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Granite Construction Incorporated is an engineering & construction business based in the US. Granite Construction Incorporated shares (GVA) are listed on the NYSE and all prices are listed in US Dollars. Granite Construction Incorporated employs 2,800 staff and has a trailing 12-month revenue of around 0.00.
|Latest market close||$39.13|
|52-week range||$18.11 - $44.03|
|50-day moving average||$39.91|
|200-day moving average||$39.62|
|Wall St. target price||$46.75|
|Dividend yield||$0.52 (1.3%)|
|Earnings per share (TTM)||$-2.08|
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-10-11)||N/A|
|1 month (2021-09-20)||0.31%|
|3 months (2021-07-22)||4.21%|
|6 months (2021-04-22)||0.98%|
|1 year (2020-10-22)||94.58%|
|2 years (2019-10-22)||6.45%|
|3 years (2018-10-22)||41.02|
|5 years (2016-10-21)||43.53|
Valuing Granite Construction Incorporated stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Granite Construction Incorporated's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Granite Construction Incorporated's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 5.56. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Granite Construction Incorporated's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Granite Construction Incorporated's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $205.1 million.
The EBITDA is a measure of a Granite Construction Incorporated's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$3.6 billion|
|Operating margin TTM||2.65%|
|Gross profit TTM||$344.8 million|
|Return on assets TTM||2.42%|
|Return on equity TTM||-9.84%|
|Market capitalisation||$1.8 billion|
TTM: trailing 12 months
There are currently 3.1 million Granite Construction Incorporated shares held short by investors – that's known as Granite Construction Incorporated's "short interest". This figure is 6% up from 2.9 million last month.
There are a few different ways that this level of interest in shorting Granite Construction Incorporated shares can be evaluated.
Granite Construction Incorporated's "short interest ratio" (SIR) is the quantity of Granite Construction Incorporated shares currently shorted divided by the average quantity of Granite Construction Incorporated shares traded daily (recently around 374166.38452237). Granite Construction Incorporated's SIR currently stands at 8.27. In other words for every 100,000 Granite Construction Incorporated shares traded daily on the market, roughly 8270 shares are currently held short.
However Granite Construction Incorporated's short interest can also be evaluated against the total number of Granite Construction Incorporated shares, or, against the total number of tradable Granite Construction Incorporated shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Granite Construction Incorporated's short interest could be expressed as 0.07% of the outstanding shares (for every 100,000 Granite Construction Incorporated shares in existence, roughly 70 shares are currently held short) or 0.0684% of the tradable shares (for every 100,000 tradable Granite Construction Incorporated shares, roughly 68 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Granite Construction Incorporated.
Find out more about how you can short Granite Construction Incorporated stock.
Dividend payout ratio: 28.14% of net profits
Recently Granite Construction Incorporated has paid out, on average, around 28.14% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.33% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Granite Construction Incorporated shareholders could enjoy a 1.33% return on their shares, in the form of dividend payments. In Granite Construction Incorporated's case, that would currently equate to about $0.52 per share.
While Granite Construction Incorporated's payout ratio might seem fairly standard, it's worth remembering that Granite Construction Incorporated may be investing much of the rest of its net profits in future growth.
Granite Construction Incorporated's most recent dividend payout was on 14 October 2021. The latest dividend was paid out to all shareholders who bought their shares by 28 September 2021 (the "ex-dividend date").
Granite Construction Incorporated's shares were split on a 3:2 basis on 15 April 2001. So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Granite Construction Incorporated shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for Granite Construction Incorporated shares which in turn could have impacted Granite Construction Incorporated's share price.
Over the last 12 months, Granite Construction Incorporated's shares have ranged in value from as little as $18.1135 up to $44.0321. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Granite Construction Incorporated's is 1.5153. This would suggest that Granite Construction Incorporated's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Granite Construction Incorporated operates as an infrastructure contractor and a construction materials producer in the United States. The company operates through Transportation, Water, Specialty, and Materials segments. The Transportation segment engages in the construction and rehabilitation of roads, pavement preservation, bridges, rail lines, airports, and marine ports. The Water segment focuses on water-related construction and water management solutions, as well as provides trenchless cured-in-place pipe and storm water rehabilitation services. The Specialty segment constructs various complex projects, including infrastructure/site development, mining, public safety, tunnel, and power projects; and undertakes bid-build, design-build, and construction management/general contractor contracts. The Materials segment focuses on production of aggregates, asphalt, and construction related materials, as well as sanitary and storm water rehabilitation products, such as cured-in-place pipe felt and fiberglass-based lining tubes. The company also engages in the construction of streets, highways, mass transit facilities, trenchless and underground utilities, well drilling, dams, and other infrastructure-related projects.
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