Research Analysts Offer Predictions for GLDD Q1 Earnings

Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) – Noble Financial issued their Q1 2026 EPS estimates for Great Lakes Dredge & Dock in a research note issued to investors on Thursday, January 29th. Noble Financial analyst J. Gomes forecasts that the construction company will post earnings per share of $0.35 for the quarter. Noble Financial currently has a “Outperform” rating on the stock. The consensus estimate for Great Lakes Dredge & Dock’s current full-year earnings is $0.69 per share. Noble Financial also issued estimates for Great Lakes Dredge & Dock’s Q2 2026 earnings at $0.19 EPS, Q3 2026 earnings at $0.24 EPS and Q4 2026 earnings at $0.30 EPS.

Other equities analysts have also recently issued reports about the company. Zacks Research cut Great Lakes Dredge & Dock from a “strong-buy” rating to a “hold” rating in a report on Monday, January 5th. JPMorgan Chase & Co. began coverage on shares of Great Lakes Dredge & Dock in a research note on Thursday, January 22nd. They issued an “overweight” rating and a $20.00 price objective for the company. Weiss Ratings upgraded shares of Great Lakes Dredge & Dock from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, January 21st. Wall Street Zen downgraded shares of Great Lakes Dredge & Dock from a “buy” rating to a “hold” rating in a research note on Saturday, January 24th. Finally, CJS Securities upgraded Great Lakes Dredge & Dock to a “strong-buy” rating in a research note on Thursday, December 11th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $20.00.

Great Lakes Dredge & Dock Trading Down 1.9%

GLDD opened at $14.98 on Friday. Great Lakes Dredge & Dock has a 52 week low of $7.51 and a 52 week high of $16.72. The company has a quick ratio of 1.06, a current ratio of 1.20 and a debt-to-equity ratio of 0.83. The business has a fifty day simple moving average of $13.71 and a 200-day simple moving average of $12.36. The firm has a market cap of $1.02 billion, a P/E ratio of 12.70, a P/E/G ratio of 1.11 and a beta of 1.40.

Great Lakes Dredge & Dock (NASDAQ:GLDD) last issued its quarterly earnings data on Tuesday, November 4th. The construction company reported $0.26 EPS for the quarter, topping the consensus estimate of $0.17 by $0.09. The firm had revenue of $195.21 million for the quarter, compared to analyst estimates of $201.30 million. Great Lakes Dredge & Dock had a net margin of 9.65% and a return on equity of 16.84%.

Insider Activity at Great Lakes Dredge & Dock

In other news, SVP David Johanson sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $13.02, for a total transaction of $130,200.00. Following the sale, the senior vice president owned 94,063 shares of the company’s stock, valued at approximately $1,224,700.26. This trade represents a 9.61% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 2.20% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Financial Management Professionals Inc. purchased a new stake in shares of Great Lakes Dredge & Dock in the fourth quarter valued at about $25,000. MAI Capital Management increased its position in Great Lakes Dredge & Dock by 79.2% in the 3rd quarter. MAI Capital Management now owns 2,161 shares of the construction company’s stock valued at $26,000 after acquiring an additional 955 shares during the period. Farther Finance Advisors LLC raised its stake in Great Lakes Dredge & Dock by 231.4% during the 4th quarter. Farther Finance Advisors LLC now owns 2,111 shares of the construction company’s stock valued at $28,000 after acquiring an additional 1,474 shares during the last quarter. Strs Ohio acquired a new stake in Great Lakes Dredge & Dock during the 1st quarter worth approximately $45,000. Finally, State of Alaska Department of Revenue acquired a new stake in Great Lakes Dredge & Dock during the 3rd quarter worth approximately $46,000. Hedge funds and other institutional investors own 89.11% of the company’s stock.

About Great Lakes Dredge & Dock

Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) is a leading provider of dredging and maritime construction services in the United States. The company specializes in the excavation and removal of sediment from waterways, harbors, ports and coastal areas to maintain navigability and support commercial shipping. Its operations encompass both maintenance dredging—removing accumulated material to restore channel depth—and new work projects such as land reclamation and harbor deepening.

In addition to traditional dredging, Great Lakes Dredge & Dock offers a range of complementary marine construction services.