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GLDD logo GLDD
Upturn stock rating
GLDD logo

Great Lakes Dredge & Dock (GLDD)

Upturn stock rating
$11.03
Last Close (24-hour delay)
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

10/20/2025: GLDD (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

3 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $15

1 Year Target Price $15

Analysts Price Target For last 52 week
$15 Target price
52w Low $7.51
Current$11.03
52w High $12.89

Analysis of Past Performance

Type Stock
Historic Profit 39.25%
Avg. Invested days 42
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 3.0
Upturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulation Last Close 10/20/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 732.99M USD
Price to earnings Ratio 10.17
1Y Target Price 15
Price to earnings Ratio 10.17
1Y Target Price 15
Volume (30-day avg) 3
Beta 1.37
52 Weeks Range 7.51 - 12.89
Updated Date 10/19/2025
52 Weeks Range 7.51 - 12.89
Updated Date 10/19/2025
Dividends yield (FY) -
Basic EPS (TTM) 1.06

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 8.63%
Operating Margin (TTM) 8.82%

Management Effectiveness

Return on Assets (TTM) 5.85%
Return on Equity (TTM) 15.93%

Valuation

Trailing PE 10.17
Forward PE 12.18
Enterprise Value 1297493269
Price to Sales(TTM) 0.88
Enterprise Value 1297493269
Price to Sales(TTM) 0.88
Enterprise Value to Revenue 1.56
Enterprise Value to EBITDA 8.35
Shares Outstanding 67995301
Shares Floating 62712746
Shares Outstanding 67995301
Shares Floating 62712746
Percent Insiders 2.39
Percent Institutions 83.18

ai summary icon Upturn AI SWOT

Great Lakes Dredge & Dock

stock logo

Company Overview

overview logo History and Background

Great Lakes Dredge & Dock Corporation (GLDD) was founded in 1890. It is the largest provider of dredging services in the United States and has played a significant role in developing and maintaining the nation's waterways and coastlines. Over time, it has expanded its services to include environmental remediation and land reclamation.

business area logo Core Business Areas

  • Dredging: Maintenance dredging, capital dredging, beach nourishment, and land reclamation. Involves removing sediments and other materials from waterways.
  • Environmental & Remediation: Environmental dredging, habitat restoration, and management of contaminated sediments. Addresses environmental concerns related to dredging activities.
  • Coastal Protection: Construction and rehabilitation of coastal infrastructure, including jetties, breakwaters, and seawalls. Protects coastlines from erosion and storm damage.

leadership logo Leadership and Structure

Lasse Petterson is the current President and CEO. The company has a traditional hierarchical structure with various divisions responsible for different aspects of its operations.

Top Products and Market Share

overview logo Key Offerings

  • Maintenance Dredging: Removing accumulated sediments from existing waterways to maintain navigable depths. GLDD holds a significant share in this market. Competitors: Manson Construction, Weeks Marine.
  • Capital Dredging: Creating new or deepening existing waterways for navigation and port development. GLDD holds a significant share in this market. Competitors: Manson Construction, Weeks Marine.
  • Beach Nourishment: Replenishing eroded beaches with sand to protect coastal properties and recreational areas. GLDD holds a significant share in this market. Competitors: Callan Marine, Cottrell Contracting.

Market Dynamics

industry overview logo Industry Overview

The dredging industry is driven by infrastructure development, maintenance needs, and coastal protection efforts. It is highly competitive and regulated.

Positioning

GLDD is the largest dredging company in the US, offering a wide range of services and possessing a large fleet of equipment. Its scale and experience provide a competitive advantage.

Total Addressable Market (TAM)

The US dredging market is estimated to be worth several billion dollars annually. GLDD is well-positioned to capture a significant portion of this TAM due to its market leadership.

Upturn SWOT Analysis

Strengths

  • Market Leadership
  • Large Fleet of Equipment
  • Extensive Experience
  • Strong Reputation
  • Diversified Service Offerings

Weaknesses

  • Project Execution Risks
  • Sensitivity to Weather Conditions
  • High Capital Expenditure
  • Exposure to Commodity Price Fluctuations
  • Reliance on Government Contracts

Opportunities

  • Increased Infrastructure Spending
  • Growing Coastal Protection Needs
  • Expansion into New Markets
  • Technological Advancements
  • Environmental Remediation Projects

Threats

  • Intense Competition
  • Regulatory Changes
  • Economic Downturns
  • Rising Fuel Costs
  • Environmental Concerns

Competitors and Market Share

competitor logo Key Competitors

  • JEF (Jefferies Financial Group)
  • MNSN (Manson Construction Co)
  • WKHS (Workhorse Group)

Competitive Landscape

GLDD benefits from its large scale and established relationships. However, competitors may be more agile or specialized in certain niches.

Major Acquisitions

Atlantic Coast Dismantling

  • Year: 2023
  • Acquisition Price (USD millions): 28.5
  • Strategic Rationale: Expand its decommissioning services and broaden revenue opportunities

Growth Trajectory and Initiatives

Historical Growth: Discuss Great Lakes Dredge & Dock's growth trends over the past years.

Future Projections: Provide projections for Great Lakes Dredge & Dock's future growth based on analyst estimates.

Recent Initiatives: Highlight recent strategic initiatives undertaken by Great Lakes Dredge & Dock.

Summary

Great Lakes Dredge & Dock is a market leader with a strong position in the dredging industry. Its large scale and diversified services provide a competitive advantage, but project execution risks and regulatory changes remain key concerns. The company benefits from increased infrastructure spending and coastal protection efforts, driving future growth. Keeping an eye on commodity price fluctuations is important for financial health.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Filings
  • Industry Reports
  • Analyst Estimates

Disclaimers:

This analysis is based on publicly available information and is not financial advice. Market conditions can change rapidly.

Upturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Great Lakes Dredge & Dock

Exchange NASDAQ
Headquaters Houston, TX, United States
IPO Launch date 2006-12-27
CEO, President & Director Mr. Lasse J. Petterson
Sector Industrials
Industry Engineering & Construction
Full time employees 381
Full time employees 381

Great Lakes Dredge & Dock Corporation provides dredging services in the United States. The company offers 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 comprising 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; lake and river dredging, inland levee and construction dredging, environmental restoration and habitat improvement, and other marine construction projects; and foreign capital projects, such as channel deepening and port infrastructure development. In addition, the company operates hydraulic dredges, hopper dredges, mechanical dredges, unloaders, drill boats, and material and other barges equipment. It serves federal, state, and local governments; foreign governments; and domestic and foreign private concerns comprising utilities, oil and gas, and other energy companies. 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.