What is Sidoti Csr’s Estimate for GLDD FY2025 Earnings?

Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) – Investment analysts at Sidoti Csr lifted their FY2025 earnings per share estimates for Great Lakes Dredge & Dock in a research note issued on Wednesday, November 5th. Sidoti Csr analyst J. Romero now expects that the construction company will earn $1.12 per share for the year, up from their prior estimate of $1.02. The consensus estimate for Great Lakes Dredge & Dock’s current full-year earnings is $0.69 per share. Sidoti Csr also issued estimates for Great Lakes Dredge & Dock’s Q4 2025 earnings at $0.23 EPS, Q1 2026 earnings at $0.28 EPS, Q2 2026 earnings at $0.21 EPS, Q4 2026 earnings at $0.29 EPS, FY2026 earnings at $1.03 EPS, Q1 2027 earnings at $0.29 EPS, Q2 2027 earnings at $0.25 EPS, Q3 2027 earnings at $0.29 EPS and FY2027 earnings at $1.20 EPS.

GLDD has been the topic of a number of other reports. Weiss Ratings reissued a “hold (c+)” rating on shares of Great Lakes Dredge & Dock in a research note on Wednesday, October 8th. Zacks Research cut Great Lakes Dredge & Dock from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 10th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, Great Lakes Dredge & Dock currently has an average rating of “Hold”.

Great Lakes Dredge & Dock Trading Down 1.5%

NASDAQ GLDD opened at $12.58 on Thursday. Great Lakes Dredge & Dock has a 12 month low of $7.51 and a 12 month high of $12.93. The stock has a market cap of $855.38 million, a P/E ratio of 11.98, a P/E/G ratio of 0.94 and a beta of 1.40. The stock’s fifty day moving average price is $11.69 and its 200-day moving average price is $11.32. The company has a current ratio of 1.15, a quick ratio of 1.02 and a debt-to-equity ratio of 0.87.

Great Lakes Dredge & Dock (NASDAQ:GLDD) last posted its quarterly earnings data on Tuesday, November 4th. The construction company reported $0.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.17 by $0.09. The business had revenue of $195.21 million during the quarter, compared to the consensus estimate of $201.30 million. Great Lakes Dredge & Dock had a return on equity of 15.61% and a net margin of 8.63%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Strs Ohio bought a new position in Great Lakes Dredge & Dock in the first quarter valued at about $45,000. State of Alaska Department of Revenue bought a new position in shares of Great Lakes Dredge & Dock in the third quarter worth about $46,000. Quarry LP raised its stake in shares of Great Lakes Dredge & Dock by 213.7% in the first quarter. Quarry LP now owns 5,503 shares of the construction company’s stock worth $48,000 after buying an additional 3,749 shares during the period. Federated Hermes Inc. raised its stake in shares of Great Lakes Dredge & Dock by 43.5% in the second quarter. Federated Hermes Inc. now owns 4,965 shares of the construction company’s stock worth $61,000 after buying an additional 1,505 shares during the period. Finally, CWM LLC raised its stake in shares of Great Lakes Dredge & Dock by 125.0% in the third quarter. CWM LLC now owns 6,995 shares of the construction company’s stock worth $84,000 after buying an additional 3,886 shares during the period. 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.