Granite Construction Incorporated is an engineering & construction business based in the US. Granite Construction Incorporated shares (GVA) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $98.21 – an increase of 2.72% over the previous week. Granite Construction Incorporated employs 2,100 staff and has a trailing 12-month revenue of around $4 billion.
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| Latest market close | $98.21 |
|---|---|
| 52-week range | $43.66 - $99.72 |
| 50-day moving average | $85.05 |
| 200-day moving average | $66.82 |
| Wall St. target price | $95.75 |
| PE ratio | 42.072 |
| Dividend yield | $0.52 (0.53%) |
| Earnings per share (TTM) | $2.36 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $97.25 from 2024-11-20
| 1 week (2024-11-15) | 1.72% |
|---|---|
| 1 month (2024-10-23) | 17.71% |
| 3 months (2024-08-22) | 35.71% |
| 6 months (2024-05-22) | 56.33% |
| 1 year (2023-11-22) | 113.03% |
|---|---|
| 2 years (2022-11-22) | 180.97% |
| 3 years (2021-11-22) | 139.44% |
| 5 years (2019-11-22) | 304.13% |
Valuing Granite Construction Incorporated stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Granite Construction Incorporated's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Granite Construction Incorporated's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 42x. In other words, Granite Construction Incorporated shares trade at around 42x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Granite Construction Incorporated's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 5.56. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Granite Construction Incorporated's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Granite Construction Incorporated's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $241.3 million.
The EBITDA is a measure of a Granite Construction Incorporated's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $4 billion |
|---|---|
| Operating margin TTM | 8.06% |
| Gross profit TTM | $369.5 million |
| Return on assets TTM | 2.67% |
| Return on equity TTM | 11.09% |
| Profit margin | 2.8% |
| Book value | $23.04 |
| Market Capitalization | $4.3 billion |
TTM: trailing 12 months
Dividend payout ratio: 14.33% of net profits
Recently Granite Construction Incorporated has paid out, on average, around 0% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Granite Construction Incorporated shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Granite Construction Incorporated's case, that would currently equate to about $0.52 per share.
While Granite Construction Incorporated's payout ratio might seem low, this can signify that Granite Construction Incorporated is investing more in its future growth.
Granite Construction Incorporated's most recent dividend payout was on 14 October 2024. The latest dividend was paid out to all shareholders who bought their shares by 29 September 2024 (the "ex-dividend date").
Granite Construction Incorporated's shares were split on a 3:2 basis on 15 April 2001 . So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Granite Construction Incorporated shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for Granite Construction Incorporated shares which in turn could have impacted Granite Construction Incorporated's share price.
Over the last 12 months, Granite Construction Incorporated's shares have ranged in value from as little as $43.6551 up to $99.72. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Granite Construction Incorporated's is 1.402. This would suggest that Granite Construction Incorporated's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
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. The Materials segment is involved in the production of aggregates, asphalt concrete, liquid asphalt, and recycled materials production for internal use in our construction projects and sale to third parties. It also offers site preparation, mining, and infrastructure services for residential development, energy development, commercial and industrial sites, railways, residential development, and energy development; and provides construction management professional services. It serves federal agencies, state departments of transportation, local transit authorities, county and city public works departments, school districts and developers, utilities, contractors, landscapers, manufacturers of products requiring aggregate materials, retailers, homeowners, farmers, brokers, and private owners of industrial, commercial, and residential sites. Granite Construction Incorporated was incorporated in 1922 and is headquartered in Watsonville, California.
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