FY2024 EPS Estimates for Orion Group Holdings, Inc. (NYSE:ORN) Raised by Sidoti Csr

Orion Group Holdings, Inc. (NYSE:ORN) – Equities research analysts at Sidoti Csr raised their FY2024 earnings per share (EPS) estimates for shares of Orion Group in a research note issued on Friday, April 26th. Sidoti Csr analyst J. Romero now expects that the construction company will post earnings of $0.31 per share for the year, up from their prior estimate of $0.26. The consensus estimate for Orion Group’s current full-year earnings is $0.20 per share. Sidoti Csr also issued estimates for Orion Group’s Q2 2025 earnings at $0.04 EPS, Q4 2025 earnings at $0.37 EPS and FY2025 earnings at $0.53 EPS.

Several other equities analysts have also recently commented on the company. StockNews.com cut Orion Group from a “buy” rating to a “hold” rating in a research report on Friday. B. Riley restated a “buy” rating and set a $9.50 target price (up from $6.25) on shares of Orion Group in a research report on Thursday, March 14th.

Orion Group Price Performance

Orion Group stock opened at $7.42 on Monday. Orion Group has a 52 week low of $2.35 and a 52 week high of $9.84. The business has a 50-day simple moving average of $7.88 and a 200 day simple moving average of $6.07. The company has a quick ratio of 1.25, a current ratio of 1.33 and a debt-to-equity ratio of 0.36. The stock has a market cap of $240.72 million, a price-to-earnings ratio of -21.20, a PEG ratio of 1.56 and a beta of 0.70.

Orion Group (NYSE:ORN) last released its quarterly earnings data on Wednesday, April 24th. The construction company reported ($0.12) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.18) by $0.06. Orion Group had a negative return on equity of 4.14% and a negative net margin of 1.59%. The company had revenue of $160.67 million for the quarter, compared to analyst estimates of $174.75 million.

Insider Transactions at Orion Group

In other news, EVP Edward Chipman Earle acquired 8,000 shares of the business’s stock in a transaction dated Monday, March 4th. The stock was purchased at an average cost of $6.88 per share, for a total transaction of $55,040.00. Following the acquisition, the executive vice president now owns 69,602 shares of the company’s stock, valued at $478,861.76. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In related news, CEO Travis J. Boone bought 12,000 shares of the stock in a transaction dated Monday, March 4th. The stock was bought at an average price of $7.01 per share, with a total value of $84,120.00. Following the purchase, the chief executive officer now owns 402,557 shares in the company, valued at approximately $2,821,924.57. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Edward Chipman Earle bought 8,000 shares of the stock in a transaction dated Monday, March 4th. The stock was bought at an average cost of $6.88 per share, with a total value of $55,040.00. Following the purchase, the executive vice president now owns 69,602 shares in the company, valued at approximately $478,861.76. The disclosure for this purchase can be found here. In the last three months, insiders bought 22,430 shares of company stock worth $156,340. 7.30% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of ORN. AMH Equity Ltd raised its position in Orion Group by 518.8% during the 3rd quarter. AMH Equity Ltd now owns 1,856,399 shares of the construction company’s stock valued at $9,950,000 after purchasing an additional 1,556,399 shares during the last quarter. EAM Investors LLC bought a new position in Orion Group during the 3rd quarter valued at approximately $2,305,000. G2 Investment Partners Management LLC raised its position in Orion Group by 715.1% during the 4th quarter. G2 Investment Partners Management LLC now owns 481,974 shares of the construction company’s stock valued at $2,381,000 after purchasing an additional 422,842 shares during the last quarter. Gendell Jeffrey L raised its position in Orion Group by 125.7% during the 3rd quarter. Gendell Jeffrey L now owns 654,811 shares of the construction company’s stock valued at $3,510,000 after purchasing an additional 364,680 shares during the last quarter. Finally, Acuitas Investments LLC bought a new position in Orion Group during the 3rd quarter valued at approximately $1,864,000. Institutional investors own 70.25% of the company’s stock.

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.