Analyst initiated coverage on Great Lakes Dredge & Dock with a new price target
$GLDD
Military/Government/Technical
Industrials
Analyst initiated coverage of Great Lakes Dredge & Dock with a rating of Overweight and set a new price target of $20.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/26/2026 | $17.00 | Neutral → Underweight | Analyst |
| 2/12/2026 | Outperform → Market Perform | Noble Capital Markets | |
| 1/22/2026 | $20.00 | Overweight | Analyst |
4 - Great Lakes Dredge & Dock CORP (0001372020) (Issuer)
4 - Great Lakes Dredge & Dock CORP (0001372020) (Issuer)
4 - Great Lakes Dredge & Dock CORP (0001372020) (Issuer)
SEATTLE and HOUSTON, April 01, 2026 (GLOBE NEWSWIRE) -- Saltchuk Resources, Inc. (the "Offeror") and Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) (the "Company") today announced the results to date of the Offeror's previously-announced cash tender offer (the "Tender Offer") for any and all of the Company's outstanding 5.25% Senior Notes due 2029 (the "Notes"), and the related solicitation (the "Consent Solicitation") of consents (each a "Consent" and, collectively, the "Consents") from holders of the Notes (each, a "Holder" and, collectively, the "Holders") to amend certain provisions (the "Proposed Amendments") of the Company's indenture, dated as of May 25, 2021 (as supplemented f
SEATTLE and HOUSTON, April 01, 2026 (GLOBE NEWSWIRE) -- Saltchuk Resources, Inc. ("Saltchuk") today welcomed Great Lakes Dredge & Dock Corporation ("Great Lakes") as its newest wholly owned subsidiary. The transaction closed this morning for a purchase price of $17.00 per share in cash, and an enterprise value of approximately $1.5 billion. "We're proud to welcome Great Lakes to the Saltchuk family of companies," said Saltchuk Chairman Mark Tabbutt. "With Great Lakes, we have grown to nearly 10,000 team members united by a shared commitment: delivering safe, responsible, and reliable service to the communities we serve. We look forward to supporting Great Lakes' reinvestment and growth
HOUSTON and SEATTLE, March 18, 2026 (GLOBE NEWSWIRE) -- Saltchuk Resources, Inc. (the "Offeror") and Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) (the "Company") announced that the Offeror has commenced a cash tender offer (the "Tender Offer") for any and all of the Company's 5.25% Senior Notes due 2029 (the "Notes"). In conjunction with the Tender Offer, the Offeror is soliciting (the "Consent Solicitation") consents (each, a "Consent" and, collectively, the "Consents") from holders of the Notes (each, a "Holder" and, collectively, the "Holders") to amend certain provisions (the "Proposed Amendments") of the indenture, dated as of May 25, 2021 (as supplemented from time to time pr
EFFECT - Great Lakes Dredge & Dock CORP (0001372020) (Filer)
S-8 POS - Great Lakes Dredge & Dock CORP (0001372020) (Filer)
S-8 POS - Great Lakes Dredge & Dock CORP (0001372020) (Filer)
4 - Great Lakes Dredge & Dock CORP (0001372020) (Issuer)
Analyst downgraded Great Lakes Dredge & Dock from Neutral to Underweight and set a new price target of $17.00
Noble Capital Markets downgraded Great Lakes Dredge & Dock from Outperform to Market Perform
Analyst initiated coverage of Great Lakes Dredge & Dock with a rating of Overweight and set a new price target of $20.00
SC 13G/A - Great Lakes Dredge & Dock CORP (0001372020) (Subject)
SC 13G/A - Great Lakes Dredge & Dock CORP (0001372020) (Subject)
SC 13G/A - Great Lakes Dredge & Dock CORP (0001372020) (Subject)
Record full year revenue of $888.3 millionFull year net income of $73.5 million (Adjusted net income of $81.6 million)Record full year Adjusted EBITDA of $171.3 million HOUSTON, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation ("Great Lakes" or the "Company") (NASDAQ:GLDD), the largest provider of dredging services in the United States, today reported financial results for the fourth quarter and year ended December 31, 2025 and the signing of two international offshore energy contracts. Fourth Quarter 2025 Highlights Revenue was $256.5 millionTotal operating income was $32.6 millionNet income was $12.6 millionAdjusted net income was $20.7 millionAdjusted EBITDA w
HOUSTON, Feb. 10, 2026 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) today announced that it will release the financial results for its three and twelve months ended December 31, 2025, on Tuesday, February 17, 2026, at 7:00 a.m. C.S.T. A conference call with the Company will be held the same day at 9:00 a.m. C.S.T. Investors and analysts are encouraged to pre-register for the conference call by using the link below. Participants who pre-register will be given a unique PIN to gain immediate access to the call. Pre-registration may be completed at any time up to the call start time. To pre-register, go to https://register-conf.media-server.com/register/BI2c318ee40
Third quarter net income of $17.7 millionThird quarter Adjusted EBITDA of $39.3 millionDredging backlog of $934.5 million at September 30, 2025 HOUSTON, Nov. 04, 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, today reported financial results for the third quarter ended September 30, 2025. Third Quarter 2025 Highlights Revenue was $195.2 millionTotal operating income was $28.1 millionNet income was $17.7 millionAdjusted EBITDA was $39.3 millionDredging backlog as of September 30, 2025 was $934.5 million Management Commentary Lasse Petterson, President and Chi
HOUSTON and SEATTLE, Feb. 11, 2026 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation ("Great Lakes" or the "Company") (NASDAQ:GLDD), the largest provider of dredging services in the United States, and Saltchuk Resources, Inc. ("Saltchuk"), a privately owned family of diversified freight transportation, marine service, and energy distribution companies, today announced a definitive agreement for Saltchuk to acquire Great Lakes at an aggregate equity value of approximately $1.2 billion and a total transaction value of $1.5 billion. Under the terms of the agreement, which has been unanimously approved by the Board of Directors of both companies, Saltchuk will commence a tender offer
Ascent Industries Co. (NASDAQ:ACNT) ("Ascent" or the "Company"), an industrials company focused on the production and distribution of industrial tubular products and specialty chemicals, today announced the appointment of Bill Steckel as chief financial officer, effective today. He succeeds Aaron Tam, who has resigned as CFO. Mr. Steckel brings to Ascent more than two decades of extensive experience in operational finance, financial planning and analysis and treasury across a wide range of industries, as well as expertise in capital markets and M&A. Prior to joining Ascent, he spent over five years in multiple CFO assignments for manufacturing, distribution and technology companies. Durin
HOUSTON, June 23, 2022 (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 Chief Operating Officer, David E. Simonelli, will retire effective September 16, 2022. After his retirement, he will provide consulting services to the Company. Mr. Simonelli, who has spent forty-four years with Great Lakes, became the President of the Company's Dredging Division in 2010, and Chief Operating Officer in 2018. His commitment to project and employee safety, environmental protection, and successful project completion has contributed significantly to the Company's