What is DA Davidson’s Estimate for GVA Q4 Earnings?

Granite Construction Incorporated (NYSE:GVA) – Equities researchers at DA Davidson issued their Q4 2025 earnings estimates for shares of Granite Construction in a research note issued to investors on Tuesday, November 11th. DA Davidson analyst B. Thielman anticipates that the construction company will post earnings per share of $1.34 for the quarter. DA Davidson currently has a “Buy” rating and a $130.00 price objective on the stock. The consensus estimate for Granite Construction’s current full-year earnings is $5.49 per share.

A number of other analysts also recently issued reports on the stock. Weiss Ratings restated a “buy (b-)” rating on shares of Granite Construction in a report on Tuesday, October 14th. Wall Street Zen downgraded shares of Granite Construction from a “buy” rating to a “hold” rating in a research report on Saturday. Two investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $103.00.

Granite Construction Trading Up 2.3%

NYSE GVA opened at $102.44 on Wednesday. The business’s fifty day moving average is $106.25 and its 200-day moving average is $98.14. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.57 and a quick ratio of 1.45. The stock has a market capitalization of $4.49 billion, a price-to-earnings ratio of 33.48 and a beta of 1.42. Granite Construction has a one year low of $69.08 and a one year high of $112.16.

Granite Construction (NYSE:GVA) last issued its quarterly earnings results on Thursday, November 6th. The construction company reported $2.70 EPS for the quarter, topping analysts’ consensus estimates of $2.56 by $0.14. The business had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.51 billion. Granite Construction had a return on equity of 21.64% and a net margin of 3.89%.Granite Construction’s quarterly revenue was up 12.1% compared to the same quarter last year. During the same period last year, the company posted $2.05 earnings per share. Granite Construction has set its FY 2025 guidance at EPS.

Granite Construction Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were issued a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Tuesday, September 30th. Granite Construction’s dividend payout ratio (DPR) is presently 14.99%.

Insider Activity

In related news, SVP Brian R. Dowd sold 2,025 shares of the business’s stock in a transaction on Thursday, August 28th. The stock was sold at an average price of $110.16, for a total transaction of $223,074.00. Following the sale, the senior vice president directly owned 14,685 shares in the company, valued at approximately $1,617,699.60. The trade was a 12.12% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Michael G. Tatusko sold 2,000 shares of the stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $110.00, for a total value of $220,000.00. Following the sale, the senior vice president directly owned 29,241 shares in the company, valued at $3,216,510. This trade represents a 6.40% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 5,525 shares of company stock worth $608,314. 1.00% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Granite Construction

A number of large investors have recently modified their holdings of the company. Ethic Inc. lifted its stake in Granite Construction by 4.6% in the 3rd quarter. Ethic Inc. now owns 2,341 shares of the construction company’s stock worth $257,000 after purchasing an additional 104 shares in the last quarter. Parkside Financial Bank & Trust raised its stake in Granite Construction by 7.3% in the second quarter. Parkside Financial Bank & Trust now owns 1,642 shares of the construction company’s stock valued at $154,000 after purchasing an additional 111 shares in the last quarter. Callan Family Office LLC lifted its position in Granite Construction by 4.4% during the third quarter. Callan Family Office LLC now owns 2,774 shares of the construction company’s stock valued at $304,000 after purchasing an additional 118 shares during the last quarter. Evergreen Capital Management LLC lifted its position in Granite Construction by 4.5% during the second quarter. Evergreen Capital Management LLC now owns 2,813 shares of the construction company’s stock valued at $263,000 after purchasing an additional 120 shares during the last quarter. Finally, Nisa Investment Advisors LLC grew its stake in Granite Construction by 1.3% in the 3rd quarter. Nisa Investment Advisors LLC now owns 10,675 shares of the construction company’s stock worth $1,172,000 after buying an additional 140 shares in the last quarter.

Granite Construction Company Profile

Granite Construction Incorporated operates as an infrastructure contractor in the United States. It operates through two segments: Construction and Materials segments. The Construction segment engages in the construction and rehabilitation of roads, pavement preservation, bridges, rail lines, airports, marine ports, dams, reservoirs, aqueducts, infrastructure, and site development for use by the public and water-related construction for municipal agencies, commercial water suppliers, industrial facilities, and energy companies; and construction of various complex projects, including infrastructure/site development, mining, public safety, tunnel, solar storage, and power related projects.