In last trading session, Granite Construction Inc (NYSE:GVA) saw 0.87 million shares changing hands with its beta currently measuring 1.40. Company’s recent per share price level of $94.04 trading at $0.1 or 0.11% at ring of the bell on the day assigns it a market valuation of $4.11B. That closing price of GVA’s stock is at a discount of -11.87% from its 52-week high price of $105.20 and is indicating a premium of 32.05% from its 52-week low price of $63.90. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.37 million shares which gives us an average trading volume of 540.96K if we extend that period to 3-months.
Granite Construction Inc (NYSE:GVA) trade information
Granite Construction Inc’s shares saw a change of 41.78% in year-to-date performance and have moved 0.32% in past 5-day. Granite Construction Inc (NYSE:GVA) showed a performance of 5.94% in past 30-days. Number of shares sold short was 3.87 million shares which calculate 7.88 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 70 to the stock, which implies a fall of -34.34% to its current value. Analysts have been projecting 70 as a low price target for the stock while placing it at a high target of 70. It follows that stock’s current price would jump 25.56% in reaching the projected high whereas dropping to the targeted low would mean a gain of 25.56% for stock’s current value.
GVA Dividends
Granite Construction Inc is more likely to be releasing its next quarterly report on 2025-May-01 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 0.55%, the share has a forward dividend of 0.52 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 1.34%.
Granite Construction Inc (NYSE:GVA)’s Major holders
Insiders are in possession of 1.10% of company’s total shares while institution are holding 117.56 percent of that, with stock having share float percentage of 118.87%. Investors also watch the number of corporate investors in a company very closely, which is 117.56% institutions for Granite Construction Inc that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at GVA for having 7.09 million shares of worth $439.13 million. And as of 2024-06-30, it was holding 16.0831 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 4.95 million shares on 2024-06-30. The number of shares represents firm’s hold over 11.2378 of outstanding shares, having a total worth of $306.84 million.
On the other hand, iShares Trust-iShares Core S&P Small-Cap ETF and UNDISCOVERED MANAGERS Fd.S-Undiscovered Managers Behavioral Value Fd. are the top two Mutual Funds which own company’s shares. As of May 31, 2025, the former fund manager was holding 2.61 shares of worth $245.48 million or 5.97% of the total outstanding shares. The later fund manager was in possession of 1.86 shares on Mar 31, 2025, making its stake of worth around $174.54 million in the company or a holder of 4.24% of company’s stock.
