Orion Group (NYSE:ORN) Releases FY 2025 Earnings Guidance

Key Points

• Orion Group (NYSE:ORN) has issued FY 2025 earnings guidance with EPS estimates of 0.110-0.170, slightly below the consensus of 0.150, and revenue guidance of $800.0 million-$850.0 million compared to a consensus estimate of $822.7 million.
• Analysts have recently shown increased confidence in Orion Group, with B. Riley raising its price target from $9.00 to $11.50 and Wall Street Zen upgrading their rating from "hold" to "buy."
• Insider transactions have revealed a 6.68% decrease in ownership for Director Austin J. Shanfelter, who sold 30,000 shares at an average price of $8.67.

Orion Group (NYSE:ORN - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.110-0.170 for the period, compared to the consensus estimate of 0.150. The company issued revenue guidance of $800.0 million-$850.0 million, compared to the consensus revenue estimate of $822.7 million.

Analyst Ratings Changes

ORN has been the subject of several recent research reports. B. Riley reaffirmed a "buy" rating and issued a $11.50 price objective (up previously from $9.00) on shares of Orion Group in a research note on Tuesday, June 10th. Wall Street Zen raised shares of Orion Group from a "hold" rating to a "buy" rating in a research note on Friday, April 18th.

Orion Group Price Performance

ORN stock opened at $7.13 on Thursday. The firm has a 50 day moving average of $8.62 and a 200-day moving average of $7.48. The company has a current ratio of 1.38, a quick ratio of 1.37 and a debt-to-equity ratio of 0.26. The firm has a market capitalization of $283.19 million, a P/E ratio of 26.39, a price-to-earnings-growth ratio of 14.78 and a beta of 1.03. Orion Group has a 12 month low of $4.64 and a 12 month high of $9.95.

Insider Buying and Selling

In other news, Director Austin J. Shanfelter sold 30,000 shares of the stock in a transaction dated Friday, May 16th. The shares were sold at an average price of $8.67, for a total transaction of $260,100.00. Following the completion of the sale, the director directly owned 419,215 shares in the company, valued at approximately $3,634,594.05. This represents a 6.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 5.90% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. NewEdge Advisors LLC raised its position in shares of Orion Group by 55.7% during the 1st quarter. NewEdge Advisors LLC now owns 25,001 shares of the construction company's stock valued at $131,000 after purchasing an additional 8,945 shares during the period. Strs Ohio purchased a new position in shares of Orion Group in the first quarter valued at about $175,000. Empowered Funds LLC boosted its stake in shares of Orion Group by 1.9% in the first quarter. Empowered Funds LLC now owns 119,720 shares of the construction company's stock worth $626,000 after acquiring an additional 2,220 shares during the period. Finally, AQR Capital Management LLC grew its position in shares of Orion Group by 64.2% during the first quarter. AQR Capital Management LLC now owns 480,451 shares of the construction company's stock worth $2,513,000 after purchasing an additional 187,819 shares in the last quarter. Institutional investors own 70.25% of the company's stock.

About Orion Group

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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