What is DA Davidson’s Estimate for GVA Q1 Earnings?

Granite Construction Incorporated (NYSE:GVA) – Stock analysts at DA Davidson issued their Q1 2025 earnings per share estimates for shares of Granite Construction in a research report issued on Friday, February 14th. DA Davidson analyst B. Thielman forecasts that the construction company will earn ($0.43) per share for the quarter. The consensus estimate for Granite Construction’s current full-year earnings is $4.98 per share. DA Davidson also issued estimates for Granite Construction’s FY2026 earnings at $6.97 EPS.

Granite Construction Trading Up 0.8 %

NYSE GVA opened at $87.56 on Monday. Granite Construction has a 1-year low of $48.11 and a 1-year high of $105.20. The company has a current ratio of 1.56, a quick ratio of 1.46 and a debt-to-equity ratio of 0.69. The company has a market capitalization of $3.83 billion, a PE ratio of 40.17 and a beta of 1.42. The firm’s fifty day simple moving average is $89.82 and its 200-day simple moving average is $85.02.

Granite Construction (NYSE:GVA) last announced its earnings results on Thursday, February 13th. The construction company reported $1.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.42 by ($0.19). Granite Construction had a net margin of 2.80% and a return on equity of 19.04%. The firm had revenue of $977.30 million for the quarter. During the same quarter in the prior year, the business posted $0.82 earnings per share.

Granite Construction Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were given a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a yield of 0.59%. The ex-dividend date of this dividend was Tuesday, December 31st. Granite Construction’s payout ratio is 23.85%.

Hedge Funds Weigh In On Granite Construction

Several hedge funds have recently bought and sold shares of GVA. Creative Planning increased its position in Granite Construction by 168.3% during the third quarter. Creative Planning now owns 8,827 shares of the construction company’s stock worth $700,000 after buying an additional 5,537 shares during the last quarter. Blue Trust Inc. boosted its holdings in Granite Construction by 66.4% during the third quarter. Blue Trust Inc. now owns 902 shares of the construction company’s stock valued at $72,000 after acquiring an additional 360 shares during the period. BayBridge Capital Group LLC bought a new stake in Granite Construction during the third quarter valued at about $551,000. Hedges Asset Management LLC bought a new stake in Granite Construction during the third quarter valued at about $238,000. Finally, Pinnacle Associates Ltd. boosted its holdings in Granite Construction by 3.2% during the third quarter. Pinnacle Associates Ltd. now owns 179,355 shares of the construction company’s stock valued at $14,219,000 after acquiring an additional 5,528 shares during the period.

About Granite Construction

Granite Construction Incorporated operates as an infrastructure contractor in the United States. It operates through two segments: Construction and Materials segments. The Construction segment engages in the construction and rehabilitation of roads, pavement preservation, bridges, rail lines, airports, marine ports, dams, reservoirs, aqueducts, infrastructure, and site development for use by the public and water-related construction for municipal agencies, commercial water suppliers, industrial facilities, and energy companies; and construction of various complex projects, including infrastructure/site development, mining, public safety, tunnel, solar storage, and power related projects.