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Home โบ Stocks โบ Great Lakes Dredge & Dock Corporation (GLDD) Stock Forecast & Price Prediction United States | NASDAQ | Industrials | Engineering & Construction
$17.00
+0.00 (0.00%)Did GLDD Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Great Lakes is one of their latest high-conviction picks.
Based on our analysis of 4 Wall Street analysts, GLDD has a neutral consensus with a median price target of $17.00 (ranging from $17.00 to $17.00). The overall analyst rating is Hold (5.5/10). Currently trading at $17.00, the median forecast implies a 0.0% downside. This outlook is supported by 0 Buy, 3 Hold, and 1 Sell ratings.
The most optimistic forecast comes from Tomohiko Sano at JP Morgan, projecting a 0.0% downside. Conversely, the most conservative target is provided by Tomohiko Sano at JP Morgan, suggesting a 0.0% downside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for GLDD.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Mar 26, 2026 | JP Morgan | Tomohiko Sano | Underweight | Downgrade | $17.00 |
| Mar 11, 2026 | CJS Securities | Jonathan Tanwanteng | Market Perform | Downgrade | $N/A |
| Mar 4, 2026 | JP Morgan | Tomohiko Sano | Neutral | Downgrade | $17.00 |
| Jan 22, 2026 | JP Morgan | Tomohiko Sano | Overweight | Initiates | $20.00 |
| Sep 23, 2024 | Noble Capital Markets | Poe Fratt | Outperform | Maintains | $14.00 |
| Jan 25, 2018 | Noble Financial | Buy | Initiates | $N/A | |
| Jan 25, 2018 | Noble Capital Markets | Buy | Initiates | $7.50 | |
| Aug 8, 2016 | Imperial Capital | In-Line | Downgrade | $4.00 | |
| Mar 18, 2016 | Stephens & Co. | Overweight | Upgrade | $N/A | |
| Feb 24, 2015 | DA Davidson | Neutral | Downgrade | $N/A | |
| Jan 9, 2015 | Barclays | Underweight | Maintains | $8.00 | |
| Oct 20, 2014 | Barclays | Underweight | Maintains | $7.00 | |
| Aug 7, 2014 | Barclays | Underweight | Maintains | $N/A | |
| Aug 6, 2014 | Barclays | Underweight | Maintains | $8.00 | |
| May 7, 2014 | Imperial Capital | Outperform | Maintains | $10.50 | |
| Jan 22, 2014 | Barclays | Underweight | Downgrade | $9.00 | |
| Nov 6, 2013 | Imperial Capital | Outperform | Maintains | $11.50 | |
| Nov 6, 2013 | DA Davidson | Buy | Maintains | $10.00 | |
| Aug 8, 2013 | Stephens & Co. | Equal-Weight | Downgrade | $N/A | |
| Jul 25, 2013 | BB&T Capital | Hold | Downgrade | $N/A |
The following stocks are similar to Great Lakes based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Great Lakes Dredge & Dock Corporation has a market capitalization of $1.14B with a P/E ratio of 15.7x. The company generates $888.28M in trailing twelve-month revenue with a 8.3% profit margin.
Revenue growth is +26.5% quarter-over-quarter, while maintaining an operating margin of +11.8% and return on equity of +15.2%.
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Provides dredging services in the U.S.
The company generates revenue primarily through capital and maintenance dredging services for port expansions, coastal restoration, and marine structure construction. It operates a fleet of about 200 specialized vessels, allowing it to handle various projects that support navigation and environmental restoration across major U.S. waterways.
Great Lakes Dredge & Dock Corporation is also expanding into the offshore energy sector, offering subsea infrastructure services for wind projects and potential mineral recovery collaborations. Founded in 1890 and based in Houston, Texas, the company has established itself as a leader in marine construction and site preparation.
Industrials
Engineering & Construction
398
Mr. Lasse J. Petterson
United States
2006
Saltchuk Resources acquired Great Lakes Dredge & Dock Corporation for $17 per share, totaling an enterprise value of approximately $1.5 billion.
The acquisition of Great Lakes by Saltchuk enhances market position and growth potential, impacting future revenue streams and shareholder value, crucial for investment strategies.
Saltchuk Resources and Great Lakes Dredge & Dock announced results of a cash tender offer for the company's 5.25% Senior Notes due 2029 and related consent solicitation for indenture amendments.
The cash tender offer for Great Lakes Dredge & Dock's senior notes indicates potential changes in debt structure and financial health, affecting bondholder confidence and stock performance.
Great Lakes Dredge & Dock (GLDD) is currently at a 52-week high. Analysts are examining the company's fundamentals to assess potential for future gains.
GLDD reaching a 52-week high signals strong market performance. Analyzing fundamentals will help assess future growth potential and investment viability.
Saltchuk Resources and Great Lakes Dredge & Dock have announced a tender offer for all 5.25% senior notes due 2029, signaling a move to manage its debt obligations.
The tender offer indicates Saltchuk's confidence in Great Lakes' financial health and could affect bond prices and interest rates, signaling potential risks or rewards for investors.
Kahn Swick & Foti is investigating the proposed sale of Great Lakes Dredge & Dock Corporation to Saltchuk Resources for $17.00 per share to assess the fairness of the offer.
The investigation into Great Lakes Dredge & Dock's acquisition highlights potential concerns about the sale price and fairness, which could impact shareholder value and market perception.
Johnson Fistel, PLLP is investigating Great Lakes Dredge & Dock Corporation's board for potential breaches of fiduciary duty regarding its proposed sale to Saltchuk Resources, Inc.
The investigation into Great Lakes Dredge & Dock's board may indicate potential governance issues, affecting stock performance and investor confidence amid the proposed sale.
Based on our analysis of 4 Wall Street analysts, Great Lakes Dredge & Dock Corporation (GLDD) has a median price target of $17.00. The highest price target is $17.00 and the lowest is $17.00.
According to current analyst ratings, GLDD has 0 Buy ratings, 3 Hold ratings, and 1 Sell ratings. The stock is currently trading at $17.00. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict GLDD stock could reach $17.00 in the next 12 months. This represents a 0.0% decrease from the current price of $17.00. Please note that this is a projection by Wall Street analysts and not a guarantee.
The company generates revenue primarily through capital and maintenance dredging services for port expansions, coastal restoration, and marine structure construction. It operates a fleet of about 200 specialized vessels, allowing it to handle various projects that support navigation and environmental restoration across major U.S. waterways.
The highest price target for GLDD is $17.00 from Tomohiko Sano at JP Morgan, which represents a 0.0% decrease from the current price of $17.00.
The lowest price target for GLDD is $17.00 from Tomohiko Sano at JP Morgan, which represents a 0.0% decrease from the current price of $17.00.
The overall analyst consensus for GLDD is neutral. Out of 4 Wall Street analysts, 0 rate it as Buy, 3 as Hold, and 1 as Sell, with a median price target of $17.00.
Stock price projections, including those for Great Lakes Dredge & Dock Corporation, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.