Orion Group Holdings Company Profile (NYSE:ORN)

Orion Group Holdings trades on the New York Stock Exchange (NYSE) under the ticker symbol "ORN."

Orion Group Holdings, Inc. (NYSE:ORN) posted its quarterly earnings results on Thursday, August, 3rd. The company reported ($0.08) EPS for the quarter, missing the consensus estimate of $0.08 by $0.16. The business earned $137.40 million during the quarter, compared to analysts' expectations of $161.68 million. Orion Group Holdings had a negative net margin of 0.98% and a positive return on equity of 1.37%. Orion Group Holdings's revenue for the quarter was down 2.1% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.03) earnings per share. View Orion Group Holdings' Earnings History.

Orion Group Holdings is scheduled to release their next quarterly earnings announcement on Wednesday, November, 1st 2017. View Earnings Estimates for Orion Group Holdings.

3 brokerages have issued 1-year target prices for Orion Group Holdings' shares. Their predictions range from $7.00 to $10.00. On average, they anticipate Orion Group Holdings' share price to reach $8.33 in the next twelve months. View Analyst Ratings for Orion Group Holdings.

Here are some recent quotes from research analysts about Orion Group Holdings stock:

• 1. According to Zacks Investment Research, "Orion Group Holdings, Inc. is a construction company which provides services on and off the water primarily in the continental United States, Alaska, Canada and the Caribbean Basin. The company's operating segment consists of heavy civil marine construction segment and commercial concrete segment. Heavy civil marine construction segment services includes marine transportation facility construction, marine pipeline construction, marine environmental structures, dredging of waterways, channels and ports, environmental dredging, design and specialty services. Commercial concrete segment provides turnkey concrete construction services including pour and finish, dirt work, layout, forming, rebar and mesh across the light commercial, structural and other associated business areas. Orion Group Holdings, Inc., formerly known as Orion Marine Group Inc., is headquartered in Houston, Texas. " (7/6/2017)
• 2. Canaccord Genuity analysts commented, "We maintain a HOLD rating on ORN ahead of Q2, which we expect to be close on debt covenants. Nevertheless, better trends throughout the balance of the year should allow the company to deliver targeted 40% EBITDA growth." (5/5/2017)
• 3. FBR & Co analysts commented, "On May 4, Orion Group announced mixed 1Q results, including better-than- expected revenue, lower EBITDA, and an in-line loss per share on a gain on equipment sales. The marine construction segment was negatively impacted by customer-related delays, while the concrete segment had meaningful improvement in operating profit due to the timing and mix of projects. Backlog of $395 million increased 3% YOY with growth coming from the marine segment, and low bid awards subsequent to the end of the quarter were $41 million. The bids outstanding and bid pipeline remain strong across both of ORN’s segments. The company also acquired Tony Bagliore Concrete (TBC) in April, which generated $32 million in revenue in 2016. This acquisition expands Orion’s concrete services to Central Texas (Austin) and is expected to be neutral to slightly accretive to EPS in 2017. We are adjusting our estimates for 1Q results and the TBC acquisition, leaving 2017 EBITDA at $55 million and raising 2018 EBITDA to $67 million (from $65 million)." (5/5/2017)

Some companies that are related to Orion Group Holdings include USD Partners LP (USDP), Renew Holdings Plc (RNWH), Severfield PLC (SFR), Carillion plc (CLLN), Alumasc Group plc (ALU), Lakehouse PLC (LAKE), Formation Group plc (FRM), Henry Boot plc (BHY), Michael Baker Corp (BKR), Pike Corp (PIKE) and URS Corp (URS).

Orion Group Holdings' management team includes the folowing people:

• Mark R. Stauffer, President, Chief Executive Officer, Director
• Christopher J. DeAlmeida, Chief Financial Officer, Vice President, Treasurer
• Peter R. Buchler, Executive Vice President, Chief Administrative Officer, Chief Compliance Officer, General Counsel, Corporate Secretary
• Richard L. Daerr Jr., Non-Executive Independent Chairman of the Board
• J. Michael Pearson, Director
• Thomas N. Amonett, Independent Director
• Austin J. Shanfelter, Independent Director
• Gene G. Stoever CPA, Independent Director

Orion Group Holdings' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include RE Advisers Corp (8.17%), Dimensional Fund Advisors LP (6.98%), Vanguard Group Inc. (5.09%), Boston Partners (4.63%), State Street Corp (2.40%) and Russell Investments Group Ltd. (2.43%). Company insiders that own Orion Group Holdings stock include Christopher James Dealmeida, Gene G Stoever, Larry Dwayne Breaux and Mark R Stauffer. View Institutional Ownership Trends for Orion Group Holdings.

Orion Group Holdings' stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, JPMorgan Chase & Co., Nationwide Fund Advisors, Wells Fargo & Company MN, Thrivent Financial For Lutherans, Goldman Sachs Group Inc., Grace & White Inc. NY and KBC Group NV. Company insiders that have sold Orion Group Holdings stock in the last year include Christopher James Dealmeida and Larry Dwayne Breaux. View Insider Buying and Selling for Orion Group Holdings.

Orion Group Holdings' stock was bought by a variety of institutional investors in the last quarter, including Argent Capital Management LLC, Dimensional Fund Advisors LP, AJO LP, Russell Investments Group Ltd., TIAA CREF Investment Management LLC, Brandes Investment Partners LP, Algert Global LLC and Ameriprise Financial Inc.. View Insider Buying and Selling for Orion Group Holdings.

Shares of Orion Group Holdings can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Orion Group Holdings stock can currently be purchased for approximately $5.94.