Granite Construction Incorporated (GVA) Stock Price & Analysis
Granite Construction Incorporated (GVA) closed at USD 107.45 on Thursday, October 22, 2026, down 2.08% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 109.73; the Oct 22, 2026 session ranged USD 106.77–108.6 on volume of 515,801 shares. Market capitalization is $4.77B, with a 52-week range of USD 97.26–162.08 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 10:01 UTC.
Also available as compact Markdown for AI agents: nexqual.com/GVA.md
Key facts (GVA)
- Last four reported quarters (through Jun 30, 2026): revenue $4.97B, net income -$165M (-3.3% margin), free cash flow $472M (SEC filings).
- Insider open-market sales, last ~7 months: 2 Form 4 filings, $2.0M; 2 not under a Rule 10b5-1 plan ($2.0M); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Insider open-market purchases, last ~7 months: 2 Form 4 filings, $157K; 0 by opportunistic insiders, 0 by routine insiders.
- Total return with dividends: 1Y +4.3% vs S&P 500 +14.9%; 5Y +184.7% vs S&P 500 +80.3%.
- Next earnings: 2026-10-29, EPS estimate USD 3.33, revenue estimate $1.70B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (GVA)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $3.50B | $3.30B | $3.51B | $4.01B | $4.42B | $4.97B |
| Gross profit | $363M | $369M | $396M | $573M | $711M | — |
| Operating income | $24.7M | $85.4M | $80.1M | $207M | $282M | $314M |
| Net income | $10.1M | $83.3M | $43.6M | $126M | $193M | -$165M |
| EPS (diluted) | $0.21 | $1.70 | $0.97 | $2.62 | $3.86 | — |
| Free cash flow | -$72.9M | -$66.0M | $43.3M | $320M | $331M | $472M |
| Gross margin | 10.4% | 11.2% | 11.3% | 14.3% | 16.1% | — |
| Operating margin | 0.7% | 2.6% | 2.3% | 5.2% | 6.4% | 6.3% |
| Net margin | 0.3% | 2.5% | 1.2% | 3.2% | 4.4% | -3.3% |
| Revenue growth | -1.7% | -5.7% | +6.3% | +14.2% | +10.4% | — |
| Cash + short-term investments | $396M | $333M | $454M | $586M | $600M | — |
| Total debt | $340M | $288M | $655M | $739M | $1.34B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (GVA)
P/S 1.0x · EV/EBITDA 10.9x · EV/Sales 1.1x · P/FCF 10.1x · P/B 6.3x · FCF yield 9.89% · Earnings yield -3.45% · Dividend yield (paid, TTM) 0.48% · Buyback yield (TTM) 1.08% · Net debt $645M · EV $5.42B
P/E at fiscal year-ends: Dec 2025 31.8x, Dec 2024 36.5x, Dec 2023 61.3x.
Insider sales (SEC Form 4, open-market, last ~7 months) (GVA)
0 of 2 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-06-08 | Tatusko Michael G | Senior Vice President | 7,500 | $1.1M | 17.5% | No | Too little history (no open-market trades in 2023) |
| 2026-06-08 | Williams Bradley Jay | Senior Vice President | 6,734 | $949K | 30.6% | No | Too little history (no open-market trades in 2023) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Insider purchases (SEC Form 4, open-market, last ~7 months) (GVA)
2 purchases, $157K. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-08-06 | Hernandez Carlos M | Director | 400 | $50K | 123.99 | Too little history (no open-market trades in 2023–2025) |
| 2026-06-12…2026-06-15 | Romer John Timothy | Director | 750 | $107K | 142.72 | Too little history (no open-market trades in 2023–2025) |
Analysts (GVA)
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-07-31 | Goldman Sachs | Target lowered | Sell | $139 → $119 |
| 2026-07-31 | Oppenheimer | Target raised | Outperform | $170 → $180 |
| 2026-07-09 | Goldman Sachs | Downgrade | Neutral → Sell | $141 → $139 |
| 2026-06-26 | Stephens & Co. | Initiated | Overweight | $180 |
Total return (dividends reinvested) (GVA)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +4.3% | +184.7% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +4.3% | +23.2% |
| Volatility (annualized) | 33.1% | 33.6% |
| Max drawdown | -32.9% (Jun 2026→Oct 2026) | -39.3% (Nov 2021→Sep 2022) |
GVA revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Construction | $1.21B | 82.9% | +28.8% |
| Materials | $248.4M | 17.1% | +31.7% |
| Total revenue | $1.46B | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
GVA analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $3.33 | $3.21 | +3.7% | $1.70B | 5 |
| Next quarter (ends Dec 2026) | $1.51 | $1.39 | +8.6% | $1.33B | 5 |
| Current fiscal year (ends Dec 2026) | $7.03 | $6.74 | +4.3% | $5.40B | 6 |
| Next fiscal year (ends Dec 2027) | $7.95 | $7.64 | +4.1% | $5.91B | 6 |
Key Statistics (as of October 23, 2026 at 10:01 UTC)
| Price | USD 107.45 |
|---|---|
| Change | ▼ 2.08% (down) |
| Previous Close | USD 109.73 |
| Open | USD 109 |
| Day Range | USD 106.77 – 108.6 |
| 52-Week Range | USD 97.26 – 162.08 |
| Volume | 515,801 shares |
| Market Cap | $4.77B |
| Exchange | NYQ |
Technical Analysis (GVA)
Nexqual's technical model rates GVA "SELL" based on 1 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 10:01 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 35.92 (neutral) |
| vs SMA50 | Below (USD 117.18) |
| MACD | -2.42 (negative) |
Earnings (GVA)
| Next Earnings Date | 2026-10-29 |
|---|---|
| EPS Estimate | USD 3.33 |
| Revenue Estimate | $1.70B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 2.16 vs est 2.33 ▼ miss |
| 2026-03-31 | USD 0.26 vs est -0.61 ▲ beat |
| 2025-12-31 | USD 1.4 vs est 1.38 ▲ beat |
| 2025-09-30 | USD 2.7 vs est 2.5 ▲ beat |
Source: Nexqual, October 23, 2026 at 10:01 UTC.
Financials & Fundamentals (GVA)
| Total Revenue | $4.97B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +29.30% |
| Gross Margin | +15.64% |
| Operating Margin | +9.00% |
| Profit Margin | -3.32% |
| ROE | -14.55% |
| Debt / Equity | 2.15 |
| Current Ratio | 1.01 |
| Total Cash | $1.05B |
| Total Debt | $1.73B |
Source: Nexqual, October 23, 2026 at 10:01 UTC.
Ownership (GVA)
| Insider Ownership | +0.93% |
|---|---|
| Institutional Ownership | +112.68% |
| Shares Outstanding | 44.43M |
| Float | 43.42M |
| Short % of Float | +14.16% |
Source: Nexqual, October 23, 2026 at 10:01 UTC.
Leadership (GVA)
Granite Construction Incorporated is led by Kyle T. Larkin, President, CEO & Director, per Nexqual as of October 23, 2026 at 10:01 UTC.
| President, CEO & Director | Kyle T. Larkin |
|---|---|
| Executive VP & CFO | Staci M. Woolsey |
| Senior Vice President of Construction | Brian A. Dowd |
| Senior Vice President of Construction | Michael G. Tatusko |
| Senior Vice President of Construction | Bradley J. Williams |
Major Backers & Investors (GVA)
Notable institutional backers of Granite Construction Incorporated include FMR, LLC, First TRT Exch-Trd Fd. VI-First TRT RBA American Industrial Renaissanc, Fidelity, according to Nexqual as of October 23, 2026 at 10:01 UTC.
Active Investors
| Investor | Stake |
|---|---|
| FMR, LLC | 13.04% |
| First TRT Exch-Trd Fd. VI-First TRT RBA American Industrial Renaissanc | 4.23% |
| Fidelity | 3.52% |
| First Trust Advisors LP | 3.02% |
| Frontier Capital Management Company LLC | 2.56% |
| Hill City Capital, Lp | 2.54% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 15.69% |
| Vanguard Group | 10.08% |
| State Street | 5.32% |
| Geode Capital | 2.91% |
Source: Nexqual, October 23, 2026 at 10:01 UTC.
From Granite Construction Incorporated's Latest SEC 10-K Filing (filed 2026-02-13)
Key Strengths & Strategy (as disclosed to the SEC)
- We are one of the largest diversified, vertically integrated civil contractors and construction materials producers in the United States.
- Revenue recognized from contracts with Caltrans during the years ended December 31, 2025, 2024 and 2023 represented $446.6 million (10.1% of total revenue), $567.6 million (14.2% of total revenue) and $458.2 million (13.1% of total revenue), respectively, which was primarily in the Construction segment.
- Approximately $3.0 billion of the December 31, 2025 unearned revenue is expected to be completed during 2026.
- We own and lease aggregate reserves, and we own processing plants that are vertically integrated into our construction operations.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| AGX | Argan, Inc. | USD 330.3 | ▼ 4.5% |
| ROAD | Construction Partners, Inc. | USD 83.93 | ▼ 1.19% |
| KBR | KBR, Inc. | USD 39.53 | ▲ 5.95% |
| ECG | Everus Construction Group, Inc. | USD 97.05 | ▼ 8.44% |
| MYRG | MYR Group, Inc. | USD 254.97 | ▼ 7.35% |
| FLR | Fluor Corporation | USD 43.42 | ▼ 6.44% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 10:01 UTC. This page is informational and not investment advice.
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