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

About Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD)

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. 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: Water & Sewage Construction
  • Sub-Industry: Construction & Engineering
  • Symbol: NASDAQ:GLDD
  • CUSIP: 39060710
  • Web: www.gldd.com
Capitalization:
  • Market Cap: $319.31 million
  • Outstanding Shares: 61,405,000
Average Prices:
  • 50 Day Moving Avg: $4.83
  • 200 Day Moving Avg: $4.37
  • 52 Week Range: $3.05 - $5.45
P/E:
  • Trailing P/E Ratio: N/A
  • P/E Growth: 10.00
Sales & Book Value:
  • Annual Revenue: $759.72 million
  • Price / Sales: 0.42
  • Book Value: $3.76 per share
  • Price / Book: 1.38
Profitability:
  • EBITDA: $76.18 million
  • Net Margins: -2.62%
  • Return on Equity: 1.00%
  • Return on Assets: 0.28%
Debt:
  • Debt-to-Equity Ratio: 1.82%
  • Current Ratio: 2.03%
  • Quick Ratio: 1.74%
Misc:
  • Average Volume: 307,883 shs.
  • Beta: 0.78
  • Short Ratio: 4.51
 

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

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

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

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

Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) issued its quarterly earnings data on Wednesday, August, 2nd. The company reported $0.02 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.03 by $0.01. The company had revenue of $176.90 million for the quarter, compared to the consensus estimate of $201.70 million. Great Lakes Dredge & Dock Corporation had a positive return on equity of 1.00% and a negative net margin of 2.62%. The firm's revenue was down 8.0% on a year-over-year basis. During the same period in the prior year, the company earned ($0.03) EPS. View Great Lakes Dredge & Dock Corporation's Earnings History.

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

Great Lakes Dredge & Dock Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, November, 1st 2017. View Earnings Estimates for Great Lakes Dredge & Dock Corporation.

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

1 analysts have issued 12 month price targets for Great Lakes Dredge & Dock Corporation's stock. Their predictions range from $6.50 to $6.50. On average, they expect Great Lakes Dredge & Dock Corporation's share price to reach $6.50 in the next year. View Analyst Ratings for Great Lakes Dredge & Dock Corporation.

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

Who are Great Lakes Dredge & Dock Corporation's key executives?

Great Lakes Dredge & Dock Corporation's management team includes the folowing people:

  • Robert B. Uhler, Independent Chairman of the Board
  • Lasse J. Petterson, Chief Executive Officer, Director
  • Mark Marinko, Chief Financial Officer, Senior Vice President
  • Christopher P. Shea, President - Environmental & Infrastructure Division
  • David E. Simonelli, President - Dredging Division
  • Kyle D. Johnson, Chief Operating Officer, Executive Vice President
  • Kathleen Mackie Lavoy, Vice President, Interim Chief Legal Counsel, Interim Corporate Secretary
  • Lawrence R. Dickerson, Director
  • D. Michael Steuert, Independent Non-Executive Director
  • Ryan James Levenson, Independent Director

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.

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

One share of Great Lakes Dredge & Dock Corporation stock can currently be purchased for approximately $5.20.


MarketBeat Community Rating for Great Lakes Dredge & Dock Corporation (NASDAQ GLDD)
Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  82 (Vote Outperform)
Underperform Votes:  89 (Vote Underperform)
Total Votes:  171
MarketBeat's community ratings are surveys of what our community members think about Great Lakes Dredge & Dock Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Buy Rating
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $6.50 (25.00% upside)
Consensus Price Target History for Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD)
Price Target History for Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD)
Analysts' Ratings History for Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/11/2017Cantor FitzgeraldReiterated RatingBuy$6.50MediumView Rating Details
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 10/22/2015 forward)

Earnings

Earnings History for Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD)
Earnings by Quarter for Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD)
Earnings History by Quarter for Great Lakes Dredge & Dock Corporation (NASDAQ GLDD)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/31/2017$0.11N/AView Earnings Details
8/2/2017Q2 2017$0.03$0.02$201.70 million$176.90 millionViewListenView Earnings Details
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 Corporation (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 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 and Institutional Ownership History for Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD)
Insider Ownership Percentage: 8.24%
Institutional Ownership Percentage: 71.75%
Insider Trades by Quarter for Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD)
Institutional Ownership by Quarter for Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD)
Insider Trades by Quarter for Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/14/2017Lasse PettersonCEOBuy42,610$3.92$167,031.20View SEC Filing  
8/11/2017Lasse PettersonCEOBuy71,142$3.70$263,225.40View SEC Filing  
8/10/2017Lasse PettersonCEOBuy17,255$3.70$63,843.50View SEC Filing  
8/9/2017Lasse PettersonCEOBuy155,897$3.74$583,054.78View SEC Filing  
8/4/2017Robert B UhlerDirectorBuy5,000$3.73$18,650.00View SEC Filing  
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

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Chart

Great Lakes Dredge & Dock Corporation (GLDD) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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