NASDAQ:GLDD

Great Lakes Dredge & Dock (GLDD) Stock Price, News & Analysis

$7.44
-0.19 (-2.49%)
(As of 04/24/2024 ET)
Today's Range
$7.37
$7.61
50-Day Range
$7.38
$9.55
52-Week Range
$5.26
$9.78
Volume
231,038 shs
Average Volume
360,133 shs
Market Capitalization
$496.55 million
P/E Ratio
35.43
Dividend Yield
N/A
Price Target
N/A

Great Lakes Dredge & Dock MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
2.09% of Float Sold Short
Dividend Strength
N/A
Sustainability
-5.07
Upright™ Environmental Score
News Sentiment
0.91mentions of Great Lakes Dredge & Dock in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
19.30%
From $0.57 to $0.68 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.29 out of 5 stars

Construction Sector

52nd out of 99 stocks

Heavy Construction, Except Building Construction - Contractors Industry

3rd out of 9 stocks

GLDD stock logo

About Great Lakes Dredge & Dock Stock (NASDAQ: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 dredging, which consists of the re-dredging of previously deepened waterways and harbors to remove silt, sand, and other accumulated sediments; lake and river dredging, inland levee and construction dredging, environmental restoration and habitat improvement, and other marine construction projects; and land reclamations, channel deepening, and port infrastructure development. The company serves federal, state, and local governments; foreign governments; and domestic and foreign private concerns, such as utilities, oil and gas, and other energy companies. It operates hydraulic dredges, hopper dredges, mechanical dredges, unloaders, drill boats, and material and other barges equipment. The company was formerly known as Lydon & Drews Partnership and changed its name to Great Lakes Dredge & Dock Corporation in 1905. Great Lakes Dredge & Dock Corporation was founded in 1890 and is headquartered in Houston, Texas.

GLDD Stock Price History

GLDD Stock News Headlines

Pentagon contract could send this $2 AI stock soaring
Whenever the Department of Defense awards a major AI contract... Early investors could see dramatic returns virtually overnight. That's how my readers were able to cash in gains like 133% in just four months on C3.ai...
Great Lakes Dredge & Dock Corp
Great Lakes Dredge & Dock Corporation (GLDD)
Pentagon contract could send this $2 AI stock soaring
Whenever the Department of Defense awards a major AI contract... Early investors could see dramatic returns virtually overnight. That's how my readers were able to cash in gains like 133% in just four months on C3.ai...
MTZ Oct 2024 80.000 put
Great Lakes Dredge & Dock Corp.
Q4 2023 Great Lakes Dredge & Dock Corp Earnings Call
See More Headlines
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Company Calendar

Last Earnings
2/14/2024
Today
4/24/2024
Next Earnings (Estimated)
5/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Heavy construction, except building construction - contractors
Sub-Industry
Construction & Engineering
Current Symbol
NASDAQ:GLDD
CUSIP
39060710
Employees
367
Year Founded
1890

Profitability

Net Income
$13.91 million
Pretax Margin
3.11%

Debt

Sales & Book Value

Annual Sales
$589.62 million
Cash Flow
$0.82 per share
Book Value
$5.79 per share

Miscellaneous

Free Float
65,335,000
Market Cap
$509.23 million
Optionable
Optionable
Beta
0.96

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GLDD Stock Analysis - Frequently Asked Questions

How have GLDD shares performed in 2024?

Great Lakes Dredge & Dock's stock was trading at $7.68 on January 1st, 2024. Since then, GLDD shares have decreased by 3.1% and is now trading at $7.44.
View the best growth stocks for 2024 here
.

Are investors shorting Great Lakes Dredge & Dock?

Great Lakes Dredge & Dock saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 1,340,000 shares, a drop of 15.2% from the March 15th total of 1,580,000 shares. Based on an average daily volume of 372,400 shares, the short-interest ratio is presently 3.6 days. Currently, 2.1% of the shares of the company are short sold.
View Great Lakes Dredge & Dock's Short Interest
.

When is Great Lakes Dredge & Dock's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our GLDD earnings forecast
.

How were Great Lakes Dredge & Dock's earnings last quarter?

Great Lakes Dredge & Dock Co. (NASDAQ:GLDD) posted its quarterly earnings data on Wednesday, February, 14th. The construction company reported $0.25 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.09 by $0.16. The construction company earned $181.73 million during the quarter, compared to analysts' expectations of $190.05 million. Great Lakes Dredge & Dock had a trailing twelve-month return on equity of 2.56% and a net margin of 2.36%.

What ETFs hold Great Lakes Dredge & Dock's stock?

ETFs with the largest weight of Great Lakes Dredge & Dock (NASDAQ:GLDD) stock in their portfolio include Procure Disaster Recovery Strategy ETF (FIXT) and Procure Disaster Recovery Strategy ETF (FEMA).KraneShares Rockefeller Ocean Engagement ETF (KSEA).

What is Lasse Petterson's approval rating as Great Lakes Dredge & Dock's CEO?

8 employees have rated Great Lakes Dredge & Dock Chief Executive Officer Lasse Petterson on Glassdoor.com. Lasse Petterson has an approval rating of 32% among the company's employees. This puts Lasse Petterson in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Great Lakes Dredge & Dock own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Great Lakes Dredge & Dock investors own include Advanced Micro Devices (AMD), General Electric (GE), AT&T (T), AbbVie (ABBV), Cisco Systems (CSCO), Ford Motor (F), Energy Transfer (ET), Intel (INTC), QUALCOMM (QCOM) and Bristol-Myers Squibb (BMY).

How do I buy shares of Great Lakes Dredge & Dock?

Shares of GLDD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Great Lakes Dredge & Dock have any subsidiaries?
The following companies are subsidiares of Great Lakes Dredge & Dock: Drews Services LLC, Great Lakes Dredge & Dock (Bahamas) Ltd., Great Lakes Dredge & Dock Company LLC, Great Lakes Dredge & Dock do Brasil Ltda., Great Lakes Environmental & Infrastructure Solutions LLC, Great Lakes U.S. Fleet Management LLC, NASDI Holdings LLC, Terra Contracting Services LLC, and Terra Fluid Management LLC.
Read More
This page (NASDAQ:GLDD) was last updated on 4/24/2024 by MarketBeat.com Staff

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