Amount
Latest price
$93.92
(£1.00 = $1.365)
Number of shares (est.)
0
Market Cap
$4.107B
P/E ratio
36.76
EPS
$2.554
Beta
1.40
Dividend rate
$0.52
Dividend yield
0.55%
Granite Construction Incorporated is a diversified construction and construction materials company in the United States as well as a full-suite civil construction provider. The Company's segments include Construction and Materials. The Construction segment is focused on construction and rehabilitation of roads, pavement preservation, bridges, rail lines, airports, marine ports, dams, reservoirs, aqueducts, infrastructure and site development for use by the general public and water-related construction for municipal agencies, commercial water suppliers, industrial facilities and energy companies. It also provides construction of various complex projects including infrastructure/site development, mining, public safety, tunnel, solar, battery storage and other power-related projects. The Materials segment is focused on production of aggregates, asphalt concrete, liquid asphalt and recycled materials production for internal use in its construction projects and for sale to third parties.
CEO
Mr. Kyle T. Larkin
Employees
2,300
Sector
Construction
Company HQ
WATSONVILLE, United States of America
Website
Granite Construction continues to deliver strong growth and remains attractively valued, outperforming the S&P 500 since my initial 'buy' rating. Recent results show revenue growth across both segments, with private sector strength and successful acquisitions fueling expansion despite a slight dip in profitability. Management projects robust organic growth, ongoing acquisitions, and margin improvements, targeting significant EBITDA and cash flow increases by 2027.
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) is proud to announce its continued collaboration with the Southern Nevada Water Authority (SNWA) and Contri Construction Company through the award of the Rice Pumping Station & Pipeline Project—part of the Horizon Lateral Program. In partnership with Contri, Granite operates under the Southern Nevada Construction Partners (SNCP), a joint venture. The Horizon Lateral Program is a strategic initiative designed to enhance system reliabil.
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