GLDD icon

Great Lakes Dredge & Dock

11.72 USD
+0.17
1.47%
At close Dec 20, 4:00 PM EST
After hours
11.72
+0.00
0.00%
1 day
1.47%
5 days
-2.17%
1 month
-4.09%
3 months
12.15%
6 months
32.58%
Year to date
53.81%
1 year
59.24%
5 years
2.00%
10 years
43.45%
 

About: Great Lakes Dredge & Dock Corp is a provider of dredging services in the United States. Dredging involves the enhancement or preservation of the navigability of waterways or the protection of shorelines through the removal or replenishment of soil, sand, or rock. Its project portfolio includes Coastal Restoration, Coastal Protection, Ports and Harbors, International, and Inland Dredging.

Employees: 960

0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

981% more call options, than puts

Call options by funds: $2.49M | Put options by funds: $230K

38% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 24

33% more funds holding in top 10

Funds holding in top 10: 3 [Q2] → 4 (+1) [Q3]

19% more capital invested

Capital invested by funds: $478M [Q2] → $570M (+$91.4M) [Q3]

17% more repeat investments, than reductions

Existing positions increased: 63 | Existing positions reduced: 54

5% more funds holding

Funds holding: 168 [Q2] → 177 (+9) [Q3]

0.58% less ownership

Funds ownership: 81.36% [Q2] → 80.78% (-0.58%) [Q3]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$14
19%
upside
Avg. target
$14
19%
upside
High target
$14
19%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
Noble Capital Markets
Poe Fratt
13% 1-year accuracy
1 / 8 met price target
19%upside
$14
Outperform
Maintained
23 Sept 2024

Financial journalist opinion

Based on 4 articles about GLDD published over the past 30 days

Positive
Zacks Investment Research
1 day ago
Great Lakes Secures Four New Dredging Awards Worth $182 Million
The new dredging awards, backed by increased budget and spending diversity, are likely to boost GLDD's backlog and foster growth.
Great Lakes Secures Four New Dredging Awards Worth $182 Million
Neutral
GlobeNewsWire
2 days ago
Great Lakes Announces Receipt of $182 Million in Awarded Work
HOUSTON, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation ("Great Lakes" or the “Company”) (NASDAQ: GLDD), the largest provider of dredging services in the United States, announced today the receipt of several dredging awards totaling $182 million.
Great Lakes Announces Receipt of $182 Million in Awarded Work
Positive
Seeking Alpha
2 weeks ago
Great Lakes Dredge & Dock Is A Steal With Crystal Clear Visibility And Massive Growth Ahead
Great Lakes Dredge & Dock boasts a $1.2 billion backlog and strong revenue visibility, ensuring stable, long-term growth. The company is positioned to capitalize on key tailwinds, including increased LNG export demand and bipartisan federal funding. GLDD stock appears significantly undervalued, with strong growth metrics and a compelling valuation relative to its peers in the construction and engineering industry.
Great Lakes Dredge & Dock Is A Steal With Crystal Clear Visibility And Massive Growth Ahead
Neutral
GlobeNewsWire
3 weeks ago
Great Lakes Dredge & Dock to Present at NobleCon20 - Noble Capital Markets' Twentieth Annual Emerging Growth Equity Conference on Tuesday, December 3, 2024
HOUSTON, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation ("Great Lakes" or the “Company”) (NASDAQ: GLDD), the largest provider of dredging services in the United States, announced today that its President and Chief Executive Officer, Lasse Petterson, and Senior Vice President and Chief Financial Officer, Scott Kornblau, will present at NobleCon20 - Noble Capital Markets' Twentieth Annual Emerging Growth Equity Conference at Florida Atlantic University, Executive Education Complex, in Boca Raton, Florida on Tuesday, December 3, 2024, at 10:30 AM Eastern Standard Time.
Great Lakes Dredge & Dock to Present at NobleCon20 - Noble Capital Markets' Twentieth Annual Emerging Growth Equity Conference on Tuesday, December 3, 2024
Neutral
GlobeNewsWire
1 month ago
Great Lakes Dredge & Dock's Cape Hatteras and Cape Canaveral Multi Cat Vessels Win Prestigious WorkBoat's Significant Boat of the Year Award
HOUSTON, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation ("Great Lakes" or the “Company”) (NASDAQ: GLDD), the largest provider of dredging services in the United States, announced that its newly launched Multi Cat dredge support vessels, Cape Hatteras and Cape Canaveral, have been awarded the prestigious 2024 Significant Boat of the Year title at the International WorkBoat Show. This award underscores the Company's commitment to safety, innovation, and operational excellence in the dredging and maritime sectors.
Great Lakes Dredge & Dock's Cape Hatteras and Cape Canaveral Multi Cat Vessels Win Prestigious WorkBoat's Significant Boat of the Year Award
Positive
Zacks Investment Research
1 month ago
Heavy Construction Industry Gains Momentum: 5 Stocks to Watch
Growth across the telecommunications, transmission, renewable energy and power generation businesses is set to benefit EME, MTZ, GVA, PRIM and GLDD from the Zacks Building Products - Heavy Construction industry.
Heavy Construction Industry Gains Momentum: 5 Stocks to Watch
Neutral
Seeking Alpha
1 month ago
Great Lakes Dredge & Dock Corporation (GLDD) Q3 2024 Earnings Call Transcript
Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD ) Q3 2024 Earnings Call November 5, 2024 10:00 AM ET Company Participants Tina Baginskis - Director, Investor Relations Lasse Petterson - President and Chief Executive Officer Scott Kornblau - Chief Financial Officer Conference Call Participants Joe Gomes - NOBLE Capital Julio Romero - Sidoti & Company Adam Thalhimer - Thompson Davis Jon Tanwanteng - CJS Operator Good day and thank you for standing by. Welcome to the Q3 2024 Great Lakes Dredge & Dock Corporation Conference Call.
Great Lakes Dredge & Dock Corporation (GLDD) Q3 2024 Earnings Call Transcript
Negative
Zacks Investment Research
1 month ago
Great Lakes Dredge & Dock (GLDD) Misses Q3 Earnings Estimates
Great Lakes Dredge & Dock (GLDD) came out with quarterly earnings of $0.13 per share, missing the Zacks Consensus Estimate of $0.18 per share. This compares to loss of $0.09 per share a year ago.
Great Lakes Dredge & Dock (GLDD) Misses Q3 Earnings Estimates
Positive
Zacks Investment Research
1 month ago
Great Lakes to Report Q3 Earnings: Here's What You Should Know
GLDD's third-quarter 2024 results are likely to reflect solid performance across all its dredging work types.
Great Lakes to Report Q3 Earnings: Here's What You Should Know
Neutral
GlobeNewsWire
1 month ago
Great Lakes Dredge & Dock Corporation Schedules Announcement of 2024 Third Quarter Results
HOUSTON, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) today announced that it will release the financial results for its three and nine months ended September 30, 2024 on Tuesday, November 5, 2024 at 7:00 a.m. C.S.T. A conference call with the Company will be held the same day at 9:00 a.m. C.S.T.
Great Lakes Dredge & Dock Corporation Schedules Announcement of 2024 Third Quarter Results
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