NASDAQ:OIG

Orbital Infrastructure Group (OIG) Stock Forecast, Price & News

$0.17

+0.02 (+13.11%)

(As of 09/27/2023 ET)

Compare

Today's Range: $0.15
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$0.20
50-Day Range: $0.10
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$4.02
52-Week Range: $0.38
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$34.30

Volume: 54,257 shs
Average Volume: 50,786 shs
Market Capitalization: $799,882.50

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $60.00

Orbital Infrastructure Group MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 34,682.6% Upside
$60.00 Price Target
Short Interest: Healthy
2.32% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.21 out of 5 stars

3.5

Analyst's Opinion

Consensus Rating
Orbital Infrastructure Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $60.00, Orbital Infrastructure Group has a forecasted upside of 34,682.6% from its current price of $0.17.
Amount of Analyst Coverage
Orbital Infrastructure Group has received no research coverage in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
2.32% of the float of Orbital Infrastructure Group has been sold short.
Short Interest Ratio / Days to Cover
Orbital Infrastructure Group has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Orbital Infrastructure Group has recently decreased by 25.49%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Orbital Infrastructure Group does not currently pay a dividend.
Dividend Growth
Orbital Infrastructure Group does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for OIG.

0.0

News and Social Media Coverage

MarketBeat Follows
Only 2 people have added Orbital Infrastructure Group to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Orbital Infrastructure Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 2.58% of the stock of Orbital Infrastructure Group is held by insiders.
Percentage Held by Institutions
Only 15.14% of the stock of Orbital Infrastructure Group is held by institutions.

N/A

Earnings and Valuation

See Top Rated MarketRank™ Stocks Here

About Orbital Infrastructure Group (NASDAQ:OIG) Stock

Orbital Infrastructure Group, Inc. provides infrastructure services to customers in the electric power, telecommunications, and renewable industries. It engineers, designs, installs, upgrades, repairs, and maintains electric power transmission and distribution infrastructure, and substation facilities, as well as offers emergency restoration services; and provides drilled shaft foundation construction services to the electric transmission and substation, industrial, telecommunication, and disaster restoration market sectors. The company also offers engineering, design, construction, and maintenance services to the broadband and wireless telecommunication industries; enterprise solutions to the cable and telecommunication industries; and telecommunication services, such as various wireless service capabilities, as well as aerial installation, directional drilling, trenching, plowing, and missile crews for telecommunications, power, gas, water, CCTV, ATMS, and traffic signal cable installation. In addition, it provides engineering, procurement, and construction services that support the development of renewable energy generation focused on utility-scale solar construction. The company was formerly known as Orbital Energy Group, Inc. and changed its name to Orbital Infrastructure Group, Inc. in August 2022. Orbital Infrastructure Group, Inc. was incorporated in 1998 and is headquartered in Houston, Texas. On August 23, 2023, Orbital Infrastructure Group, Inc., along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas.

OIG Price History

30 days | 90 days | 365 days | Advanced Chart

OIG Stock News Headlines

September 19, 2023 | americanbankingnews.com

Orbital Infrastructure Group (NASDAQ:OIG) Shares Up 6.1%

August 28, 2023 | finance.yahoo.com

Orbital Infrastructure Group (OIG): A Smart Investment or a Value Trap? An In-Depth Exploration

September 28, 2023 | Micro-Cap Stock Trader (Ad)

U.S. drive to onshore battery supply chains could create big winners in lithium

Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons

August 28, 2023 | finance.yahoo.com

Orbital Infrastructure Group Inc (OIG): A Deep Dive into Its Performance Potential

August 24, 2023 | msn.com

Orbital Infrastructure Group files for Chapter 11 bankruptcy

August 23, 2023 | finance.yahoo.com

Orbital Infrastructure Group Inc. Intends to Enter into Purchase Agreements for the Sale of Front Line Power Construction and Gibson Technical Services and Files for Chapter 11 Protection

August 23, 2023 | msn.com

U.S. shares higher at close of trade; Dow Jones Industrial Average up 0.54%

August 23, 2023 | finance.yahoo.com

Orbital Infrastructure Group Inc's Performance Dilemma: A Deep Dive into the GF Score Analysis

September 28, 2023 | Micro-Cap Stock Trader (Ad)

U.S. drive to onshore battery supply chains could create big winners in lithium

Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons

August 23, 2023 | finance.yahoo.com

Orbital Infrastructure Group: A Potential Value Trap?

May 16, 2023 | finanznachrichten.de

Orbital Infrastructure Group, Inc.: Orbital Infrastructure Group Reports First Quarter 2023 Results

April 13, 2023 | benzinga.com

Orbital Infrastructure Stock (NASDAQ:OIG), Dividends

April 10, 2023 | finance.yahoo.com

Orbital Infrastructure Group Reports Full Year 2022 Results

January 27, 2023 | finance.yahoo.com

Orbital Infrastructure Group, Inc. (OIG)

January 21, 2023 | finance.yahoo.com

OEG Jan 2023 5.000 call

January 9, 2023 | ca.finance.yahoo.com

Orbital Infrastructure Group Inc (CIJ.MU)

November 16, 2022 | seekingalpha.com

Orbital Infrastructure Group, Inc. (OIG) Q3 2022 Earnings Call Transcript

November 14, 2022 | finance.yahoo.com

Orbital Infrastructure Q3 Results Disappoint Driven By Losses In Renewables Segment; Slashes FY22 Outlook

November 14, 2022 | apnews.com

Orbital Infrastructure Group: Q3 Earnings Snapshot

November 14, 2022 | finance.yahoo.com

Orbital Infrastructure Group Reports Third Quarter 2022 Results

November 8, 2022 | finance.yahoo.com

Orbital Infrastructure Group Schedules Third Quarter 2022 Conference Call for November 14 at 9:00 A.M. ET

November 2, 2022 | finance.yahoo.com

Orbital Infrastructure Group Provides Update on Full Year 2022 Outlook

September 29, 2022 | finance.yahoo.com

ORBITAL INFRASTRUCTURE GROUP PROVIDES RESOURCES AND SUPPORT TO ASSIST THOSE IMPACTED BY HURRICANE IAN

September 6, 2022 | seekingalpha.com

Orbital Infrastructure awarded multi-year electric distribution project

September 6, 2022 | finance.yahoo.com

Orbital Infrastructure Group Awarded a Multi-Year Electric Distribution Reconductor and Pole Replacement Project

September 3, 2022 | wsj.com

Orbital Infrastructure Group Inc.

August 31, 2022 | finance.yahoo.com

ORBITAL INFRASTRUCTURE GROUP, INC. LAUNCHES NEW WEBSITE

See More Headlines

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OIG Company Calendar

Last Earnings: 11/15/2021
Today: 9/28/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Engineering & Construction
Sub-Industry: N/A
Sector: Industrials
Current Symbol: NASDAQ:OIG
CUSIP: N/A
CIK: 1108967
Web: www.orbitalenergygroup.com
Phone: (832) 467-1420
Fax: 503-612-2385
Employees: 1,490
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $60.00
High Stock Price Forecast: $80.00
Low Stock Price Forecast: $40.00
Forecasted Upside/Downside: +34,682.6%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-276,190,000.00
Net Margins: -77.90%
Pretax Margin: -78.39%
Return on Equity: N/A
Return on Assets: -51.49%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.26
Quick Ratio: 0.25

Sales & Book Value

Annual Sales: $332.15 million
Price / Sales: 0.00
Cash Flow: $0.69 per share
Price / Cash Flow: 0.25
Book Value: ($36.75) per share
Price / Book: 0.00

Miscellaneous

Outstanding Shares: 4,637,000
Free Float: 4,517,000
Market Cap: $799,882.50
Optionable: Optionable
Beta: 1.18

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Key Executives

Mr. William J. Clough Esq. (Age 72)
Exec. Chairman, Pres & Chief Legal Officer
Comp: $1.06M

Mr. James Francis O'Neil III (Age 64)
Vice Chairman & CEO
Comp: $836.76k

Mr. Nicholas M. Grindstaff (Age 60)
CFO & COO of Energy Division
Comp: $1.33M

Ms. Deborah Moen
VP of Accounting & Corp. Sec.

Mr. Larry Rightmyer
Director of Admin. Services

Mr. Nicholas J. Clough (Age 43)
VP of Operations of Greenfield & Marketing Director

Mr. Daniel N. Ford (Age 44)
Exec. VP

Hon. La Doris Harris
Chief Diversity Officer

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

OIG Stock - Frequently Asked Questions

Should I buy or sell Orbital Infrastructure Group stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Orbital Infrastructure Group in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" OIG shares.
View OIG analyst ratings or view top-rated stocks.
What is Orbital Infrastructure Group's stock price forecast for 2023?: 1 analysts have issued 12-month price objectives for Orbital Infrastructure Group's shares. Their OIG share price forecasts range from $40.00 to $80.00. On average, they expect the company's stock price to reach $60.00 in the next year. This suggests a possible upside of 34,682.6% from the stock's current price.
View analysts price targets for OIG or view top-rated stocks among Wall Street analysts.
How have OIG shares performed in 2023?: Orbital Infrastructure Group's stock was trading at $7.88 at the start of the year. Since then, OIG shares have decreased by 97.8% and is now trading at $0.1725.
View the best growth stocks for 2023 here.
How were Orbital Infrastructure Group's earnings last quarter?: Orbital Infrastructure Group, Inc. (NASDAQ:OIG) released its quarterly earnings results on Monday, November, 15th. The company reported ($6.40) EPS for the quarter, missing the consensus estimate of ($4.00) by $2.40. The firm earned $30.92 million during the quarter. During the same period in the prior year, the company earned ($2.40) EPS.
When did Orbital Infrastructure Group's stock split?: Orbital Infrastructure Group's stock reverse split on Friday, April 21st 2023. The 1-40 reverse split was announced on Friday, April 21st 2023. The number of shares owned by shareholders was adjusted after the closing bell on Friday, April 21st 2023. An investor that had 100 shares of stock prior to the reverse split would have 3 shares after the split.
What is Orbital Infrastructure Group's stock symbol?: Orbital Infrastructure Group trades on the NASDAQ under the ticker symbol "OIG."

Who are Orbital Infrastructure Group's major shareholders?: Orbital Infrastructure Group's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Angelo Gordon & CO. L.P. (6.03%), GW Henssler & Associates Ltd. (1.53%), Cowen Prime Advisors LLC (0.96%), BlackRock Inc. (0.53%), Geode Capital Management LLC (0.35%) and Citadel Advisors LLC (0.00%). Insiders that own company stock include James F Oneil and Steve Cochennet.
View institutional ownership trends.
How do I buy shares of Orbital Infrastructure Group?: Shares of OIG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Orbital Infrastructure Group's stock price today?: One share of OIG stock can currently be purchased for approximately $0.17.
How much money does Orbital Infrastructure Group make?: Orbital Infrastructure Group (NASDAQ:OIG) has a market capitalization of $799,882.50 and generates $332.15 million in revenue each year.
How many employees does Orbital Infrastructure Group have?: The company employs 1,490 workers across the globe.
How can I contact Orbital Infrastructure Group?: Orbital Infrastructure Group's mailing address is 1924 ALDINE WESTERN, HOUSTON TX, 77038. The official website for the company is www.orbitalenergygroup.com. The company can be reached via phone at (832) 467-1420, via email at shurry@lhai.com, or via fax at 503-612-2385.

This page (NASDAQ:OIG) was last updated on 9/28/2023 by MarketBeat.com Staff

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Orbital Infrastructure Group (OIG) Stock Forecast, Price & News

Orbital Infrastructure Group MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Orbital Infrastructure Group (NASDAQ:OIG) Stock

OIG Price History

OIG Stock News Headlines

OIG Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

OIG Stock - Frequently Asked Questions

Overall MarketRank^™