Granite Construction Inc.
General ticker "GVA" information:
- Sector: Industrials
- Industry: Construction & Engineering
- Capitalization: $4.2B
Granite Construction Inc. follows the US Stock Market performance with the rate: 71.9%.
Estimated limits based on current volatility of 1.7%: low 89.10$, high 92.26$
Factors to consider:
- Company pays dividends: last record date 2024-09-30, amount 0.13$ (Y0.57%)
- Company does not operate outside US (retrieved using AI)
- Current price 26.1% above estimated high
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [45.45$, 71.90$]
- 2024-12-30 to 2025-12-30 estimated range: [54.15$, 82.91$]
Financial Metrics affecting the GVA estimates:
- Positive: Non-GAAP EPS, $ of 3.13 > 2.29
- Positive: 1.03 < Operating profit margin, % of 2.30
- Positive: 6.94 < Industry operating cash flow per share per price (median), % of 8.83
- Positive: -0.25 < Return on assets ratio (scaled to [-100,100]) of 1.04
- Negative: Investing cash flow per share, $ of -8.19 <= -3.48
- Positive: 2.14 < Industry operating profit margin (median), % of 5.39
- Positive: 7.18 < Operating cash flow per share per price, % of 8.65
- Positive: Interest expense per share, $ of 0.42 <= 0.74
Short-term GVA quotes
Long-term GVA plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $3,466.95MM | $3,289.75MM | $3,487.27MM |
| Operating Expenses | $3,442.24MM | $3,204.37MM | $3,407.20MM |
| Operating Income | $24.72MM | $85.38MM | $80.06MM |
| Non-Operating Income | $-2.59MM | $6.44MM | $-20.21MM |
| Interest Expense | $20.28MM | $12.62MM | $18.46MM |
| Income(Loss) | $22.13MM | $91.82MM | $59.85MM |
| Taxes | $19.71MM | $12.96MM | $30.27MM |
| Profit(Loss) | $2.41MM | $78.86MM | $29.59MM |
| Stockholders Equity | $967.68MM | $953.02MM | $977.30MM |
| Inventory | $61.97MM | $86.81MM | $103.90MM |
| Assets | $2,494.93MM | $2,167.93MM | $2,813.54MM |
| Operating Cash Flow | $21.93MM | $55.65MM | $183.71MM |
| Capital expenditure | $94.81MM | $121.61MM | $140.38MM |
| Investing Cash Flow | $-21.48MM | $-11.00MM | $-359.29MM |
| Financing Cash Flow | $-24.45MM | $-164.31MM | $299.25MM |
| Earnings Per Share* | $0.18 | $1.87 | $0.99 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.