Granite Construction

77.96
1.63 (2.14%)
At close: Apr 02, 2025, 3:59 PM
77.93
-0.04%
After-hours: Apr 02, 2025, 06:17 PM EDT

Granite Construction Statistics

Share Statistics

Granite Construction has 43.43M shares outstanding. The number of shares has increased by -1.62% in one year.

Shares Outstanding 43.43M
Shares Change (YoY) -1.62%
Shares Change (QoQ) -0.64%
Owned by Institutions (%) 99.99%
Shares Floating 42.98M
Failed to Deliver (FTD) Shares 37
FTD / Avg. Volume 0.01%

Short Selling Information

The latest short interest is 4.43M, so 10.15% of the outstanding shares have been sold short.

Short Interest 4.43M
Short % of Shares Out 10.15%
Short % of Float 10.23%
Short Ratio (days to cover) 7.57

Valuation Ratios

The PE ratio is 30.44 and the forward PE ratio is 16.15. Granite Construction's PEG ratio is 0.16.

PE Ratio 30.44
Forward PE 16.15
PS Ratio 0.96
Forward PS 0.7
PB Ratio 3.79
P/FCF Ratio 12.02
PEG Ratio 0.16
Financial Ratio History

Enterprise Valuation

Granite Construction has an Enterprise Value (EV) of 4.1B.

EV / Sales 1.02
EV / EBITDA 11.66
EV / EBIT 8.99
EV / FCF 12.82

Financial Position

The company has a current ratio of 1.66, with a Debt / Equity ratio of 0.82.

Current Ratio 1.66
Quick Ratio 1.56
Debt / Equity 0.82
Debt / EBITDA 2.37
Debt / FCF 2.6
Interest Coverage 7.1

Financial Efficiency

Return on Equity is 12.45% and Return on Invested Capital is 7.37%.

Return on Equity 12.45%
Return on Assets 4.18%
Return on Invested Capital 7.37%
Revenue Per Employee $1.74M
Profits Per Employee $54.93K
Employee Count 2,300
Asset Turnover 1.32
Inventory Turnover 31.75

Taxes

Income Tax 55.75M
Effective Tax Rate 28.42%

Stock Price Statistics

The stock price has increased by 35.47% in the last 52 weeks. The beta is 1.36, so Granite Construction's price volatility has been higher than the market average.

Beta 1.36
52-Week Price Change 35.47%
50-Day Moving Average 82.04
200-Day Moving Average 80.19
Relative Strength Index (RSI) 45.24
Average Volume (20 Days) 680.85K

Income Statement

In the last 12 months, Granite Construction had revenue of 4.01B and earned 126.35M in profits. Earnings per share was 2.88.

Revenue 4.01B
Gross Profit 572.7M
Operating Income 207.36M
Net Income 126.35M
EBITDA 351.71M
EBIT 225.38M
Earnings Per Share (EPS) 2.88
Full Income Statement

Balance Sheet

The company has 578.33M in cash and 832.85M in debt, giving a net cash position of -254.52M.

Cash & Cash Equivalents 578.33M
Total Debt 832.85M
Net Cash -254.52M
Retained Earnings 604.63M
Total Assets 3.03B
Working Capital 684.7M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 456.34M and capital expenditures -136.41M, giving a free cash flow of 319.94M.

Operating Cash Flow 456.34M
Capital Expenditures -136.41M
Free Cash Flow 319.94M
FCF Per Share 7.3
Full Cash Flow Statement

Margins

Gross margin is 14.29%, with operating and profit margins of 5.17% and 3.15%.

Gross Margin 14.29%
Operating Margin 5.17%
Pretax Margin 4.9%
Profit Margin 3.15%
EBITDA Margin 8.78%
EBIT Margin 5.17%
FCF Margin 7.98%

Dividends & Yields

GVA pays an annual dividend of $0.52, which amounts to a dividend yield of 0.69%.

Dividend Per Share $0.52
Dividend Yield 0.69%
Dividend Growth (YoY) 0%
Payout Ratio 19.85%
Earnings Yield 3.29%
FCF Yield 8.32%
Dividend Details

Analyst Forecast

The average price target for GVA is $70, which is -8.2% lower than the current price. The consensus rating is "Sell".

Price Target $70
Price Target Difference -8.2%
Analyst Consensus Sell
Analyst Count 1
Stock Forecasts

Stock Splits

The last stock split was on Apr 16, 2001. It was a forward split with a ratio of 3:2.

Last Split Date Apr 16, 2001
Split Type forward
Split Ratio 3:2

Scores

Altman Z-Score 3.17
Piotroski F-Score 7