NASDAQ:GLDD Great Lakes Dredge & Dock (GLDD) Stock Price, News & Analysis $9.46 -0.49 (-4.92%) (As of 09/3/2024 ET) Add Compare Share Share Today's Range$9.12▼$9.8250-Day Range$8.10▼$10.1352-Week Range$6.11▼$10.55Volume845,711 shsAverage Volume428,532 shsMarket Capitalization$633.91 millionP/E Ratio16.60Dividend YieldN/APrice TargetN/A Stock AnalysisStock AnalysisChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Great Lakes Dredge & Dock alerts: Email Address Great Lakes Dredge & Dock MarketRank™ Stock AnalysisAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy1.48% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-5.04Upright™ Environmental ScoreNews Sentiment0.79Based on 5 Articles This WeekInsider TradingSelling Shares$1.17 M Sold Last QuarterProj. Earnings Growth6.25%From $0.80 to $0.85 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.32 out of 5 starsConstruction Sector17th out of 99 stocksHeavy Construction, Except Building Construction - Contractors Industry1st out of 10 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Great Lakes Dredge & Dock.Read more about Great Lakes Dredge & Dock's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.48% 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 2.3, 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 29.08%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength 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 14.74%. 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 9.88% 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. Previous Next 3.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreGreat Lakes Dredge & Dock has received a 33.04% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is driven by its "Excavating and earthmoving works for construction of ports" and "Excavating and earthmoving works for renovation of ports" products. See details.Environmental SustainabilityThe Environmental Impact score for Great Lakes Dredge & Dock is -5.04. Previous Next 2.7 News and Social Media Coverage News SentimentGreat Lakes Dredge & Dock has a news sentiment score of 0.79. 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 news sentiment score is similar to the average news sentiment of Construction companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Great Lakes Dredge & Dock this week, compared to 2 articles on an average week.Search Interest6 people have searched for GLDD on MarketBeat in the last 30 days. MarketBeat FollowsOnly 2 people have added Great Lakes Dredge & Dock to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days. Previous Next 2.5 Company Ownership 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 $1,174,747.00 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. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Great Lakes Dredge & Dock are expected to grow by 6.25% in the coming year, from $0.80 to $0.85 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Great Lakes Dredge & Dock is 16.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.43.Price to Earnings Ratio vs. SectorThe P/E ratio of Great Lakes Dredge & Dock is 16.60, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 22.21.Price to Earnings Growth RatioGreat Lakes Dredge & Dock has a PEG Ratio of 0.36. 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 1.52. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Great Lakes Dredge & Dock's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyMy harrowing warning about Nvidia Today, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S. housing… it's in artificial intelligence. And unless you know what’s really going on in this sector, you could be wiped out. You see, while there is no doubt that the recent advancements in artificial intelligence are game-changing and will drive colossal innovation in every sector of the economy... There's also no escaping that The Big AI Die-Up is coming.So go here now to read my new report The Big AI Die-Up… while you still can. About Great Lakes Dredge & Dock Stock (NASDAQ:GLDD)Great 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 GLDD Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart GLDD Stock News HeadlinesAugust 29, 2024 | insidertrades.comGreat Lakes Dredge & Dock Co. (NASDAQ:GLDD) CEO Sells $265,271.16 in StockAugust 22, 2024 | insidertrades.comGreat Lakes Dredge & Dock Co. (NASDAQ:GLDD) CEO Sells $487,165.26 in StockSeptember 3, 2024 | Porter & Company (Ad)My harrowing warning about Nvidia Today, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S. housing… it's in artificial intelligence. And unless you know what’s really going on in this sector, you could be wiped out. You see, while there is no doubt that the recent advancements in artificial intelligence are game-changing and will drive colossal innovation in every sector of the economy... There's also no escaping that The Big AI Die-Up is coming.August 29, 2024 | globenewswire.comGreat Lakes Receives S&P Global Ratings Upgrade to B-August 28, 2024 | americanbankingnews.comLasse Petterson Sells 46,510 Shares of Great Lakes Dredge & Dock Co. (NASDAQ:GLDD) StockAugust 27, 2024 | finance.yahoo.comZacks Industry Outlook EMCOR, MasTec, Granite Construction, Primoris Services and Great Lakes Dredge & DockAugust 27, 2024 | finance.yahoo.comInsider Sale: CEO Lasse Petterson Sells 75,219 Shares of Great Lakes Dredge & Dock Corp (GLDD)August 26, 2024 | globenewswire.comGreat Lakes Announces Receipt of $256.2 Million in Awarded WorkSeptember 3, 2024 | Porter & Company (Ad)My harrowing warning about Nvidia Today, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S. housing… it's in artificial intelligence. And unless you know what’s really going on in this sector, you could be wiped out. You see, while there is no doubt that the recent advancements in artificial intelligence are game-changing and will drive colossal innovation in every sector of the economy... There's also no escaping that The Big AI Die-Up is coming.August 24, 2024 | finance.yahoo.comGreat Lakes Dredge & Dock Corporation's (NASDAQ:GLDD) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?August 20, 2024 | finance.yahoo.comInsider Sale: CEO & President Lasse Petterson Sells Shares of Great Lakes Dredge & Dock ...August 9, 2024 | finance.yahoo.comDoes This Valuation Of Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) Imply Investors Are Overpaying?August 7, 2024 | finanznachrichten.deGreat Lakes Dredge & Dock Corporation: Great Lakes Reports Second Quarter 2024 ResultsAugust 7, 2024 | uk.finance.yahoo.comGreat Lakes Dredge & Dock's (NASDAQ:GLDD) Q2: Strong SalesAugust 6, 2024 | globenewswire.comGreat Lakes Reports Second Quarter 2024 ResultsJuly 31, 2024 | finance.yahoo.comGreat Lakes Dredge & Dock Corporation Schedules Announcement of 2024 Second Quarter ResultsJuly 25, 2024 | finance.yahoo.comGreat Lakes Dredge & Dock (NASDAQ:GLDD) Will Want To Turn Around Its Return TrendsJuly 19, 2024 | msn.comGreat Lakes Dredge & Dock (GLDD) Dips More Than Broader Market: What You Should KnowSee More Headlines 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 Company Calendar Last Earnings8/06/2024Today9/03/2024Next Earnings (Estimated)11/05/2024Fiscal 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) 359-1010Fax630-574-2909Employees430Year Founded1890Profitability EPS (Most Recent Fiscal Year)$0.57 Trailing P/E Ratio16.56 Forward P/E Ratio11.80 P/E Growth0.36Net Income$13.91 million Net Margins6.61% Pretax Margin8.74% Return on Equity10.05% Return on Assets3.65% Debt Debt-to-Equity Ratio0.98 Current Ratio1.32 Quick Ratio1.13 Sales & Book Value Annual Sales$667.66 million Price / Sales0.95 Cash Flow$0.75 per share Price / Cash Flow12.51 Book Value$6.22 per share Price / Book1.52Miscellaneous Outstanding Shares67,009,000Free Float65,535,000Market Cap$632.56 million OptionableOptionable Beta1.14 Social Links 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Lasse J. Petterson (Age 68)CEO, President & Director Comp: $1.65MMr. Scott Lee Kornblau (Age 53)Senior VP, Treasurer & CFO Comp: $792.83kMr. David J. Johanson (Age 52)Senior Vice President of Project Acquisition & Operations Comp: $584.99kMs. Vivienne R. Schiffer (Age 64)Senior VP, Chief Legal Officer, Chief Compliance Officer & Corporate Secretary Comp: $615.86kMs. Eleni Beyko Ph.D. (Age 58)Senior Vice President of Offshore Wind Comp: $602.84kMr. Christopher G. Gunsten P.E. (Age 54)Senior Vice President of Project Services & Fleet Engineering Comp: $584.99kMr. Ryan M. Bayer (Age 41)VP & Chief Accounting Officer Mr. Trond EllefsenVP and CTO of Technology & InnovationTina A. BaginskisDirector of Investor RelationsMr. Steven W. Becker (Age 62)Senior Vice President of Fleet Engineering More ExecutivesKey CompetitorsMYR GroupNASDAQ:MYRGAmerescoNYSE:AMRCTutor PeriniNYSE:TPCArganNYSE:AGXNorthwest PipeNASDAQ:NWPXView All CompetitorsInsiders & InstitutionsLasse PettersonSold 28,709 sharesTotal: $265,271.16 ($9.24/share)Lasse PettersonSold 46,510 sharesTotal: $422,310.80 ($9.08/share)Lasse PettersonSold 53,771 sharesTotal: $487,165.26 ($9.06/share)Price Jennifer C.Sold 50,000 shares on 8/16/2024Ownership: 0.672%Algert Global LLCBought 249,653 shares on 8/16/2024Ownership: 0.373%View All Insider TransactionsView All Institutional Transactions GLDD Stock Analysis - Frequently Asked Questions How have GLDD shares performed this year? Great Lakes Dredge & Dock's stock was trading at $7.68 on January 1st, 2024. Since then, GLDD stock has increased by 23.2% and is now trading at $9.46. 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, August, 6th. The construction company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.08. The construction company earned $170.09 million during the quarter, compared to analyst estimates of $165 million. Great Lakes Dredge & Dock had a trailing twelve-month return on equity of 10.05% and a net margin of 6.61%. What is Lasse Petterson's approval rating as Great Lakes Dredge & Dock's CEO? 8 employees have rated Great Lakes Dredge & Dock Chief Executive Officer Lasse Petterson on Glassdoor.com. Lasse Petterson has an approval rating of 32% among the company's employees. This puts Lasse Petterson in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. Does Great Lakes Dredge & Dock have any subsidiaries? The following companies are subsidiaries of Great Lakes Dredge & Dock: 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 Dimensional Fund Advisors LP (6.62%), TCW Group Inc. (2.98%), Private Management Group Inc. (1.87%) and Price Jennifer C. (0.67%). Insiders that own company stock include Lasse Petterson, Ryan Levenson, David E Simonelli, Earl L Shipp, William H Hanson and Lawrence R Dickerson. 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 Advanced Micro Devices (AMD), General Electric (GE), AT&T (T), AbbVie (ABBV), Cisco Systems (CSCO), Ford Motor (F) and Energy Transfer (ET). This page (NASDAQ:GLDD) was last updated on 9/3/2024 by MarketBeat.com Staff From Our PartnersPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. Reg A inv...Mode Mobile | SponsoredThese 2 simple sentences turn every Friday into payday?Most people have never heard of Jim Fink. 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