HOUSTON, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation ("Great Lakes" or the "Company") (NASDAQ: GLDD), the largest provider of dredging services in the United States, announced today the receipt of several dredging awards totaling $342.3 million. The awarded work includes: Sabine-Neches Waterway Channel Improvement, Contract 6 Project (Capital, Texas, $219.1 million) Canaveral Harbor Sand Bypass Project 5 (Coastal Protection, Florida, $40.6 million) Brigantine Inlet to Great Egg H ...

In the latest market close, Great Lakes Dredge & Dock (GLDD) reached $10.58, with a +0.86% movement compared to the previous day. The stock's change was more than the S&P 500's daily gain of 0.4%. Elsewhere, the Dow gained 0.62%, while the tech-heavy Nasdaq added 0.6%. The provider of dredging and dock-contracting services's shares have seen an increase of 5.43% over the last month, surpassing the Construction sector's gain of 2.56% and the S&P 500's gain of 1.71%. Investors will be eagerly watching for the ...

Great Lakes Dredge & Dock Corporation (GLDD) has been awarded a $219.1 million firm-fixed-price contract for the Sabine-Neches Waterway Channel Improvement Project by the U.S. Army Corps of Engineers, Jacksonville, FL. The project will be carried out in Port Arthur, TX. It is expected to be completed by March 2027. The U.S. Army Corps of Engineers in Galveston is managing the contract. On Sept. 23, the stock moved up 2.4% in the day trading session. Contract Wins to Strengthen Growth and Backlog for GLDD Gr ...

In the latest market close, Great Lakes Dredge & Dock (GLDD) reached $10.45, with a +1.26% movement compared to the previous day. This move outpaced the S&P 500's daily loss of 0.19%. Meanwhile, the Dow experienced a rise of 0.09%, and the technology-dominated Nasdaq saw a decrease of 0.36%. Shares of the provider of dredging and dock-contracting services have appreciated by 17.81% over the course of the past month, outperforming the Construction sector's gain of 8.17% and the S&P 500's gain of 2.06%. Analy ...

We focus on GARP (Growth at reasonable Price) opportunities in industrial, consumer, and technology sectors. Please click the "Follow" button to receive our latest research. If you have any questions, feel free to reach out to us through the comments section of our articles or SA messaging functionality. Ashish S. previously contributed with us but is currently contributing under a separate SA author profile Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the compan ...

While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy. The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock ali ...

For those looking to find strong Construction stocks, it is prudent to search for companies in the group that are outperforming their peers. Great Lakes Dredge & Dock (GLDD) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out. Great Lakes Dredge & Dock is a member of our Construction group, which includes 91 different companies and currently sits ...

Great Lakes Dredge & Dock (GLDD) ended the recent trading session at $9.44, demonstrating a +0.53% swing from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily gain of 1.07%. Meanwhile, the Dow experienced a rise of 0.31%, and the technology-dominated Nasdaq saw an increase of 2.17%. Coming into today, shares of the provider of dredging and dock-contracting services had gained 4.8% in the past month. In that same time, the Construction sector gained 2.28%, while the ...

HOUSTON, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation ("Great Lakes" or the "Company") (NASDAQ: GLDD), the largest provider of dredging services in the United States, announced today that its Senior Vice President and Chief Financial Officer, Scott Kornblau, will be presenting and hosting one-on-one meetings with investors at the Sidoti Small-Cap Virtual Investor Conference, taking place on Wednesday, September 18, 2024. The presentation will begin at 3:15 PM ET on Wednesday, Sep ...

The U.S. Labor Department's latest report revealed 142,000 new jobs were created last month, falling short of expectations and signaling a cooling labor market. Now, the attention turns to today's Consumer Price Index (CPI) inflation report. Markets are hoping for further progress on inflation. The CPI report could heavily influence the Federal Reserve's next move on interest rates. Most economists are expecting a 25-basis point (bps) rate cut on Sept.18. Having said that, given recent global economic volat ...