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Granite (NYSE:GVA) today announced that its Board of Directors has declared a quarterly cash dividend of $0.13 per common share. The dividend is payable on January 15, 2025, to all shareholders of record at the close of business on December 31, 2024. About Granite Granite is America's Infrastructure Company™. Incorporated since 1922, Granite (NYSE:GVA) is one of the largest diversified construction and construction materials companies in the United States as well as a full-suite civil construction provider. Granite's Code of Conduct and strong Core Values guide the Company and its employees to uphold the highest ethical standards. Granite is an industry leader in safety and an award-win
Q3 revenue increased 14% year-over-year to $1.3 billion Q3 diluted EPS of $1.57 and adjusted diluted EPS (1) of $2.05, compared to $1.13 and $1.72 in the prior year, respectively Record Committed and Awarded Projects ("CAP") (2) of $5.6 billion, a sequential increase of $44 million Year-to-date operating cash flow increased $249 million year-over-year Expanded southeast home market with acquisition of Dickerson & Bowen, Inc. Granite Construction Incorporated (NYSE:GVA) today announced results for the quarter ended September 30, 2024. Third Quarter 2024 Results Net income attributable to Granite Construction Incorporated totaled $79 million, or $1.57 per diluted share, compared
Granite Construction Incorporated (NYSE:GVA) will release financial results for the quarter ended September 30, 2024, before market opens on Thursday, October 31, 2024. The Company will host an investor conference call at 8:00 a.m. PT, Thursday, October 31, 2024. The Company invites investors to listen to a live audio webcast of the investor conference call on its Investor Relations website, investor.graniteconstruction.com. The investor conference call will also be available by calling 1-877-328-5503; international callers may dial 1-412-317-5472. An archive of the webcast will be available on Granite's Investor Relations website approximately one hour after the call. A replay will be ava
Granite (NYSE:GVA) Vice President of Operational Excellence, Pat Kelly, has been elected president of the Associated General Contractors (AGC) of California for the year 2025. This appointment recognizes Pat's extensive experience and dedication to the construction industry. Pat Kelly, who has been with Granite for more than four decades, has held various leadership roles within the company, demonstrating exceptional commitment to excellence and innovation. As president of AGC of California, Kelly will lead the organization in its mission to advocate for the construction industry, promote best practices, and support the professional development of its members. "We are excited to welcome
Granite (NYSE:GVA) today announced that its Board of Directors has declared a quarterly cash dividend of $0.13 per common share. The dividend is payable on January 15, 2025, to all shareholders of record at the close of business on December 31, 2024. About Granite Granite is America's Infrastructure Company™. Incorporated since 1922, Granite (NYSE:GVA) is one of the largest diversified construction and construction materials companies in the United States as well as a full-suite civil construction provider. Granite's Code of Conduct and strong Core Values guide the Company and its employees to uphold the highest ethical standards. Granite is an industry leader in safety and an award-win
Granite (NYSE:GVA) has been listed by Newsweek as one of America's Most Responsible Companies in 2025. Newsweek and Statista Inc., the world-leading statistics portal and industry ranking provider, present this award to recognize companies for their commitment to doing the right thing for people, the planet, and their communities. This list highlights companies that excel in corporate responsibility, sustainability, and ethical practices. The initial analysis focused on the top 2,000 public companies by revenue, banks and insurance companies with total assets exceeding $50 billion. Being named as one of America's Most Responsible Companies reflects Granite's commitment to making a positiv
DA Davidson upgraded Granite Constr from Neutral to Buy and set a new price target of $55.00 from $35.00 previously
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Granite (NYSE:GVA) announced today that District Vice President Ian Firth has been appointed to the National Asphalt Pavement Association's (NAPA) Advisory Council West Region as an at large member. NAPA is the only national trade association representing the asphalt industry and works to advance the asphalt pavement industry through leadership, training, and advocacy. This includes supporting member companies on issues including engineering, health and safety, workforce development, and more. The Advisory Council is charged with enhancing advocacy for the asphalt industry and supporting the active engagement of all the member companies. The regional structure of the council ensures repre
Acquisition expands Granite's footprint and creates a new platform for growth in the attractive greater Memphis metropolitan market Revising 2024 financial targets to reflect the acquisition Granite Construction Incorporated (NYSE:GVA) today announced the acquisition of Lehman-Roberts Company ("LRC") and Memphis Stone & Gravel Company ("MSG"), longstanding asphalt paving and asphalt and aggregates producers and suppliers. This acquisition expands Granite's footprint and creates a new growth platform for Granite in the attractive Memphis metropolitan market. LRC operates seven strategically located asphalt plants serving the greater Memphis area and northern Mississippi. MSG operates
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite’s (NYSE:GVA) board of directors has appointed three new directors and has elected Michael F. McNally as its new board chair. Mr. McNally has served on the board since 2016. The board also promoted Kyle T. Larkin to president and chief executive officer. At the conclusion of Granite’s Annual Meeting of Shareholders held on June 2, 2021, former board chair, Claes G. Bjork, retired from the board. Louis E. Caldera, former United States Secretary of the Army, Laurie M. Mullen, retired partner at KPMG LLP, and Kyle T. Larkin have joined Granite’s board of directors, effective Thursday, June 3, 2021. These appointments and retirement will i