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Granite Construction Inc (GVA.N)

GVA.N on New York Stock Exchange

66.78USD
23 Jan 2018
Change (% chg)

$-0.12 (-0.18%)
Prev Close
$66.90
Open
$67.01
Day's High
$67.02
Day's Low
$66.24
Volume
34,297
Avg. Vol
81,146
52-wk High
$68.00
52-wk Low
$45.20

Latest Key Developments (Source: Significant Developments)

Granite, Parsons and Corman awarded $410 mln interstate widening and bridge project in Virginia
Monday, 6 Nov 2017 

Nov 6 (Reuters) - Granite Construction Inc :Granite/Parsons/Corman team awarded $410 million interstate widening and bridge project in Virginia.Granite Construction Inc - co booked 50 percent share of $410 million joint venture project into backlog during Q3 of 2017​.  Full Article

Granite awarded $28 million light rail sub-contract in Washington
Monday, 30 Oct 2017 

Oct 30 (Reuters) - Granite Construction Inc :Granite awarded $28 million light rail sub-contract in Washington.Granite Construction Inc - ‍contract will be included in Granite's Q3 2017 backlog​.  Full Article

Granite reports Q3 earnings per share of $1.14
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Granite Construction Inc :Granite reports third quarter 2017 results.Q3 earnings per share $1.14.Q3 revenue $957.1 million versus I/B/E/S view $905.1 million.Q3 earnings per share view $1.06 -- Thomson Reuters I/B/E/S.Granite construction inc quarter end ‍backlog of $4.23 billion, up 12.5 percent year-over-year​.Granite Construction Inc sees ‍mid- to high-teens consolidated revenue growth in 2017 ​.Granite Construction Inc - sees ‍2017 consolidated EBITDA margin of 6.0% to 6.5%​.FY2017 revenue view $2.90 billion -- Thomson Reuters I/B/E/S.  Full Article

Granite Construction Q3 earnings per share $0.92
Friday, 28 Oct 2016 

Granite Construction Inc : Granite reports third quarter 2016 results . Q3 earnings per share $0.92 . Q3 revenue $803.9 million versus I/B/E/S view $826.5 million . Q3 earnings per share view $0.98 -- Thomson Reuters I/B/E/S . Quarter end contract backlog of $3.8 billion, up 21.9 percent year-over-year . Sees mid-single digit consolidated revenue growth for 2016 . Sees FY consolidated EBITDA margin of 6% to 8% . Says continue to anticipate increased infrastructure investment in 2017 and beyond .FY 2016 revenue view $2.56 billion -- Thomson Reuters I/B/E/S.  Full Article

Granite awarded $875 million joint venture design-build transit project in Hawaii
Monday, 26 Sep 2016 

: Granite Construction - Build transit project in Hawaii . Granite Construction - JV team comprised of Granite Construction , Shimmick Construction and Traylor Bros has been awarded airport guideway and stations design-build contract by honolulu authority for rapid transportation .Granite Consrtuction - Says company will book its 33% share of $875 million joint venture project into backlog during Q3 of 2016..  Full Article

Granite unit awarded $119 mln in sewer renewal contracts in Chicago
Monday, 13 Jun 2016 

Granite Construction Inc : Granite subsidiary awarded $119 million in sewer renewal contracts in Chicago .Granite Construction Inc says construction is scheduled to begin in Q2 of 2016.  Full Article

Granite Construction awarded $20 mln airport project in Alaska
Friday, 3 Jun 2016 

Granite Construction Inc : Granite awarded $20 million airport project in Alaska .Granite will book project into backlog during Q2 of 2016.  Full Article

Granite Construction Inc awarded $31 million intersection improvement project in Nevada
Monday, 21 Mar 2016 

Granite Construction Inc:Says it has been awarded a $31 million contract by the Regional Transportation Commission of Washoe County, Nevada to reconstruct and widen the Pyramid-McCarran intersection in Sparks.  Full Article

Granite Construction Inc Awarded $61 million interstate rehabilitation project in California
Tuesday, 8 Mar 2016 

Granite Construction Inc:Awarded $61 million interstate rehabilitation project in California.Says Granite will book the project into backlog during the first quarter of 2016.  Full Article

Granite Construction declares quarterly dividend
Thursday, 11 Feb 2016 

Granite Construction:Declared a quarterly cash dividend of $0.13 per common shares.Dividend is payable on April 15, 2016, to all shareholders of record at the close of business on March 31, 2016.  Full Article

RPT-Wall St Week Ahead-Investors green-light infrastructure trade, but expect road bumps

NEW YORK, Jan 12 Volatility awaits shares of U.S. construction, engineering, building materials and other companies tied to infrastructure spending, but steel-nerved investors could be poised for gains if they weather a few bumps.