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Great Lakes Dredge & Dock CorporationGLDD
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Overview >
Market Cap
583.64M
Revenue (ttm)
762.69M
Net Income (ttm)
57.27M
Shares Out
66.36M
EPS (ttm)
0.84
PE Ratio
10.29
Forward PE
11.57
Dividend
n/a
Ex-Dividend Date
n/a
Volume
n/a
Open
8.70
Previous Close
8.69
Day's Range
8.60 - 8.85
52-Week Range
6.55 - 12.89
Beta
1.18
Analysts
Buy
Price Target
14.00 (+59.18%)
Earnings Date
May 6, 2025
Description >

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.

Latest News >
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Sector Update: Health Care Stocks Fall Tuesday Afternoon
Jan 14, 2025
01:59 PM EST, 01/14/2025 (MT Newswires) -- Health care stocks declined Tuesday afternoon with the NYSE Health Care Index falling 1.5% and the Health Care Select Sector SPDR Fund (XLV) dropping 1.1%. The iShares Biotechnology ETF (IBB) shed 1.1%. In corporate news, Eli Lilly ( LLY ) shares tumbled 6.5% after the company lowered Q4 and full-year revenue expectations amid...
Sector Update: Tech Stocks Rise Tuesday Afternoon
Sector Update: Tech Stocks Rise Tuesday Afternoon
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01:56 PM EST, 01/14/2025 (MT Newswires) -- Tech stocks were higher Tuesday afternoon, with the Technology Select Sector SPDR Fund (XLK) up 0.4% and the SPDR S&P Semiconductor ETF (XSD) adding 1%. The Philadelphia Semiconductor index increased 0.5%. In corporate news, Meta Platforms ( META ) shares fell nearly 2%. Bloomberg reported, citing a memo sent to employees by Chief...
Sector Update: Consumer Stocks Mixed in Afternoon Trading
Sector Update: Consumer Stocks Mixed in Afternoon Trading
Jan 14, 2025
01:51 PM EST, 01/14/2025 (MT Newswires) -- Consumer stocks were mixed Tuesday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) little changed, paring earlier losses, and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 0.6%. In corporate news, Signet Jewelers ( SIG ) lowered its fiscal Q4 sales outlook as more customers opted for lower-priced fashion gift...
Sector Update: Financial Stocks Higher Tuesday Afternoon
Sector Update: Financial Stocks Higher Tuesday Afternoon
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01:51 PM EST, 01/14/2025 (MT Newswires) -- Financial stocks advanced in Tuesday afternoon trading, with the NYSE Financial Index rising 0.8% and the Financial Select Sector SPDR Fund (XLF) up 0.9%. The Philadelphia Housing Index climbed 2.3%, and the Real Estate Select Sector SPDR Fund (XLRE) gained 0.8%. Bitcoin (BTC-USD) rose 5.4% to $96,779, and the yield for 10-year US...
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