Welcome to our dedicated page for Granite Constr news (Ticker: GVA), a resource for investors and traders seeking the latest updates and insights on Granite Constr stock.
Granite Construction Inc. reports news on its U.S. civil infrastructure construction business and construction materials operations. Company updates commonly cover quarterly results, Committed and Awarded Projects, project awards for highways, bridges, tactical infrastructure, transit corridors and roadway rehabilitation, and the use of aggregates, asphalt and other materials within its vertically integrated platform.
Granite news also includes capital allocation and corporate development items, including quarterly dividends and completed acquisitions that expand regional construction and materials markets. The company, incorporated since 1922, serves public and private infrastructure customers and reports developments tied to project selection, public-market funding, materials production, and geographic expansion.
Granite (NYSE: GVA) will release its financial results for the quarter ended June 30, 2026, before the market opens on Thursday, July 30, 2026. The company will host an investor conference call at 8:00 a.m. PT the same day, with live webcast and replay access.
Granite (NYSE:GVA), leading Keystone Bridge Partners JV, has been selected by the Regional Transportation Commission of Washoe County to provide CMAR preconstruction services for the Keystone Avenue Bridge Replacement in Reno, Nevada.
The structurally deficient 1966 bridge will be replaced, with preconstruction running Q2 2026–Q1 2028 and major construction targeted for Q2 2028–Q3 2029. When awarded, the construction phase is anticipated at $50–$60 million.
Granite (NYSE:GVA) has been awarded the West Davis Corridor (SR-177) expansion project by the Utah Department of Transportation. The contract is valued at approximately $116.9 million and will be included in Granite’s Q2 2026 CAP.
The West Point, Utah project extends the corridor by about three miles, adding nine bridges, two pedestrian crossings, roughly 70,000 tons of asphalt paving, and over one million cubic yards of borrow material. Granite will supply materials from its Wells Pit and West Haven AC Plant.
Granite (NYSE:GVA) declared a quarterly cash dividend of $0.13 per common share. The dividend will be paid on July 15, 2026 to shareholders of record as of the close of business on June 30, 2026.
Granite (NYSE:GVA) received an approximately $19 million Progressive Design-Build Guaranteed Maximum Price 1 contract for the Tahoe Cedars Water System Replacement Project from the Tahoe City Public Utility District.
The initial phase runs from mid-June 2026 to October 2026 and is part of a four-year program to modernize aging water infrastructure, improve reliability, cut water loss, and enhance fire protection for the Tahoe Cedars community.
Granite (NYSE:GVA) was awarded a $41 million road construction and widening contract in Orange County, Florida. The project covers All American Boulevard realignment, a new intersection at Clarcona Ocoee Road/Edgewater Drive, and Kennedy Boulevard widening and intersection upgrades.
Funding comes from Orange County Public Works and the Florida Department of Transportation, with support from Orange County Utilities. Work is expected to start in June 2026 and finish by January 2029, and the contract will be added to Granite’s Q2 2026 CAP.
Granite (NYSE:GVA) will redeem all outstanding 3.75% Convertible Senior Notes due 2028 on August 10, 2026 at 100% of principal plus accrued interest. Holders may convert until August 6, 2026 at an increased rate of 21.8116 shares per $1,000. Granite plans cash-and-stock settlement and to unwind related capped call transactions.
Granite Construction (NYSE:GVA) priced a private offering of $600 million aggregate principal amount of 6.375% senior notes due 2034. The notes will be guaranteed by certain domestic subsidiaries and are expected to close on June 2, 2026, subject to customary conditions.
Granite plans to use net proceeds, together with cash on hand and cash from unwinding capped call transactions, to redeem and settle its outstanding 3.75% Convertible Senior Notes due 2028, whose estimated market value is about $827.3 million, and, if any proceeds remain, to repay borrowings under its revolving credit facility and for general corporate purposes.
Granite Construction (NYSE:GVA) plans a private offering of $600 million senior notes due 2034, guaranteed by certain domestic subsidiaries. Net proceeds, plus cash on hand and capped-call unwind payments, are intended to redeem its 3.75% Convertible Senior Notes due 2028 and potentially repay revolving credit borrowings.
Granite (NYSE:GVA) has been awarded the Parks Highway MP 315–325 Reconstruction project by the Alaska Department of Transportation and Public Facilities. The contract is valued at approximately $32 million and represents the second phase of the MP 319–325 CM/GC program begun in 2022.
Work includes about 1.2 million cubic yards of excavation and embankment and 22,000 tons of asphalt. Design and construction planning reduced imported gravel needs from an estimated 50,000 tons to 8,000 tons and maintained traffic flow via a temporary crossing. Construction is expected to start in late Q2 2026 with substantial completion in Q3 2028.