NASDAQ:GLDD Great Lakes Dredge & Dock (GLDD) Stock Forecast, Price & News $7.97 +0.11 (+1.40%) (As of 09/29/2023 08:53 PM ET) Add Compare Share Share Today's Range$7.89▼$8.0150-Day Range$7.57▼$9.4552-Week Range$4.74▼$9.67Volume284,500 shsAverage Volume504,045 shsMarket Capitalization$529.93 millionP/E RatioN/ADividend YieldN/APrice TargetN/A ProfileProfileChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Great Lakes Dredge & Dock MarketRank™ ForecastAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy1.68% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-5.11Upright™ Environmental ScoreNews Sentiment1.39Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth712.50%From $0.08 to $0.65 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.38 out of 5 starsConstruction Sector48th out of 102 stocksHeavy Construction, Except Building Construction - Contractors Industry2nd out of 9 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Great Lakes Dredge & Dock. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.68% of the float of Great Lakes Dredge & Dock has been sold short.Short Interest Ratio / Days to CoverGreat Lakes Dredge & Dock has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Great Lakes Dredge & Dock has recently decreased by 6.90%, indicating that investor sentiment is improving significantly. Previous Next 0.8 Dividend Strength Dividend YieldGreat Lakes Dredge & Dock does not currently pay a dividend.Dividend GrowthGreat Lakes Dredge & Dock does not have a long track record of dividend growth.Dividend SustainabilityBased on earnings estimates, Great Lakes Dredge & Dock will have a dividend payout ratio of 12.92% next year. This indicates that Great Lakes Dredge & Dock will be able to sustain or increase its dividend. Previous Next 2.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreGreat Lakes Dredge & Dock has received a 26.13% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is driven by its "Excavating and earthmoving works for construction of ports" and "Excavating and earthmoving works for renovation of ports" products. See details.Environmental SustainabilityThe Environmental Impact score for Great Lakes Dredge & Dock is -5.11. Previous Next 2.4 News and Social Media Coverage News SentimentGreat Lakes Dredge & Dock has a news sentiment score of 1.39. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.72 average news sentiment score of Construction companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Great Lakes Dredge & Dock this week, compared to 2 articles on an average week. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Great Lakes Dredge & Dock insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.20% of the stock of Great Lakes Dredge & Dock is held by insiders.Percentage Held by Institutions82.36% of the stock of Great Lakes Dredge & Dock is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Great Lakes Dredge & Dock are expected to grow by 712.50% in the coming year, from $0.08 to $0.65 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Great Lakes Dredge & Dock is -12.45, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Great Lakes Dredge & Dock is -12.45, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioGreat Lakes Dredge & Dock has a P/B Ratio of 1.43. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Great Lakes Dredge & Dock (NASDAQ:GLDD) StockGreat Lakes Dredge & Dock Corporation provides dredging services in the United States. The company engages 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 is also involved in coastal protection projects that comprises of moving sand from the ocean floor to shoreline locations where erosion threatens shoreline assets; maintenance dredging, which consists of the re-dredging of previously deepened waterways and harbors to remove silt, sand, and other accumulated sediments; land reclamations, channel deepening, and port infrastructure development; 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 hydraulic dredges, hopper dredges, mechanical dredges, unloader, drill boat, and material and other barges equipment. 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 Houston, Texas.Read More GLDD Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart GLDD Stock News HeadlinesSeptember 21, 2023 | seekingalpha.comGreat Lakes Dredge & Dock: Turnaround In The Bidding Market Makes It A Good BuySeptember 20, 2023 | msn.comGreat Lakes Dredge & Dock jumps 9% in two days as backlog hits $1.1BOctober 2, 2023 | Wall Street Fundamentals (Ad)How is This "Hidden Gem" Thriving in a Turbulent Market?While Wall Street flounders and giants like Amazon & Microsoft lay off thousands... One overlooked company has been quietly achieving over 400% growth. How? By buying, building, and scaling a portfolio of promising brands in high-margin, recession-resistant verticals.September 19, 2023 | finance.yahoo.comGreat Lakes Announces Receipt of $177 Million in Awarded Work; Dredging Backlog at Approximately $1.1 Billion to DateAugust 24, 2023 | finance.yahoo.comGreat Lakes (GLDD) Wins Contract for Port Arthur LNG Phase 1August 23, 2023 | finance.yahoo.comGreat Lakes Awarded the Dredge and Environmentally Beneficial Disposal Contract for the Port Arthur LNG ProjectAugust 15, 2023 | markets.businessinsider.comGreat Lakes Dredge & Dock (GLDD) Receives a Buy from Noble FinancialAugust 3, 2023 | msn.comGreat Lakes Dredge & Dock GAAP EPS of $0.03 beats by $0.13, revenue of $132.67M misses by $17.33MOctober 2, 2023 | Wall Street Fundamentals (Ad)How is This "Hidden Gem" Thriving in a Turbulent Market?While Wall Street flounders and giants like Amazon & Microsoft lay off thousands... One overlooked company has been quietly achieving over 400% growth. How? By buying, building, and scaling a portfolio of promising brands in high-margin, recession-resistant verticals.August 2, 2023 | finance.yahoo.com2 Small-Cap Stocks With Improving Storylines That Investors Should Know AboutAugust 2, 2023 | finance.yahoo.comQ2 2023 Great Lakes Dredge & Dock Corp Earnings CallAugust 1, 2023 | msn.comGreat Lakes Dredge & Dock (GLDD) Pops As Company Returns To ProfitabilityAugust 1, 2023 | finance.yahoo.comGreat Lakes Reports Second Quarter 2023 ResultsJuly 31, 2023 | seekingalpha.comGreat Lakes Dredge & Dock Q2 2023 Earnings PreviewJuly 27, 2023 | finance.yahoo.comGreat Lakes Signs First Rock Supply Subcontract for U.S. Offshore Wind Farms with New York Quarry, Carver Sand & Gravel LLCJuly 25, 2023 | finance.yahoo.comGreat Lakes Dredge & Dock Corporation Schedules Announcement of 2023 Second Quarter ResultsJuly 24, 2023 | markets.businessinsider.comGreat Lakes Receives Notice To Proceed On Project With NextDecade CorporationJuly 24, 2023 | msn.comGreat Lakes Dredge & Dock gets notice to proceed on Rio Grande LNG projectJuly 24, 2023 | finance.yahoo.comGreat Lakes Receives Notice to Proceed on Largest Project Undertaken in its History for the Dredge and Disposal Construction Agreement with NextDecade CorporationJuly 20, 2023 | finance.yahoo.comPresident Biden Attends Steel Cutting Ceremony for The Acadia, Great Lakes’ Offshore Wind Subsea Rock Installation VesselJuly 14, 2023 | finance.yahoo.comFavourable Signals For Great Lakes Dredge & Dock: Numerous Insiders Acquired StockJuly 12, 2023 | finance.yahoo.comShould You Add Great Lakes Dredge & Dock Corporation (GLDD) to Your Portfolio?July 11, 2023 | uk.finance.yahoo.comGLDD - Great Lakes Dredge & Dock CorporationJuly 11, 2023 | msn.comGreat Lakes Dredge & Dock: An Interesting Infrastructure PlayJuly 9, 2023 | msn.comGreat Lakes Dredge & Dock: The Only Thing Keeping This A Viable ProspectJune 20, 2023 | finance.yahoo.comDigging for Success With Great Lakes Dredge & DockJune 6, 2023 | finance.yahoo.comGreat Lakes Dredge & Dock to Present at Sidoti Virtual Investor Conference on Wednesday, June 14, 2023See More Headlines Receive GLDD Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Great Lakes Dredge & Dock and its competitors with MarketBeat's FREE daily newsletter. Email Address GLDD Company Calendar Last Earnings8/01/2023Today10/02/2023Next Earnings (Estimated)11/07/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Heavy construction, except building construction - contractors Sub-IndustryConstruction & Engineering SectorConstruction Current SymbolNASDAQ:GLDD CUSIP39060710 CIK1372020 Webwww.gldd.com Phone(346) 359-1010Fax630-574-2909Employees429Year Founded1890Profitability EPS (Most Recent Fiscal Year)($0.64) Trailing P/E RatioN/A Forward P/E Ratio99.63 P/E GrowthN/ANet Income$-34,060,000.00 Net Margins-7.15% Pretax Margin-9.13% Return on Equity-9.65% Return on Assets-3.60% Debt Debt-to-Equity Ratio1.02 Current Ratio1.35 Quick Ratio1.12 Sales & Book Value Annual Sales$595.72 million Price / Sales0.89 Cash Flow$0.30 per share Price / Cash Flow26.43 Book Value$5.56 per share Price / Book1.43Miscellaneous Outstanding Shares66,492,000Free Float65,029,000Market Cap$529.94 million OptionableOptionable Beta1.03 Social Links A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for October 2023. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Lasse J. Petterson (Age 67)CEO, Pres & Director Comp: $829.96kMr. Scott Lee Kornblau (Age 52)Sr. VP, Treasurer & CFO Comp: $464.36kMr. James J. Tastard Ph.D. (Age 58)Sr. VP and Chief HR & Admin. Officer Comp: $381.15kMs. Vivienne R. Schiffer (Age 63)Sr. VP, Chief Legal Officer, Chief Compliance Officer & Corp. Sec. Comp: $395.03kMs. Eleni Beyko Ph.D. (Age 57)Sr. VP of Offshore Wind Comp: $355.33kMr. David Johanson (Age 51)Sr. VP of Project Acquisition & Operations Mr. Ryan Bayer (Age 41)VP & Chief Accounting Officer Tina A. BaginskisDirector of Investor RelationsMr. Steven W. Becker (Age 61)Sr. VP of Fleet Engineering Mr. William H. Hanson (Age 66)Sr. VP of Market Devel. More ExecutivesKey CompetitorsOrion GroupNYSE:ORNGranite ConstructionNYSE:GVASouthlandNASDAQ:SLNDConstruction PartnersNASDAQ:ROADAspen AerogelsNYSE:ASPNView All CompetitorsInsiders & InstitutionsCalifornia State Teachers Retirement SystemSold 2,262 shares on 8/21/2023Ownership: 0.121%Nuveen Asset Management LLCBought 8,486 shares on 8/16/2023Ownership: 0.758%Royal Bank of CanadaBought 3,379 shares on 8/15/2023Ownership: 0.153%Wells Fargo & Company MNBought 13,729 shares on 8/15/2023Ownership: 0.041%Citadel Advisors LLCBought 13,100 shares on 8/15/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions GLDD Stock - Frequently Asked Questions How have GLDD shares performed in 2023? Great Lakes Dredge & Dock's stock was trading at $5.95 at the beginning of 2023. Since then, GLDD stock has increased by 33.9% and is now trading at $7.97. View the best growth stocks for 2023 here. Are investors shorting Great Lakes Dredge & Dock? Great Lakes Dredge & Dock saw a decline in short interest in September. As of September 15th, there was short interest totaling 1,080,000 shares, a decline of 6.9% from the August 31st total of 1,160,000 shares. Based on an average daily trading volume, of 388,000 shares, the days-to-cover ratio is presently 2.8 days. Currently, 1.7% of the company's shares are short sold. View Great Lakes Dredge & Dock's Short Interest. When is Great Lakes Dredge & Dock's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023. View our GLDD earnings forecast. How were Great Lakes Dredge & Dock's earnings last quarter? Great Lakes Dredge & Dock Co. (NASDAQ:GLDD) announced its earnings results on Tuesday, August, 1st. The construction company reported $0.03 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.07) by $0.10. The construction company had revenue of $132.67 million for the quarter, compared to analyst estimates of $150 million. Great Lakes Dredge & Dock had a negative net margin of 7.15% and a negative trailing twelve-month return on equity of 9.65%. What ETFs hold Great Lakes Dredge & Dock's stock? ETFs with the largest weight of Great Lakes Dredge & Dock (NASDAQ:GLDD) stock in their portfolio include Procure Disaster Recovery Strategy ETF (FIXT) and Procure Disaster Recovery Strategy ETF (FEMA).IQ U.S. Small Cap ETF (CSML). Is Great Lakes Dredge & Dock a good dividend stock? Great Lakes Dredge & Dock (NASDAQ:GLDD) pays an annual dividend of $0.08 per share and currently has a dividend yield of 0.00%. Read our dividend analysis for GLDD. What is Lasse Petterson's approval rating as Great Lakes Dredge & Dock's CEO? 8 employees have rated Great Lakes Dredge & Dock Chief Executive Officer Lasse Petterson on Glassdoor.com. Lasse Petterson has an approval rating of 32% among the company's employees. This puts Lasse Petterson in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Great Lakes Dredge & Dock own? Based on aggregate information from My MarketBeat watchlists, some companies that other Great Lakes Dredge & Dock investors own include Advanced Micro Devices (AMD), General Electric (GE), AT&T (T), AbbVie (ABBV), Cisco Systems (CSCO), Ford Motor (F), Energy Transfer (ET), Intel (INTC), QUALCOMM (QCOM) and Bristol-Myers Squibb (BMY). What is Great Lakes Dredge & Dock's stock symbol? Great Lakes Dredge & Dock trades on the NASDAQ under the ticker symbol "GLDD." How do I buy shares of Great Lakes Dredge & Dock? Shares of GLDD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Great Lakes Dredge & Dock's stock price today? One share of GLDD stock can currently be purchased for approximately $7.97. How much money does Great Lakes Dredge & Dock make? Great Lakes Dredge & Dock (NASDAQ:GLDD) has a market capitalization of $529.94 million and generates $595.72 million in revenue each year. The construction company earns $-34,060,000.00 in net income (profit) each year or ($0.64) on an earnings per share basis. How many employees does Great Lakes Dredge & Dock have? The company employs 429 workers across the globe. Does Great Lakes Dredge & Dock have any subsidiaries? The following companies are subsidiares of Great Lakes Dredge & Dock: Drews Services LLC, Great Lakes Dredge & Dock (Bahamas) Ltd., Great Lakes Dredge & Dock Company LLC, Great Lakes Dredge & Dock do Brasil Ltda., Great Lakes Environmental & Infrastructure Solutions LLC, Great Lakes U.S. Fleet Management LLC, NASDI Holdings LLC, Terra Contracting Services LLC, and Terra Fluid Management LLC.Read More How can I contact Great Lakes Dredge & Dock? Great Lakes Dredge & Dock's mailing address is 2122 YORK ROAD, OAK BROOK IL, 60523. The official website for the company is www.gldd.com. The construction company can be reached via phone at (346) 359-1010, via email at tabaginskis@gldd.com, or via fax at 630-574-2909. This page (NASDAQ:GLDD) was last updated on 10/2/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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