Stock Performance: Great Lakes Dredge & Dock (GLDD) closed at $9.44, up 0.53%, while analysts anticipate a significant earnings report with an expected EPS of $0.18, reflecting a 300% increase from the previous year.
Valuation Insights: GLDD is trading at a Forward P/E ratio of 11.74, lower than the industry average of 18.3, and has a PEG ratio of 0.34, indicating potential growth opportunities within the Building Products - Heavy Construction sector.
GLDD
$13.76+Infinity%1D
Analyst Views on GLDD
Wall Street analysts forecast GLDD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GLDD is 14.00 USD with a low forecast of 14.00 USD and a high forecast of 14.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
Wall Street analysts forecast GLDD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GLDD is 14.00 USD with a low forecast of 14.00 USD and a high forecast of 14.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 13.890
Low
14.00
Averages
14.00
High
14.00
Current: 13.890
Low
14.00
Averages
14.00
High
14.00
Texas Capital
Buy
initiated
$14
2025-08-21
Reason
Texas Capital
Price Target
$14
2025-08-21
initiated
Buy
Reason
Texas Capital initiated coverage of Great Lakes Dredge with a Buy rating and $14 price target. Great Lakes Dredge is the oldest and largest U.S.-based dredging company and owns and operates about a 200 vessel specialized fleet, the analyst tells investors. The company has strong public sector funding for dredging as well as tailwinds from the private sector for LNG ports and offshore wind projects, the analyst added.
About GLDD
Great Lakes Dredge & Dock Corporation is a provider of dredging services. The Company is also engaged in developing offshore wind energy. It operates three types of dredging equipment: hopper dredges, hydraulic dredges, and mechanical dredges. Its dredging generally involves the enhancement or preservation of the navigability of waterways or the protection of shorelines through the removal or replenishment of soil, sand, or rock. Domestically, its work is generally performed in coastal waterways and deep-water ports. The United States dredging market consists of four primary types of work: capital, coastal protection, maintenance, and rivers and lakes. The Company's capital dredging consists primarily of port expansion projects. Its domestic dredging fleet is positioned on the East and Gulf Coasts, with a smaller number of vessels positioned on the West Coast, and with the rivers and lakes dredges on inland rivers and lakes. It comprises approximately 200 specialized vessels.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
