Research Analysts Offer Predictions for GLDD Q2 Earnings

Great Lakes Dredge & Dock Co. (NASDAQ:GLDD) – Research analysts at Sidoti Csr lifted their Q2 2025 earnings per share (EPS) estimates for Great Lakes Dredge & Dock in a report issued on Wednesday, May 7th. Sidoti Csr analyst J. Romero now anticipates that the construction company will post earnings per share of $0.08 for the quarter, up from their previous forecast of $0.05. The consensus estimate for Great Lakes Dredge & Dock’s current full-year earnings is $0.69 per share. Sidoti Csr also issued estimates for Great Lakes Dredge & Dock’s Q3 2025 earnings at $0.17 EPS, Q4 2025 earnings at $0.20 EPS, Q1 2026 earnings at $0.20 EPS and Q2 2026 earnings at $0.20 EPS.

Great Lakes Dredge & Dock Stock Up 2.0 %

Shares of GLDD opened at $10.79 on Friday. The company’s 50-day simple moving average is $8.85 and its 200-day simple moving average is $10.53. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.01 and a current ratio of 1.21. Great Lakes Dredge & Dock has a 1 year low of $7.51 and a 1 year high of $12.89. The stock has a market capitalization of $726.83 million, a PE ratio of 12.85, a P/E/G ratio of 1.06 and a beta of 1.23.

Great Lakes Dredge & Dock (NASDAQ:GLDD) last posted its earnings results on Tuesday, May 6th. The construction company reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.25 by $0.24. The firm had revenue of $242.87 million for the quarter, compared to analyst estimates of $206.70 million. Great Lakes Dredge & Dock had a return on equity of 13.72% and a net margin of 7.51%.

Great Lakes Dredge & Dock announced that its board has authorized a share buyback plan on Friday, March 14th that allows the company to repurchase $50.00 million in outstanding shares. This repurchase authorization allows the construction company to purchase up to 8.6% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s board of directors believes its shares are undervalued.

Insider Buying and Selling

In related news, SVP Eleni Beyko sold 22,579 shares of Great Lakes Dredge & Dock stock in a transaction on Tuesday, May 6th. The stock was sold at an average price of $10.26, for a total value of $231,660.54. Following the completion of the transaction, the senior vice president now directly owns 50,138 shares in the company, valued at approximately $514,415.88. This trade represents a 31.05 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Christopher Gunsten purchased 3,875 shares of the business’s stock in a transaction on Tuesday, March 4th. The shares were bought at an average price of $7.75 per share, for a total transaction of $30,031.25. Following the acquisition, the senior vice president now owns 61,532 shares in the company, valued at $476,873. This trade represents a 6.72 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 2.20% of the stock is owned by insiders.

Hedge Funds Weigh In On Great Lakes Dredge & Dock

Hedge funds and other institutional investors have recently made changes to their positions in the stock. AlphaQuest LLC acquired a new stake in Great Lakes Dredge & Dock in the fourth quarter valued at approximately $33,000. Byrne Asset Management LLC purchased a new stake in shares of Great Lakes Dredge & Dock in the 1st quarter valued at approximately $40,000. Federated Hermes Inc. raised its holdings in shares of Great Lakes Dredge & Dock by 878.9% in the 4th quarter. Federated Hermes Inc. now owns 5,619 shares of the construction company’s stock valued at $63,000 after purchasing an additional 5,045 shares in the last quarter. R Squared Ltd purchased a new stake in shares of Great Lakes Dredge & Dock during the 4th quarter worth $69,000. Finally, Lazard Asset Management LLC acquired a new position in shares of Great Lakes Dredge & Dock during the fourth quarter worth $118,000. Hedge funds and other 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.