Granite Construction (NYSE:GVA) Director Buys $53,868.75 in Stock

Posted by George Bondi on Jun 18th, 2026

Granite Construction Incorporated (NYSE:GVA – Get Free Report) Director John Timothy Romer bought 375 shares of the company’s stock in a transaction dated Monday, June 15th. The shares were purchased at an average cost of $143.65 per share, with a total value of $53,868.75. Following the acquisition, the director directly owned 2,801 shares of the company’s stock, valued at approximately $402,363.65. This represents a 15.46% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

John Timothy Romer also recently made the following trade(s):

On Friday, June 12th, John Timothy Romer bought 375 shares of Granite Construction stock. The shares were purchased at an average cost of $141.79 per share, with a total value of $53,171.25.

Granite Construction Stock Down 1.1%

GVA opened at $143.57 on Thursday. Granite Construction Incorporated has a fifty-two week low of $88.26 and a fifty-two week high of $148.00. 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 company has a market capitalization of $6.28 billion, a P/E ratio of 41.38 and a beta of 1.32. The stock has a fifty day moving average of $133.59 and a 200-day moving average of $125.85.

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, topping analysts’ consensus estimates of ($0.77) by $1.03. Granite Construction had a return on equity of 24.90% and a net margin of 3.99%.The company had revenue of $912.47 million during the quarter, compared to the consensus estimate of $782.26 million. During the same quarter last year, the firm earned $0.01 earnings per share. The company’s revenue was up 30.4% on a year-over-year basis. On average, equities analysts expect that Granite Construction Incorporated will post 6.14 EPS for the current year.

Granite Construction Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be issued a dividend of $0.13 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.4%. Granite Construction’s dividend payout ratio (DPR) is currently 14.99%.

Institutional Trading of Granite Construction

Hedge funds have recently made changes to their positions in the company. Aster Capital Management DIFC Ltd boosted its stake in shares of Granite Construction by 512.8% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 239 shares of the construction company’s stock valued at $28,000 after purchasing an additional 200 shares in the last quarter. Newbridge Financial Services Group Inc. acquired a new stake in shares of Granite Construction during the fourth quarter valued at about $29,000. Root Financial Partners LLC boosted its stake in shares of 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 purchasing an additional 90 shares in the last quarter. Spire Wealth Management acquired a new stake in shares of Granite Construction during the fourth quarter valued at about $46,000. Finally, Torren Management LLC acquired a new stake in shares of Granite Construction during the fourth quarter valued at about $56,000.

Wall Street Analysts Forecast Growth

GVA has been the topic of a number of recent analyst reports. Weiss Ratings cut Granite Construction from a “buy (b)” rating to a “hold (c+)” rating in a research report on Wednesday, May 6th. Zacks Research upgraded Granite Construction to a “hold” rating in a research report on Friday, May 29th. Oppenheimer initiated coverage on Granite Construction in a research report on Thursday, May 28th. They issued an “outperform” rating and a $170.00 price target on the stock. Finally, Wall Street Zen cut Granite Construction from a “buy” rating to a “hold” rating in a research report on Saturday, May 30th. Two research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $149.67.

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About Granite Construction

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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.