Great Lakes Dredge & Dock Corporation Company Profile (NASDAQ:GLDD)

About Great Lakes Dredge & Dock Corporation

Great Lakes Dredge & Dock Corporation logoGreat Lakes Dredge & Dock Corporation is a provider of dredging services. The Company provides dredging services in the East, West and Gulf Coasts of the United States and around the world. It operates in two segments: Dredging Operations, which involves enhancement or preservation of navigability of waterways or the protection of shorelines through the removal or replenishment of soil, sand or rock, and Environmental & Remediation Operations, which provides construction services on soil, water and sediment for clients in both the public and private sectors in the United States. It holds interests in Amboy Aggregates, which is involved in mining sand from the entrance channel to New York Harbor for providing sand and aggregate for use in road and building construction and for clean land fill; Lower Main Street Development, LLC, which is engaged in land development and sale business, and TerraSea Environmental Solutions, which is engaged in the environmental services business.

Industry, Sector and Symbol:
  • Sector: Construction
  • Industry: Heavy Construction
  • Sub-Industry: Construction & Engineering
  • Exchange: NASDAQ
  • Symbol: GLDD
  • CUSIP: 39060710
Key Metrics:
  • Previous Close: $4.95
  • 50 Day Moving Average: $4.78
  • 200 Day Moving Average: $4.15
  • 52-Week Range: $3.05 - $5.45
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 35.36
  • P/E Growth: -8.84
  • Market Cap: $301.65M
  • Outstanding Shares: 60,940,000
  • Beta: 1.06
Profitability:
  • Net Margins: -0.26%
  • Return on Equity: -0.81%
  • Return on Assets: -0.23%
Debt:
  • Debt-to-Equity Ratio: 1.25%
  • Current Ratio: 1.29%
  • Quick Ratio: 1.14%
Additional Links:
Companies Related to Great Lakes Dredge & Dock Corporation:

Analyst Ratings

Consensus Ratings for Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) (?)
Ratings Breakdown: 2 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $4.50 (9.09% downside)

Analysts' Ratings History for Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD)
Show:
DateFirmActionRatingPrice TargetDetails
8/8/2016Imperial CapitalDowngradeOutperform -> In-Line$5.50 -> $4.00View Rating Details
8/5/2016DA DavidsonLower Price TargetNeutral$5.00 -> $4.00View Rating Details
3/18/2016StephensUpgradeEqual Weight -> Overweight$5.50View Rating Details
(Data available from 2/21/2015 forward)

Earnings

Earnings History for Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/22/2017($0.05)N/AView Earnings Details
11/2/2016Q316$0.03$0.08$201.35 million$198.90 millionViewN/AView Earnings Details
8/4/2016Q216$0.01($0.03)$222.13 million$192.19 millionViewN/AView Earnings Details
5/3/2016Q116($0.07)($0.07)$178.57 million$163.12 millionViewN/AView Earnings Details
2/23/2016Q415$0.04($0.01)$228.60 million$222.60 millionViewListenView Earnings Details
8/4/2015Q215$0.07$0.05$227.10 million$238.90 millionViewListenView Earnings Details
5/5/2015Q115($0.02)($0.14)$204.98 million$174.56 millionViewListenView Earnings Details
2/24/2015Q414$0.13$0.33$233.33 million$245.50 millionViewListenView Earnings Details
11/5/2014Q314$0.10($0.01)$206.52 million$202.20 millionViewN/AView Earnings Details
8/5/2014Q214$0.07$0.06$189.15 million$184.70 millionViewN/AView Earnings Details
5/6/2014Q114($0.01)($0.04)$198.15 million$174.40 millionViewN/AView Earnings Details
2/25/2014Q413$0.06$0.08$203.00 million$216.30 millionViewN/AView Earnings Details
11/5/2013Q313$0.05$0.02$183.14 million$198.80 millionViewN/AView Earnings Details
8/8/2013Q2 2013$0.08($0.42)$191.83 million$152.86 millionViewN/AView Earnings Details
5/6/2013Q1 2013$0.04$0.01$168.93 million$188.80 millionViewN/AView Earnings Details
3/14/2013Q4 2012$0.19$0.01$153.28 million$207.10 millionViewN/AView Earnings Details
11/6/2012Q312$0.13($0.04)$177.78 million$166.80 millionViewN/AView Earnings Details
8/7/2012$0.09$0.07ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD)
Current Year EPS Consensus Estimate: $-0.07 EPS
Next Year EPS Consensus Estimate: $0.14 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20164($0.06)($0.02)($0.04)
Q2 20162$0.00$0.02$0.01
Q3 20162$0.02$0.02$0.02
Q4 20162($0.02)$0.05$0.02
Q1 20171$0.01$0.01$0.01
Q2 20171$0.03$0.03$0.03
Q3 20171$0.05$0.05$0.05
Q4 20171$0.06$0.06$0.06
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/12/2012special$0.2512/19/201212/21/201212/28/2012
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD)
Insider Ownership Percentage: 3.75%
Institutional Ownership Percentage: 72.84%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/7/2016Robert B UhlerDirectorBuy7,930$3.21$25,455.30View SEC Filing  
8/9/2016Robert B UhlerDirectorBuy35,000$4.02$140,700.00View SEC Filing  
9/14/2015Nathan LeightDirectorBuy12,900$5.25$67,725.00View SEC Filing  
8/24/2015Nathan LeightDirectorBuy19,000$5.28$100,320.00View SEC Filing  
8/20/2015Nathan LeightDirectorBuy13,000$5.52$71,760.00View SEC Filing  
8/18/2015Nathan LeightDirectorBuy17,809$5.60$99,730.40View SEC Filing  
6/12/2015Nathan LeightDirectorBuy15,000$5.98$89,700.00View SEC Filing  
6/11/2015Maryann WaryjasSVPBuy5,200$5.90$30,680.00View SEC Filing  
6/11/2015Nathan LeightDirectorBuy14,791$5.94$87,858.54View SEC Filing  
6/9/2015Nathan LeightDirectorBuy8,742$5.76$50,353.92View SEC Filing  
6/8/2015Nathan LeightDirectorBuy6,100$5.72$34,892.00View SEC Filing  
6/5/2015Nathan LeightDirectorBuy6,000$5.72$34,320.00View SEC Filing  
6/3/2015Nathan LeightDirectorBuy7,000$5.71$39,970.00View SEC Filing  
6/1/2015Nathan LeightDirectorBuy12,200$5.57$67,954.00View SEC Filing  
5/22/2015Nathan LeightDirectorBuy167$5.67$946.89View SEC Filing  
5/12/2015Nathan LeightDirectorBuy5,000$5.79$28,950.00View SEC Filing  
5/11/2015Nathan LeightDirectorBuy5,000$5.71$28,550.00View SEC Filing  
5/7/2015Jonathan W BergerCEOBuy3,595$5.62$20,203.90View SEC Filing  
12/12/2014David E SimonelliInsiderSell10,000$8.00$80,000.00View SEC Filing  
3/14/2014Peter DeutschDirectorSell15,452$8.96$138,449.92View SEC Filing  
12/2/2013David SimonelliInsiderSell2,000$8.88$17,760.00View SEC Filing  
5/21/2013Kyle D JohnsonSVPSell7,659$8.20$62,803.80View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD)
DateHeadline
News IconSteering Attention Towards Earnings; Analysts Weigh in on Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD ... - Aiken Advocate (NASDAQ:GLDD)
aikenadvocate.com - February 18 at 4:59 PM
News IconEquity in Review: Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) - BVN (NASDAQ:GLDD)
bvnewsjournal.com - February 18 at 4:59 PM
News IconMarket Center: Following Shares of Great Lakes Dredge & Dock Corporation (GLDD) - Benton Bulletin (NASDAQ:GLDD)
bentonbulletin.com - February 17 at 4:01 PM
News IconGreat Lakes Dredge Takes Most of the Domestic Market in Q1 (NASDAQ:GLDD)
www.dredgingtoday.com - February 16 at 5:23 PM
finance.yahoo.com logoGreat Lakes Dredge & Dock Corporation Schedules Announcement of 2016 Fourth Quarter Results (NASDAQ:GLDD)
finance.yahoo.com - February 16 at 5:23 PM
News IconRelative Strength Index Reveals Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) Has Hit Overbought Range - Aiken Advocate (NASDAQ:GLDD)
aikenadvocate.com - February 13 at 6:20 PM
biz.yahoo.com logoGREAT LAKES DREDGE & DOCK CORP Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements an (NASDAQ:GLDD)
biz.yahoo.com - February 8 at 5:59 PM
News IconStock Perspective: Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) Company Earnings Watch - Aiken Advocate (NASDAQ:GLDD)
aikenadvocate.com - January 28 at 5:34 PM
News IconTrading Focus: Eye on Shares of Great Lakes Dredge & Dock Corporation (GLDD) - Rives Journal (NASDAQ:GLDD)
rivesjournal.com - January 28 at 5:34 PM
streetinsider.com logoGreat Lakes Dredge & Dock (GLDD) Names Lawrence Dickerson and D. Michael Steuert to Board of Directors (NASDAQ:GLDD)
www.streetinsider.com - January 27 at 4:55 AM
News IconTwo New Members Join Great Lakes Board (NASDAQ:GLDD)
www.dredgingtoday.com - January 27 at 4:55 AM
News IconWilliams %R, RSI, and ADX Update for Great Lakes Dredge & Dock Corporation (GLDD) - Sherwood Daily (NASDAQ:GLDD)
sherwooddaily.com - January 26 at 6:52 PM
streetinsider.com logoGreat Lakes Dredge & Dock (GLDD) Names Lawrence Dickerson ... - StreetInsider.com (NASDAQ:GLDD)
www.streetinsider.com - January 26 at 6:52 PM
marketnewsvideo.com logoNotable Wednesday Option Activity: OFG, GLDD, NTNX (NASDAQ:GLDD)
www.marketnewsvideo.com - January 25 at 4:44 PM
News IconGreat Lakes Dredge & Dock confirms MsCIP deal (NASDAQ:GLDD)
www.sandandgravel.com - January 25 at 4:15 AM
News IconGreat Lakes Confirms $88 Million MsCIP Ship Island Deal (NASDAQ:GLDD)
www.dredgingtoday.com - January 24 at 3:53 AM
finance.yahoo.com logoGreat Lakes Announces Receipt of $88 Million Award for Coastal Restoration on the Gulf Coast (NASDAQ:GLDD)
finance.yahoo.com - January 23 at 5:50 PM
News IconWall Street Holds Inauguration Gains, How Did This Stock Fare: Great Lakes Dredge & Dock Corporation (NASDAQ ... - Wall Street Beacon (NASDAQ:GLDD)
wsbeacon.com - January 22 at 10:25 PM
News IconStock Tracker: Earnings & Estimates for Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) - Aiken Advocate (NASDAQ:GLDD)
aikenadvocate.com - January 21 at 5:21 PM
News IconGreat Lakes Dredge & Dock wins barrier island contract (NASDAQ:GLDD)
www.sandandgravel.com - January 19 at 7:08 PM
News IconTrading Roundup: Checking Technicals for Great Lakes Dredge & Dock Corporation (GLDD) - Sherwood Daily (NASDAQ:GLDD)
sherwooddaily.com - January 18 at 1:30 AM
fool.com logoAnother positive for the GLDD Special Situation, but Is It Enough? (NASDAQ:GLDD)
caps.fool.com - January 17 at 9:05 AM
News IconTracking Corporate Insiders: What Are They Doing With Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) - Wall Street Beacon (NASDAQ:GLDD)
wsbeacon.com - January 16 at 5:29 PM
seekingalpha.com logoWhy Great Lakes Dredge & Dock Can See Substantial Upside In 2017 (NASDAQ:GLDD)
seekingalpha.com - January 13 at 6:24 PM
News IconGreat Lakes Dredge & Dock executes revolving credit facility (NASDAQ:GLDD)
www.sandandgravel.com - January 10 at 4:50 PM
marketexclusive.com logoGreat Lakes Dredge & Dock Corporation (NASDAQ:GLDD) Files An 8-K Entry into a Material Definitive Agreement (NASDAQ:GLDD)
marketexclusive.com - January 9 at 4:02 PM
biz.yahoo.com logoGREAT LAKES DREDGE & DOCK CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Termination of a Mater (NASDAQ:GLDD)
biz.yahoo.com - January 9 at 4:02 PM
benzinga.com logoActivists Are Shaking Things Up At Great Lakes Dredge & Dock - Benzinga (NASDAQ:GLDD)
www.benzinga.com - January 6 at 5:59 PM
globenewswire.com logoGreat Lakes Executes $250 Million Revolving Credit Facility - GlobeNewswire (press release) (NASDAQ:GLDD)
globenewswire.com - January 6 at 5:59 PM
publicnow.com logoGreat Lakes Executes $250 Million Revolving Credit Facility (NASDAQ:GLDD)
www.publicnow.com - January 6 at 5:59 PM
News IconGLDD Appoints New Chairman (NASDAQ:GLDD)
www.dredgingtoday.com - January 6 at 4:31 AM
us.rd.yahoo.com logoActivists Are Shaking Things Up At Great Lakes Dredge & Dock (NASDAQ:GLDD)
us.rd.yahoo.com - January 5 at 6:24 PM
globenewswire.com logoGreat Lakes Announces Management and Board Transitions ... - GlobeNewswire (press release) (NASDAQ:GLDD)
globenewswire.com - January 4 at 11:29 PM
reuters.com logoBRIEF-Great Lakes announces management and board transitions (NASDAQ:GLDD)
uk.reuters.com - January 4 at 6:29 PM
finance.yahoo.com logoGreat Lakes Announces Management and Board Transitions (NASDAQ:GLDD)
finance.yahoo.com - January 4 at 6:29 PM
capitalcube.com logoETFs with exposure to Great Lakes Dredge & Dock Corp. : January 3, 2017 (NASDAQ:GLDD)
www.capitalcube.com - January 3 at 7:48 PM
reuters.com logoBRIEF-Great Lakes says entered agreement with Privet Fund LP and Privet Fund Management LLC (NASDAQ:GLDD)
www.reuters.com - December 31 at 3:54 AM
investornewswire.com logoSentiments And Ratings Alert: Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) - Investor Newswire (NASDAQ:GLDD)
www.investornewswire.com - December 30 at 10:53 PM
News IconGLDD Appoints Ryan Levenson to Board of Directors (NASDAQ:GLDD)
www.dredgingtoday.com - December 29 at 3:28 AM
feeds.reuters.com logoBRIEF-Great Lakes appoints Ryan Levenson to board of directors (NASDAQ:GLDD)
feeds.reuters.com - December 28 at 6:40 PM
News IconGreat Lakes Dredge and Dock names new CEO (NASDAQ:GLDD)
www.marineyellowpages.com - December 28 at 5:24 PM
News IconGreat Lakes Dredge & Dock appoints CEO (NASDAQ:GLDD)
www.poandpo.com - December 28 at 5:24 PM
News IconGreat Lakes Dredge & Dock names new CEO (NASDAQ:GLDD)
www.dailyherald.com - December 28 at 5:24 PM
News IconGreat Lakes Appoints New CEO (NASDAQ:GLDD)
www.dredgingtoday.com - December 28 at 5:24 PM
streetinsider.com logoGreat Lakes Dredge & Dock (GLDD) Named Lasse Petterson as CEO (NASDAQ:GLDD)
www.streetinsider.com - December 28 at 5:24 PM
4-traders.com logoGreat Lakes Dredge & Dock Corporation : (GLDD) Down on CEO (NASDAQ:GLDD)
www.4-traders.com - December 28 at 5:24 PM
us.rd.yahoo.com logo4:32 pm Great Lakes Dredge & Dock selects Lasse Petterson as CEO (NASDAQ:GLDD)
us.rd.yahoo.com - December 28 at 5:24 PM
streetinsider.com logoGreat Lakes Dredge & Dock (GLDD) Named Lasse Petterson as CEO - StreetInsider.com (NASDAQ:GLDD)
www.streetinsider.com - December 28 at 11:18 AM
publicnow.com logoGreat Lakes Selects Lasse Petterson as CEO and Appoints him to its Board of Directors (NASDAQ:GLDD)
www.publicnow.com - December 27 at 5:34 PM
News IconDelaware Beachfill Project Enters Final Phase (NASDAQ:GLDD)
www.dredgingtoday.com - December 23 at 5:41 PM

Social

What is Great Lakes Dredge & Dock Corporation's stock symbol?

Great Lakes Dredge & Dock Corporation trades on the NASDAQ under the ticker symbol "GLDD."

Where is Great Lakes Dredge & Dock Corporation's stock going? Where will Great Lakes Dredge & Dock Corporation's stock price be in 2017?

3 analysts have issued 12 month price targets for Great Lakes Dredge & Dock Corporation's shares. Their forecasts range from $4.00 to $5.50. On average, they expect Great Lakes Dredge & Dock Corporation's share price to reach $4.50 in the next year.

When will Great Lakes Dredge & Dock Corporation announce their earnings?

Great Lakes Dredge & Dock Corporation is scheduled to release their next quarterly earnings announcement on Tuesday, February, 21st 2017.

What are analysts saying about Great Lakes Dredge & Dock Corporation stock?

Here are some recent quotes from research analysts about Great Lakes Dredge & Dock Corporation stock:

  • According to Zacks Investment Research, "GREAT LAKES DREDGE & DOCK CORPORATION is the largest provider of dredging services in the US conducting business to maintain and deepen shipping channels, reclaim land from the ocean, and renourish storm damaged coastline. The company also conducts around 25% of its operations internationally with a strong focus in the Middle East. Projects can generally be recognized to fall within a number of categories, namely, Maintenance projects to keep shipping channels and harbors at their required depths, Capital works to excavate, deepen or widen navigable waterways, Beach restoration for storm damaged coastline and Reclamation works to restore wetlands or create new land in the ocean. " (10/10/2016)

  • Imperial Capital analysts commented, "Although we think this strategy makes sense under the circumstances, we await greater evidence of success with the turnaround of E&I (which continues to post operating losses), and/or the appointment of a new CEO, before becoming more confident in the outlook."Accordingly, we lower our rating to In-Line from Outperform," (8/8/2016)

Who owns Great Lakes Dredge & Dock Corporation stock?

Great Lakes Dredge & Dock Corporation's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (8.45%), State Street Corp (2.04%), Russell Investments Group Ltd. (2.02%), Minerva Advisors LLC (1.82%), Royce & Associates LP (1.48%) and TCW Group Inc. (0.82%). Company insiders that own Great Lakes Dredge & Dock Corporation stock include Jonathan W Berger, Maryann Waryjas, Nathan Leight and Robert B Uhler.

Who sold Great Lakes Dredge & Dock Corporation stock? Who is selling Great Lakes Dredge & Dock Corporation stock?

Great Lakes Dredge & Dock Corporation's stock was sold by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP and Metropolitan Life Insurance Co. NY.

Who bought Great Lakes Dredge & Dock Corporation stock? Who is buying Great Lakes Dredge & Dock Corporation stock?

Great Lakes Dredge & Dock Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., TCW Group Inc., Royce & Associates LP, Two Sigma Investments LP, Emancipation Management LLC, Wynnefield Capital Inc., State Street Corp and Menta Capital LLC. Company insiders that have bought Great Lakes Dredge & Dock Corporation stock in the last two years include Jonathan W Berger, Maryann Waryjas, Nathan Leight and Robert B Uhler.

How do I buy Great Lakes Dredge & Dock Corporation stock?

Shares of Great Lakes Dredge & Dock Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Great Lakes Dredge & Dock Corporation stock cost?

One share of Great Lakes Dredge & Dock Corporation stock can currently be purchased for approximately $4.95.

Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) Chart for Tuesday, February, 21, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD)

Earnings History Chart

Earnings by Quarter for Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD)

Dividend History Chart

Dividend Payments by Quarter for Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD)

Last Updated on 2/21/2017 by MarketBeat.com Staff