During the last session, Granite Construction Inc (NYSE:GVA)’s traded shares were 0.7 million, with the beta value of the company hitting 1.34. At the end of the trading day, the stock’s price was $82.52, reflecting an intraday loss of -0.33% or -$0.27. The 52-week high for the GVA share is $105.20, that puts it down -27.48 from that peak though still a striking 29.44% gain since the share price plummeted to a 52-week low of $58.23. The company’s market capitalization is $3.61B, and the average trade volume was 751.04K shares over the past three months.
Granite Construction Inc (NYSE:GVA) trade information
Granite Construction Inc (GVA) registered a -0.33% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -0.33% in intraday trading to $82.52, hitting a weekly high. The stock’s 5-day price performance is 1.69%, and it has moved by 6.34% in 30 days. Based on these gigs, the overall price performance for the year is 38.67%.
The consensus price target of analysts on Wall Street is $70, which implies a decrease of -17.89% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $70 and $70 respectively. As a result, GVA is trading at a premium of 15.17% off the target high and 15.17% off the low.
While earnings are projected to return 88.10% in 2025, the next five years will return 43.30% per annum.
GVA Dividends
Granite Construction Inc is due to release its next quarterly earnings in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Granite Construction Inc is 0.52, with the dividend yield indicating at 0.63 percent, continuing the trend of increasing dividends in recent years.
The next largest institutional holding, with 4.95 million shares, is of VANGUARD GROUP INC’s that is approximately 11.2378% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $306.84 million.
Also, the Mutual Funds coming in first place with the largest holdings of Granite Construction Inc (GVA) shares are iShares Trust-iShares Core S&P Small-Cap ETF and UNDISCOVERED MANAGERS Fd.S-Undiscovered Managers Behavioral Value Fd. . Data provided on Mar 31, 2025 indicates that iShares Trust-iShares Core S&P Small-Cap ETF owns about 2.69 shares. This amounts to just over 6.14 percent of the company’s overall shares, with a $221.63 million market value. The same data shows that the other fund manager holds slightly less at 1.91, or about 4.36% of the stock, which is worth about $157.48 million.
