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

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

Great Lakes Dredge & Dock Co. (NASDAQ:GLDD) posted its quarterly earnings results on Wednesday, July, 31st. The construction company reported $0.18 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.12 by $0.06. The construction company earned $184.81 million during the quarter, compared to analysts' expectations of $181.65 million. Great Lakes Dredge & Dock had a net margin of 3.90% and a return on equity of 22.64%. The business's quarterly revenue was up 36.6% on a year-over-year basis. During the same quarter last year, the company posted $0.02 earnings per share. View Great Lakes Dredge & Dock's Earnings History.

Great Lakes Dredge & Dock is scheduled to release their next quarterly earnings announcement on Tuesday, November 5th 2019. View Earnings Estimates for Great Lakes Dredge & Dock.

1 brokers have issued twelve-month price objectives for Great Lakes Dredge & Dock's stock. Their forecasts range from $14.00 to $14.00. On average, they anticipate Great Lakes Dredge & Dock's share price to reach $14.00 in the next year. This suggests a possible upside of 30.7% from the stock's current price. View Analyst Price Targets 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.

Media headlines about GLDD stock have been trending positive on Sunday, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Great Lakes Dredge & Dock earned a news sentiment score of 2.5 on InfoTrie's scale. They also gave news headlines about the construction company a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the company's share price in the near term. View News Stories for Great Lakes Dredge & Dock.

Great Lakes Dredge & Dock saw a increase in short interest during the month of July. As of July 31st, there was short interest totalling 1,363,800 shares, an increase of 12.9% from the June 30th total of 1,207,900 shares. Based on an average trading volume of 586,600 shares, the short-interest ratio is currently 2.3 days. Approximately 2.3% of the company's shares are sold short. View Great Lakes Dredge & Dock's Current Options Chain.

Some companies that are related to Great Lakes Dredge & Dock include Fluor Co. (NEW) (FLR), Granite Construction (GVA), Construction Partners (ROAD), Grana y Montero SAA (GRAM), Sterling Construction (STRL), Orion Group (ORN), Williams Industrial Services Group (WLMS) and Empresas ICA SAB de CV (ICAYY).

Based on aggregate information from My MarketBeat watchlists, some companies that other Great Lakes Dredge & Dock investors own include General Electric (GE), Chesapeake Energy (CHK), Advanced Micro Devices (AMD), Freeport-McMoRan (FCX), New Residential Investment (NRZ), Two Harbors Investment (TWO), Array Biopharma (ARRY), Fluent (FLNT), Synergy Pharmaceuticals (SGYP) and Sirius XM (SIRI).

Great Lakes Dredge & Dock's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.79%), Jennison Associates LLC (6.22%), Jennison Associates LLC (6.17%), Vanguard Group Inc. (4.56%), Russell Investments Group Ltd. (3.41%) and JPMorgan Chase & Co. (2.43%). 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.

GLDD stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Jennison Associates LLC, Jennison Associates LLC, Prescott Group Capital Management L.L.C., Wynnefield Capital Inc., ClariVest Asset Management LLC, Essex Investment Management Co. LLC and Invesco Ltd.. 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.

GLDD stock was purchased by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Nuveen Asset Management LLC, Renaissance Technologies LLC, Acadian Asset Management LLC, Panagora Asset Management Inc., Hennessy Advisors Inc., D. E. Shaw & Co. Inc. and AQR Capital Management 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.

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.

One share of GLDD stock can currently be purchased for approximately $10.71.

Great Lakes Dredge & Dock has a market capitalization of $683.62 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.

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

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.