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How to buy Great Lakes Dredge-and-Dock Corporation stock | $14.25

Own Great Lakes Dredge-and-Dock Corporation stock in just a few minutes.

Fact checked

Great Lakes Dredge & Dock Corporation is an engineering & construction business based in the US. Great Lakes Dredge-and-Dock Corporation shares (GLDD) are listed on the NASDAQ and all prices are listed in US Dollars. Great Lakes Dredge-and-Dock Corporation employs 437 staff and has a trailing 12-month revenue of around USD$725.8 million.

How to buy shares in Great Lakes Dredge-and-Dock Corporation

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Great Lakes Dredge-and-Dock Corporation. Find the stock by name or ticker symbol: GLDD. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Great Lakes Dredge-and-Dock Corporation reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$14.25, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Great Lakes Dredge-and-Dock Corporation, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Great Lakes Dredge-and-Dock Corporation. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Great Lakes Dredge-and-Dock Corporation share price

Use our graph to track the performance of GLDD stocks over time.

Great Lakes Dredge-and-Dock Corporation shares at a glance

Information last updated 2020-12-26.
Latest market closeUSD$14.25
52-week rangeUSD$6.75 - USD$12.7962
50-day moving average USD$11.4853
200-day moving average USD$9.9886
Wall St. target priceUSD$15.68
PE ratio 11.489
Dividend yield N/A (0%)
Earnings per share (TTM) USD$1.088

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Great Lakes Dredge-and-Dock Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Great Lakes Dredge-and-Dock Corporation price performance over time

Historical closes compared with the close of $14.25 from 2021-01-11

1 week (2021-01-07) -2.60%
1 month (2020-12-15) 21.79%
3 months (2020-10-15) 32.43%
6 months (2020-07-15) 60.11%
1 year (2020-01-15) 24.02%
2 years (2019-01-15) 106.22%
3 years (2018-01-13) N/A
5 years (2016-01-15) 343.93%

Is Great Lakes Dredge-and-Dock Corporation under- or over-valued?

Valuing Great Lakes Dredge-and-Dock Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Great Lakes Dredge-and-Dock Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Great Lakes Dredge-and-Dock Corporation's P/E ratio

Great Lakes Dredge-and-Dock Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 11x. In other words, Great Lakes Dredge-and-Dock Corporation shares trade at around 11x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Great Lakes Dredge-and-Dock Corporation's PEG ratio

Great Lakes Dredge-and-Dock Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 10. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Great Lakes Dredge-and-Dock Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Great Lakes Dredge-and-Dock Corporation's EBITDA

Great Lakes Dredge-and-Dock Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$148.9 million.

The EBITDA is a measure of a Great Lakes Dredge-and-Dock Corporation's overall financial performance and is widely used to measure a its profitability.

Great Lakes Dredge-and-Dock Corporation financials

Revenue TTM USD$725.8 million
Operating margin TTM 15.29%
Gross profit TTM USD$153.8 million
Return on assets TTM 7.51%
Return on equity TTM 23.64%
Profit margin 9.85%
Book value $5.15
Market capitalisation USD$812.1 million

TTM: trailing 12 months

Shorting Great Lakes Dredge-and-Dock Corporation shares

There are currently 1.6 million Great Lakes Dredge-and-Dock Corporation shares held short by investors – that's known as Great Lakes Dredge-and-Dock Corporation's "short interest". This figure is 1.2% down from 1.6 million last month.

There are a few different ways that this level of interest in shorting Great Lakes Dredge-and-Dock Corporation shares can be evaluated.

Great Lakes Dredge-and-Dock Corporation's "short interest ratio" (SIR)

Great Lakes Dredge-and-Dock Corporation's "short interest ratio" (SIR) is the quantity of Great Lakes Dredge-and-Dock Corporation shares currently shorted divided by the average quantity of Great Lakes Dredge-and-Dock Corporation shares traded daily (recently around 273465.39130435). Great Lakes Dredge-and-Dock Corporation's SIR currently stands at 5.75. In other words for every 100,000 Great Lakes Dredge-and-Dock Corporation shares traded daily on the market, roughly 5750 shares are currently held short.

However Great Lakes Dredge-and-Dock Corporation's short interest can also be evaluated against the total number of Great Lakes Dredge-and-Dock Corporation shares, or, against the total number of tradable Great Lakes Dredge-and-Dock Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Great Lakes Dredge-and-Dock Corporation's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Great Lakes Dredge-and-Dock Corporation shares in existence, roughly 20 shares are currently held short) or 0.0248% of the tradable shares (for every 100,000 tradable Great Lakes Dredge-and-Dock Corporation shares, roughly 25 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Great Lakes Dredge-and-Dock Corporation.

Find out more about how you can short Great Lakes Dredge-and-Dock Corporation stock.

Great Lakes Dredge-and-Dock Corporation share dividends

We're not expecting Great Lakes Dredge-and-Dock Corporation to pay a dividend over the next 12 months.

Great Lakes Dredge-and-Dock Corporation share price volatility

Over the last 12 months, Great Lakes Dredge-and-Dock Corporation's shares have ranged in value from as little as $6.75 up to $12.7962. A popular way to gauge a stock's volatility is its "beta".

GLDD.US volatility(beta: 0.94)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Great Lakes Dredge-and-Dock Corporation's is 0.9438. This would suggest that Great Lakes Dredge-and-Dock Corporation's shares are less volatile than average (for this exchange).

Great Lakes Dredge-and-Dock Corporation overview

Great Lakes Dredge & Dock Corporation provides dredging services in the United States and internationally. The company engages in capital dredging that consists of port expansion projects, coastal restoration and land reclamations, trench digging for pipelines, tunnels and cables, and other dredging related to the construction of breakwaters, jetties, canals, and other marine structures. It is also involved in channel deepening and port infrastructure development; coastal protection projects; re-dredging previously deepened waterways and harbors; and lake and river dredging, inland levee and construction dredging, environmental restoration and habitat improvement, and other marine construction projects. The company serves federal, state, and local governments; foreign governments; and domestic and foreign private concerns, such as utilities, oil, and other energy companies. It operates a fleet of 22 dredges, 14 material transportation barges, 1 drillboat, and various other support vessels. The company was formerly known as Lydon & Drews Partnership and changed its name to Great Lakes Dredge & Dock Corporation in 1905. Great Lakes Dredge & Dock Corporation was founded in 1890 and is headquartered in Oak Brook, Illinois.

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