Great Lakes Stock Trading at a Discount: Is It Buy Time Now?

Key Takeaways Great Lakes with a P/E ratio of 12.43x, below industry peers, offers an appealing entry point for investors. As of March 31, 2025, GLDD reported a $1 billion dredging backlog, with 95% of capital and coastal projects. 2025 EPS estimate of GLDD rose 39.1% to 96 cents in 60 days, with analysts showing consistent optimism.Great Lakes Dredge & Dock Corporation’s (GLDD) current valuation is enticing for investors. Currently, the stock is trading below its industry peers with a forward 12-month pr ...