Great Lakes Dredge & Dock Corporation provides dredging services in the United States and internationally. The company is involved 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 also engages in channel deepening and port infrastructure development; coastal protection projects; re-dredging previously deepened waterways and harbors; and lake and river dredging, inland levee and construction dredging, environmental restoration and habitat improvement, and other marine construction projects. The company serves federal, state, and local governments; foreign governments; and domestic and foreign private concerns, such as utilities, oil, and other energy companies. It operates a fleet of 23 dredges, 16 material transportation barges, 1 drillboat, and various other support vessels. 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 Oak Brook, Illinois.
Industry, Sector and Symbol
Industry Heavy construction, except building construction - contractors
Sub-IndustryConstruction & Engineering
SectorConstruction
Phone630-574-3000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$620.79 million
Profitability
Miscellaneous
Employees463
Next Earnings Date5/1/2019 (Estimated)
OptionableOptionable
Great Lakes Dredge & Dock (NASDAQ:GLDD) Frequently Asked Questions
What is Great Lakes Dredge & Dock's stock symbol?
Great Lakes Dredge & Dock trades on the NASDAQ under the ticker symbol "GLDD."
How were Great Lakes Dredge & Dock's earnings last quarter?
Great Lakes Dredge & Dock Co. (NASDAQ:GLDD) issued its quarterly earnings results on Wednesday, February, 20th. The construction company reported $0.14 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.01 by $0.13. The construction company earned $173.20 million during the quarter, compared to analysts' expectations of $187.55 million. Great Lakes Dredge & Dock had a negative net margin of 0.93% and a positive return on equity of 6.99%. The firm's revenue was up 13.4% compared to the same quarter last year. During the same quarter last year, the company posted ($0.14) EPS. View Great Lakes Dredge & Dock's Earnings History.
When is Great Lakes Dredge & Dock's next earnings date?
What price target have analysts set for GLDD?
1 brokerages have issued 12 month target prices for Great Lakes Dredge & Dock's stock. Their predictions range from $8.00 to $8.00. On average, they expect Great Lakes Dredge & Dock's stock price to reach $8.00 in the next year. This suggests that the stock has a possible downside of 17.3%. View Analyst Price Targets for Great Lakes Dredge & Dock.
What is the consensus analysts' recommendation for Great Lakes Dredge & Dock?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Great Lakes Dredge & Dock in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Great Lakes Dredge & Dock.
Has Great Lakes Dredge & Dock been receiving favorable news coverage?
Media coverage about GLDD stock has trended somewhat positive on Monday, according to InfoTrie. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Great Lakes Dredge & Dock earned a media sentiment score of 1.2 on InfoTrie's scale. They also gave news articles about the construction company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days.
Who are some of Great Lakes Dredge & Dock's key competitors?
What other stocks do shareholders of Great Lakes Dredge & Dock own?
Who are Great Lakes Dredge & Dock's key executives?
Great Lakes Dredge & Dock's management team includes the folowing people:
- Mr. Lasse J. Petterson, CEO & Director (Age 63)
- Mr. Mark W. Marinko, Sr. VP & CFO (Age 57)
- Ms. Kathleen Mackie LaVoy, Sr. VP, Chief Legal Officer & Corp. Sec. (Age 39)
- Mr. David E. Simonelli, Pres of Dredging Division (Age 62)
- Mr. Christopher P. Shea, Pres of Environmental & Infrastructure Division (Age 56)
Who are Great Lakes Dredge & Dock's major shareholders?
Great Lakes Dredge & Dock's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Strs Ohio (0.13%), Hodges Capital Management Inc. (0.08%), Canton Hathaway LLC (0.01%) and Meeder Asset Management Inc. (0.01%). Company insiders that own Great Lakes Dredge & Dock stock include David E Simonelli, Kathleen M Shanahan, Lasse Petterson, Robert B Uhler, Ronald Steger and Ryan Levenson. View Institutional Ownership Trends for Great Lakes Dredge & Dock.
Which major investors are selling Great Lakes Dredge & Dock stock?
GLDD stock was sold by a variety of institutional investors in the last quarter, including Hodges Capital Management Inc. and Canton Hathaway LLC. Company insiders that have sold Great Lakes Dredge & Dock company stock in the last year include David E Simonelli and Ryan Levenson. View Insider Buying and Selling for Great Lakes Dredge & Dock.
Which major investors are buying Great Lakes Dredge & Dock stock?
GLDD stock was purchased by a variety of institutional investors in the last quarter, including Strs Ohio and Meeder Asset Management Inc.. Company insiders that have bought Great Lakes Dredge & Dock stock in the last two years include Kathleen M Shanahan, Lasse Petterson, Robert B Uhler and Ronald Steger. View Insider Buying and Selling for Great Lakes Dredge & Dock.
How do I buy shares of Great Lakes Dredge & Dock?
Shares of GLDD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Great Lakes Dredge & Dock's stock price today?
One share of GLDD stock can currently be purchased for approximately $9.67.
How big of a company is Great Lakes Dredge & Dock?
Great Lakes Dredge & Dock has a market capitalization of $610.95 million and generates $620.79 million in revenue each year. The construction company earns $-6,290,000.00 in net income (profit) each year or $0.36 on an earnings per share basis. Great Lakes Dredge & Dock employs 463 workers across the globe.
What is Great Lakes Dredge & Dock's official website?
How can I contact Great Lakes Dredge & Dock?
Great Lakes Dredge & Dock's mailing address is 2122 YORK ROAD, OAK BROOK IL, 60523. The construction company can be reached via phone at 630-574-3000.
MarketBeat Community Rating for Great Lakes Dredge & Dock (NASDAQ GLDD)
MarketBeat's community ratings are surveys of what our community members think about Great Lakes Dredge & Dock and other stocks. Vote "Outperform" if you believe GLDD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GLDD will underperform the S&P 500 over the long term. You may vote once every thirty days.
