DA Davidson upgraded Granite Constr from Neutral to Buy and set a new price target of $55.00 from $35.00 previously
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
Granite (NYSE:GVA) announced Lehman-Roberts, a Granite company, has been selected as a subcontractor by Dement Construction Company, LLC on a project for the Tennessee Department of Transportation (TDOT) in the ongoing infrastructure upgrade project where Interstate 22 terminates into State Route 4 (SR 4) and U.S. Route 78 (US 78) southeast of downtown Memphis. Funded by Federal and TDOT funds, Lehman-Roberts' portion of the contract is approximately $21 million and will be included in Granite's second-quarter CAP.Phase 2, the project's current phase, involves the addition of extra lanes and overpasses spanning approximately two miles to relieve daily traffic congestion and improve overall t
Project funding comes from the City of Salinas and will be included in Granite's second-quarter CAP. The project is expected to begin in Q3 2024 and be completed in the Fall of 2025.
Granite Construction Incorporated (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 October 15, 2024, to all shareholders of record at the close of business on September 30, 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 i
Granite (NYSE:GVA) has been awarded an approximately $65 million contract by the Utah Department of Transportation (UDOT) to commence Phase 2 of the SR-30 Improvement Project in Logan, Utah. Project funding will come from UDOT and Federal funds and was included in Granite's second-quarter CAP. "This project is a strategic win for Granite as it strengthens our ongoing relationship with UDOT," said Jason Klaumann, Granite Vice President of Regional Operations. "The successful completion of Phase 1 in 2023 positioned us as the low bidder for Phase 2, ensuring our structures, pipe, and earthwork crews will remain engaged through late 2024 and most of the 2025 season. Our team is excited to con
Granite (NYSE:GVA) is proud to announce its role as Construction Manager at Risk (CMAR) of the Arlington Avenue Bridges Replacement Project, a transformative initiative aimed at replacing the two structurally deficient bridges that cross the Truckee River in the Riverwalk District of downtown Reno, Nevada. The approximately $32 million project was awarded by the Regional Transportation Commission (RTC) of Washoe County and is funded by federal and local fuel tax funds. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240903711325/en/Granite proudly announces the groundbreaking on the Arlington Avenue Bridges Replacement project in
SC 13G - GRANITE CONSTRUCTION INC (0000861459) (Subject)
SC 13G/A - GRANITE CONSTRUCTION INC (0000861459) (Subject)
SC 13G/A - GRANITE CONSTRUCTION INC (0000861459) (Subject)
4 - GRANITE CONSTRUCTION INC (0000861459) (Issuer)
4 - GRANITE CONSTRUCTION INC (0000861459) (Issuer)
4 - GRANITE CONSTRUCTION INC (0000861459) (Issuer)
Granite Construction Incorporated (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 October 15, 2024, to all shareholders of record at the close of business on September 30, 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 i
Acquisition adds three sand and gravel pits and four asphalt plants to Granite's southeast home market, extending footprint to serve central and southern Mississippi. Granite Construction Incorporated (NYSE:GVA) today announced it has completed the acquisition of Dickerson & Bowen, Inc. ("D&B"), a leading regional aggregates, asphalt, and highway construction company serving central and southern Mississippi. The acquisition is a highly complementary bolt-on to the company's 2023 acquisition of Lehman-Roberts Company / Memphis Stone & Gravel (LRC / MSG), and it builds on Granite's footprint in the Southeast serving as a growth platform in the attractive Memphis metropolitan and Mississippi
Q2 revenue increased 20% year-over-year to $1.1 billion Q2 diluted EPS of $0.76 and adjusted diluted EPS (1) of $1.73 Committed and Awarded Projects ("CAP") (2) of $5.6 billion, a sequential increase of $77 million Entered into an agreement, subject to customary closing conditions, to acquire Dickerson & Bowen, Inc., a leading regional aggregates, asphalt, and highway construction company serving central and southern Mississippi Granite Construction Incorporated (NYSE:GVA) today announced results for the quarter ended June 30, 2024 and the agreement to acquire Dickerson & Bowen, Inc., subject to customary closing conditions. Second Quarter 2024 Results Net income attributab
8-K - GRANITE CONSTRUCTION INC (0000861459) (Filer)
10-Q - GRANITE CONSTRUCTION INC (0000861459) (Filer)
8-K - GRANITE CONSTRUCTION INC (0000861459) (Filer)