Granite Construction (NYSE:GVA – Get Free Report) is expected to be announcing its earnings results before the market opens on Thursday, February 13th. Analysts expect the company to announce earnings of $1.42 per share and revenue of $949.86 million for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.
Granite Construction Stock Performance
NYSE:GVA opened at $89.62 on Tuesday. The stock has a 50-day simple moving average of $90.97 and a two-hundred day simple moving average of $84.37. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.46 and a current ratio of 1.56. Granite Construction has a 52-week low of $46.76 and a 52-week high of $105.20. The firm has a market capitalization of $3.92 billion, a PE ratio of 41.11 and a beta of 1.42.
Granite Construction Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were paid a dividend of $0.13 per share. The ex-dividend date was Tuesday, December 31st. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.58%. Granite Construction’s dividend payout ratio (DPR) is presently 23.85%.
About Granite Construction
Granite Construction Incorporated operates as an infrastructure contractor in the United States. It operates through two segments: Construction and Materials segments. The Construction segment engages in the construction and rehabilitation of roads, pavement preservation, bridges, rail lines, airports, marine ports, dams, reservoirs, aqueducts, infrastructure, and site development for use by the public and water-related construction for municipal agencies, commercial water suppliers, industrial facilities, and energy companies; and construction of various complex projects, including infrastructure/site development, mining, public safety, tunnel, solar storage, and power related projects.
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