NASDAQ:GLDD

Great Lakes Dredge & Dock Stock Forecast, Price & News

$14.49
-0.03 (-0.21 %)
(As of 06/11/2021 12:00 AM ET)
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Today's Range
$14.46
$14.64
50-Day Range
$13.54
$16.17
52-Week Range
$8.17
$16.28
Volume154,437 shs
Average Volume396,844 shs
Market Capitalization$951.15 million
P/E Ratio23.37
Dividend YieldN/A
Beta0.76
30 days | 90 days | 365 days | Advanced Chart
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Great Lakes Dredge & Dock logo

About Great Lakes Dredge & Dock

Great Lakes Dredge & Dock Corporation provides dredging services in the United States. 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 coastal protection projects, which involves moving sand from the ocean floor to shoreline locations where erosion threatens shoreline assets; maintenance dredging, which consists of the re-dredging of previously deepened waterways and harbors to remove silt, sand and other accumulated sediments; land reclamations, channel deepening, and port infrastructure development; 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 20 dredges, 17 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 Houston, Texas.

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MarketRank

Overall MarketRank

1.49 out of 5 stars

Construction Sector

80th out of 210 stocks

Heavy Construction, Except Building Construction - Contractors Industry

6th out of 16 stocks

Analyst Opinion: 1.5Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
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Great Lakes Dredge & Dock (NASDAQ:GLDD) Frequently Asked Questions

Is Great Lakes Dredge & Dock a buy right now?

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. The consensus among Wall Street analysts is that investors should "buy" Great Lakes Dredge & Dock stock.
View analyst ratings for Great Lakes Dredge & Dock
or view top-rated stocks.

What stocks does MarketBeat like better than Great Lakes Dredge & Dock?

Wall Street analysts have given Great Lakes Dredge & Dock a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Great Lakes Dredge & Dock wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

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, August 3rd 2021.
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) posted its quarterly earnings results on Tuesday, May, 4th. The construction company reported $0.13 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.17 by $0.04. The construction company had revenue of $177.63 million for the quarter, compared to the consensus estimate of $172.50 million. Great Lakes Dredge & Dock had a net margin of 5.90% and a trailing twelve-month return on equity of 12.06%.
View Great Lakes Dredge & Dock's earnings history
.

How has Great Lakes Dredge & Dock's stock price been impacted by Coronavirus (COVID-19)?

Great Lakes Dredge & Dock's stock was trading at $8.10 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, GLDD stock has increased by 78.9% and is now trading at $14.49.
View which stocks have been most impacted by COVID-19
.

What price target have analysts set for GLDD?

1 Wall Street analysts have issued 12-month price objectives 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 stock price to reach $14.35 in the next twelve months. This suggests that the stock has a possible downside of 1.0%.
View analysts' price targets for Great Lakes Dredge & Dock
or view top-rated stocks among Wall Street analysts.

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 65, Pay $2.14M)
  • Mr. Mark W. Marinko, Sr. VP & CFO (Age 59, Pay $894.08k)
  • Mr. David E. Simonelli, Chief Operating Officer (Age 64, Pay $960.29k)
  • Mr. James J. Tastard, Sr. VP and Chief HR & Admin. Officer (Age 56, Pay $519.05k)
  • Mr. William H. Hanson, Sr. VP of Gov. Relations & Bus. Devel. (Age 64, Pay $461.23k)
  • Tina A. Baginskis, Director of Investor Relations
  • Ms. Vivienne R. Schiffer, Sr. VP, Chief Legal Officer, Chief Compliance Officer & Corp. Sec. (Age 61)
  • Mr. J. Christopher Gillespie, Sr. VP & Cutter Suction Dredge Fleet Mang. (Age 60)
  • Mr. Steven W. Becker, Sr. VP of Fleet Engineering (Age 59)
  • Mr. Russell F. Zimmerman, Sr. VP of Project & Area Operations of Southeast

What is Lasse Petterson's approval rating as Great Lakes Dredge & Dock's CEO?

8 employees have rated Great Lakes Dredge & Dock CEO Lasse Petterson on Glassdoor.com. Lasse Petterson has an approval rating of 32% among Great Lakes Dredge & Dock's employees. This puts Lasse Petterson in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

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).

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 a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.38%), Jennison Associates LLC (8.10%), Dimensional Fund Advisors LP (7.01%), Ashford Capital Management Inc. (5.04%), Franklin Resources Inc. (4.54%) and Neumeier Poma Investment Counsel LLC (3.31%). Company insiders that own Great Lakes Dredge & Dock stock include David E Simonelli, Kathleen Mackie Lavoy, Lawrence R Dickerson, Ryan Levenson and William H Hanson.
View institutional ownership trends for Great Lakes Dredge & Dock
.

Which institutional investors are selling Great Lakes Dredge & Dock stock?

GLDD stock was sold by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co., Nuveen Asset Management LLC, Dimensional Fund Advisors LP, Goldman Sachs Group Inc., Renaissance Technologies LLC, TCW Group Inc., Los Angeles Capital Management LLC, and Acadian 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, Lawrence R Dickerson, Ryan Levenson, and William H Hanson.
View insider buying and selling activity for Great Lakes Dredge & Dock
or view top insider-selling stocks.

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

GLDD stock was bought by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Investment Counselors of Maryland LLC, Peregrine Capital Management LLC, BlackRock Inc., Jennison Associates LLC, Mondrian Investment Partners LTD, Millennium Management LLC, and Geode Capital Management LLC.
View insider buying and selling activity for Great Lakes Dredge & Dock
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Great Lakes Dredge & Dock's stock price today?

One share of GLDD stock can currently be purchased for approximately $14.49.

How much money does Great Lakes Dredge & Dock make?

Great Lakes Dredge & Dock has a market capitalization of $951.15 million and generates $733.60 million in revenue each year. The construction company earns $66.10 million in net income (profit) each year or $1.00 on an earnings per share basis.

How many employees does Great Lakes Dredge & Dock have?

Great Lakes Dredge & Dock employs 436 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.

Where are Great Lakes Dredge & Dock's headquarters?

Great Lakes Dredge & Dock is headquartered at 2122 YORK ROAD, OAK BROOK IL, 60523.

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 6/12/2021 by MarketBeat.com Staff
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