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How to Buy Granite Construction Stock

Granite Construction Inc

Granite Construction is a engineering & construction company located in California, United States, which is part of the Industrials sector, and is traded under the ticker GVA on the NYSE exchange.

Granite Construction stock last closed at $64.60, down 2.61% from the previous day, and has increased 57.18% in one year. It has overperformed other stocks in the Engineering & Construction industry by 0.18 percentage points. Granite Construction stock is currently +91.46% from its 52-week low of $33.74, and -3.18% from its 52-week high of $66.72.

As of Jul 17, 2024, there are 44.15M shares of GVA outstanding. The market capitalization of GVA is $2.85B. In the past 24 hours, 427,417 GVA shares were traded.

How to Buy Granite Construction Stock

Not sure how to invest in Granite Construction stock? Here's how.
  1. Figure out where to buy Granite Construction stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you determine where to buy Granite Construction stock.
  2. Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit funds into your brokerage account: Choose your payment method and add your details.
  4. Evaluate Granite Construction stock: The Granite Construction ticker symbol is GVA. Is Granite Construction stock a good investment? Should you buy shares of GVA? How do GVA's underlying business fundamentals look? Do top analysts think Granite Construction is a good buy? Why has GVA's stock price moved recently? (Hint: Our stock market research tools can help you understand if GVA is a good stock to buy).
  5. Place your GVA purchase: Decide if you will purchase GVA shares at the current market price or use a limit order to buy GVA shares at a specific price.
  6. Get the latest news on your investment in GVA: Create a watchlist to track your investment in Granite Construction stock.

Step 1: Figure out where to buy Granite Construction stock

You will need an online brokerage account in order to access the NYSE market and buy GVA shares.

A brokerage account enables you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for a brokerage account

Now that you've picked your brokerage, the next step is to fill out some personal details so you are able to buy GVA today.

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Step 3: Deposit funds into your brokerage account

Now that you've finished signing up on the best stock market app for beginners, you need to deposit funds:

Check out the video below to see the process of transferring money into your new brokerage account.

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Step 4: Evaluate Granite Construction stock

After you have figured out the best place to buy Granite Construction stock, it's very important to evaluate their stock before you invest, so you can comprehend the risk and upside.

Granite Construction stock data

GVA Price
$64.60
1w %
6.83%
1y %
57.18%
5y %
53.12%
P/E
79.75x
P/B
3.01x
P/S
0.78x
PEG
0.2x
Revenue
$3.62B
Earnings
$35.64M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
487.65%
Market Cap
$2.85B
Next Earnings
Jul 25, 2024
Next Dividend
N/A

GVA Fundamentals

WallStreetZen was built to help part-time investors perform more accurate fundamental analysis in less time.

You can see all of the due diligence checks on GVA's stock page.

Is GVA stock overvalued?

Analysts use many financial metrics, analyses, models, and charts to gauge GVA's true value.

Using relative valuations measures:

  • GVA could be undervalued based on its P/E ratio of 79.75x, relative to Engineering & Construction industry P/E ratio of -63.61x
  • GVA may be undervalued based on its P/B ratio of 3.01x, relative to Engineering & Construction industry P/B ratio of 4.36x
  • GVA could be undervalued based on its PEG ratio of 0.2x

You can do more valuation analysis on GVA's stock here.

How do GVA Financials look?

Passed Financial Due Diligence Checks:

  • GVA's operating cash flow of $284.47M allows it to safely service it's debt of $618.30M.
  • There are more short-term assets than short-term liabilities on the GVA balance sheet.
  • There are more short-term assets than long-term liabilities on the GVA balance sheet.

Failed Financial Due Diligence Checks:

  • GVA profit margin has gone down from 2.2% to 1% in the past year.
  • GVA has a relatively high debt to equity ratio of 1.68.
  • GVA earnings of $89.50M is not sufficient to cover its interest payments.
  • Total GVA debt is higher than 5 years ago, relative to shareholder equity.

Do analysts think it's a good time to buy Granite Construction stock

Out of 2 Wall Street analysts who monitor GVA, the consensus analyst rating on GVA is a Hold

It's important to note that analyst ratings are not stock recommendations, nor are they financial advice.

You can dive deeper into what analysts are projecting on the Granite Construction stock forecast page.

GVA Technicals

SMA10
62.43
SMA20
62.14
SMA50
61.79
SMA100
58.13
SMA200
51.51
MACD
0.81
MACD Signal
0.39
MACD Histogram
0.42
RSI
59.71
Stochastic %K
86.14
Stochastic %D
85.69
StochRSI %K
90.6
StochRSI %D
94.89

Is GVA Making Money?

Last year, GVA earnings were $35.64M. In the past two year, GVA's earnings have increased by -13.4% per year. This was slower than the Engineering & Construction industry average of 16.94%.

Last year, GVA revenue was $3.62B. During the last 5 year, GVA's revenue has grown by 1.84% per year. This was slower than the Engineering & Construction industry average of 13.44%.

Learn more about GVA's earnings and revenue performance here.

Latest Insiders Trades at GVA

In the last year, executives and large shareholders at GVA have sold more shares than they have bought.

Kyle T. Larkin, President CEO of GVA, was the latest GVA insider to sell. They sold $267,469.56 worth of GVA stock on Jun 3, 2024.

Get more info about who owns GVA shares here.

Can I get consistent income from GVA stock?

Granite Construction pays a dividend of 0.8%, compared to the Engineering & Construction industry's average dividend yield of 0.64%. If you owned $1,000 worth of GVA stock, you would have been paid $8.05 in the past 12 months.

Granite Construction dividend payments have not consistently grown over the past decade but have remained stable.

Find more data about Granite Construction dividend yield and history here.

What do other investors have to say about GVA?

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Step 5: Place your GVA purchase

There are two primary order types:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are mostly sufficient.
  • Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
    If you want to make sure you're buying or selling at a particular price, place a limit order.

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Step 6: Get the latest news on your investment in GVA

Now that you own some shares in GVA, you'll want to keep up with your stock purchase.

Start a watchlist to see the latest developments about your GVA stock.

GVA Feed

How to Buy Stock in Granite Construction

To reiterate, here are the 6 steps to buy stock in Granite Construction:

  1. Figure out where to buy Granite Construction stock
  2. Sign up for a brokerage account
  3. Deposit funds into your brokerage account
  4. Evaluate Granite Construction stock
  5. Place your GVA purchase
  6. Get the latest news on your investment in GVA

If you are looking for a online brokerage, eToro is our favorite venue.

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If you want to track your investment in Granite Construction, click below.

NYSE: GVA
$64.60-1.73 (-2.61%)
Updated Jul 17, 2024
Open eToro Account
NYSE: GVA
$64.60-1.73 (-2.61%)
Updated Jul 17, 2024
Open eToro Account

FAQ

How much does it cost to buy one Granite Construction share?

As of Jul 17, 2024, it costs $64.60 to buy one share of Granite Construction stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.155 shares of GVA.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Granite Construction stock?

According to 2 Wall Street analysts who monitor Granite Construction, their consensus recommendation is to hold Granite Construction stock.

What is the best way to buy Granite Construction stock?

One way to place an order for Granite Construction stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.