NASDAQ:GLDD - Great Lakes Dredge & Dock Stock Price, News, & Analysis

$10.80
+0.31 (+2.96 %)
(As of 06/20/2019 04:00 PM ET)
Today's Range
$10.50
Now: $10.80
$10.84
50-Day Range
$10.23
MA: $10.70
$11.24
52-Week Range
$4.85
Now: $10.80
$11.45
Volume618,652 shs
Average Volume516,678 shs
Market Capitalization$684.37 million
P/E Ratio30.00
Dividend YieldN/A
Beta0.67
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. Read More…

Industry, Sector and Symbol

Industry Heavy construction, except building construction - contractors
Sub-IndustryConstruction & Engineering
SectorConstruction
Current SymbolNASDAQ:GLDD
CUSIP39060710
Phone630-574-3000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$620.79 million
Cash Flow$1.2646 per share
Book Value$3.44 per share

Profitability

Net Income$-6,290,000.00

Miscellaneous

Employees463
Market Cap$684.37 million
Next Earnings Date8/7/2019 (Estimated)
OptionableOptionable

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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) released its quarterly earnings results on Tuesday, April, 30th. The construction company reported $0.32 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.07 by $0.25. The construction company earned $192.60 million during the quarter, compared to analysts' expectations of $180.20 million. Great Lakes Dredge & Dock had a return on equity of 18.05% and a net margin of 2.80%. The business's revenue for the quarter was up 44.2% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.15) earnings per share. View Great Lakes Dredge & Dock's Earnings History.

When is Great Lakes Dredge & Dock's next earnings date?

Great Lakes Dredge & Dock is scheduled to release their next quarterly earnings announcement on Wednesday, August 7th 2019. View Earnings Estimates for Great Lakes Dredge & Dock.

What price target have analysts set for GLDD?

1 equities research analysts have issued 12 month target prices for Great Lakes Dredge & Dock's shares. Their forecasts range from $8.00 to $8.00. On average, they expect Great Lakes Dredge & Dock's share price to reach $8.00 in the next year. This suggests that the stock has a possible downside of 25.9%. 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?

News stories about GLDD stock have trended somewhat negative recently, according to InfoTrie Sentiment. The research firm identifies positive and negative media coverage by reviewing 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 five, with scores nearest to five being the most favorable. Great Lakes Dredge & Dock earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned headlines about the construction company a news buzz of 9.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the immediate future. View News Stories for Great Lakes Dredge & Dock.

Are investors shorting Great Lakes Dredge & Dock?

Great Lakes Dredge & Dock saw a increase in short interest during the month of May. As of May 15th, there was short interest totalling 944,000 shares, an increase of 13.1% from the April 15th total of 834,700 shares. Based on an average trading volume of 652,400 shares, the days-to-cover ratio is currently 1.4 days. Currently, 1.6% of the company's shares are sold short. View Great Lakes Dredge & Dock's Current Options Chain.

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 many different of institutional and retail investors. Top institutional shareholders include Jennison Associates LLC (7.15%), Walthausen & Co. LLC (2.59%), Private Management Group Inc. (2.42%), Boston Partners (2.19%), ClariVest Asset Management LLC (1.52%) and TCW Group Inc. (1.39%). Company insiders that own Great Lakes Dredge & Dock stock include David E Simonelli, Kathleen M Shanahan, Kathleen Mackie Lavoy, 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 Jennison Associates LLC, Boston Partners, Walthausen & Co. LLC, Royce & Associates LP, Private Management Group Inc., Hodges Capital Management Inc., Victory Capital Management Inc. and Deltec Asset Management LLC. Company insiders that have sold Great Lakes Dredge & Dock company stock in the last year include David E Simonelli, Kathleen Mackie Lavoy 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 ClariVest Asset Management LLC, Nordea Investment Management AB, Acadian Asset Management LLC, Martingale Asset Management L P, O Shaughnessy Asset Management LLC, Connor Clark & Lunn Investment Management Ltd., TCW Group Inc. and Menta Capital LLC. 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 $10.80.

How big of a company is Great Lakes Dredge & Dock?

Great Lakes Dredge & Dock has a market capitalization of $684.37 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.View Additional Information About Great Lakes Dredge & Dock.

What is Great Lakes Dredge & Dock's official website?

The official website for Great Lakes Dredge & Dock is http://www.gldd.com/.

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)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  215 (Thanks for Voting!)
Underperform Votes:  199 (Thanks for Voting!)
Total Votes:  414
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.
This page was last updated on 6/20/2019 by MarketBeat.com Staff

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