What is Noble Financial’s Forecast for GLDD Q1 Earnings?

Great Lakes Dredge & Dock Co. (NASDAQ:GLDD) – Stock analysts at Noble Financial issued their Q1 2025 earnings per share (EPS) estimates for shares of Great Lakes Dredge & Dock in a research report issued to clients and investors on Wednesday, February 19th. Noble Financial analyst J. Gomes expects that the construction company will post earnings of $0.25 per share for the quarter. The consensus estimate for Great Lakes Dredge & Dock’s current full-year earnings is $0.69 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 Down 3.1 %

Shares of NASDAQ:GLDD opened at $8.42 on Friday. 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 $6.55 and a 1 year high of $12.89. The stock has a market capitalization of $566.43 million, a P/E ratio of 10.02, a PEG ratio of 1.06 and a beta of 1.16. The stock has a 50-day simple moving average of $11.26 and a 200-day simple moving average of $11.10.

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

Institutional Trading of Great Lakes Dredge & Dock

A number of institutional investors have recently modified their holdings of GLDD. Sequoia Financial Advisors LLC purchased a new stake in shares of Great Lakes Dredge & Dock during the 3rd quarter worth about $1,079,000. GSA Capital Partners LLP grew 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 purchasing an additional 89,684 shares during the period. Victory Capital Management Inc. grew 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 purchasing an additional 1,228 shares during the period. Minerva Advisors LLC grew its holdings 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 purchasing an additional 19,470 shares during the period. Finally, Thompson Davis & CO. Inc. acquired a new position in Great Lakes Dredge & Dock during the 3rd quarter worth approximately $740,000. 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.