Granite Construction (NYSE:GVA) is scheduled to be posting its quarterly earnings results before the market opens on Friday, February 16th. Analysts expect Granite Construction to post earnings of $0.68 per share for the quarter.

Granite Construction (NYSE:GVA) opened at $59.36 on Friday. Granite Construction has a 1 year low of $45.14 and a 1 year high of $68.58. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.71 and a current ratio of 1.79. The stock has a market cap of $2,377.10, a P/E ratio of 46.02, a price-to-earnings-growth ratio of 2.63 and a beta of 1.21.

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 13th. Shareholders of record on Friday, March 30th will be given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a yield of 0.88%. The ex-dividend date of this dividend is Wednesday, March 28th. Granite Construction’s dividend payout ratio is presently 40.31%.

A number of equities analysts have issued reports on the stock. B. Riley reissued a “buy” rating on shares of Granite Construction in a research report on Wednesday, November 1st. Cowen raised their price target on shares of Granite Construction from $70.00 to $85.00 and gave the stock an “outperform” rating in a research report on Thursday, January 18th. Zacks Investment Research lowered shares of Granite Construction from a “hold” rating to a “sell” rating in a research report on Wednesday, December 27th. Canaccord Genuity raised their price target on shares of Granite Construction from $70.00 to $75.00 and gave the stock a “buy” rating in a research report on Monday, October 30th. Finally, DA Davidson reissued a “hold” rating and set a $65.00 price target on shares of Granite Construction in a research report on Monday, October 30th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and eight have given a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $69.00.

In other news, Director Claes Bjork sold 1,264 shares of the firm’s stock in a transaction that occurred on Wednesday, December 13th. The shares were sold at an average price of $63.05, for a total transaction of $79,695.20. Following the sale, the director now owns 50,972 shares of the company’s stock, valued at approximately $3,213,784.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 1.30% of the stock is owned by company insiders.

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Granite Construction Company Profile

Granite Construction Incorporated is a heavy civil contractor and construction materials producer in the United States. The Company operates through three segments: Construction, Large Project Construction and Construction Materials. The Company operates across the nation, serving both public and private sector clients.

Earnings History for Granite Construction (NYSE:GVA)

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