Great Lakes Dredge & Dock Corporation (GLDD)

NASDAQ: GLDD · Real-Time Price · USD
16.89
+0.01 (0.06%)
At close: Feb 20, 2026, 4:00 PM EST
16.87
-0.02 (-0.12%)
After-hours: Feb 20, 2026, 7:04 PM EST
Market Cap1.13B +48.8%
Revenue (ttm)834.60M +12.5%
Net Income80.55M +36.3%
EPS1.19 +36.3%
Shares Out 66.78M
PE Ratio14.20
Forward PE17.45
Dividendn/a
Ex-Dividend Daten/a
Volume1,856,064
Open16.90
Previous Close16.88
Day's Range16.88 - 16.91
52-Week Range7.51 - 16.99
Beta1.41
AnalystsBuy
Price Target20.00 (+18.41%)
Earnings DateFeb 17, 2026

About GLDD

Great Lakes Dredge & Dock Corporation provides dredging services in the United States. The company offers 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 comprising moving sand from the ocean floor to shoreline locations where erosion threatens shoreline assets; maintenance dredging, ... [Read more]

IPO Date Dec 27, 2006
Employees 381
Stock Exchange NASDAQ
Ticker Symbol GLDD
Full Company Profile

Financial Performance

In 2024, Great Lakes Dredge & Dock's revenue was $762.69 million, an increase of 29.35% compared to the previous year's $589.63 million. Earnings were $57.27 million, an increase of 311.80%.

Financial Statements

Analyst Summary

According to one analyst, the rating for GLDD stock is "Buy" and the 12-month stock price target is $20.0.

Price Target
$20.0
(18.41% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Johnson Fistel Investigates Great Lakes Dredge & Dock (GLDD) in Connection with Proposed Sale to Saltchuk Resources

SAN DIEGO, Feb. 12, 2026 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, PLLP has launched an investigation into whether the board members of Great Lakes Dredge & Dock Corporation (NAS...

9 days ago - GlobeNewsWire

SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of Great Lakes Dredge & Dock Corporation (GLDD)

Bala Cynwyd, Pennsylvania--(Newsfile Corp. - February 11, 2026) - Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of Great Lakes Dredge...

10 days ago - Newsfile Corp

Great Lakes Dredge & Dock to Join the Saltchuk Family of Companies

HOUSTON and SEATTLE, Feb. 11, 2026 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation ("Great Lakes" or the “Company”) (NASDAQ: GLDD), the largest provider of dredging services in the United St...

10 days ago - GlobeNewsWire

Great Lakes Dredge & Dock Keeps Digging Up Value (Rating Upgrade)

Great Lakes Dredge & Dock (GLDD) is upgraded to a 'buy' due to a strong turnaround in revenue, profits, and cash flow. GLDD benefits from capital dredging projects tied to LNG terminal expansion and c...

20 days ago - Seeking Alpha

Great Lakes Dredge & Dock Corporation: Solid Setup With Visible Earnings Growth

Great Lakes Dredge & Dock Corporation is rated Buy, driven by strong revenue visibility, a high-quality backlog, and margin expansion catalysts. GLDD's $1.1 billion effective backlog covers 15 months ...

24 days ago - Seeking Alpha

Great Lakes Receives S&P Global Ratings Upgrade to B

HOUSTON, Nov. 25, 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...

3 months ago - GlobeNewsWire

Great Lakes Dredge & Dock: A Strong Return On Equity Stock

Great Lakes Dredge & Dock (GLDD) boasts industry-leading, rising ROE, driven by productivity gains, strong backlog, and effective management. GLDD's recent debt reduction, robust project pipeline, and...

3 months ago - Seeking Alpha

Great Lakes Dredge & Dock Corporation (GLDD) Q3 2025 Earnings Call Transcript

Great Lakes Dredge & Dock Corporation ( GLDD) Q3 2025 Earnings Call November 4, 2025 10:00 AM EST Company Participants Eric Birge - Vice President of Investor Relations and Finance Lasse Petterson - ...

3 months ago - Seeking Alpha

Great Lakes Reports Third Quarter 2025 Results

Third quarter net inc ome of $17.7 million Third quarter Adjusted EBITDA of $39.3 million Dredging backlog o f $934.5 million at September 30 , 2025 HOUSTON, Nov. 04, 2025 (GLOBE NEWSWIRE) -- Great La...

3 months ago - GlobeNewsWire

Great Lakes Dredge & Dock Corporation Schedules Announcement of 2025 Third Quarter Results

HOUSTON, Oct. 28, 2025 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) today announced that it will release the financial results for its three months ended September 30, 2025...

4 months ago - GlobeNewsWire

Great Lakes Announces Receipt of $134 million in Awarded Work

HOUSTON, Oct. 01, 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...

5 months ago - GlobeNewsWire

Great Lakes Announces the Delivery of its Newest Hopper Dredge, the Amelia Island

HOUSTON, Aug. 20, 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, today ...

6 months ago - GlobeNewsWire

Great Lakes Dredge & Dock Corporation: Upgrading To Buy On Execution And Visibility

GLDD is transitioning to a more cash-generative phase as its major capex cycle winds down, supporting a constructive outlook. A record ~$1 billion backlog, with high-margin capital and coastal project...

7 months ago - Seeking Alpha

Great Lakes Dredge & Dock: A Post-Earnings Assessment

Great Lakes Dredge & Dock just delivered solid Q2 results, beating earnings and revenue expectations with 14% year-over-year revenue growth. The company is repurchasing shares, is completing a new bui...

7 months ago - Seeking Alpha

Great Lakes Dredge & Dock Corporation (GLDD) Q2 2025 Earnings Conference Call Transcript

Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) Q2 2025 Earnings Call August 5, 2025 10:00 AM ET Company Participants Eric Birge - Vice President of Investor Relations and Finance Lasse J. Petter...

7 months ago - Seeking Alpha

Great Lakes Reports Second Quarter 2025 Results

Second quarter net inc ome of $9.7 million Second quarter Adjusted EBITDA of $28.0 million Dredging backlog o f $1 billion at June 30 , 2025 HOUSTON, Aug. 05, 2025 (GLOBE NEWSWIRE) -- Great Lakes Dred...

7 months ago - GlobeNewsWire

Great Lakes Dredge & Dock Corporation Schedules Announcement of 2025 Second Quarter Results

HOUSTON, July 28, 2025 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) today announced that it will release the financial results for its three months ended June 30, 2025, on ...

7 months ago - GlobeNewsWire

Great Lakes Announces the Launch of the Acadia, the First U.S. Flagged, Jones Act Subsea Rock Installation Vessel

HOUSTON, July 23, 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, today ...

7 months ago - GlobeNewsWire

Tariffs Reignited: Best Stocks To Buy Now

Aug. 1 tariff deadlines and a potential firing of Fed Chair Powell, according to reports, are reintroducing uncertainty for the markets, which have been volatile in both directions, despite major US i...

Other symbols: ATIBACPRIMSTRL
7 months ago - Seeking Alpha

Great Lakes Dredge & Dock: Backlog And Margin Gains Signal Late-Cycle Opportunity

Great Lakes Dredge & Dock posted 300%+ net income growth in 2024, driven by strong execution, margin expansion, and a $1B+ high-margin backlog. Valuation remains compelling at 10.6x P/E and 8.0x EV/EB...

9 months ago - Seeking Alpha

Great Lakes Dredge & Dock Corporation (GLDD) Q1 2025 Earnings Call Transcript

Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) Q1 2025 Earnings Conference Call May 6, 2025 10:00 AM ET Company Participants Eric Birge - Vice President of Investor Relations Lasse Petterson - P...

10 months ago - Seeking Alpha

Great Lakes Reports First Quarter 2025 Results

First quarter net inc ome of $33.4 million First quarter Adjusted EBITDA of $60.1 million Dredging backlog o f $1 billion at March 31 , 2025 HOUSTON, May 06, 2025 (GLOBE NEWSWIRE) -- Great Lakes Dredg...

10 months ago - GlobeNewsWire

Great Lakes Dredge & Dock Corporation Schedules Announcement of 2025 First Quarter Results

HOUSTON, April 29, 2025 (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, 2025, o...

10 months ago - GlobeNewsWire

Great Lakes Announces $50 Million Share Repurchase Program

HOUSTON, March 14, 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, today...

1 year ago - GlobeNewsWire

Great Lakes Dredge & Dock to Present at Sidoti Small Cap Virtual Conference on Wednesday, March 19, 2025

HOUSTON, March 12, 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, annou...

1 year ago - GlobeNewsWire