Granite Construction continues to deliver strong growth and remains attractively valued, outperforming the S&P 500 since my initial 'buy' rating. Recent results show revenue growth across both segments, with private sector strength and successful acquisitions fueling expansion despite a slight dip in profitability. Management projects robust organic growth, ongoing acquisitions, and margin improvements, targeting significant EBITDA and cash flow increases by 2027.
Infrastructure spending is booming lately. Read on to find out which among TPC and GVA is gaining more.
GVA's steady growth, strong CAP and attractive valuation signal a favorable entry point for investors.
Here is how Granite Construction (GVA) and Trane Technologies (TT) have performed compared to their sector so far this year.
GVA wins $26-million contract to upgrade SFO's Taxiway Z and a section of Taxiway S, enhancing safety, lighting, drainage and pavement.
Granite Construction (GVA) could produce exceptional returns because of its solid growth attributes.
GVA boosts CAP growth with new contract win from the Alaska Department of Transportation and Public Facilities. Dive in for details.
Granite Construction (GVA) possesses solid growth attributes, which could help it handily outperform the market.
Granite Construction Incorporated (NYSE:GVA ) Q1 2025 Earnings Conference Call May 1, 2025 11:00 AM ET Company Participants Mike Barker - Vice President of Investor Relations Kyle Larkin - President and Chief Executive Officer Staci Woolsey - Executive Vice President and Chief Financial Officer Conference Call Participants Brent Thielman - D.A. Davidson Steven Ramsey - Thompson Research Group Michael Dudas - Vertical Research Jerry Revich - Goldman Sachs Operator Good morning.
Granite Construction remains a 'buy' due to its strong financial performance, attractive valuation, and management's optimistic outlook for 2025, despite the recent stock price decline. The company's revenue grew 14.2% in 2024, driven by acquisitions and higher sales prices, with significant growth in both the Materials and Construction segments. Management expects 2025 revenue to rise to $4.2-$4.4 billion and EBITDA margins to improve, indicating continued profitability and cash flow growth.
WATSONVILLE, Calif.--(BUSINESS WIRE)--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 April 15, 2025, to all shareholders of record at the close of business on March 31, 2025. About Granite Granite is America's Infrastructure Companyâ„¢. Incorporated since 1922, Granite (NYSE:GVA) is one of the largest diversified construction and construction materials companies in the United States as wel.
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) has secured Handshake's Early Talent Award (ETA) for the fifth consecutive year. This annual award celebrates the best employers for individuals starting their careers. Granite is among a select group in its industry to be recognized out of over 900,000 employers using Handshake. The ETA highlights companies that excel in brand resonance, effective engagement (measured by unique clicks per message recipient), active participation in event.