Granite Construction (NYSE:GVA – Get Free Report) is expected to release its Q2 2026 results before the market opens on Thursday, July 30th. Analysts expect the company to announce earnings of $2.28 per share and revenue of $1.4120 billion for the quarter. Individuals can find conference call details on the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Thursday, July 30, 2026 at 11:00 AM ET.
Granite Construction (NYSE:GVA – Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The construction company reported $0.26 EPS for the quarter, topping the consensus estimate of ($0.77) by $1.03. The company had revenue of $912.47 million for the quarter, compared to analyst estimates of $782.26 million. Granite Construction had a return on equity of 24.90% and a net margin of 3.99%.The firm’s revenue was up 30.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.01 earnings per share. On average, analysts expect Granite Construction to post $6 EPS for the current fiscal year and $8 EPS for the next fiscal year.
Granite Construction Trading Up 0.7%
GVA opened at $125.65 on Thursday. The company has a quick ratio of 0.97, a current ratio of 1.09 and a debt-to-equity ratio of 0.80. Granite Construction has a 52 week low of $89.80 and a 52 week high of $162.08. The business’s 50 day moving average is $138.55 and its two-hundred day moving average is $130.49. The firm has a market cap of $5.50 billion, a price-to-earnings ratio of 36.21 and a beta of 1.29.
Granite Construction Dividend Announcement
Insiders Place Their Bets
In other Granite Construction news, SVP Bradley Jay Williams sold 6,734 shares of the company’s stock in a transaction on Monday, June 8th. The shares were sold at an average price of $141.00, for a total transaction of $949,494.00. Following the completion of the transaction, the senior vice president owned 7,041 shares in the company, valued at approximately $992,781. This represents a 48.89% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Michael G. Tatusko sold 7,500 shares of the firm’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $141.00, for a total transaction of $1,057,500.00. Following the completion of the sale, the senior vice president owned 29,787 shares of the company’s stock, valued at $4,199,967. This trade represents a 20.11% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.88% of the stock is owned by insiders.
Institutional Investors Weigh In On Granite Construction
A number of hedge funds have recently added to or reduced their stakes in GVA. Aster Capital Management DIFC Ltd increased its position in Granite Construction by 512.8% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 239 shares of the construction company’s stock worth $28,000 after purchasing an additional 200 shares during the period. Quarry LP raised its stake in shares of Granite Construction by 1,417.6% during the 3rd quarter. Quarry LP now owns 516 shares of the construction company’s stock worth $57,000 after buying an additional 482 shares in the last quarter. Danske Bank A S acquired a new stake in shares of Granite Construction in the 3rd quarter valued at approximately $77,000. Glenmede Investment Management LP acquired a new stake in shares of Granite Construction in the 3rd quarter valued at approximately $206,000. Finally, Vise Technologies Inc. purchased a new stake in shares of Granite Construction in the third quarter valued at approximately $220,000.
Wall Street Analyst Weigh In
A number of brokerages have recently commented on GVA. Oppenheimer assumed coverage on shares of Granite Construction in a report on Thursday, May 28th. They issued an “outperform” rating and a $170.00 target price on the stock. The Goldman Sachs Group reiterated a “sell” rating and set a $139.00 price target (down from $141.00) on shares of Granite Construction in a research note on Thursday, July 9th. Stephens initiated coverage on shares of Granite Construction in a research note on Friday, June 26th. They issued an “overweight” rating and a $180.00 price objective on the stock. Wall Street Zen cut shares of Granite Construction from a “buy” rating to a “hold” rating in a report on Saturday, July 18th. Finally, Zacks Research upgraded shares of Granite Construction to a “hold” rating in a research note on Friday, May 29th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Granite Construction currently has a consensus rating of “Moderate Buy” and an average target price of $161.00.
Check Out Our Latest Stock Report on Granite Construction
Granite Construction Company Profile
Granite Construction Inc is a publicly traded heavy civil contractor and construction materials producer based in Watsonville, California. The company specializes in delivering large-scale infrastructure projects for government and private clients, focusing on the development, rehabilitation and maintenance of transportation, water resource and industrial facilities. Its turnkey solutions span the full project lifecycle, from preconstruction and design-build to construction management and facilities maintenance.
In its construction segment, Granite undertakes highway and bridge building, airport runway and taxiway construction, marine terminal and port improvements, dam and reservoir projects, transit systems and underground utilities.
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