Top MarketRank™ StocksTop MarketRank™NASDAQ:GLDD Great Lakes Dredge & Dock (GLDD) Stock Price, News & Analysis $11.55 -0.17 (-1.45%) (As of 05:26 PM ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends About Great Lakes Dredge & Dock Stock (NASDAQ:GLDD) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get GLDD alerts:Sign Up Key Stats Today's Range$11.42▼$11.7050-Day Range$11.43▼$12.7352-Week Range$6.55▼$12.89Volume406,546 shsAverage Volume430,648 shsMarket Capitalization$776.99 millionP/E Ratio13.28Dividend YieldN/APrice Target$14.00Consensus RatingBuy Company OverviewGreat 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.Read More… Great Lakes Dredge & Dock Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks99th Percentile Overall ScoreGLDD MarketRank™: Great Lakes Dredge & Dock scored higher than 99% of companies evaluated by MarketBeat, and ranked 3rd out of 100 stocks in the construction sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.5 / 5Analyst RatingBuy Consensus RatingGreat Lakes Dredge & Dock has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoverageGreat Lakes Dredge & Dock has received no research coverage in the past 90 days.Read more about Great Lakes Dredge & Dock's stock forecast and price target. Earnings and Valuation4.4 / 5Proj. Earnings Growth15.79% Earnings GrowthEarnings for Great Lakes Dredge & Dock are expected to grow by 15.79% in the coming year, from $0.76 to $0.88 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Great Lakes Dredge & Dock is 13.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.36.Price to Earnings Ratio vs. SectorThe P/E ratio of Great Lakes Dredge & Dock is 13.28, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 27.69.Price to Earnings Growth RatioGreat Lakes Dredge & Dock has a PEG Ratio of 0.48. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioGreat Lakes Dredge & Dock has a P/B Ratio of 1.99. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Short Interest5.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted1.16% of the float of Great Lakes Dredge & Dock has been sold short.Short Interest Ratio / Days to CoverGreat Lakes Dredge & Dock has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Great Lakes Dredge & Dock has recently decreased by 10.09%, indicating that investor sentiment is improving significantly. Dividend1.7 / 5Dividend StrengthWeak Dividend YieldGreat Lakes Dredge & Dock does not currently pay a dividend.Dividend GrowthGreat Lakes Dredge & Dock does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Great Lakes Dredge & Dock is 9.66%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Great Lakes Dredge & Dock will have a dividend payout ratio of 9.55% next year. This indicates that Great Lakes Dredge & Dock will be able to sustain or increase its dividend.Read more about Great Lakes Dredge & Dock's dividend. Sustainability and ESG3.3 / 5Environmental Score-5.44 Percentage of Shares Shorted1.16% of the float of Great Lakes Dredge & Dock has been sold short.Short Interest Ratio / Days to CoverGreat Lakes Dredge & Dock has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Great Lakes Dredge & Dock has recently decreased by 10.09%, indicating that investor sentiment is improving significantly. News and Social Media3.4 / 5News Sentiment1.05 News SentimentGreat Lakes Dredge & Dock has a news sentiment score of 1.05. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.79 average news sentiment score of Construction companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Great Lakes Dredge & Dock this week, compared to 3 articles on an average week.Search InterestOnly 1 people have searched for GLDD on MarketBeat in the last 30 days. This is a decrease of -91% compared to the previous 30 days.MarketBeat Follows4 people have added Great Lakes Dredge & Dock to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days. Company Ownership2.5 / 5Insider TradingSelling Shares Insider Buying vs. Insider SellingIn the past three months, Great Lakes Dredge & Dock insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $293,496.00 in company stock.Percentage Held by InsidersOnly 2.20% of the stock of Great Lakes Dredge & Dock is held by insiders.Percentage Held by Institutions89.11% of the stock of Great Lakes Dredge & Dock is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Great Lakes Dredge & Dock's insider trading history. Receive GLDD Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Great Lakes Dredge & Dock and its competitors with MarketBeat's FREE daily newsletter. Email Address GLDD Stock News HeadlinesGreat Lakes Dredge announces receipt of $182M in awarded workDecember 20 at 6:58 PM | markets.businessinsider.comGreat Lakes Dredge & Dock (GLDD) Gains As Market Dips: What You Should KnowDecember 20 at 8:56 AM | msn.comWe recommended Palantir in 2021, now we’re recommending this...My research indicates there is only one investment that can meet AI's unprecedented demand for energy.December 23, 2024 | Behind the Markets (Ad)Great Lakes Announces Receipt of $182 Million in Awarded WorkDecember 19, 2024 | globenewswire.comGreat Lakes Dredge & Dock Is A Steal With Crystal Clear Visibility And Massive Growth AheadDecember 3, 2024 | seekingalpha.comGreat Lakes Dredge & Dock to Present at NobleCon20 - Noble Capital Markets' Twentieth Annual Emerging Growth Equity Conference on Tuesday, December 3, 2024November 26, 2024 | globenewswire.comGreat Lakes Dredge & Dock’s Cape Hatteras and Cape Canaveral Multi Cat Vessels Win Prestigious WorkBoat’s Significant Boat of the Year AwardNovember 18, 2024 | finance.yahoo.comGreat Lakes Dredge & Dock's Cape Hatteras and Cape Canaveral Multi Cat Vessels Win Prestigious WorkBoat's Significant Boat of the Year AwardNovember 18, 2024 | globenewswire.comSee More Headlines GLDD Stock Analysis - Frequently Asked Questions How have GLDD shares performed this year? Great Lakes Dredge & Dock's stock was trading at $7.68 at the beginning of 2024. Since then, GLDD shares have increased by 50.4% and is now trading at $11.55. View the best growth stocks for 2024 here. How were Great Lakes Dredge & Dock's earnings last quarter? Great Lakes Dredge & Dock Co. (NASDAQ:GLDD) issued its quarterly earnings results on Tuesday, November, 5th. The construction company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.18 by $0.05. The construction company had revenue of $191.17 million for the quarter, compared to analysts' expectations of $180.80 million. Great Lakes Dredge & Dock had a trailing twelve-month return on equity of 13.35% and a net margin of 7.97%. Does Great Lakes Dredge & Dock have any subsidiaries? Great Lakes Dredge & Dock subsidiaries include these companies: 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. Who are Great Lakes Dredge & Dock's major shareholders? Great Lakes Dredge & Dock's top institutional investors include Jennison Associates LLC (6.44%), Harvey Partners LLC (5.42%), TCW Group Inc. (3.12%) and Geode Capital Management LLC (2.32%). Insiders that own company stock include Lasse Petterson, Ryan Levenson, David E Simonelli, Earl L Shipp and William H Hanson. View institutional ownership trends. 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. What other stocks do shareholders of Great Lakes Dredge & Dock own? Based on aggregate information from My MarketBeat watchlists, some other companies that Great Lakes Dredge & Dock investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Tesla (TSLA), Broadcom (AVGO), Netflix (NFLX) and Palo Alto Networks (PANW). Company Calendar Last Earnings11/05/2024Today12/23/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorConstruction Industry Heavy construction, except building construction - contractors Sub-IndustryConstruction & Engineering Current SymbolNASDAQ:GLDD CUSIP39060710 CIK1372020 Webwww.gldd.com Phone(346) 359-1010Fax630-574-2909Employees367Year Founded1890Price Target and Rating Average Stock Price Target$14.00 High Stock Price Target$14.00 Low Stock Price Target$14.00 Potential Upside/Downside+19.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$0.87 Trailing P/E Ratio13.47 Forward P/E Ratio15.42 P/E Growth0.48Net Income$13.91 million Net Margins7.97% Pretax Margin10.56% Return on Equity13.35% Return on Assets4.88% Debt Debt-to-Equity Ratio0.97 Current Ratio1.21 Quick Ratio1.01 Sales & Book Value Annual Sales$741.65 million Price / Sales1.06 Cash Flow$0.73 per share Price / Cash Flow16.01 Book Value$5.79 per share Price / Book2.02Miscellaneous Outstanding Shares67,272,000Free Float65,792,000Market Cap$788.43 million OptionableOptionable Beta1.15 Social Links 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report This page (NASDAQ:GLDD) was last updated on 12/23/2024 by MarketBeat.com Staff From Our PartnersAmazon coin set to soar 25X – starting December 16th?This tiny 3-cent crypto just partnered with one of the biggest companies in the world… Amazon. And one team...True Market Insiders | Sponsored$2 Trillion Disappears Because of Fed's Secretive New Move$2 trillion has disappeared from the US government's books. The reason why is a new, secretive move being c...Stansberry Research | SponsoredDid You See Trump’s Bombshell Exec. Order 001?Biden broke it... Now Trump is going to fix it. Starting with "Exec. Order 001."Banyan Hill Publishing | SponsoredThe #1 Crypto for AIWe’ve issued an urgent landmark trade alert for a new crypto wonder. So, I decided to give you this heads-u...Weiss Ratings | SponsoredElon Musk’s chilling warning for humanityThe 'invasion' I've discovered has nothing to do with the border crisis. 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