How have GLDD shares performed in 2024?

Great Lakes Dredge & Dock's stock was trading at $7.68 at the start of the year. Since then, GLDD shares have decreased by 3.9% and is now trading at $7.38. View the best growth stocks for 2024 here .

Are investors shorting Great Lakes Dredge & Dock?

Great Lakes Dredge & Dock saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 1,340,000 shares, a decline of 15.2% from the March 15th total of 1,580,000 shares. Based on an average daily volume of 372,400 shares, the days-to-cover ratio is currently 3.6 days. Currently, 2.1% of the shares of the stock are sold short. View Great Lakes Dredge & Dock's Short Interest .

When is Great Lakes Dredge & Dock's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024. View our GLDD earnings forecast .

How were Great Lakes Dredge & Dock's earnings last quarter?

Great Lakes Dredge & Dock Co. (NASDAQ:GLDD) issued its quarterly earnings data on Wednesday, February, 14th. The construction company reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.16. The construction company had revenue of $181.73 million for the quarter, compared to analysts' expectations of $190.05 million. Great Lakes Dredge & Dock had a net margin of 2.36% and a trailing twelve-month return on equity of 2.56%.

What ETFs hold Great Lakes Dredge & Dock's stock?

ETFs with the largest weight of Great Lakes Dredge & Dock (NASDAQ:GLDD) stock in their portfolio include Procure Disaster Recovery Strategy ETF (FIXT) and Procure Disaster Recovery Strategy ETF (FEMA) . IQ Chaikin U.S. Small Cap ETF (CSML) .

What is Lasse Petterson's approval rating as Great Lakes Dredge & Dock's CEO?

8 employees have rated Great Lakes Dredge & Dock Chief Executive Officer Lasse Petterson on Glassdoor.com . Lasse Petterson has an approval rating of 32% among the company's employees. This puts Lasse Petterson in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Great Lakes Dredge & Dock own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Great Lakes Dredge & Dock investors own include Advanced Micro Devices (AMD) , General Electric (GE) , AT&T (T) , AbbVie (ABBV) , Cisco Systems (CSCO) , Ford Motor (F) , Energy Transfer (ET) , Intel (INTC) , QUALCOMM (QCOM) and Bristol-Myers Squibb (BMY) .

How do I buy shares of Great Lakes Dredge & Dock?

Shares of GLDD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does Great Lakes Dredge & Dock have any subsidiaries?

The following companies are subsidiares of Great Lakes Dredge & Dock: Drews Services LLC, Great Lakes Dredge & Dock (Bahamas) Ltd., Great Lakes Dredge & Dock Company LLC, Great Lakes Dredge & Dock do Brasil Ltda., Great Lakes Environmental & Infrastructure Solutions LLC, Great Lakes U.S. Fleet Management LLC, NASDI Holdings LLC, Terra Contracting Services LLC, and Terra Fluid Management LLC. Read More

NASDAQ:GLDD

Great Lakes Dredge & Dock (GLDD) Stock Price, News & Analysis

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$7.38

-0.06 (-0.81%)

(As of 04/18/2024 ET)

Compare

Today's Range: $7.31
▼
$7.49
50-Day Range: $7.44
▼
$9.55
52-Week Range: $5.26
▼
$9.78

Volume: 329,043 shs
Average Volume: 365,269 shs
Market Capitalization: $492.54 million

P/E Ratio: 35.14
Dividend Yield: N/A
Price Target: N/A

Get Great Lakes Dredge & Dock alerts:

Great Lakes Dredge & Dock MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
2.09% of Float Sold Short
Dividend Strength: N/A
Sustainability: -5.07
Upright™ Environmental Score
News Sentiment: 1.21
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 19.30%
From $0.57 to $0.68 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.10 out of 5 stars

Construction Sector

58th out of 100 stocks

Heavy Construction, Except Building Construction - Contractors Industry

2nd out of 9 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Great Lakes Dredge & Dock.

5.0

Short Interest

Percentage of Shares Shorted
2.09% of the float of Great Lakes Dredge & Dock has been sold short.
Short Interest Ratio / Days to Cover
Great Lakes Dredge & Dock has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Great Lakes Dredge & Dock has recently decreased by 15.19%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Great Lakes Dredge & Dock does not currently pay a dividend.
Dividend Growth
Great Lakes Dredge & Dock does not have a long track record of dividend growth.

3.2

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Great Lakes Dredge & Dock has received a 32.47% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is driven by its "Excavating and earthmoving works for construction of ports" and "Excavating and earthmoving works for renovation of ports" products. See details.
Environmental Sustainability
The Environmental Impact score for Great Lakes Dredge & Dock is -5.07.

2.3

News and Social Media Coverage

News Sentiment
Great Lakes Dredge & Dock has a news sentiment score of 1.21. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.55 average news sentiment score of Construction companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Great Lakes Dredge & Dock this week, compared to 2 articles on an average week.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Great Lakes Dredge & Dock insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 2.20% of the stock of Great Lakes Dredge & Dock is held by insiders.
Percentage Held by Institutions
89.11% of the stock of Great Lakes Dredge & Dock is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Great Lakes Dredge & Dock are expected to grow by 19.30% in the coming year, from $0.57 to $0.68 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Great Lakes Dredge & Dock is 35.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.12.
Price to Earnings Ratio vs. Sector
The P/E ratio of Great Lakes Dredge & Dock is 35.14, which means that it is trading at a more expensive P/E ratio than the Construction sector average P/E ratio of about 17.58.
Price to Earnings Growth Ratio
Great Lakes Dredge & Dock has a PEG Ratio of 1.31. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Great Lakes Dredge & Dock has a P/B Ratio of 1.27. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Great Lakes Dredge & Dock Stock (NASDAQ:GLDD)

Great Lakes Dredge & Dock Corporation provides dredging services in the United States. The company engages in capital dredging that consists of port expansion projects; coastal restoration and land reclamations; trench digging for pipelines, tunnels, and cables; and other dredging related to the construction of breakwaters, jetties, canals, and other marine structures. It is also involved in coastal protection projects that comprises of moving sand from the ocean floor to shoreline locations where erosion threatens shoreline assets; maintenance dredging, which consists of the re-dredging of previously deepened waterways and harbors to remove silt, sand, and other accumulated sediments; lake and river dredging, inland levee and construction dredging, environmental restoration and habitat improvement, and other marine construction projects; and land reclamations, channel deepening, and port infrastructure development. The company serves federal, state, and local governments; foreign governments; and domestic and foreign private concerns, such as utilities, oil and gas, and other energy companies. It operates hydraulic dredges, hopper dredges, mechanical dredges, unloaders, drill boats, and material and other barges equipment. The company was formerly known as Lydon & Drews Partnership and changed its name to Great Lakes Dredge & Dock Corporation in 1905. Great Lakes Dredge & Dock Corporation was founded in 1890 and is headquartered in Houston, Texas.

GLDD Stock Price History

30 days | 90 days | 365 days | Advanced Chart

GLDD Stock News Headlines

April 17, 2024 | finance.yahoo.com

Great Lakes Dredge & Dock Corporation (GLDD)

April 11, 2024 | finance.yahoo.com

What Drove Great Lakes Dredge & Dock (GLDD) Stock in Early 2024?

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

April 10, 2024 | americanbankingnews.com

Great Lakes Dredge & Dock (NASDAQ:GLDD) Stock Price Crosses Above 200 Day Moving Average of $7.80

April 9, 2024 | msn.com

Horror fishing game Dredge being adapted for live-action movie

April 6, 2024 | finance.yahoo.com

Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) is largely controlled by institutional shareholders who own 84% of the company

April 4, 2024 | msn.com

U.S. Windmills May Turbocharge Revenue for This Small Dredging Company

March 20, 2024 | finance.yahoo.com

When Should You Buy Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD)?

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

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March 15, 2024 | ca.finance.yahoo.com

MTZ Oct 2024 80.000 put

March 12, 2024 | wsj.com

Great Lakes Dredge & Dock Corp.

March 4, 2024 | finance.yahoo.com

Should We Be Cautious About Great Lakes Dredge & Dock Corporation's (NASDAQ:GLDD) ROE Of 3.6%?

February 25, 2024 | seekingalpha.com

Great Lakes Dredge & Dock: A Good Opportunity With Minimal Downside Risk

February 19, 2024 | finance.yahoo.com

Great Lakes Dredge & Dock (GLDD)'s Technical Outlook is Bright After Key Golden Cross

February 16, 2024 | finance.yahoo.com

Great Lakes Dredge & Dock (NASDAQ:GLDD) May Have Issues Allocating Its Capital

February 15, 2024 | finance.yahoo.com

Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) Q4 2023 Earnings Call Transcript

February 15, 2024 | finance.yahoo.com

Q4 2023 Great Lakes Dredge & Dock Corp Earnings Call

February 14, 2024 | forbes.com

Great Lakes Dredge & Dock (GLDD) Finally Turns The Corner

February 14, 2024 | fool.com

Why Great Lakes Dredge & Dock Is Floating Higher Today

February 14, 2024 | fool.com

Why Great Lakes Dredge & Dock Is Floating Higher Today

February 14, 2024 | finanznachrichten.de

Great Lakes Dredge & Dock Corporation: Great Lakes Reports Fourth Quarter and Full Year 2023 Results

February 14, 2024 | finance.yahoo.com

Great Lakes Dredge & Dock (GLDD) Q4 Earnings Beat Estimates

February 14, 2024 | msn.com

Great Lakes Dredge & DockEPS of $0.32, revenue of $181.7M misses by $9.6M

February 14, 2024 | finance.yahoo.com

Great Lakes Reports Fourth Quarter and Full Year 2023 Results

February 14, 2024 | globenewswire.com

Great Lakes Reports Fourth Quarter and Full Year 2023 Results

February 13, 2024 | benzinga.com

Earnings Outlook For Great Lakes Dredge & Dock

February 13, 2024 | msn.com

Great Lakes Dredge & Dock Q4 2023 Earnings Preview

See More Headlines

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Company Calendar

Last Earnings: 2/14/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/07/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Construction
Industry: Heavy construction, except building construction - contractors
Sub-Industry: Construction & Engineering
Current Symbol: NASDAQ:GLDD
CUSIP: 39060710
CIK: 1372020
Web: www.gldd.com
Phone: (346) 359-1010
Fax: 630-574-2909
Employees: 367
Year Founded: 1890

Profitability

EPS (Most Recent Fiscal Year): $0.21
Trailing P/E Ratio: 35.43
Forward P/E Ratio: 13.05
P/E Growth: 1.31
Net Income: $13.91 million
Net Margins: 2.36%
Pretax Margin: 3.11%
Return on Equity: 2.56%
Return on Assets: 0.91%

Debt

Debt-to-Equity Ratio: 1.07
Current Ratio: 1.26
Quick Ratio: 1.07

Sales & Book Value

Annual Sales: $589.62 million
Price / Sales: 0.84
Cash Flow: $0.78 per share
Price / Cash Flow: 9.51
Book Value: $5.79 per share
Price / Book: 1.28

Miscellaneous

Outstanding Shares: 66,740,000
Free Float: 65,268,000
Market Cap: $496.55 million
Optionable: Optionable
Beta: 0.96

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Key Executives

Mr. Lasse J. Petterson (Age 68)
CEO, President & Director
Comp: $829.96k
Mr. Scott Lee Kornblau (Age 53)
Senior VP, Treasurer & CFO
Comp: $464.36k
Ms. Eleni Beyko Ph.D. (Age 58)
Senior Vice President of Offshore Wind
Comp: $355.33k
Mr. Ryan Bayer (Age 41)
VP & Chief Accounting Officer
Mr. Trond Ellefsen
VP and CTO of Technology & Innovation
Tina A. Baginskis
Director of Investor Relations
Mr. Steven W. Becker (Age 62)
Senior Vice President of Fleet Engineering
Mr. William H. Hanson (Age 67)
Senior Vice President of Market Development
Comp: $461.23k
Ms. Lynn Nietfeld
Senior Vice President of East Coast Region
Mr. Mark Reid
Senior Vice President of Capital Projects

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

GLDD Stock Analysis - Frequently Asked Questions

How have GLDD shares performed in 2024?: Great Lakes Dredge & Dock's stock was trading at $7.68 at the start of the year. Since then, GLDD shares have decreased by 3.9% and is now trading at $7.38.
View the best growth stocks for 2024 here.
Are investors shorting Great Lakes Dredge & Dock?: Great Lakes Dredge & Dock saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 1,340,000 shares, a decline of 15.2% from the March 15th total of 1,580,000 shares. Based on an average daily volume of 372,400 shares, the days-to-cover ratio is currently 3.6 days. Currently, 2.1% of the shares of the stock are sold short.
View Great Lakes Dredge & Dock's Short Interest.
When is Great Lakes Dredge & Dock's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our GLDD earnings forecast.
How were Great Lakes Dredge & Dock's earnings last quarter?: Great Lakes Dredge & Dock Co. (NASDAQ:GLDD) issued its quarterly earnings data on Wednesday, February, 14th. The construction company reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.16. The construction company had revenue of $181.73 million for the quarter, compared to analysts' expectations of $190.05 million. Great Lakes Dredge & Dock had a net margin of 2.36% and a trailing twelve-month return on equity of 2.56%.
What ETFs hold Great Lakes Dredge & Dock's stock?: ETFs with the largest weight of Great Lakes Dredge & Dock (NASDAQ:GLDD) stock in their portfolio include Procure Disaster Recovery Strategy ETF (FIXT) and Procure Disaster Recovery Strategy ETF (FEMA).IQ Chaikin U.S. Small Cap ETF (CSML).

What is Lasse Petterson's approval rating as Great Lakes Dredge & Dock's CEO?: 8 employees have rated Great Lakes Dredge & Dock Chief Executive Officer Lasse Petterson on Glassdoor.com. Lasse Petterson has an approval rating of 32% among the company's employees. This puts Lasse Petterson in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Great Lakes Dredge & Dock own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Great Lakes Dredge & Dock investors own include Advanced Micro Devices (AMD), General Electric (GE), AT&T (T), AbbVie (ABBV), Cisco Systems (CSCO), Ford Motor (F), Energy Transfer (ET), Intel (INTC), QUALCOMM (QCOM) and Bristol-Myers Squibb (BMY).
How do I buy shares of Great Lakes Dredge & Dock?: Shares of GLDD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does Great Lakes Dredge & Dock have any subsidiaries?: The following companies are subsidiares of Great Lakes Dredge & Dock: Drews Services LLC, Great Lakes Dredge & Dock (Bahamas) Ltd., Great Lakes Dredge & Dock Company LLC, Great Lakes Dredge & Dock do Brasil Ltda., Great Lakes Environmental & Infrastructure Solutions LLC, Great Lakes U.S. Fleet Management LLC, NASDI Holdings LLC, Terra Contracting Services LLC, and Terra Fluid Management LLC.
Read More

This page (NASDAQ:GLDD) was last updated on 4/18/2024 by MarketBeat.com Staff

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Great Lakes Dredge & Dock (GLDD) Stock Price, News & Analysis

Great Lakes Dredge & Dock MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Company Ownership

Earnings and Valuation

About Great Lakes Dredge & Dock Stock (NASDAQ:GLDD)

GLDD Stock Price History

GLDD Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

GLDD Stock Analysis - Frequently Asked Questions

Overall MarketRank^™