Granite Construction (NYSE:GVA) Rating Lowered to “Hold” at Wall Street Zen

Granite Construction (NYSE:GVA) was downgraded by equities researchers at Wall Street Zen from a “buy” rating to a “hold” rating in a report released on Saturday.

A number of other research firms have also weighed in on GVA. DA Davidson raised their target price on shares of Granite Construction from $130.00 to $155.00 and gave the company a “buy” rating in a report on Friday. The Goldman Sachs Group increased their price objective on shares of Granite Construction from $109.00 to $124.00 and gave the company a “neutral” rating in a research report on Wednesday, January 28th. Weiss Ratings reissued a “buy (b)” rating on shares of Granite Construction in a research note on Monday, December 29th. Finally, Zacks Research upgraded shares of Granite Construction from a “strong sell” rating to a “hold” rating in a report on Monday, January 12th. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Granite Construction presently has an average rating of “Moderate Buy” and an average price target of $139.50.

Granite Construction Trading Up 1.3%

Shares of GVA stock opened at $130.86 on Friday. The company has a current ratio of 1.22, a quick ratio of 1.12 and a debt-to-equity ratio of 0.79. The stock has a market capitalization of $5.71 billion, a price-to-earnings ratio of 35.75 and a beta of 1.34. Granite Construction has a 12-month low of $69.08 and a 12-month high of $136.63. The stock’s 50-day moving average price is $120.28 and its 200-day moving average price is $110.68.

Granite Construction (NYSE:GVA) last released its quarterly earnings results on Thursday, February 12th. The construction company reported $1.40 earnings per share for the quarter, beating the consensus estimate of $1.34 by $0.06. Granite Construction had a return on equity of 24.10% and a net margin of 4.36%.The business had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.15 billion. During the same quarter last year, the business posted $1.23 EPS. The firm’s revenue for the quarter was up 19.2% compared to the same quarter last year. Equities research analysts predict that Granite Construction will post 5.49 EPS for the current fiscal year.

Insider Activity at Granite Construction

In related news, Director Celeste Beeks Mastin sold 7,614 shares of the company’s stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $105.23, for a total transaction of $801,221.22. Following the transaction, the director directly owned 10,206 shares in the company, valued at approximately $1,073,977.38. This represents a 42.73% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.00% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Root Financial Partners LLC bought a new stake in shares of Granite Construction during the 3rd quarter worth approximately $26,000. Newbridge Financial Services Group Inc. bought a new stake in shares of Granite Construction during the fourth quarter worth $29,000. Salomon & Ludwin LLC bought a new stake in shares of Granite Construction during the third quarter worth $42,000. Spire Wealth Management purchased a new stake in shares of Granite Construction during the fourth quarter valued at $46,000. Finally, Federated Hermes Inc. grew its holdings in shares of Granite Construction by 94.6% in the third quarter. Federated Hermes Inc. now owns 436 shares of the construction company’s stock worth $48,000 after purchasing an additional 212 shares during the last quarter.

Trending Headlines about Granite Construction

Here are the key news stories impacting Granite Construction this week:

• Positive Sentiment: Q4 results beat expectations — Granite reported adjusted EPS of $1.40 (vs. $1.34 consensus) and revenue of $1.17B, up ~19% year‑over‑year; management highlighted improved margins and strong backlog conversion. Business Wire: Q4 Results
• Positive Sentiment: Raised FY‑2026 revenue outlook — company gave a revenue range of $4.9B–$5.1B and signaled momentum into 2026, supporting growth expectations and pushing upward guidance sensitivity. Investing.com: Revenue Outlook
• Positive Sentiment: Management outlined 6%–8% organic growth target for 2026 driven by acquisitions and margin expansion — clear growth targets give investors a roadmap for revenue and profit improvement. Seeking Alpha: 2026 Growth Targets
• Neutral Sentiment: Analyst upgrade and price‑target lift — DA Davidson moved to a “buy” and raised its target to $155, implying material upside from current levels and providing a near‑term catalyst for momentum. Benzinga: DA Davidson Upgrade
• Neutral Sentiment: Dividend declared — Granite set a $0.13 quarterly dividend (ex‑div March 31, pay April 15), a modest yield (~0.4%) that supports shareholder return but is not a major income draw.
• Negative Sentiment: Valuation and expectations — the stock trades at a relatively rich multiple (PE ~37.7), so much of the positive lean on continued margin expansion and execution; any slippage in backlog conversion or cost pressure could weigh on shares.

Granite Construction Company Profile

Granite Construction Inc is a publicly traded heavy civil contractor and construction materials producer based in Watsonville, California. The company specializes in delivering large-scale infrastructure projects for government and private clients, focusing on the development, rehabilitation and maintenance of transportation, water resource and industrial facilities. Its turnkey solutions span the full project lifecycle, from preconstruction and design-build to construction management and facilities maintenance.

In its construction segment, Granite undertakes highway and bridge building, airport runway and taxiway construction, marine terminal and port improvements, dam and reservoir projects, transit systems and underground utilities.