Research Analysts Set Expectations for GLDD Q1 Earnings

Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) – Equities research analysts at Sidoti Csr boosted their Q1 2026 EPS estimates for Great Lakes Dredge & Dock in a report released on Wednesday, October 29th. Sidoti Csr analyst J. Romero now anticipates that the construction company will earn $0.24 per share for the quarter, up from their previous forecast of $0.23. The consensus estimate for Great Lakes Dredge & Dock’s current full-year earnings is $0.69 per share. Sidoti Csr also issued estimates for Great Lakes Dredge & Dock’s Q3 2026 earnings at $0.25 EPS, Q4 2026 earnings at $0.28 EPS and FY2026 earnings at $0.97 EPS.

Great Lakes Dredge & Dock (NASDAQ:GLDD) last announced its quarterly earnings results on Tuesday, August 5th. The construction company reported $0.14 EPS for the quarter, beating the consensus estimate of $0.08 by $0.06. The company had revenue of $193.76 million for the quarter, compared to analyst estimates of $177.70 million. Great Lakes Dredge & Dock had a net margin of 8.63% and a return on equity of 15.61%.

GLDD has been the topic of several other reports. Zacks Research lowered shares of Great Lakes Dredge & Dock from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 10th. Weiss Ratings reissued a “hold (c+)” rating on shares of Great Lakes Dredge & Dock in a report on Wednesday, October 8th. Two analysts have rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of “Hold”.

Great Lakes Dredge & Dock Stock Performance

Shares of Great Lakes Dredge & Dock stock opened at $11.35 on Friday. The firm has a market capitalization of $771.80 million, a P/E ratio of 10.81, a P/E/G ratio of 0.94 and a beta of 1.37. Great Lakes Dredge & Dock has a 52 week low of $7.51 and a 52 week high of $12.89. The company has a quick ratio of 1.02, a current ratio of 1.15 and a debt-to-equity ratio of 0.87. The firm’s 50 day moving average is $11.67 and its two-hundred day moving average is $11.25.

Institutional Investors Weigh In On Great Lakes Dredge & Dock

Several large investors have recently modified their holdings of GLDD. Castlekeep Investment Advisors LLC boosted its holdings in shares of Great Lakes Dredge & Dock by 1.5% in the first quarter. Castlekeep Investment Advisors LLC now owns 496,412 shares of the construction company’s stock valued at $4,319,000 after acquiring an additional 7,383 shares during the period. Victory Capital Management Inc. increased its stake in Great Lakes Dredge & Dock by 19.6% in the 1st quarter. Victory Capital Management Inc. now owns 116,000 shares of the construction company’s stock valued at $1,009,000 after buying an additional 19,000 shares during the period. Bailard Inc. purchased a new position in Great Lakes Dredge & Dock during the 1st quarter worth $267,000. Jennison Associates LLC raised its position in Great Lakes Dredge & Dock by 22.7% during the 1st quarter. Jennison Associates LLC now owns 5,310,894 shares of the construction company’s stock worth $46,205,000 after buying an additional 981,652 shares during the last quarter. Finally, Prescott Group Capital Management L.L.C. lifted its stake in shares of Great Lakes Dredge & Dock by 5.5% in the 1st quarter. Prescott Group Capital Management L.L.C. now owns 576,870 shares of the construction company’s stock worth $5,019,000 after acquiring an additional 30,000 shares during the period. 89.11% of the stock is owned by institutional investors and hedge funds.

About Great Lakes Dredge & Dock

Great Lakes Dredge & Dock Corp. engages in the provision of dredging services. Its projects include channel and port maintenance, channel deepening and port expansion, coastal protection and restoration, as well as land reclamation. The company was founded by William A. Lydon and Frederick C. Drews in 1890 and is headquartered in Houston, TX.