Great Lakes Dredge & Dock Corporation (GLDD)

NASDAQ: GLDD · IEX Real-Time Price · USD
5.41
+0.12 (2.17%)
Mar 31, 2023, 11:45 AM EDT - Market open
2.17%
Market Cap 357.54M
Revenue (ttm) 648.78M
Net Income (ttm) -34.06M
Shares Out 66.33M
EPS (ttm) -0.52
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 111,928
Open 5.35
Previous Close 5.29
Day's Range 5.34 - 5.41
52-Week Range 4.75 - 15.40
Beta 0.98
Analysts Buy
Price Target 11.22 (+108.55%)
Earnings Date May 1, 2023

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 421
Stock Exchange NASDAQ
Ticker Symbol GLDD
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for GLDD stock is "Buy." The 12-month stock price forecast is $11.22, which is an increase of 108.55% from the latest price.

Price Target
$11.22
(108.55% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Great Lakes Announces Receipt of $138.8 Million in Awarded Work

HOUSTON, March 20, 2023 (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 week ago - GlobeNewsWire

Great Lakes Reports Fourth Quarter and Full Year 2022 Results

Fourth quarter net loss of $31.2 million Fourth quarter negative adjusted EBITDA of $24.2 million Full year net loss of $34.1 million Full year adjusted EBITDA of $17.0 million Net loss and adjusted E...

1 month ago - GlobeNewsWire

Great Lakes Dredge & Dock Corporation Schedules Announcement of 2022 Fourth Quarter Results

HOUSTON, Feb. 08, 2023 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) today announced that it will release the financial results for its three and twelve months ended Decembe...

1 month ago - GlobeNewsWire

Great Lakes to Present at the 23rd Annual CJS Securities "New Ideas for the New Year" Investor Conference

HOUSTON, Jan. 04, 2023 (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 Provides an Update to Q4 2022

HOUSTON, Dec. 20, 2022 (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 Fleet Renewal Program on Schedule with the Launch of the Galveston Island Last Week

HOUSTON, Dec. 05, 2022 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation (“Great Lakes” or the “Company”) (NASDAQ: GLDD), the largest provider of dredging services in the United States, provid...

4 months ago - GlobeNewsWire

Great Lakes Dredge & Dock (GLDD) Reports Q3 Loss, Misses Revenue Estimates

Great Lakes Dredge & Dock (GLDD) delivered earnings and revenue surprises of -287.50% and 3.45%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for th...

5 months ago - Zacks Investment Research

Great Lakes Reports Third Quarter Results

Third quarter net loss of $9.9 million Third quarter adjusted EBITDA of $1.3 million Dredging Backlog of $452.6 million at September 30, 2022

5 months ago - GlobeNewsWire

Great Lakes Dredge & Dock Corporation Schedules Announcement of 2022 Third Quarter Results

HOUSTON, Oct. 25, 2022 (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...

5 months ago - GlobeNewsWire

Great Lakes Announces Receipt of $143.5 Million in Awarded Work; Open Options Pending Award of $102.8 Million

HOUSTON, Oct. 12, 2022 (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...

6 months ago - GlobeNewsWire

After 3rd-Quarter Carnage, Look at the Casualty List

Investors suffered their third unpleasant quarter in a row in the quarter that just ended. After this pounding, quite a few stocks look attractive to me.

Other symbols: FLGTINTCLESTXTSNWDC
6 months ago - GuruFocus

Great Lakes Announces Receipt of $107.0 Million in Awarded Work

HOUSTON, Aug. 24, 2022 (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...

7 months ago - GlobeNewsWire

Great Lakes Dredge & Dock (GLDD) Reports Q2 Loss, Lags Revenue Estimates

Great Lakes Dredge & Dock (GLDD) delivered earnings and revenue surprises of -126.09% and 19.23%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the st...

8 months ago - Zacks Investment Research

Great Lakes Reports Second Quarter Results

Second quarter net loss of $4.0 million Second quarter adjusted EBITDA of $10.2 million Backlog of $373.8 million at June 30, 2022

8 months ago - GlobeNewsWire

Great Lakes Dredge & Dock Corporation Schedules Announcement of 2022 Second Quarter Results

HOUSTON, July 26, 2022 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) today announced that it will release the financial results for its three and six months ended June 30, 2...

8 months ago - GlobeNewsWire

Great Lakes Dredge & Dock Corporation Announces New Appointments

HOUSTON, July 26, 2022 (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 a...

8 months ago - GlobeNewsWire

Great Lakes Announces Participation in Noble Capital Markets C-Suite Interview Series

HOUSTON, June 27, 2022 (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 an...

9 months ago - GlobeNewsWire

Great Lakes Dredge & Dock Corporation Announces the Retirement of Chief Operating Officer, David E. Simonelli

HOUSTON, June 23, 2022 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation (“Great Lakes” or the “Company”) (NASDAQ:GLDD), the largest provider of dredging services in the United States announce...

10 months ago - GlobeNewsWire

Great Lakes Announces Exercise of Option to Build Second 6,500 cubic yard Trailing Suction Hopper Dredge

HOUSTON, June 07, 2022 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation (“Great Lakes” or the “Company”) (NASDAQ:GLDD), the largest provider of dredging services in the United States announce...

10 months ago - GlobeNewsWire

Great Lakes Dredge & Dock (GLDD) Lags Q1 Earnings Estimates

Great Lakes Dredge & Dock (GLDD) delivered earnings and revenue surprises of -5.56% and 10.43%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the sto...

11 months ago - Zacks Investment Research

Great Lakes Reports First Quarter Results

First quarter net income of $11.1 million

11 months ago - GlobeNewsWire

Great Lakes Dredge & Dock Corporation Awarded Large-Scale U.S. Offshore Wind Rock Installation Project

First offshore wind rock installation contract awarded to a U.S. company First offshore wind rock installation contract awarded to a U.S. company

11 months ago - GlobeNewsWire

Great Lakes Dredge & Dock Corporation Schedules Announcement of 2022 First Quarter Results

HOUSTON, April 26, 2022 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) today announced that it will release the financial results for its three ended March 31, 2022 on Tuesda...

1 year ago - GlobeNewsWire

Great Lakes Announces Significant Agreement with Texas A&M University

HOUSTON, March 31, 2022 (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...

1 year ago - GlobeNewsWire

Great Lakes Announces Receipt of $132.3 Million in Awarded Work

HOUSTON, March 17, 2022 (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...

1 year ago - GlobeNewsWire