NASDAQ:GLDD - Great Lakes Dredge & Dock Stock Price, Price Target & More

Sign in or create an account to add this stock to your watchlist.
$5.52 -0.03 (-0.54 %)
(As of 07/17/2018 03:01 PM ET)
Previous Close$5.50
Today's Range$5.50 - $5.55
52-Week Range$3.60 - $5.70
Volume2,482 shs
Average Volume143,005 shs
Market Capitalization$348.48 million
P/E Ratio-20.37
Dividend YieldN/A
Beta0.74
Great Lakes Dredge & Dock logoGreat Lakes Dredge & Dock Corporation provides dredging services in the United States and internationally. It operates through two segments, Dredging, and Environmental & Infrastructure. The Dredging segment 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. This segment 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. It serves federal, state, and local governments; foreign governments; and domestic and foreign private concerns, such as utilities, oil, and other energy companies. The Environmental & Infrastructure segment provides environmental and geotechnical construction services, including the creation, repair, or stabilization of environmental barriers; and remediation services comprising the containment, immobilization, or removal of contamination from an environment. It serves general contractors, corporations, superfund potentially responsible parties, and environmental engineering and construction firms, as well as federal and municipal government agencies. The company operates a fleet of 20 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.

Receive GLDD News and Ratings via Email

Sign-up to receive the latest news and ratings for GLDD and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio1.95
Current Ratio1.78
Quick Ratio1.53

Price-To-Earnings

Trailing P/E Ratio-20.37
Forward P/E Ratio-552.00
P/E GrowthN/A

Sales & Book Value

Annual Sales$702.50 million
Price / Sales0.49
Cash Flow$0.7603 per share
Price / Cash7.26
Book Value$3.59 per share
Price / Book1.54

Profitability

EPS (Most Recent Fiscal Year)($0.27)
Net Income$-31,260,000.00
Net Margins-3.51%
Return on Equity-7.17%
Return on Assets-1.94%

Miscellaneous

Employees475
Outstanding Shares62,230,000
Market Cap$348.48

The Truth About Cryptocurrencies

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 data on Wednesday, May, 2nd. The construction company reported ($0.07) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.14) by $0.07. The construction company earned $146.59 million during the quarter, compared to the consensus estimate of $184.20 million. Great Lakes Dredge & Dock had a negative net margin of 3.51% and a negative return on equity of 7.17%. Great Lakes Dredge & Dock's revenue for the quarter was down 14.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.28) 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, 1st 2018. View Earnings Estimates for Great Lakes Dredge & Dock.

What price target have analysts set for GLDD?

2 analysts have issued 12 month price objectives 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 share price to reach $8.00 in the next year. This suggests a possible upside of 45.5% from the stock's current price. View Analyst Ratings for Great Lakes Dredge & Dock.

What is the consensus analysts' recommendation for Great Lakes Dredge & Dock?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Great Lakes Dredge & Dock in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy."

Are investors shorting Great Lakes Dredge & Dock?

Great Lakes Dredge & Dock saw a decline in short interest in the month of June. As of June 15th, there was short interest totalling 1,640,328 shares, a decline of 31.8% from the May 31st total of 2,404,372 shares. Based on an average daily volume of 130,634 shares, the days-to-cover ratio is presently 12.6 days. Currently, 2.8% of the company's stock are sold short. View Great Lakes Dredge & Dock's Current Options Chain.

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

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 62)
  • Mr. Mark W. Marinko, Sr. VP & CFO (Age 56)
  • Mr. Kyle D. Johnson, Exec. VP & COO (Age 57)
  • Ms. Kathleen Mackie LaVoy, Sr. VP, Chief Legal Officer & Corp. Sec. (Age 38)
  • Mr. David E. Simonelli, Pres of Dredging Division (Age 61)

Has Great Lakes Dredge & Dock been receiving favorable news coverage?

Headlines about GLDD stock have been trending somewhat positive recently, Accern reports. The research group scores the sentiment of news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Great Lakes Dredge & Dock earned a news impact score of 0.13 on Accern's scale. They also assigned media stories about the construction company an impact score of 46.45 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

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 $5.50.

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

Great Lakes Dredge & Dock has a market capitalization of $348.48 million and generates $702.50 million in revenue each year. The construction company earns $-31,260,000.00 in net income (profit) each year or ($0.27) on an earnings per share basis. Great Lakes Dredge & Dock employs 475 workers across the globe.

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:  146 (Vote Outperform)
Underperform Votes:  139 (Vote Underperform)
Total Votes:  285
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 7/17/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.