|Bid||0.00 x 800|
|Ask||0.00 x 1400|
|Day's Range||44.72 - 48.94|
|52 Week Range||38.55 - 63.39|
|Beta (3Y Monthly)||1.34|
|PE Ratio (TTM)||29.78|
|Earnings Date||Feb 14, 2019 - Feb 18, 2019|
|Forward Dividend & Yield||0.52 (1.16%)|
|1y Target Est||59.71|
Granite Construction (GVA) delivered earnings and revenue surprises of -53.27% and -7.27%, respectively, for the quarter ended December 2018. Do the numbers hold clues to what lies ahead for the stock?
The Watsonville, California-based company said it had net income of 14 cents per share. Earnings, adjusted for costs related to mergers and acquisitions, were 50 cents per share. The contractor and construction ...
Granite (GVA) announced today that its Granite Inliner division in the Water and Mineral Services Group has been awarded a $14 million contract by the City of Hamilton, Ontario for the cleaning, inspection and structural rehabilitation of existing sewers and a $8.5 million contract by the Region of Niagara, Ontario for the Stamford Interceptor Rehabilitation project. Both projects will be completed by LiquiForce, Granite Inliner’s Canadian based rehabilitation services company that serves water and wastewater customers in Canada and Michigan. “These two awards are examples of our growing market share in the trenchless rehabilitation solutions and highlight the value of the LiquiForce team,” said James H. Roberts, President and Chief Executive Officer of Granite.
Granite Construction (GVA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Granite Construction Incorporated will release fourth quarter and fiscal year 2018 financial results on Wednesday, February 20, 2019, before the market opens. The Company will host an investor conference call at 8:00 a.m.
Granite Construction Inc NYSE:GVAView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is moderate and declining Bearish sentimentShort interest | PositiveShort interest is moderate for GVA with between 5 and 10% of shares outstanding currently on loan. However, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on January 29. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding GVA totaled $2.14 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Granite Construction Incorporated announced today that its Board of Directors has declared a quarterly cash dividend of $0.13 per common share. The dividend is payable on April 15, 2019, to all shareholders of record at the close of business on March 29, 2019.
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Granite Construction Incorporated (GVA) announced today that it has established a plan under Rule 10b5-1 of the Securities and Exchange Commission to facilitate common stock repurchases as part of its existing $200 million share repurchase authorization. “With our strong capital structure and our current outlook for growth, we consider Granite shares to be a compelling value and strategic investment under current market conditions,” said James H. Roberts, Granite President and Chief Executive Officer. Through its offices and subsidiaries nationwide, Granite Construction Incorporated (GVA) is a full-suite provider in the transportation, water infrastructure and mineral exploration markets.
Although the masses and most of the financial media blame hedge funds for their exorbitant fee structure and disappointing performance, these investors have proved to have great stock picking abilities over the years (that’s why their assets under management continue to swell). We believe hedge fund sentiment should serve as a crucial tool of an […]
Granite Construction Incorporated (GVA) announced today that it has been selected by the California Department of Transportation (Caltrans) as the Construction Manager/General Contractor (CM/GC) for the estimated $410 million Highway 101 Carpinteria to Santa Barbara Project, and for the estimated $113 million Cosumnes Bridge Replacement CM/GC Project in Sacramento County.
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NEW YORK, Dec. 17, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Granite Construction Incorporated has announced the appointment of Michael W. Barker as Vice President and Corporate Controller. Barker will report to Jigisha Desai, Granite's Senior Vice President and Chief Financial Officer.
Granite (GVA) announced today that it has been awarded a $50 million highway improvement contract by the Nevada Department of Transportation for the US 50 Silver Springs project in Silver Springs, Nevada. Scope of work includes the construction of eight miles of multilane, divided highway including a frontage road and roundabout to replace a four-way stop intersection. The project will improve driver safety by separating the opposing lanes of travel and reducing the number of occurrences of cross traffic with the addition of a frontage road.