Great Lakes Dredge & Dock P/E 2024

Great Lakes Dredge & Dock P/E

12.25

Great Lakes Dredge & Dock Dividend yield

3.41 %

Ticker

GLDD

ISIN

US3906071093

WKN

A0LG02

As of May 31, 2024, Great Lakes Dredge & Dock's P/E ratio was 12.25, a -63.35% change from the 33.42 P/E ratio recorded in the previous year.

The Great Lakes Dredge & Dock P/E history

Great Lakes Dredge & Dock Aktienanalyse

What does Great Lakes Dredge & Dock do?

Great Lakes Dredge & Dock Corp. is a US-American company specialized in construction services in the water sector. It was founded in 1890 and is headquartered in Oak Brook, Illinois. The company employs around 1,400 employees and is listed on the NASDAQ stock exchange. The history of Great Lakes Dredge & Dock Corp. goes back almost 130 years. Since its founding, the company has carried out over 250 large dredging and coastal construction projects in the USA and internationally. This includes some of the largest projects such as dredging works on the Panama Canal, the Suez Canal, and the Houston Ship Channel. The business model of Great Lakes Dredge & Dock is to offer customers high-quality maritime technical services while ensuring environmental compatibility and sustainability in project execution. The company's customers include government authorities, private companies, and organizations planning and carrying out coastal and inland construction projects. The company offers a wide range of services, including deep foundation works, dredging, land reclamation, erosion protection, remediation of port facilities and rivers, ship sinking, salvage, and other marine construction projects. It also provides products needed during the construction of port facilities and shipping channels, such as sediment tanks, floating bodies, concrete road blocks, and other building blocks used in the construction of jetties, dams, and locks. Great Lakes Dredge & Dock operates in various segments, including dredging, environmental and remediation, infrastructure, and rivers and lakes. It is a leader in the marine dredging and cleaning industry and has a strong presence in North and South America as well as in the Middle East. The dredging division includes the construction of canals, port facilities, and other water engineering projects. The environmental and remediation division is dedicated to removing toxic substances from water and remediation of maritime sites. The infrastructure division focuses on the construction of bridges, roads, and other major infrastructure projects. The rivers and lakes division builds and repairs locks, jetties, dams, and other water management facilities. In recent years, Great Lakes Dredge & Dock has focused primarily on sustainability and environmental protection. The company has a strategic partnership with the American Association of Port Authorities. It ensures that the waste generated during construction projects is properly disposed of and that a high level of environmental protection is maintained in all construction projects. Great Lakes Dredge & Dock is a key player in the maritime technology sector and a leading company in the dredging and cleaning industry. Experienced and highly qualified employees, a wide range of services, and comprehensive quality management guarantee the trust of customers and the success of the company. Great Lakes Dredge & Dock ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Great Lakes Dredge & Dock's P/E Ratio

The Price to Earnings (P/E) Ratio of Great Lakes Dredge & Dock is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Great Lakes Dredge & Dock's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Great Lakes Dredge & Dock is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Great Lakes Dredge & Dock’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Great Lakes Dredge & Dock Stock

What is the price-to-earnings ratio of Great Lakes Dredge & Dock?

The price-earnings ratio of Great Lakes Dredge & Dock is currently 12.25.

How has the price-earnings ratio of Great Lakes Dredge & Dock changed compared to last year?

The price-to-earnings ratio of Great Lakes Dredge & Dock has increased by -63.35% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Great Lakes Dredge & Dock high compared to other companies?

Yes, the price-to-earnings ratio of Great Lakes Dredge & Dock is high compared to other companies.

How does an increase in the price-earnings ratio of Great Lakes Dredge & Dock affect the company?

An increase in the price-earnings ratio of Great Lakes Dredge & Dock would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Great Lakes Dredge & Dock affect the company?

A decrease in the price-earnings ratio of Great Lakes Dredge & Dock would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Great Lakes Dredge & Dock?

Some factors that influence the price-earnings ratio of Great Lakes Dredge & Dock are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Great Lakes Dredge & Dock pay?

Over the past 12 months, Great Lakes Dredge & Dock paid a dividend of 0.31 USD . This corresponds to a dividend yield of about 3.41 %. For the coming 12 months, Great Lakes Dredge & Dock is expected to pay a dividend of 0 USD.

What is the dividend yield of Great Lakes Dredge & Dock?

The current dividend yield of Great Lakes Dredge & Dock is 3.41 %.

When does Great Lakes Dredge & Dock pay dividends?

Great Lakes Dredge & Dock pays a quarterly dividend. This is distributed in the months of May, July, October, January.

How secure is the dividend of Great Lakes Dredge & Dock?

Great Lakes Dredge & Dock paid dividends every year for the past 2 years.

What is the dividend of Great Lakes Dredge & Dock?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Great Lakes Dredge & Dock located?

Great Lakes Dredge & Dock is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Great Lakes Dredge & Dock kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Great Lakes Dredge & Dock from 12/28/2012 amounting to 0.25 USD, you needed to have the stock in your portfolio before the ex-date on 12/19/2012.

When did Great Lakes Dredge & Dock pay the last dividend?

The last dividend was paid out on 12/28/2012.

What was the dividend of Great Lakes Dredge & Dock in the year 2023?

In the year 2023, Great Lakes Dredge & Dock distributed 0 USD as dividends.

In which currency does Great Lakes Dredge & Dock pay out the dividend?

The dividends of Great Lakes Dredge & Dock are distributed in USD.

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Andere Kennzahlen von Great Lakes Dredge & Dock

Our stock analysis for Great Lakes Dredge & Dock Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Great Lakes Dredge & Dock Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.