Granite Construction (GVA) Expected to Announce Quarterly Earnings on Thursday

Granite Construction (NYSE:GVA) is expected to be posting its Q1 2026 results before the market opens on Thursday, April 30th. Analysts expect Granite Construction to post earnings of ($0.6067) per share and revenue of $782.2610 million for the quarter. Individuals can find conference call details on the company’s upcoming Q1 2026 earning report page for the latest details on the call scheduled for Thursday, April 30, 2026 at 11:00 AM ET.

Granite Construction (NYSE:GVA) last issued its earnings results on Thursday, February 12th. The construction company reported $1.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.34 by $0.06. Granite Construction had a net margin of 4.36% and a return on equity of 24.10%. The company had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same quarter last year, the business posted $1.23 EPS. The company’s revenue for the quarter was up 19.2% on a year-over-year basis.

Granite Construction Stock Down 0.3%

Shares of Granite Construction stock traded down $0.38 on Wednesday, hitting $124.40. 15,425 shares of the company traded hands, compared to its average volume of 608,620. Granite Construction has a 12-month low of $76.57 and a 12-month high of $137.24. The company has a quick ratio of 1.13, a current ratio of 1.22 and a debt-to-equity ratio of 0.79. The company has a market cap of $5.44 billion, a PE ratio of 33.99 and a beta of 1.30. The company has a 50-day moving average price of $125.36 and a 200 day moving average price of $117.67.

Granite Construction Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were given a dividend of $0.13 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $0.52 dividend on an annualized basis and a yield of 0.4%. Granite Construction’s dividend payout ratio (DPR) is presently 14.21%.

Insider Transactions at Granite Construction

In other Granite Construction news, CEO Kyle T. Larkin sold 26,651 shares of the business’s stock in a transaction dated 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 completion of the sale, the chief executive officer owned 114,881 shares of the company’s stock, valued at $13,569,743.72. The trade was a 18.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Staci M. Woolsey sold 1,523 shares of the company’s stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of $119.84, for a total value of $182,516.32. Following the sale, the chief financial officer owned 18,954 shares of the company’s stock, valued at approximately $2,271,447.36. This trade represents a 7.44% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 35,488 shares of company stock valued at $4,207,042 in the last ninety days. Insiders own 1.00% of the company’s stock.

Hedge Funds Weigh In On Granite Construction

Several hedge funds and other institutional investors have recently added to or reduced their stakes in GVA. Aster Capital Management DIFC Ltd raised its position in shares of Granite Construction by 512.8% in 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 during the period. Quarry LP grew its stake in Granite Construction by 1,417.6% in the 3rd quarter. Quarry LP now owns 516 shares of the construction company’s stock valued at $57,000 after buying an additional 482 shares during the last quarter. Danske Bank A S acquired a new position in Granite Construction in the 3rd quarter valued at $77,000. Glenmede Investment Management LP bought a new position in Granite Construction in the 3rd quarter worth $206,000. Finally, Vise Technologies Inc. bought a new position in Granite Construction in the 3rd quarter worth $220,000.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. Wall Street Zen raised Granite Construction from a “hold” rating to a “buy” rating in a research report on Saturday, February 28th. DA Davidson boosted their price target on Granite Construction from $130.00 to $155.00 and gave the company a “buy” rating in a research note on Friday, February 13th. Zacks Research raised shares of Granite Construction from a “strong sell” rating to a “hold” rating in a research report on Monday, January 12th. Finally, The Goldman Sachs Group lifted their target price on shares of Granite Construction from $109.00 to $124.00 and gave the company a “neutral” rating in a research note on Wednesday, January 28th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Granite Construction presently has an average rating of “Moderate Buy” and an average price target of $139.50.

Granite Construction Company Profile

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.