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NASDAQ:GLDD

Great Lakes Dredge & Dock Stock Forecast, Price & News

$10.33
+0.06 (+0.58 %)
(As of 10/30/2020 12:00 AM ET)
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Today's Range
$10.21
Now: $10.33
$10.45
50-Day Range
$8.78
MA: $10.01
$11.35
52-Week Range
$6.75
Now: $10.33
$11.96
Volume246,904 shs
Average Volume439,644 shs
Market Capitalization$670.90 million
P/E Ratio10.03
Dividend YieldN/A
Beta0.79
Great Lakes Dredge & Dock Corporation provides dredging services in the United States and internationally. 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 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 22 dredges, 14 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.
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Great Lakes Dredge & Dock logo

Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.63 out of 5 stars

Industry, Sector and Symbol

Industry Heavy construction, except building construction - contractors
Sub-IndustryConstruction & Engineering
Current SymbolNASDAQ:GLDD
CUSIP39060710
Phone630-574-3000
Employees437

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$711.52 million
Cash Flow$1.40 per share
Book Value$4.37 per share

Profitability

Net Income$49.34 million

Miscellaneous

Market Cap$670.90 million
Next Earnings Date11/3/2020 (Estimated)
OptionableOptionable
$10.33
+0.06 (+0.58 %)
(As of 10/30/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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

How has Great Lakes Dredge & Dock's stock been impacted by Coronavirus?

Great Lakes Dredge & Dock's stock was trading at $8.10 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, GLDD stock has increased by 27.5% and is now trading at $10.33.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of 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
.

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

Great Lakes Dredge & Dock is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020.
View our earnings forecast for Great Lakes Dredge & Dock
.

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

Great Lakes Dredge & Dock Co. (NASDAQ:GLDD) issued its earnings results on Tuesday, August, 4th. The construction company reported $0.14 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.10 by $0.04. The construction company had revenue of $167.92 million for the quarter, compared to analysts' expectations of $161 million. Great Lakes Dredge & Dock had a return on equity of 22.78% and a net margin of 9.29%.
View Great Lakes Dredge & Dock's earnings history
.

What price target have analysts set for GLDD?

1 equities research analysts have issued 1-year target prices for Great Lakes Dredge & Dock's stock. Their forecasts range from $14.35 to $14.35. On average, they expect Great Lakes Dredge & Dock's share price to reach $14.35 in the next twelve months. This suggests a possible upside of 38.9% from the stock's current price.
View analysts' price targets for Great Lakes Dredge & Dock
.

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

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).

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

Great Lakes Dredge & Dock's management team includes the following people:
  • Mr. Lasse J. Petterson, CEO, Pres & Director (Age 64, Pay $2.42M)
  • Mr. Mark W. Marinko, Sr. VP & CFO (Age 58, Pay $857.84k)
  • Mr. David E. Simonelli, Chief Operating Officer (Age 63, Pay $983.69k)
  • Ms. Kathleen Mackie LaVoy, Sr. VP, Chief Legal Officer, Chief Compliance Officer & Corp. Sec. (Age 40, Pay $835.12k)
  • Tina A. Baginskis, Director of Investor Relations
  • Ms. Annette Walker Cyr, VP of HR
  • Mr. J. Christopher Gillespie, Sr. VP of Operations (Age 59)
  • Mr. John F. Karas, Sr. VP of Estimating (Age 59)
  • Mr. Steven F. O'Hara, Sr. VP of Corp. IIF & Northern Area Mang. (Age 64)
  • Mr. Steven W. Becker, Sr. VP of Plant & Equipment (Age 58)

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

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

Who are Great Lakes Dredge & Dock's major shareholders?

Great Lakes Dredge & Dock's stock is owned by many different institutional and retail investors. Top institutional investors include TCW Group Inc. (1.50%), Dalton Greiner Hartman Maher & Co. (1.04%), Foundry Partners LLC (0.59%), State of New Jersey Common Pension Fund D (0.36%), WINTON GROUP Ltd (0.15%) and North Star Investment Management Corp. (0.14%). Company insiders that own Great Lakes Dredge & Dock stock include David E Simonelli, Kathleen Mackie Lavoy, Ryan Levenson and William H Hanson.
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 Cadence Capital Management LLC, Alberta Investment Management Corp, Robeco Institutional Asset Management B.V., LSV Asset Management, State of New Jersey Common Pension Fund D, and Envestnet Asset Management Inc.. Company insiders that have sold Great Lakes Dredge & Dock company stock in the last year include David E Simonelli, Kathleen Mackie Lavoy, Ryan Levenson, and William H Hanson.
View insider buying and selling activity for Great Lakes Dredge & Dock
.

Which major investors are buying Great Lakes Dredge & Dock stock?

GLDD stock was bought by a variety of institutional investors in the last quarter, including Foundry Partners LLC, Dalton Greiner Hartman Maher & Co., TCW Group Inc., BNP Paribas Arbitrage SA, North Star Investment Management Corp., WINTON GROUP Ltd, and Mesirow Financial Investment Management Inc..
View insider buying and selling activity 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, Robinhood, 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 $10.33.

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

Great Lakes Dredge & Dock has a market capitalization of $670.90 million and generates $711.52 million in revenue each year. The construction company earns $49.34 million in net income (profit) each year or $0.86 on an earnings per share basis. Great Lakes Dredge & Dock employs 437 workers across the globe.

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

The official website for Great Lakes Dredge & Dock is 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 or via email at [email protected]

This page was last updated on 10/31/2020 by MarketBeat.com Staff

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