Granite Announces Launch of Pajaro River Flood Risk Management Project – Reach 6
Granite Construction Incorporated (GVA)
Last granite construction incorporated earnings: 10/25 06:55 am
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Source: Business Wire
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) announced it has been awarded a contract valued at approximately $39 million by the U.S. Army Corps of Engineers (USACE) for the construction of Reach 6 of the Pajaro River Flood Risk Management Project, a transformative initiative led and funded by USACE. The award will be reflected in Granite’s third quarter CAP.Reach 6 is the first of five planned reaches and involves construction along Corralitos Creek, a tributary of the Pajaro River Levee System in the City of Watsonville, County of Santa Cruz. Designed to reduce flood risk for thousands of residents and businesses historically vulnerable to severe flood events, Reach 6 sets the tone for the broader effort, combining engineering excellence with local insight and community partnership.“This initiative is particularly exciting for our team,” said Granite Vice President of Regional Operations, Brent Fogg. “It’s not only a vital investment in public safety and environmenta
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- Granite Construction (NYSE:GVA) is now covered by analysts at The Goldman Sachs Group, Inc.. They set a "neutral" rating and a $109.00 price target on the stock.MarketBeat
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- Granite Construction (NYSE:GVA) was downgraded by analysts at Zacks Research from a "hold" rating to a "strong sell" rating.MarketBeat
- Granite's materials business paves way to revenue growth [Yahoo! Finance]Yahoo! Finance
- Granite Construction (NYSE:GVA) had its price target raised by analysts at DA Davidson from $125.00 to $130.00. They now have a "buy" rating on the stock.MarketBeat
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- 11/6/25 - Beat
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- 11/24/25 - Form 4
- 11/24/25 - Form 144
- 11/12/25 - Form 4
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