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

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

Great Lakes Dredge & Dock Co. (NASDAQ:GLDD) issued its quarterly earnings results on Wednesday, February, 19th. The construction company reported $0.23 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.14 by $0.09. The construction company had revenue of $164.30 million for the quarter, compared to analysts' expectations of $188.90 million. Great Lakes Dredge & Dock had a return on equity of 22.19% and a net margin of 6.93%. Great Lakes Dredge & Dock's revenue was down 5.2% on a year-over-year basis. During the same quarter last year, the business posted ($0.08) EPS. View Great Lakes Dredge & Dock's Earnings History.

Great Lakes Dredge & Dock is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for Great Lakes Dredge & Dock.

1 analysts have issued 12 month target prices for Great Lakes Dredge & Dock's shares. Their forecasts range from $13.80 to $13.80. On average, they expect Great Lakes Dredge & Dock's stock price to reach $13.80 in the next twelve months. This suggests a possible upside of 34.6% 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 somewhat negative recently, according to InfoTrie. The research group identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Great Lakes Dredge & Dock earned a media sentiment score of -1.0 on InfoTrie's scale. They also gave media headlines about the construction company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Great Lakes Dredge & Dock.

Great Lakes Dredge & Dock saw a decline in short interest during the month of January. As of January 15th, there was short interest totalling 2,110,000 shares, a decline of 10.6% from the December 31st total of 2,360,000 shares. Based on an average daily trading volume, of 369,100 shares, the short-interest ratio is currently 5.7 days. Approximately 3.4% of the company's stock are sold short. View Great Lakes Dredge & Dock's Current Options Chain.

Some companies that are related to Great Lakes Dredge & Dock include Jacobs Engineering Group (JEC), Aecom (ACM), Quanta Services (PWR), Emcor Group (EME), MasTec (MTZ), KBR (KBR), Fluor Co. (NEW) (FLR), Comfort Systems USA (FIX), Dycom Industries (DY), Granite Construction (GVA), Primoris Services (PRIM), Ameresco (AMRC), Argan (AGX), Aegion (AEGN) and Tutor Perini (TPC).

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), Ford Motor (F), Freeport-McMoRan (FCX), Advanced Micro Devices (AMD), Bank of America (BAC), Energy Transfer LP Unit (ET), New Residential Investment (NRZ), AT&T (T) and Century Aluminum (CENX).

Great Lakes Dredge & Dock's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Jennison Associates LLC (6.34%), Renaissance Technologies LLC (3.46%), Russell Investments Group Ltd. (3.16%), Walthausen & Co. LLC (2.01%), State Street Corp (1.96%) and AQR Capital Management LLC (1.86%). Company insiders that own Great Lakes Dredge & Dock stock include David E Simonelli, Kathleen M Shanahan, Kathleen Mackie Lavoy, Lasse Petterson, 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 Oxford Asset Management LLP, AQR Capital Management LLC, Robeco Institutional Asset Management B.V., Alberta Investment Management Corp, Charles Schwab Investment Management Inc., Dupont Capital Management Corp, Massachusetts Financial Services Co. MA and Minerva Advisors LLC. 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 Principal Financial Group Inc., AJO LP, Bank of Montreal Can, Russell Investments Group Ltd., Jennison Associates LLC, Renaissance Technologies LLC, Knights of Columbus Asset Advisors LLC and Los Angeles Capital Management & Equity Research Inc.. Company insiders that have bought Great Lakes Dredge & Dock stock in the last two years include Kathleen M Shanahan, Lasse Petterson, Ronald Steger and Ryan Levenson. 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, Robinhood, Fidelity and Charles Schwab.

One share of GLDD stock can currently be purchased for approximately $10.25.

Great Lakes Dredge & Dock has a market capitalization of $655.18 million and generates $711.52 million in revenue each year. The construction company earns $-6,290,000.00 in net income (profit) each year or $0.86 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.