Research Analysts Issue Forecasts for GLDD Q1 Earnings

Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) – Research analysts at Sidoti cut their Q1 2026 earnings per share estimates for shares of Great Lakes Dredge & Dock in a research report issued to clients and investors on Wednesday, February 25th. Sidoti analyst J. Romero now expects that the construction company will post earnings of $0.25 per share for the quarter, down from their previous forecast of $0.28. The consensus estimate for Great Lakes Dredge & Dock’s current full-year earnings is $0.69 per share. Sidoti also issued estimates for Great Lakes Dredge & Dock’s Q3 2026 earnings at $0.33 EPS, Q4 2026 earnings at $0.33 EPS, FY2026 earnings at $1.12 EPS, Q1 2027 earnings at $0.25 EPS, Q3 2027 earnings at $0.37 EPS, Q4 2027 earnings at $0.40 EPS and FY2027 earnings at $1.27 EPS.

Great Lakes Dredge & Dock (NASDAQ:GLDD) last released its quarterly earnings data on Monday, February 23rd. The construction company reported $0.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.10. Great Lakes Dredge & Dock had a return on equity of 16.46% and a net margin of 8.27%.The firm had revenue of $256.45 million during the quarter, compared to analyst estimates of $216.30 million.

GLDD has been the subject of several other research reports. Weiss Ratings upgraded shares of Great Lakes Dredge & Dock from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, January 21st. Noble Financial cut shares of Great Lakes Dredge & Dock from an “outperform” rating to a “market perform” rating in a research note on Thursday, February 12th. CJS Securities raised shares of Great Lakes Dredge & Dock to a “strong-buy” rating in a report on Thursday, December 11th. Wall Street Zen cut shares of Great Lakes Dredge & Dock from a “buy” rating to a “hold” rating in a research report on Saturday, January 24th. Finally, Zacks Research lowered Great Lakes Dredge & Dock from a “hold” rating to a “strong sell” rating in a research report on Tuesday, February 3rd. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $20.00.

Great Lakes Dredge & Dock Stock Up 0.1%

NASDAQ GLDD opened at $16.91 on Thursday. The stock’s 50 day simple moving average is $14.94 and its 200 day simple moving average is $13.04. Great Lakes Dredge & Dock has a one year low of $7.51 and a one year high of $16.99. The firm has a market cap of $1.13 billion, a PE ratio of 15.80, a price-to-earnings-growth ratio of 1.25 and a beta of 1.42. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.01 and a quick ratio of 1.06.

Insiders Place Their Bets

In other news, SVP David Johanson sold 2,100 shares of Great Lakes Dredge & Dock stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $13.96, for a total transaction of $29,316.00. Following the transaction, the senior vice president directly owned 91,963 shares of the company’s stock, valued at $1,283,803.48. This trade represents a 2.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 2.20% of the company’s stock.

Institutional Trading of Great Lakes Dredge & Dock

Hedge funds have recently added to or reduced their stakes in the business. State of Tennessee Department of Treasury bought a new position in Great Lakes Dredge & Dock during the fourth quarter worth about $177,000. NewEdge Advisors LLC raised its position in shares of Great Lakes Dredge & Dock by 4,730.2% during the fourth quarter. NewEdge Advisors LLC now owns 20,287 shares of the construction company’s stock worth $266,000 after purchasing an additional 19,867 shares during the period. Empowered Funds LLC lifted its holdings in shares of Great Lakes Dredge & Dock by 26.9% during the 4th quarter. Empowered Funds LLC now owns 312,266 shares of the construction company’s stock valued at $4,097,000 after purchasing an additional 66,178 shares in the last quarter. XTX Topco Ltd grew its position in shares of Great Lakes Dredge & Dock by 51.0% in the 4th quarter. XTX Topco Ltd now owns 16,654 shares of the construction company’s stock valued at $218,000 after purchasing an additional 5,627 shares during the period. Finally, Zacks Investment Management increased its stake in Great Lakes Dredge & Dock by 30.0% during the 4th quarter. Zacks Investment Management now owns 152,586 shares of the construction company’s stock worth $2,002,000 after purchasing an additional 35,234 shares in the last quarter. Institutional investors and hedge funds own 89.11% of the company’s stock.

Key Great Lakes Dredge & Dock News

Here are the key news stories impacting Great Lakes Dredge & Dock this week:

• Positive Sentiment: Q4 earnings and revenue beat — GLDD reported $0.30 EPS vs. $0.20 consensus and revenue of $256.45M vs. $216.3M; the company showed an 8.27% net margin and 16.46% ROE, evidence of stronger-than-expected profitability. Press Release
• Positive Sentiment: Sidoti raised FY2026 and FY2027 forecasts — analyst J. Romero lifted FY2026 EPS to $1.12 (from $1.03) and FY2027 to $1.27 (from $1.20), implying stronger medium‑term earnings power that supports higher valuation. Sidoti Research (MarketBeat)
• Positive Sentiment: Multiple quarterly upgrades — Sidoti increased several quarter-level estimates (notably Q3 2026 to $0.33 and Q4 2026 to $0.33, and Q3/Q4 2027 to $0.37/$0.40), signaling better backlog or margin visibility for later 2026–2027. Sidoti Research (MarketBeat)
• Neutral Sentiment: Sidoti issued a full set of updated quarterly estimates — the note provides a more complete forward EPS cadence (Q1–Q4 2026 and Q1–Q4 2027) that investors can use to model revenue/margin timing, but the revisions are mixed. Sidoti Research (MarketBeat)
• Negative Sentiment: Near-term cuts to Q1 estimates — Sidoti trimmed Q1 2026 to $0.25 (from $0.28) and Q1 2027 to $0.25 (from $0.29), indicating potential seasonality or near-term project timing risks that could pressure upcoming quarter results. Sidoti Research (MarketBeat)

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.