HOUSTON, Nov. 26, 2025 (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 present at NobleCon21 - Noble Capital Markets’ Twenty First Annual Emerging Growth Equity Conference at Florida Atlantic University, Executive Education Complex, in Boca Raton, FL on Wednesday, December 3rd at 12:00 PM Ea ...

HOUSTON, Nov. 25, 2025 (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 the Company’s issuer credit rating has been upgraded to “B” from “B-” by S&P Global Ratings (“S&P”) with the outlook remaining stable. S&P based its ratings upgrade in part due to the Company’s improved revenues, earnings and expanding margins along with decreasing capital expenditures that wil ...

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today Nov. 19th:Great Lakes Dredge & Dock (GLDD) : This company, which is the largest provider of dredging services in the US conducting business to maintain and deepen shipping channels, reclaim land from the ocean, and renourish storm damaged coastline, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 7.8% over the last 60 days.Great ...

Core Points - Great Lakes Dredge & Dock Corporation has amended its Revolving Credit Facility, increasing it by $100 million to a total of $430 million and extending the maturity to October 2030 [1][2] - The company used the increased capacity to fully repay $100 million in second lien notes issued in 2024, resulting in significant interest savings [2][3] - The CFO highlighted that this amendment allows for an estimated annual interest saving of $6 million, with no debt maturities until 2029 and a weighted average interest rate below 6% [3] Company Overview - Great Lakes Dredge & Dock Corporation is the largest provider of dredging services in the U.S. and has a long history of significant international projects [4] - The company is expanding its core business into the offshore energy industry and operates a diverse fleet of approximately 200 specialized vessels [4] - Great Lakes has a strong safety culture, emphasizing employee safety through its Incident-and Injury-Free® (IIF®) safety management program [4]

Core Insights - Great Lakes Dredge & Dock Corporation (GLDD) has received seven new work awards totaling approximately $134 million, enhancing its revenue visibility through 2026 [1][2][3] Group 1: New Work Awards - The new awards include a significant $27.9 million maintenance project for the Mississippi River, which is federally funded and involves dredging for marsh development [3] - All seven projects were awarded in Q3 2025, contributing to the company's dredging backlog for 2025 [2][3] Group 2: Operational Stability - The company's operations are unaffected by the current government shutdown, as all projects in the backlog are fully funded [2] Group 3: Company Overview - Great Lakes Dredge & Dock Corporation specializes in dredging services in the US, including capital dredging for port expansions, coastal restoration, and land reclamation [4]

Core Viewpoint - Great Lakes Dredge & Dock Corporation has received seven work awards totaling over $130 million, enhancing its project backlog and revenue visibility through 2026 [1][9]. Project Summaries - The Mississippi River project involves dredging maintenance material to support marsh development, with a contract value of $27.9 million [1][8]. - The SAD Regional Harbor Dredging project focuses on maintenance dredging of navigation channels in North Carolina, valued at $26.9 million [2][8]. - The Baltimore Harbor project entails dredging near Chesapeake Bay, with a contract worth $25.5 million [3][8]. - The Delray Beach Renourishment project involves dredging near shore to deposit material on the beach, valued at $19.2 million [4][8]. - The East Rockaway Inlet project includes maintenance dredging with sand disposal to Rockaway Beach, worth $14.0 million [5][8]. - The McLellan-Kerr Arkansas River project aims to restore navigation channels, with a contract value of $11.7 million [6][8]. - The Indian River Inlet project involves dredging to construct a beach berm and dune system, valued at $8.7 million [7][8]. Company Overview - Great Lakes Dredge & Dock Corporation is the largest provider of dredging services in the U.S., with a history of completing significant international projects [10]. - The company operates a diverse fleet of approximately 200 specialized vessels and has a disciplined training program for engineers [10]. - Great Lakes emphasizes safety through its Incident-and Injury-Free® (IIF®) safety management program, integrated into its corporate culture [10].

Core Insights - Three stocks are highlighted with strong growth characteristics and buy ranks for investors to consider: Montrose Environmental Group, Micron Technology, and Great Lakes Dredge & Dock Montrose Environmental Group (MEG) - Provides environmental services primarily in the United States - Holds a Zacks Rank of 1 (Strong Buy) - Zacks Consensus Estimate for current year earnings has increased by 100% over the last 60 days - PEG ratio is 1.13 compared to the industry average of 5.11 - Possesses a Growth Score of A [1][2] Micron Technology (MU) - A leading global provider of semiconductor memory solutions - Holds a Zacks Rank of 1 (Strong Buy) - Zacks Consensus Estimate for current year earnings has increased by 35.1% over the last 60 days - PEG ratio is 0.33 compared to the industry average of 1.43 - Possesses a Growth Score of A [2][3] Great Lakes Dredge & Dock (GLDD) - Largest provider of dredging services in the US, focusing on maintaining and deepening shipping channels, land reclamation, and coastline renourishment - Holds a Zacks Rank of 1 (Strong Buy) - Zacks Consensus Estimate for current year earnings has increased by 6.3% over the last 60 days - PEG ratio is 0.97 compared to the industry average of 5.42 - Possesses a Growth Score of B [3][4]

Core Insights - The primary purpose of a business is to generate profits for reinvestment or shareholder rewards, with net profit margin being a key metric for measuring profitability [1][3] - A higher net profit margin indicates a company's efficiency in converting sales into profits and reflects its operational management [2][4] Net Profit Margin Analysis - Net profit margin is calculated as Net Profit/Sales * 100, representing the amount retained after all expenses [3] - A strong net profit margin attracts investors and skilled employees, providing a competitive edge over peers [4] Pros and Cons of Net Profit Margin - Net profit margin offers clarity on a company's business model, including pricing, cost structure, and efficiency, making it a preferred metric for investors [5] - However, the metric varies significantly across industries, and differences in accounting treatments can complicate comparisons [6] Investment Strategy - A healthy net profit margin and solid earnings per share (EPS) growth are crucial for maximizing returns [7] - Screening parameters include a net margin of at least 0%, positive EPS growth, and a broker rating of 1, indicating strong bullishness [8] Company Performance Highlights - InfuSystem Holdings (INFU), Century Aluminum Company (CENX), Remitly Global (RELY), and Great Lakes Dredge & Dock (GLDD) exhibit strong net margins and upward EPS revisions for 2025, all holding a Zacks Rank of 1 [9][10] - INFU's 2025 earnings estimate was revised upward by 160% to $0.26 per share, with an average surprise of 79.2% in recent quarters [11][12] - CENX's earnings estimate increased by 11.6% to $2.30 per share, with an average surprise of -15.4% [12][13] - RELY's earnings estimate rose by $0.03 to $0.12 per share, consistently beating estimates with an average surprise of 132.9% [13][14] - GLDD's earnings estimate increased by $0.06 to $1.02 per share, with an average surprise of 45.3% [15][16]

Core Insights - The recent rate cut by the Fed has led to increased optimism on Wall Street, with investors favoring profitable companies, although even profitable firms can face bankruptcy if cash flow is inconsistent [1][3] Cash Flow Importance - A company's resilience can be effectively assessed by its cash flow generation efficiency, which protects against market volatility and indicates proper profit allocation [2][3] - Healthy cash flow is crucial for a company's survival, growth, and success, providing flexibility for business decisions and investments [3][5] Cash Flow Analysis - Net cash flow is a key metric to determine how much actual money a company generates, as cash flows in and out of the business [4] - Positive cash flow signifies an increase in liquid assets, enabling a company to meet obligations, reinvest, and return wealth to shareholders, while negative cash flow indicates declining liquidity [5] Growth and Management Efficiency - Positive cash flow alone does not guarantee future growth; increasing cash flow is essential as it reflects management's efficiency and reduces reliance on external financing [6] Screening Parameters for Stocks - Stocks were screened for those with cash flow in the latest quarter at least equal to the 5-year average, indicating a positive trend [7] - Additional criteria included Zacks Rank 1, average broker rating of 1, current price of at least $5, and a VGM Score of B or better [8] Stock Recommendations - Century Aluminum Company (CENX) has seen an 11.7% increase in earnings estimates with a VGM Score of A [9][10] - Daktronics, Inc. (DAKT) has a 6.9% rise in fiscal 2026 earnings estimates and a VGM Score of B [9][11] - Great Lakes Dredge & Dock Corporation (GLDD) has a 6.3% upward revision in 2025 earnings estimates with a VGM Score of B [9][12] - NCS Multistage Holdings, Inc. (NCSM) has a significant 62% improvement in earnings outlook with a VGM Score of A [9][13]

Group 1: Montrose Environmental Group (MEG) - Montrose Environmental Group provides environmental services primarily in the United States and has a Zacks Rank of 1 (Strong Buy) [1] - The Zacks Consensus Estimate for its current year earnings has increased by 103.03% over the last 60 days [1] - The company has a PEG ratio of 1.22, significantly lower than the industry average of 5.09, and possesses a Growth Score of A [2] Group 2: Great Lakes Dredge & Dock (GLDD) - Great Lakes Dredge & Dock is the largest provider of dredging services in the US, focusing on maintaining and deepening shipping channels, land reclamation, and storm damage restoration [2] - The company also carries a Zacks Rank of 1 and has seen a 6.3% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - Great Lakes Dredge & Dock has a PEG ratio of 0.99 compared to the industry average of 5.07, and it has a Growth Score of B [3] Group 3: KT (KT) - KT provides a range of telecommunication services, including mobile telecommunications, telephone services, fixed-line, and VoIP [3] - The company holds a Zacks Rank of 1 and has experienced a 5.3% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [3] - KT has a PEG ratio of 0.14, which is lower than the industry average of 0.20, and it has a Growth Score of B [4]