Great Lakes Dredge & Dock Corporation (GLDD)
NASDAQ (NGS) NASDAQ (NGS) Primary Summary
Great Lakes Dredge & Dock Corporation (GLDD) Hit a 52 Week High, Can the Run Continue?
Great Lakes Dredge & Dock (GLDD) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Great Lakes Dredge & Dock (GLDD) Q4 Earnings and Revenues Beat Estimates
Great Lakes Dredge & Dock (GLDD) came out with quarterly earnings of $0.3 per share, beating the Zacks Consensus Estimate of $0.2 per share. This compares to earnings of $0.29 per share a year ago.
Great Lakes Dredge & Dock to Report Q4 Earnings: Here's What to Expect
GLDD gears up for Q4 earnings as strong backlog and dredging demand lift revenues, but margins may feel pressure from dry-docking costs.
Great Lakes Dredge & Dock Corporation Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| CE Curtis Ellergodt Rothschild Investment LLC | 92 | $1,117.36 | $1,564 | $446.64 | 39.97% |
| BG Bart Gancher Intech Investment Management LLC | 37,277 | $374,758.62 | $633,709 | $258,950.38 | 69.1% |
 Point72 Asset Management LP Point72 Asset Management LP | 30,557 | $400,907.82 | $519,469 | $118,561.18 | 29.57% |
 Joseph Castro Nuveen LLC | 150,195 | $1.83M | $2.55M | $722,438.09 | 39.46% |
 Ana-Maria Ignat Covestor Ltd | 533 | $4,179.05 | $9,061 | $4,881.95 | 116.82% |
Great Lakes Dredge & Dock Corporation (GLDD) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has Great Lakes Dredge & Dock Corporation ever had a stock split?
Great Lakes Dredge & Dock Corporation Profile
| Construction & Engineering Industry | Industrials Sector | Lasse J. Petterson CEO | NASDAQ (NGS) Exchange | 390607109 CUSIP |
| US Country | 381 Employees | 28 Dec 2012 Last Dividend | - Last Split | 27 Dec 2006 IPO Date |
Overview
Great Lakes Dredge & Dock Corporation, originally named Lydon & Drews Partnership, changed its name in 1905 and was founded in 1890. As a leading provider of dredging services in the United States, it operates from its headquarters in Houston, Texas. The corporation serves a wide range of clients including federal, state, and local governments, foreign governments, and domestic and international private entities, encompassing utilities, oil, gas, and other energy companies. With a history dating back over a century, the company has positioned itself as a key player in the development and maintenance of marine and aquatic infrastructure, utilizing a fleet of specialized equipment such as hydraulic dredges, hopper dredges, mechanical dredges, unloaders, drill boats, and various types of barges.
Products and Services
- Capital Dredging
- Coastal Protection
- Maintenance Dredging
- Lake and River Dredging
- Environmental Restoration and Habitat Improvement
- Marine Construction
Great Lakes Dredge & Dock Corporation undertakes large-scale port expansion projects, coastal restoration, land reclamations, and the construction of marine structures such as breakwaters and jetties. These projects often include creating trenches for pipelines, tunnels, and cables, crucial for infrastructure development.
To combat shoreline erosion, the company specializes in coastal protection projects that involve relocating sand from the sea floor to shorelines. This process aids in preserving properties and natural habitats against the damaging effects of erosion.
This service focuses on re-dredging previously deepened waterways and harbors to remove silt, sand, and other accumulated sediments. Maintenance dredging ensures that waterways remain navigable and ports functional for maritime activities.
In addition to ocean-based dredging, the corporation extends its expertise to inland water bodies by offering lake and river dredging services. This includes inland levee construction and dredging, ensuring waterways remain clear for navigation and flood management.
The company is also engaged in projects aimed at environmental restoration and habitat improvement. These initiatives are designed to restore natural environments and wildlife habitats to their original condition, promoting biodiversity and ecological balance.
Great Lakes Dredge & Dock Corporation plays a crucial role in various marine construction projects, including land reclamations, channel deepening, and port infrastructure development. These projects support economic growth and enhance the capabilities of maritime facilities.
