GVA
Granite Construction Incorporated Industrials - Engineering & Construction Investor Relations →
Granite Construction Incorporated (GVA) closed at $130.18 as of 2026-02-02, trading 110.6% above its 200-week moving average of $61.81. The stock moved further from the line this week, up from 96.9% last week. With a 14-week RSI of 84, GVA is in overbought territory.
Over the past 1820 weeks of data, GVA has crossed below its 200-week moving average 22 times. On average, these episodes lasted 29 weeks. Historically, investors who bought GVA at the start of these episodes saw an average one-year return of +6.0%.
With a market cap of $5.7 billion, GVA is a mid-cap stock. The company generates a free cash flow yield of 3.9%. Return on equity stands at 18.3%, a solid level. The stock trades at 4.9x book value.
The company has been aggressively buying back shares, reducing its share count by 5.3% over the past three years.
Over the past 33.2 years, a hypothetical investment of $100 in GVA would have grown to $3181, compared to $2849 for the S&P 500. That represents an annualized return of 11.0% vs 10.6% for the index — confirming GVA as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Growth of $100: GVA vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After GVA Crosses Below the Line?
Across 22 historical episodes, buying GVA when it crossed below its 200-week moving average produced an average return of +14.4% after 12 months (median +10.0%), compared to +8.5% for the S&P 500 over the same periods. 70% of those episodes were profitable after one year. After 24 months, the average return was +46.1% vs +28.6% for the index.
Each line shows $100 invested at the moment GVA crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
GVA has crossed below its 200-week MA 22 times with an average 1-year return of +6.0% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Sep 1991 | Sep 1991 | 1 | 0.2% | -18.0% | +3003.7% |
| Sep 1991 | Nov 1991 | 9 | 13.6% | -17.6% | +3020.4% |
| Mar 1992 | Apr 1992 | 2 | 6.0% | -17.2% | +2969.0% |
| Apr 1992 | Dec 1993 | 85 | 27.4% | -21.8% | +3002.0% |
| Mar 1994 | Apr 1994 | 1 | 4.0% | -11.9% | +3266.3% |
| May 1994 | May 1994 | 4 | 6.2% | -0.8% | +3266.3% |
| Jun 1994 | May 1995 | 46 | 16.4% | +9.2% | +3434.6% |
| May 1995 | Jun 1995 | 3 | 2.1% | +66.1% | +3313.8% |
| Nov 1999 | Jan 2000 | 6 | 8.1% | +57.6% | +1454.8% |
| Jul 2002 | Jun 2003 | 47 | 26.4% | +6.4% | +954.5% |
| Jul 2003 | Aug 2003 | 5 | 8.1% | -2.4% | +890.7% |
| Sep 2003 | Sep 2003 | 3 | 3.2% | +23.9% | +851.0% |
| Oct 2003 | Oct 2003 | 1 | 1.4% | +26.1% | +847.4% |
| Apr 2004 | Aug 2004 | 14 | 13.5% | +15.7% | +794.0% |
| Nov 2007 | Nov 2007 | 3 | 12.3% | -12.3% | +344.0% |
| Dec 2007 | Nov 2008 | 50 | 42.6% | +15.5% | +340.1% |
| Dec 2008 | Mar 2012 | 168 | 43.4% | -16.5% | +323.0% |
| Mar 2012 | Sep 2012 | 24 | 23.0% | +13.7% | +458.5% |
| Sep 2015 | Oct 2015 | 2 | 4.2% | +59.5% | +391.3% |
| Aug 2018 | Oct 2018 | 12 | 12.0% | -36.8% | +217.6% |
| Dec 2018 | Mar 2021 | 118 | 73.6% | -43.6% | +217.0% |
| Feb 2022 | Oct 2022 | 35 | 18.5% | +37.0% | +319.1% |
| Average | 29 | — | +6.0% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02