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WATSONVILLE, Calif.--(BUSINESS WIRE)-- #BuildingBetterTogether--Granite (NYSE:GVA) announced today that it has been awarded a contract by the U.S. Army Corps of Engineers (USACE) for the construction of a BAK-12/14 aircraft arresting system at Homestead Air Reserve Base in Homestead, Florida. The project is valued at approximately $11 million and will be included in Granite's third quarter 2026 CAP. Granite's scope of work includes constructing and installing the BAK-12/14 aircraft arresting system, which provides a cri.
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE: GVA) will release financial results for the quarter ended September 30, 2026, before the market opens on Thursday, October 29, 2026. The Company's quarterly earnings presentation will also be available at that time on its Investor Relations website, investor.graniteconstruction.com. Granite will host an investor conference call at 8:00 a.m. PT that day to discuss its results. The Company invites investors to listen to a live audio webcast of.
Granite Construction remains a Buy with a revised FY27 price target of $159, reflecting faster-than-expected EBITDA growth driven by Construction, not Materials. GVA's FY26 EBITDA guidance of $689M surpasses prior FY28 estimates, with the Construction segment organic growth at 15.3% and a robust $7.4B backlog supporting near-term revenue. I apply a 10.3x EV/EBITDA multiple, reflecting contractor comps and margin improvement above 10%, while maintaining conservative margin assumptions below company guidance.
WATSONVILLE, Calif.--(BUSINESS WIRE)-- #BuildingBetterTogether--Granite (NYSE:GVA) announced today that the Granite-Super Joint Venture has been awarded a contract by the Northeast Ohio Regional Sewer District (NEORSD) for the Big Creek Tunnel (BCT) project in Cleveland, Ohio. The contract, a joint venture between Granite and Super Excavators, is valued at approximately $324.8 million and will be included in third quarter CAP. The BCT is part of Project Clean Lake, a $3 billion, 24-year program that NEORSD began in 2011.
Growth in telecom, data centers and energy to aid EME, DY, GVA & TPC in the Zacks Building Products - Heavy Construction industry.
Shares of Granite Construction Incorporated (NYSE: GVA - Get Free Report) have been given an average rating of "Hold" by the six brokerages that are covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating, two have issued a buy rating and one
WATSONVILLE, Calif.--(BUSINESS WIRE)-- #BuildingBetterTogether--Granite (NYSE:GVA) announced today that the GO3JV joint venture has been awarded a new task order under the Guam Multiple Award Construction Contract (MACC). The project will construct key components of the Guam Defense System (GDS) Forward Operating Sites on Guam for the Naval Facilities Engineering Systems Command (NAVFAC). The task order is valued at approximately $165 million and will be included in third quarter CAP. The project includes site preparati.
Granite Construction Incorporated (NYSE: GVA - Get Free Report) announced a quarterly dividend on Thursday, September 10th. Investors of record on Wednesday, September 30th will be given a dividend of $0.13 per share by the construction company on Thursday, October 15th. This represents a $0.52 annualized dividend and a dividend yield of 0.5%. The ex-dividend date