Great Lakes Dredge & Dock Corporation (GLDD)

NASDAQ: GLDD · Real-Time Price · USD
12.44
+0.42 (3.49%)
Jan 21, 2025, 4:00 PM EST - Market closed
3.49%
Market Cap 836.86M
Revenue (ttm) 741.65M
Net Income (ttm) 59.11M
Shares Out 67.27M
EPS (ttm) 0.87
PE Ratio 14.26
Forward PE 15.52
Dividend n/a
Ex-Dividend Date n/a
Volume 595,917
Open 12.24
Previous Close 12.02
Day's Range 12.14 - 12.54
52-Week Range 6.55 - 12.89
Beta 1.17
Analysts Buy
Price Target 14.00 (+12.54%)
Earnings Date Feb 12, 2025

About GLDD

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 that comprises of moving sand from the ocean floor to shoreline locations where erosion threatens shoreline assets; maintenance... [Read more]

Sector Industrials
IPO Date Dec 27, 2006
Employees 367
Stock Exchange NASDAQ
Ticker Symbol GLDD
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to one analyst, the rating for GLDD stock is "Buy" and the 12-month stock price forecast is $14.0.

Price Target
$14.0
(12.54% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Great Lakes Announces Election of New Director

HOUSTON, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation ("Great Lakes" or the “Company”) (NASDAQ: GLDD), the largest provider of dredging services in the United States, announ...

13 days ago - GlobeNewsWire

Great Lakes Dredge & Dock to Present at CJS Securities 25th Annual New Ideas for the New Year Virtual Conference on Tuesday, January 14, 2025

HOUSTON, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation ("Great Lakes" or the “Company”) (NASDAQ: GLDD), the largest provider of dredging services in the United States, announ...

13 days ago - GlobeNewsWire

Great Lakes Announces Receipt of $182 Million in Awarded Work

HOUSTON, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation ("Great Lakes" or the “Company”) (NASDAQ: GLDD), the largest provider of dredging services in the United States, announ...

4 weeks ago - GlobeNewsWire

Great Lakes Dredge & Dock Is A Steal With Crystal Clear Visibility And Massive Growth Ahead

Great Lakes Dredge & Dock boasts a $1.2 billion backlog and strong revenue visibility, ensuring stable, long-term growth. The company is positioned to capitalize on key tailwinds, including increased ...

7 weeks ago - Seeking Alpha

Great Lakes Dredge & Dock to Present at NobleCon20 - Noble Capital Markets' Twentieth Annual Emerging Growth Equity Conference on Tuesday, December 3, 2024

HOUSTON, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation ("Great Lakes" or the “Company”) (NASDAQ: GLDD), the largest provider of dredging services in the United States, announ...

2 months ago - GlobeNewsWire

Great Lakes Dredge & Dock's Cape Hatteras and Cape Canaveral Multi Cat Vessels Win Prestigious WorkBoat's Significant Boat of the Year Award

HOUSTON, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation ("Great Lakes" or the “Company”) (NASDAQ: GLDD), the largest provider of dredging services in the United States, announ...

2 months ago - GlobeNewsWire

Great Lakes Dredge & Dock Corporation (GLDD) Q3 2024 Earnings Call Transcript

Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) Q3 2024 Earnings Call November 5, 2024 10:00 AM ET Company Participants Tina Baginskis - Director, Investor Relations Lasse Petterson - President a...

2 months ago - Seeking Alpha

Great Lakes Dredge & Dock Corporation Schedules Announcement of 2024 Third Quarter Results

HOUSTON, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) today announced that it will release the financial results for its three and nine months ended September...

3 months ago - GlobeNewsWire

Great Lakes Dredge & Dock Corp (GLDD) Shares Up 9.84% on Oct 2

Shares of Great Lakes Dredge & Dock Corp (GLDD, Financial) surged 9.84% in mid-day trading on Oct 2. The stock reached an intraday high of $11.78, before settling at $11.78, up from its previous close...

3 months ago - GuruFocus

Great Lakes Announces Receipt of $342.3 Million in Awarded Work

HOUSTON, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation ("Great Lakes" or the “Company”) (NASDAQ: GLDD), the largest provider of dredging services in the United States, announ...

4 months ago - GlobeNewsWire

Great Lakes Dredge & Dock to Present at Noble Capital Markets' Basic Industries Emerging Growth Virtual Equity Conference on Wednesday, September 25, 2024

HOUSTON, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation ("Great Lakes" or the “Company”) (NASDAQ: GLDD), the largest provider of dredging services in the United States, annou...

4 months ago - GlobeNewsWire

Great Lakes Dredge & Dock: Good Near And Long-Term Growth Prospects

Great Lakes Dredge & Dock Corporation (GLDD) has strong growth prospects due to a healthy backlog, robust bidding activity, and federal infrastructure funding support. The company's revenue growth is ...

4 months ago - Seeking Alpha

Great Lakes Dredge & Dock to Present at Sidoti Small-Cap Virtual Investor Conference on Wednesday, September 18, 2024

HOUSTON, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation ("Great Lakes" or the “Company”) (NASDAQ: GLDD), the largest provider of dredging services in the United States, annou...

4 months ago - GlobeNewsWire

Great Lakes Dredge & Dock Corporation Announces Participation in Noble Capital Markets' C-Suite Interview Series

HOUSTON, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation ("Great Lakes" or the “Company”) (NASDAQ: GLDD), the largest provider of dredging services in the United States, today...

4 months ago - GlobeNewsWire

Great Lakes Receives S&P Global Ratings Upgrade to B-

HOUSTON, Aug. 29, 2024 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation ("Great Lakes" or the “Company”) (NASDAQ: GLDD), the largest provider of dredging services in the United States, announ...

5 months ago - GlobeNewsWire

Great Lakes Announces Receipt of $256.2 Million in Awarded Work

HOUSTON, Aug. 26, 2024 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation (“Great Lakes” or the “Company”) (NASDAQ: GLDD), the largest provider of dredging services in the United States, announ...

5 months ago - GlobeNewsWire

Great Lakes Dredge & Dock Corporation (GLDD) Q2 2024 Earnings Call Transcript

Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) Q2 2024 Results Conference Call August 6, 2024 10:00 AM ET Company Participants Tina Baginskis - Director, IR Lasse Petterson - President and CEO S...

5 months ago - Seeking Alpha

Great Lakes Reports Second Quarter 2024 Results

Second quarter net income of $7.7 million  Second quarter adjusted EBITDA of $25.8 million  Dredging backlog of $807.9 million at June 30, 2024

6 months ago - GlobeNewsWire

United States Dredging Market 10 Year Forecast Report 2019-2029, with Great Lakes Dredge & Dock, Weeks Marine, Manson Construction, Marinex Construction, Cavache, Mike Hooks and Great River Energy

Dublin, June 24, 2024 (GLOBE NEWSWIRE) -- The "United States Dredging Market By Region, Competition, Forecast and Opportunities, 2019-2029F" report has been added to ResearchAndMarkets.com's offering.

7 months ago - GlobeNewsWire

Great Lakes Dredge & Dock to Present at Sidoti June Virtual Conference on Thursday, June 13, 2024

HOUSTON, June 05, 2024 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation ("Great Lakes" or the “Company”) (NASDAQ: GLDD), the largest provider of dredging services in the United States, announ...

8 months ago - GlobeNewsWire

Great Lakes Dredge & Dock Corporation (GLDD) Q1 2024 Earnings Call Transcript

Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) Q1 2024 Earnings Conference Call May 7, 2024 10:00 AM ET Company Participants Tina Baginskis - Director, IR Lasse Petterson - President and CEO Sco...

9 months ago - Seeking Alpha

Great Lakes Reports First Quarter 2024 Results

First quarter net income of $21.0 million First quarter adjusted EBITDA of $42.9 million Dredging backlog of $879.4 million at March 31, 2024

9 months ago - GlobeNewsWire

Great Lakes Dredge & Dock Corporation Schedules Announcement of 2024 First Quarter Results

HOUSTON, April 30, 2024 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) today announced that it will release the financial results for its three months ended March 31, 2024 on...

9 months ago - GlobeNewsWire

Great Lakes Announces New $150,000,000 Second-Lien Financing Agreement

HOUSTON, April 24, 2024 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation ("Great Lakes" or the “Company”) (NASDAQ: GLDD), the largest provider of dredging services in the United States, annou...

9 months ago - GlobeNewsWire

Great Lakes Dredge & Dock: A Good Opportunity With Minimal Downside Risk

GLDD recently posted improved financial results for Q4 FY23, with increased contract revenues and improved margins. Despite lower annual revenue in FY23 compared to FY22, profitability improved signif...

11 months ago - Seeking Alpha