Orion Group Holdings, Inc. (NYSE:ORN - Free Report) - Stock analysts at B. Riley lowered their FY2026 earnings per share estimates for Orion Group in a research note issued to investors on Wednesday, October 22nd. B. Riley analyst L. Burke now expects that the construction company will post earnings per share of ($0.05) for the year, down from their previous forecast of ($0.03). The consensus estimate for Orion Group's current full-year earnings is $0.06 per share.
Several other equities analysts have also weighed in on the company. Zacks Research lowered Orion Group from a "strong-buy" rating to a "hold" rating in a research note on Friday, August 15th. Weiss Ratings reiterated a "hold (c)" rating on shares of Orion Group in a research note on Wednesday, October 8th. Finally, Wall Street Zen downgraded Orion Group from a "buy" rating to a "hold" rating in a report on Saturday, August 9th. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $11.25.
Read Our Latest Research Report on ORN
Orion Group Stock Performance
Shares of ORN stock opened at $8.59 on Friday. Orion Group has a one year low of $4.64 and a one year high of $9.95. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.37 and a current ratio of 1.38. The company has a 50 day moving average price of $7.92 and a 200 day moving average price of $7.86. The firm has a market capitalization of $341.32 million, a price-to-earnings ratio of 31.81, a price-to-earnings-growth ratio of 16.84 and a beta of 1.16.
Orion Group (NYSE:ORN - Get Free Report) last posted its quarterly earnings data on Wednesday, September 20th. The construction company reported ($0.03) earnings per share (EPS) for the quarter. The business had revenue of $194.58 million for the quarter. Orion Group had a return on equity of 9.23% and a net margin of 1.25%.
Hedge Funds Weigh In On Orion Group
A number of hedge funds have recently added to or reduced their stakes in the business. OLD National Bancorp IN boosted its holdings in Orion Group by 20.7% in the third quarter. OLD National Bancorp IN now owns 16,047 shares of the construction company's stock worth $134,000 after purchasing an additional 2,751 shares during the period. State of Wyoming grew its position in shares of Orion Group by 419.6% during the 2nd quarter. State of Wyoming now owns 21,023 shares of the construction company's stock valued at $191,000 after buying an additional 16,977 shares during the last quarter. Wasatch Advisors LP bought a new stake in shares of Orion Group during the 2nd quarter valued at about $12,885,000. Man Group plc raised its position in shares of Orion Group by 152.0% during the 2nd quarter. Man Group plc now owns 48,340 shares of the construction company's stock worth $438,000 after purchasing an additional 29,157 shares during the period. Finally, Ameriprise Financial Inc. lifted its holdings in shares of Orion Group by 20.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 176,373 shares of the construction company's stock worth $1,600,000 after purchasing an additional 30,185 shares during the last quarter. Institutional investors and hedge funds own 70.25% of the company's stock.
About Orion Group
(
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Orion Group Holdings, Inc operates as a specialty construction company in the building, industrial, and infrastructure sectors in the United States, Alaska, Hawaii, Canada, and the Caribbean Basin. It operates in two segments, Marine and Concrete. The company provides marine construction services, including construction, restoration, dredging, maintenance, and repair of marine transportation facilities and pipelines, bridges and causeways, and marine environmental structures.
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