Orion Group (NYSE:ORN) Updates 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) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 0.110-0.170 for the period, compared to the consensus earnings per share 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 Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. 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 report on Tuesday, June 10th. Wall Street Zen lowered Orion Group from a "buy" rating to a "hold" rating in a report on Saturday.

Orion Group Price Performance

ORN traded down $0.17 during trading on Monday, reaching $6.73. The stock had a trading volume of 188,761 shares, compared to its average volume of 416,732. The firm has a market capitalization of $267.42 million, a price-to-earnings ratio of 24.89, a price-to-earnings-growth ratio of 13.80 and a beta of 1.03. The company has a quick ratio of 1.37, a current ratio of 1.38 and a debt-to-equity ratio of 0.26. Orion Group has a 1-year low of $4.64 and a 1-year high of $9.95. The stock has a 50 day moving average of $8.57 and a two-hundred day moving average of $7.45.

Insider Activity at Orion Group

In other news, Director Austin J. Shanfelter sold 30,000 shares of the stock in a transaction on Friday, May 16th. The stock was sold at an average price of $8.67, for a total transaction of $260,100.00. Following the completion of the sale, the director owned 419,215 shares in the company, valued at approximately $3,634,594.05. This represents a 6.68% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 5.90% of the company's stock.

Institutional Investors Weigh In On Orion Group

Institutional investors and hedge funds have recently modified their holdings of the stock. AQR Capital Management LLC lifted its position in shares of Orion Group by 64.2% during the 1st quarter. AQR Capital Management LLC now owns 480,451 shares of the construction company's stock valued at $2,513,000 after acquiring an additional 187,819 shares during the last quarter. Empowered Funds LLC lifted its position in shares of Orion Group by 1.9% during the 1st quarter. Empowered Funds LLC now owns 119,720 shares of the construction company's stock valued at $626,000 after acquiring an additional 2,220 shares during the last quarter. Creative Planning acquired a new stake in Orion Group during the 2nd quarter valued at $202,000. Strs Ohio acquired a new stake in Orion Group during the 1st quarter valued at $175,000. Finally, NewEdge Advisors LLC raised its stake in 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. Institutional investors and hedge funds 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.