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Granite Construction Incorporated (GVA)

Industrials | Engineering & Construction | Watsonville, United States | NYSE
122.52 USD -2.19 (-1.756%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 122.52

Short-term:★★☆☆☆Long-term:★★★☆☆Dividends:★★☆☆☆
Hot Take | Aug. 22, 2026, 4:58 a.m. EDT

Granite Construction presents a classic turnaround profile where operational momentum is diverging sharply from accounting reality. The business is generating robust revenue growth of nearly 30 percent and healthy free cash flow, yet the balance sheet remains fragile with high leverage and negative trailing earnings. This disconnect creates a speculative opportunity rather than a certainty. Technically, the stock is lagging behind its 50-day and 200-day moving averages, confirming that the broader market has not yet fully priced in the recovery potential. While the dividend yield is negligible and offers no income cushion, the forward earnings outlook and cash generation suggest the company is stabilizing. Investors should view this as a high-risk recovery play dependent on the successful deleveraging of the balance sheet and the conversion of operating cash into sustainable accounting profits.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.088056
AutoETS0.088057
AutoARIMA0.088058
AutoTheta0.105359

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 41%
H-stat 5.88
Ljung-Box p 0.000
Jarque-Bera p 0.166
Excess Kurtosis -1.32
Attribute Value
Sector Industrials
Ex Dividend Date 2026-06-29
Last Dividend Date 2026-06-29
Debt to Equity Ratio 215.12
Revenue per Share 113.752
Market Cap 5,443,182,592
Forward P/E 15.34
Beta 1.34
Profit Margins -3.32%
Website https://www.graniteconstruction.com

As of Aug. 22, 2026, 4:58 a.m. EDT: Speculators are positioning for a range-bound outcome with a slight upside bias. Call open interest is concentrated at 150 and 170 strikes for September expiration and 180 for December, suggesting bets on a move toward the upper end of the 52-week range. Put open interest is heavy at 115 for September and 145 for December, indicating hedging or downside protection at lower levels. Implied volatility is notably low for December 2026 options, implying a lack of expected large moves in the near term.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.08% 0.42% 0.69% 1.02%
Dividend History
Date Dividend Yield %
2026-06-30 0.130000 0.082237
2026-03-31 0.130000 0.108442
2025-12-31 0.130000 0.112700
2025-09-30 0.130000 0.118559
2025-06-30 0.130000 0.139023
2025-03-31 0.130000 0.172414
2024-12-31 0.130000 0.148216
2024-09-30 0.130000 0.163976
2024-06-28 0.130000 0.209779
2024-03-27 0.130000 0.226639
2023-12-28 0.130000 0.253017
2023-09-28 0.130000 0.340850
2023-06-29 0.130000 0.324432
2023-03-30 0.130000 0.320988
2022-12-29 0.130000 0.367335
2022-09-29 0.130000 0.499424
2022-06-29 0.130000 0.454228
2022-03-30 0.130000 0.400616
2021-12-30 0.130000 0.339780
2021-09-29 0.130000 0.320118
2021-06-29 0.130000 0.316456
2021-03-30 0.130000 0.331210
2020-12-30 0.130000 0.479882
2020-09-29 0.130000 0.732807
2020-06-29 0.130000 0.676379
2020-03-30 0.130000 0.958702
2019-12-30 0.130000 0.473071
2019-09-27 0.130000 0.410872
2019-06-27 0.130000 0.276596
2019-03-28 0.130000 0.300023
2018-12-28 0.130000 0.325081
2018-09-27 0.130000 0.289082
2018-06-28 0.130000 0.237660
2018-03-28 0.130000 0.243583
2017-12-28 0.130000 0.199754
2017-09-28 0.130000 0.224293
2017-06-28 0.130000 0.268873
2017-03-29 0.130000 0.266776
2016-12-28 0.130000 0.232350
2016-09-28 0.130000 0.262786
2016-06-28 0.130000 0.313707
2016-03-29 0.130000 0.278671
2015-12-29 0.130000 0.293785
2015-09-28 0.130000 0.438449
2015-06-26 0.130000 0.353069
2015-03-27 0.130000 0.387944
2014-12-29 0.130000 0.335917
2014-09-26 0.130000 0.400370
2014-06-26 0.130000 0.368481
2014-03-27 0.130000 0.330033
2013-12-27 0.130000 0.373027
2013-09-26 0.130000 0.421394
2013-06-26 0.130000 0.442779
2013-03-26 0.130000 0.410095
2012-12-27 0.130000 0.390742
2012-09-26 0.130000 0.460993
2012-06-27 0.130000 0.522718
2012-03-28 0.130000 0.446889
2011-12-28 0.130000 0.569676
2011-09-28 0.130000 0.686378
2011-06-28 0.130000 0.532351
2011-03-29 0.130000 0.460340
2010-12-29 0.130000 0.471185
2010-09-28 0.130000 0.572940
2010-06-28 0.130000 0.520208
2010-03-29 0.130000 0.424282
2009-12-29 0.130000 0.377249
2009-09-28 0.130000 0.428760
2009-06-26 0.130000 0.380006
2009-03-27 0.130000 0.317693
2008-12-29 0.130000 0.319253
2008-09-26 0.130000 0.349181
2008-06-26 0.130000 0.411262
2008-03-27 0.130000 0.400616
2007-12-18 0.130000 0.346574
2007-09-26 0.100000 0.186986
2007-06-27 0.100000 0.152648
2007-03-28 0.100000 0.178891
2006-12-27 0.100000 0.205044
2006-09-27 0.100000 0.185288
2006-06-28 0.100000 0.233427
2006-03-29 0.100000 0.203998
2005-12-28 0.100000 0.273224
2005-09-28 0.100000 0.269469
2005-06-28 0.100000 0.368324
2005-03-29 0.100000 0.385802
2004-12-28 0.100000 0.370782
2004-09-28 0.100000 0.426439
2004-06-28 0.100000 0.553097
2004-03-29 0.100000 0.416320
2003-12-26 0.100000 0.418410
2003-09-26 0.100000 0.541419
2003-06-25 0.100000 0.523286
2003-03-26 0.100000 0.638978
2002-12-24 0.080000 0.484261
2002-09-26 0.080000 0.491703
2002-06-26 0.080000 0.327466
2002-03-26 0.080000 0.330306
2001-12-26 0.080000 0.322711
2001-09-26 0.080000 0.359389
2001-06-27 0.080000 0.341880
2001-03-28 0.080000 0.377953
2000-12-27 0.066667 0.341882
2000-09-27 0.066667 0.416669
2000-06-28 0.066667 0.410258
2000-03-29 0.106667 0.600941
1999-12-28 0.046667 0.392985
1999-09-28 0.046667 0.275864
1999-06-28 0.046667 0.244010
1999-03-29 0.126667 0.783507
1998-12-28 0.040000 0.182509
1998-09-28 0.040000 0.190099
1998-06-26 0.033333 0.251570
1998-03-27 0.086667 0.713962
1997-12-26 0.026667 0.275075
1997-09-26 0.026667 0.257376
1997-06-26 0.026667 0.317885
1997-03-26 0.080000 0.911392
1996-12-26 0.026667 0.307696
1996-09-26 0.026667 0.303801
1996-06-26 0.026667 0.240003
1996-03-27 0.085926 0.978904
1995-12-27 0.022222 0.246911
1995-09-27 0.022222 0.283016
1995-06-28 0.066667 0.994480
1995-03-27 0.014815 0.275866
1994-12-23 0.014815 0.256413
1994-09-26 0.014815 0.229888
1994-06-24 0.014815 0.250003
1994-03-25 0.014815 0.222225
1993-12-23 0.014815 0.217394
1993-09-24 0.014815 0.256413
1993-06-24 0.014815 0.273976
1993-03-25 0.014815 0.253168
1992-12-23 0.014815 0.238098
1992-09-24 0.014815 0.268460
1992-06-24 0.014815 0.256413
1992-03-25 0.014815 0.201008
1991-12-24 0.014815 0.185188
1991-09-24 0.014815 0.212769
1991-06-24 0.014815 0.170215
1991-03-22 0.014815 0.204084
Additional Data
dividendRate 0.52
dividendYield 0.42
exDividendDate 2026-06-30
trailingAnnualDividendRate 0.52
trailingAnnualDividendYield 0.0041696737
lastDividendValue 0.13
lastDividendDate 2026-06-30
dividendDate 2026-07-15

Info Dump

Attribute Value
52 Week Change 0.1496669
Address1 585 West Beach Street
All Time High 162.08
All Time Low 4.592593
Ask 135.0
Ask Size 500
Audit Risk 3
Average Daily Volume10 Day 441,820
Average Daily Volume3 Month 872,909
Average Volume 872,909
Average Volume10Days 441,820
Beta 1.335
Bid 76.94
Bid Size 100
Board Risk 1
Book Value 17.2
City Watsonville
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 1
Country United States
Crypto Tradeable 0
Currency USD
Current Price 122.52
Current Ratio 1.013
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 124.795
Day Low 122.34
Debt To Equity 215.12
Dividend Date 1,784,073,600
Dividend Rate 0.52
Dividend Yield 0.42
Earnings Call Timestamp End 1,785,423,600
Earnings Call Timestamp Start 1,785,423,600
Earnings Timestamp 1,785,414,600
Earnings Timestamp End 1,793,881,800
Earnings Timestamp Start 1,793,881,800
Ebitda 484,334,016
Ebitda Margins 0.09751
Enterprise To Ebitda 12.586
Enterprise To Revenue 1.227
Enterprise Value 6,095,956,992
Eps Current Year 7.0789
Eps Forward 7.98899
Eps Trailing Twelve Months -4.24
Esg Populated 0
Ex Dividend Date 1,782,777,600
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 130.8298
Fifty Day Average Change -8.309807
Fifty Day Average Change Percent -0.06351616
Fifty Two Week Change Percent 14.96669
Fifty Two Week High 162.08
Fifty Two Week High Change -39.560005
Fifty Two Week High Change Percent -0.24407703
Fifty Two Week Low 97.26
Fifty Two Week Low Change 25.259995
Fifty Two Week Low Change Percent 0.25971615
Fifty Two Week Range 97.26 - 162.08
Financial Currency USD
First Trade Date Milliseconds 640,618,200,000
Five Year Avg Dividend Yield 1.04
Float Shares 43,415,269
Forward Eps 7.98899
Forward P E 15.336106
Free Cashflow 959,048,128
Full Exchange Name NYSE
Full Time Employees 2,500
Fullday Change -2.19
Fullday Change Percent -1.75608
Fullday Price 122.52
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.15641
Gross Profits 776,944,000
Has Pre Post Market Data 1
Held Percent Insiders 0.00928
Held Percent Institutions 1.12868
Implied Shares Outstanding 44,426,893
Industry Engineering & Construction
Industry Disp Engineering & Construction
Industry Key engineering-construction
Ir Website http://investor.graniteconstruction.com/index.cfm
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,782,777,600
Last Dividend Value 0.13
Last Fiscal Year End 1,767,139,200
Last Split Date 987,379,200
Last Split Factor 3:2
Long Business Summary Granite Construction Incorporated provides infrastructure solutions for public and private clients in the United States. It operates through 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 and site development, mining, public safety, tunnel, solar, battery storage, and power related projects. The Materials segment produces and delivers aggregates, asphalt concrete, liquid asphalt, and recycled materials for internal use in construction projects and sale to third parties. It also provides site preparation, mining, and infrastructure services for railways, residential development, energy development, and commercial and industrial sites; produces construction materials; and provides construction management professional services, as well as owns and leases aggregate reserves and processing plants. The company serves federal agencies, state departments of transportation, local transit authorities, county and city public works departments, school districts and developers, utilities, contractors, landscapers, manufacturers of products requiring aggregate materials, retailers, homeowners, farmers, brokers, and private owners of industrial, commercial, and residential sites. Granite Construction Incorporated was incorporated in 1922 and is headquartered in Watsonville, California.
Long Name Granite Construction Incorporated
Market us_market
Market Cap 5,443,182,592
Market State CLOSED
Max Age 86,400
Message Board Id finmb_275898
Most Recent Quarter 1,782,777,600
Net Income To Common -164,902,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 5,540,477,826
Number Of Analyst Opinions 6
Open 124.85
Operating Cashflow 605,022,016
Operating Margins 0.08996
Overall Risk 1
Payout Ratio 0.1417
Peg Ratio 0.14
Phone 831 724 1011
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 122.52
Post Market Time 1,787,961,600
Previous Close 124.71
Price Eps Current Year 17.307774
Price Hint 2
Price To Book 7.1232553
Price To Sales Trailing12 Months 1.095824
Profit Margins -0.0332
Quick Ratio 0.918
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -2.19
Regular Market Change Percent -1.75608
Regular Market Day High 124.795
Regular Market Day Low 122.34
Regular Market Day Range 122.34 - 124.795
Regular Market Open 124.85
Regular Market Previous Close 124.71
Regular Market Price 122.52
Regular Market Time 1,787,947,202
Regular Market Volume 259,376
Return On Assets 0.047280002
Return On Equity -0.14548
Revenue Growth 0.293
Revenue Per Share 113.752
Sand P52 Week Change 0.20204377
Sector Industrials
Sector Disp Industrials
Sector Key industrials
Share Holder Rights Risk 3
Shares Outstanding 44,426,893
Shares Percent Shares Out 0.0857
Shares Short 3,807,056
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 4,052,256
Short Name Granite Construction Incorporat
Short Percent Of Float 0.1361
Short Ratio 3.83
Source Interval 15
State CA
Symbol GVA
Target High Price 200.0
Target Low Price 119.0
Target Mean Price 171.66667
Target Median Price 177.5
Total Cash 1,051,094,016
Total Cash Per Share 24.017
Total Debt 1,732,434,944
Total Revenue 4,967,204,864
Tradeable 0
Trailing Annual Dividend Rate 0.52
Trailing Annual Dividend Yield 0.0041696737
Trailing Eps -4.24
Trailing Peg Ratio 0.1476
Triggerable 1
Two Hundred Day Average 125.9328
Two Hundred Day Average Change -3.4128036
Two Hundred Day Average Change Percent -0.027100196
Type Disp Equity
Volume 259,376
Website https://www.graniteconstruction.com
Zip 95,076