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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.

Rhea-AI Summary
Granite announces $73 million project to fortify and modernize Deer Creek Dam & Reservoir in Utah, expected to be completed by March 2026.
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0.51%
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Granite awarded $72 million contract by Caltrans for Highway 1 project in Capitola, California
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1.35%
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Rhea-AI Summary
Granite (NYSE:GVA) has been awarded a $215 million contract by the city of Akron, Ohio to construct the Northside Interceptor Tunnel Project (NSIT) to prevent combined sewer overflows. The project will be funded by the Ohio Environmental Protection Agency’s Water Pollution Control Loan Fund (WPCLF) and is expected to be included in Granite’s Q3 CAP. The NSIT project includes a 6,660 linear feet tunnel with a diameter of 16.5 feet to accommodate both dry and wet-weather sewage flow and store combined sewage.
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End-of-Day
-2.05%
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Rhea-AI Summary
Granite Construction Incorporated (NYSE: GVA) announced its Q2 2023 results, reporting a net loss of $17 million compared to net income of $19 million in the same period last year. Revenue increased by $50 million to $899 million. The company's Construction and Materials segments saw year-over-year increases, with the California and Mountain Groups performing well. Granite Construction also reported a record Committed and Awarded Projects (CAP) balance of $5.4 billion.
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-4.53%
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3.04%
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2.29%
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Rhea-AI Summary
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-2.19%
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Rhea-AI Summary
Granite Sustainability Manager Raven Adams has been recognized as a 2023 USA SDG Pioneer by the UN Global Compact Network USA. Adams has led Granite Construction's sustainability program, making it an industry leader in transparency and reporting. She will compete in the Global Round for the title of 2023 UN Global Compact SDG Pioneer.
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1.24%
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-1.4%
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Rhea-AI Sentiment
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-2.53%
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Granite Construction Inc.

NYSE:GVA

GVA Rankings

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