Granite Construction Incorporated Stock News

Granite Construction Incorporated ( GVA ) Q3 2025 Earnings Call November 6, 2025 11:00 AM EST Company Participants Michael Barker - Vice President of Investor Relations Kyle Larkin - President, CEO & Director Staci Woolsey - Executive VP & CFO Conference Call Participants Brent Thielman - D.A. Davidson & Co., Research Division Steven Ramsey - Thompson Research Group, LLC Michael Dudas - Vertica...

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE: GVA) today announced results for the quarter ended September 30, 2025. Third Quarter 2025 Results Net income attributable to Granite totaled $103 million, or $1.98 per diluted share, compared to net income attributable to Granite of $79 million, or $1.57 per diluted share, for the same period in the prior year. Adjusted net income attributabl...

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) announced its selection by the Illinois Department of Transportation (IDOT) for a Construction Manager/General Contractor (CM/GC) contract for the I-290 Drainage Improvements Project in Chicago, Illinois. This federally funded initiative will be included in Granite's third quarter CAP. The project includes the installation of 3.3 miles of...

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) has announced the award of a contract valued at approximately $70 million by the Tucson Airport Authority (TAA) for work at Tucson International Airport (TUS). This contract represents a significant development within TAA's estimated $400 million multi-year Airfield Safety Enhancement (ASE) Program. It is the fourth Guaranteed Maximum Pri...

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE: GVA) will release financial results for the quarter ended September 30, 2025, before market opens on Thursday, November 6, 2025. The Company will host an investor conference call at 8:00 a.m. PT, Thursday, November 6, 2025. The Company invites investors to listen to a live audio webcast of the investor conference call on its Investor Relation...

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) has begun construction of an approximately $138 million rehabilitation project, awarded by the Chicago Department of Transportation (CDOT) for the iconic Lake Street Bascule Bridge in Chicago, Illinois. The project received funding from CDOT and was added to Granite's first quarter CAP. Originally built in 1916, this landmark double-deck,...

Granite Construction is a leading U.S. civil works contractor with a balanced revenue mix from public and private infrastructure projects. GVA's vertical integration in materials boosts margins, and recent acquisitions position it for higher profitability and a potential business re-rating. Valuation analysis suggests GVA is undervalued relative to peers, with a three-year price target of $145 ...

Granite Construction continues to deliver strong revenue, profit, and cash flow growth, driven by both organic gains and strategic acquisitions. GVA's recent purchases of Warren Paving and Papich Construction are expected to significantly boost EBITDA, operating cash flow, and net income. Despite recent share appreciation, GVA remains undervalued compared to peers, offering substantial upside p...