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Orion Group (ORN) Stock Price, News & Analysis

Orion Group logo
$7.71 +0.03 (+0.39%)
(As of 02:11 PM ET)

About Orion Group Stock (NYSE:ORN)

Key Stats

Today's Range
$7.46
$7.84
50-Day Range
$5.35
$8.91
52-Week Range
$4.41
$12.12
Volume
112,984 shs
Average Volume
415,090 shs
Market Capitalization
$299.93 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$13.25
Consensus Rating
Buy

Company Overview

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. Its marine transportation facility projects comprise cruise ship port facilities, private terminals, special-use navy terminals, recreational use marinas and docks, and other marine-based facilities, as well as building or rehabilitating public port facilities for container ship loading and unloading. The company also offers on-going maintenance and repair, inspection, emergency repair, and demolition and salvage services. Its marine pipeline service projects include the installation and removal of underwater buried pipeline transmission lines; the installation of pipeline intakes and outfalls for industrial facilities; the construction of pipeline outfalls for wastewater and industrial discharges; river crossing and directional drilling; the creation of hot taps and tie-ins; and inspection, maintenance, and repair services. The company's bridge and causeway projects include the construction, repair, and maintenance of overwater bridges and causeways, as well as the develops fendering systems in marine environments. The company also provides specialty services, such as design, salvage, demolition, surveying, towing, diving and underwater inspection, excavation, and repair services. In addition, it offers elevated concrete pouring for columns, elevated beams, and structural walls; and light commercial services comprising slabs, sidewalks, ramps, and tilt walls. The company was founded in 1994 and is headquartered in Houston, Texas.

Orion Group Stock Analysis - MarketRank™

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76th Percentile Overall Score

ORN MarketRank™: 

Orion Group scored higher than 76% of companies evaluated by MarketBeat, and ranked 53rd out of 100 stocks in the construction sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Orion Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Orion Group has received no research coverage in the past 90 days.

  • Read more about Orion Group's stock forecast and price target.
  • Earnings Growth

    Earnings for Orion Group are expected to grow by 211.11% in the coming year, from $0.09 to $0.28 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Orion Group is -19.27, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Orion Group is -19.27, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Growth Ratio

    Orion Group has a PEG Ratio of 3.44. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Orion Group has a P/B Ratio of 2.06. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    2.13% of the outstanding shares of Orion Group have been sold short.
  • Short Interest Ratio / Days to Cover

    Orion Group has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Orion Group has recently decreased by 24.85%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Orion Group does not currently pay a dividend.

  • Dividend Growth

    Orion Group does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    2.13% of the outstanding shares of Orion Group have been sold short.
  • Short Interest Ratio / Days to Cover

    Orion Group has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Orion Group has recently decreased by 24.85%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Orion Group has a news sentiment score of 1.72. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.79 average news sentiment score of Construction companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Orion Group this week, compared to 3 articles on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, Orion Group insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 7.30% of the stock of Orion Group is held by insiders.

  • Percentage Held by Institutions

    70.25% of the stock of Orion Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Orion Group's insider trading history.
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ORN Stock News Headlines

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Orion Group awarded three contracts for $111M
See More Headlines

ORN Stock Analysis - Frequently Asked Questions

Orion Group's stock was trading at $4.94 at the beginning of 2024. Since then, ORN shares have increased by 56.1% and is now trading at $7.71.
View the best growth stocks for 2024 here
.

Orion Group Holdings, Inc. (NYSE:ORN) posted its earnings results on Wednesday, July, 24th. The construction company reported ($0.16) EPS for the quarter, missing the consensus estimate of $0.03 by $0.19. The construction company had revenue of $192.17 million for the quarter, compared to analysts' expectations of $194.83 million. Orion Group had a negative net margin of 1.63% and a negative trailing twelve-month return on equity of 0.71%.

Top institutional shareholders of Orion Group include Portolan Capital Management LLC (5.10%), Royce & Associates LP (4.50%), Grace & White Inc. NY (3.02%) and Geode Capital Management LLC (1.74%). Insiders that own company stock include Austin J Shanfelter, Travis J Boone, Mary E Sullivan, Michael J Caliel, Gordon Scott Thanisch, Quentin P Jr Smith and Edward Chipman Earle.
View institutional ownership trends
.

Shares of ORN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Orion Group investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET), Jabil (JBL), Adobe (ADBE) and ServiceNow (NOW).

Company Calendar

Last Earnings
7/24/2024
Today
12/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Heavy construction, except building construction - contractors
Sub-Industry
Construction & Engineering
CUSIP
68628V30
Employees
2,450
Year Founded
1965

Price Target and Rating

Average Stock Price Target
$13.25
High Stock Price Target
$14.00
Low Stock Price Target
$12.50
Potential Upside/Downside
+72.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-17,880,000.00
Pretax Margin
-1.61%

Debt

Sales & Book Value

Annual Sales
$781.11 million
Cash Flow
$0.80 per share
Book Value
$3.74 per share

Miscellaneous

Free Float
36,061,000
Market Cap
$298.76 million
Optionable
Optionable
Beta
0.89

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This page (NYSE:ORN) was last updated on 12/23/2024 by MarketBeat.com Staff
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