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

7.22USD+0.03 (+0.42%)Delayed as of 26 Apr 2024, 01:03 pm ET

Market Summary

USD7.22+0.03

Delayedas of 26 Apr 2024, 01:03 pm

0.42%

GLDD Stock Price

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GLDD RSI Chart

GLDD Valuation

Market Cap

479.0M

Price/Earnings (Trailing)

34.45

Price/Sales (Trailing)

0.81

EV/EBITDA

14.27

Price/Free Cashflow

-4.63

GLDD Price/Sales (Trailing)

GLDD Profitability

EBT Margin

3.11%

Return on Equity

3.61%

Return on Assets

1.25%

Free Cashflow Yield

-21.59%

GLDD Fundamentals

GLDD Revenue

Revenue (TTM)

589.6M

Rev. Growth (Yr)

23.91%

Rev. Growth (Qtr)

55.08%

GLDD Earnings

Earnings (TTM)

13.9M

Earnings Growth (Yr)

169.16%

Earnings Growth (Qtr)

450.31%

Breaking Down GLDD Revenue

52 Week Range

5.419.67

(Low)(High)

Last 7 days

-2.4%

Last 30 days

-15.0%

Last 90 days

-7.5%

Trailing 12 Months

35.9%

How does GLDD drawdown profile look like?

GLDD Financial Health

Current Ratio

1.26

Debt/Equity

1.07

Debt/Cashflow

0.12

GLDD Investor Care

Dividend Yield

3.84%

Dividend/Share (TTM)

0.31

Shares Dilution (1Y)

0.66%

Diluted EPS (TTM)

0.22

Historical Charts for Stock Metrics

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

Net sales

Year	Q1	Q2	Q3	Q4
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
Apr 24, 2024	beyko eleni	sold (taxes)	-60,174	7.44	-8,088	svp - offshore wind
Mar 28, 2024	steuert d michael	acquired	-	-	2,429	-
Mar 28, 2024	dickerson lawrence r	acquired	-	-	5,250	-
Mar 28, 2024	shipp earl l	acquired	-	-	2,286	-
Mar 15, 2024	petterson lasse	sold (taxes)	-462,446	8.62	-53,648	ceo & president
Mar 15, 2024	hanson william h	acquired	-	-	12,145	svp, market development
Mar 15, 2024	kornblau scott lee	sold (taxes)	-81,872	8.62	-9,498	svp, cfo & treasurer
Mar 15, 2024	johanson david	sold (taxes)	-34,592	8.62	-4,013	svp-project acquisition & ops
Mar 15, 2024	schiffer vivienne	acquired	-	-	23,436	svp, clo, cco & corp secretary
Mar 15, 2024	bayer ryan	acquired	-	-	9,771	vp & cao

Which funds bought or sold GLDD recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 24, 2024	Spire Wealth Management	unchanged	-	5,163	30,319	-%
Apr 23, 2024	BFSG, LLC	unchanged	-	12,647	103,425	0.01%
Apr 23, 2024	AMALGAMATED BANK	reduced	-61.15	-24,000	20,000	-%
Apr 22, 2024	Byrne Asset Management LLC	new	-	21,000	21,000	0.01%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	-9,994	264,684	-%
Apr 18, 2024	Allspring Global Investments Holdings, LLC	new	-	21,998	21,998	-%
Apr 15, 2024	Legato Capital Management LLC	unchanged	-	125,007	1,022,250	0.12%
Apr 11, 2024	Fortitude Family Office, LLC	unchanged	-	201	1,645	-%
Apr 05, 2024	GAMMA Investing LLC	added	23.86	3,377	11,445	-%
Apr 05, 2024	CWM, LLC	added	1.24	1,000	7,000	-%

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
Apr 25, 2024	4	Insider Trading
Apr 25, 2024	8-K	Current Report
Apr 01, 2024	4	Insider Trading
Apr 01, 2024	4	Insider Trading
Apr 01, 2024	4	Insider Trading
Apr 01, 2024	4	Insider Trading
Apr 01, 2024	4	Insider Trading
Apr 01, 2024	4	Insider Trading
Mar 27, 2024	DEFA14A	DEFA14A
Mar 27, 2024	DEF 14A	DEF 14A

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
GE	176.4B	69.5B	-7.12%	67.54%	50.25	2.54	16.04%	-60.91%
CAT	172.6B	67.1B	-5.16%	56.34%	16.7	2.57	12.84%	54.12%
CMI	41.4B	34.1B	-0.10%	27.96%	49.23	1.21	21.34%	-61.52%
AME	41.1B	6.6B	-2.11%	32.97%	31.28	6.23	7.26%	13.25%
ACM	12.7B	14.9B	-3.35%	15.97%	205.98	0.85	12.31%	-81.65%
MID-CAP
APG	9.2B	6.9B	-1.80%	74.09%	60.14	1.33	5.64%	109.59%
FLR	6.9B	15.5B	-1.02%	41.92%	49.99	0.45	12.59%	-4.48%
FLS	6.1B	4.3B	1.62%	44.30%	32.57	1.41	19.51%	-1.03%
ACA	3.7B	2.3B	-9.43%	31.51%	23.42	1.62	2.90%	-35.23%
ALG	2.4B	1.7B	-9.63%	13.67%	17.62	1.42	11.63%	33.59%
SMALL-CAP
AMRC	1.1B	1.4B	1.84%	-48.72%	17.51	0.8	-24.65%	-34.19%
AGX	811.0M	573.3M	22.87%	55.73%	25.06	1.41	26.00%	-2.24%
NKLA	801.4M	35.8M	-25.93%	-25.48%	-0.83	22.36	-27.93%	-23.21%
AMSC	364.5M	135.4M	-8.14%	196.99%	-22.23	2.69	-25.90%	65.37%
ADES	259.9M	99.2M	20.68%	320.43%	-21.22	2.62	-3.69%	-37.37%

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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	55.1%	182	117	133	158	147	158	149	194	210	169	170	178	172	176	168	218	164	170	185	193	173
Gross Profit	328.2%	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	36.00
S&GA Expenses	8.5%	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	15.00
EBITDA Margin	1384.6%	0.10*	-0.01*	0.03*	0.02*	0.05*	0.14*	0.18*	0.19*	0.18*	0.16*	0.16*	0.17*	-	-	-	-	-	-	-	-	-
Interest Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	14.00	0.00	-	-	13.00	-0.57	13.00	0.00	13.00
Income Taxes	443.3%	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	3.00
Earnings Before Taxes	448.7%	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	8.00
EBT Margin	135.1%	0.03*	-0.09*	-0.09*	-0.10*	-0.07*	0.04*	0.08*	0.09*	0.09*	0.06*	0.06*	0.07*	-	-	-	-	-	-	-	-	-
Net Income	450.3%	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	-7.70
Net Income Margin	133.7%	0.02*	-0.07*	-0.07*	-0.08*	-0.05*	0.03*	0.06*	0.07*	0.07*	0.05*	0.05*	0.06*	-	-	-	-	-	-	-	-	-
Free Cashflow	-96.2%	-54.80	-27.94	4.00	-24.31	-32.13	-38.36	-68.31	-2.55	-28.66	-9.77	7.00	-36.28	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	8.9%	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	730
Current Assets	34.8%	226	168	190	209	183	233	283	328	327	314	323	350	363	365	348	350	301	296	267	251	207
Cash Equivalents	62.1%	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	34.00
Inventory	5.0%	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	28.00
Net PPE	1.4%	615	606	570	562	544	518	495	469	455	432	423	401	383	373	374	372	375	375	377	369	370
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	10.8%	725	654	639	661	614	607	603	603	599	576	590	603	611	622	627	649	618	631	618	613	515
Current Liabilities	9.2%	179	164	141	163	160	147	142	152	155	145	160	169	176	189	196	216	204	217	203	198	163
Long Term Debt	28.0%	412	322	322	322	322	321	321	321	321	321	321	324	324	324	323	323	323	323	322	322	322
LT Debt, Non Current	28.0%	412	322	322	322	322	321	321	321	321	321	321	324	324	324	323	323	323	323	322	322	322
Shareholder's Equity	5.3%	386	366	369	364	368	397	412	415	399	375	360	357	347	333	321	307	279	262	251	239	215
Retained Earnings	44.3%	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	-74.97
Additional Paid-In Capital	0.5%	317	316	314	313	312	311	309	308	308	307	305	304	305	305	305	303	302	302	299	297	295
Shares Outstanding	0.0%	67.00	67.00	66.00	66.00	66.00	66.00	66.00	66.00	66.00	66.00	66.00	65.00	-	-	-	-	-	-	-	-	-
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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-113.9%	-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	48,719
Share Based Compensation	18.9%	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	1,814
Cashflow From Investing	46.6%	-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	-17,691
Cashflow From Financing	48687.5%	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	-19,697
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	-	13.00	3,860	-	-	-	-	-	-	-

GLDD Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
CONTRACT REVENUES	$ 589,625	$ 648,781	$ 726,149
Revenue, Product and Service [Extensible Enumeration]	us-gaap:ServiceMember	us-gaap:ServiceMember	us-gaap:ServiceMember
COSTS OF CONTRACT REVENUES	$ 511,893	$ 617,608	$ 580,879
Cost, Product and Service [Extensible Enumeration]	us-gaap:ServiceMember	us-gaap:ServiceMember	us-gaap:ServiceMember
Gross profit	$ 77,732	$ 31,173	$ 145,270
OPERATING EXPENSES:
GENERAL AND ADMINISTRATIVE EXPENSES	57,056	51,117	62,134
OTHER (GAINS) LOSSES	(7,543)	7,792	(294)
Total operating income (loss)	28,219	(27,736)	83,430
OTHER EXPENSE:
Interest expense—net	(12,140)	(14,108)	(21,601)
Other income (loss)	2,233	(1,571)	994
Total other expense	(9,907)	(15,679)	(20,607)
INCOME (LOSS) BEFORE INCOME TAXES	18,312	(43,415)	62,823
INCOME TAX (PROVISION) BENEFIT	(4,406)	9,360	(13,391)
NET INCOME (LOSS)	$ 13,906	$ (34,055)	$ 49,432
Basic earnings (loss) per share	$ 0.21	$ (0.52)	$ 0.75
Basic weighted average shares	66,469	66,051	65,587
Diluted earnings (loss) per share	$ 0.21	$ (0.52)	$ 0.75
Diluted weighted average shares	66,957	66,051	66,301

GLDD Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
CURRENT ASSETS:
Cash and cash equivalents	$ 22,841	$ 6,546
Accounts receivable—net	54,810	44,890
Contract revenues in excess of billings	68,735	65,922
Inventories	33,912	29,229
Prepaid expenses	1,486	1,568
Other current assets	44,544	34,686
Total current assets	226,328	182,841
PROPERTY AND EQUIPMENT—Net	614,608	543,910
OPERATING LEASE ASSETS	88,398	89,733
GOODWILL	76,576	76,576
INVENTORIES—Noncurrent	86,325	80,044
OTHER	18,605	8,676
TOTAL	1,110,840	981,780
LIABILITIES AND EQUITY
Accounts payable	83,835	94,077
Accrued expenses	37,361	29,469
Operating lease liabilities	28,687	26,873
Billings in excess of contract revenues	29,560	9,914
Total current liabilities	179,443	160,333
LONG-TERM DEBT	412,070	321,521
OPERATING LEASE LIABILITIES—Noncurrent	61,444	65,010
DEFERRED INCOME TAXES	62,232	59,115
OTHER	10,103	7,581
Total liabilities	725,292	613,560
COMMITMENTS AND CONTINGENCIES (Note 12)
EQUITY:
Common stock-$.0001 par value; 90,000 authorized, 66,623 and 66,188 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively.	6	6
Additional paid-in capital	317,337	312,091
Accumulated retained earnings	70,220	56,314
Accumulated other comprehensive loss	(2,015)	(191)
Total equity	385,548	368,220
TOTAL	$ 1,110,840	$ 981,780

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 Thu Apr 25 2024, market cap of Great Lakes Dredge & Dock Corp is 479.02 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 Thu Apr 25 2024, GLDD's PE ratio (Price to Earnings) is 34.45 and Price to Sales (PS) ratio is 0.81. 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 -0.017 (multiply by 100 for percentage) rate of return.