Granite Construction (NYSE: GVA) has recently received a number of price target changes and ratings updates:
- 7/9/2026 – Granite Construction had its “sell” rating reaffirmed by The Goldman Sachs Group, Inc.. They now have a $139.00 price target on the stock, down from $141.00.
- 7/6/2026 – Granite Construction was upgraded by Weiss Ratings from “hold (c)” to “hold (c+)”.
- 6/27/2026 – Granite Construction was upgraded by Wall Street Zen from “hold” to “buy”.
- 6/26/2026 – Granite Construction is now covered by Stephens. They set an “overweight” rating and a $180.00 price target on the stock.
- 6/25/2026 – Granite Construction was upgraded by Stephens to “strong-buy”.
- 6/18/2026 – Granite Construction was downgraded by Weiss Ratings from “hold (c+)” to “hold (c)”.
- 5/30/2026 – Granite Construction was downgraded by Wall Street Zen from “buy” to “hold”.
- 5/29/2026 – Granite Construction was upgraded by Zacks Research to “hold”.
- 5/28/2026 – Granite Construction is now covered by Oppenheimer Holdings, Inc.. They set an “outperform” rating and a $170.00 price target on the stock.
Granite Construction Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be issued a $0.13 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $0.52 annualized dividend and a yield of 0.4%. Granite Construction’s dividend payout ratio (DPR) is 14.99%.
Insider Transactions at Granite Construction
In related news, SVP Michael G. Tatusko sold 7,500 shares of the firm’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $141.00, for a total transaction of $1,057,500.00. Following the sale, the senior vice president owned 29,787 shares of the company’s stock, valued at approximately $4,199,967. This trade represents a 20.11% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director John Timothy Romer bought 375 shares of Granite Construction stock in a transaction on Monday, June 15th. The shares were acquired at an average price of $143.65 per share, for a total transaction of $53,868.75. Following the completion of the acquisition, the director owned 2,801 shares of the company’s stock, valued at approximately $402,363.65. This represents a 15.46% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders own 0.88% of the company’s stock.
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.
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