Q1 Earnings Estimate for GLDD Issued By Noble Financial

Great Lakes Dredge & Dock Co. (NASDAQ:GLDD) – Research analysts at Noble Financial issued their Q1 2025 earnings estimates for shares of Great Lakes Dredge & Dock in a research report issued on Wednesday, February 19th. Noble Financial analyst J. Gomes anticipates that the construction company will earn $0.25 per share for the quarter. The consensus estimate for Great Lakes Dredge & Dock’s current full-year earnings is $0.88 per share. Noble Financial also issued estimates for Great Lakes Dredge & Dock’s Q2 2025 earnings at $0.08 EPS, Q3 2025 earnings at $0.10 EPS, FY2025 earnings at $0.67 EPS and FY2026 earnings at $0.86 EPS.

Great Lakes Dredge & Dock Stock Performance

NASDAQ GLDD opened at $8.69 on Friday. Great Lakes Dredge & Dock has a 12-month low of $6.55 and a 12-month high of $12.89. The firm has a 50-day moving average price of $11.33 and a two-hundred day moving average price of $11.08. The company has a market capitalization of $584.58 million, a P/E ratio of 10.35, a P/E/G ratio of 0.29 and a beta of 1.16. The company has a quick ratio of 1.01, a current ratio of 1.21 and a debt-to-equity ratio of 0.97.

Great Lakes Dredge & Dock (NASDAQ:GLDD) last issued its quarterly earnings data on Tuesday, February 18th. The construction company reported $0.29 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.06. Great Lakes Dredge & Dock had a return on equity of 13.72% and a net margin of 7.51%. The firm had revenue of $202.77 million for the quarter, compared to analyst estimates of $211.20 million.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. Sequoia Financial Advisors LLC bought a new stake in Great Lakes Dredge & Dock during the third quarter worth about $1,079,000. GSA Capital Partners LLP lifted its holdings in shares of Great Lakes Dredge & Dock by 138.5% during the 3rd quarter. GSA Capital Partners LLP now owns 154,451 shares of the construction company’s stock worth $1,626,000 after acquiring an additional 89,684 shares during the period. Victory Capital Management Inc. lifted its holdings in shares of Great Lakes Dredge & Dock by 1.0% during the 3rd quarter. Victory Capital Management Inc. now owns 123,228 shares of the construction company’s stock worth $1,298,000 after acquiring an additional 1,228 shares during the period. Minerva Advisors LLC boosted its position in shares of Great Lakes Dredge & Dock by 1.5% during the 3rd quarter. Minerva Advisors LLC now owns 1,341,807 shares of the construction company’s stock worth $14,116,000 after acquiring an additional 19,470 shares in the last quarter. Finally, Thompson Davis & CO. Inc. bought a new position in Great Lakes Dredge & Dock in the third quarter valued at approximately $740,000. Institutional investors own 89.11% of the company’s stock.

About Great Lakes Dredge & Dock

Great Lakes Dredge & Dock Corp. engages in the provision of dredging services. Its projects include channel and port maintenance, channel deepening and port expansion, coastal protection and restoration, as well as land reclamation. The company was founded by William A. Lydon and Frederick C. Drews in 1890 and is headquartered in Houston, TX.