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

Granite Construction (NYSE:GVA) is expected to release its Q3 2026 results before the market opens on Thursday, October 29th. Analysts expect Granite Construction to post earnings of $3.27 per share and revenue of $1.70 billion for the quarter. Individuals may review the information on the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Thursday, October 29, 2026 at 11:00 AM ET.

Granite Construction (NYSE:GVA) last released its quarterly earnings results on Thursday, July 30th. The construction company reported $2.16 earnings per share for the quarter, missing the consensus estimate of $2.25 by ($0.09). Granite Construction had a positive return on equity of 27.83% and a negative net margin of 3.32%. The company had revenue of $1.46 billion for the quarter, compared to analysts’ expectations of $1.41 billion. During the same period in the previous year, the business posted $1.42 EPS. The business’s quarterly revenue was up 28.8% on a year-over-year basis. On average, analysts expect Granite Construction to post $6.36 EPS for the current fiscal year and $8.24 EPS for the next fiscal year.

Granite Construction Stock Performance

NYSE GVA opened at $109.55 on Thursday. The company has a quick ratio of 0.94, a current ratio of 1.01 and a debt-to-equity ratio of 1.46. Granite Construction has a fifty-two week low of $97.26 and a fifty-two week high of $162.08. The business has a fifty day moving average of $117.43 and a 200-day moving average of $127.71. The stock has a market cap of $4.79 billion, a price-to-earnings ratio of -25.42 and a beta of 1.34.

Granite Construction Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Wednesday, September 30th were paid a dividend of $0.13 per share. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.5%. Granite Construction’s dividend payout ratio (DPR) is presently -12.06%.

Insider Activity

In other Granite Construction news, Director Carlos M. Hernandez acquired 400 shares of the firm’s stock in a transaction dated Thursday, August 6th. The shares were acquired at an average price of $123.99 per share, for a total transaction of $49,596.00. Following the completion of the acquisition, the director directly owned 5,033 shares of the company’s stock, valued at $624,041.67. This trade represents a 8.63% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.88% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of analysts recently commented on the company. The Goldman Sachs Group dropped their price objective on Granite Construction from $139.00 to $119.00 and set a “sell” rating for the company in a research report on Friday, July 31st. Wall Street Zen lowered shares of Granite Construction from a “buy” rating to a “hold” rating in a report on Saturday, July 18th. Stephens started coverage on shares of Granite Construction in a research note on Friday, June 26th. They set an “overweight” rating and a $180.00 price target on the stock. Weiss Ratings downgraded shares of Granite Construction from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, September 2nd. Finally, Oppenheimer lifted their price target on shares of Granite Construction from $170.00 to $180.00 and gave the stock an “outperform” rating in a report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Granite Construction presently has a consensus rating of “Hold” and a consensus price target of $158.50.

Granite Construction Company Profile

Granite Construction Incorporated (NYSE:GVA) is an infrastructure construction company that provides engineering, construction and rehabilitation services for public and private-sector clients. The company’s work supports transportation, water and other essential infrastructure projects across the United States.

Granite’s transportation activities include the construction and maintenance of highways, roads, bridges, airports, rail systems and other transit facilities. Its water-related services include the development and improvement of water treatment and distribution systems, wastewater facilities, dams, pipelines and related infrastructure.