Granite Construction Incorporated (GVA)

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Granite Construction Incorporated (GVA) is up 5.1% since the beginning of the year. At $121 per share, GVA is trading 25.4% below its 52-week high of $162. Investors who bought $1,000 worth of GVA shares 5 years ago would now be looking at an investment worth $3,313.

Granite Construction Incorporated (GVA) has returned 5.08% so far this year and 31.65% over the past 12 months. Over the last ten years, GVA has returned 10.64% per year, falling short of the S&P 500 Index benchmark, which averaged 13.26% annually.

Based on dividend-adjusted daily data since Feb 25, 1992, GVA's average daily return is +0.07%, while the average monthly return is +1.29%. At this rate, an investment would double in approximately 4.5 years.

Historically, 55% of months were positive and 45% were negative. The best month was Oct 2022 with a return of +32.9%, while the worst month was Jul 2002 at -28.6%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 5 months.

On a daily basis, GVA closed higher 49% of trading days. The best single day was Mar 19, 2020 with a return of +27.1%, while the worst single day was Oct 25, 2019 at -28.9%.

Granite Construction Incorporated has an annualized alpha of 8.21%, beta of 1.00, and R2 of 0.19 versus S&P 500 Index. Calculated based on daily prices since February 25, 1992.

• This stock participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (97.57%) than losses (92.03%) - typical of diversified or defensive assets.
• R2 of 0.19 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

GVA ranks 70 for risk / return — above 70% of stocks peers on PortfoliosLab. Its historical combined result is above most peers.

Granite Construction Incorporated provided a 0.43% dividend yield over the last twelve months, with an annual payout of $0.52 per share. The company has been increasing its dividends for 30 consecutive years, earning it the status of a dividend aristocrat.

The table displays the monthly dividend distributions for Granite Construction Incorporated. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Granite Construction Incorporated. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Granite Construction Incorporated was 84.72%, occurring on Mar 17, 2020. Recovery took 1044 trading sessions.

The current Granite Construction Incorporated drawdown is 24.52%.

The chart below shows the rolling one-month volatility.

The chart below illustrates the trends in the financial health of Granite Construction Incorporated over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

The Valuation section provides an overview of how Granite Construction Incorporated is priced in the market compared to other companies in the Engineering & Construction industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.