Business Intelligence Intern

UDOT completes I-15 interchange reconstruction in Weber County after 3 years. Posted: Aug 17, 2026 / 07:30 PM MDT Updated: Aug 17, 2026 / 07:30 PM MDT ROY, Utah (ABC4) - After three years, UDOT has completed its reconstruction of the I-15 interchange at 5600 South/State Route 97 in Weber County. UDOT completely reconstructed the interchange, replacing it with a new single-point urban interchange, which brings traffic from the I-15 ramps and 5600 South together at a single traffic light. Construction on the interchange began in the summer of 2023. UDOT said that it will help traffic move more efficiently and improve access between Roy, Riverdale, and Hill Air Force Base. More than 100,000 vehicles travel on I-15 and 5600 South each day, so this project was intended to address current traffic needs while also preparing for continued growth in northern Utah. Brady Roberts, UDOT Region 1 Project Manager, said the new interchange will increase efficiency and will be safer. "It's going to improve businesses as well, as far as getting people to and from business in the local area, but really it just comes down to the traveling public and keeping things safe," he said. In addition to the new interchange, the project also widened 5600 South between I-15 and 3500 West. It also added more options for walking and biking along the road, introducing new sidewalks, bike lanes, and a multi-use trail. There's also a new pedestrian bridge carrying the D&RGW Rail Trail over 5600 South near Roy Elementary and Roy Junior High Schools. The bridge gives pedestrians, cyclists, and students a separated crossing over the busy road. UDOT will be celebrating the project's completion at Roy Elementary's Back-to-School Night on Thursday, Aug. 20. Community members are invited, and there will be free ice cream. The project was constructed by a joint venture between W.W. Clyde and Granite Construction.

Granite Construction (NYSE:GVA) price target raised to $180.00 at Oppenheimer. July 31, 2026 Key points. * Oppenheimer raised Granite Construction's price target to $180 from $170 and maintained an "outperform" rating, implying roughly 49.5% upside. The stock has a consensus "Moderate Buy" rating with an average target of $163.50. * Granite's operating performance remains strong, with second-quarter revenue rising about 29% year over year to $1.46 billion and adjusted EBITDA increasing 22% to approximately $186 million. Management also raised its 2026 revenue guidance to $5.3 billion-$5.5 billion. * Reported results included a $278 million net loss, primarily due to a roughly $360 million non-operating charge related to convertible-note transactions; materials-sector margins also faced pressure from severe weather and higher quarry-development costs. * MarketBeat previews the top five stocks to own by August 1st. Granite Construction (NYSE:GVA - Get Free Report) had its price objective upped by research analysts at Oppenheimer from $170.00 to $180.00 in a research report issued on Friday,Benzinga reports. The brokerage currently has an "outperform" rating on the construction company's stock. Oppenheimer's price target points to a potential upside of 49.54% from the stock's current price. Several other analysts have also recently issued reports on GVA. Weiss Ratings cut Granite Construction from a "hold (c+)" rating to a "hold (c)" rating in a research note on Tuesday, July 21st. Stephens initiated coverage on Granite Construction in a report on Friday, June 26th. They set an "overweight" rating and a $180.00 price target on the stock. Zacks Research raised Granite Construction to a "hold" rating in a research report on Friday, May 29th. Wall Street Zen cut Granite Construction from a "buy" rating to a "hold" rating in a research note on Saturday, July 18th. Finally, The Goldman Sachs Group reissued a "sell" rating and set a $139.00 price objective (down from $141.00) on shares of Granite Construction in a research report on Thursday, July 9th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $163.50. Granite Construction stock up 4.7%. GVA traded up $5.45 during trading hours on Friday, hitting $120.37. 555,975 shares of the company's stock were exchanged, compared to its average volume of 744,495. Granite Construction has a 12-month low of $89.80 and a 12-month high of $162.08. The firm has a 50 day moving average of $136.96 and a 200 day moving average of $130.56. The firm has a market cap of $5.27 billion, a P/E ratio of 34.64 and a beta of 1.29. The company has a current ratio of 1.09, a quick ratio of 0.97 and a debt-to-equity ratio of 0.80. Discover more Email & Messaging Stock Split Calculator Mass Merchants & Department Stores Granite Construction (NYSE:GVA - Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The construction company reported $0.26 EPS for the quarter, beating the consensus estimate of ($0.77) by $1.03. The company had revenue of $912.47 million during the quarter, compared to analysts' expectations of $782.26 million. Granite Construction had a net margin of 3.99% and a return on equity of 24.90%. The firm's revenue was up 30.4% compared to the same quarter last year. During the same quarter last year, the company posted $0.01 EPS. Analysts predict that Granite Construction will post 6.14 EPS for the current fiscal year. Insider activity at Granite Construction. In other news, SVP Bradley Jay Williams sold 6,734 shares of the company's stock in a transaction on Monday, June 8th. The shares were sold at an average price of $141.00, for a total value of $949,494.00. Following the completion of 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 position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director John Timothy Romer bought 375 shares of the company's stock in a transaction that occurred on Monday, June 15th. The stock was bought at an average cost of $143.65 per share, for a total transaction of $53,868.75. Following the completion of the transaction, the director directly owned 2,801 shares in the company, valued at approximately $402,363.65. The trade was a 15.46% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 0.88% of the stock is currently owned by corporate insiders. Institutional investors weigh in on Granite Construction. A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Aster Capital Management DIFC Ltd increased its position in shares of Granite Construction by 512.8% during the fourth quarter. Aster Capital Management DIFC Ltd now owns 239 shares of the construction company's stock worth $28,000 after purchasing an additional 200 shares in the last quarter. Newbridge Financial Services Group Inc. purchased a new position in Granite Construction during the 4th quarter worth approximately $29,000. Root Financial Partners LLC increased its position in Granite Construction by 30.9% during the first quarter. Root Financial Partners LLC now owns 381 shares of the construction company's stock worth $46,000 after buying an additional 90 shares during the period. Spire Wealth Management acquired a new position in Granite Construction during the fourth quarter worth approximately $46,000. Finally, Torren Management LLC purchased a new stake in Granite Construction in the fourth quarter valued at approximately $56,000. Granite Construction news summary. Here are the key news stories impacting Granite Construction this week: * Positive Sentiment: Second-quarter revenue rose approximately 29% year over year to $1.46 billion, exceeding the roughly $1.41 billion analyst estimate. Adjusted EBITDA increased 22% to about $186 million, indicating continued operating growth. Granite Reports Second Quarter 2026 Results * Positive Sentiment: Management raised its 2026 revenue guidance to $5.3 billion-$5.5 billion from $5.2 billion-$5.4 billion, supported by federal and state infrastructure funding as well as private-sector demand. Granite Construction's Dip Offers A Solid Entry Point * Positive Sentiment: One investment analysis described the pullback as an attractive entry opportunity, citing Granite's growth prospects and valuation. Recent analyst price targets have ranged from $139 to $180, above the stock's recent trading level. Granite Construction Nears Earnings * Neutral Sentiment: The company reaffirmed its adjusted EBITDA margin outlook of 12.25%-13.25%, suggesting that higher sales are not yet translating into stronger expected margins. Granite Construction Reports Mixed Q2 Results * Negative Sentiment: Granite reported a $278 million net loss, or a $6.36 diluted-per-share loss, versus $72 million of net income a year earlier. The loss primarily reflected a roughly $360 million non-operating charge tied to transactions involving its 3.75% convertible notes, overshadowing the strong operating results. Granite Reports Second Quarter 2026 Results * Negative Sentiment: Reported EPS also missed consensus on an adjusted basis, while the materials segment faced lower margins because of severe Southeast weather and higher quarry-development costs. Recent insider activity was predominantly selling, adding another potential source of investor caution. Granite Construction company profile. 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. Further reading. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Before you consider Granite Construction, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Granite Construction wasn't on the list. While Granite Construction currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. The space race is growing fast, and you don't have to have gotten in early on SpaceX to profit. This report shows seven space stocks you can buy today that may grow as rockets, satellites, defense, space internet, and new space technology become more important.

Memphis Stone & Gravel, a Granite subsidiary, has opened a new aggregate sales facility called River Yard in Memphis, Tennessee. The six-acre site, which began operations in July 2026, is strategically positioned on the Mississippi River to receive limestone products barged from Warren Paving's Slats Lucas Quarry in Salem, Kentucky. The facility marks Memphis Stone & Gravel's re-entry into the stone market after decades of focusing primarily on sand and gravel products. Initial inventory includes various limestone products such as 610s, No. 8, 810, No. 57, and No. 4 stone. The expansion strengthens Granite's presence in the Southeast, one of America's fastest-growing regions, by combining Warren Paving's quarry resources with Memphis Stone & Gravel's established market presence.