Granite Construction (GVA) Set to Post Quarterly Earnings on Thursday

Granite Construction (NYSE:GVA) is expected to issue its Q3 2026 results before the market opens on Thursday, October 29th. Analysts expect Granite Construction to announce earnings of $3.27 per share and revenue of $1.70 billion for the quarter. Parties may review the information on the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Thursday, October 29, 2026 at 11:00 AM ET.

Granite Construction (NYSE:GVA) last released its earnings results on Thursday, July 30th. The construction company reported $2.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.25 by ($0.09). Granite Construction had a positive return on equity of 27.83% and a negative net margin of 3.32%. The company had revenue of $1.46 billion during the quarter, compared to analyst estimates of $1.41 billion. During the same period in the prior year, the business posted $1.42 earnings per share. Granite Construction’s revenue was up 28.8% on a year-over-year basis. On average, analysts expect Granite Construction to post $6.36 EPS for the current fiscal year and $8.24 EPS for the next fiscal year.

Granite Construction Price Performance

Granite Construction stock opened at $109.55 on Thursday. Granite Construction has a 1 year low of $97.26 and a 1 year high of $162.08. The firm has a 50 day moving average price of $117.43 and a 200 day moving average price of $127.71. The company has a market cap of $4.79 billion, a price-to-earnings ratio of -25.42 and a beta of 1.34. The company has a debt-to-equity ratio of 1.46, a quick ratio of 0.94 and a current ratio of 1.01.

Granite Construction Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th were paid a dividend of $0.13 per share. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $0.52 dividend on an annualized basis and a yield of 0.5%. Granite Construction’s dividend payout ratio (DPR) is currently -12.06%.

Insider Buying and Selling at Granite Construction

In other news, Director Carlos M. Hernandez bought 400 shares of the firm’s stock in a transaction dated Thursday, August 6th. The stock was acquired at an average price of $123.99 per share, for a total transaction of $49,596.00. Following the acquisition, the director owned 5,033 shares of the company’s stock, valued at $624,041.67. This trade represents a 8.63% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 0.88% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. Stephens initiated coverage on shares of Granite Construction in a report on Friday, June 26th. They issued an “overweight” rating and a $180.00 price target on the stock. Wall Street Zen cut shares of Granite Construction from a “buy” rating to a “hold” rating in a research note on Saturday, July 18th. Oppenheimer upped their price objective on Granite Construction from $170.00 to $180.00 and gave the stock an “outperform” rating in a report on Friday, July 31st. The Goldman Sachs Group dropped their price objective on Granite Construction from $139.00 to $119.00 and set a “sell” rating for the company in a report on Friday, July 31st. Finally, Weiss Ratings lowered Granite Construction from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, September 2nd. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, one has given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $158.50.

About Granite Construction

Granite Construction Incorporated (NYSE:GVA) is an infrastructure construction company that provides engineering, construction and rehabilitation services for public and private-sector clients. The company’s work supports transportation, water and other essential infrastructure projects across the United States.

Granite’s transportation activities include the construction and maintenance of highways, roads, bridges, airports, rail systems and other transit facilities. Its water-related services include the development and improvement of water treatment and distribution systems, wastewater facilities, dams, pipelines and related infrastructure.