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Granite Construction Inc. - GVA STOCK NEWS

Welcome to our dedicated news page for Granite Construction (Ticker: GVA), a resource for investors and traders seeking the latest updates and insights on Granite Construction.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Granite Construction's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Granite Construction's position in the market.

News
Granite Announces Timing of Earnings Release and Investor Conference Call
Rhea-AI Summary
Granite Construction Incorporated (NYSE: GVA) will release financial results for the quarter ended March 31, 2024, before market opens on Thursday, May 2, 2024. The Company will host an investor conference call at 8:00 a.m. PT, Thursday, May 2, 2024. Investors can listen to a live audio webcast of the call on the Investor Relations website. An archive and replay will be available for those who miss the live event.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.3%
Tags
earnings
-
News
Granite Construction Honored as a 2024 VETS Indexes 4-Star Employer
Rhea-AI Summary
Granite (GVA) recognized as a 4-Star Employer in 2024 VETS Indexes Employer Awards for its dedication to supporting veterans and the military-connected community.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.45%
Tags
none
-
News
Granite Earns its Fourth Consecutive Early Talent Award from Handshake
Rhea-AI Summary
Granite (GVA) wins Handshake's Early Talent Award for the fourth year, highlighting its excellence in talent engagement. The company stands out among 900,000+ employers for brand resonance, effective engagement, event participation, and strong student relationships. Granite's commitment to nurturing early talent is evident through its award-winning college recruitment efforts, fostering a diverse and talented workforce.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.22%
Tags
none
News
Granite Declares Quarterly Dividend
Rhea-AI Summary
Granite Construction Inc. (GVA) declares a quarterly dividend of $0.13 per share, payable on April 15, 2024, to shareholders of record on March 28, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.57%
Tags
dividends
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News
NAPA Recognizes Granite Construction With 97 Awards and Commendations
Rhea-AI Summary
Granite (GVA) receives 97 awards and commendations from NAPA, including the Larry H. Lemon Quality in Construction Award and Community Involvement Award. Newly acquired Lehman-Roberts also received recognition. Granite was awarded 64 Diamond Commendations and 32 Quality in Construction Awards for asphalt paving projects.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.24%
Tags
none
-
News
Granite Reports Fourth Quarter and FY 2023 Results
Rhea-AI Summary
Granite Construction Incorporated (GVA) reported strong Q4 results with an 18% revenue increase to $934 million and adjusted diluted EPS of $0.82. Operating cash flow rose by $150 million sequentially, and CAP reached $5.5 billion. Fiscal year 2023 saw revenue grow to $3.5 billion, with adjusted net income of $140 million. Despite positive results, challenges from legacy projects impacted gross profit margin.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.39%
Tags
none
News
Granite Awarded Final Construction Option in Denali National Park
Rhea-AI Summary
Granite (GVA) completes preconstruction services and secures $112 million construction option for Polychrome Area Improvements project in Denali National Park, Alaska, totaling $207,791,533. The project involves building a steel truss bridge to connect the western half of the park cut off by a landslide since 2021.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.92%
Tags
none
-
News
Granite’s Grant Road Widening Project Aims to Improve Traffic Flow and Safety in Tucson
Rhea-AI Summary
Granite (NYSE:GVA) has secured a $55 million contract by the City of Tucson to widen Grant Road. The project will include various infrastructure improvements and is expected to be completed by December 2026.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.09%
Tags
none
-
News
Granite Announces Timing of Earnings Release and Investor Conference Call
Rhea-AI Summary
Granite Construction Incorporated (NYSE: GVA) will release financial results for the quarter and fiscal year ended December 31, 2023, before market opens on Thursday, February 22, 2024. The Company will host an investor conference call at 8:00 a.m. PT, Thursday, February 22, 2024. Investors can listen to a live audio webcast of the investor conference call on its Investor Relations website, investor.graniteconstruction.com. An archive of the webcast will be available on Granite’s Investor Relations website. A replay will be available after the live call through February 29, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.93%
Tags
earnings
News
Granite Unveils State-of-the-Art Aggregate Plant
Rhea-AI Summary
Granite (NYSE:GVA) has completed its first fully automated aggregate plant in Tucson, Arizona, showcasing the company's commitment to technological advancement and sustainable production practices. The Swan plant, which commenced construction in May 2023, demonstrates Granite's dedication to leveraging automation to improve operations and overcome workforce challenges. This investment allows Granite to produce aggregates cost-effectively while minimizing the need for night and weekend shifts. The company's enhanced production capabilities and operational flexibility position it as an industry leader, ready to meet the evolving demands of the market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.93%
Tags
none
Stock GVA logo
Granite Construction Inc.

NYSE:GVA

GVA Rankings

#1721 Ranked by Market Cap
#1894 Ranked by Stock Gains
#1833 Ranked by Dividends

GVA Stock Data

2.43B
43.52M
0.89%
108.27%
9.47%
Highway, Street, and Bridge Construction
Construction
Link
US
Watsonville

About GVA

since 1922, granite has continued a long-standing commitment to our clients at the private, local, state, and federal level, providing award-winning infrastructure and heavy civil construction services in mining, earthwork, water/sewer, power, tunneling, rail, highway and bridge construction. granite continues to be an industry pioneer in alternative project delivery (design-build, cmar/cmgc, best value) establishing true partnerships with both the owner and designer to guarantee a cohesive project team. granite constructs approximately $800 million of apdm projects annually, and has completed over $12 billion in alternative procurement projects in the last decade. headquartered in watsonville, ca, granite construction, inc is publicly traded on the new york stock exchange (nyse: gva). disclaimer regarding official "granite"​ job postings: all open positions available with granite construction inc., and its subsidiary companies, are available to apply on www.graniteconstruction.com/car