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Granite Construction Inc. - GVA STOCK NEWS

Welcome to our dedicated page for Granite Construction news (Ticker: GVA), a resource for investors and traders seeking the latest updates and insights on Granite Construction stock.

Granite Construction Inc. (NYSE: GVA) is a renowned leader in the construction industry, offering comprehensive infrastructure and heavy civil construction services since its establishment in 1922. Headquartered in Watsonville, California, Granite serves a diverse range of clients, including private entities and local, state, and federal agencies.

The company excels in various sectors, including mining, earthwork, water/sewer, power, tunneling, rail, highway, and bridge construction. Over the years, Granite has become an industry pioneer in alternative project delivery methods such as design-build, CMAR/CMGC, and best value. By fostering genuine partnerships with both project owners and designers, Granite ensures cohesive and successful project teams.

On an annual basis, Granite engages in approximately $800 million worth of alternative project delivery method (APDM) projects and has successfully completed over $12 billion in alternative procurement projects in the last decade. The company’s commitment to excellence is reflected in its award-winning infrastructure projects and its continued innovation in project delivery.

Granite's core operations are divided into two main segments: Construction and Materials. The Construction segment is the primary revenue driver, focusing on heavy civil infrastructure projects such as roads, highways, transit facilities, airports, and bridges. Additionally, Granite provides site preparation and infrastructure services for residential and energy development projects.

Despite the competitive landscape, Granite’s strategic partnerships and innovative project delivery approaches set it apart from its peers. The company is actively involved in numerous high-profile projects and is continually expanding its portfolio to include cutting-edge infrastructure solutions.

For those seeking detailed, up-to-date information about Granite Construction Inc.'s performance and latest projects, StockTitan offers a comprehensive resource. From financial health to project updates, StockTitan keeps stakeholders informed about all major developments concerning Granite Construction Inc.

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Granite Sustainability Manager Raven Adams has been recognized as a 2023 USA SDG Pioneer by the UN Global Compact Network USA. Adams has led Granite Construction's sustainability program, making it an industry leader in transparency and reporting. She will compete in the Global Round for the title of 2023 UN Global Compact SDG Pioneer.
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Granite has been awarded a $48 million contract by the California Department of Transportation (Caltrans) to reconstruct a section of Highway 101: Montecito project in Santa Barbara County, California.
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FAQ

What is the current stock price of Granite Construction (GVA)?

The current stock price of Granite Construction (GVA) is $99.29 as of November 22, 2024.

What is the market cap of Granite Construction (GVA)?

The market cap of Granite Construction (GVA) is approximately 4.3B.

What does Granite Construction Inc. do?

Granite Construction Inc. specializes in infrastructure and heavy civil construction services, including mining, earthwork, water/sewer, power, tunneling, rail, highway, and bridge construction.

Where is Granite Construction Inc. headquartered?

Granite Construction Inc. is headquartered in Watsonville, California.

What stock exchange is Granite Construction Inc. listed on?

Granite Construction Inc. is publicly traded on the New York Stock Exchange (NYSE) under the ticker symbol GVA.

What are the primary segments of Granite Construction Inc.?

Granite Construction Inc. operates primarily through its Construction and Materials segments.

How much does Granite engage in APDM projects annually?

Granite engages in approximately $800 million worth of alternative project delivery method (APDM) projects annually.

What is APDM?

APDM stands for Alternative Project Delivery Methods, which include design-build, CMAR/CMGC, and best value approaches to construction projects.

What types of projects does Granite Construction Inc. focus on?

Granite focuses on various infrastructure projects, including roads, highways, transit facilities, airports, bridges, and site preparation for residential and energy development.

How long has Granite Construction Inc. been in business?

Granite Construction Inc. has been in business since 1922.

How does Granite ensure project success?

Granite ensures project success by establishing true partnerships with both project owners and designers to guarantee a cohesive project team.

Where can I find job postings for Granite Construction Inc.?

All open positions available with Granite Construction Inc. and its subsidiary companies can be found at www.graniteconstruction.com/careers.

Granite Construction Inc.

NYSE:GVA

GVA Rankings

GVA Stock Data

4.32B
43.29M
0.97%
113.43%
9.71%
Engineering & Construction
Heavy Construction Other Than Bldg Const - Contractors
Link
United States of America
WATSONVILLE