Granite Construction (GVA) Stock Forecast & Price Target

GVA price $119.90 +8.23 +7.37%

Ticker
GVA
Price
$119.90
Change
+8.23 +7.37%
Market cap ?
$5.25B
P/E ?
-29.61
Forward P/E ?
16.27
Dividend yield ?
0.47%
Beta ?
1.35
Sector
Industrials
Industry
Engineering & Construction
Stocklytics score
62
Value
52
Quality
40
Growth
94

Stocklytics score rationale: value 52, quality 40, growth 94.

Financials

2016201720182019202020212022202320242025
2514617000298971300033184140002914877000356245900035018650003301256000350913800040075740004424379000

Granite Construction Incorporated is a leading U.S. company that functions as both an infrastructure contractor and a producer of essential construction materials. Its activities are primarily divided into two key segments: Construction and Materials. The Construction division is responsible for developing and restoring public infrastructure, encompassing roadways, bridges, rail systems, airports, marine facilities…

Fair value

GVA fair value $228.98. Price $119.90. Price is 48% below fair value.

Below fair value, and cheaper than usual. A larger discount than on more than 99% of days in the past 5 years.

Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.

Calculated with a 10-year free-cash-flow discount. Starting free cash flow 231.30M. Growth 20.00%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 11.71% (beta 1.3). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 43.76M. Net debt 1.09B. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the median P/E of the company's industry. That median uses listed stocks worth at least $10 billion with a positive P/E of 100 or below, and the industry needs at least eight of them. Otherwise the sector median is used when that group also has at least eight, then the market median of those large companies. The multiple used is the lower of that median and 1.25 times the stock's own 10-year median P/E, then kept between 8 and 30. If the stock has no 10-year median, the peer median is kept between 8 and 30. Fair value is the average of the cash-flow value and the earnings value when both exist. Card and credit companies use the earnings value only, because changes in customer receivables distort free cash flow. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.

Compare GVA

Earnings

DateEPS actualEPS estimateRevenueRevenue estimate
2026-10-293.813.271.77B1.70B
2026-07-302.162.251.46B1.41B
2026-04-30-0.96-0.77912.47M782.26M
2026-02-121.401.341.17B1.15B
2025-11-062.702.561.43B1.48B
2025-08-071.931.771.13B1.16B
2025-05-01-0.77-0.43699.55M706.15M
2025-02-131.231.27977.30M949.86M
2024-10-312.052.471.28B1.29B
2024-08-011.731.321.08B1.01B
2024-05-02-0.21-0.35672.00M666.61M
2024-02-220.820.88934.00M838.89M
2023-10-311.691.451.12B1.08B
2023-07-271.030.99898.55M924.09M
2023-05-02-0.410.03560.07M648.10M
2023-02-160.560.34789.21M732.21M
2022-10-271.410.931.01B983.66M
2022-07-280.380.62768.29M819.76M
2022-04-28-0.29-0.27547.59M542.66M
2022-02-25-0.290.39683.20M960.70M
2021-10-280.730.961.06B1.12B
2021-07-290.910.52834.67M823.69M
2021-05-07-1.45-0.64566.33M489.87M
2021-03-300.410.49945.57M865.51M
2021-02-25-1.44-0.681.07B909.84M
2020-06-300.07—915.77M—
2020-03-31-1.44—635.93M—
2019-12-311.10—948.15M—
2019-10-250.431.441.09B3.64B
2019-08-02-2.09-2.04789.54M147.33M
2019-04-26-0.74-0.20619.80M167.51M
2019-02-200.141.07892.33M6.31B
2018-10-261.171.311.06B1.18B
2018-08-08-0.200.92807.12M3.27B
2018-04-30-0.13-0.35563.38M679.97M
2018-02-160.810.65801.27M643.02M
2017-10-271.141.06957.13M889.94M
2017-08-010.350.57762.91M1.24B
2017-05-02-0.60-0.21468.40M163.94M
2017-02-170.400.58666.68M966.72M

Dividends

Yield 0.43%. Payout ratio 11.77%. Frequency Quarterly.

Safety score 91/100 · Safe. Payout ratio is 12% of earnings. Dividends use less than 40% of free cash flow. Dividends were paid in 36 separate years. Yield is 0.4%, which is modest.

Ex-dateDividendRecordPaymentFrequency
2026-09-30$0.132026-09-302026-10-15Quarterly
2026-06-30$0.132026-06-302026-07-15Quarterly
2026-03-31$0.132026-03-312026-04-15Quarterly
2025-12-31$0.132025-12-312026-01-15Quarterly
2025-09-30$0.132025-09-302025-10-15Quarterly
2025-06-30$0.132025-06-302025-07-15Quarterly
2025-03-31$0.132025-03-312025-04-15Quarterly
2024-12-31$0.132024-12-312025-01-15Quarterly
2024-09-30$0.132024-09-302024-10-15Quarterly
2024-06-28$0.132024-06-282024-07-15Quarterly
2024-03-27$0.132024-03-282024-04-15Quarterly
2023-12-28$0.132023-12-292024-01-12Quarterly
2023-09-28$0.132023-09-292023-10-13Quarterly
2023-06-29$0.132023-06-302023-07-14Quarterly
2023-03-30$0.132023-03-312023-04-14Quarterly
2022-12-29$0.132022-12-302023-01-13Quarterly
2022-09-29$0.132022-09-302022-10-14Quarterly
2022-06-29$0.132022-06-302022-07-15Quarterly
2022-03-30$0.132022-03-312022-04-14Quarterly
2021-12-30$0.132021-12-312022-01-14Quarterly
2021-09-29$0.132021-09-302021-10-15Quarterly
2021-06-29$0.132021-06-302021-07-15Quarterly
2021-03-30$0.132021-03-312021-04-15Quarterly
2020-12-30$0.132020-12-312021-01-15Quarterly
2020-09-29$0.132020-09-302020-10-15Quarterly
2020-06-29$0.132020-06-302020-07-15Quarterly
2020-03-30$0.132020-03-312020-04-15Quarterly
2019-12-30$0.132019-12-312020-01-15Quarterly
2019-09-27$0.132019-09-302019-10-15Quarterly
2019-06-27$0.132019-06-282019-07-15Quarterly
2019-03-28$0.132019-03-292019-04-15Quarterly
2018-12-28$0.132018-12-312019-01-15Quarterly
2018-09-27$0.132018-09-282018-10-12Quarterly
2018-06-28$0.132018-06-292018-07-13Quarterly
2018-03-28$0.132018-03-302018-04-13Quarterly
2017-12-28$0.132017-12-292018-01-12Quarterly
2017-09-28$0.132017-09-292017-10-13Quarterly
2017-06-28$0.132017-06-302017-07-14Quarterly
2017-03-29$0.132017-03-312017-04-14Quarterly
2016-12-28$0.132016-12-302017-01-13Quarterly
2016-09-28$0.132016-09-302016-10-14Quarterly
2016-06-28$0.132016-06-302016-07-15Quarterly
2016-03-29$0.132016-03-312016-04-15Quarterly
2015-12-29$0.132015-12-312016-01-15Quarterly
2015-09-28$0.132015-09-302015-10-15Quarterly
2015-06-26$0.132015-06-302015-07-15Quarterly
2015-03-27$0.132015-03-312015-04-15Quarterly
2014-12-29$0.132014-12-312015-01-15Quarterly
2014-09-26$0.132014-09-302014-10-15Quarterly
2014-06-26$0.132014-06-302014-07-15Quarterly
2014-03-27$0.132014-03-312014-04-15Quarterly
2013-12-27$0.132013-12-312014-01-15Quarterly
2013-09-26$0.132013-09-302013-10-15Quarterly
2013-06-26$0.132013-06-282013-07-12Quarterly
2013-03-26$0.132013-03-292013-04-15Quarterly
2012-12-27$0.132012-12-312013-01-15Quarterly
2012-09-26$0.132012-09-282012-10-15Quarterly
2012-06-27$0.132012-06-292012-07-13Quarterly
2012-03-28$0.132012-03-302012-04-13Quarterly
2011-12-28$0.132011-12-302012-01-13Quarterly
2011-09-28$0.132011-09-302011-10-14Quarterly
2011-06-28$0.132011-06-302011-07-15Quarterly
2011-03-29$0.132011-03-312011-04-15Quarterly
2010-12-29$0.132010-12-312011-01-14Quarterly
2010-09-28$0.132010-09-302010-10-15Quarterly
2010-06-28$0.132010-06-302010-07-15Quarterly
2010-03-29$0.132010-03-312010-04-15Quarterly
2009-12-29$0.132009-12-312010-01-15Quarterly
2009-09-28$0.132009-09-302009-10-15Quarterly
2009-06-26$0.132009-06-302009-07-15Quarterly
2009-03-27$0.132009-03-312009-04-15Quarterly
2008-12-29$0.132008-12-312009-01-15Quarterly
2008-09-26$0.132008-09-302008-10-15Quarterly
2008-06-26$0.132008-06-302008-07-15Quarterly
2008-03-27$0.132008-03-312008-04-15Quarterly
2007-12-18$0.132007-12-202008-01-15Quarterly
2007-09-26$0.102007-09-302007-10-15Quarterly
2007-06-27$0.102007-06-302007-07-13Quarterly
2007-03-28$0.102007-03-312007-04-13Quarterly
2006-12-27$0.102006-12-292007-01-15Quarterly

Insider trades

DateInsiderActionSharesPriceValue
2026-08-06NASH GEORGEBuy993——
2026-08-06HERNANDEZ CARLOS MBuy400$123.9949.60K
2026-08-05NASH GEORGEOther0——
2026-06-15Romer John TimothyBuy102$144.3214.72K
2026-06-15Romer John TimothyBuy273$143.4039.15K
2026-06-12Romer John TimothyBuy375$141.7953.17K
2026-06-08CALDERA LOUIS EBuy1.04K——
2026-06-08CAMPBELL MOLLYBuy1.04K——
2026-06-08HERNANDEZ CARLOS MBuy1.04K——
2026-06-08Krusi AlanBuy1.04K——
2026-06-08McNally Michael FBuy1.50K——
2026-06-08Mastin Celeste BeeksBuy1.04K——
2026-06-08Mullen Laura MBuy1.04K——
2026-06-08Romer John TimothyBuy1.04K——
2026-06-08Tatusko Michael GSell7.50K$141.001.06M
2026-06-08Williams Bradley JaySell6.73K$141.00949.49K
2026-03-30Larkin Kyle TSell1.85K$115.72213.61K
2026-03-30Larkin Kyle TSell8.29K$116.46965.49K
2026-03-30Larkin Kyle TSell1.59K$117.09185.94K
2026-03-30Larkin Kyle TSell300$118.7335.62K
2026-03-27Larkin Kyle TSell13.07K$117.801.54M
2026-03-27Larkin Kyle TSell12.29K$118.341.45M
2026-03-27Larkin Kyle TSell1.30K$119.19154.94K
2026-03-27WOOLSEY STACI MSell3.50K$118.58415.15K
2026-03-27Dowd Brian RSell2.02K$118.58240.12K
2026-03-27Dowd Brian RSell4.05K$120.00486.00K
2026-03-23Williams Bradley JaySell3.15K$119.65376.66K
2026-03-23Williams Bradley JaySell1.37K$119.65164.16K
2026-03-23Williams Bradley JaySell533$119.6563.77K
2026-03-23Dowd Brian RSell3.99K$119.65476.92K
2026-03-23Dowd Brian RSell1.74K$119.65207.83K
2026-03-23Dowd Brian RSell632$119.6575.62K
2026-03-23Tatusko Michael GSell3.47K$119.65415.07K
2026-03-23Tatusko Michael GSell1.51K$119.65180.91K
2026-03-23WOOLSEY STACI MSell3.09K$119.65369.72K
2026-03-23WOOLSEY STACI MSell1.35K$119.65161.05K
2026-03-23Larkin Kyle TSell27.91K$119.653.34M
2026-03-23Larkin Kyle TSell12.16K$119.651.45M
2026-03-19WOOLSEY STACI MSell1.52K$119.84182.52K
2026-03-19Larkin Kyle TSell7.31K$119.84876.51K
2026-03-14Estes Bradly JSell201$120.7324.27K
2026-03-14Tatusko Michael GSell371$120.7344.79K
2026-03-14Tatusko Michael GSell275$120.7333.20K
2026-03-14Tatusko Michael GSell234$120.7328.25K
2026-03-14WOOLSEY STACI MSell330$120.7339.84K
2026-03-14WOOLSEY STACI MSell316$120.7338.15K
2026-03-14WOOLSEY STACI MSell375$120.7345.27K
2026-03-14Larkin Kyle TSell2.98K$120.73360.02K
2026-03-14Larkin Kyle TSell2.52K$120.73304.84K
2026-03-14Larkin Kyle TSell2.07K$120.73250.27K
2026-03-13Dowd Brian RBuy7.83K——
2026-03-13Dowd Brian RBuy3.41K——
2026-03-13Dowd Brian RBuy1.24K——
2026-03-13Williams Bradley JayBuy7.34K——
2026-03-13Williams Bradley JayBuy3.20K——
2026-03-13Williams Bradley JayBuy1.24K——
2026-03-13Estes Bradly JBuy1.66K——
2026-03-13Estes Bradly JBuy1.24K——
2026-03-13Tatusko Michael GBuy8.81K——
2026-03-13Tatusko Michael GBuy3.84K——
2026-03-13Tatusko Michael GBuy1.24K——
2026-03-13WOOLSEY STACI MBuy6.07K——
2026-03-13WOOLSEY STACI MBuy2.65K——
2026-03-13WOOLSEY STACI MBuy1.66K——
2026-03-13Larkin Kyle TBuy54.84K——
2026-03-13Larkin Kyle TBuy23.89K——
2026-03-13Larkin Kyle TBuy8.28K——
2025-11-24Mastin Celeste BeeksSell7.61K$105.23801.26K
2025-11-12WOOLSEY STACI MSell1.50K$103.00154.50K
2025-11-05WOOLSEY STACI MSell187$102.7619.22K
2025-09-15Romer John TimothyBuy1.01K——
2025-09-15Romer John TimothyBuy942——
2025-09-08Romer John TimothyOther0——
2025-08-28Dowd Brian RSell2.02K$110.16223.07K
2025-08-28CALDERA LOUIS ESell1.50K$110.16165.24K
2025-08-21Tatusko Michael GSell2.00K$110.00220.00K
2025-08-12CAMPBELL MOLLYBuy1.32K——
2025-08-12Krusi AlanBuy1.32K——
2025-08-12Mastin Celeste BeeksBuy1.32K——
2025-08-12Mullen Laura MBuy1.32K——
2025-08-12McNally Michael FBuy1.92K——
2025-08-12HERNANDEZ CARLOS MBuy1.32K——
2025-08-12CALDERA LOUIS EBuy1.32K——
2025-08-12CALDERA LOUIS EBuy1.23K——
2025-08-12CAMPBELL MOLLYBuy1.23K——
2025-08-12Krusi AlanBuy1.23K——
2025-08-12Mastin Celeste BeeksBuy1.23K——
2025-08-12Mullen Laura MBuy1.23K——
2025-08-12McNally Michael FBuy1.83K——
2025-08-12HERNANDEZ CARLOS MBuy1.23K——
2025-05-28Dowd Brian RSell2.02K$91.76185.81K
2025-05-13Williams Bradley JaySell2.81K$85.00238.94K
2025-05-13Radich James ASell2.50K$85.00212.50K
2025-05-12Krusi AlanBuy1.25K$82.63103.29K
2025-04-29Larkin Kyle TSell12.06K$80.50970.83K
2025-04-29Larkin Kyle TSell10.94K$81.20888.25K
2025-04-28Larkin Kyle TSell3.62K$80.38290.73K
2025-04-25Larkin Kyle TSell401$80.0532.10K
2025-04-24Larkin Kyle TSell2.79K$80.02223.26K
2025-03-24Tatusko Michael GSell1.73K$77.71134.44K

Institutional holders

Latest filed quarter: Q2 2026.

Institutions holding: 460, holders +46 vs prior quarter. Ownership 114.17%.

HolderSharesChangeChange %Value
BLACKROCK, INC.6.87M312.69K+4.77%1.09B
FMR LLC5.71M1.27M+28.72%902.19M
VANGUARD PORTFOLIO MANAGEMENT LLC2.44M38.42K+1.60%385.71M
STATE STREET CORP2.33M81.65K+3.64%368.06M
VANGUARD CAPITAL MANAGEMENT LLC1.97M17.43K+0.89%311.47M
FIRST TRUST ADVISORS LP1.32M-77.44K-5.54%208.69M
GEODE CAPITAL MANAGEMENT, LLC1.27M203.90K+19.08%201.16M
FRONTIER CAPITAL MANAGEMENT CO LLC1.12M-68.86K-5.80%176.87M
HILL CITY CAPITAL, LP1.11M200+0.02%175.51M
MILLENNIUM MANAGEMENT LLC1.09M-73.14K-6.31%171.71M
DIMENSIONAL FUND ADVISORS LP1.06M-4.97K-0.47%167.98M
HOOD RIVER CAPITAL MANAGEMENT LLC871.25K-18.24K-2.05%137.73M
MORGAN STANLEY799.00K-51.16K-6.02%126.31M
PRICE T ROWE ASSOCIATES INC /MD/798.95K424.48K+113.36%126.30M
FULLER & THALER ASSET MANAGEMENT, INC.715.25K-134.03K-15.78%113.07M
INVESCO LTD.709.54K146.88K+26.10%112.16M
BNP PARIBAS FINANCIAL MARKETS693.95K124.53K+21.87%109.70M
BANK OF MONTREAL /CAN/657.90K514+0.08%104.00M
AMERICAN CENTURY COMPANIES INC574.86K-453.46K-44.10%90.87M
NORTHERN TRUST CORP570.56K34.41K+6.42%90.19M
NUVEEN, LLC567.65K-65.92K-10.40%89.73M
CHARLES SCHWAB INVESTMENT MANAGEMENT INC553.86K-8.22K-1.46%87.55M
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P.553.86K553.86KNew87.55M
SYSTEMATIC FINANCIAL MANAGEMENT LP514.95K-10.35K-1.97%81.40M
ALLIANCEBERNSTEIN L.P.635.95K-11.61K-1.79%76.24M

Forecast

Consensus Buy from 5 analysts. Average price target $159.67, +33.2% versus the current price. Low $119.00. High $180.00.

Insights · Dividends · Forecast · Financials · Learn

Stocklytics home · Screener

Analysts have an average 12-month price target of $159.67 for Granite Construction (GVA), 30.8% above the current price of $122.11. Of 5 analysts covering the stock, 4 rate it Buy or Strong Buy, 0 Hold, and 1 Sell or Strong Sell, giving a consensus of Buy.

Forecasts are third-party estimates and often wrong. They are not investment advice.

GVA price target

12-month price target
Low$119.00
Average$159.67
High$180.00

The average is 30.8% above the current price of $122.11.

Is Granite Construction a buy or sell?

Of 5 analysts, 4 rate Granite Construction Buy or Strong Buy, 0 Hold, and 1 Sell or Strong Sell. The consensus label is Buy. That split is not a recommendation.

Granite Construction earnings and revenue forecast

Analyst averages on file: 2026, EPS -3.93, revenue $5.40 billion. 2027, EPS $7.37, revenue $5.91 billion.

GVA score and fair value

The Stocklytics Score for GVA is 62 out of 100. It averages value, quality, and growth against a large-cap US universe. It is not a price target and not a buy or sell rating. Fair value is a separate estimate on the fair value tab.

GVA forecast FAQs

What is the GVA price target?

$159.67 average, with a published range of $119.00 to $180.00.

Is Granite Construction a buy or sell?

The consensus is Buy from 5 analysts. This is not a recommendation.

What is the Granite Construction stock forecast for 2026?

Analysts' average EPS estimate for 2026 on file is -3.93. The average revenue estimate is $5.40 billion.

What will GVA be worth in 2030?

No reliable forecast exists that far out.

When is Granite Construction's next earnings report?

The next earnings date is shown on the stock page when a future report is on the calendar. This forecast does not invent a date.

Capital is at risk. Stocklytics is operated by Stocklytics Inc., a Marshall Islands company. It is not regulated by the FCA and does not give investment advice.

Granite Construction (GVA) Stock Forecast & Price Target

GVA$119.90+8.23 +7.37%

$5.25B

Market Cap

-29.61

P/E

16.27

Forward P/E

62

Score

Price History