Equities Analysts Set Expectations for GLDD Q3 Earnings

Great Lakes Dredge & Dock Co. (NASDAQ:GLDD) – Equities research analysts at Sidoti Csr lowered their Q3 2025 EPS estimates for Great Lakes Dredge & Dock in a report issued on Wednesday, February 19th. Sidoti Csr analyst J. Romero now forecasts that the construction company will post earnings of $0.18 per share for the quarter, down from their previous forecast of $0.24. The consensus estimate for Great Lakes Dredge & Dock’s current full-year earnings is $0.76 per share. Sidoti Csr also issued estimates for Great Lakes Dredge & Dock’s Q4 2025 earnings at $0.22 EPS, FY2025 earnings at $0.70 EPS, Q2 2026 earnings at $0.17 EPS, Q3 2026 earnings at $0.24 EPS, Q4 2026 earnings at $0.27 EPS and FY2026 earnings at $0.84 EPS.

Great Lakes Dredge & Dock (NASDAQ:GLDD) last released its quarterly earnings data on Tuesday, February 18th. The construction company reported $0.29 EPS for the quarter, topping the consensus estimate of $0.23 by $0.06. The firm 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 13.35% and a net margin of 7.97%.

Great Lakes Dredge & Dock Price Performance

Shares of Great Lakes Dredge & Dock stock opened at $8.53 on Thursday. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.21 and a quick ratio of 1.01. Great Lakes Dredge & Dock has a one year low of $6.55 and a one year high of $12.89. The business’s 50 day simple moving average is $11.40 and its two-hundred day simple moving average is $11.09. The stock has a market capitalization of $573.81 million, a P/E ratio of 9.80, a price-to-earnings-growth ratio of 0.36 and a beta of 1.16.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in GLDD. AlphaQuest LLC purchased a new stake in Great Lakes Dredge & Dock during the 4th quarter valued at $33,000. nVerses Capital LLC boosted its holdings in shares of Great Lakes Dredge & Dock by 400.0% during the third quarter. nVerses Capital LLC now owns 3,500 shares of the construction company’s stock worth $37,000 after purchasing an additional 2,800 shares during the period. Federated Hermes Inc. grew its stake in shares of Great Lakes Dredge & Dock by 878.9% in the fourth quarter. Federated Hermes Inc. now owns 5,619 shares of the construction company’s stock worth $63,000 after purchasing an additional 5,045 shares during the last quarter. R Squared Ltd purchased a new position in Great Lakes Dredge & Dock during the 4th quarter valued at about $69,000. Finally, Lazard Asset Management LLC bought a new position in Great Lakes Dredge & Dock during the 4th quarter valued at approximately $118,000. 89.11% of the stock is owned by hedge funds and other institutional investors.

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.