Granite Construction Incorporated (GVA) Q3 2024 Earnings Call Transcript
- Granite Construction Incorporated (NYSE:GVA ) Q3 2024 Earnings Conference Call October 31, 2024 11:00 AM ET Company Participants Mike Barker - Vice President-Investor Relations Kyle Larkin - President and Chief Executive Officer Staci Woolsey - Executive Vice President and Chief Financial Officer Conference Call Participants Steven Ramsey - Thompson Research Group Brent Thielman - D.A. Davidson Michael Dudas - Vertical Research Partners Operator Good morning, my name is Andrea, and I will be your conference facilitator today.
- 10/31/2024
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Granite Reports Third Quarter 2024 Results
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) today announced results for the quarter ended September 30, 2024. Third Quarter 2024 Results Net income attributable to Granite Construction Incorporated totaled $79 million, or $1.57 per diluted share, compared to $58 million, or $1.13 per diluted share, for the same period in the prior year. Adjusted net income attributable to Granite Construction Incorporated (1) totaled $91 million, or $2.05 per diluted shar.
- 10/31/2024
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Granite's Southeast Home Market Expansion
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) continues to expand its home market strategy in the Southeast through various projects, leveraging its recent acquisitions of Lehman-Roberts, Memphis Stone & Gravel (MSG), and Dickerson & Bowen Inc. (D&B). The following projects demonstrate versatility in the construction and materials industry in the region: Olive Branch Airport taxiway rehabilitation, Mississippi: Lehman-Roberts was recently awarded this project which consis.
- 10/29/2024
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Granite Construction: Still Cruising Higher
- Granite Construction has seen impressive stock growth, up 104.7% since my 'buy' recommendation in March 2023, outperforming the broader market significantly. Despite the massive rise, I maintain a soft 'buy' rating due to continued revenue growth and attractive pricing relative to peers. The company's strong performance is driven by increased public spending, favorable weather, and strategic acquisitions, with significant revenue and profit growth.
- 10/28/2024
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Granite Announces Pavement Rehabilitation Project on SR 99 in Tulare, California
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) has been awarded an approximately $21 million contract by the California Department of Transportation (Caltrans) to rehabilitate three miles of pavement on both the northbound and southbound lanes of State Route 99 (SR 99) through Tulare, California. Project funding is to come from federal sources and was included in Granite's third-quarter CAP. The existing pavement will be removed using cold planing and replaced with 56,300 tons of hot.
- 10/24/2024
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Granite Announces Timing of Earnings Release and Investor Conference Call
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) will release financial results for the quarter ended September 30, 2024, before market opens on Thursday, October 31, 2024. The Company will host an investor conference call at 8:00 a.m. PT, Thursday, October 31, 2024. The Company invites investors to listen to a live audio webcast of the investor conference call on its Investor Relations website, investor.graniteconstruction.com. The investor conference call wi.
- 10/17/2024
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Granite and King County Metro Announce Atlantic Base Refurbishment Project
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE: GVA) announced the commencement of the approximately $45 million Atlantic Base Refurbishment (ABR) project in Seattle, Washington. This comprehensive initiative aims to modernize and enhance the infrastructure of King County Metro's (KCM) six-acre trolley bus parking and maintenance facility. “The General Contractor/Construction Manager (GC/CM) project delivery method chosen by KCM has facilitated a collaborative environment, enabling all pro.
- 10/10/2024
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Granite Secures $34M Contract to Improve OAK Perimeter Dike
- GVA's focus on growing a high-quality CAP portfolio in a positive public funding environment and resilient private market is commendable.
- 10/09/2024
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Granite Announces $34 Million Seismic Improvement Project at Oakland International Airport
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE: GVA) has announced the signing of a $34 million contract to implement seismic improvements to the Oakland International Airport (OAK) Perimeter Dike. This critical infrastructure project is designed to protect the airport runway from water intrusion from the adjacent San Francisco Bay. Project funding comes in part from the Federal Aviation Administration (FAA) and will be included in Granite's third-quarter CAP. The primary objective of this.
- 10/08/2024
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Granite Announces Six Safety and Environmental Awards From NSSGA
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE: GVA) announced today that it has received six awards, including the Bronze Louis Griesemer Sterling Safety Award for large companies, from the National Stone, Sand & Gravel Association (NSSGA). These honors were presented at the NSSGA Legislative & Policy Forum in Washington DC on September 27, 2024. The Louis Griesemer Sterling Safety Award highlights the commitment of NSSGA member companies to prioritize employee safety and well-bei.
- 10/08/2024
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In Honor of Dr. Patricia Galloway: A Legacy of Leadership and Dedication
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Dr. Patricia D. Galloway, a member of Granite's (NYSE:GVA) Board of Directors died on September 26, 2024. A valued and respected director since June 2017, Dr. Galloway was a member of the Board's Nominating and Corporate Governance and Compensation Committees. With more than 40 years of experience specializing in energy and construction matters, Dr. Galloway was the chairman of Pegasus-Holdings Inc. As the owner of Galloway Arbitration, Dr. Galloway was an.
- 10/03/2024
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ENR Ranks Granite Number One in Highways for the Fourth Consecutive Year
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE: GVA) has been recognized as the top company in the Highways market and the second in the Mining market in the 2024 Top Contractors Sourcebook by Engineering News-Record (ENR) magazine. ENR, a leading trade publication, ranks the largest U.S.-based public and private companies across major market sectors. This achievement marks the fourth consecutive year and the sixth time in seven years that Granite has secured the #1 ranking in Highways. “W.
- 10/02/2024
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Granite Secures $113M Marine Corps Contract, Stock Gains
- GVA will further support U.S. Marines' relocation with a $113M contract for new facilities at Marine Corps Base Camp Blaz.
- 09/25/2024
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Granite Awarded $113 Million Contract to Further Support U.S. Marines Relocation
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE: GVA), in partnership with Obayashi Corporation under the Granite-Obayashi 2 Joint Venture, announced the award of an estimated $113 million contract to construct new facilities at Marine Corps Base Camp Blaz (MCCB). Project funding comes from the Department of Defense's (DOD) Military Construction (MILCON) and will be included in Granite's third-quarter CAP. The contract involves the construction of low-rise facilities to support the Marine E.
- 09/24/2024
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Are You Looking for a Top Momentum Pick? Why Granite Construction (GVA) is a Great Choice
- Does Granite Construction (GVA) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 09/20/2024
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Fast-paced Momentum Stock Granite Construction (GVA) Is Still Trading at a Bargain
- If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Granite Construction (GVA) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
- 09/20/2024
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Granite Stock Gains With $65M Utah Road Improvement Contract
- GVA's new $65M UDOT contract strengthens its market position in Utah.
- 09/11/2024
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Washoe County's RTC Selects Granite as CMAR for $32M Project
- GVA boosts its CAP with a new contract from the RTC of Washoe County as the Construction Manager at Risk.
- 09/04/2024
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Granite Wins $45M Contract From Caltrans, GVA Stock Jumps
- GVA's focus on growing a high-quality CAP portfolio in a positive public funding environment and resilient private market is commendable.
- 08/28/2024
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Granite Continues Commitment to Highway Safety with $45 Million Project on I-40
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) has been awarded an approximately $45 million contract to reconstruct and modernize the John Wilkie Safety Roadside Rest Area along the Interstate 40 (I-40) corridor by the California Department of Transportation (Caltrans). Project funding will come from Caltrans and was included in Granite's second-quarter CAP. This project marks the fifth in a series of initiatives to improve safety and infrastructure along I-40. The project scope incl.
- 08/27/2024
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Zacks Industry Outlook EMCOR, MasTec, Granite Construction, Primoris Services and Great Lakes Dredge & Dock
- EMCOR, MasTec, Granite Construction, Primoris Services and Great Lakes Dredge & Dock have been highlighted in this Industry Outlook article.
- 08/27/2024
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Capitalizing on Heavy Construction Industry Boom: 5 Stocks to Buy
- Growth across the telecommunications, transmission, renewable energy and power generation businesses is set to benefit EME, MTZ, GVA, PRIM and GLDD from the Zacks Building Products - Heavy Construction industry.
- 08/26/2024
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Granite (GVA) Wins $38M CMGC Contract for Highway 101 Expansion
- Granite (GVA) to add peak-hour HOV lanes and reconstruct Highway 101 in southern Santa Barbara, focusing on relieving traffic congestion and sustainability.
- 08/23/2024
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Are Construction Stocks Lagging Granite Construction (GVA) This Year?
- Here is how Granite Construction (GVA) and KB Home (KBH) have performed compared to their sector so far this year.
- 08/23/2024
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Granite Awarded Sixth Highway 101 Mainline Segment to Alleviate Traffic Congestion in Santa Barbara, California
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) has been awarded an approximately $38 million contract (Segment 4E South) by the California Department of Transportation (Caltrans) to add peak-hour High Occupancy Vehicle (HOV) lanes and reconstruct all elements of the existing Highway 101 through southern Santa Barbara. Project funding is to come from Caltrans and local sources and was included in Granite's second-quarter CAP. This is the sixth Highway 101 mainline segment awarded to Gr.
- 08/22/2024
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Granite (GVA) Acquires D&B, Expands Footprint in Southeast
- Granite's (GVA) focus is to grow a high-quality CAP portfolio on the back of a positive public funding environment and resilient private market.
- 08/12/2024
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Why Fast-paced Mover Granite Construction (GVA) Is a Great Choice for Value Investors
- Granite Construction (GVA) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
- 08/12/2024
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Granite Completes Acquisition of Dickerson & Bowen, Inc.
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) today announced it has completed the acquisition of Dickerson & Bowen, Inc. (“D&B”), a leading regional aggregates, asphalt, and highway construction company serving central and southern Mississippi. The acquisition is a highly complementary bolt-on to the company's 2023 acquisition of Lehman-Roberts Company / Memphis Stone & Gravel (LRC / MSG), and it builds on Granite's footprint in the Southeast s.
- 08/12/2024
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Is Granite Construction (GVA) Stock Outpacing Its Construction Peers This Year?
- Here is how Granite Construction (GVA) and KB Home (KBH) have performed compared to their sector so far this year.
- 08/07/2024
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Granite (GVA) Boosts Backlog With $27M Project by Caltrans
- Granite (GVA) bags a $27-million project by Caltrans to enhance safety and driving conditions on SR33 in California.
- 07/19/2024
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Granite to Enhance Safety and Efficiency on Iconic SR33 in Kern County, California
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) has been awarded an approximately $27 million contract by the California Department of Transportation (Caltrans) to widen shoulders and resurface a 19-mile stretch of State Route 33 (SR33) in Kern County, California. Project funding to come from Caltrans and was included in Granite's second-quarter CAP. Spanning 19 miles from the SR33/SR46 intersection at Blackwells Corner to just north of McKittrick, the project will enhance road safety.
- 07/18/2024
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Granite's Jorge Quezada selected to Diversity MBA's list of Top 25 Outstanding Leadership and Diversity Impact Awards
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite's (NYSE:GVA) Chief Diversity Officer, Jorge Quezada, has been selected to Diversity MBA's list of Top 25 Outstanding Leadership and Diversity Impact Awards. This award honors 25 pioneers, change makers, and community leaders. It recognizes and uplifts those who have distinguished themselves in the field of diversity, have been a presence on recognizable boards, or have done outstanding work in terms of giving back to their communities. They are role.
- 07/11/2024
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Granite (GVA) & Kraemer JV Wins $113M Project in Michigan
- The joint venture of Granite (GVA) with Kraemer North America secures a $113 million project from MDOT in Michigan.
- 07/11/2024
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Granite Embarks on Multimodal Pathway in the Coachella Valley
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) has been awarded an approximately $20 million contract by the Coachella Valley Association of Governments (CVAG) to construct the next segment of what will ultimately be a 40-mile pathway in Southern California from Palm Springs to Thermal. This project completes segments in the cities of Palm Springs and Cathedral City. Project funding comes from CVAG and will be included in Granite's second-quarter CAP. The multimodal pathway will provi.
- 07/11/2024
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Granite (GVA) Wins $16M Contract to Lift Salinas Traffic Flow
- Granite's (GVA) new $16 million contract aims to boost traffic efficiency and safety in Salinas, reflecting its strategic local market focus.
- 07/10/2024
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Granite (GVA) to Remove & Replace the Edgewater Creek Bridge
- Granite's (GVA) focus is to grow a high-quality CAP portfolio on the back of a positive public funding environment and resilient private market.
- 06/26/2024
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Granite Announces Bridge Replacement Project in Everett, Washington
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) has been awarded an approximately $25 million contract by the City of Everett to remove and replace the Edgewater Creek Bridge. The project will be funded by federal grants and local funds, and will be included in Granite's second-quarter CAP. Project scope includes the removal of the existing bridge, originally built in 1946, and the construction of a new bridge over the Edgewater Creek Basin. The project presents engineering challenges.
- 06/25/2024
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Granite (GVA) to Rehabilitate Pavement Along SR41 for $15M
- Granite (GVA) is set to rehabilitate the pavement along SR41, providing a smoother ride and reducing maintenance demands.
- 06/14/2024
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Granite Embarks on Rehabilitation Project Near Stratford, California
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) has been awarded an approximately $15 million contract by the California Department of Transportation (Caltrans) to rehabilitate pavement along State Route 41 (SR41) near Stratford, California. Project funding comes from Caltrans and will be included in Granite's second-quarter CAP. This project aims to rehabilitate the pavement, providing a smoother ride and reducing maintenance demands. The rehabilitation will involve removing and repla.
- 06/13/2024
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Is Granite Construction (GVA) Stock Outpacing Its Construction Peers This Year?
- Here is how Granite Construction (GVA) and Armstrong World Industries (AWI) have performed compared to their sector so far this year.
- 06/13/2024
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Granite and Port of Woodland Sign Historic Long-Term Lease Agreement for Construction Materials Facility
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) has executed a long-term lease with the Port of Woodland for a new construction materials facility. The facility will be on a 25-acre site next to the Columbia River, reinforcing Granite's commitment to the Southwest Washington area home market. Key Highlights: Location: The facility will be near Woodland, WA, providing construction materials into the Southwest Washington area construction market. Market Support: The lease agreement allow.
- 06/12/2024
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Zacks Industry Outlook EMCOR, Dycom Industries, Granite Construction, Tutor Perini and Great Lakes Dredge & Dock
- EMCOR, Dycom Industries, Granite Construction, Tutor Perini and Great Lakes Dredge & Dock have been highlighted in this Industry Outlook article.
- 06/12/2024
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Granite Construction Incorporated Announces Closing of $325 Million of Convertible Senior Notes due 2030 and Full Exercise of Initial Purchasers' Option to Purchase Additional $48.75 Million of the Convertible Senior Notes
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) (“Granite”) today announced that it has closed its offering of $373.75 million aggregate principal amount of 3.25% Convertible Senior Notes due 2030 (the “Convertible Notes”) for gross proceeds of $373.75 million. The proceeds include the full exercise of the option by the initial purchasers to purchase an additional $48.75 million aggregate principal amount of the Convertible Notes granted by Granite to the ini.
- 06/11/2024
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5 Stocks to Buy From a Thriving Heavy Construction Industry
- Growth across the telecommunications, transmission, renewable energy and power generation businesses is set to benefit EME, DY, GVA, TPC and GLDD from the Zacks Building Products - Heavy Construction industry.
- 06/11/2024
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Carlos Hernandez Joins Granite's Board of Directors
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite's (NYSE:GVA) board of directors has appointed Carlos M. Hernandez as a director of the company, effective June 5, 2024. Mr. Hernandez brings decades of industry experience as the former chief executive officer of Fluor Corporation, the Irving, Texas-based engineering and construction firm. His career has included work in manufacturing, procurement, and engineering, with particular expertise in safety and environmental issues, governance, compliance,.
- 06/07/2024
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Granite Construction Incorporated Prices $325 Million Convertible Senior Notes Offering
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) (“Granite”) today announced the pricing of its previously announced offering of $325 million aggregate principal amount of 3.25% Convertible Senior Notes due 2030 (the “Convertible Notes”). In connection with the offering of the Convertible Notes, Granite granted the initial purchasers of the Convertible Notes the right to purchase up to an additional $48.75 million aggregate principal amount of Convertible Note.
- 06/06/2024
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Granite Construction Incorporated Announces Proposed Offering of $325 Million of Convertible Senior Notes Due 2030
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) (“Granite”) today announced that it intends to offer, subject to market and other conditions, $325 million in aggregate principal amount of convertible senior notes due 2030 (the “Convertible Notes”). In connection with the offering of the Convertible Notes, Granite expects to grant the initial purchasers of the Convertible Notes an option to purchase up to an additional $48.75 million aggregate principal amount.
- 06/06/2024
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Granite Construction Incorporated Announces Redemption of Outstanding 2.75% Convertible Senior Notes due 2024
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) (“Granite”) today announced that it has called all of its outstanding 2.75% convertible senior notes due 2024 (the “Convertible Notes”) (CUSIP No. 387328 AB3) for redemption on August 19, 2024 (the “Redemption Date”). The redemption price will be an amount in cash equal to 100% of the principal amount of each Convertible Note called for redemption, plus accrued and unpaid interest on such Convertible Note to, bu.
- 06/06/2024
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Granite Declares Quarterly Dividend
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (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 July 15, 2024, to all shareholders of record at the close of business on June 28, 2024. About Granite Granite is America's Infrastructure Company™. Incorporated since 1922, Granite (NYSE:GVA) is one of the largest diversified construction and construction materials companies in.
- 06/05/2024
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Is Granite Construction (GVA) Outperforming Other Construction Stocks This Year?
- Here is how Granite Construction (GVA) and KB Home (KBH) have performed compared to their sector so far this year.
- 05/28/2024
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Granite Construction (GVA) is a Great Momentum Stock: Should You Buy?
- Does Granite Construction (GVA) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 05/27/2024
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Despite Fast-paced Momentum, Granite Construction (GVA) Is Still a Bargain Stock
- If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Granite Construction (GVA) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
- 05/27/2024
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Secret Creek Fish Passage Project Nets Granite $48 Million Contract in Snohomish County, Washington
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) is pleased to announce that it has been awarded a $48 million contract by the Washington State Department of Transportation (WSDOT) to replace two existing fish barrier culvert crossings with three new fish passable structures on I-5 in Snohomish County, Washington. Project funding will come from WSDOT and be included in Granite's second-quarter CAP. The Secret Creek project will build upon Granite's relationship with the WSDOT Mt. Baker.
- 05/23/2024
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Granite's Newest Home Market, Lehman-Roberts and the Mid-South
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) expanded its home market strategy into the Memphis Metropolitan and Northern Mississippi area by acquiring Lehman-Roberts Company and Memphis Stone & Gravel Company (MSG) in Q4 2023. These longstanding asphalt paving and asphalt and aggregates producers and suppliers have won numerous new contracts to date in 2024. The following highlighted new work demonstrates Lehman-Roberts' versatility in the construction and materials industry. M.
- 05/23/2024
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Granite Awarded $89M Subcontract for United Airlines Terminal B Airside Transformation Program
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) is pleased to announce that it has been awarded an $89 million subcontract by United Airlines and Manhattan Construction as part of the overall United Airlines Terminal B Airside Transformation program, a $2 billion initiative funded by United Airlines and the City of Houston (Houston Airport System). The project will be included in Granite's second-quarter CAP. Under this program, the north and south concourses of Terminal B at George Bu.
- 05/22/2024
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Granite (GVA) Wins $36M Contract From Caltrans, Boosts CAP
- Granite (GVA) is set to improve 25 miles of roadway that connect to the Covelo-Round Valley area in California.
- 05/22/2024
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Granite Partners with Caltrans District 1 to Rehabilitate Stretch of Highway 162
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) has been awarded an approximately $36 million contract by the California Department of Transportation (Caltrans) to rehabilitate pavement along Highway 162 in Mendocino County, California. Project funding comes from both federal funds and the California Senate Bill (SB1) and was included in Granite's first-quarter CAP. The project will improve 25 miles of roadway, the only highway connection to the Covelo-Round Valley area. Granite will f.
- 05/21/2024
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Granite CFO Announces Planned Retirement Date, Successor CFO Named
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) Chief Financial Officer (CFO) Lisa Curtis announced that she will retire on September 16, 2024, and Granite has named Staci Woolsey, current Granite Chief Accounting Officer (CAO), to succeed Lisa Curtis at that time. “Lisa stepped into her current role in January 2021,” stated Granite President and CEO Kyle Larkin. “The company and I are grateful for Lisa's many contributions. Lisa's perspective and leadership has been invaluable as we h.
- 05/14/2024
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Granite Secures Contract for Infrastructure Project Near Ontario International Airport
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) has been awarded a $25 million contract by McDonald Property Group to retrofit offsite infrastructure at the east end of the runway of the Ontario International Airport. The project was included in Granite's first-quarter CAP. This retrofit will accommodate the construction of nine logistics buildings, totaling 4,263,000 square feet. Granite will be responsible for upsizing and retrofitting domestic water, sanitary sewer, and storm draina.
- 05/09/2024
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Granite Expands Presence in Inland Empire, California
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) announced the opening of its new office in Ontario, California. This strategic move marks Granite's commitment to serving the Inland Empire and further solidifying its position in the market. Located in the heart of the Inland Empire, Granite's Ontario office will serve as a hub for Granite's operations in the region. With this expansion, Granite aims to enhance its local presence, foster stronger relationships with clients, and contribut.
- 05/07/2024
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What Makes Granite Construction (GVA) a Strong Momentum Stock: Buy Now?
- Does Granite Construction (GVA) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 05/07/2024
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Granite Construction (GVA) Is Attractively Priced Despite Fast-paced Momentum
- If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Granite Construction (GVA) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
- 05/07/2024
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Granite Construction Incorporated (GVA) Q1 2024 Earnings Call Transcript
- Granite Construction Incorporated (NYSE:GVA ) Q1 2024 Earnings Conference Call May 2, 2024 11:00 AM ET Company Participants Mike Barker - Vice President, Investor Relations Kyle Larkin - President and Chief Executive Officer Lisa Curtis - Executive Vice President and Chief Financial Officer Conference Call Participants Brent Thielman - D.A. Davidson Operator Good morning.
- 05/02/2024
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Granite Reports First Quarter 2024 Results
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) today announced results for the quarter ended March 31, 2024. First Quarter 2024 Results Net loss attributable to Granite Construction Incorporated totaled $31 million, or $(0.70) per diluted share, compared to net loss attributable to Granite Construction Incorporated of $23 million, or $(0.53) per diluted share, for the same period in the prior year. Adjusted net loss attributable to Granite Construction Incor.
- 05/02/2024
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Granite Publishes Annual Sustainability Report
- WATSONVILLE, Calif.--(BUSINESS WIRE)--On May 1, 2024 Granite (NYSE:GVA) published its 2023 Sustainability Report, highlighting the company's efforts to create enduring value through social responsibility, environmental stewardship, and dependable governance. “At Granite, our mission is to provide infrastructure solutions that support more prosperous and resilient communities,” said Granite President and Chief Executive Officer Kyle Larkin. “We don't just recognize our responsibility to contribu.
- 05/01/2024
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Granite to Help Construct Major Enhancements to I-405/Brickyard to SR 527 Corridor Project in Bothell, WA
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) has been awarded a subcontract worth approximately $31 million by prime contractor Skanska USA, to work on Washington State Department of Transportation (WSDOT) and Sound Transit's highway project to provide roadway improvements along a four-and-a-half-mile corridor on Interstate 405 (I-405) in Bothell, WA. The project will be included in Granite's first-quarter CAP. Key features of the project include increased express toll lane (ETL) ca.
- 04/30/2024
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Granite VP Joins NAPA Advisory Council
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) announced today that District Vice President Ian Firth has been appointed to the National Asphalt Pavement Association's (NAPA) Advisory Council West Region as an at large member. NAPA is the only national trade association representing the asphalt industry and works to advance the asphalt pavement industry through leadership, training, and advocacy. This includes supporting member companies on issues including engineering, health and saf.
- 04/18/2024
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Granite Announces Timing of Earnings Release and Investor Conference Call
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) will release financial results for the quarter ended March 31, 2024, before market opens on Thursday, May 2, 2024. The Company will host an investor conference call at 8:00 a.m. PT, Thursday, May 2, 2024. The Company invites investors to listen to a live audio webcast of the investor conference call on its Investor Relations website, investor.graniteconstruction.com. The investor conference call will also be ava.
- 04/15/2024
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Granite Construction Honored as a 2024 VETS Indexes 4-Star Employer
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA), has been recognized as a 4-Star Employer in the 2024 VETS Indexes Employer Awards in just its second year as a participant. This award acknowledges the company's dedication to recruiting, hiring, retaining, developing, and supporting veterans and the military-connected community. “Granite has shown a commitment to recruiting veteran and military-connected employees, and then fostering their growth and development into leaders,” said Geor.
- 04/11/2024
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Granite Earns its Fourth Consecutive Early Talent Award from Handshake
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) continues to shine in talent engagement. For the fourth consecutive year, the company has secured Handshake's Early Talent Award (ETA). This annual award celebrates the best employers for people starting their careers, and Granite is one of a select group in its industry to be recognized (out of 900,000+ employers using Handshake). The ETAs are awarded to employers that demonstrate brand resonance, engage effectively (measured by unique c.
- 03/13/2024
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Rock-Solid Demand Goes Beyond AI Stocks Like Nvidia. Here's Proof.
- Showing demand from top funds goes beyond Nvidia and other AI leaders, Granite Construction builds on its latest breakout.
- 03/13/2024
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Granite Declares Quarterly Dividend
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (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, 2024, to all shareholders of record at the close of business on March 28, 2024. About Granite Granite is America's Infrastructure Company™. Incorporated since 1922, Granite (NYSE:GVA) is one of the largest diversified construction and construction materials companies.
- 03/12/2024
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NAPA Recognizes Granite Construction With 97 Awards and Commendations
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) has received a total of 97 awards and commendations from the National Asphalt Pavement Association (NAPA), recognizing the company's plant operations, paving operations, and adherence to best practices across the following seven states: Alaska, Arizona, California, Mississippi, Nevada, Utah, and Washington state. Within this list of recognition, newly acquired Lehman-Roberts received five awards. The following awards were presented at NAP.
- 02/28/2024
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Granite Construction Incorporated (GVA) Q4 2023 Earnings Call Transcript
- Granite Construction Incorporated (NYSE:GVA) Q4 2023 Earnings Conference Call February 22, 2023 11:00 AM ET
- 02/22/2024
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Granite Reports Fourth Quarter and FY 2023 Results
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) today announced results for the quarter and year ended December 31, 2023. Fourth Quarter 2023 Results Net income totaled $26 million, or $0.55 per diluted share, compared to net income of $22 million, or $0.46 per diluted share, for the same period in the prior year. Adjusted net income (1) totaled $36 million, or $0.82 per diluted share, compared to adjusted net income (1) of $25 million, or $0.56 per diluted s.
- 02/22/2024
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Granite Awarded Final Construction Option in Denali National Park
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) successfully finished preconstruction services and, on February 1, 2024, was awarded the final $112 million construction option for the Polychrome Area Improvements Construction Manager/General Contractor (CM/GC) project by the Federal Highway Administration (FHWA) in Denali National Park, Alaska. This last construction award completes the scope of work the National Park Service (NPS) has planned for the project. The combined value of all.
- 02/13/2024
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Granite (GVA) Wins $55M Grant Road Expansion Contract in Tucson
- Granite (GVA) accelerates growth with a $55M Tucson contract, reinforcing regional infrastructure dominance.
- 02/01/2024
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Granite Announces Timing of Earnings Release and Investor Conference Call
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) will release financial results for the quarter and fiscal year ended December 31, 2023, before market opens on Thursday, February 22, 2024. The Company will host an investor conference call at 8:00 a.m. PT, Thursday, February 22, 2024. The Company invites investors to listen to a live audio webcast of the investor conference call on its Investor Relations website, investor.graniteconstruction.com. The investor c.
- 01/31/2024
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Granite Construction (GVA) Upgraded to Strong Buy: Here's Why
- Granite Construction (GVA) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
- 01/23/2024
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3 Housing Stocks to Buy as Home-Builder Confidence Surges
- With homebuilders' confidence improving, investing in stocks such as PulteGroup (PHM), Dream Finders Homes (DFH) and Granite Construction (GVA) seems prudent.
- 01/19/2024
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Granite Construction: Expect Higher Margins And Tailwinds To Spur Stock
- Granite Construction's strategic plan is to deliver higher margins and increased profitability. Because of its size, vertical integration, and other factors, it has several competitive advantages. GVA's growth prospects are strong, supported by ongoing reductions in inflation and increased demand for construction and infrastructure projects.
- 01/17/2024
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3 Building Products Stocks Highlighting the Zacks Rank #1 Strong Buy List This Week
- Landing spots on the Zacks Rank #1 (Strong Buy) list this week, let's take a look at three of the top building products stocks at the moment.
- 01/15/2024
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Election Investment Strategy: 3 Stocks to Buy Before It's Time to Vote
- Historically, investors have gained a handful during election years from buying certain election stocks, but re-election years catch stronger returns. Since 1952, the S&P 500 has gained an average of 7% in election years, compared to 12.2% in re-election.
- 01/09/2024
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Granite Construction (GVA) Shows Fast-paced Momentum But Is Still a Bargain Stock
- Granite Construction (GVA) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
- 01/03/2024
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5 Top-Ranked Stocks to Buy for the January Effect
- Stocks such as NGL Energy Partners (NGL), Beacon Roofing Supply (BECN), Granite Construction (GVA), Hooker Furniture (HOFT) and Limbach (LMB) are poised to make the most of the January Effect.
- 01/02/2024
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3 Stocks to Watch From a Prosperous Heavy Construction Industry
- Growth across the telecommunications, transmission, renewable energy and power generation businesses is set to benefit EME, GVA and ORN from the Zacks Building Products - Heavy Construction industry despite macroeconomic headwinds.
- 12/19/2023
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5 Top Growth Stocks for the Presidential Election Year 2024
- With things looking up for Wall Street in 2024, placing bets on growth stocks like Brinker International (EAT), Granite Construction (GVA), Royal Caribbean Cruises (RCL), Eaton (ETN) and AZZ seems prudent.
- 12/19/2023
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3 Rate-Sensitive Stocks to Gain as Fed Sounds Dovish for 2024
- With the Fed holding rates steady and indicating rate cuts soon, stocks such as American Water Works (AWK), CenterPoint Energy (CNP) and Granite Construction (GVA) are poised to gain.
- 12/18/2023
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Granite (GVA), Veracio to Redefine Drill Hole Data Utilization
- Granite (GVA) partners with Veracio to improve the accuracy and quality of drill hole data analysis for its clients.
- 12/07/2023
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Fast-paced Momentum Stock Granite Construction (GVA) Is Still Trading at a Bargain
- If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Granite Construction (GVA) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
- 11/23/2023
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Bet on These 5 Low-Leverage Stocks as Price Hikes Ease
- The equity market can be volatile at times. To avoid huge losses, an investor may choose safe bets like TXT, CB, COST, TNK and GVA.
- 11/17/2023
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Granite Construction's (GVA) JV ARC Wins Multiple CM/GC Deal
- Granite Construction's (GVA) joint venture is set to rehabilitate the American River Bridge in Sacramento, CA.
- 11/15/2023
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3 Sector ETFs & Stocks to Gain Despite Soft Jobs Data
- The U.S. economy added 150,000 jobs in October 2023, below market forecasts of 180,000.
- 11/06/2023
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New Strong Buy Stocks for November 3rd
- XRX, GVA, CUBI, LXU and ENLV have been added to the Zacks Rank #1 (Strong Buy) List on November 3, 2023.
- 11/03/2023
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Best Income Stocks to Buy November 3rd
- XRX, GVA, FCFS made it to the Zacks Rank #1 (Strong Buy) income stocks list on November 3, 2023.
- 11/03/2023
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Why Fast-paced Mover Granite Construction (GVA) Is a Great Choice for Value Investors
- If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Granite Construction (GVA) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
- 11/02/2023
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Granite Construction Incorporated (GVA) Q3 2023 Earnings Call Transcript
- Granite Construction Incorporated (NYSE:GVA ) Q3 2023 Earnings Conference Call October 31, 2023 11:00 AM ET Company Participants Mike Barker - Vice President, Investor Relations Kyle Larkin - President and Chief Executive Officer Lisa Curtis - Executive Vice President and Chief Financial Officer Conference Call Participants Brian Biros - Thompson Research Group Brent Thielman - D.A. Davidson Brian Russo - Sidoti Michael Dudas - Vertical Research Partners Operator My name is Kate and I will be your conference facilitator today.
- 10/31/2023
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Why Granite Construction Stock Is Soaring Higher Today
- Granite surpassed estimates on third-quarter earnings and revenue. The company has done a good job executing on a turnaround plan after a series of misfires.
- 10/31/2023
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Granite Construction to Participate in Investor Conferences
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE: GVA) is pleased to announce its participation in a series of upcoming investor events where senior management will meet with investors. Management will use a presentation during meetings that will be posted to our website before market on November 10, 2023. The events are scheduled as follows: 1. 2023 NYSE Virtual Investor Access Program for Industrials • Date: Tuesday, November 14, 2023 2. UBS Industrials Summit • Date: Wednesday, November 2.
- 10/27/2023
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Granite Announces Timing of Earnings Release and Investor Conference Call
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) will release third quarter financial results on Tuesday, October 31, 2023, before the market opens. The Company will host an investor conference call at 8:00 a.m. PT, Tuesday, October 31, 2023. The Company invites investors to listen to a live audio webcast of the investor conference call on its Investor Relations website, investor.graniteconstruction.com. The investor conference call will also be available by c.
- 10/17/2023
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7 Infrastructure Stocks to Snap Up as Government Spending Jumps
- For the second straight year, American states will receive huge amounts of money allocated by the Bipartisan Infrastructure Law. For example, New York state is getting $2.76 billion for the current fiscal year, Vermont is receiving $329 million, and Oregon is obtaining $757 million.
- 10/10/2023
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Granite (GVA) Wins $45M UDOT Contract, Fortifies Q3 CAP
- Granite (GVA) is set to widen and enhance State Route 108 (SR-108) in Davis County, Utah.
- 10/06/2023
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Granite Construction (GVA) Wins $73M CM/GC Deal From PRWUA
- Granite Construction (GVA) is set to fortify and modernize the Deer Creek Dam & Reservoir in Heber Valley, Utah.
- 08/31/2023
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Granite (GVA) Wins $72M Caltrans Contract, Fortifies Q2 CAP
- Granite (GVA) is set to build auxiliary lanes and bus-on-shoulder facilities in Capitola, CA.
- 08/23/2023
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Granite (GVA) Wins $215M NSIT Contract, Fortifies Q3 CAP
- Granite (GVA) to support the city of Akron in transforming sewer infrastructure.
- 08/16/2023
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Granite Announces Timing of Earnings Release and Investor Conference Call
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) will release second quarter financial results on Thursday, July 27, 2023, before the market opens. The Company will host an investor conference call at 8:00 a.m. PT, Thursday, July 27, 2023. The Company invites investors to listen to a live audio webcast of the investor conference call on its Investor Relations website, investor.graniteconstruction.com. The investor conference call will also be available by call.
- 07/18/2023
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Granite (GVA) Secures $51.5M Construction Option in Alaska
- Granite (GVA) wins the Option X portion of the Polychrome Area Improvements project by the FHWA for a total value of $51.5 million.
- 07/14/2023
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Granite Construction (GVA) Secures $48M Contract From USACE
- Granite Construction (GVA) receives a $48-million contract by the U.S. Army Corps of Engineers (USACE) to mitigate flood risk and damage in Wharton, TX.
- 07/07/2023
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Bear Of The Day: Granite Construction (GVA)
- Granite Construction (GVA) is a Zacks Rank #5 (Strong Sell) has seen earnings estimates slide lower recently. I wanted to flag this com[any as we are seeing most stocks with decreases in this year also seeing decreases in estimates for next year.
- 05/09/2023
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Granite Construction: Recent Correction Is A Buying Opportunity
- Revenue should benefit from healthy CAP and favorable end-market demand. Margin should benefit from high-margin CAP, ORP completion, and volume leverage.
- 05/08/2023
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Granite Announces Timing of Earnings Release and Investor Conference Call
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) will release first quarter financial results on Tuesday, May 2, 2023, before the market opens. The Company will host an investor conference call at 8:00 a.m. PT, Tuesday, May 2, 2023. The Company invites investors to listen to a live audio webcast of the investor conference call on its Investor Relations website, investor.graniteconstruction.com.
- 04/21/2023
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4 Stocks to Watch From the Prosperous Heavy Construction Industry
- Growth across telecommunications, transmission, renewable energy and power generation businesses is set to benefit EME, MTZ, DY and GVA from the Zacks Building Products - Heavy Construction industry despite macroeconomic headwinds.
- 04/17/2023
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Granite Construction Incorporated (GVA) Q4 2022 Earnings Call Transcript
- Granite Construction Incorporated (NYSE:GVA ) Q4 2022 Earnings Conference Call February 16, 2023 11:00 AM ET Company Participants Mike Barker - VP, IR Kyle Larkin - President and CEO Lisa Curtis - EVP and CFO Conference Call Participants Steven Ramsey - Thompson Research Group Brent Thielman - D.A. Davidson Brian Russo - Sidoti Operator Good morning.
- 02/16/2023
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Granite Announces Timing of Earnings Release and Investor Conference Call
- WATSONVILLE, Calif.--( BUSINESS WIRE )--Granite Construction Incorporated (NYSE: GVA) will release fourth quarter and 2022 fiscal year financial results on Thursday, February 16, 2023, before the market opens. The Company will host an investor conference call at 8:00 a.m. PT, Thursday, February 16, 2023.
- 02/02/2023
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2 Stocks to Buy From the Prosperous Heavy Construction Industry
- Growth across telecommunications, transmission, renewable energy and power generation businesses is set to benefit DY and GVA from the Zacks Building Products - Heavy Construction industry despite rising inflation and supply-chain issues.
- 01/24/2023
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Granite Construction's Outperformance Can Continue
- The Old Risk Portfolio (ORP) is nearing completion in 2023, and the company's efforts to strengthen CAP (backlog) should help revenue and margin growth. GVA's initiative of developing a second home market in Texas to expand its market share in the central group should also be positive for its future growth.
- 12/27/2022
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Granite Construction (GVA) Shows Fast-paced Momentum But Is Still a Bargain Stock
- Granite Construction (GVA) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
- 11/01/2022
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Granite Construction to Present at the Baird 2022 Global Industrial Conference
- WATSONVILLE, Calif.
- 10/31/2022
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Granite Construction Incorporated (GVA) CEO Kyle Larkin on Q3 2022 Results - Earnings Call Transcript
- Granite Construction Incorporated (NYSE:GVA ) Q3 2022 Earnings Conference Call October 27, 2022 11:00 AM ET Company Participants Mike Barker - VP, IR Kyle Larkin - President and CEO Lisa Curtis - EVP and CFO Conference Call Participants Michael Dudas - Vertical Research Partners Steven Ramsey - Thompson Research Group Brian Russo - Sidoti John Ramirez - Ben Tillman Operator Good morning. My name is Ramon, and I will be your conference facilitator today.
- 10/27/2022
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Granite Announces Timing of Earnings Release and Investor Conference Call
- WATSONVILLE, Calif.
- 10/19/2022
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Granite Construction: Recent Correction Is A Buying Opportunity
- Revenue growth in the near term should be supported by the strong CAP. The federal infrastructure funding along with a strong end market should support the CAP growth beyond FY22.
- 10/05/2022
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Granite Construction will no longer sell water resources, mineral services businesses, citing 'market conditions'
- Granite Construction Inc. GVA, -1.10% said Monday it no longer plans to sell its Water Resources and Mineral Services businesses, citing current market conditions. The construction materials company said the businesses' assets will no longer be classified as held for sale, and the financial results will be reporting within continuing operations.
- 09/19/2022
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Catalyst: Granite Construction And $550 Billion In Infrastructure Spending
- We are at the starting line of a huge flood of Federal infrastructure spending that will last about 8 years. The US has underinvested in infrastructure for almost a couple of decades now.
- 08/30/2022
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Granite Construction Incorporated's (GVA) CEO Kyle Larkin on Q2 2022 Results - Earnings Call Transcript
- Granite Construction Incorporated (NYSE:GVA ) Q2 2022 Earnings Conference Call July 28, 2022 11:00 AM ET Company Participants Mike Barker - Vice President, Investor Relations Kyle Larkin - President and Chief Executive Officer Lisa Curtis - Executive Vice President and Chief Financial Officer Conference Call Participants Brian Russo - Sidoti Adam Beavis - Goldman Sachs John Ramirez - D.A. Davidson Operator Good morning.
- 07/28/2022
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Granite Announces Timing of Earnings Release and Investor Conference Call
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) will release second quarter financial results on Thursday, July 28, 2022, before the market opens. The Company will host an investor conference call at 8:00 a.m. PT, Thursday, July 28, 2022. The Company invites investors to listen to a live audio webcast of the investor conference call on its Investor Relations website, investor.graniteconstruction.com. The investor conference call will also be available by call
- 07/20/2022
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Granite Construction Is A Good Buy At The Current Levels
- Funding from the Infrastructure Investment & Jobs Act (IIJA) should strengthen Committed & Awarded projects in 2023 and beyond. The new strategic plan should help transform the company and put it back on a growth path.
- 05/31/2022
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Granite Construction Incorporated (GVA) CEO Kyle Larkin on Q1 2022 Results - Earnings Call Transcript
- Granite Construction Incorporated (NYSE:GVA ) Q1 2022 Earnings Conference Call April 28, 2022 11:00 AM ET Company Participants Mike Barker - VP, IR Kyle Larkin - President and Chief Executive Officer Lisa Curtis - Executive Vice President and Chief Financial Officer Conference Call Participants Steven Ramsey - Thompson Research Group Michael Dudas - Vertical Research Brian Russo - Sidoti Zane Karimi - D.A. Davidson Operator Good morning.
- 05/01/2022
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Granite Announces Timing of Earnings Release and Investor Conference Call
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) will release first quarter financial results on Thursday, April 28, 2022, before the market opens. The Company will host an investor conference call at 8:00 a.m. PT, Thursday, April 28, 2022. The Company invites investors to listen to a live audio webcast of the investor conference call on its Investor Relations website, investor.graniteconstruction.com. The investor conference call will also be available by cal
- 04/18/2022
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Granite Construction's (GVA) CEO Kyle Larkin on Q4 2021 Results - Earnings Call Transcript
- Granite Construction's (GVA) CEO Kyle Larkin on Q4 2021 Results - Earnings Call Transcript
- 02/25/2022
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Granite Announces Timing of Earnings Release and Investor Conference Call
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) will release fourth quarter and annual 2021 financial results on Friday, February 25, 2022, before the market opens. The Company will host an investor conference call at 8:00 a.m. PT, Friday, February 25, 2022. The Company invites investors to listen to a live audio webcast of the investor conference call on its Investor Relations website, investor.graniteconstruction.com. The investor conference call will also
- 02/17/2022
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Granite Construction Incorporated (GVA) CEO Kyle Larkin on Q3 2021 Results - Earnings Call Transcript
- Granite Construction Incorporated (GVA) CEO Kyle Larkin on Q3 2021 Results - Earnings Call Transcript
- 10/28/2021
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Granite to Participate in First Construction Inclusion Week
- WATSONVILLE, Calif.--(BUSINESS WIRE)---- $GVA #BuildBetterTogether--Granite (NYSE:GVA) announced today its support of the inaugural Construction Inclusion Week, taking place October 18-22, 2021. Construction Inclusion Week, which coincides with Granite's internal Inclusion Core Value month, was conceived by an industry consortium, “Time for Change,” in 2020. The stated purpose of the group is to “identify ways to advance diversity, equity, and inclusion in construction.” “Time for Change” has developed a website with a wide
- 10/15/2021
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Granite Announces Timing of Earnings Release and Investor Conference Call
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) will release third quarter 2021 financial results on Thursday, October 28, 2021, before the market opens. The Company will host an investor conference call at 8:00 a.m. PT, Thursday, October 28, 2021. The Company invites investors to listen to a live audio webcast of the investor conference call on its Investor Relations website, investor.graniteconstruction.com. The investor conference call will also be availab
- 10/14/2021
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Granite Wins Eight Excellence Awards from NSSGA
- WATSONVILLE, Calif.--(BUSINESS WIRE)---- $GVA #BuildBetterTogether--Granite (NYSE:GVA) announced it has been awarded eight 2021 Awards of Excellence from the National Stone, Sand & Gravel Association (NSSGA). NSSGA is the leading association for aggregate producers and the equipment manufacturers and service providers who support the industry. Its members produce more than 90% of the crushed stone and 70% of the sand and gravel used in the United States each year. The Awards of Excellence program recognizes “NSSGA membe
- 10/07/2021
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ENR Ranks Granite Number One in Highways
- WATSONVILLE, Calif.--(BUSINESS WIRE)---- $GVA #BuildBetterTogether--Granite (NYSE:GVA) is ranked No. 1 in the Highway market from the 2021 Top Contractors Sourcebook by Engineering News-Record (ENR) magazine. ENR ranks the largest U.S.-based public and private companies in major market sectors and is widely regarded as the industry's leading trade publication. “We are very happy to be recognized by ENR as the number one highway contractor and among the top twenty-five of the ENR Top Contractors List,” said Granite President
- 09/30/2021
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Granite Declares Quarterly Dividend
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (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 October 15, 2021 to all shareholders of record at the close of business on September 30, 2021. About Granite Granite is America's Infrastructure Company™. Incorporated since 1922, Granite (NYSE:GVA) is one of the largest diversified construction and construction materials compa
- 09/15/2021
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Granite Publishes Annual Sustainability Report Unveiling New ESG Priorities
- WATSONVILLE, Calif.--(BUSINESS WIRE)---- $GVA #BuildBetterTogether--Today, Granite (NYSE:GVA) published its 2020 Sustainability Report, which highlights the company's advancement on environmental, social, and governance (ESG) initiatives. With the theme Respect, Responsibility, Resilience, the report reflects the company's perspective on a year that highlighted the importance of integrating sustainability into business strategy to enhance agility and resilience in the face of complex challenges. The report unveils Granite's
- 09/01/2021
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Granite Awarded $25.7 Million Airfield Safety Enhancement Project at Tucson International Airport
- WATSONVILLE, Calif.--(BUSINESS WIRE)---- $GVA #BuildBetterTogether--Granite (NYSE:GVA) announced it has been awarded the DBB1 contract by the Tucson Airport Authority (TAA) as part of their Airfield Safety Enhancements (ASE) program at Tucson International Airport (TUS) in Tucson, Arizona. The new project, in concert with the previously awarded Construction Manager at Risk (CMAR) project at TUS, continues Granite's history of successful partnership and coordination with TAA. DBB1 is the 14th project at TUS awarded to Granit
- 08/19/2021
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Infrastructure Portfolio: Resetting The Table
- Infrastructure Portfolio: Resetting The Table
- 08/10/2021
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Granite Awarded $64 Million Road Separation Contract in Southern California
- WATSONVILLE, Calif.--(BUSINESS WIRE)---- $GVA #BuildBetterTogether--Granite (NYSE:GVA) has been awarded a $64 million contract for the Jurupa Road Grade Separation project by the Riverside County Transportation Department in Jurupa Valley, California. The contract award was included in Granite's second quarter committed and awarded projects (CAP). The scope of work includes separating Jurupa Road and the Union Pacific Railroad by constructing a grade separation and relocating existing rail spurs. As the daily vehicle traffi
- 08/04/2021
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Granite Construction Incorporated (GVA) CEO Kyle Larkin on Q2 2021 Results - Earnings Call Transcript
- Granite Construction Incorporated (GVA) CEO Kyle Larkin on Q2 2021 Results - Earnings Call Transcript
- 07/31/2021
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Granite Reports Second Quarter 2021 Results
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) today announced results for the second quarter ended June 30, 2021. Second Quarter 2021 Results Net income increased to $54.5 million, or $1.14 per diluted share, compared to net income of $3.4 million, or $0.07 per diluted share, for the same period year-over-year. Adjusted net income(1), which excludes other costs(3), non-cash impairments of goodwill, transaction costs (4), gain on sale of property and amortiz
- 07/29/2021
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Granite Announces Timing of Earnings Release and Investor Conference Call
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) will release second quarter 2021 financial results on Thursday, July 29, 2021, before the market opens. The Company will host an investor conference call at 9:00 a.m. PT, Thursday, July 29, 2021. The Company invites investors to listen to a live audio webcast of the investor conference call on its Investor Relations website, investor.graniteconstruction.com. The investor conference call will also be available by
- 07/15/2021
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Granite Secures $28 Million Interchange Access Ramp Project in Redmond, Washington
- WATSONVILLE, Calif.--(BUSINESS WIRE)---- $GVA #BuildBetterTogether--Granite (NYSE:GVA) announced it has been awarded the contract to construct the 148th Ave. NE Interchange Access Ramp in downtown Redmond, Washington by the Washington State Department of Transportation (WSDOT). The approximately $28 million award is anticipated to be included in Granite's second quarter committed and awarded projects. The new access ramp will provide a direct connection from the SR 520 offramp to new arterials, Hopper Street, Lumiere Street
- 07/15/2021
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Granite Construction Bags $18M Road Reconstruction Project In Salt Lake City
- Granite Construction Inc. (NYSE: GVA) was awarded an $18 million contract for the 300 West Reconstruction project by Salt Lake City in Utah. The scope of work consists of the full reconstruction of 300 West from 900 South to 2100 South.
- 07/14/2021
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Granite Awarded $18 Million Road Reconstruction Project in Salt Lake City
- WATSONVILLE, Calif.--(BUSINESS WIRE)---- $GVA #BuildBetterTogether--300 West SLC PR
- 07/13/2021
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Granite Has Secured Third of Five Highway 101 Santa Barbara Project Contracts With $151 Million CM/GC Award
- WATSONVILLE, Calif.--(BUSINESS WIRE)---- $GVA #BuildBetterTogether--Granite (NYSE:GVA) announced today that it has been awarded the contract to construct Segment 4B of the Highway 101 Carpinteria to Santa Barbara Construction Manager/General Contractor (CM/GC) project by the California Department of Transportation (Caltrans). With this announcement, Granite has now secured the third construction contract of the five segment, $410 million project. Granite had previously been named construction manager for all of Phase 4. The
- 07/06/2021
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What Makes Granite Construction (GVA) a Good Fit for "Trend Investing"
- Granite Construction (GVA) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.
- 06/28/2021
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Stocks Cap Strong, Broad-Based Weekly Gain; Nike, Granite Construction Break Out, Amazon Sets Up
- Stock market caps strong, broad-based weekly gain; Nike, Granite Construction break out, Amazon sets up. Investor's Business Daily has been helping people invest smarter results by providing exclusive stock lists, investing data, stock market research, education and the latest financial and business news to help investors make more money in the stock market.
- 06/25/2021
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Granite Awarded $16 Million Rehabilitation Project at Anchorage International Airport
- WATSONVILLE, Calif.--(BUSINESS WIRE)---- $GVA #BuildBetterTogether--Granite wins rehabilitation contract at Anchorage International.
- 06/24/2021
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Granite Awarded $20 Million Bike Trail Project in California
- WATSONVILLE, Calif.--(BUSINESS WIRE)---- $GVA #BuildBetterTogether--Granite Construction has secured a $20M contract to construct a lake-side bike trail in Northern California.
- 06/23/2021
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A Pure Play On New U.S. Infrastructure Spending: Granite Construction
- A Pure Play On New U.S. Infrastructure Spending: Granite Construction
- 06/21/2021
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Granite Awarded $44 Million Corridor Improvement Project in Reno
- WATSONVILLE, Calif.--(BUSINESS WIRE)---- $GVA #BuildBetterTogether--Granite (NYSE:GVA) announced that it has been awarded the contract for the Oddie Boulevard/Wells Avenue Corridor Project by the Regional Transportation Commission of Washoe County (RTC) in Reno, Nevada. The project will introduce multi-modal transportation to a 3.2-mile-long corridor from Reno to Sparks. This award is one of several large projects in the Reno area in recent years, and further strengthens Granite's working relationship with the RTC. The appr
- 06/17/2021
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Granite's “Vision and Values” Named Best General – Non-Broadcast in Video in the 42nd Annual Telly Awards
- WATSONVILLE, Calif.--(BUSINESS WIRE)---- $GVA #BuildBetterTogether--Granite (NYSE:GVA) announced today its “Vision and Values” video has been named Best General Non-Broadcast in the 42nd Annual Telly Awards. The Telly Awards honors excellence in video and television across all screens and is judged by leaders from video platforms, television, streaming networks, and production companies including Netflix, Dow Jones, Duplass Brothers Productions, Complex Networks, A&E Networks, Hearst Media, Nickelodeon, ESPN Films, RYOT
- 06/16/2021
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Granite Joins National Hispanic Corporate Council
- WATSONVILLE, Calif.--(BUSINESS WIRE)---- $GVA #BuildBetterTogether--Granite joins National Hispanic Corporate Council.
- 06/14/2021
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Granite Awarded $12 Million CMAR Runway Rehabilitation Project in Central California
- WATSONVILLE, Calif.--(BUSINESS WIRE)---- $GVA #BuildBetterTogether--Granite (NYSE:GVA) announced that it has been awarded a contract by the County of San Luis Obispo for the construction phase of the Runway 11-29 Rehabilitation Project at San Luis Obispo County Regional Airport in central California. Granite had previously received a contract for the construction manager at risk portion (CMAR) of the project in 2020 and provided preconstruction design assistance. The rehabilitation is the first CMAR contract for the County,
- 06/10/2021
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Granite's Nevada Region Earns AGC Pinnacle Award in Contractor's Excellence & Environmental Sustainability for Construction of Derby Dam Fish Screen
- WATSONVILLE, Calif.--(BUSINESS WIRE)---- $GVA #BuildBetterTogether--The Derby Dam Fish Screen project wins Granite AGC PINNACLE award.
- 06/09/2021
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Granite Construction Joins Nearly 2,000 CEOs in Unprecedented Commitment to Advance Diversity and Inclusion in the Workplace
- WATSONVILLE, Calif.--(BUSINESS WIRE)---- $GVA #BuildBetterTogether--Granite joins CEO Action for Diversity & Inclusion.
- 06/07/2021
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Granite Highway Realignment Project Wins 2021 Construction Risk Partners Build America Award
- WATSONVILLE, Calif.--(BUSINESS WIRE)---- $GVA #BuildBetterTogether--Granite (NYSE:GVA) has received the 2021 Construction Risk Partners Build America Award in the Marvin M. Black Partnering Excellence category from Associated General Contractors of America (AGC) for the $133 million SR 99 CMGC Realignment Project in Fresno, California. It has also been nominated for the Construction Risk Partners Build America Grand Award. The Build America awards honor AGC members who build the nation's most impressive construction project
- 06/02/2021
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Construction Spending Edges Up in April: Top 5 Stocks to Buy
- We shortlist five stocks from the construction sector, which is presently riding high on private residential construction spending.
- 06/02/2021
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Granite Declares Quarterly Dividend
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (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 July 15, 2021, to all shareholders of record at the close of business on June 30, 2021. About Granite Granite is America's Infrastructure Company™. Incorporated since 1922, Granite (NYSE:GVA) is one of the largest diversified construction and construction materials companies in
- 06/01/2021
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Granite Joins United Nations Global Compact, Furthers Sustainability Commitment
- WATSONVILLE, Calif.--(BUSINESS WIRE)-- #SafetyByChoice--Granite (NYSE:GVA) has joined the United Nations (UN) Global Compact, the world's largest corporate sustainability initiative, underscoring its focus on sustainability and environmental, social, and governance issues. With this commitment, Granite demonstrates its long-term support of the Sustainable Development Goals and the UN Global Compact principles. The UN Global Compact is a corporate initiative that encourages organizations to establish and define s
- 05/17/2021
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Granite Construction Incorporated (GVA) Q1 2021 Results - Earnings Call Transcript
- Granite Construction Incorporated (GVA) Q1 2021 Results - Earnings Call Transcript
- 05/08/2021
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Granite Reports First Quarter 2021 Results
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) today announced results for the first quarter ended March 31, 2021. First Quarter 2021 Results Results for the first quarter of 2021 were a net loss of ($66.2) million, or ($1.45) per diluted share, compared to a net loss of ($65.4) million, or ($1.44) per diluted share, in the prior year. Adjusted net loss(2) for the first quarter of 2021, which excludes other costs(3), non-cash impairments of goodwill, Transac
- 05/07/2021
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Construction Stock May 7 Q1 Earnings Lineup: IBP, FLR, GVA, ROAD
- The sector's Q1 results are likely to reflect a solid housing market. High labor/material costs and the COVID-19 pandemic might have been risks.
- 05/06/2021
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Granite Awarded $160 Million Dam Project in Texas
- WATSONVILLE, Calif.--(BUSINESS WIRE)-- #SafetyByChoice--Granite (NYSE:GVA) has been awarded the Leon Hurse Dam project in Ladonia, Texas by Upper Trinity Regional Water District. The $160 million contract award is anticipated to be included in Granite's second quarter backlog. The Leon Hurse Dam project is a component of the overall Lake Ralph Hall project which will be one of Texas' newest lakes and one of the state's biggest water projects in the last 30 years. The project will provide crucial water for an are
- 05/03/2021
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Granite Reaches Agreement to Settle Pending Class Action Lawsuits
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) (“Granite” or the “Company”) today announced that it entered into a stipulation and agreement of settlement (the “Settlement Agreement”) to settle the previously disclosed securities class action litigation filed in the United States District Court for the Northern District of California titled Police Retirement System of St. Louis v. Granite Construction Incorporated, et al., which was filed in August 2019. The
- 04/30/2021
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Granite Announces Timing of Earnings Release and Investor Conference Call
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) will release first quarter 2021 financial results on Friday, May 7, 2021, before the market opens. The Company will host an investor conference call at 8:00 a.m. PT, Friday, May 7, 2021. The Company invites investors to listen to a live audio webcast on its Investor Relations website, investor.graniteconstruction.com. The live call is available by calling 1-866-807-9684; international callers may dial 1-412-317-
- 04/27/2021
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Granite Awarded Rail Yard Construction Project in Central California
- WATSONVILLE, Calif.--(BUSINESS WIRE)-- #SafetyByChoice--Granite (NYSE:GVA) has been awarded the Intermodal Ethanol Transfer Facility project by Eco-Energy Distribution in Stockton, California. The contract award is anticipated to be included in Granite's first quarter 2021 backlog. The project will establish a new rail yard on 17 acres in the Port of Stockton to accommodate 108 rail cars for the Eco-Energy Intermodal Ethanol Transfer Facility. The scope of work includes the construction of mechanical, electrical
- 04/20/2021
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Granite Construction Incorporated (GVA) Management on Q4 2020 Results - Earnings Call Transcript
- Granite Construction Incorporated (GVA) Management on Q4 2020 Results - Earnings Call Transcript
- 03/30/2021
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Granite Reports Fourth Quarter and Fiscal Year 2020 Results
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) today announced results for the fourth quarter and year ended December 31, 2020. Fiscal Year 2020 Results Fiscal year 2020 net loss totaled ($145.1) million, or ($3.18) per diluted share, compared to a net loss of ($60.2) million, or ($1.29) per diluted share, in the prior year. Adjusted net income(1) for fiscal year 2020 totaled $60.0 million, or $1.30 per diluted share, compared to an adjusted net loss of ($27
- 03/30/2021
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Granite Construction Incorporated Announces Record Date and Date of 2021 Annual Meeting of Shareholders
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA; the "Company") announced today that the record date for determining shareholders entitled to vote at the 2021 Annual Meeting of Shareholders (the "Annual Meeting") will be Monday, April 12, 2021. The Annual Meeting will be held virtually on Wednesday, June 2, 2021, beginning at 10:30 a.m. Pacific Time. About Granite Granite is America's Infrastructure Company™. Incorporated since 1922, Granite (NYSE:GVA) is one
- 03/25/2021
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Granite Announces Timing of Earnings Release and Investor Conference Call
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) will release fourth quarter and fiscal year 2020 financial results on Tuesday, March 30, 2021, before the market opens. The Company will host an investor conference call at 8:00 a.m. PT, Tuesday, March 30, 2021. The Company invites investors to listen to a live audio webcast on its Investor Relations website, investor.graniteconstruction.com. The live call is available by calling 1-866-807-9684; international ca
- 03/23/2021
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Granite Announced as 2021 CIO 100 Award Winner
- WATSONVILLE, Calif.--(BUSINESS WIRE)--IDG's CIO has named Granite as a 2021 CIO 100 award winner. For more than 30 years, the CIO 100 awards have recognized innovative organizations around the world that exemplify the highest level of strategic and operational excellence in information technology. The annual CIO 100 Awards celebrate 100 organizations and the teams within them that are using IT in innovative ways to deliver business value, whether by creating competitive advantage, optimizing bu
- 03/22/2021
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Granite Received NYSE Notice
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA; the "Company") received a notice from the New York Stock Exchange (the “NYSE”) indicating that the Company is not in compliance with Section 802.01E of the NYSE Listed Company Manual as a result of the Company's failure to timely file its Annual Report on Form 10-K for the year ended December 31, 2020 (the "Form 10-K"). The NYSE informed the Company that under the NYSE's rules, the Company will have six months f
- 03/19/2021
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Granite Joint Venture Awarded $42 Million Air Force Base Improvement Project in Guam
- WATSONVILLE, Calif.--(BUSINESS WIRE)-- #SafetyByChoice--Granite Joint Venture Awarded $42 Million Air Force Base Improvement Project in Guam
- 03/15/2021
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How 4 Construction Firms Look as Biden Kicks Off Infrastructure Plan
- In a January pre-inauguration speech, President-elect Joe Biden outlined an infrastructure spending plan totaling some $2 trillion in accelerated spending on infrastructure programs like clean energy, public transit and road and bridge repair.
- 03/15/2021
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Granite Declares Quarterly Dividend
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (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, 2021, to all shareholders of record at the close of business on March 31, 2021. About Granite Granite is America's Infrastructure Company™. Incorporated since 1922, Granite (NYSE:GVA) is one of the largest diversified construction and construction materials companies
- 03/12/2021
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Granite Awarded $267 Million Tunnel Project in Ohio
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) announced today that it has been awarded the Lower Olentangy Tunnel project by the City of Columbus in Columbus, Ohio. The $267 million contract is anticipated to be booked in Granite's first quarter 2021 backlog. The Lower Olentangy Tunnel (LOT) project aims to improve water quality and reduce the risk of exposure of humans to waterborne pollutants by reducing overflows from the sewer system into creeks and rivers during flooding. LOT wi
- 03/08/2021
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Granite Wins 32 National Awards for Quality in Asphalt Paving
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) has been awarded 32 quality in construction awards for excellence in construction of an asphalt pavement by the National Asphalt Pavement Association (NAPA). The awards were presented at the association's virtual 66th annual meeting. Granite was recognized for their work on following projects: 2020 Pavement Maintenance Overlay, Everett 8749-2019 Local Streets Resurfacing (South) AMATS: Post Rd 3rd Ave to Reeve Blvd Pavement Preservation A
- 03/01/2021
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Granite Construction, Inc. (GVA) Management on Q3 2020 Results - Earnings Call Transcript
- Granite Construction, Inc. (GVA) Management on Q3 2020 Results - Earnings Call Transcript
- 02/27/2021
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Granite Reports Third Quarter 2020 Results
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) today reported a net loss of ($153.1) million and ($3.36) per diluted share for the nine months ended September 30, 2020, compared to a net loss of ($40.8) million and ($0.87) per diluted share year-over-year. The net loss for the nine months ended September 30, 2020 included $194.4 million of transaction costs(2), amortization of debt discount, non-recurring legal and accounting investigation costs, and non-cas
- 02/25/2021
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Granite Announces Timing of Q3 2020 Earnings Release and Investor Conference Call
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) will release third quarter 2020 financial results on Thursday, February 25, 2021, before the market opens. The Company will host an investor conference call at 8:00 a.m. PT, Thursday, February 25, 2021. The Company invites investors to listen to a live audio webcast on its Investor Relations website, http://investor.graniteconstruction.com. The live call is available by calling 1-866-807-9684; international call
- 02/22/2021
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Granite Reports Fiscal Year 2019 Results
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) today announced its 2019 financial results, reflecting a net loss of ($60.2) million (($1.29) per diluted share) compared to net income of $0.6 million ($0.01 per diluted share) in 2018. The results include after-tax, acquisition-related expenses for 2019 and 2018 of $33.0 million and $60.5 million, respectively. Revenue in 2019 increased $158.6 million, or 5.0%, to $3.4 billion primarily due to incremental reve
- 02/19/2021
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Granite Named One of America's Best Midsize Employers by Forbes for the Fifth Consecutive Year
- WATSONVILLE, Calif.--(BUSINESS WIRE)-- #SafetyByChoice--Granite (NYSE:GVA) has been named by Forbes as one of America's Best Midsize Employers for the fifth year in a row. The ranking honors employers based on an independent survey asking how likely employees would be to recommend their employer—and other employers in their respective industries—to someone else. “To be recognized for the fifth time as one of America's Best Midsize Employers is an honor and reflection of our culture here at Granite,” said Senior
- 02/09/2021
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Granite Announces the Opening of a New Phoenix Area Office
- WATSONVILLE, Calif.--(BUSINESS WIRE)-- #SafetyByChoice--Granite (NYSE:GVA), one of the largest diversified construction and construction materials companies in the United States, as well as a full-suite provider in the transportation, water infrastructure, and mineral exploration markets, is pleased to announce the opening of a new office in Mesa, Arizona to serve the Phoenix metropolitan area including Maricopa, Yavapai, and Pinal counties. The Phoenix Area office will be joining Granite's Arizona Region, headq
- 02/02/2021
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Granite Names Executives for Strategy, Finance, and Human Resources to Lead Growth and Cultural Change
- WATSONVILLE, Calif.--(BUSINESS WIRE)-- #SafetyByChoice--Granite (NYSE:GVA) announced three top executive appointments to expand profitable growth, drive innovation to transform its business, and strengthen its culture: Jigisha Desai is chief strategy officer, Lisa Curtis is chief financial officer, and Tim Gruber is senior vice president, human resources. “Granite has begun to transform its business and culture which includes reshaping our strategy to expand profitable growth and create value. With the appointme
- 01/28/2021
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6 Opportunities for Infrastructure Week
- Every week should be Infrastructure Week, as investors consider buying into the water, electrical, and telecommunications systems that keep cities growing. The post 6 Opportunities for Infrastructure Week appeared first on InvestorPlace.
- 01/26/2021
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Granite Awarded $48 Million Construction Manager/General Contractor Bridge Contract in California
- WATSONVILLE, Calif.--(BUSINESS WIRE)-- #SafetyByChoice--Granite (NYSE:GVA) has been awarded the Cosumnes Bridge Parent Package of the Construction Manager/General Contractor (CMGC) contract for the Cosumnes Bridge Replacement Project by the California Department of Transportation (Caltrans) in Sacramento County, California. This CMGC contract is the final award of a seven-part phased delivery of the overall $167 million project. This $48 million contract is anticipated to be included in Granite's first quarter 2
- 01/21/2021
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Granite Joint Venture Team Named to $750 Million Multiple Award Construction Contract by the Naval Facilities Engineering Command, Southwest
- WATSONVILLE, Calif.--(BUSINESS WIRE)-- #SafetyByChoice--The joint venture team comprised of Granite (NYSE: GVA) and Healy Tibbitts Builders, Inc. is one of five contractors selected to participate in a $750 million Waterfront Multiple Award Construction Contract (MACC) by the Naval Facilities Engineering Command, Southwest (NAVFAC SW). The indefinite delivery/indefinite quantity (IDIQ) competitive MACC is comprised of task orders ranging from $50,000 to $100 million, for two base years plus three option years th
- 01/19/2021
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Will Biden's Infrastructure Plan Boost These 4 Construction Companies?
- President-elect Joe Biden is scheduled to give a prime-time speech Thursday evening outlining an infrastructure spending plan costing $1.5 trillion to $2.0 trillion, including $1,400 stimulus checks for U.S.
- 01/14/2021
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Granite Joint Venture Awarded $125 Million Bay City Bridges Project in Michigan
- WATSONVILLE, Calif.--(BUSINESS WIRE)-- #GraniteCares--Granite (NYSE:GVA) announced that the joint venture team comprised of Granite and Kraemer North America has been awarded a Construction Manager/General Contractor (CM/GC) contract by United Bridge Partners for the Bay City Bridges Project in Bay City, Michigan. CM/GC procurement involves the contractor during the design and planning phases and offers a lower risk profile for both the contractor and the owner while increasing the overall value to project sta
- 01/12/2021
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Granite Opens New Solari Aggregate Plant Near Bakersfield
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) recently opened their Solari Aggregate Plant in Arvin, California. Solari will safely and sustainably provide aggregate and asphalt to private and public customers in the Bakersfield market. The Solari facility replaces a depleted Granite facility near Arvin. The new 700-acre plant produces 70 million tons of additional high-quality reserves available to the Bakersfield market. Designed with efficiency and sustainability in mind, automate
- 01/04/2021
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Granite Declares Quarterly Dividend
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (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 January 15, 2021, to all shareholders of record at the close of business on December 31, 2020. About Granite Granite is America's Infrastructure Company™. Incorporated since 1922, Granite (NYSE:GVA) is one of the largest diversified construction and construction materials compa
- 12/10/2020
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Granite Awarded $101 Million Construction Manager/General Contractor Project in Southern California
- WATSONVILLE, Calif.--(BUSINESS WIRE)---- $GVA #GraniteCares--Granite (NYSE:GVA) has been awarded Segment 4C (Summerland) of the Highway 101 Santa Barbara to Carpinteria Construction Manager/General Contractor (CM/GC) project by the California Department of Transportation (Caltrans). This is the second contract awarded to Granite of the five-segment $410 million CM/CG project. The $101 million contract is expected to be included in Granite's fourth quarter 2020 backlog. The Highway 101 Santa Barbara to Carpinteria pro
- 12/07/2020
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Granite Construction Is Positioned For U.S. Infrastructure Rebuilding
- The weak US economy and the high unemployment rate should set the stage for an infrastructure rebuilding program. Bipartisan support for a long-overdue project.
- 12/06/2020
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Granite Awarded $16 Million Airport Refueling Facility Project in San Diego
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) announced that it has been awarded the West Refueler Loading Facility & West Solid Waste Facility project by the San Diego County Regional Airport Authority at the San Diego International Airport (SAN). The $16 million contract is anticipated to be booked in Granite's fourth quarter 2020 backlog. The project includes the construction of a five-bay refueler loading facility connecting the existing fuel transfer pipeline near the fuel f
- 12/02/2020
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Granite Awarded $39 Million Highway Widening Project in Southern California
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) announced it has been awarded the State Route 74 Ortega Highway Widening Project by the California Department of Transportation (Caltrans) in Lake Elsinore, California. The $39 million contract is anticipated to be included in Granite's fourth quarter 2020 backlog. To enhance the safety of this busy route between the cities of Lake Elsinore and San Juan Capistrano, this project will widen State Route 74 from Lake Elsinore to the Riverside
- 12/01/2020
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NOTICE For Investors In NYSE: GVA Shareholder Notice: Update in Lawsuit against Granite Construction Incorporated announced by Shareholders Foundation
- San Diego, California--(Newsfile Corp. - December 1, 2020) - The Shareholders Foundation, Inc. announces that a lawsuit is pending for certain investors in (NYSE: GVA) shares.Investors, who purchased shares of Granite Construction Incorporated (NYSE: GVA), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.On August 13, 2019, a lawsuit was filed against Granite Construction Incorporated over alleged securities laws violations. The plaintiff alleged, that the Defendants made...
- 12/01/2020
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Granite Awarded $18 Million Contract for University of California, Santa Cruz Renewal Project
- WATSONVILLE, Calif.--(BUSINESS WIRE)-- #SafetyByChoice--Granite (NYSE:GVA) announced today that it has been awarded a sub-contract by Swinerton for the University of California, Santa Cruz (UCSC) Kresge College Work Package #4. The $18 million contract is anticipated to be included in Granite's fourth quarter 2020 backlog. This is the second project Granite has been awarded as part of UCSC's multi-year Kresge College Renewal Project. Scope of work for Package #4 includes the construction of the retaining walls a
- 11/05/2020
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Granite Awarded $12 Million Roadway Construction Project in California's Central Valley
- WATSONVILLE, Calif.--(BUSINESS WIRE)-- #SafetyByChoice--Granite (NYSE:GVA) announced it has been awarded a $12 million contract for the Oakhurst Midtown Connector project by the County of Madera in Oakhurst, California. The contract was included in Granite's third quarter 2020 backlog. By constructing a new two-lane road connecting State Route 41 with Indian Springs Road/High School Road, in Oakhurst, traffic congestion from Highway 41 to Road 426 will be alleviated. Granite will be responsible for the construct
- 11/04/2020
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Granite Awarded Two Airport Projects in Alaska and California Totaling $15 Million
- WATSONVILLE, Calif.--(BUSINESS WIRE)-- #SafetyByChoice--Granite (NYSE:GVA) announced that it has been awarded two airport projects totaling $15 million, one in Inyokern, California, and one in Anchorage, Alaska. The $9 million Inyokern Airport Reconstruct Runway 2-20 project has been awarded by the Indian Wells Valley Airport District. Granite is responsible for the removal and reconstruction of runway 2-20. The existing runway will be recycled onsite and used for 12,700 cubic yards of recycled base under the ne
- 10/26/2020
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Granite Team Installs Log Jam at Derby Dam Fish Screen
- Efforts to recover Nevada’s threatened Lahontan Cutthroat Trout (LCT) continue at Derby Dam in Sparks, Nevada this week as Granite (NYSE:GVA) and its partners, the Farmers Conservation Alliance (FCA) and the Bureau of Reclamation, begin the installation of the engineered log jam (ELJ) and plunge pool in the Truckee River. The ELJ is a permeable flow deflection structure made of wooden logs that projects out from the streambank and is used to stabilize streambanks and improve aquatic habitat. It is an important project component of the new fish screen structure built at Derby Dam to support safe fish passage for the LCT along the Truckee River between Pyramid Lake and Lake Tahoe, Nevada.
- 08/19/2020
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Granite’s Sustainability Progress Report Wins Gold 2020 MerComm ARC Award
- Granite (NYSE:GVA) is pleased to announce its 2019 Sustainability Progress Report has been awarded Gold by MerComm in their 2020 Annual Report Competition (ARC). Granite’s 2019 Sustainability Progress Report encompasses our comprehensive set of goals including corporate social responsibility, environmental stewardship, and responsible governance. It provides an evaluation of our current program with an eye toward improvement to manage our business with the future in mind by building infrastructure that improves quality of life. Granite was the only North American company to win Gold in its category.
- 08/19/2020
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Granite Inliner Awarded C$12 Million Sewer Maintenance Project in Ontario, Canada
- Granite (NYSE:GVA) announced that Granite Inliner, a wholly-owned subsidiary with one of the most comprehensive service portfolios in the piping infrastructure renewal industry, has been awarded the Fletcher’s Creek Trunk Sewer and Maintenance Hole Rehabilitation Project by The Region of Peel, Canada. The C$12 million contract will be booked into Granite’s third quarter 2020 backlog.
- 08/18/2020
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How Much Are Granite Construction Incorporated (NYSE:GVA) Insiders Spending On Buying Shares?
- We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On...
- 08/12/2020
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Should You Take Comfort From Insider Transactions At Granite Construction Incorporated (NYSE:GVA)?
- We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we'd be...
- 08/12/2020
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Granite Provides Business Update and Second Quarter 2020 Preliminary Select Financial Information
- Granite Construction Incorporated (NYSE: GVA) today provided a business update and second quarter 2020 preliminary select financial information.
- 08/10/2020
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Granite Joint Venture Awarded Tucson’s $26 Million Downtown Links Phase III Project
- Granite (NYSE:GVA) today announced that the joint venture team Downtown Links Constructors, comprised of Granite and Borderland Construction, has been awarded a $26 million Construction Manager at Risk (CMAR) contract by the City of Tucson for the Downtown Links Phase III project in Tucson, Arizona. CMAR is a construction delivery method where the construction manager acts as an agent of the owner in both the design and construction phases to provide value engineering, cost estimating and construction expertise to deliver the project within a Guaranteed Maximum Price (GMP). As consolidating partner, the total contract award of $26 million will be booked into Granite's third quarter 2020 backlog.
- 08/05/2020
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Railway Construction Projects & Insights 2020 - The Americas - ResearchAndMarkets.com
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Granite Featured on 2020 Top Solar Contractors List
- Although the COVID-19 pandemic is the immediate crisis unfolding at the moment, mitigating climate change is also an urgent issue. Solar photovoltaic installation is one way to help reduce greenhouse gases from fossil fuels. Granite (NYSE:GVA) has been recognized by Solar Power World on its 2020 Top Solar Contractors list. Granite achieved a rank of eight out of 407 companies, an exciting jump when compared to its rank of 14 in 2019, showcasing significant advancement in Granite’s work on solar projects. This advancement aligns with Granite’s mission of sustainability, as it contributes to developing a cleaner energy future.
- 07/21/2020
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Granite Awarded CMAR Airport Project in Central California
- Granite (NYSE: GVA) announced that it has been awarded a Construction Manager at Risk (CMAR) contract by the County of San Luis Obispo for the San Luis Obispo County Regional Airport Runway 11-29 Rehabilitation Project in San Luis Obispo, California. CMAR is a construction delivery method where the construction manager acts as an agent of the owner in both the design and construction phases to provide engineering, cost estimating and construction expertise to deliver the project within a Guaranteed Maximum Price (GMP).
- 07/15/2020
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NYSE: GVA Shareholder Notice: Update in Lawsuit against Granite Construction Incorporated announced by Shareholders Foundation
- SAN DIEGO, CA / ACCESSWIRE / July 15, 2020 / The Shareholders Foundation, Inc. announces that a that a lawsuit is pending for certain investors in Granite Construction Incorporated (GVA) shares. Investors, who purchased shares of Granite Construction Incorporated (GVA) in August 2018 or earlier and continue to hold any of those NYSE: GVA shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. On August 13, 2019, a lawsuit was filed against Granite Construction Incorporated over alleged securities laws violations.
- 07/15/2020
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Granite Awarded $63 Million Construction Manager/General Contractor Contract for Cosumnes Bridge Child Project 6 in California
- Granite (NYSE:GVA) announced today that it has been awarded the Child Project 6 (CP6) portion of the Construction Manager/General Contractor (CM/GC) contract of the Cosumnes Bridge Replacement Project by the California Department of Transportation (Caltrans) in Sacramento County, California. This CM/GC contract is part of a phased seven-part delivery of the overall $167 million project. The $63 million project contract is included in Granite’s third quarter 2020 backlog.
- 07/08/2020
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Squarepoint Ops LLC Takes Position in Granite Construction Inc. (NYSE:GVA)
- Squarepoint Ops LLC acquired a new stake in Granite Construction Inc. (NYSE:GVA) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 12,221 shares of the construction company’s stock, valued at approximately $186,000. A number of other hedge funds also recently added […]
- 07/08/2020
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Morgan Stanley Sells 93,545 Shares of Granite Construction Inc. (NYSE:GVA)
- Morgan Stanley decreased its position in shares of Granite Construction Inc. (NYSE:GVA) by 9.2% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 926,108 shares of the construction company’s stock after selling 93,545 shares during the period. Morgan Stanley’s holdings in Granite […]
- 07/04/2020
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Here is What Hedge Funds Think About Granite Construction Incorporated (GVA)
- In this article we will check out the progression of hedge fund sentiment towards Granite Construction Incorporated (NYSE:GVA) and determine whether it is a good investment right now. We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their 2 and […]
- 06/27/2020
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Granite Construction (NYSE:GVA) Shares Down 5.4%
- Granite Construction Inc. (NYSE:GVA)’s stock price was down 5.4% during trading on Wednesday . The company traded as low as $17.77 and last traded at $17.81, approximately 516,458 shares traded hands during trading. A decline of 32% from the average daily volume of 756,766 shares. The stock had previously closed at $18.83. A number of […]
- 06/26/2020
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Shuman Glenn & Stecker Investigates Granite Construction Inc.
- Shuman, Glenn & Stecker Investigates Granite Construction Inc. (NYSE: GVA)
- 06/25/2020
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Shuman Glenn & Stecker Investigates Granite Construction Inc.
- Shuman, Glenn & Stecker Investigates Granite Construction Inc. (NYSE: GVA)
- 06/25/2020
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77,596 Shares in Granite Construction Inc. (NYSE:GVA) Bought by Balyasny Asset Management LLC
- Balyasny Asset Management LLC acquired a new position in Granite Construction Inc. (NYSE:GVA) during the first quarter, Holdings Channel reports. The firm acquired 77,596 shares of the construction company’s stock, valued at approximately $1,178,000. Other hedge funds have also modified their holdings of the company. Sunbelt Securities Inc. bought a new position in Granite Construction […]
- 06/22/2020
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The Law Offices of Frank R. Cruz Announces Investigation on Behalf of Granite Construction Incorporated Investors (GVA)
- The Law Offices of Frank R. Cruz is investigating potential claims against the board of directors of Granite Construction Incorporated ("Granite" or the "Company") (NYSE: GVA) concerning whether the board breached its fiduciary duties to shareholders.
- 06/19/2020
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The Law Offices of Frank R. Cruz Announces Investigation on Behalf of Granite Construction Incorporated Investors (GVA)
- The Law Offices of Frank R. Cruz is investigating potential claims against the board of directors of Granite Construction Incorporated (“Granite” or t
- 06/19/2020
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Latest Infrastructure Chatter Gives Construction Stocks Lift | MarketScreener
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Latest Infrastructure Chatter Gives Construction Stocks Lift | MarketScreener
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Granite Declares Quarterly Dividend
- Granite Construction Incorporated (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 July 15, 2020, to all shareholders of record at the close of business on June 30, 2020.
- 06/11/2020
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B.Riley FBR Reaffirms Their Buy Rating on Select Interior Concepts (SIC) - Markets
- In a report released yesterday, Alex Rygiel from B.Riley FBR reiterated a Buy rating on Select Interior Concepts (SIC –
- 06/10/2020
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Kaskela Law LLC Announces Investigation of Granite Construction Incorporated (GVA) and Encourages Long-Term GVA Stockholders to Contact the Firm
- Kaskela Law LLC announces that it is investigating Granite Construction Incorporated ("Granite" or the "Company") (NYSE: GVA) on behalf of the Company's stockholders.
- 06/06/2020
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Granite Publishes Annual Sustainability Progress Report Highlighting Environmental, Social, Governance, and Economic Advancement
- Today Granite (NYSE:GVA) published its 2019 Sustainability Progress Report, which highlights the company’s advancement on environmental, social, governance, and economic initiatives. With the theme Building a Better Future Today, the progress report illustrates Granite’s commitment to collaborative partnerships and meaningful engagement with its stakeholders.
- 05/27/2020
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Granite Selected for Construction Manager/General Contractor Cosumnes Bridge Child Project 4 Project in California
- Granite (NYSE:GVA) announced today that it has been awarded the Child Project 4 (CP4) portion of the Construction Manager/General Contractor (CM/GC) contract of the Cosumnes Bridge Replacement Project by the California Department of Transportation (Caltrans) in Sacramento County, California. This CM/GC contract is part of a phased delivery of the overall $158 million project. The $16 million project contract is included in Granite’s second quarter 2020 backlog.
- 05/26/2020
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Kaskela Law LLC Announces Stockholder Investigation of Granite Construction Incorporated (GVA) and Encourages Long-Term GVA Stockholders to Contact the Firm
- PHILADELPHIA, PA / ACCESSWIRE / May 22, 2020 / Kaskela Law LLC is investigating Granite Construction Incorporated ("Granite" or the "Company") (NYSE:GVA) on behalf of the Company's ...
- 05/22/2020
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Granite Wins $10M Contract For California Highway 1 Paving Contract In Northern California
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Granite Awarded California Highway 1 Paving Contract in Northern California
- Granite (NYSE:GVA) has been awarded a contract in Mendocino County, California for the Highway 1 Overlay near Gualala by the California Department of Transportation (Caltrans). The $10 million contract will be booked in Granite’s second quarter 2020 backlog.
- 05/21/2020
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Granite Awarded California Highway – Paving Contract in Northern California
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Plastic screens and makeshift grocery stores: How one restaurant chain is surviving the coronavirus crisis
- On Monday, Pret even announced that its first ever retail coffee range will be available to order on Amazon, in an effort to refresh its dwindling revenue stream. The news came as Pret, which is owned by JAB Holding, said it was reopening a further 70 branches across the U.K., adding to the 30 already open. Leon is another high-street chain that has come up with innovative ways to navigate the myriad challenges of operating in the current climate, including ensuring the health of its employees and customers while navigating cash flow uncertainty amid a nervous marketplace.
- 05/14/2020
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Granite Wins Spot On $350M Multiple Award Task Order Contract By US Air Force
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Granite Named to $350 Million Multiple Award Task Order Contract by U.S. Air Force
- Granite (NYSE: GVA) is one of five contractors selected to participate in the Interior Alaska Paving Multiple Award Task Order Contract (MATOC) by the U.S. Air Force. The $350 million indefinite delivery/indefinite quantity (IDIQ) competitive MATOC is comprised of task orders ranging from $500 to $10 million, for one base year plus six option years through 2027.
- 05/13/2020
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Plastic screens and makeshift grocery stores: How one restaurant chain is surviving the coronavirus crisis
- On Monday, Pret even announced that its first ever retail coffee range will be available to order on Amazon, in an effort to refresh its dwindling revenue stream. The news came as Pret, which is owned by JAB Holding, said it was reopening a further 70 branches across the U.K., adding to the 30 already open. Leon is another high-street chain that has come up with innovative ways to navigate the myriad challenges of operating in the current climate, including ensuring the health of its employees and customers while navigating cash flow uncertainty amid a nervous marketplace.
- 05/13/2020
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Primoris Services Corp (PRIM) CEO Thomas McCormick on Q1 2020 Results - Earnings Call Transcript
- Primoris Services Corp (NASDAQ:PRIM) Q1 2020 Earnings Conference Call May 05, 2020, 10:00 ET Company Participants Kate Tholking - VP, IR Thomas McCormick - CEO,
- 05/10/2020
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Granite Withdraws FY20 Guidance
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Granite Provides Operational Update and First Quarter 2020 Preliminary Select Financial Information
- Granite Construction Incorporated (NYSE: GVA) today provided an update regarding the Company’s operations and the impacts of the COVID-19 pandemic along with first quarter 2020 preliminary select financial information.
- 05/07/2020
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Granite Provides Operational Update and First Quarter 2020 Preliminary Select Financial Information
- Granite Construction Incorporated (NYSE: GVA) today provided an update regarding the Company’s operations and the impacts of the COVID-19 pandemic alo
- 05/07/2020
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Granite Construction Incorporated (GVA): Were Hedge Funds Right About This Stock?
- Will the new coronavirus cause a recession in US in the next 6 months? On February 27th, we put the probability at 75% and we predicted that the market will decline by at least 20% in (Recession is Imminent: We Need A Travel Ban NOW). In these volatile markets we scrutinize hedge fund filings to […]
- 05/06/2020
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Week In Review: How Trump's Policies Moved Stocks - Saturday, May 2
- We highlight the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Donald Trump and his administration with this weekly recap.
- 05/02/2020
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B.Riley FBR Remains a Hold on MYR Group (MYRG)
- In a report released today, Alex Rygiel from B.Riley FBR reiterated a Hold rating on MYR Group (MYRG), with a price target of $27.00. The company's shares
- 05/01/2020
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B.Riley FBR Keeps Their Buy Rating on MasTec (MTZ)
- B.Riley FBR analyst Alex Rygiel reiterated a Buy rating on MasTec (MTZ) today and set a price target of $40.00. The company's shares closed last Thursday
- 05/01/2020
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Analysts' Opinions Are Mixed on These Conglomerates Stocks: Builders Firstsource (BLDR), Energy Recovery (ERII) and Johnson Controls (JCI)
- Analysts have been eager to weigh in on the Conglomerates sector with new ratings on Builders Firstsource (BLDR), Energy Recovery (ERII) and Johnson
- 05/01/2020
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Orion Group Holdings (ORN) Receives a Buy from B.Riley FBR
- B.Riley FBR analyst Alex Rygiel reiterated a Buy rating on Orion Group Holdings (ORN) today and set a price target of $4.00. The company's shares closed
- 04/30/2020
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Orion Group Holdings (ORN) Receives a Buy from B.Riley FBR
- B.Riley FBR analyst Alex Rygiel reiterated a Buy rating on Orion Group Holdings (ORN – Research Report) today and set
- 04/30/2020
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McConnell won't support infrastructure in coronavirus bill, Axios reports CAT;CBI;FLR;GVA;MLM;VMC;PWR;EXP;ACM;USCR;J
- McConnell won't support infrastructure in coronavirus bill, Axios reports CAT CBI FLR GVA MLM VMC PWR EXP ACM USCR J
- 04/28/2020
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Analysts Have Conflicting Sentiments on These Consumer Goods Companies: American Eagle (AEO) and Tri Pointe (TPH)
- Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on American Eagle (AEO) and Tri Pointe (TPH). American Eagle (AEO) In a
- 04/24/2020
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Analysts Have Conflicting Sentiments on These Consumer Goods Companies: American Eagle (NYSE: AEO) and Tri Pointe (NYSE: TPH)
- Analysts have been eager to weigh in on the Consumer Goods sector with new ratings on American Eagle (AEO –
- 04/24/2020
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Granite Awarded $245M Site Work Project In Idaho
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Granite Awarded $245 Million Site Work Project in Idaho
- Granite (NYSE:GVA) has been awarded a $245 million subcontract by Fluor Marine Propulsion, LLC (FMP) for the concrete placement construction of the Naval Spent Fuel Handling Facility near Idaho Falls, Idaho. The project was included in Granite’s 2019 Committed and Awarded Projects (CAP)1.
- 04/20/2020
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Fly Intel: After-Hours Movers STLD;EFX;CCK;WES;GVA;LVS;SJM;IBM;ZION;GO;DRI;LLY;CHWY
- Fly Intel: After-Hours Movers STLD EFX CCK WES GVA LVS SJM IBM ZION GO DRI LLY CHWY
- 04/20/2020
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Frontier Capital Management Co. LLC Increases Position in Granite Construction Inc. (NYSE:GVA)
- Frontier Capital Management Co. LLC lifted its position in shares of Granite Construction Inc. (NYSE:GVA) by 82.0% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 700,986 shares of the construction company’s stock after buying an additional 315,896 shares during the period. Frontier Capital Management Co. LLC owned […]
- 04/19/2020
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Granite Construction Inc. (NYSE:GVA) Shares Sold by Alliancebernstein L.P.
- Alliancebernstein L.P. reduced its stake in Granite Construction Inc. (NYSE:GVA) by 39.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 69,590 shares of the construction company’s stock after selling 44,486 shares during the period. Alliancebernstein L.P. owned approximately […]
- 04/16/2020
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Granite’s Steve Clark Appointed to Southern California Partnership for Jobs Board of Directors
- Steve Clark, Granite (NYSE:GVA) vice president of labor relations, has been appointed to the Southern California Partnership for Jobs (SCPFJ) board of directors. Clark will work with SCPFJ Executive Director John Hakel and other board members to advocate for responsible investment in public infrastructure projects. Clark previously served on the board from its inception in 2014 through 2018.
- 04/15/2020
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B.Riley FBR Sticks to Their Buy Rating for Invitation Homes (INVH)
- In a report released today, Alex Rygiel from B.Riley FBR maintained a Buy rating on Invitation Homes (INVH), with a price target of $29.00. The company's
- 04/15/2020
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Analysts Offer Insights on Consumer Goods Companies: Brooks Automation (BRKS) and Select Interior Concepts (SIC)
- There's a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Brooks Automation (BRKS) and Select Interior Concepts
- 04/14/2020
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John G Ullman & Associates Inc Buys GlaxoSmithKline PLC, Verizon Communications Inc, Taiwan ...
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Granite Subsidiary Awarded $11M Pavement Preservation Contract In Texas
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Granite Subsidiary Awarded $11 Million Pavement Preservation Contract in Texas
- Granite (NYSE:GVA) announced today that Intermountain Slurry Seal, Inc., a wholly-owned subsidiary of Granite, has been awarded an $11 million pavement preservation contract by the City of Amarillo, Texas.
- 04/13/2020
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Granite Construction Inc. (NYSE:GVA) Receives Consensus Rating of "Hold" from Analysts
- Shares of Granite Construction Inc. (NYSE:GVA) have earned an average rating of “Hold” from the six analysts that are presently covering the firm, MarketBeat reports. Two analysts have rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the company. The average 12 month […]
- 04/09/2020
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Granite’s Marty McNamara Named Chair of NAPA Committee for Asphalt Research and Technology
- Marty McNamara, Granite (NYSE:GVA) director of quality control, has been named the chairman of the National Asphalt Pavement Association (NAPA) Committee for Asphalt Research and Technology (CART). As NAPA Chairman, McNamara will work with a committee of technical experts to formulate a program that develops, monitors, and implements research and technology activities for the asphalt pavement industry.
- 04/08/2020
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Analysts Offer Insights on Materials Companies: Hecla Mining Company (HL), MasTec (MTZ) and Independence Contract Drilling (ICD)
- Analysts have been eager to weigh in on the Materials sector with new ratings on Hecla Mining Company (HL), MasTec (MTZ) and Independence Contract
- 04/08/2020
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Analysts Offer Insights on Materials Companies: Hecla Mining Company (NYSE: HL), MasTec (NYSE: MTZ) and Independence Contract Drilling (NYSE: ICD)
- Analysts have been eager to weigh in on the Materials sector with new ratings on Hecla Mining Company (HL –
- 04/08/2020
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Builders Firstsource (BLDR) Gets a Hold Rating from B.Riley FBR
- B.Riley FBR analyst Alex Rygiel reiterated a Hold rating on Builders Firstsource (BLDR) yesterday and set a price target of $16.00. The company's shares
- 04/07/2020
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Mason Street Advisors LLC Cuts Stock Position in Granite Construction Inc. (NYSE:GVA)
- Mason Street Advisors LLC lessened its stake in shares of Granite Construction Inc. (NYSE:GVA) by 33.7% during the 4th quarter, Holdings Channel reports. The firm owned 16,280 shares of the construction company’s stock after selling 8,284 shares during the quarter. Mason Street Advisors LLC’s holdings in Granite Construction were worth $450,000 as of its most […]
- 04/07/2020
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Franklin Resources Inc. Has $32.65 Million Stock Position in Granite Construction Inc. (NYSE:GVA)
- Franklin Resources Inc. lifted its stake in Granite Construction Inc. (NYSE:GVA) by 13.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,179,796 shares of the construction company’s stock after purchasing an additional 135,962 shares during the quarter. Franklin Resources Inc. owned 2.52% of Granite […]
- 04/07/2020
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Granite Construction (NYSE:GVA) Shares Up 9.3%
- Granite Construction Inc. (NYSE:GVA)’s share price was up 9.3% on Monday . The company traded as high as $15.61 and last traded at $15.41, approximately 728,777 shares traded hands during mid-day trading. A decline of 18% from the average daily volume of 887,850 shares. The stock had previously closed at $14.10. A number of analysts […]
- 04/07/2020
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Granite Awarded $79 Million Segment of a Multi-Phase CMGC Project to Reconstruct Highway 101 in Southern California
- Granite (NYSE:GVA) announced today it has been awarded a $79 million contract by the California Department of Transportation (Caltrans) to construct the Highway 101: Carpinteria project in Santa Barbara County, California. The $79 million contract award will be booked in Granite’s second quarter 2020 backlog.
- 04/06/2020
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Raymond James & Associates Decreases Stock Holdings in Granite Construction Inc. (NYSE:GVA)
- Raymond James & Associates decreased its holdings in Granite Construction Inc. (NYSE:GVA) by 7.7% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 18,988 shares of the construction company’s stock after selling 1,593 shares during the quarter. Raymond James & Associates’ holdings in Granite […]
- 04/06/2020
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Advisor Group Inc. Lowers Holdings in Granite Construction Inc. (NYSE:GVA)
- Advisor Group Inc. reduced its stake in shares of Granite Construction Inc. (NYSE:GVA) by 24.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 3,072 shares of the construction company’s stock after selling 968 shares during the period. Advisor Group Inc.’s holdings in Granite Construction were […]
- 04/05/2020
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Week In Review: How Trump's Policies Moved Stocks - Saturday, April 4
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Week in Review: How Trump's policies moved stocks XOM;CVX;NBL;XEC;FANG;RDS.A;RDS.B;DVN;BP;COP;MRO;BAC;WFC;C;JPM;MMM;VMC;EXP;GVA;NUE;PWR;J;MLM;DDAIF;FCAU;F;GM;HMC;NSANY;TSLA;TM;VWAGY
- Week in Review: How Trump's policies moved stocks XOM CVX NBL XEC FANG RDS.A RDS.B DVN BP COP MRO BAC WFC C JPM MMM VMC EXP GVA NUE PWR J MLM DDAIF FCAU F GM HMC NSANY TSLA TM VWAGY
- 04/04/2020
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Brinker Capital Inc. Has $326,000 Holdings in Granite Construction Inc. (NYSE:GVA)
- Brinker Capital Inc. lowered its position in shares of Granite Construction Inc. (NYSE:GVA) by 37.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,771 shares of the construction company’s stock after selling 6,941 shares during the quarter. Brinker Capital Inc.’s holdings […]
- 04/04/2020
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Bank of New York Mellon Corp Reduces Holdings in Granite Construction Inc. (NYSE:GVA)
- Bank of New York Mellon Corp decreased its stake in shares of Granite Construction Inc. (NYSE:GVA) by 3.1% during the fourth quarter, HoldingsChannel reports. The firm owned 1,072,879 shares of the construction company’s stock after selling 34,179 shares during the quarter. Bank of New York Mellon Corp’s holdings in Granite Construction were worth $29,687,000 at […]
- 04/04/2020
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Granite Awarded $45 Million Runway Reconstruction Project in Nevada
- Granite (NYSE:GVA) announced today it has been awarded a $45 million contract by the Reno-Tahoe Airport Authority for the Runway 16R-34L Reconstruction Project at the Reno-Tahoe International Airport in Reno, Nevada.
- 04/02/2020
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Shares of several industrial companies are trading higher amid market strength as equities gain on a potential rebound following this quarter's selloff.
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Infrastructure levered stocks rise after Trump calls for $2T stimulus bill VMC;EXP;GVA;NUE;PWR;J;MLM;USCR
- Infrastructure levered stocks rise after Trump calls for $2T stimulus bill VMC EXP GVA NUE PWR J MLM USCR
- 03/31/2020
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Trump pitches infrastructure for phase four Covid-19 legislation
- "With interest rates for United States being at ZERO, this is the time to do our decades long awaited Infrastructure Bill," President Trump writes via Twitter."It should be VERY BIG &
- 03/31/2020
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Analysts' Opinions Are Mixed on These Financial Stocks: Legacy Housing (LEGH), Service Properties (SVC) and Ready Capital (RC)
- Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Legacy Housing (LEGH), Service Properties (SVC) and Ready
- 03/31/2020
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Analysts’ Opinions Are Mixed on These Financial Stocks: Legacy Housing (NASDAQ: LEGH), Service Properties (NASDAQ: SVC) and Ready Capital (NYSE: RC)
- Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Legacy Housing (LEGH
- 03/31/2020
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Bank of America Corp DE Has $23.86 Million Position in Granite Construction Inc. (NYSE:GVA)
- Bank of America Corp DE increased its position in shares of Granite Construction Inc. (NYSE:GVA) by 44.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 862,143 shares of the construction company’s stock after buying an additional 264,661 shares during the quarter. Bank of […]
- 03/31/2020
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Advisors Asset Management Inc. Acquires 4,860 Shares of Granite Construction Inc. (NYSE:GVA)
- Advisors Asset Management Inc. increased its holdings in shares of Granite Construction Inc. (NYSE:GVA) by 12.9% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 42,403 shares of the construction company’s stock after purchasing an additional 4,860 shares during the quarter. Advisors Asset Management […]
- 03/31/2020
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Granite Construction (NYSE:GVA) Shares Down 6.2%
- Granite Construction Inc. (NYSE:GVA)’s stock price fell 6.2% during trading on Friday . The stock traded as low as $13.01 and last traded at $13.46, 835,496 shares traded hands during trading. A decline of 6% from the average session volume of 884,498 shares. The stock had previously closed at $14.35. Several brokerages recently commented on […]
- 03/29/2020
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Granite Declares Quarterly Dividend
- Granite Construction Incorporated (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, 2020, to all shareholders of record at the close of business on March 31, 2020.
- 03/26/2020
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Dycom (DY) Received its Third Buy in a Row
- After Deutsche Bank and D.A. Davidson gave Dycom (NYSE: DY) a Buy rating last month, the company received another Buy, this time from B.Riley FBR. Analyst
- 03/26/2020
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Dycom (DY) Received its Third Buy in a Row
- After Deutsche Bank and D.A. Davidson gave Dycom (NYSE: DY) a Buy rating last month, the company received another Buy,
- 03/26/2020
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Asset Management One Co. Ltd. Sells 6,409 Shares of Granite Construction Inc. (NYSE:GVA)
- Asset Management One Co. Ltd. trimmed its holdings in shares of Granite Construction Inc. (NYSE:GVA) by 5.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 108,096 shares of the construction company’s stock after selling 6,409 shares during the quarter. […]
- 03/26/2020
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Granite Declares Quarterly Dividend
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Mogul Partners with Company Leaders on Diversity and Inclusion to Bring More Women into Positions of Power
- Mogul, one of the largest platforms for women and diverse talent worldwide, reaching 146 million across 196 countries, supports individuals and organizations to achieve their goals and cultivate meaningful success through its pioneering technology solutions and inclusive community.
- 03/25/2020
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Envestnet Asset Management Inc. Sells 8,977 Shares of Granite Construction Inc. (NYSE:GVA)
- Envestnet Asset Management Inc. cut its stake in Granite Construction Inc. (NYSE:GVA) by 23.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 29,894 shares of the construction company’s stock after selling 8,977 shares during the period. Envestnet Asset Management Inc. […]
- 03/25/2020
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Analysts Offer Insights on Financial Companies: Alta Equipment Group (ALTG) and Altisource Portfolio Solutions SA (ASPS)
- There's a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Alta Equipment Group (ALTG) and Altisource Portfolio
- 03/24/2020
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Analysts Offer Insights on Financial Companies: Alta Equipment Group (NYSE: ALTG) and Altisource Portfolio Solutions SA (NASDAQ: ASPS)
- There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Alta Equipment
- 03/24/2020
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Amundi Pioneer Asset Management Inc. Reduces Position in Granite Construction Inc. (NYSE:GVA)
- Amundi Pioneer Asset Management Inc. lessened its position in shares of Granite Construction Inc. (NYSE:GVA) by 13.9% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 785,558 shares of the construction company’s stock after selling 127,303 shares during the quarter. Amundi Pioneer Asset Management Inc. […]
- 03/22/2020
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Great West Life Assurance Co. Can Takes $1.56 Million Position in Granite Construction Inc. (NYSE:GVA)
- Great West Life Assurance Co. Can purchased a new stake in shares of Granite Construction Inc. (NYSE:GVA) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 56,941 shares of the construction company’s stock, valued at approximately $1,563,000. Great West Life Assurance Co. Can owned […]
- 03/20/2020
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Granite Construction (GVA) Gets a Sell Rating from Goldman Sachs
- In a report released today, Jerry Revich from Goldman Sachs maintained a Sell rating on Granite Construction (GVA), with a price target of $10.00. The
- 03/19/2020
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Goldman Sachs Earlier Maintained Sell on Granite Construction, Lowered Price Target to $10
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Granite Wins $20M Railroad Crossing Project In Central California
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Granite Awarded $20 Million Railroad Crossing Project in Central California
- Granite (NYSE:GVA) announced today it has been awarded a $20 million contract by the City of Fresno to construct the Veterans Boulevard Project in Fresno, California.
- 03/19/2020
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Granite Construction (NYSE:GVA) Shares Down 0.9% on Analyst Downgrade
- Granite Construction Inc. (NYSE:GVA)’s stock price was down 0.9% on Wednesday after B. Riley lowered their price target on the stock from $23.00 to $20.00. B. Riley currently has a neutral rating on the stock. Granite Construction traded as low as $9.93 and last traded at $10.01, approximately 573,724 shares traded hands during trading. A […]
- 03/19/2020
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Granite Construction Receives Notice From NYSE Related To Non Compliance With Timely 10-K Filing Requirement; Co. Has 6 Months From Mar. 17, 2020 To File 10-K
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Granite Received NYSE Notice
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA; the "Company") received a notice from the New York Stock Exchange (the “NYSE”) indicating that the Company is not in compliance with Section 802.01E of the NYSE Listed Company Manual as a result of the Company’s failure to timely file its Annual Report on Form 10-K for the year ended December 31, 2019 (the "Form 10-K"). The NYSE informed the Company that under the NYSE’s rules, the Company will have six months f
- 03/18/2020
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3 Value Stocks That Look Cheap After Recent Declines
- These three companies are all trading at a price-to-tangible-book ratio of 0.5 or less Continue reading...
- 03/18/2020
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3 Value Stocks That Look Cheap After Recent Declines
- 3 Value Stocks That Look Cheap After Recent Declines, Stocks: AL,GVA,SIG, release date:Mar 18, 2020
- 03/18/2020
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Granite Construction (NYSE:GVA) Reaches New 12-Month Low Following Analyst Downgrade
- Granite Construction Inc. (NYSE:GVA) shares hit a new 52-week low during trading on Tuesday after B. Riley lowered their price target on the stock from $23.00 to $20.00. B. Riley currently has a neutral rating on the stock. Granite Construction traded as low as $10.27 and last traded at $10.27, with a volume of 6838 […]
- 03/18/2020
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Granite Received NYSE Notice
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FEATURED: GVA Rwanda introduces Canal Box, unlimited fibre internet connection
- Group Vivendi Africa (GVA), Rwanda, a new player on the Rwandan telecommunications market, on Friday launched CanalBox, a very High-Speed Internet connection offer for households and the corporate community in Kigali.
- 03/17/2020
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Granite Provides Update on Form 10-K Filing
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE:GVA) today provides an update regarding its Form 10-K for the fiscal year ended December 31, 2019 (the “Form 10-K”). As reported by Granite in its Form 12b-25 filed with the Securities and Exchange Commission (the “SEC”) on March 3, 2020, the Company was unable to file its Form 10-K within the prescribed time period without unreasonable effort or expense due to Granite’s Audit/Compliance Committee investigation, assis
- 03/17/2020
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B.Riley FBR Maintains a Buy Rating on Century Communities (CCS)
- B.Riley FBR analyst Alex Rygiel maintained a Buy rating on Century Communities (CCS) today and set a price target of $28.00. The company's shares closed
- 03/17/2020
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Trex Company (TREX) Gets a Hold Rating from B.Riley FBR
- In a report released today, Alex Rygiel from B.Riley FBR maintained a Hold rating on Trex Company (TREX), with a price target of $74.00. The company's
- 03/17/2020
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Trex Company (TREX) Gets a Hold Rating from B.Riley FBR
- In a report released today, Alex Rygiel from B.Riley FBR maintained a Hold rating on Trex Company (TREX – Research
- 03/17/2020
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Quanta Services (PWR) Receives a Buy from B.Riley FBR
- In a report released today, Alex Rygiel from B.Riley FBR maintained a Buy rating on Quanta Services (PWR), with a price target of $43.00. The company's
- 03/17/2020
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MYR Group (MYRG) Gets a Hold Rating from B.Riley FBR
- B.Riley FBR analyst Alex Rygiel maintained a Hold rating on MYR Group (MYRG) today and set a price target of $21.00. The company's shares closed last
- 03/17/2020
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MYR Group (MYRG) Gets a Hold Rating from B.Riley FBR
- B.Riley FBR analyst Alex Rygiel maintained a Hold rating on MYR Group (MYRG – Research Report) today and set a
- 03/17/2020
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B.Riley FBR Maintains Their Buy Rating on MasTec (MTZ)
- B.Riley FBR analyst Alex Rygiel maintained a Buy rating on MasTec (MTZ) today and set a price target of $40.00. The company's shares closed last Monday at
- 03/17/2020
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B.Riley FBR Maintains Their Buy Rating on MasTec (MTZ)
- B.Riley FBR analyst Alex Rygiel maintained a Buy rating on MasTec (MTZ – Research Report) today and set a price
- 03/17/2020
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Granite Construction (GVA) Receives a Hold from B.Riley FBR
- In a report released today, Alex Rygiel from B.Riley FBR maintained a Hold rating on Granite Construction (GVA), with a price target of $20.00. The
- 03/17/2020
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Dycom (DY) Receives a Buy from B.Riley FBR
- In a report released today, Alex Rygiel from B.Riley FBR maintained a Buy rating on Dycom (DY), with a price target of $31.00. The company's shares closed
- 03/17/2020
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Dycom (DY) Receives a Buy from B.Riley FBR
- In a report released today, Alex Rygiel from B.Riley FBR maintained a Buy rating on Dycom (DY – Research Report),
- 03/17/2020
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Bluelinx Holdings (BXC) Receives a Buy from B.Riley FBR
- In a report released today, Alex Rygiel from B.Riley FBR maintained a Buy rating on Bluelinx Holdings (BXC), with a price target of $9.00. The company's
- 03/17/2020
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Bluelinx Holdings (BXC) Receives a Buy from B.Riley FBR
- In a report released today, Alex Rygiel from B.Riley FBR maintained a Buy rating on Bluelinx Holdings (BXC – Research
- 03/17/2020
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B. Riley FBR Maintains Neutral on Granite Construction, Lowers Price Target to $20
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Granite Provides Update on Form –…-K Filing
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Here's what you need to know about I-4 Ultimate's delays and funding
- The project is shifting part of the $2.3 billion project to finish later than the agreed-upon 2021 deadline.
- 03/16/2020
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Granite Construction awarded $36 million Folsom Lake Intake project contract
- The El Dorado Irrigation District awarded Watsonville-based Granite Construction a contract on the Folsom Lake intake project.
- 03/16/2020
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Granite Construction Inc. (NYSE:GVA) Shares Purchased by Franklin Resources Inc.
- Franklin Resources Inc. raised its position in shares of Granite Construction Inc. (NYSE:GVA) by 13.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,179,796 shares of the construction company’s stock after purchasing an additional 135,962 shares during the period. Franklin Resources Inc. owned […]
- 03/15/2020
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Granite Construction Inc. (NYSE:GVA) Receives Consensus Rating of "Hold" from Analysts
- Shares of Granite Construction Inc. (NYSE:GVA) have been assigned a consensus recommendation of “Hold” from the seven brokerages that are currently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, two have given a hold recommendation and two have issued a buy recommendation on the company. The […]
- 03/15/2020
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Analysts Offer Insights on Consumer Goods Companies: Silicon Motion (SIMO), Select Interior Concepts (SIC) and RF Industries (RFIL)
- There's a lot to be optimistic about in the Consumer Goods sector as 3 analysts just weighed in on Silicon Motion (SIMO), Select Interior Concepts (SIC)
- 03/13/2020
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NCR quarantine to have minimal economic impact – Neda chief
- MANILA, Philippines - The one-month community quarantine of Metro Manila---the country's economic and financial hub - to contain the spread of 2019 coronavirus disease (COVID-19) would only have a short-term impact on the economy, Socioeconomic Planning Secretary Ernesto M. Pernia said Friday. Pernia, who heads the state planning agency National Economic and Development Authority (Neda), said movement of goods and trade will be unhindered despite the quarantine. As such, the situation will have an "ephemeral hit on the economy at most," Pernia told the Inquirer. Prior to the Metro Manila "community quarantine", Neda had estimated a potential reduction in gross value added (GVA),… Keep on reading: NCR quarantine to have minimal economic impact – Neda chief
- 03/13/2020
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Stocks That Hit 52-Week Lows On Thursday
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Analysts Are Bullish on Top Financial Stocks: Concrete Pumping Holdings (BBCP), Starwood Property (STWD)
- There's a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Concrete Pumping Holdings (BBCP) and Starwood Property
- 03/12/2020
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Analysts Are Bullish on Top Financial Stocks: Concrete Pumping Holdings (BBCP), Starwood Property (STWD)
- There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Concrete Pumping
- 03/12/2020
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B.Riley FBR Sticks to Its Buy Rating for Bluelinx Holdings (BXC)
- B.Riley FBR analyst Alex Rygiel reiterated a Buy rating on Bluelinx Holdings (BXC) today and set a price target of $13.00. The company's shares closed
- 03/12/2020
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Granite Awarded $36 Million Water Infrastructure Project in Northern California
- Granite (NYSE:GVA) announced today it has been awarded a $36 million contract by the El Dorado Irrigation District (EID) for the Folsom Lake Intake Improvements Project in El Dorado Hills, California, located approximately 20 miles east of Sacramento.
- 03/11/2020
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Stocks That Hit 52-Week Lows On Wednesday
- During Wednesday's morning session, 690 stocks hit new 52-week lows.
Intriguing Points:
Boeing (NYSE: BA) was the biggest company on a market cap basis to set a new...
- 03/11/2020
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Granite Wins $36M Contract By El Dorado Irrigation District For Folsom Lake Intake Improvements Project In California
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Stocks That Hit 52-Week Lows On Tuesday
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Granite Construction: A Deeper Look At Heavy Civil Accounting, Return To Conservatism And The Potential Upside Post 10-K Filing
- A deeper look at the company’s accounting indicate that last year’s charges were caused by return to conservative accounting practices and they are unlikely to
- 03/09/2020
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Granite Construction Inc. (NYSE:GVA) Position Increased by Commonwealth of Pennsylvania Public School Empls Retrmt SYS
- Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in shares of Granite Construction Inc. (NYSE:GVA) by 47.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,846 shares of the construction company’s stock after acquiring an […]
- 03/08/2020
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Barclays PLC Boosts Stock Position in Granite Construction Inc. (NYSE:GVA)
- Barclays PLC raised its position in shares of Granite Construction Inc. (NYSE:GVA) by 39.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 81,645 shares of the construction company’s stock after purchasing an additional 23,159 shares during the quarter. Barclays PLC owned 0.17% of […]
- 03/07/2020
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B. Riley Lowers Granite Construction (NYSE:GVA) Price Target to $23.00
- Granite Construction (NYSE:GVA) had its price objective cut by B. Riley from $39.00 to $23.00 in a report issued on Tuesday morning, BenzingaRatingsTable reports. They currently have a neutral rating on the construction company’s stock. B. Riley also issued estimates for Granite Construction’s Q4 2019 earnings at $0.23 EPS, FY2019 earnings at ($1.58) EPS, Q1 […]
- 03/07/2020
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Stocks That Hit 52-Week Lows On Friday
- Friday morning, 940 companies set new 52-week lows.
Interesting Points:
The largest company by market cap to set a new 52-week low was Bank of America (NYSE: BAC).
The...
- 03/06/2020
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Rcm Technologies (RCMT) Receives a Buy from B.Riley FBR
- According to TipRanks.com, Rygiel is a 4-star analyst with an average return of 5.1% and a 55.2% success rate. Rygiel covers the Basic Materials sector,
- 03/06/2020
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Analysts Offer Insights on Materials Companies: Valaris (VAL) and MYR Group (MYRG)
- Analysts fell to the sidelines weighing in on Valaris (VAL) and MYR Group (MYRG) with neutral ratings, indicating that the experts are neither bullish nor
- 03/06/2020
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Charles Schwab Investment Management Inc. Has $14.89 Million Holdings in Granite Construction Inc. (NYSE:GVA)
- Charles Schwab Investment Management Inc. boosted its holdings in shares of Granite Construction Inc. (NYSE:GVA) by 9.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 538,108 shares of the construction company’s stock after buying an additional 45,753 shares during […]
- 03/06/2020
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Granite Construction's Scenario Analysis: Moving To A Buy Rating
- As anticipated, Granite delayed announcing it fourth quarter results as it is investigating prior period reporting for the heavy civil engineering group. The co
- 03/05/2020
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B. Riley Comments on Granite Construction Inc.'s FY2019 Earnings (NYSE:GVA)
- Granite Construction Inc. (NYSE:GVA) – Equities researchers at B. Riley issued their FY2019 EPS estimates for Granite Construction in a report issued on Monday, March 2nd. B. Riley analyst A. Rygiel anticipates that the construction company will post earnings per share of ($1.58) for the year. B. Riley has a “Neutral” rating and a $23.00 […]
- 03/05/2020
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Granite Construction Inc. (NYSE:GVA) Forecasted to Earn Q1 2020 Earnings of ($0.69) Per Share
- Granite Construction Inc. (NYSE:GVA) – Analysts at B. Riley issued their Q1 2020 earnings per share estimates for shares of Granite Construction in a report issued on Monday, March 2nd. B. Riley analyst A. Rygiel expects that the construction company will post earnings of ($0.69) per share for the quarter. B. Riley has a “Neutral” […]
- 03/05/2020
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Stocks That Hit 52-Week Lows On Thursday
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Wall Street Analysts Are Bullish on Top Financial Picks
- There's a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Health Insurance Innovations (HIIQ) and Alta Equipment Group
- 03/04/2020
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Wall Street Analysts Are Bullish on Top Financial Picks
- There’s a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Health Insurance
- 03/04/2020
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Granite Construction (NYSE:GVA) Sets New 1-Year Low After Analyst Downgrade
- Granite Construction Inc. (NYSE:GVA) shares reached a new 52-week low during mid-day trading on Tuesday after B. Riley lowered their price target on the stock from $39.00 to $23.00. B. Riley currently has a neutral rating on the stock. Granite Construction traded as low as $19.42 and last traded at $19.73, with a volume of […]
- 03/04/2020
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Tecnoglass (TGLS) Gets a Buy Rating from B.Riley FBR
- B.Riley FBR analyst Alex Rygiel maintained a Buy rating on Tecnoglass (TGLS) today and set a price target of $8.00. The company's shares closed last
- 03/03/2020
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Tecnoglass (TGLS) Gets a Buy Rating from B.Riley FBR
- B.Riley FBR analyst Alex Rygiel maintained a Buy rating on Tecnoglass (TGLS – Research Report) today and set a price
- 03/03/2020
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B.Riley FBR Sticks to Its Buy Rating for Tutor Perini (TPC)
- In a report released yesterday, Alex Rygiel from B.Riley FBR reiterated a Buy rating on Tutor Perini (TPC), with a price target of $19.00. The company's
- 03/03/2020
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B.Riley FBR Sticks to Its Buy Rating for Tutor Perini (TPC)
- In a report released yesterday, Alex Rygiel from B.Riley FBR reiterated a Buy rating on Tutor Perini (TPC – Research
- 03/03/2020
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Analysts Offer Insights on Materials Companies: MasTec (MTZ) and Ranger Energy Services (RNGR)
- There's a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on MasTec (MTZ) and Ranger Energy Services (RNGR) with bullish
- 03/03/2020
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B.Riley FBR Keeps Their Hold Rating on Granite Construction (GVA)
- B.Riley FBR analyst Alex Rygiel reiterated a Hold rating on Granite Construction (GVA) yesterday and set a price target of $23.00. The company's shares
- 03/03/2020
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B. Riley FBR Reiterates Neutral on Granite Construction, Lowers Price Target to $23
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Fluor: Why Turnaround Is Difficult Despite Experienced New Management Team
- Fluor is under SEC investigation after taking huge charges in Q2 last year. The company's problems do not arise from its execution capabilities but unrealistic
- 03/02/2020
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Granite Reports 2019 Preliminary Select Unaudited Financial Information
- Granite Construction Incorporated (NYSE: GVA) today reports preliminary select unaudited financial information for its fiscal year 2019 and guidance for 2020. Further, Granite will file a Form 12b-25 Notification of Late Filing with the U.S. Securities and Exchange Commission with regard to its 2019
- 03/02/2020
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