Granite's materials business paves way to revenue growth [Yahoo! Finance]
Granite Construction Incorporated (GVA)
Last granite construction incorporated earnings: 10/25 06:55 am
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Source: Yahoo! Finance
During the California gold rush of the 1850s, there were two broad paths to wealth: Go for the gold and strike it rich, or pursue the picks and shovels approach by selling tools and supplies to prospectors. More than a century and a half later, Granite Construction is pursuing a mix of the two approaches. The Watsonville, California-based civil contractor and road builder is searching for gold in infrastructure projects, which can provide steady revenue and backlog for years to come. On that front, Kyle Larkin, Granite's CEO and president, called this “the strongest market I've seen in my career,” during a Nov. 6 call discussing the firm's third quarter results. On the picks and shovels side, Granite's materials business is selling the supplies needed to build infrastructure. It offers asphalt and aggregates to other horizontal contractors while supplying its own projects. The firm continues to amass ever more volume by snatching up smaller providers across different regions.
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GVA
News
- 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
- 2 Reasons to Like GVA (and 1 Not So Much) [Yahoo! Finance]Yahoo! Finance
- Granite Construction (NYSE:GVA) was downgraded by analysts at Zacks Research from a "hold" rating to a "strong sell" rating.MarketBeat
- 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
- Granite Reports Third Quarter 2025 ResultsBusiness Wire
GVA
Earnings
- 11/6/25 - Beat
GVA
Sec Filings
- 11/24/25 - Form 4
- 11/24/25 - Form 144
- 11/12/25 - Form 4
- GVA's page on the SEC website