Sidoti Csr Issues Positive Outlook for GLDD Earnings

Key Points

• Sidoti Csr has raised its Q4 2025 earnings per share estimate for Great Lakes Dredge & Dock from $0.20 to $0.22, with the current consensus for the full year at $0.69 per share.
• Wall Street Zen upgraded Great Lakes Dredge & Dock from a "hold" rating to a "buy" rating, signaling increased confidence in the company's financial performance.
• Recent stock performance shows Great Lakes Dredge & Dock trading at $11.66 with a market cap of $792.61 million, and its stock has fluctuated between a one-year low of $7.51 and a high of $12.89.

Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD - Free Report) - Analysts at Sidoti Csr upped their Q4 2025 earnings estimates for Great Lakes Dredge & Dock in a report released on Monday, August 11th. Sidoti Csr analyst J. Romero now anticipates that the construction company will post earnings of $0.22 per share for the quarter, up from their previous forecast of $0.20. The consensus estimate for Great Lakes Dredge & Dock's current full-year earnings is $0.69 per share. Sidoti Csr also issued estimates for Great Lakes Dredge & Dock's Q2 2026 earnings at $0.18 EPS.

Great Lakes Dredge & Dock (NASDAQ:GLDD - Get Free Report) last issued its earnings results on Tuesday, August 5th. The construction company reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.08 by $0.06. The firm had revenue of $193.76 million for the quarter, compared to the consensus estimate of $177.70 million. Great Lakes Dredge & Dock had a net margin of 8.63% and a return on equity of 15.61%.

Other research analysts also recently issued research reports about the stock. Zacks Research upgraded shares of Great Lakes Dredge & Dock to a "strong-buy" rating in a research note on Tuesday, August 12th. Wall Street Zen upgraded shares of Great Lakes Dredge & Dock from a "hold" rating to a "buy" rating in a research note on Monday, May 19th.

Great Lakes Dredge & Dock Stock Down 0.2%

Shares of NASDAQ GLDD traded down $0.02 during midday trading on Thursday, hitting $11.35. The stock had a trading volume of 659,751 shares, compared to its average volume of 433,894. The business's 50 day moving average is $11.50 and its 200-day moving average is $10.27. The company has a market cap of $771.74 million, a P/E ratio of 10.81, a PEG ratio of 0.93 and a beta of 1.35. Great Lakes Dredge & Dock has a 52 week low of $7.51 and a 52 week high of $12.89. The company has a quick ratio of 1.02, a current ratio of 1.15 and a debt-to-equity ratio of 0.87.

Insiders Place Their Bets

In related news, Director Ronald Steger sold 5,000 shares of the stock in a transaction that occurred on Tuesday, June 3rd. The shares were sold at an average price of $11.59, for a total transaction of $57,950.00. Following the transaction, the director owned 20,404 shares in the company, valued at $236,482.36. This represents a 19.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 2.20% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Tower Research Capital LLC TRC lifted its position in Great Lakes Dredge & Dock by 440.8% during the second quarter. Tower Research Capital LLC TRC now owns 12,816 shares of the construction company's stock valued at $156,000 after purchasing an additional 10,446 shares during the period. Lazard Asset Management LLC bought a new position in Great Lakes Dredge & Dock in the second quarter worth approximately $410,000. Cubist Systematic Strategies LLC raised its position in Great Lakes Dredge & Dock by 404.0% in the second quarter. Cubist Systematic Strategies LLC now owns 492,191 shares of the construction company's stock worth $6,000,000 after acquiring an additional 394,543 shares during the period. BNP Paribas Financial Markets raised its position in Great Lakes Dredge & Dock by 11.0% in the second quarter. BNP Paribas Financial Markets now owns 469,259 shares of the construction company's stock worth $5,720,000 after acquiring an additional 46,430 shares during the period. Finally, Bridgeway Capital Management LLC raised its position in Great Lakes Dredge & Dock by 8.7% in the second quarter. Bridgeway Capital Management LLC now owns 242,820 shares of the construction company's stock worth $2,960,000 after acquiring an additional 19,467 shares during the period. Institutional investors own 89.11% of the company's stock.

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.