Orion Group (NYSE:ORN) Shares Cross Above 200 Day Moving Average - What's Next?

Key Points

• Orion Group shares crossed above their 200‑day moving average (200‑day MA $10.83), trading as high as $11.84 and last at $11.7030 on volume ~187,896, suggesting bullish technical momentum.
• Several firms (DA Davidson, B. Riley, JPMorgan, Roth MKM, Wall Street Zen) have raised ratings/targets, leaving a consensus rating of "Moderate Buy" and a consensus price target of $16.25.
• Orion beat quarterly estimates with $0.08 EPS vs. $0.05 expected and $233.22M revenue vs. $222.42M, set FY2026 guidance of 0.360–0.420 EPS, but insiders sold roughly 100,695 shares in March, leaving insiders owning 5.70%.

Orion Group Holdings, Inc. (NYSE:ORN - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $10.83 and traded as high as $11.84. Orion Group shares last traded at $11.7030, with a volume of 187,896 shares trading hands.

Analyst Ratings Changes

A number of research firms have recently commented on ORN. DA Davidson upped their price objective on shares of Orion Group from $13.00 to $15.00 and gave the company a "buy" rating in a research note on Thursday, February 5th. B. Riley Financial boosted their target price on shares of Orion Group from $15.50 to $17.00 and gave the company a "buy" rating in a research report on Thursday, March 5th. JPMorgan Chase & Co. assumed coverage on shares of Orion Group in a research report on Thursday, January 22nd. They set an "overweight" rating and a $16.00 target price on the stock. Roth Mkm assumed coverage on shares of Orion Group in a research report on Tuesday, February 10th. They set a "buy" rating and a $17.00 target price on the stock. Finally, Wall Street Zen upgraded shares of Orion Group from a "hold" rating to a "buy" rating in a research report on Saturday, March 7th. Four research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $16.25.

Orion Group Stock Performance

The company has a debt-to-equity ratio of 0.08, a current ratio of 1.36 and a quick ratio of 1.35. The company's fifty day simple moving average is $12.17 and its two-hundred day simple moving average is $10.83. The stock has a market cap of $470.46 million, a price-to-earnings ratio of 234.06 and a beta of 1.25.

Orion Group (NYSE:ORN - Get Free Report) last released its quarterly earnings data on Wednesday, March 4th. The construction company reported $0.08 earnings per share for the quarter, topping the consensus estimate of $0.05 by $0.03. Orion Group had a net margin of 0.29% and a return on equity of 4.14%. The firm had revenue of $233.22 million for the quarter, compared to the consensus estimate of $222.42 million. Orion Group has set its FY 2026 guidance at 0.360-0.420 EPS. On average, analysts forecast that Orion Group Holdings, Inc. will post 0.06 earnings per share for the current year.

Insider Buying and Selling at Orion Group

In other Orion Group news, Director Austin J. Shanfelter sold 90,000 shares of the company's stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $12.17, for a total transaction of $1,095,300.00. Following the transaction, the director owned 329,215 shares in the company, valued at approximately $4,006,546.55. This represents a 21.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Quentin P. Jr. Smith sold 10,695 shares of the company's stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $12.25, for a total transaction of $131,013.75. Following the transaction, the director owned 90,659 shares in the company, valued at approximately $1,110,572.75. The trade was a 10.55% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 5.70% of the company's stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Allspring Global Investments Holdings LLC acquired a new position in Orion Group during the fourth quarter worth $2,977,000. CenterBook Partners LP raised its holdings in shares of Orion Group by 27.0% in the third quarter. CenterBook Partners LP now owns 541,511 shares of the construction company's stock valued at $4,505,000 after purchasing an additional 114,986 shares during the last quarter. FourThought Financial Partners LLC purchased a new stake in shares of Orion Group in the third quarter valued at about $336,000. Legato Capital Management LLC raised its holdings in shares of Orion Group by 62.0% in the fourth quarter. Legato Capital Management LLC now owns 145,050 shares of the construction company's stock valued at $1,442,000 after purchasing an additional 55,521 shares during the last quarter. Finally, GSA Capital Partners LLP raised its holdings in shares of Orion Group by 129.9% in the fourth quarter. GSA Capital Partners LLP now owns 106,863 shares of the construction company's stock valued at $1,062,000 after purchasing an additional 60,373 shares during the last quarter. Institutional investors and hedge funds own 70.25% of the company's stock.

About Orion Group

Orion Group NYSE: ORN is a global provider of specialized staffing and workforce solutions, serving clients across the energy, industrial, and technical sectors. The company offers a range of services including engineering and technical recruitment, information technology staffing, and comprehensive workforce management. Orion Group focuses on delivering qualified talent for complex projects, from exploration and production in the oil and gas industry to large-scale infrastructure and manufacturing initiatives.

Founded in 1972 and headquartered in Jacksonville, Florida, Orion Group has grown its operations to support projects in North America, Europe, the Middle East, and the Asia–Pacific region.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.