Granite Construction (GVA) to Announce Earnings on Thursday

Granite Construction (NYSE:GVA) is expected to be announcing its Q2 2026 results before the market opens on Thursday, July 30th. Analysts expect Granite Construction to announce earnings of $2.28 per share and revenue of $1.4120 billion for the quarter. Parties may review the information on the company’s upcoming Q2 2026 earning summary 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 quarterly earnings data on Thursday, April 30th. The construction company reported $0.26 EPS for the quarter, beating the consensus estimate of ($0.77) by $1.03. Granite Construction had a return on equity of 24.90% and a net margin of 3.99%.The firm had revenue of $912.47 million during the quarter, compared to analyst estimates of $782.26 million. During the same quarter in the prior year, the business posted $0.01 EPS. The business’s revenue for the quarter was up 30.4% compared to the same quarter last year. 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 Price Performance

Shares of Granite Construction stock traded down $3.17 on Tuesday, hitting $122.34. The company’s stock had a trading volume of 168,362 shares, compared to its average volume of 721,836. The firm has a fifty day moving average price of $137.73 and a 200-day moving average price of $130.61. Granite Construction has a 1 year low of $89.80 and a 1 year high of $162.08. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.97 and a current ratio of 1.09. The company has a market capitalization of $5.35 billion, a price-to-earnings ratio of 35.22 and a beta of 1.29.

Granite Construction Announces Dividend

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

Insider Activity at Granite Construction

In other news, Director John Timothy Romer bought 375 shares of Granite Construction stock in a transaction on Monday, June 15th. The shares were bought at an average cost of $143.65 per share, for a total transaction of $53,868.75. Following the acquisition, the director owned 2,801 shares in the company, valued at approximately $402,363.65. This trade represents a 15.46% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, SVP Michael G. Tatusko sold 7,500 shares of the business’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 transaction of $1,057,500.00. Following the completion of the transaction, the senior vice president directly owned 29,787 shares of the company’s stock, valued at approximately $4,199,967. This represents a 20.11% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.88% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Granite Construction

Several large investors have recently added to or reduced their stakes in the business. Aster Capital Management DIFC Ltd increased its stake in shares of Granite Construction by 512.8% during the 4th quarter. Aster Capital Management DIFC Ltd now owns 239 shares of the construction company’s stock valued at $28,000 after acquiring an additional 200 shares during the last quarter. Quarry LP increased its position in Granite Construction by 1,417.6% during the third quarter. Quarry LP now owns 516 shares of the construction company’s stock worth $57,000 after purchasing an additional 482 shares during the last quarter. Danske Bank A S acquired a new position in Granite Construction during the third quarter worth approximately $77,000. Glenmede Investment Management LP purchased a new position in Granite Construction during the third quarter worth approximately $206,000. Finally, United Services Automobile Association acquired a new position in Granite Construction in the first quarter valued at $207,000.

Analyst Ratings Changes

A number of equities research analysts have weighed in on GVA shares. Stephens started coverage on Granite Construction in a report on Friday, June 26th. They issued an “overweight” rating and a $180.00 price objective on the stock. Wall Street Zen lowered Granite Construction from a “buy” rating to a “hold” rating in a report on Saturday, July 18th. The Goldman Sachs Group reiterated a “sell” rating and issued a $139.00 price objective (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 report on Thursday, May 28th. They issued an “outperform” rating and a $170.00 target price for the company. Finally, Zacks Research raised shares of Granite Construction to a “hold” rating in a research note on Friday, May 29th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $161.00.

About Granite Construction

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.