Granite Constr upgraded by DA Davidson with a new price target
$GVA
Military/Government/Technical
Industrials
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) today announced that its wholly owned subsidiary, Layne, A Granite Company, has been awarded an approximately $13 million contract by the Lewis and Clark Regional Water System (LCRWS) to construct two high-capacity horizontal collector wells within an existing wellfield adjacent to the Missouri River near Vermillion, South Dakota. The project is funded by federal and member sources and will be included in Granite's third quarter CAP. "This project exemplifies the breadth of our water supply construction capabilities, showcasing our expertise in delivering high-capacity water supply solutions in both groundwater and surface water environments," said Granite Vice Presiden
2025 guidance raised to reflect acquisitions of Warren Paving and Papich Construction businesses Record Committed and Awarded Projects ("CAP") (1) increased sequentially $324 million to $6.1 billion Q2 revenue increased 4% year-over-year to $1.13 billion Q2 diluted EPS increased 87% year-over-year to $1.42 and adjusted diluted EPS (2) increased 12% year-over-year to $1.93 Granite Construction Incorporated (NYSE:GVA) today announced results for the quarter ended June 30, 2025. Second Quarter 2025 Results Net income attributable to Granite totaled $72 million, or $1.42 per diluted share, compared to net income attributable to Granite of $37 million, or $0.76 per diluted share
Acquisitions strengthen and expand Granite's vertically-integrated home markets with the addition of aggregates quarries, asphalt plants and paving and civil construction operations Acquisitions increase Granite's aggregate reserves and resources by approximately 30% with the addition of more than 440 million tons and increase annual aggregate production by approximately 27% with the addition of over 5 million tons Warren Paving, a leading aggregates producer with an extensive barge network on the Mississippi River system, enhances Granite's Southeastern home market in Mississippi and the Gulf Coast regions of Louisiana and Alabama Papich Construction augments Granite's position i
4 - GRANITE CONSTRUCTION INC (0000861459) (Issuer)
4 - GRANITE CONSTRUCTION INC (0000861459) (Issuer)
4 - GRANITE CONSTRUCTION INC (0000861459) (Issuer)
4 - GRANITE CONSTRUCTION INC (0000861459) (Issuer)
DA Davidson upgraded Granite Constr from Neutral to Buy and set a new price target of $55.00 from $35.00 previously
10-Q - GRANITE CONSTRUCTION INC (0000861459) (Filer)
8-K - GRANITE CONSTRUCTION INC (0000861459) (Filer)
8-K - GRANITE CONSTRUCTION INC (0000861459) (Filer)
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
2025 guidance raised to reflect acquisitions of Warren Paving and Papich Construction businesses Record Committed and Awarded Projects ("CAP") (1) increased sequentially $324 million to $6.1 billion Q2 revenue increased 4% year-over-year to $1.13 billion Q2 diluted EPS increased 87% year-over-year to $1.42 and adjusted diluted EPS (2) increased 12% year-over-year to $1.93 Granite Construction Incorporated (NYSE:GVA) today announced results for the quarter ended June 30, 2025. Second Quarter 2025 Results Net income attributable to Granite totaled $72 million, or $1.42 per diluted share, compared to net income attributable to Granite of $37 million, or $0.76 per diluted share
Granite (NYSE:GVA) will release financial results for the quarter ended June 30, 2025, before market opens on Thursday, August 7, 2025. The Company will host an investor conference call at 8:00 a.m. PT, Thursday, August 7, 2025. 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 available after the live call through
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 July 15, 2025, to all shareholders of record at the close of business on June 30, 2025. 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-winning fi
SC 13G/A - GRANITE CONSTRUCTION INC (0000861459) (Subject)
SC 13G/A - GRANITE CONSTRUCTION INC (0000861459) (Subject)
SC 13G - GRANITE CONSTRUCTION INC (0000861459) (Subject)