GLDD - Great Lakes Dredge & Dock Corp Stock Price, Fair Value and News

9.50USD-0.10 (-1.04%)Delayed

Market Summary

USD9.50-0.10

Delayed

-1.04%

GLDD Alerts

Big jump in Revenue (Y/Y)

Big jump in Earnings (Y/Y)

GLDD Stock Price

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GLDD RSI Chart

GLDD Valuation

Market Cap

636.6M

Price/Earnings (Trailing)

16.68

Price/Sales (Trailing)

1.01

EV/EBITDA

10.7

Price/Free Cashflow

-12.11

GLDD Price/Sales (Trailing)

GLDD Profitability

EBT Margin

7.99%

Return on Equity

9.33%

Return on Assets

3.48%

Free Cashflow Yield

-8.26%

GLDD Fundamentals

GLDD Revenue

Revenue (TTM)

630.2M

Rev. Growth (Yr)

25.7%

Rev. Growth (Qtr)

9.32%

GLDD Earnings

Earnings (TTM)

38.2M

Earnings Growth (Yr)

750.7%

Earnings Growth (Qtr)

-2.48%

Breaking Down GLDD Revenue

Last 7 days

4.7%

Last 30 days

27.7%

Last 90 days

2.8%

Trailing 12 Months

38.7%

How does GLDD drawdown profile look like?

GLDD Financial Health

Current Ratio

1.25

Debt/Equity

0.93

Debt/Cashflow

0.2

GLDD Investor Care

Dividend Yield

3.53%

Dividend/Share (TTM)

0.31

Shares Dilution (1Y)

0.89%

Diluted EPS (TTM)

0.57

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	630.2M	0	0	0
2023	612.5M	595.7M	554.6M	589.6M
2022	742.9M	722.4M	712.1M	648.8M
2021	693.5M	695.5M	688.3M	726.1M
2020	736.6M	719.7M	725.8M	733.6M
2019	679.8M	729.4M	720.5M	711.5M
2018	555.2M	513.6M	529.0M	620.8M
2017	644.9M	629.6M	594.0M	592.2M
2016	845.4M	798.8M	776.8M	637.5M
2015	807.0M	861.2M	879.8M	856.9M
2014	725.6M	763.2M	777.6M	806.8M
2013	613.7M	597.7M	623.1M	731.4M
2012	519.7M	527.9M	531.9M	588.4M
2011	680.9M	655.7M	640.8M	520.1M
2010	0	643.8M	665.4M	686.9M
2009	0	0	0	622.2M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Great Lakes Dredge & Dock Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 06, 2024	schiffer vivienne	sold (taxes)	-7,532	7.04	-1,070	svp, clo, cco & corp secretary
May 06, 2024	kornblau scott lee	sold (taxes)	-11,799	7.04	-1,676	svp, cfo & treasurer
May 06, 2024	johanson david	sold (taxes)	-4,540	7.04	-645	svp-project acquisition & ops
May 06, 2024	gunsten christopher	sold (taxes)	-4,505	7.04	-640	svp-proj svcs & fleet engineer
May 06, 2024	beyko eleni	sold (taxes)	-6,258	7.04	-889	svp - offshore wind
May 06, 2024	hanson william h	sold (taxes)	-3,421	7.04	-486	svp, market development
May 06, 2024	petterson lasse	sold (taxes)	-66,647	7.04	-9,467	ceo & president
Apr 25, 2024	kornblau scott lee	acquired	-	-	50,000	svp, cfo & treasurer
Apr 25, 2024	kornblau scott lee	sold (taxes)	-141,463	7.19	-19,675	svp, cfo & treasurer
Apr 24, 2024	beyko eleni	sold (taxes)	-60,174	7.44	-8,088	svp - offshore wind

Which funds bought or sold GLDD recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	Sugar Maple Asset Management, LLC	new	-	540,000	540,000	0.52%
May 16, 2024	COMERICA BANK	reduced	-97.19	-10,067	332	-%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-5.03	44,115	581,753	-%
May 16, 2024	JANE STREET GROUP, LLC	added	45.79	274,172	688,931	-%
May 15, 2024	AQR CAPITAL MANAGEMENT LLC	reduced	-20.05	-37,195	380,083	-%
May 15, 2024	PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO	reduced	-73.51	-42,753	18,480	-%
May 15, 2024	Royal Bank of Canada	reduced	-65.06	-593,000	393,000	-%
May 15, 2024	Price Jennifer C.	reduced	-51.64	-3,565,150	4,375,000	4.13%
May 15, 2024	SHERBROOKE PARK ADVISERS LLC	sold off	-100	-149,844	-	-%
May 15, 2024	FIRST MANHATTAN CO. LLC.	reduced	-27.27	-362,000	1,750,000	0.01%

Are Funds Buying or Selling GLDD?

Are funds buying GLDD calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own GLDD

No. of Funds

Unveiling Great Lakes Dredge & Dock Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	prudential financial inc	6.46%	0	SC 13G/A
Feb 14, 2024	alliancebernstein l.p.	6.9%	4,603,700	SC 13G/A
Feb 13, 2024	vanguard group inc	5.05%	3,364,913	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	6.5%	4,356,468	SC 13G/A
Feb 09, 2024	jennison associates llc	6.5%	4,299,418	SC 13G/A
Jan 24, 2024	blackrock inc.	11.1%	7,403,096	SC 13G/A
Apr 06, 2023	blackrock inc.	10.3%	6,802,165	SC 13G/A
Feb 14, 2023	alliancebernstein l.p.	5.5%	3,609,597	SC 13G
Feb 13, 2023	prudential financial inc	6.56%	0	SC 13G/A
Feb 10, 2023	dimensional fund advisors lp	6.4%	4,259,704	SC 13G/A

Recent SEC filings of Great Lakes Dredge & Dock Corp

View All Filings

Date Filed	Form Type	Document
May 14, 2024	8-K	Current Report
May 13, 2024	8-K	Current Report
May 07, 2024	10-Q	Quarterly Report
May 07, 2024	4	Insider Trading
May 07, 2024	4	Insider Trading
May 07, 2024	4	Insider Trading
May 07, 2024	4	Insider Trading
May 07, 2024	4	Insider Trading
May 07, 2024	4	Insider Trading
May 07, 2024	4	Insider Trading

Peers (Alternatives to Great Lakes Dredge & Dock Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CAT	176.0B	67.0B	-0.57%	65.92%	15.65	2.63	8.59%	58.17%
GE	175.0B	69.5B	2.71%	53.73%	49.85	2.52	16.04%	-60.91%
CMI	39.1B	34.0B	-1.97%	33.06%	18.95	1.15	12.85%	-19.64%
AME	38.6B	6.7B	-6.32%	12.86%	29.28	5.73	7.11%	10.53%
ACM	12.2B	15.3B	-3.16%	12.28%	-885.03	0.79	13.36%	-103.70%
MID-CAP
APG	9.8B	6.9B	-3.29%	52.06%	57.15	1.42	3.19%	62.26%
FLR	6.6B	15.5B	-3.16%	34.99%	21.56	0.42	7.53%	3145.00%
FLS	6.5B	4.4B	8.65%	40.81%	27.89	1.48	17.31%	1.26%
ACA	4.2B	2.4B	12.71%	24.81%	29.5	1.79	4.48%	-49.27%
ALG	2.3B	1.7B	-5.99%	7.81%	17.35	1.37	8.96%	15.52%
SMALL-CAP
AMRC	1.4B	1.4B	46.91%	-37.28%	24.47	1.02	-13.54%	-25.70%
AGX	872.9M	573.3M	9.79%	57.95%	26.98	1.52	26.00%	-2.24%
NKLA	732.5M	35.8M	-15.62%	-26.90%	-0.78	20.44	-27.93%	-18.06%
AMSC	430.6M	135.4M	17.93%	212.03%	-26.25	3.18	-25.90%	65.37%
ADES	247.8M	100.1M	1.25%	441.48%	-30.37	2.47	2.80%	39.07%

Great Lakes Dredge & Dock Corp News

Latest updates

Great Lakes Dredge & Dock Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	9.3%	199	182	117	133	158	147	158	149	194	210	169	170	178	172	176	168	218	164	170	185	193
Gross Profit	17.9%	46.00	39.00	9.00	18.00	12.00	-16.16	4.00	10.00	33.00	53.00	36.00	23.00	33.00	33.00	36.00	33.00	68.00	35.00	32.00	37.00	50.00
S&GA Expenses	-100.0%	-	15.00	14.00	14.00	13.00	12.00	13.00	11.00	15.00	16.00	15.00	14.00	16.00	17.00	15.00	15.00	16.00	16.00	13.00	15.00	15.00
EBITDA Margin	43.1%	0.15*	0.10*	0.04*	0.03*	0.02*	0.05*	0.14*	0.18*	0.19*	0.18*	0.16*	0.16*	-	-	-	-	-	-	-	-	-
Interest Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	14.00	0.00	-	-	13.00	-0.57	13.00	0.00
Income Taxes	12.5%	7.00	6.00	-1.81	1.00	-0.79	-8.44	-3.35	-0.85	3.00	8.00	3.00	1.00	1.00	2.00	4.00	3.00	11.00	1.00	3.00	4.00	7.00
Earnings Before Taxes	0.9%	28.00	28.00	-7.96	3.00	-4.02	-39.61	-13.26	-4.89	14.00	33.00	17.00	3.00	10.00	12.00	17.00	12.00	45.00	16.00	12.00	16.00	27.00
EBT Margin	157.2%	0.08*	0.03*	-0.09*	-0.09*	-0.10*	-0.07*	0.04*	0.08*	0.09*	0.09*	0.06*	0.06*	-	-	-	-	-	-	-	-	-
Net Income	-2.5%	21.00	22.00	-6.15	2.00	-3.23	-31.17	-9.91	-4.03	11.00	25.00	14.00	2.00	9.00	11.00	13.00	9.00	34.00	16.00	8.00	8.00	17.00
Net Income Margin	156.7%	0.06*	0.02*	-0.07*	-0.07*	-0.08*	-0.05*	0.03*	0.06*	0.07*	0.07*	0.05*	0.05*	-	-	-	-	-	-	-	-	-
Free Cashflow	148.4%	27.00	-54.80	-27.94	4.00	-24.31	-32.13	-38.36	-68.31	-2.55	-28.66	-9.77	7.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-1.4%	1,095	1,111	1,020	1,008	1,025	982	1,004	1,015	1,019	998	951	950	960	958	954	948	956	898	893	869	852
Current Assets	-6.7%	211	226	168	190	209	183	233	283	328	327	314	323	350	363	365	348	350	301	296	267	251
Cash Equivalents	-0.2%	23.00	23.00	14.00	42.00	33.00	7.00	39.00	75.00	143	145	174	181	178	217	230	234	207	187	181	126	123
Inventory	-5.5%	32.00	34.00	32.00	32.00	29.00	29.00	27.00	31.00	30.00	31.00	30.00	33.00	34.00	35.00	33.00	30.00	29.00	30.00	28.00	27.00	27.00
Net PPE	-0.2%	613	615	606	570	562	544	518	495	469	455	432	423	401	383	373	374	372	375	375	377	369
Goodwill	0%	77.00	77.00	77.00	77.00	77.00	77.00	77.00	77.00	77.00	77.00	77.00	77.00	77.00	77.00	77.00	77.00	77.00	77.00	-	-	-
Liabilities	-5.4%	686	725	654	639	661	614	607	603	603	599	576	590	603	611	622	627	649	618	631	618	613
Current Liabilities	-6.1%	168	179	164	141	163	160	147	142	152	155	145	160	169	176	189	196	216	204	217	203	198
Long Term Debt	-7.2%	382	412	322	322	322	322	321	321	321	321	321	321	324	324	324	323	323	323	323	322	322
LT Debt, Non Current	-100.0%	-	412	322	322	322	322	321	321	321	321	321	321	324	324	324	323	323	323	323	322	322
Shareholder's Equity	6.1%	409	386	366	369	364	368	397	412	415	399	375	360	357	347	333	321	307	279	262	251	239
Retained Earnings	29.9%	91.00	70.00	49.00	55.00	53.00	56.00	87.00	97.00	101	90.00	66.00	52.00	50.00	41.00	30.00	20.00	11.00	-23.09	-39.06	-47.02	-55.00
Additional Paid-In Capital	0.4%	319	317	316	314	313	312	311	309	308	308	307	305	304	305	305	305	303	302	302	299	297
Shares Outstanding	0.5%	67.00	67.00	67.00	66.00	66.00	66.00	66.00	66.00	66.00	66.00	66.00	66.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	525	-	-	-	849	-	-	-	971	-	-	-	587	-	-	-	690	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	1886.3%	38,441	-2,152	15,480	24,777	9,320	8,304	-7,497	-25,471	26,317	6,199	7,207	44,841	-9,240	2,951	8,536	37,389	30,071	19,269	67,309	-2,489	108,460
Share Based Compensation	-64.1%	756	2,108	1,773	2,198	237	1,451	1,285	1,000	552	1,417	1,207	798	1,766	1,863	1,761	1,455	1,675	1,674	1,615	1,619	2,000
Cashflow From Investing	64.3%	-8,271	-23,163	-43,381	-20,023	-33,574	-40,438	-30,827	-41,885	-27,756	-34,578	-13,016	-37,567	-27,038	-13,983	-9,048	-11,854	-8,286	-11,769	-12,393	6,015	-7,617
Cashflow From Financing	-186.4%	-30,209	34,983	-72.00	4,793	50,227	-153	-263	193	-1,437	-	880	-4,215	-2,524	-2,183	-3,290	518	-1,306	-1,360	364	-937	-12,315
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13.00	3,860	-	-	-	-	-	-

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GLDD Income Statement

2024-03-31

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Contract revenues	$ 198,660	$ 158,044
Revenue, Product and Service [Extensible Enumeration]	us-gaap:ServiceMember	us-gaap:ServiceMember
Costs of contract revenues	$ 153,086	$ 145,909
Cost, Product and Service [Extensible Enumeration]	us-gaap:ServiceMember	us-gaap:ServiceMember
Gross profit	$ 45,574	$ 12,135
General and administrative expenses	16,111	13,017
Other gains	(2,016)	(18)
Operating income (loss)	31,479	(864)
Interest expense—net	(3,891)	(3,385)
Other income	425	227
Income (loss) before income taxes	28,013	(4,022)
Income tax (provision) benefit	(6,989)	791
Net income (loss)	$ 21,024	$ (3,231)
Basic earnings (loss) per share	$ 0.32	$ (0.05)
Basic weighted average shares	66,729	66,264
Diluted earnings (loss) per share	$ 0.31	$ (0.05)
Diluted weighted average shares	67,494	66,264

GLDD Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
CURRENT ASSETS:
Cash and cash equivalents	$ 22,802	$ 22,841
Accounts receivable—net	40,482	54,810
Contract revenues in excess of billings	68,761	68,735
Inventories	32,038	33,912
Prepaid expenses	2,025	1,486
Other current assets	45,070	44,544
Total current assets	211,178	226,328
PROPERTY AND EQUIPMENT—Net	613,116	614,608
OPERATING LEASE ASSETS	81,633	88,398
GOODWILL	76,576	76,576
INVENTORIES—Noncurrent	89,746	86,325
OTHER	22,839	18,605
TOTAL	1,095,088	1,110,840
LIABILITIES AND EQUITY
Accounts payable	89,601	83,835
Accrued expenses	32,484	37,361
Operating lease liabilities	28,348	28,687
Billings in excess of contract revenues	18,066	29,560
Total current liabilities	168,499	179,443
LONG-TERM DEBT	382,207	412,070
OPERATING LEASE LIABILITIES—Noncurrent	54,835	61,444
DEFERRED INCOME TAXES	69,657	62,232
OTHER	10,850	10,103
Total liabilities	686,048	725,292
COMMITMENTS AND CONTINGENCIES (Note 8)
EQUITY:
Common stock-$.0001 par value; 90,000 authorized, 66,941 and 66,623 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively.	6	6
Additional paid-in capital	318,517	317,337
Retained earnings	91,244	70,220
Accumulated other comprehensive loss	(727)	(2,015)
Total equity	409,040	385,548
TOTAL	$ 1,095,088	$ 1,110,840

About Great Lakes Dredge & Dock Corp

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; land reclamations, channel deepening, and port infrastructure development; and lake and river dredging, inland levee and construction dredging, environmental restoration and habitat improvement, and other marine construction projects. The company serves federal, state, and local governments; foreign governments; and domestic and foreign private concerns, such as utilities, oil, and other energy companies. It operates hydraulic dredges, hopper dredges, mechanical dredges, unloader, drill boat, 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.

CEO	Mr. Lasse J. Petterson
WEBSITE	https://gldd.com
INDUSTRY	Apparel Manufacturing
EMPLOYEES	429

Great Lakes Dredge & Dock Corp Frequently Asked Questions

What is the ticker symbol for Great Lakes Dredge & Dock Corp? What does GLDD stand for in stocks?

GLDD is the stock ticker symbol of Great Lakes Dredge & Dock Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Great Lakes Dredge & Dock Corp (GLDD)?

As of Fri May 17 2024, market cap of Great Lakes Dredge & Dock Corp is 636.59 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of GLDD stock?

You can check GLDD's fair value in chart for subscribers.

What is the fair value of GLDD stock?

You can check GLDD's fair value in chart for subscribers. The fair value of Great Lakes Dredge & Dock Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Great Lakes Dredge & Dock Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for GLDD so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Great Lakes Dredge & Dock Corp a good stock to buy?

The fair value guage provides a quick view whether GLDD is over valued or under valued. Whether Great Lakes Dredge & Dock Corp is cheap or expensive depends on the assumptions which impact Great Lakes Dredge & Dock Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for GLDD.

What is Great Lakes Dredge & Dock Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, GLDD's PE ratio (Price to Earnings) is 16.68 and Price to Sales (PS) ratio is 1.01. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. GLDD PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Great Lakes Dredge & Dock Corp's stock?

In the past 10 years, Great Lakes Dredge & Dock Corp has provided 0.025 (multiply by 100 for percentage) rate of return.