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

About Great Lakes Dredge & Dock Co. (NASDAQ:GLDD)

Great Lakes Dredge & Dock Co. 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. It has interest 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 (Lower Main), which is engaged in land development and sale business, and TerraSea Environmental Solutions (TerraSea), which is engaged in the environmental services business.

Industry, Sector and Symbol:
  • Sector: Construction
  • Industry: Heavy Construction
  • Sub-Industry: Construction & Engineering
  • Symbol: NASDAQ:GLDD
  • CUSIP: 39060710
  • Web: www.gldd.com
Capitalization:
  • Market Cap: $257.34 million
  • Outstanding Shares: 61,272,000
Average Prices:
  • 50 Day Moving Avg: $4.53
  • 200 Day Moving Avg: $4.52
  • 52 Week Range: $3.05 - $5.45
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 20.00
  • P/E Growth: 3.57
Sales & Book Value:
  • Annual Revenue: $775.05 million
  • Price / Sales: 0.33
  • Book Value: $3.78 per share
  • Price / Book: 1.11
Profitability:
  • EBIDTA: $76.01 million
  • 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%
Misc:
  • Average Volume: 245,290 shs.
  • Beta: 1.06
  • Short Ratio: 3.41
 

Frequently Asked Questions for Great Lakes Dredge & Dock Co. (NASDAQ:GLDD)

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

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

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

Great Lakes Dredge & Dock Co. (NASDAQ:GLDD) issued its quarterly earnings data on Wednesday, May, 3rd. The company reported ($0.06) earnings per share for the quarter, missing the consensus estimate of ($0.04) by $0.02. The company had revenue of $170.59 million for the quarter, compared to the consensus estimate of $170.10 million. Great Lakes Dredge & Dock Co. had a negative net margin of 0.26% and a negative return on equity of 0.81%. Great Lakes Dredge & Dock Co.'s revenue was up 4.6% on a year-over-year basis. During the same quarter last year, the business posted ($0.07) earnings per share. View Great Lakes Dredge & Dock Co.'s Earnings History.

When will Great Lakes Dredge & Dock Co. make its next earnings announcement?

Great Lakes Dredge & Dock Co. is scheduled to release their next quarterly earnings announcement on Wednesday, August, 2nd 2017. View Earnings Estimates for Great Lakes Dredge & Dock Co..

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

2 analysts have issued twelve-month target prices for Great Lakes Dredge & Dock Co.'s stock. Their predictions range from $4.00 to $4.00. On average, they expect Great Lakes Dredge & Dock Co.'s stock price to reach $4.00 in the next year. View Analyst Ratings for Great Lakes Dredge & Dock Co..

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

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

  • 1. 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)
  • 2. 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)

Are investors shorting Great Lakes Dredge & Dock Co.?

Great Lakes Dredge & Dock Co. saw a increase in short interest during the month of April. As of April 28th, there was short interest totalling 1,159,325 shares, an increase of 7.2% from the April 13th total of 1,081,029 shares. Based on an average trading volume of 159,351 shares, the short-interest ratio is currently 7.3 days.

Who are some of Great Lakes Dredge & Dock Co.'s key competitors?

Who owns Great Lakes Dredge & Dock Co. stock?

Great Lakes Dredge & Dock Co.'s stock is owned by many different of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (8.41%), Wellington Management Group LLP (7.14%), Boston Partners (7.08%), Jennison Associates LLC (6.46%), Vanguard Group Inc. (3.86%) and Walthausen & Co. LLC (3.68%). Company insiders that own Great Lakes Dredge & Dock Co. stock include Carl A Albert, Lasse Petterson, Maryann Waryjas, Nathan Leight, Peter Deutsch and Robert B Uhler. View Institutional Ownership Trends for Great Lakes Dredge & Dock Co..

Who sold Great Lakes Dredge & Dock Co. stock? Who is selling Great Lakes Dredge & Dock Co. stock?

Great Lakes Dredge & Dock Co.'s stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, Parametric Portfolio Associates LLC, Jennison Associates LLC, Walthausen & Co. LLC, JPMorgan Chase & Co., TCW Group Inc., Morgan Stanley and Segall Bryant & Hamill LLC. View Insider Buying and Selling for Great Lakes Dredge & Dock Co..

Who bought Great Lakes Dredge & Dock Co. stock? Who is buying Great Lakes Dredge & Dock Co. stock?

Great Lakes Dredge & Dock Co.'s stock was bought by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Vanguard Group Inc., Royce & Associates LP, Kennedy Capital Management Inc., Emancipation Management LLC, Oxford Asset Management, KBC Group NV and SG Americas Securities LLC. Company insiders that have bought Great Lakes Dredge & Dock Co. stock in the last two years include Carl A Albert, Lasse Petterson, Maryann Waryjas, Nathan Leight, Peter Deutsch and Robert B Uhler. View Insider Buying and Selling for Great Lakes Dredge & Dock Co..

How do I buy Great Lakes Dredge & Dock Co. stock?

Shares of Great Lakes Dredge & Dock Co. 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 Co. stock cost?

One share of Great Lakes Dredge & Dock Co. stock can currently be purchased for approximately $4.20.

Analyst Ratings

Consensus Ratings for Great Lakes Dredge & Dock Co. (NASDAQ:GLDD) (?)
Ratings Breakdown: 2 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $4.00 (4.76% downside)

Analysts' Ratings History for Great Lakes Dredge & Dock Co. (NASDAQ:GLDD)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/8/2016Imperial CapitalDowngradeOutperform -> In-Line$5.50 -> $4.00N/AView Rating Details
8/5/2016DA DavidsonLower Price TargetNeutral$5.00 -> $4.00N/AView Rating Details
3/18/2016StephensUpgradeEqual Weight -> Overweight$5.50N/AView Rating Details
(Data available from 5/28/2015 forward)

Earnings

Earnings History for Great Lakes Dredge & Dock Co. (NASDAQ:GLDD)
Earnings by Quarter for Great Lakes Dredge & Dock Co. (NASDAQ:GLDD)
Earnings History by Quarter for Great Lakes Dredge & Dock Co. (NASDAQ:GLDD)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/2/2017        
5/3/2017Q1 2017($0.04)($0.06)$170.10 million$170.59 millionViewListenView Earnings Details
2/22/2017Q416($0.05)$0.01$194.90 million$213.40 millionViewListenView 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$0.08$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$0.12$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 Co. (NASDAQ:GLDD)
2017 EPS Consensus Estimate: $0.15
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
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 by Quarter for Great Lakes Dredge & Dock Co. (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 and Institutional Ownership History for Great Lakes Dredge & Dock Co. (NASDAQ:GLDD)
Insider Ownership Percentage: 3.75%
Institutional Ownership Percentage: 72.84%
Insider Trades by Quarter for Great Lakes Dredge & Dock Co. (NASDAQ:GLDD)
Institutional Ownership by Quarter for Great Lakes Dredge & Dock Co. (NASDAQ:GLDD)
Insider Trades by Quarter for Great Lakes Dredge & Dock Co. (NASDAQ:GLDD)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/8/2017Robert B UhlerDirectorBuy10,000$4.55$45,500.00View SEC Filing  
3/14/2017Peter DeutschDirectorBuy11,000$4.16$45,760.00View SEC Filing  
3/13/2017Lasse PettersonDirectorBuy14,543$4.30$62,534.90View SEC Filing  
3/10/2017Lasse PettersonDirectorBuy35,457$4.30$152,465.10View SEC Filing  
2/28/2017Carl A AlbertDirectorBuy8,000$4.45$35,600.00View SEC Filing  
2/27/2017Robert B UhlerDirectorBuy5,600$4.56$25,536.00View SEC Filing  
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

Headline Trends for Great Lakes Dredge & Dock Co. (NASDAQ:GLDD)
Latest Headlines for Great Lakes Dredge & Dock Co. (NASDAQ:GLDD)
Source:
DateHeadline
finance.yahoo.com logoGreat Lakes Dredge & Dock Corporation Announces Completion of Refinancing Transactions
finance.yahoo.com - May 24 at 5:16 PM
finance.yahoo.com logoGreat Lakes Dredge & Dock Corporation Announces Results of Its Cash Tender Offer for Its Outstanding 7.375% Senior Notes Due 2019
finance.yahoo.com - May 22 at 11:16 AM
finance.yahoo.com logoInfrastructure Has a Shaky Foundation
finance.yahoo.com - May 21 at 10:32 AM
americanbankingnews.com logoGreat Lakes Dredge & Dock Co. (GLDD) Short Interest Update
www.americanbankingnews.com - May 19 at 8:26 PM
finance.yahoo.com logoGreat Lakes Dredge & Dock Corporation Announces Pricing of Senior Note Offering
finance.yahoo.com - May 19 at 8:01 AM
News IconBRIEF-Great Lakes Dredge & Dock Corp commences cash tender offer for its senior notes
www.businessinsider.com - May 13 at 9:47 AM
finance.yahoo.com logoGreat Lakes Dredge & Dock Corporation Commences Cash Tender Offer for Its 7.375% Senior Notes Due 2019
finance.yahoo.com - May 12 at 6:06 PM
finance.yahoo.com logoGreat Lakes Dredge & Dock Corporation Commences Offering of Senior Notes Due 2022
finance.yahoo.com - May 12 at 6:06 PM
finance.yahoo.com logoGreat Lakes Dredge & Dock Corporation -- Moody's assigns Caa1 rating to new debt of Great Lakes Dredge & Dock Corp
finance.yahoo.com - May 12 at 6:06 PM
americanbankingnews.com logoInsider Buying: Great Lakes Dredge & Dock Co. (GLDD) Director Acquires 10,000 Shares of Stock
www.americanbankingnews.com - May 11 at 12:06 AM
finance.yahoo.com logoGreat Lakes Dredge & Dock Reports Not-So-Great Q1 Earnings
finance.yahoo.com - May 8 at 5:11 PM
finance.yahoo.com logoETFs with exposure to Great Lakes Dredge & Dock Corp. : May 8, 2017
finance.yahoo.com - May 8 at 5:11 PM
americanbankingnews.com logoGreat Lakes Dredge & Dock Co. (GLDD) Given News Sentiment Score of 0.12
www.americanbankingnews.com - May 6 at 12:53 AM
finance.yahoo.com logoGreat Lakes Dredge & Dock Corp. :GLDD-US: Earnings Analysis: Q1, 2017 By the Numbers : May 5, 2017
finance.yahoo.com - May 5 at 5:39 PM
finance.yahoo.com logoEdited Transcript of GLDD earnings conference call or presentation 3-May-17 2:00pm GMT
finance.yahoo.com - May 3 at 10:15 PM
seekingalpha.com logoGreat Lakes Dredge & Dock's (GLDD) CEO Lasse Petterson on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 3 at 5:14 PM
finance.yahoo.com logoInvestor Network: Great Lakes Dredge & Dock Corporation to Host Earnings Call
finance.yahoo.com - May 3 at 5:14 PM
americanbankingnews.com logoGreat Lakes Dredge & Dock Co. (GLDD) Releases Earnings Results, Misses Expectations By $0.02 EPS
www.americanbankingnews.com - May 3 at 4:36 PM
finance.yahoo.com logoGreat Lakes Reports First Quarter Results
finance.yahoo.com - May 3 at 8:19 AM
finance.yahoo.com logoGreat Lakes Dredge & Dock posts 1Q loss
finance.yahoo.com - May 3 at 8:19 AM
americanbankingnews.com logoGreat Lakes Dredge & Dock Co. (GLDD) Earning Favorable Press Coverage, Report Finds
www.americanbankingnews.com - May 2 at 6:34 PM
finance.yahoo.com logoLasse Petterson Named Chief Executive Officer of Great Lakes
finance.yahoo.com - May 1 at 12:07 PM
americanbankingnews.com logoGreat Lakes Dredge & Dock Co. (GLDD) Getting Positive News Coverage, Study Shows
www.americanbankingnews.com - April 27 at 10:32 AM
finance.yahoo.com logoGreat Lakes Dredge & Dock Corporation Schedules Announcement of 2017 First Quarter Results
finance.yahoo.com - April 26 at 7:55 PM
americanbankingnews.com logoGreat Lakes Dredge & Dock Co. (GLDD) Receiving Positive News Coverage, Study Finds
www.americanbankingnews.com - April 24 at 1:26 PM
americanbankingnews.com logoGreat Lakes Dredge & Dock Co. (GLDD) Earns News Sentiment Rating of 0.41
www.americanbankingnews.com - April 21 at 1:26 PM
streetinsider.com logoGreat Lakes Dredge & Dock (GLDD) Secures $17M Contract Corps of Engineers West Coast Regional
www.streetinsider.com - April 20 at 10:33 PM
finance.yahoo.com logoGreat Lakes Announces Receipt of $17 Million Award on the West Coast
finance.yahoo.com - April 20 at 10:33 PM
americanbankingnews.com logoGreat Lakes Dredge & Dock Co. (GLDD) Receiving Favorable News Coverage, Report Shows
www.americanbankingnews.com - April 16 at 12:37 PM
americanbankingnews.com logoGreat Lakes Dredge & Dock Co. (GLDD) Receives Daily Media Sentiment Rating of 0.41
www.americanbankingnews.com - April 13 at 8:50 AM
finance.yahoo.com logoETFs with exposure to Great Lakes Dredge & Dock Corp. : April 7, 2017
finance.yahoo.com - April 7 at 5:20 PM
seekingalpha.com logoGreat Lakes Dredge & Dock: Insiders See Value In This ~$4 Infrastructure Play
seekingalpha.com - March 22 at 5:40 PM
americanbankingnews.com logoGreat Lakes Dredge & Dock Co. (GLDD) Director Lasse Petterson Buys 14,543 Shares
www.americanbankingnews.com - March 22 at 11:41 AM
americanbankingnews.com logoGreat Lakes Dredge & Dock Co. (GLDD) Director Lasse Petterson Purchases 35,457 Shares
www.americanbankingnews.com - March 22 at 11:41 AM
americanbankingnews.com logoGreat Lakes Dredge & Dock Co. (GLDD) Director Peter Deutsch Purchases 11,000 Shares
www.americanbankingnews.com - March 16 at 8:45 AM
americanbankingnews.com logoGreat Lakes Dredge & Dock Co. (GLDD) Sees Large Drop in Short Interest
www.americanbankingnews.com - March 13 at 10:06 AM
finance.yahoo.com logoGREAT LAKES DREDGE & DOCK CORP Financials
finance.yahoo.com - March 7 at 5:11 PM
reuters.com logoBRIEF-Great Lakes Q4 revenue $213.4 million
www.reuters.com - February 22 at 10:44 PM
streetinsider.com logoGreat Lakes Dredge & Dock (GLDD) Misses Q4 EPS by 6c
www.streetinsider.com - February 22 at 5:41 PM
seekingalpha.com logoGreat Lakes Dredge & Dock's (GLDD) CEO Mark Marinko on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - February 22 at 5:41 PM
us.rd.yahoo.com logoGreat Lakes Reports Year-End Results
us.rd.yahoo.com - February 22 at 12:23 PM
finance.yahoo.com logoGreat Lakes Dredge & Dock Corporation Schedules Announcement of 2016 Fourth Quarter Results
finance.yahoo.com - February 16 at 5:23 PM
biz.yahoo.com logoGREAT LAKES DREDGE & DOCK CORP Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements an
biz.yahoo.com - February 8 at 5:59 PM
streetinsider.com logoGreat Lakes Dredge & Dock (GLDD) Names Lawrence Dickerson and D. Michael Steuert to Board of Directors
www.streetinsider.com - January 27 at 4:55 AM
streetinsider.com logoGreat Lakes Dredge & Dock (GLDD) Names Lawrence Dickerson ... - StreetInsider.com
www.streetinsider.com - January 26 at 6:52 PM
finance.yahoo.com logoGreat Lakes Announces Receipt of $88 Million Award for Coastal Restoration on the Gulf Coast
finance.yahoo.com - January 23 at 5:50 PM
seekingalpha.com logoWhy Great Lakes Dredge & Dock Can See Substantial Upside In 2017
seekingalpha.com - January 13 at 6:24 PM
biz.yahoo.com logoGREAT LAKES DREDGE & DOCK CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Termination of a Mater
biz.yahoo.com - January 9 at 4:02 PM
benzinga.com logoActivists Are Shaking Things Up At Great Lakes Dredge & Dock - Benzinga
www.benzinga.com - January 6 at 5:59 PM
globenewswire.com logoGreat Lakes Executes $250 Million Revolving Credit Facility - GlobeNewswire (press release)
globenewswire.com - January 6 at 5:59 PM

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Chart

Great Lakes Dredge & Dock Co. (GLDD) Chart for Sunday, May, 28, 2017

This page was last updated on 5/28/2017 by MarketBeat.com Staff