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Upturn stock rating
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Granite Construction Incorporated (GVA)

Upturn stock rating
$102.52
Last Close (24-hour delay)
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PASS
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Upturn Stock info Stock price based on last close
*as per simulation
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Time period over
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Upturn Advisory Summary

11/03/2025: GVA (4-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Above Average Performance

These Stocks/ETFs, based on Upturn Advisory, frequently surpass the market, reflecting reliable and trustworthy advice.

Number of Analysts

rating

3 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $132

1 Year Target Price $132

Analysts Price Target For last 52 week
$132 Target price
52w Low $68.9
Current$102.52
52w High $112.03

Analysis of Past Performance

Type Stock
Historic Profit 83.36%
Avg. Invested days 76
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance 5.0
Stock Returns Performance Upturn Returns Performance 4.0
Upturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulation Last Close 11/03/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 4.49B USD
Price to earnings Ratio 30.79
1Y Target Price 132
Price to earnings Ratio 30.79
1Y Target Price 132
Volume (30-day avg) 3
Beta 1.4
52 Weeks Range 68.90 - 112.03
Updated Date 11/3/2025
52 Weeks Range 68.90 - 112.03
Updated Date 11/3/2025
Dividends yield (FY) 0.51%
Basic EPS (TTM) 3.33

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date 2025-10-30
When Before Market
Estimate 2.6
Actual -

Profitability

Profit Margin 3.89%
Operating Margin (TTM) 10.06%

Management Effectiveness

Return on Assets (TTM) 4.62%
Return on Equity (TTM) 17.42%

Valuation

Trailing PE 30.79
Forward PE 17.42
Enterprise Value 5084899927
Price to Sales(TTM) 1.1
Enterprise Value 5084899927
Price to Sales(TTM) 1.1
Enterprise Value to Revenue 1.25
Enterprise Value to EBITDA 12.47
Shares Outstanding 43786156
Shares Floating 43431050
Shares Outstanding 43786156
Shares Floating 43431050
Percent Insiders 1.1
Percent Institutions 116.84

ai summary icon Upturn AI SWOT

Granite Construction Incorporated

stock logo

Company Overview

overview logo History and Background

Granite Construction Incorporated was founded in 1922. It evolved from a small quarrying operation into one of the largest infrastructure contractors in the United States. Significant milestones include expansion into large-scale infrastructure projects, strategic acquisitions, and consistent adaptation to changing market demands.

business area logo Core Business Areas

  • Transportation: This segment focuses on the construction and rehabilitation of highways, roads, bridges, airports, and rail lines.
  • Water and Mineral Resources: This segment involves the construction of dams, reservoirs, canals, pipelines, and other water-related infrastructure, as well as mining and resource development projects.
  • Specialty: This segment contains activities that do not fit the other segments. These activities include tunnel construction and rehabilitation, and renewable energy projects.

leadership logo Leadership and Structure

Kyle Larkin is the President and Chief Executive Officer. The company operates with a regional structure under direct supervision of the CEO and his executive team and with operational management concentrated at the project level.

Top Products and Market Share

overview logo Key Offerings

  • Highways and Roads: Construction and maintenance of highway and road infrastructure. Market share is variable by region, competing with companies like Martin Marietta Materials and Vulcan Materials. Significant revenues are derived from public sector contracts.
  • Bridges and Structures: Building and repairing bridges and other large structures. Competitors include Flatiron Construction and Kiewit Corporation.
  • Water Infrastructure: Construction of dams, reservoirs, and water treatment facilities. Competitors include AECOM and Jacobs Engineering Group.

Market Dynamics

industry overview logo Industry Overview

The construction industry is experiencing growth, driven by increased infrastructure spending, particularly from government initiatives. Demand for infrastructure improvements and upgrades continues to be high.

Positioning

Granite Construction is a major player in the US infrastructure construction market, known for its expertise in complex projects and its strong relationships with public sector clients. It maintains a competitive advantage through its experience and diverse service offerings.

Total Addressable Market (TAM)

The infrastructure market is estimated to be in the hundreds of billions of dollars. Granite Construction is positioned to capture a portion of this market through its expertise and strategic partnerships.

Upturn SWOT Analysis

Strengths

  • Strong reputation and brand recognition
  • Extensive experience in complex infrastructure projects
  • Diversified service offerings across multiple sectors
  • Strong relationships with public sector clients
  • Experienced management team

Weaknesses

  • Project delays or cost overruns
  • Dependence on government funding and infrastructure spending
  • Fluctuations in material costs
  • Exposure to weather-related risks

Opportunities

  • Increased infrastructure spending by federal and state governments
  • Growing demand for sustainable infrastructure solutions
  • Expansion into new geographic markets
  • Strategic acquisitions to expand service offerings
  • Technological advancements and innovation in construction methods

Threats

  • Economic downturn and reduced infrastructure spending
  • Increased competition from other construction firms
  • Rising labor costs and labor shortages
  • Changes in government regulations and environmental policies
  • Supply chain disruptions

Competitors and Market Share

competitor logo Key Competitors

  • FLR
  • J
  • KSU

Competitive Landscape

Granite Construction competes on project execution, expertise, and relationships. Its advantages lie in its reputation, diversified service offerings, and strong public sector client base. Disadvantages include project-related risks and dependence on government funding.

Major Acquisitions

Layne Christensen Company's Heavy Civil Construction Business

  • Year: 2018
  • Acquisition Price (USD millions): 55
  • Strategic Rationale: Expanded Granite's heavy civil construction capabilities and geographic reach.

Growth Trajectory and Initiatives

Historical Growth: Granite Construction has experienced moderate growth over the past several years, driven by increased infrastructure spending.

Future Projections: Analysts project continued growth for Granite Construction, driven by government infrastructure plans and increasing demand for sustainable infrastructure solutions. Note that these are estimates and are subject to change.

Recent Initiatives: Recent initiatives include focusing on project selection, implementing new technologies, and expanding its geographic footprint.

Summary

Granite Construction is a leading infrastructure company with a strong reputation and diverse service offerings. Government infrastructure spending and a strategic approach to project selection position the company well for growth. However, dependence on government funding and project execution risks need to be carefully managed for continued success. Increased competition in the industry remains a factor to monitor.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company filings, financial news sources, industry reports, analyst estimates.

Disclaimers:

The data provided is for informational purposes only and should not be considered financial advice. Market conditions and company performance are subject to change. Always conduct thorough research before making investment decisions.

Upturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Granite Construction Incorporated

Exchange NYSE
Headquaters Watsonville, CA, United States
IPO Launch date 1990-04-20
President, CEO & Director Mr. Kyle T. Larkin
Sector Industrials
Industry Engineering & Construction
Full time employees 2300
Full time employees 2300

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 and site development, mining, public safety, tunnel, solar, battery 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 construction projects and sale to third parties. It also offers site preparation, mining, and infrastructure services for railways, residential development, energy development, and commercial and industrial sites; and provides construction management professional services. The company 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.