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 ...

Key Takeaways GLDD Q1 2025 gross margin expanded 570 bps year over year on large-scale, government-funded coastal projects. As of March 31, GLDD had $1 billion of backlog, with 95% tied to capital and coastal protection projects. Great Lakes stock soared 52.8% in the past three months, outperforming the industry growth of 35%.Great Lakes Dredge & Dock Corporation (GLDD) enjoys a competitive advantage for large-scale capital and coastal protection projects due to the requirements of certain specifications ...