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Is Great Lakes Dredge & Dock Quietly Winning the Coastal Spend Boom?
ZACKS· 2025-12-26 15:11
Key Takeaways GLDD's $934.5M backlog's 84% is tied to capital and coastal protection projects, signaling strong demand.Great Lakes Dredge & Dock expanded its modern fleet with Amelia Island and plans Acadia delivery in 2026.GLDD shares are up 13.5% in three months while trading at a discounted forward P/E versus industry peers.Great Lakes Dredge & Dock Corporation (GLDD) is gaining from the mid and long-term opportunities laid out because of the accelerated coastal and port infrastructure spending in the Un ...