Great Lakes Dredge & Dock Corporation

NasdaqGS:GLDD Lagerbericht

Marktkapitalisierung: US$1.1b

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

Great Lakes Dredge & Dock Management

Management Kriterienprüfungen 2/4

Great Lakes Dredge & Dock CEO ist Lasse Petterson , ernannt in May 2017, hat eine Amtszeit von 8.92 Jahren. Die jährliche Gesamtvergütung beträgt $4.57M , bestehend aus 17.9% Gehalt und 82.1% Boni, einschließlich Aktien und Optionen des Unternehmens. besitzt direkt 1.35% der Aktien des Unternehmens, im Wert von $15.37M . Die durchschnittliche Betriebszugehörigkeit des Managementteams und des Verwaltungsrats beträgt 4.9 Jahre bzw. 7.9 Jahre.

Wichtige Informationen

Lasse Petterson

Geschäftsführender

US$4.6m

Gesamtvergütung

Prozentsatz des Geschäftsführergehalts17.86%
Amtszeit als Geschäftsführer8.9yrs
Eigentum des Geschäftsführers1.4%
Durchschnittliche Amtszeit des Managements4.9yrs
Durchschnittliche Amtszeit der Vorstandsmitglieder7.9yrs

Jüngste Management Updates

Analyseartikel May 01

Increases to CEO Compensation Might Be Put On Hold For Now at Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD)

Key Insights Great Lakes Dredge & Dock to hold its Annual General Meeting on 8th of May CEO Lasse Petterson's total...

Recent updates

Narrativ-Update Mar 27

GLDD: Saltchuk Cash Offer And Downgrades Will Define Limited Upside Risk Profile

Analysts have trimmed their outlook on Great Lakes Dredge & Dock, cutting the price target to $17.00 as they align with the agreed $17 per share cash acquisition by Saltchuk Resources and see limited additional upside, with multiple firms shifting to more neutral ratings. Analyst Commentary Recent research around the Saltchuk Resources agreement has become more muted, with several firms moving to neutral stances as the US$17 per share cash offer now anchors valuation expectations and leaves less room for additional re rating.
Narrativ-Update Mar 13

GLDD: Saltchuk Cash Deal And Rating Downgrades Will Shape Risk Balance

Analysts have trimmed their price targets on Great Lakes Dredge & Dock, with the fair value estimate moving from about $17.80 to $17.00 as they align expectations with the agreed $17 per share cash acquisition price and reassess the company’s discount rate, revenue growth, profit margin and future P/E assumptions. Analyst Commentary Recent Street research around Great Lakes Dredge & Dock has largely shifted toward a deal-focused view, with most coverage aligning ratings and targets with the agreed US$17 per share cash acquisition price from Saltchuk Resources.
Narrativ-Update Feb 26

GLDD: Mixed Research Views And Pending Saltchuk Deal Will Shape Earnings Risk Balance

Analysts have nudged their price target for Great Lakes Dredge & Dock slightly higher to $17.80 from $17.60, reflecting updated assumptions around discount rates, revenue growth, profit margins and future P/E after a mix of recent downgrades along with a fresh bullish initiation on the stock. Analyst Commentary Recent Street research on Great Lakes Dredge & Dock has been mixed, with a fresh bullish initiation at JPMorgan set against a couple of downgrades from other firms.
Narrativ-Update Feb 10

GLDD: Updated Research Support And Risk View Will Shape Steadier Earnings Outlook

Analysts have nudged their blended price target for Great Lakes Dredge & Dock up from US$17.00 to about US$17.60. They cite recent research that points to modestly higher revenue growth expectations, a slightly lower discount rate, and a somewhat richer future P/E assumption supporting their updated view.
Seeking Alpha Jan 28

Great Lakes Dredge & Dock Corporation: Solid Setup With Visible Earnings Growth

Summary Great Lakes Dredge & Dock Corporation is rated Buy, driven by strong revenue visibility, a high-quality backlog, and margin expansion catalysts. GLDD’s $1.1 billion effective backlog covers 15 months of revenue, with 84% in higher-margin capital dredging and coastal protection projects. Fleet renewal is improving margins and efficiency, with new vessels already expanding gross margin by over 300 bps year-over-year in Q3 2025. Offshore wind, anchored by a fully contracted vessel for 2026, diversifies GLDD’s revenue and provides incremental, higher-margin earnings. Read the full article on Seeking Alpha
Narrativ-Update Jan 26

GLDD: Updated Outlook And Buyback Completion Will Support Steadier Future Earnings

Analysts have raised their price target on Great Lakes Dredge & Dock from US$16 to US$17, citing updated assumptions around revenue growth, profit margins and future P/E that they view as better aligned with the company’s current outlook. Analyst Commentary Bullish Takeaways Bullish analysts point to the updated revenue and margin assumptions as better aligned with the company’s current project pipeline, which they see as supportive of the higher P/E framework used in the new US$17 target.
Analyseartikel Jan 16

At US$15.44, Is It Time To Put Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) On Your Watch List?

Great Lakes Dredge & Dock Corporation ( NASDAQ:GLDD ), is not the largest company out there, but it received a lot of...
Narrativ-Update Jan 11

GLDD: Steady Assumptions And Buyback Execution Will Support Future Cash Flows

Analysts have reaffirmed their price target on Great Lakes Dredge & Dock at US$16.00, citing largely unchanged assumptions around the discount rate, revenue growth, profit margins, and future P/E multiples that still support this valuation level. What's in the News Between July 1, 2025 and September 30, 2025, Great Lakes Dredge & Dock did not repurchase any shares under its existing buyback authorization (Key Developments).
Narrativ-Update Dec 24

GLDD: New Federal Dredging Awards Will Support Stronger Long Term Cash Flows

Analysts have nudged their price target for Great Lakes Dredge & Dock modestly higher to approximately $16.00 per share. This reflects slightly improved long term growth, profitability, and discount rate assumptions in their valuation models.
Analyseartikel Dec 12

We Think Great Lakes Dredge & Dock (NASDAQ:GLDD) Is Taking Some Risk With Its Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Narrativ-Update Dec 10

GLDD: New Federal Dredging Awards Will Drive Long Term Cash Flow Visibility

Analysts have nudged their price target on Great Lakes Dredge & Dock higher to $16.00, reflecting modestly lower perceived risk and slightly stronger long term growth expectations despite a small trim to projected profit margins. What's in the News Completed a share repurchase program totaling 1,312,493 shares, representing 1.94% of shares outstanding for $11.59 million under the buyback announced March 14, 2025 (company buyback update).
Narrativ-Update Nov 26

GLDD: Recent $130 Million Contract Wins Will Drive Continued Fleet Expansion

Analysts have maintained their price target for Great Lakes Dredge & Dock at $16.00. They cite stable valuation assumptions, despite minor adjustments to growth and margin forecasts.
Narrativ-Update Nov 12

GLDD: Strong Public Contracts Will Drive 200-Vessel Fleet Expansion Forward

Analysts have raised their price target for Great Lakes Dredge & Dock from $15.00 to $16.00. They cite stronger growth prospects and improved profit margins, which are supported by both public and private sector demand.
Analyseartikel Aug 08

Results: Great Lakes Dredge & Dock Corporation Exceeded Expectations And The Consensus Has Updated Its Estimates

NasdaqGS:GLDD 1 Year Share Price vs Fair Value Explore Great Lakes Dredge & Dock's Fair Values from the Community and...
Analyseartikel Aug 02

Should You Be Adding Great Lakes Dredge & Dock (NASDAQ:GLDD) To Your Watchlist Today?

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analyseartikel May 13

Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) Surges 25% Yet Its Low P/E Is No Reason For Excitement

Great Lakes Dredge & Dock Corporation ( NASDAQ:GLDD ) shareholders are no doubt pleased to see that the share price has...
Analyseartikel May 09

Results: Great Lakes Dredge & Dock Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts

Great Lakes Dredge & Dock Corporation ( NASDAQ:GLDD ) investors will be delighted, with the company turning in some...
Analyseartikel May 01

Increases to CEO Compensation Might Be Put On Hold For Now at Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD)

Key Insights Great Lakes Dredge & Dock to hold its Annual General Meeting on 8th of May CEO Lasse Petterson's total...
Seeking Alpha Feb 28

Great Lakes Dredge & Dock: Recent Correction Not Yet A Buying Opportunity

Summary Great Lakes Dock & Dredge sold off recently due to mixed earnings and concerns about future government spending cuts. The company has had challenges around long-term revenue growth, profitability, and weak cash flows. Large investments in new assets have delivered uneven returns. Given the recent overreaction in stock price, I rate GLDD as a hold. But I am skeptical about the longer-term investment case. Read the full article on Seeking Alpha
Analyseartikel Feb 19

Benign Growth For Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) Underpins Stock's 25% Plummet

The Great Lakes Dredge & Dock Corporation ( NASDAQ:GLDD ) share price has fared very poorly over the last month...
Analyseartikel Feb 11

These 4 Measures Indicate That Great Lakes Dredge & Dock (NASDAQ:GLDD) Is Using Debt Extensively

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analyseartikel Jan 20

What Is Great Lakes Dredge & Dock Corporation's (NASDAQ:GLDD) Share Price Doing?

Great Lakes Dredge & Dock Corporation ( NASDAQ:GLDD ), might not be a large cap stock, but it saw significant share...
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Neues Narrativ Sep 24

Modernizing Fleet And Diversifying Into Offshore Wind Fuels Robust Growth Prospects

Strategic fleet modernization and diversification into the offshore wind market are poised to enhance operational efficiency and open new revenue streams.
Analyseartikel Sep 20

Cautious Investors Not Rewarding Great Lakes Dredge & Dock Corporation's (NASDAQ:GLDD) Performance Completely

There wouldn't be many who think Great Lakes Dredge & Dock Corporation's ( NASDAQ:GLDD ) price-to-sales (or "P/S...
Seeking Alpha Sep 18

Great Lakes Dredge & Dock: Good Near And Long-Term Growth Prospects

Summary Great Lakes Dredge & Dock Corporation (GLDD) has strong growth prospects due to a healthy backlog, robust bidding activity, and federal infrastructure funding support. The company's revenue growth is driven by high-margin capital dredging projects, increasing offshore wind market demand, and diversification into adjacent markets. Margins are expected to improve due to cost-saving measures, favorable project mix, and fleet upgrades, enhancing operational efficiency. GLDD is trading at a discount to its historical P/E average, presenting a buy opportunity as the stock is poised for further re-rating. Read the full article on Seeking Alpha
Analyseartikel Aug 28

Some Investors May Be Worried About Great Lakes Dredge & Dock's (NASDAQ:GLDD) Returns On Capital

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analyseartikel Aug 08

Is Now An Opportune Moment To Examine Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD)?

Great Lakes Dredge & Dock Corporation ( NASDAQ:GLDD ), might not be a large cap stock, but it led the NASDAQGS gainers...
Seeking Alpha Jun 27

Great Lakes Dredge & Dock: Another Look At This Infrastructure Play

Summary Today, we take another look at the largest dredging outfit in North America, Great Lakes Dredge & Dock, headquartered in Houston, TX. The company is benefiting from all the funding provided by congress in recent years for infrastructure projects. The stock has moved up some 30% since the company handily beat both top and bottom-line expectations with its first quarter numbers. Where do the shares go from here?  An updated analysis follows in the paragraphs below. Read the full article on Seeking Alpha
Analyseartikel May 21

Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) Stock Rockets 27% But Many Are Still Ignoring The Company

Great Lakes Dredge & Dock Corporation ( NASDAQ:GLDD ) shares have had a really impressive month, gaining 27% after a...
Analyseartikel May 03

We Discuss Why Great Lakes Dredge & Dock Corporation's (NASDAQ:GLDD) CEO Compensation May Be Closely Reviewed

Key Insights Great Lakes Dredge & Dock's Annual General Meeting to take place on 9th of May Total pay for CEO Lasse...
Analyseartikel Apr 17

Great Lakes Dredge & Dock (NASDAQ:GLDD) Will Want To Turn Around Its Return Trends

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Amongst...
Seeking Alpha Feb 24

Great Lakes Dredge & Dock: A Good Opportunity With Minimal Downside Risk

Summary GLDD recently posted improved financial results for Q4 FY23, with increased contract revenues and improved margins. Despite lower annual revenue in FY23 compared to FY22, profitability improved significantly due to cost reduction actions. Technical analysis suggests that now is a good time to accumulate the stock, as it is trading near strong support levels and shows potential for a trend change. Read the full article on Seeking Alpha
Analyseartikel Feb 15

A Piece Of The Puzzle Missing From Great Lakes Dredge & Dock Corporation's (NASDAQ:GLDD) 27% Share Price Climb

Despite an already strong run, Great Lakes Dredge & Dock Corporation ( NASDAQ:GLDD ) shares have been powering on, with...
Analyseartikel Jan 26

Great Lakes Dredge & Dock (NASDAQ:GLDD) Has Debt But No Earnings; Should You Worry?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analyseartikel Sep 11

Is Great Lakes Dredge & Dock (NASDAQ:GLDD) Weighed On By Its Debt Load?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Analyseartikel May 04

Is Great Lakes Dredge & Dock (NASDAQ:GLDD) Weighed On By Its Debt Load?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...

Analyse der Geschäftsführervergütung

Wie hat sich die Vergütung von Lasse Petterson im Vergleich zu den Einnahmen von Great Lakes Dredge & Dock verändert?
DatumGesamtvergütungGehaltUnternehmensgewinne
Dec 31 2025n/an/a

US$73m

Sep 30 2025n/an/a

US$81m

Jun 30 2025n/an/a

US$72m

Mar 31 2025n/an/a

US$70m

Dec 31 2024US$5mUS$816k

US$57m

Sep 30 2024n/an/a

US$59m

Jun 30 2024n/an/a

US$44m

Mar 31 2024n/an/a

US$38m

Dec 31 2023US$3mUS$785k

US$14m

Sep 30 2023n/an/a

-US$39m

Jun 30 2023n/an/a

-US$43m

Mar 31 2023n/an/a

-US$48m

Dec 31 2022US$4mUS$785k

-US$34m

Sep 30 2022n/an/a

US$22m

Jun 30 2022n/an/a

US$46m

Mar 31 2022n/an/a

US$52m

Dec 31 2021US$3mUS$755k

US$49m

Sep 30 2021n/an/a

US$35m

Jun 30 2021n/an/a

US$34m

Mar 31 2021n/an/a

US$41m

Dec 31 2020US$3mUS$725k

US$66m

Sep 30 2020n/an/a

US$70m

Jun 30 2020n/an/a

US$67m

Mar 31 2020n/an/a

US$69m

Dec 31 2019US$4mUS$700k

US$56m

Vergütung im Vergleich zum Markt: LasseDie Gesamtvergütung ($USD4.57M) liegt über dem Durchschnitt von Unternehmen ähnlicher Größe auf dem Markt US ($USD3.71M).

Entschädigung vs. Einkommen: LasseDie Bezüge der Mitarbeiter sind im vergangenen Jahr um mehr als 20 % gestiegen.


Geschäftsführer

Lasse Petterson (69 yo)

8.9yrs
Amtszeit
US$4,570,358
Vergütung

Mr. Lasse J. Petterson has been the Chief Executive Officer of Great Lakes Dredge & Dock Corporation since May 2, 2017 and has been its President since March 2020. He is the President of Great Lakes Dredge...


Führungsteam

NamePositionAmtszeitVergütungEigentümerschaft
Lasse Petterson
CEO, President & Director8.9yrsUS$4.57m1.35%
$ 15.4m
Scott Kornblau
Senior VP & CFO4.5yrsUS$1.99m0.090%
$ 1.0m
Vivienne Schiffer
Senior VP5.3yrsUS$1.20m0.069%
$ 782.7k
Christopher Gunsten
Senior Vice President of Project Services & Fleet Engineering4.5yrsUS$1.49m0.086%
$ 977.8k
Ryan Bayer
VP & Chief Accounting Officer2.7yrskeine Daten0.012%
$ 139.4k
Trond Ellefsen
VP and Chief Technology & Information Security Officer3.3yrskeine Datenkeine Daten
Eric Birge
Vice President of Investor Relations and Financeless than a yearkeine Datenkeine Daten
Robert Worrell
Vice President of Human Resources & Labor Relationsno datakeine Datenkeine Daten
Steven Becker
Senior Vice President of Fleet Engineering20.3yrskeine Datenkeine Daten
William Hanson
Senior Vice President of Market Development6.1yrsUS$536.20k0.077%
$ 871.5k
Eleni Beyko
Senior Vice President of Offshore Energy5.3yrsUS$847.84k0.086%
$ 974.7k
Lynn Nietfeld
Senior Vice President of East Coast Regionno datakeine Datenkeine Daten
4.9yrs
Durchschnittliche Betriebszugehörigkeit
61yo
Durchschnittliches Alter

Erfahrenes Management: GLDDDas Führungsteam des Unternehmens gilt als erfahren (4.9 Jahre durchschnittliche Betriebszugehörigkeit).


Vorstandsmitglieder

NamePositionAmtszeitVergütungEigentümerschaft
Lasse Petterson
CEO, President & Director9.3yrsUS$4.57m1.35%
$ 15.4m
Lawrence Dickerson
Independent Chairman9.3yrsUS$274.62k0.13%
$ 1.5m
Kathleen Shanahan
Independent Director7.9yrsUS$173.42k0.11%
$ 1.3m
Earsel Shipp
Independent Director4.8yrsUS$169.00k0.064%
$ 724.5k
Ronald Steger
Independent Director7.9yrsUS$189.00k0.031%
$ 346.8k
Dana Armstrong
Independent Director1.3yrskeine Daten0.013%
$ 143.4k
7.9yrs
Durchschnittliche Betriebszugehörigkeit
68.5yo
Durchschnittliches Alter

Erfahrener Vorstand: GLDDDie Vorstandsmitglieder gelten als erfahren (7.9 Jahre durchschnittliche Amtszeit).


Unternehmensanalyse und Finanzdaten Status

DatenZuletzt aktualisiert (UTC-Zeit)
Unternehmensanalyse2026/04/02 10:13
Aktienkurs zum Tagesende2026/03/31 00:00
Gewinne2025/12/31
Jährliche Einnahmen2025/12/31

Datenquellen

Die in unserer Unternehmensanalyse verwendeten Daten stammen von S&P Global Market Intelligence LLC. Die folgenden Daten werden in unserem Analysemodell verwendet, um diesen Bericht zu erstellen. Die Daten sind normalisiert, was zu einer Verzögerung bei der Verfügbarkeit der Quelle führen kann.

PaketDatenZeitrahmenBeispiel US-Quelle *
Finanzdaten des Unternehmens10 Jahre
  • Gewinn- und Verlustrechnung
  • Kapitalflussrechnung
  • Bilanz
Konsensschätzungen der Analysten+3 Jahre
  • Finanzielle Vorausschau
  • Kursziele der Analysten
Marktpreise30 Jahre
  • Aktienkurse
  • Dividenden, Splits und Aktionen
Eigentümerschaft10 Jahre
  • Top-Aktionäre
  • Insiderhandel
Verwaltung10 Jahre
  • Das Führungsteam
  • Direktorium
Wichtige Entwicklungen10 Jahre
  • Ankündigungen des Unternehmens

* Beispiel für US-Wertpapiere, für nicht-US-amerikanische Wertpapiere werden gleichwertige regulatorische Formulare und Quellen verwendet.

Sofern nicht anders angegeben, beziehen sich alle Finanzdaten auf einen Jahreszeitraum, werden aber vierteljährlich aktualisiert. Dies wird als Trailing Twelve Month (TTM) oder Last Twelve Month (LTM) Daten bezeichnet. Erfahren Sie mehr.

Analysemodell und Schneeflocke

Details des Analysemodells, das zur Erstellung dieses Berichts verwendet wurde, sind auf unserer GitHub-Seite verfügbar. Außerdem haben wir Leitfäden zur Nutzung unserer Berichte und Tutorials auf YouTube.

Erfahren Sie mehr über das Weltklasse-Team, das das Simply Wall St-Analysemodell entworfen und entwickelt hat.

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Unsere Branchen- und Sektionskennzahlen werden alle 6 Stunden von Simply Wall St berechnet. Details zu unserem Verfahren finden Sie auf Github.

Analysten-Quellen

Great Lakes Dredge & Dock Corporation wird von 5 Analysten beobachtet. 4 dieser Analysten hat die Umsatz- oder Gewinnschätzungen übermittelt, die als Grundlage für unseren Bericht dienen. Die von den Analysten übermittelten Daten werden im Laufe des Tages aktualisiert.

AnalystEinrichtung
Andrew KaplowitzBarclays
Jonathan TanwantengCJS Securities, Inc.
John RogersD.A. Davidson & Co.