Company profile

Ticker
GV
Exchange
CEO
Stephen R. Wherry / Jason M. Spivey
Employees
Incorporated
Location
Fiscal year end
SEC CIK
IRS number
880031580

GV stock data

(
)

Calendar

4 Nov 20
3 Dec 20
31 Dec 20

News

Quarter (USD) Sep 20 Jun 20 Mar 20 Sep 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Goldfield earnings reports.

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
1 Oct 20 Stephen R Wherry Common Stock Grant Aquire A No 0 50,000 0 105,000
1 Oct 20 Jason M Spivey Common Stock Grant Aquire A No 0 50,000 0 50,000
22 May 20 Appel Stephen L Common Stock Buy Aquire P No 3.75 5,000 18.75K 6,000
28.4% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 39 34 +14.7%
Opened positions 9 6 +50.0%
Closed positions 4 3 +33.3%
Increased positions 9 12 -25.0%
Reduced positions 10 6 +66.7%
13F shares
Current Prev Q Change
Total value 29.44M 25.35M +16.1%
Total shares 6.96M 6.83M +1.9%
Total puts 19.8K 40K -50.5%
Total calls 70.2K 0 NEW
Total put/call ratio 0.3 Infinity NaN%
Largest owners
Shares Value Change
Renaissance Technologies 2.14M $9.05M +3.5%
Dimensional Fund Advisors 1.85M $7.83M -0.9%
Vanguard 1.18M $4.97M 0.0%
BLK Blackrock 433.29K $1.83M -0.3%
Bridgeway Capital Management 359.28K $1.52M -5.3%
Shufro Rose & Co 235.75K $997K 0.0%
Geode Capital Management 147.67K $624K 0.0%
California Public Employees Retirement System 116.05K $491K 0.0%
NTRS Northern Trust 92.04K $389K -3.8%
O'shaughnessy Asset Management 61.33K $259K +2.8%
Largest transactions
Shares Bought/sold Change
Renaissance Technologies 2.14M +71.41K +3.5%
Squarepoint Ops 31.56K +31.56K NEW
Qube Research & Technologies 29.29K +29.29K NEW
Bridgeway Capital Management 359.28K -20K -5.3%
Nkcfo 19.96K +19.96K NEW
Alambic Investment Management 0 -17.83K EXIT
FNY Investment Advisers 38.91K +17.5K +81.7%
Dimensional Fund Advisors 1.85M -16.62K -0.9%
James Investment Research 14.35K +14.35K NEW
GWM Advisors 14.35K +14.35K NEW

Financial report summary

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Risks
  • We derive a significant portion of our revenue from a small group of customers. The loss of one or more of these customers could negatively impact our revenue and results of operations.
  • The electrical construction industry is highly competitive.
  • Our business is affected by the spending patterns of our customers, exposing us to variable quarterly results.
  • An adverse change in economic conditions in the electric utility industry might reduce the demand for our services.
  • Skilled labor shortages and increased labor costs may negatively affect our ability to compete for new projects.
  • We possess a significant amount of accounts receivable and costs and estimated earnings in excess of billings assets.
  • Amounts included in our backlog may not result in revenue or translate into profits.
  • An inability to obtain bonding would have a negative impact on our operations and results.
  • Our capital expenditures may fluctuate as a result of changes in business requirements.
  • We may be unable to secure sufficient independent subcontractors to fulfill our obligations, or our independent subcontractors may fail to satisfy their obligations.
  • Our business may be affected by difficult work sites and environments, which could cause delays and increase our costs.
  • Our unionized workforce and related obligations could adversely affect our operations.
  • We may be required to contribute cash to meet our underfunded obligations in certain multi-employer pension plans.
  • Adverse weather conditions and climate change risk expose us to variable quarterly results.
  • Compliance with environmental laws and regulations may be costly.
  • Our operating results may vary significantly from period-to-period.
  • Our actual costs may be greater than expected in performing our fixed-price and unit-price contracts.
  • We engage in real estate activities which are speculative and involve a high degree of risk.
  • Changes in national and regional economic conditions, as well as local economic conditions where we conduct our real estate development operations and where prospective purchasers of our homes live, can have a negative impact on our business. Adverse changes in employment levels, job growth, consumer confidence, interest rates and population growth may reduce demand and depress prices for our homes. This, in turn, can reduce our earnings.
  • If land is not available at reasonable prices, our sales and earnings could decrease.
  • If the market value of our land and developments drops significantly, our profits could decrease.
  • Government regulations and legal challenges may delay the start or completion of our developments, increase our expenses or limit our building activities, which could have a negative impact on our operations.
  • Our real estate business is concentrated in Florida, which increases our exposure to local adverse events.
  • Adverse weather conditions and conditions in nature beyond our control could significantly impact our revenue and profitability.
  • Product liability litigation and warranty claims that arise in the ordinary course of business may be costly, which could adversely affect our business.
  • If we are not able to obtain suitable financing, our business may decline.
  • If our potential customers are not able to obtain suitable financing, our business may decline.
  • We rely on outside professionals whose errors could increase our costs.
  • Our revenue and operating results have fluctuated in the past and may continue to do so in the future.
  • We may be subject to environmental liabilities that could adversely affect our results of operations or the value of our properties.
  • Increased insurance risk could negatively affect our business.
  • We could be adversely affected by environmental liabilities associated with our former mining business.
  • The violation of our debt covenants imposed by our credit facility could impact our access to that credit facility and therefore our cash flows.
  • The phase out of the London Interbank Offered Rate (LIBOR), or the replacement of LIBOR with a different reference rate, may adversely affect interest rates.
  • Failure to protect critical data and technology systems adequately could materially affect our operations.
Management Discussion
  • We make “forward-looking statements” within the meaning of the “safe harbor” provision of the Private Securities Litigation Reform Act of 1995 throughout this document. You can identify these statements by forward-looking words such as “may,” “will,” “expect,” “anticipate,” “believe,” “estimate,” “plan,” and “continue” or similar words. We have based these statements on our current expectations about future events. Although we believe that our expectations reflected in or suggested by our forward-looking statements are reasonable, we cannot assure you that these expectations will be achieved. Our actual results may differ materially from what we currently expect. Factors that may affect the results of our operations include, among others: the level of construction activities by public utilities; the concentration of revenue from a limited number of utility customers; the loss of one or more significant customers; the timing and duration of construction projects for which we are engaged; our ability to estimate accurately with respect to fixed-price construction contracts; and heightened competition in the electrical construction field, including intensification of price competition. Other factors that may affect the results of our operations include, among others: adverse weather; natural disasters; global pandemics; effects of climate changes; changes in generally accepted accounting principles; ability to obtain necessary permits from regulatory agencies; our ability to maintain or increase historical revenue and profit margins; general economic conditions, both nationally and in our region; adverse legislation or regulations; availability of skilled construction labor and materials and material increases in labor and material costs; and our ability to obtain additional and/or renew financing. Other important factors which could cause our actual results to differ materially from the forward-looking statements in this document include, but are not limited to, those discussed in the “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” and “Risk Factors” sections and should be considered while evaluating our business, financial condition, results of operations and prospects.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. sophomore Avg
New words: antidilutive, categorized, death, expanded, half, October, overpayment, owed, passed, repaid, Retention, storm, unvested
Removed: conform, crew, john, reclassification, reclassified, restated, sottile