Granite Construction (GVA) Projected to Post Earnings on Thursday

Granite Construction (NYSE:GVA) is expected to post its Q2 2026 results before the market opens on Thursday, July 30th. Analysts expect the company to post earnings of $2.28 per share and revenue of $1.4120 billion for the quarter. Investors are encouraged to explore the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, July 30, 2026 at 11:00 AM ET.

Granite Construction (NYSE:GVA) last issued its earnings results on Thursday, April 30th. The construction company reported $0.26 EPS for the quarter, topping the consensus estimate of ($0.77) by $1.03. The company had revenue of $912.47 million for the quarter, compared to the consensus estimate of $782.26 million. Granite Construction had a net margin of 3.99% and a return on equity of 24.90%. The firm’s revenue for the quarter was up 30.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.01 earnings per share. On average, analysts expect Granite Construction to post $6 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Granite Construction Trading Down 3.1%

GVA traded down $3.79 during trading on Wednesday, hitting $117.52. 85,695 shares of the stock traded hands, compared to its average volume of 722,208. The firm has a market capitalization of $5.14 billion, a P/E ratio of 33.95 and a beta of 1.29. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.09 and a quick ratio of 0.97. The firm has a 50-day moving average of $137.50 and a 200 day moving average of $130.62. Granite Construction has a 12-month low of $89.80 and a 12-month high of $162.08.

Granite Construction Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were paid a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend was Tuesday, June 30th. Granite Construction’s dividend payout ratio is 14.99%.

Analysts Set New Price Targets

A number of analysts have recently weighed in on GVA shares. Weiss Ratings lowered shares of Granite Construction from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, July 21st. The Goldman Sachs Group reaffirmed a “sell” rating and set a $139.00 price target (down from $141.00) on shares of Granite Construction in a research report on Thursday, July 9th. Oppenheimer initiated coverage on Granite Construction in a research report on Thursday, May 28th. They issued an “outperform” rating and a $170.00 price objective on the stock. Zacks Research raised Granite Construction to a “hold” rating in a research note on Friday, May 29th. Finally, Wall Street Zen downgraded Granite Construction from a “buy” rating to a “hold” rating in a report on Saturday, July 18th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Granite Construction has an average rating of “Moderate Buy” and a consensus target price of $161.00.

Insider Buying and Selling at Granite Construction

In other news, SVP Bradley Jay Williams sold 6,734 shares of the stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $141.00, for a total value of $949,494.00. Following the completion of the transaction, the senior vice president owned 7,041 shares of the company’s stock, valued at approximately $992,781. This represents a 48.89% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Michael G. Tatusko sold 7,500 shares of the firm’s stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $141.00, for a total value of $1,057,500.00. Following the completion of the transaction, the senior vice president owned 29,787 shares of the company’s stock, valued at approximately $4,199,967. The trade was a 20.11% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.88% of the company’s stock.

Hedge Funds Weigh In On Granite Construction

A number of institutional investors have recently added to or reduced their stakes in GVA. Millennium Management LLC boosted its holdings in shares of Granite Construction by 8.9% during the 3rd quarter. Millennium Management LLC now owns 1,602,382 shares of the construction company’s stock valued at $175,701,000 after buying an additional 131,360 shares in the last quarter. Wasatch Advisors LP increased its stake in shares of Granite Construction by 12.4% in the 3rd quarter. Wasatch Advisors LP now owns 861,770 shares of the construction company’s stock worth $94,493,000 after acquiring an additional 94,902 shares in the last quarter. Cartenna Capital LP lifted its position in Granite Construction by 17.2% during the 4th quarter. Cartenna Capital LP now owns 715,000 shares of the construction company’s stock valued at $82,475,000 after acquiring an additional 105,000 shares during the period. Nuveen LLC lifted its position in Granite Construction by 9.4% during the 4th quarter. Nuveen LLC now owns 662,832 shares of the construction company’s stock valued at $76,458,000 after acquiring an additional 57,072 shares during the period. Finally, Qube Research & Technologies Ltd boosted its position in shares of Granite Construction by 87.5% in the 3rd quarter. Qube Research & Technologies Ltd now owns 556,054 shares of the construction company’s stock worth $60,971,000 after purchasing an additional 259,477 shares in the last quarter.

Granite Construction Company Profile

Granite Construction Inc is a publicly traded heavy civil contractor and construction materials producer based in Watsonville, California. The company specializes in delivering large-scale infrastructure projects for government and private clients, focusing on the development, rehabilitation and maintenance of transportation, water resource and industrial facilities. Its turnkey solutions span the full project lifecycle, from preconstruction and design-build to construction management and facilities maintenance.

In its construction segment, Granite undertakes highway and bridge building, airport runway and taxiway construction, marine terminal and port improvements, dam and reservoir projects, transit systems and underground utilities.