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Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
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Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
Algeria's government pushes staples to subsidized markets to stave off Ramadan shortages
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
Foot Locker Builds Up Another Head of Steam; Gains Imminent
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
Algeria's government pushes staples to subsidized markets to stave off Ramadan shortages
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
Foot Locker Builds Up Another Head of Steam; Gains Imminent
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
Algeria's government pushes staples to subsidized markets to stave off Ramadan shortages
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
Foot Locker Builds Up Another Head of Steam; Gains Imminent
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics
Algeria's government pushes staples to subsidized markets to stave off Ramadan shortages
NASDAQ:GIFI

Gulf Island Fabrication (GIFI) Stock Price, News & Analysis

$7.35
-0.10 (-1.34%)
(As of 03/28/2024 ET)
Today's Range
$7.23
$7.52
50-Day Range
$4.29
$7.72
52-Week Range
$2.95
$7.80
Volume
68,880 shs
Average Volume
165,033 shs
Market Capitalization
$119.07 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
GIFI stock logo

About Gulf Island Fabrication Stock (NASDAQ:GIFI)

Gulf Island Fabrication, Inc., together with its subsidiaries, operates as a fabricator of steel structures and modules in the United States. It operates through Services, Fabrication, and Shipyard divisions. The company provides maintenance, repair, construction, scaffolding, coatings, welding enclosures, and other specialty services on offshore platforms, inland structures, and industrial facilities; services required to connect production equipment and service modules, and equipment on offshore platforms; project management and commissioning services; hookup services; and civil construction and staffing services to the industrial and energy sectors, as well as undertakes municipal and drainage projects, including pump stations, levee reinforcement, bulkheads, and other public works. It also fabricates modules, skids, and piping systems for onshore refining, petrochemical, liquified natural gas (LNG), industrial, and offshore facilities; foundations, secondary steel components, and support structures for alternative energy developments and coastal mooring facilities; offshore production platforms and associated structures, including jacket foundations, piles, and topsides for fixed production and utility platforms, as well as hulls and topsides for floating production and utility platforms; and other complex steel structures and components. In addition, the company fabricates newbuild marine vessels and provides marine repair and maintenance services. The company serves international energy producers; refining, petrochemical, LNG, industrial, and power operators; and engineering, procurement, and construction companies. Gulf Island Fabrication, Inc. was incorporated in 1985 and is headquartered in The Woodlands, Texas.

GIFI Stock Price History

GIFI Stock News Headlines

Major Elon Musk Crypto Leak Revealed
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Q4 2023 Gulf Island Fabrication Inc Earnings Call
Gulf Island Fabrication, Inc.
Gulf Island Fabrication: Q4 Earnings Snapshot
Preview: Gulf Island Fabrication's Earnings
GIFI Mar 2024 2.500 call
Gulf Island Announces Sale of Excess Property
Gulf Island Fabrication Inc.
Gulf Island Fabrication
Gulf Island Announces Share Repurchase Program
Gulf Island Receives Multiple Subsea Fabrication Awards
Gulf Island Fabrication Inc GIFI
See More Headlines
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Company Calendar

Last Earnings
3/07/2024
Today
3/29/2024
Next Earnings (Estimated)
5/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Metal Fabrication
Sub-Industry
Oil & Gas Equipment & Services
Current Symbol
NASDAQ:GIFI
CUSIP
40230710
Employees
839
Year Founded
1985

Profitability

Net Income
$-24,400,000.00
Pretax Margin
-16.18%

Debt

Sales & Book Value

Annual Sales
$151.07 million
Book Value
$4.85 per share

Miscellaneous

Free Float
13,298,000
Market Cap
$119.07 million
Optionable
Optionable
Beta
0.40

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Key Executives

  • Mr. Richard W. HeoMr. Richard W. Heo (Age 53)
    President, CEO & Director
    Comp: $1.18M
  • Mr. Westley S. Stockton (Age 53)
    Executive VP, CFO, Treasurer, Secretary & Principal Accounting Officer
    Comp: $735.11k
  • Mr. James L. Morvant (Age 51)
    Senior Vice President of Operations
    Comp: $422.92k
  • Mr. Thomas M. Smouse (Age 63)
    VP & Chief Human Resource Officer
  • Mr. Matthew R. Oubre (Age 52)
    Senior Vice President of Commercial
  • Cindi Cook
    Executive Assistant to CEO

GIFI Stock Analysis - Frequently Asked Questions

Should I buy or sell Gulf Island Fabrication stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Gulf Island Fabrication in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" GIFI shares.
View GIFI analyst ratings
or view top-rated stocks.

How have GIFI shares performed in 2024?

Gulf Island Fabrication's stock was trading at $4.33 at the beginning of 2024. Since then, GIFI stock has increased by 69.7% and is now trading at $7.35.
View the best growth stocks for 2024 here
.

Are investors shorting Gulf Island Fabrication?

Gulf Island Fabrication saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 160,600 shares, an increase of 132.4% from the February 29th total of 69,100 shares. Based on an average trading volume of 64,300 shares, the short-interest ratio is currently 2.5 days. Approximately 1.1% of the company's shares are sold short.
View Gulf Island Fabrication's Short Interest
.

When is Gulf Island Fabrication's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our GIFI earnings forecast
.

How were Gulf Island Fabrication's earnings last quarter?

Gulf Island Fabrication, Inc. (NASDAQ:GIFI) issued its quarterly earnings data on Thursday, March, 7th. The oil and gas company reported $0.43 EPS for the quarter. The oil and gas company earned $44.55 million during the quarter. Gulf Island Fabrication had a negative net margin of 16.15% and a negative trailing twelve-month return on equity of 27.29%.

What is Richard W. Heo's approval rating as Gulf Island Fabrication's CEO?

2 employees have rated Gulf Island Fabrication Chief Executive Officer Richard W. Heo on Glassdoor.com. Richard W. Heo has an approval rating of 50% among the company's employees. This puts Richard W. Heo in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Gulf Island Fabrication own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Gulf Island Fabrication investors own include Advanced Micro Devices (AMD), FireEye (FEYE), Huntington Bancshares (HBAN), Marathon Oil (MRO), Transocean (RIG), AbbVie (ABBV), Abeona Therapeutics (ABEO), Applied Materials (AMAT), Carnival Co. & (CCL) and Permian Resources (CDEV).

Who are Gulf Island Fabrication's major shareholders?

Gulf Island Fabrication's stock is owned by many different retail and institutional investors. Top institutional investors include First Wilshire Securities Management Inc. (6.15%), Vanguard Group Inc. (3.55%), Dimensional Fund Advisors LP (3.17%), Glenorchy Capital Ltd (1.19%), Abel Hall LLC (0.64%) and Nierenberg Investment Management Company Inc. (0.54%). Insiders that own company stock include Murray W Burns, Richard W Heo and William E Chiles.
View institutional ownership trends
.

How do I buy shares of Gulf Island Fabrication?

Shares of GIFI 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.

This page (NASDAQ:GIFI) was last updated on 3/29/2024 by MarketBeat.com Staff

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