Brokers Set Expectations for GVA Q1 Earnings

Granite Construction Incorporated (NYSE:GVA) – Investment analysts at DA Davidson issued their Q1 2025 earnings per share estimates for shares of Granite Construction in a research note issued to investors on Friday, February 14th. DA Davidson analyst B. Thielman forecasts that the construction company will post earnings of ($0.43) per share for the quarter. The consensus estimate for Granite Construction’s current full-year earnings is $4.98 per share. DA Davidson also issued estimates for Granite Construction’s FY2026 earnings at $6.97 EPS.

Granite Construction (NYSE:GVA) last announced its quarterly earnings results on Thursday, February 13th. The construction company reported $1.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.42 by ($0.19). The business had revenue of $977.30 million during the quarter. Granite Construction had a net margin of 2.80% and a return on equity of 19.04%. During the same quarter in the previous year, the business earned $0.82 earnings per share.

Granite Construction Price Performance

GVA stock opened at $86.77 on Monday. The stock’s 50 day moving average price is $90.01 and its 200 day moving average price is $84.90. The firm has a market cap of $3.79 billion, a P/E ratio of 39.80 and a beta of 1.42. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.46 and a current ratio of 1.56. Granite Construction has a 1 year low of $48.11 and a 1 year high of $105.20.

Granite Construction Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were given a $0.13 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $0.52 annualized dividend and a dividend yield of 0.60%. Granite Construction’s dividend payout ratio is currently 23.85%.

Institutional Trading of Granite Construction

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. HighTower Advisors LLC lifted its holdings in Granite Construction by 176.4% in the 3rd quarter. HighTower Advisors LLC now owns 15,092 shares of the construction company’s stock valued at $1,199,000 after purchasing an additional 9,631 shares in the last quarter. Fiduciary Financial Group LLC purchased a new position in shares of Granite Construction during the fourth quarter valued at approximately $545,000. Pacer Advisors Inc. acquired a new stake in Granite Construction during the fourth quarter worth approximately $92,154,000. RPg Family Wealth Advisory LLC acquired a new position in Granite Construction in the 3rd quarter valued at $4,163,000. Finally, Intech Investment Management LLC purchased a new position in shares of Granite Construction during the 3rd quarter worth $1,312,000.

About Granite Construction

Granite Construction Incorporated operates as an infrastructure contractor in the United States. It operates through two segments: Construction and Materials segments. The Construction segment engages in the construction and rehabilitation of roads, pavement preservation, bridges, rail lines, airports, marine ports, dams, reservoirs, aqueducts, infrastructure, and site development for use by the public and water-related construction for municipal agencies, commercial water suppliers, industrial facilities, and energy companies; and construction of various complex projects, including infrastructure/site development, mining, public safety, tunnel, solar storage, and power related projects.