Granite Construction (NYSE:GVA) Reaches New 52-Week High – What’s Next?

Posted by Brenda Bartman on Jun 15th, 2026

Granite Construction Incorporated (NYSE:GVA – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $145.00 and last traded at $144.1210, with a volume of 11632 shares traded. The stock had previously closed at $140.60.

Analyst Ratings Changes

A number of analysts have issued reports on GVA shares. Wall Street Zen lowered Granite Construction from a “buy” rating to a “hold” rating in a research note on Saturday, May 30th. Zacks Research raised Granite Construction to a “hold” rating in a research note on Friday, May 29th. Oppenheimer started coverage on Granite Construction in a research note on Thursday, May 28th. They issued an “outperform” rating and a $170.00 price objective on the stock. Finally, Weiss Ratings lowered Granite Construction from a “buy (b)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. Two research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, Granite Construction has an average rating of “Hold” and a consensus target price of $149.67.

Check Out Our Latest Research Report on GVA

Granite Construction Price Performance

The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.97 and a current ratio of 1.09. The firm has a market cap of $6.20 billion, a price-to-earnings ratio of 40.81 and a beta of 1.32. The company’s fifty day moving average is $132.28 and its two-hundred day moving average is $125.07.

Granite Construction (NYSE:GVA – Get Free Report) last posted its earnings results on Thursday, April 30th. The construction company reported $0.26 earnings per share for the quarter, beating the consensus estimate of ($0.77) by $1.03. Granite Construction had a net margin of 3.99% and a return on equity of 24.90%. The business had revenue of $912.47 million for the quarter, compared to analyst estimates of $782.26 million. During the same quarter in the previous year, the business posted $0.01 EPS. The business’s quarterly revenue was up 30.4% on a year-over-year basis. Equities research analysts forecast that Granite Construction Incorporated will post 5.13 EPS for the current year.

Granite Construction Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be given a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Tuesday, June 30th. Granite Construction’s dividend payout ratio is presently 14.99%.

Insiders Place Their Bets

In other Granite Construction news, CEO Kyle T. Larkin sold 26,651 shares of the company’s stock in a transaction that occurred on Friday, March 27th. The stock was sold at an average price of $118.12, for a total value of $3,148,016.12. Following the transaction, the chief executive officer directly owned 114,881 shares of the company’s stock, valued at $13,569,743.72. This represents a 18.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Bradley Jay Williams sold 6,734 shares of the company’s stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $141.00, for a total value of $949,494.00. Following the completion of the transaction, the senior vice president directly owned 7,041 shares in the company, valued at approximately $992,781. The trade was a 48.89% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 49,722 shares of company stock valued at $6,214,036. Company insiders own 0.88% of the company’s stock.

Institutional Investors Weigh In On Granite Construction

A number of institutional investors have recently made changes to their positions in the company. Maryland State Retirement & Pension System increased its holdings in shares of Granite Construction by 1.3% in the 4th quarter. Maryland State Retirement & Pension System now owns 6,378 shares of the construction company’s stock valued at $736,000 after acquiring an additional 83 shares during the last quarter. Root Financial Partners LLC boosted its stake in Granite Construction by 30.9% during the first quarter. Root Financial Partners LLC now owns 381 shares of the construction company’s stock valued at $46,000 after buying an additional 90 shares in the last quarter. Evergreen Capital Management LLC boosted its stake 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 buying an additional 120 shares in the last quarter. Corient Private Wealth LLC lifted its holdings in shares of Granite Construction by 3.1% during the fourth quarter. Corient Private Wealth LLC now owns 4,978 shares of the construction company’s stock valued at $575,000 after purchasing an additional 148 shares during the last quarter. Finally, State of Alaska Department of Revenue lifted its holdings in shares of Granite Construction by 0.9% during the fourth quarter. State of Alaska Department of Revenue now owns 22,224 shares of the construction company’s stock valued at $2,563,000 after purchasing an additional 191 shares during the last quarter.

About Granite Construction

(Get Free Report)

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.