Granite Construction Inc's fundamentals are relatively healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 2/42 in the Construction & Engineering industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 130.20.In the medium term, the stock price is expected to remain stable.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Granite Construction Inc's Score
Industry at a Glance
Industry Ranking
2 / 42
Overall Ranking
38 / 4587
Industry
Construction & Engineering
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
4
analysts
Buy
Current Rating
130.200
Target Price
+20.31%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Granite Construction Inc Highlights
StrengthsRisks
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.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 21.40% year-on-year.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 4.01B.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 18.24%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 18.24%.
Undervalued
The company’s latest PE is 27.28, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 51.03M shares, decreasing 5.51% quarter-over-quarter.
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.
Ticker SymbolGVA
CompanyGranite Construction Inc
CEOLarkin (Kyle T)
Websitehttps://www.graniteconstruction.com/
FAQs
What is the current price of Granite Construction Inc (GVA)?
The current price of Granite Construction Inc (GVA) is 113.760.
What is the symbol of Granite Construction Inc?
The ticker symbol of Granite Construction Inc is GVA.
What is the 52-week high of Granite Construction Inc?
The 52-week high of Granite Construction Inc is 117.120.
What is the 52-week low of Granite Construction Inc?
The 52-week low of Granite Construction Inc is 69.080.
What is the market capitalization of Granite Construction Inc?
The market capitalization of Granite Construction Inc is 4.98B.
What is the net income of Granite Construction Inc?
The net income of Granite Construction Inc is 126.35M.
Is Granite Construction Inc (GVA) currently rated as Buy, Hold, or Sell?
According to analysts, Granite Construction Inc (GVA) has an overall rating of Buy, with a price target of 130.200.
What is the Earnings Per Share (EPS TTM) of Granite Construction Inc (GVA)?
The Earnings Per Share (EPS TTM) of Granite Construction Inc (GVA) is 4.178.