What is B. Riley's Forecast for Orion Group FY2025 Earnings?

Orion Group Holdings, Inc. (NYSE:ORN - Free Report) - Stock analysts at B. Riley lowered their FY2025 earnings per share estimates for Orion Group in a research note issued to investors on Friday, November 1st. B. Riley analyst A. Rygiel now forecasts that the construction company will post earnings of $0.28 per share for the year, down from their previous forecast of $0.30. The consensus estimate for Orion Group's current full-year earnings is $0.03 per share.

Separately, StockNews.com raised shares of Orion Group from a "hold" rating to a "buy" rating in a research report on Friday.

Orion Group Stock Performance

Orion Group stock remained flat at $6.30 on Monday. The company's stock had a trading volume of 620,318 shares, compared to its average volume of 412,047. Orion Group has a fifty-two week low of $4.09 and a fifty-two week high of $12.12. The stock has a market capitalization of $210.24 million, a price-to-earnings ratio of -15.75, a P/E/G ratio of 8.15 and a beta of 0.80. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.32 and a current ratio of 1.35. The firm has a 50-day moving average of $6.16 and a two-hundred day moving average of $7.84.

Insider Buying and Selling at Orion Group

In other news, CEO Travis J. Boone acquired 3,700 shares of the business's stock in a transaction that occurred on Thursday, August 8th. The shares were bought at an average cost of $6.79 per share, with a total value of $25,123.00. Following the transaction, the chief executive officer now owns 488,719 shares of the company's stock, valued at $3,318,402.01. This trade represents a 0.00 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. In other news, CEO Travis J. Boone acquired 3,700 shares of the firm's stock in a transaction that occurred on Thursday, August 8th. The stock was bought at an average cost of $6.79 per share, for a total transaction of $25,123.00. Following the acquisition, the chief executive officer now directly owns 488,719 shares in the company, valued at approximately $3,318,402.01. The trade was a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Edward Chipman Earle bought 15,633 shares of the business's stock in a transaction on Friday, September 13th. The shares were acquired at an average price of $6.05 per share, for a total transaction of $94,579.65. Following the completion of the purchase, the executive vice president now owns 86,235 shares in the company, valued at approximately $521,721.75. The trade was a 0.00 % increase in their position. The disclosure for this purchase can be found here. Over the last 90 days, insiders purchased 23,453 shares of company stock worth $144,423. 7.30% of the stock is owned by insiders.

Institutional Investors Weigh In On Orion Group

Several large investors have recently bought and sold shares of ORN. Dimensional Fund Advisors LP boosted its holdings in shares of Orion Group by 2.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,882,898 shares of the construction company's stock valued at $17,907,000 after acquiring an additional 46,079 shares during the last quarter. Gendell Jeffrey L boosted its holdings in Orion Group by 25.2% in the first quarter. Gendell Jeffrey L now owns 819,566 shares of the construction company's stock worth $6,720,000 after purchasing an additional 164,755 shares during the last quarter. Russell Investments Group Ltd. boosted its holdings in Orion Group by 4.6% in the first quarter. Russell Investments Group Ltd. now owns 659,197 shares of the construction company's stock worth $5,405,000 after purchasing an additional 28,712 shares during the last quarter. American Century Companies Inc. grew its position in Orion Group by 311.9% in the 2nd quarter. American Century Companies Inc. now owns 453,461 shares of the construction company's stock worth $4,312,000 after purchasing an additional 343,368 shares during the period. Finally, Harbor Capital Advisors Inc. purchased a new stake in Orion Group during the 3rd quarter valued at $1,873,000. 70.25% of the stock is currently owned by institutional investors.

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.