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

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$10.77 +0.06 (+0.56 %)
(As of 05/21/2019 04:00 PM ET)
Previous Close$10.71
Today's Range$10.71 - $10.81
52-Week Range$4.70 - $11.26
Volume313,850 shs
Average Volume524,573 shs
Market Capitalization$682.47 million
P/E Ratio29.92
Dividend YieldN/A
Beta0.73
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. It 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. 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 23 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.

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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$1.2309 per share
Book Value$3.78 per share

Profitability

Net Income$-6,290,000.00

Miscellaneous

Employees463
Market Cap$682.47 million
Next Earnings Date8/7/2019 (Estimated)
OptionableOptionable

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) issued its quarterly earnings results on Tuesday, April, 30th. The construction company reported $0.32 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.07 by $0.25. The construction company had revenue of $192.60 million for the quarter, compared to the consensus estimate of $180.20 million. Great Lakes Dredge & Dock had a net margin of 2.80% and a return on equity of 18.05%. The firm's quarterly revenue was up 44.2% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.15) EPS. 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 brokerages have issued 1 year price objectives for Great Lakes Dredge & Dock's shares. Their predictions range from $8.00 to $8.00. On average, they expect Great Lakes Dredge & Dock's stock price to reach $8.00 in the next twelve months. This suggests that the stock has a possible downside of 25.7%. 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?

Media coverage about GLDD stock has been trending somewhat negative this week, according to InfoTrie Sentiment. The research firm identifies positive and negative press 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 daily sentiment score of -1.2 on InfoTrie's scale. They also gave news headlines about the construction company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the next few days.

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 General Electric (GE), Chesapeake Energy (CHK), Sirius XM (SIRI), ANNALY CAP MGMT/SH (NLY), New Residential Investment (NRZ), Two Harbors Investment (TWO), Advanced Micro Devices (AMD), Array Biopharma (ARRY), Exelixis (EXEL) and FireEye (FEYE).

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 a variety of of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (8.21%), Jennison Associates LLC (7.15%), BlackRock Inc. (6.56%), Walthausen & Co. LLC (2.59%), Private Management Group Inc. (2.42%) and Boston Partners (2.19%). 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, 22NW LP, Private Management Group Inc., BlackRock Inc. and Hodges Capital Management Inc.. 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, Morgan Stanley, AQR Capital Management LLC, JPMorgan Chase & Co., Renaissance Technologies LLC, Nordea Investment Management AB, Charles Schwab Investment Management Inc. and Oxford Asset Management LLP. 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 $10.77.

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

Great Lakes Dredge & Dock has a market capitalization of $682.47 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.

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:  209 (Vote Outperform)
Underperform Votes:  191 (Vote Underperform)
Total Votes:  400
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 5/21/2019 by MarketBeat.com Staff

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