Great Lakes Dredge & Dock (GLDD) Projected to Post Quarterly Earnings on Tuesday

Key Points

• Great Lakes Dredge & Dock (GLDD) is set to release its Q2 2025 earnings report on August 5th, with analysts expecting earnings of $0.08 per share and revenue of $177.70 million.
• The company's last earnings report showed a significant beat with $0.49 earnings per share and revenue of $242.87 million, exceeding expectations by a notable margin.
• Insider trading activity includes the sale of shares by executives, with SVP Eleni Beyko selling 22,579 shares, indicating potential shifts in insider sentiment.

Great Lakes Dredge & Dock (NASDAQ:GLDD - Get Free Report) is expected to issue its Q2 2025 quarterly earnings data before the market opens on Tuesday, August 5th. Analysts expect the company to announce earnings of $0.08 per share and revenue of $177.70 million for the quarter.

Great Lakes Dredge & Dock (NASDAQ:GLDD - Get Free Report) last released its quarterly earnings results on Tuesday, May 6th. The construction company reported $0.49 EPS for the quarter, topping the consensus estimate of $0.25 by $0.24. The company had revenue of $242.87 million for the quarter, compared to analyst estimates of $206.70 million. Great Lakes Dredge & Dock had a return on equity of 15.72% and a net margin of 8.63%. On average, analysts expect Great Lakes Dredge & Dock to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Great Lakes Dredge & Dock Stock Performance

Shares of NASDAQ:GLDD traded down $0.16 during trading on Wednesday, reaching $11.24. The company had a trading volume of 401,175 shares, compared to its average volume of 368,292. Great Lakes Dredge & Dock has a fifty-two week low of $7.51 and a fifty-two week high of $12.89. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.33 and a quick ratio of 1.20. The stock's fifty day moving average price is $11.50 and its 200 day moving average price is $10.32. The firm has a market capitalization of $763.53 million, a price-to-earnings ratio of 11.02, a price-to-earnings-growth ratio of 0.99 and a beta of 1.30.

Insider Buying and Selling at Great Lakes Dredge & Dock

In other Great Lakes Dredge & Dock news, SVP Eleni Beyko sold 22,579 shares of the stock in a transaction on Tuesday, May 6th. The stock was sold at an average price of $10.26, for a total value of $231,660.54. Following the completion of the transaction, the senior vice president owned 50,138 shares in the company, valued at approximately $514,415.88. This represents a 31.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Ronald Steger sold 5,000 shares of the stock in a transaction on Tuesday, June 3rd. The stock was sold at an average price of $11.59, for a total value of $57,950.00. Following the completion of the transaction, the director owned 20,404 shares of the company's stock, valued at $236,482.36. The trade was a 19.68% decrease in their position. The disclosure for this sale can be found here. 2.20% of the stock is owned by company insiders.

Institutional Trading of Great Lakes Dredge & Dock

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Great Lakes Dredge & Dock by 4.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,190 shares of the construction company's stock valued at $341,000 after buying an additional 1,653 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Great Lakes Dredge & Dock by 1.2% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 246,766 shares of the construction company's stock worth $2,147,000 after acquiring an additional 3,042 shares in the last quarter. Royal Bank of Canada lifted its position in Great Lakes Dredge & Dock by 9.9% during the 1st quarter. Royal Bank of Canada now owns 35,035 shares of the construction company's stock worth $305,000 after acquiring an additional 3,169 shares in the last quarter. Strs Ohio acquired a new position in Great Lakes Dredge & Dock during the 1st quarter worth approximately $45,000. Finally, Jane Street Group LLC raised its position in shares of Great Lakes Dredge & Dock by 80.0% in the 1st quarter. Jane Street Group LLC now owns 74,222 shares of the construction company's stock valued at $646,000 after purchasing an additional 32,987 shares in the last quarter. Hedge funds and other institutional investors own 89.11% of the company's stock.

Analyst Ratings Changes

Separately, Wall Street Zen raised Great Lakes Dredge & Dock from a "hold" rating to a "buy" rating in a report on Monday, May 19th.

Great Lakes Dredge & Dock Company Profile

Great Lakes Dredge & Dock Corp. engages in the provision of dredging services. Its projects include channel and port maintenance, channel deepening and port expansion, coastal protection and restoration, as well as land reclamation. The company was founded by William A. Lydon and Frederick C. Drews in 1890 and is headquartered in Houston, TX.