Great Lakes Dredge & Dock Corporation (GLDD)

NASDAQ: GLDD · IEX Real-Time Price · USD
13.08
-0.26 (-1.95%)
Jun 29, 2022 11:52 AM EDT - Market open
-1.95%
Market Cap 864.14M
Revenue (ttm) 742.87M
Net Income (ttm) 51.68M
Shares Out 66.07M
EPS (ttm) 0.79
PE Ratio 16.64
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 42,654
Open 13.35
Previous Close 13.34
Day's Range 13.04 - 13.48
52-Week Range 12.87 - 16.27
Beta 0.70
Analysts Buy
Price Target 18.72 (+43.1%)
Earnings Date Aug 2, 2022

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...]

Industry Construction & Engineering
IPO Date Dec 27, 2006
CEO Lasse Petterson
Employees 421
Stock Exchange NASDAQ
Ticker Symbol GLDD
Full Company Profile

Financial Performance

In 2021, GLDD's revenue was $726.15 million, a decrease of -1.02% compared to the previous year's $733.60 million. Earnings were $49.43 million, a decrease of -25.22%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for GLDD stock is "Buy." The 12-month stock price forecast is 18.72, which is an increase of 43.12% from the latest price.

Price Target
$18.72
(43.12% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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 anno...

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 announced ...

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 announced ...

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 stock?

Great Lakes Reports First Quarter Results

First quarter net income of $11.1 million

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

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 Tuesday,...

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 announce...

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 announce...

Great Lakes Dredge & Dock (GLDD) Surpasses Q4 Earnings Estimates

Great Lakes Dredge & Dock (GLDD) delivered earnings and revenue surprises of 19.35% and 6.68%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Great Lakes Reports Fourth Quarter and Full Year 2021 Results

Fourth quarter net income of $24.7 million Fourth quarter adjusted EBITDA of $48.2 million Full year net income of $49.4 million Full year adjusted EBITDA of $127.4 million Backlog of $551.6 million at ...

Construction Stock Q4 Earnings on Feb 16: OC, VMC, UFPI & More

The sector's Q4 results are likely to reflect solid housing demand. Yet, intense inflationary pressure owing to supply chain disruptions might have been a risk.

Other symbols: NOAOCUFPIVMC

Great Lakes Dredge & Dock (GLDD) Earnings Expected to Grow: What to Know Ahead of Q4 Release

Great Lakes Dredge & Dock (GLDD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Great Lakes Dredge & Dock Corporation Schedules Announcement of 2021 Fourth Quarter Results

HOUSTON, Feb. 09, 2022 (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 December ...

7 Infrastructure Stocks to Buy in January

Infrastructure stocks could get hot in 2022 as traders look to buy into real economy plays amid stimulus and inflationary tailwinds. The post 7 Infrastructure Stocks to Buy in January appeared first on ...

Other symbols: EMNENBIIINOMABPACX

Great Lakes Dredge & Dock Announces Receipt of $92.5 Million Houston Ship Channel Widening and Improvement Project 11...

HOUSTON, Nov. 22, 2021 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation (“Great Lakes Dredge & Dock” or the “Company”) (NASDAQ: GLDD), the largest provider of dredging services in the United St...

Great Lakes (GLDD) to Build First Jones Act Fallpipe Vessel

Great Lakes Dredge & Dock (GLDD) is set to support Philly Shipyard to build the subsea rock installation vessel for the U.S. offshore wind.

Great Lakes Dredge & Dock Inks Contract With Philly Shipyard To Build Jones-Act Compliant Vessel

Great Lakes Dredge & Dock Corp (NASDAQ: GLDD) signed a contract with Philly Shipyard, Inc to build the first U.S.-flagged Jones Act-compliant, inclined fallpipe vessel for subsea rock installation. This...

Great Lakes Dredge & Dock Corporation Signs Contract with Philly Shipyard, Inc. to Build the First Jones-Act Complian...

HOUSTON, Nov. 16, 2021 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation (“Great Lakes Dredge & Dock” or the “Company”) (NASDAQ: GLDD), the largest provider of dredging services in the United St...

Great Lakes Dredge & Dock (GLDD) Q3 Earnings and Revenues Lag Estimates

Great Lakes Dredge & Dock (GLDD) delivered earnings and revenue surprises of -27.59% and -13.52%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the...

Great Lakes Reports Third Quarter Results

Third quarter net income of $13.8 million

Great Lakes Dredge & Dock (GLDD) to Report Q3 Results: Wall Street Expects Earnings Growth

Great Lakes Dredge & Dock (GLDD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Great Lakes Announces Receipt of $88.1 Million in Awarded Work

HOUSTON, Oct. 14, 2021 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation ("Great Lakes") (NASDAQ: GLDD), the largest provider of dredging services in the United States announced today the receip...

Great Lakes Names Scott Kornblau As New Finance Chief

Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) has appointed Scott Kornblau as its Senior Vice President and Chief Financial Officer effective immediately. Mr. Kornblau succeeds Mark Marinko, who ...

Great Lakes Dredge & Dock Corporation Appoints Scott Kornblau as Senior Vice President and Chief Financial Officer

HOUSTON, Oct. 01, 2021 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Co. (NASDAQ:GLDD), the nation's largest provider of dredging servicers, has appointed Scott Kornblau as its Senior Vice President and...