Great Lakes Dredge Stock Today
| GLDD Stock | USD 9.24 0.33 3.70% |
PerformanceVery Weak
| Odds Of DistressLow
|
Great Lakes is trading at 9.24 as of the 20th of March 2025, a 3.70 percent up since the beginning of the trading day. The stock's lowest day price was 8.89. Great Lakes has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 20th of December 2024 and ending today, the 20th of March 2025. Click here to learn more.
Great Lakes Dredge Dock Corporation provides dredging services in the United States. Great Lakes Dredge Dock Corporation was founded in 1890 and is headquartered in Houston, Texas. Great Lakes operates under Engineering Construction classification in the United States and is traded on NASDAQ Exchange. The company has 67.28 M outstanding shares of which 711.53 K shares are currently shorted by private and institutional investors with about 1.43 trading days to cover. More on Great Lakes Dredge
Moving together with Great Stock
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| 0.78 | ESOA | Energy Services | PairCorr |
Moving against Great Stock
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Great Stock Highlights
| CEO, Director | Lasse Petterson |
| Thematic Ideas | (View all Themes) |
| Business Concentration | Construction, Engineering & Construction, Industrials, Military Industrial, Industrials, Construction & Engineering, Engineering & Construction, Industrials (View all Sectors) |
Great Lakes Dredge (GLDD) is traded on NASDAQ Exchange in USA. It is located in 9811 Katy Freeway, Houston, TX, United States, 77024 and employs 381 people. Great Lakes is listed under Construction category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 599.49 M. Great Lakes Dredge conducts business under Construction & Engineering sector and is part of Industrials industry. The entity has 67.28 M outstanding shares of which 711.53 K shares are currently shorted by private and institutional investors with about 1.43 trading days to cover.
Great Lakes Dredge currently holds about 75.42 M in cash with 70.06 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.14.
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Ownership AllocationGreat Lakes Dredge has a total of 67.28 Million outstanding shares. The majority of Great Lakes Dredge outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Great Lakes to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Great Lakes Dredge. Please pay attention to any change in the institutional holdings of Great Lakes Dredge as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Great Lakes Dredge Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Great Lakes market risk premium is the additional return an investor will receive from holding Great Lakes long position in a well-diversified portfolio.
| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.38) | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | 0.6106 |
Great Stock Against Markets
Great Lakes Corporate Management
| Trond Ellefsen | VP Innovation | Profile | |
| James Tastard | Sr Officer | Profile | |
| Lynn Nietfeld | Senior Region | Profile | |
| David Johanson | Senior Operations | Profile | |
| Todd Lightfoot | VP Officer | Profile | |
| Steven Becker | Senior Engineering | Profile |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Great Lakes Dredge. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Construction space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Great Lakes. If investors know Great will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Great Lakes listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Great Lakes Dredge is measured differently than its book value, which is the value of Great that is recorded on the company's balance sheet. Investors also form their own opinion of Great Lakes' value that differs from its market value or its book value, called intrinsic value, which is Great Lakes' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Great Lakes' market value can be influenced by many factors that don't directly affect Great Lakes' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Great Lakes' value and its price as these two are different measures arrived at by different means. Investors typically determine if Great Lakes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Great Lakes' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.