Granite Construction Incorporated (GVA)Industrials | Engineering & Construction | Watsonville, United States | NYSE
107.73 USD
-5.42
(-4.790%) ⇩
(Oct. 14, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 9:27 a.m. EDT
Granite Construction presents a compelling turnaround narrative where top-line growth is decoupling from bottom-line profitability. Revenue is surging nearly 30% annually, and free cash flow remains robust, yet the company is currently posting negative earnings and a negative return on equity. This disconnect suggests the market is pricing in a cyclical recovery rather than immediate operational excellence. Technically, the stock is struggling, trading well below both its 50-day and 200-day moving averages, which dampens near-term momentum despite the bullish analyst targets. The dividend yield is negligible at under half a percent, serving more as a retention tool than an income driver. For investors, the opportunity lies in betting on the backlog and cash flow conversion, but the high leverage and current losses mean this is a speculative hold rather than a defensive buy. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.029138 |
| AutoETS | 0.047343 |
| AutoARIMA | 0.047344 |
| MSTL | 0.052536 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 45% |
| H-stat | 1.96 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.621 |
| Excess Kurtosis | -0.69 |
| Attribute | Value |
|---|---|
| Sector | Industrials |
| Ex Dividend Date | 2026-09-29 |
| Last Dividend Date | 2026-09-29 |
| Debt to Equity Ratio | 215.12 |
| Revenue per Share | 113.752 |
| Market Cap | 4,786,109,440 |
| Forward P/E | 13.37 |
| Beta | 1.35 |
| Profit Margins | -3.32% |
| Website | https://www.graniteconstruction.com |
As of Oct. 10, 2026, 9:27 a.m. EDT: Speculators are positioning for upside with heavy out-of-the-money call interest across multiple expirations, particularly in December and March. Implied volatility remains elevated between 45% and 66%, indicating uncertainty. While call positioning dominates, there is notable in-the-money put volume in December, suggesting hedging against a potential correction.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.11% | 0.42% | 0.62% | 0.98% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-09-30 | 0.130000 | 0.112156 |
| 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 |
| Attribute | Value |
|---|---|
| 52 Week Change | 0.020363688 |
| Address1 | 585 West Beach Street |
| All Time High | 162.08 |
| All Time Low | 4.592593 |
| Ask | 168.11 |
| Ask Size | 100 |
| Audit Risk | 3 |
| Average Daily Volume10 Day | 647,800 |
| Average Daily Volume3 Month | 710,057 |
| Average Volume | 710,057 |
| Average Volume10Days | 647,800 |
| Beta | 1.348 |
| Bid | 0.0 |
| Bid Size | 300 |
| 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 | 107.73 |
| Current Ratio | 1.013 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,790,726,400 |
| Day High | 110.65 |
| Day Low | 105.72 |
| Debt To Equity | 215.12 |
| Display Name | Granite Construction |
| Dividend Date | 1,792,022,400 |
| Dividend Yield | 0.46 |
| 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 | 11.25 |
| Enterprise To Revenue | 1.097 |
| Enterprise Value | 5,448,679,424 |
| Eps Current Year | 7.1089 |
| Eps Forward | 8.05566 |
| Eps Trailing Twelve Months | -4.11 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,790,726,400 |
| Exchange | NYQ |
| Exchange Data Delayed By | 20 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 119.0562 |
| Fifty Day Average Change | -11.326195 |
| Fifty Day Average Change Percent | -0.09513318 |
| Fifty Two Week Change Percent | 2.0363688 |
| Fifty Two Week High | 162.08 |
| Fifty Two Week High Change | -54.35 |
| Fifty Two Week High Change Percent | -0.33532822 |
| Fifty Two Week Low | 97.26 |
| Fifty Two Week Low Change | 10.470001 |
| Fifty Two Week Low Change Percent | 0.10764961 |
| Fifty Two Week Range | 97.26 - 162.08 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 640,618,200,000 |
| Five Year Avg Dividend Yield | 0.76 |
| Float Shares | 43,420,083 |
| Forward Eps | 8.05566 |
| Forward P E | 13.373206 |
| Free Cashflow | 959,048,128 |
| Full Exchange Name | NYSE |
| Full Time Employees | 2,500 |
| Fullday Change | 0.6800003 |
| Fullday Change Percent | 0.6046059 |
| Fullday Price | 107.73 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,790,812,800 |
| Gross Margins | 0.15641 |
| Gross Profits | 776,944,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.00928 |
| Held Percent Institutions | 1.12849 |
| 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 | 1,790,726,400 |
| 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 | 4,786,109,440 |
| Market State | PRE |
| 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 | 5,079,326,676 |
| Number Of Analyst Opinions | 6 |
| Open | 110.02 |
| Operating Cashflow | 605,022,016 |
| Operating Margins | 0.08996 |
| Overall Risk | 1 |
| Payout Ratio | 0.1499 |
| Peg Ratio | 0.11 |
| Phone | 831 724 1011 |
| Previous Close | 113.15 |
| Price Eps Current Year | 15.154243 |
| Price Hint | 2 |
| Price To Book | 6.263372 |
| Price To Sales Trailing12 Months | 0.9635418 |
| Profit Margins | -0.0332 |
| Quick Ratio | 0.918 |
| Quote Source Name | Delayed Quote |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -5.42 |
| Regular Market Change Percent | -4.7901 |
| Regular Market Day High | 110.65 |
| Regular Market Day Low | 105.72 |
| Regular Market Day Range | 105.72 - 110.65 |
| Regular Market Open | 110.02 |
| Regular Market Previous Close | 113.15 |
| Regular Market Price | 107.73 |
| Regular Market Time | 1,792,008,002 |
| Regular Market Volume | 719,760 |
| Return On Assets | 0.047280002 |
| Return On Equity | -0.14548 |
| Revenue Growth | 0.293 |
| Revenue Per Share | 113.752 |
| Sand P52 Week Change | 0.1570785 |
| Sector | Industrials |
| Sector Disp | Industrials |
| Sector Key | industrials |
| Share Holder Rights Risk | 3 |
| Shares Outstanding | 44,426,893 |
| Shares Percent Shares Out | 0.0892 |
| Shares Short | 3,961,158 |
| Shares Short Previous Month Date | 1,788,134,400 |
| Shares Short Prior Month | 3,490,126 |
| Short Name | Granite Construction Incorporat |
| Short Percent Of Float | 0.1416 |
| Short Ratio | 7.0 |
| 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 | 0.0045956695 |
| Trailing Eps | -4.11 |
| Trailing Peg Ratio | 0.1108 |
| Triggerable | 1 |
| Two Hundred Day Average | 127.0215 |
| Two Hundred Day Average Change | -19.291496 |
| Two Hundred Day Average Change Percent | -0.15187584 |
| Type Disp | Equity |
| Volume | 719,760 |
| Website | https://www.graniteconstruction.com |
| Zip | 95,076 |