Q4 Earnings Forecast for GLDD Issued By Noble Financial

Great Lakes Dredge & Dock Co. (NASDAQ:GLDDFree Report) – Investment analysts at Noble Financial issued their Q4 2025 earnings per share (EPS) estimates for shares of Great Lakes Dredge & Dock in a report released on Wednesday, February 19th. Noble Financial analyst J. Gomes anticipates that the construction company will post earnings per share of $0.24 for the quarter. The consensus estimate for Great Lakes Dredge & Dock’s current full-year earnings is $0.81 per share.

Great Lakes Dredge & Dock Price Performance

Shares of GLDD opened at $8.42 on Thursday. The business’s 50-day moving average is $11.33 and its two-hundred day moving average is $11.08. The company has a market capitalization of $566.41 million, a P/E ratio of 10.02, a P/E/G ratio of 0.30 and a beta of 1.16. 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 fifty-two week low of $6.55 and a fifty-two week high of $12.89.

Great Lakes Dredge & Dock (NASDAQ:GLDDGet Free Report) last announced its quarterly earnings results on Tuesday, February 18th. The construction company reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.06. The company had revenue of $202.77 million for the quarter, compared to the consensus estimate of $211.20 million. Great Lakes Dredge & Dock had a return on equity of 13.72% and a net margin of 7.51%.

Institutional Investors Weigh In On Great Lakes Dredge & Dock

Several hedge funds and other institutional investors have recently added to or reduced their stakes in GLDD. Sanctuary Advisors LLC grew its position in shares of Great Lakes Dredge & Dock by 0.4% during the 4th quarter. Sanctuary Advisors LLC now owns 235,282 shares of the construction company’s stock valued at $2,623,000 after acquiring an additional 979 shares during the period. Victory Capital Management Inc. grew its position 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 valued at $1,298,000 after acquiring an additional 1,228 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Great Lakes Dredge & Dock by 3.4% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 37,537 shares of the construction company’s stock valued at $424,000 after acquiring an additional 1,235 shares during the period. Hsbc Holdings PLC grew its position in shares of Great Lakes Dredge & Dock by 5.7% during the 4th quarter. Hsbc Holdings PLC now owns 39,984 shares of the construction company’s stock valued at $453,000 after acquiring an additional 2,150 shares during the period. Finally, MetLife Investment Management LLC grew its position in shares of Great Lakes Dredge & Dock by 5.9% during the 4th quarter. MetLife Investment Management LLC now owns 39,877 shares of the construction company’s stock valued at $450,000 after acquiring an additional 2,213 shares during the period. 89.11% of the stock is owned by institutional investors and hedge funds.

About Great Lakes Dredge & Dock

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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.

See Also

Earnings History and Estimates for Great Lakes Dredge & Dock (NASDAQ:GLDD)

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