A number of research firms have changed their ratings and price targets for Granite Construction (NYSE: GVA):
- 7/21/2026 – Granite Construction was downgraded by Weiss Ratings from “hold (c+)” to “hold (c)”.
- 7/18/2026 – Granite Construction was downgraded by Wall Street Zen from “buy” to “hold”.
- 7/9/2026 – Granite Construction had its “sell” rating reaffirmed by The Goldman Sachs Group, Inc.. They now have a $139.00 price target on the stock, down from $141.00.
- 7/6/2026 – Granite Construction was upgraded by Weiss Ratings from “hold (c)” to “hold (c+)”.
- 6/27/2026 – Granite Construction was upgraded by Wall Street Zen from “hold” to “buy”.
- 6/26/2026 – Granite Construction is now covered by Stephens. They set an “overweight” rating and a $180.00 price target on the stock.
- 6/25/2026 – Granite Construction was upgraded by Stephens to “strong-buy”.
- 6/18/2026 – Granite Construction was downgraded by Weiss Ratings from “hold (c+)” to “hold (c)”.
- 5/30/2026 – Granite Construction was downgraded by Wall Street Zen from “buy” to “hold”.
- 5/29/2026 – Granite Construction was upgraded by Zacks Research to “hold”.
- 5/28/2026 – Granite Construction is now covered by Oppenheimer Holdings, Inc.. They set an “outperform” rating and a $170.00 price target on the stock.
Granite Construction Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were given a dividend of $0.13 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.52 annualized dividend and a dividend yield of 0.4%. Granite Construction’s dividend payout ratio (DPR) is 14.99%.
Insider Activity
In other news, SVP Bradley Jay Williams sold 6,734 shares of the company’s stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $141.00, for a total transaction of $949,494.00. Following the transaction, the senior vice president owned 7,041 shares in the company, valued at approximately $992,781. This represents a 48.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Michael G. Tatusko sold 7,500 shares of the stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $141.00, for a total transaction of $1,057,500.00. Following the transaction, the senior vice president directly owned 29,787 shares in the company, valued at $4,199,967. This trade represents a 20.11% decrease in their position. The SEC filing for this sale provides additional information. 0.88% of the stock is currently owned by company insiders.
Granite Construction Inc is a publicly traded heavy civil contractor and construction materials producer based in Watsonville, California. The company specializes in delivering large-scale infrastructure projects for government and private clients, focusing on the development, rehabilitation and maintenance of transportation, water resource and industrial facilities. Its turnkey solutions span the full project lifecycle, from preconstruction and design-build to construction management and facilities maintenance.
In its construction segment, Granite undertakes highway and bridge building, airport runway and taxiway construction, marine terminal and port improvements, dam and reservoir projects, transit systems and underground utilities.
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