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Granite Construction (GVA) Stock News

GVA NYSE

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.

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Granite (GVA) has won an approximately $16 million contract from the City of Woodinville, Washington, for road widening and trestle replacement. The SR 202 Widening and Trestle Replacement Project—Phase B will be included in Granite's fourth-quarter 2026 CAP.

The work will widen SR 202/131st Avenue NE from five lanes to eight between NE 177th Street and NE 175th Street and replace the railroad trestle with a pedestrian bridge. Granite's Smith Island asphalt plant and Granite Falls aggregate facility will supply materials. Work will begin in the fourth quarter of 2026, with completion anticipated in the fourth quarter of 2027.

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Granite (NYSE:GVA) has won an approximately $11 million contract from the U.S. Army Corps of Engineers for an aircraft arresting system.

The project at Homestead Air Reserve Base in Homestead, Florida, covers construction and installation of a BAK-12/14 system, an emergency stopping mechanism for aircraft, along with runway striping. The award will be included in Granite’s third quarter 2026 CAP. Construction is expected to be completed in fourth quarter 2027. Granite said the project combines its Federal Division’s expertise with its Florida regional team’s resources as part of its effort to grow its Federal business.

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Granite (NYSE: GVA) will release its quarterly financial results before the market opens on October 29, 2026.

The results cover the quarter ended September 30, 2026. An earnings presentation will be available on its Investor Relations website at the same time. Granite will host an investor conference call at 8:00 a.m. PT that day, with a live webcast and an archive available approximately one hour after the call.

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Granite (GVA) announced that its joint venture with Super Excavators won an approximately $324.8 million contract for Cleveland’s Big Creek Tunnel.

The Northeast Ohio Regional Sewer District awarded the project, the last of seven large-diameter combined sewer overflow storage tunnels under Project Clean Lake. Granite’s work includes 22,300 linear feet of 20-foot-diameter tunnel, 3,115 linear feet of ancillary tunnels and associated structures. Construction is scheduled to begin in fall 2026, with completion expected in winter 2030. Granite expects the completed project to eliminate 550 million gallons of combined sewer releases annually.

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Granite (NYSE:GVA) announced that its GO3JV joint venture won an approximately $165 million task order for Guam Defense System infrastructure.

The award falls under the Guam Multiple Award Construction Contract and covers Forward Operating Sites for the Naval Facilities Engineering Systems Command (NAVFAC). It will be included in third-quarter CAP. Work includes site preparation, utility installation, facility construction, transportation improvements and related infrastructure. Construction is anticipated to begin in 2026, with completion expected in late 2029.

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Granite (GVA) has joined Plug and Play's Real Estate & Construction program in Silicon Valley to advance technology-driven infrastructure innovation.

Through Plug and Play's global innovation platform, Granite will work with startups, industry leaders, and entrepreneurs to identify solutions that improve how infrastructure is planned, built, and maintained. The company aims to leverage emerging technologies to enhance project delivery, boost operational performance, and create long-term value for customers and communities.

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Granite (GVA) declared a quarterly cash dividend of $0.13 per common share.

The dividend will be paid on October 15, 2026 to shareholders of record as of the close of business on September 30, 2026.

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Granite (GVA) received a contract worth approximately $23.7 million from the Federal Highway Administration’s Western Federal Lands Highway Division to rehabilitate Two Medicine Road in Glacier National Park, Montana.

The project will rebuild 7.22 miles of the primary access road to the park’s Two Medicine area and will be included in Granite’s third quarter CAP. Work includes reconstruction, paving, drainage, stream channel restoration, parking restoration, and new visitor amenities, using full-depth reclamation to recycle existing pavement. Construction is scheduled to start in fall 2026 and finish in late 2027.

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Granite (NYSE:GVA) announced it has been awarded a progressive design build contract by the University of Washington for the Burke-Gilman Trail Transit Access, Safety Efficiency Improvements Project in Seattle. The total construction value is approximately $12.3 million and the project was included in Granite’s second quarter 2026 CAP.

The work will widen about 1 mile of the trail on the UW campus, from Rainier Vista to NE 47th Street, adding new paving, enhanced lighting, better sight lines, ADA accessibility improvements, drainage upgrades, and measures to reduce long-term maintenance. The project began in June 2026 and is in the design phase, with construction expected to start in Spring 2027 and finish in the first quarter of 2029.

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Granite (NYSE:GVA) has been awarded an approximately $31 million Early Works Grading Package by Hydrostor for the Willow Rock Energy Storage Center, a planned 500 MW advanced compressed air energy storage project in Kern County, California. The award will be included in Granite’s third quarter 2026 CAP.

Granite will build early site infrastructure on the 89-acre site, including a nine-acre pad to support excavation of a 1.3-million-cubic-yard cavern about 2,000 feet underground, plus road improvements, stormwater basins, and laydown areas. Work began in July 2026 and is planned to conclude in March 2027.

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FAQ

What is the current stock price of Granite Construction (GVA)?

Granite Construction (GVA) last closed at $110.48.

What is the market cap of Granite Construction (GVA)?

The market cap of Granite Construction (GVA) is approximately $4.9B.