Orion Group Holdings, Inc. (NYSE:ORN) Receives $16.25 Consensus PT from Brokerages

Shares of Orion Group Holdings, Inc. (NYSE:ORN) have been assigned a consensus recommendation of “Moderate Buy” from the six ratings firms that are currently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating, four have given a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among brokers that have covered the stock in the last year is $16.25.

ORN has been the subject of a number of recent analyst reports. DA Davidson increased their target price on shares of Orion Group from $13.00 to $15.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. Zacks Research upgraded shares of Orion Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 3rd. Weiss Ratings lowered shares of Orion Group from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, March 19th. B. Riley Financial lifted their target price on shares of Orion Group from $15.50 to $17.00 and gave the stock a “buy” rating in a research note on Thursday, March 5th. Finally, JPMorgan Chase & Co. started coverage on shares of Orion Group in a report on Thursday, January 22nd. They issued an “overweight” rating and a $16.00 target price on the stock.

Orion Group Stock Up 0.2%

Shares of NYSE:ORN opened at $10.90 on Friday. The firm has a market cap of $436.91 million, a P/E ratio of 218.02 and a beta of 1.15. Orion Group has a 12-month low of $4.64 and a 12-month high of $15.00. The business has a fifty day simple moving average of $12.36 and a 200 day simple moving average of $10.55. The company has a quick ratio of 1.35, a current ratio of 1.36 and a debt-to-equity ratio of 0.08.

Orion Group (NYSE:ORN) last released its quarterly earnings results on Wednesday, March 4th. The construction company reported $0.08 EPS for the quarter, beating analysts’ consensus estimates of $0.05 by $0.03. The firm had revenue of $233.22 million for the quarter, compared to analyst estimates of $222.42 million. Orion Group had a return on equity of 4.14% and a net margin of 0.29%.Orion Group has set its FY 2026 guidance at 0.360-0.420 EPS. Analysts predict that Orion Group will post 0.06 earnings per share for the current year.

Insider Transactions at Orion Group

In other news, Director Quentin P. Jr. Smith sold 10,695 shares of Orion Group stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $12.25, for a total value of $131,013.75. Following the completion of the sale, the director owned 90,659 shares in the company, valued at $1,110,572.75. The trade was a 10.55% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Austin J. Shanfelter sold 90,000 shares of the firm’s stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $12.17, for a total transaction of $1,095,300.00. Following the completion of the sale, the director owned 329,215 shares of the company’s stock, valued at $4,006,546.55. The trade was a 21.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 7.30% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Quarry LP acquired a new stake in Orion Group in the 3rd quarter valued at $33,000. Comerica Bank raised its holdings in Orion Group by 219.7% during the third quarter. Comerica Bank now owns 5,183 shares of the construction company’s stock worth $43,000 after buying an additional 3,562 shares during the last quarter. OpenArc Corporate Advisory LLC acquired a new position in Orion Group during the fourth quarter worth $100,000. Susquehanna Fundamental Investments LLC bought a new position in shares of Orion Group in the third quarter valued at $86,000. Finally, Police & Firemen s Retirement System of New Jersey grew its holdings in shares of Orion Group by 69.6% during the second quarter. Police & Firemen s Retirement System of New Jersey now owns 10,455 shares of the construction company’s stock valued at $95,000 after buying an additional 4,292 shares during the last quarter. 70.25% of the stock is owned by institutional investors and hedge funds.

About Orion Group

Orion Group (NYSE:ORN) is a global provider of specialized staffing and workforce solutions, serving clients across the energy, industrial, and technical sectors. The company offers a range of services including engineering and technical recruitment, information technology staffing, and comprehensive workforce management. Orion Group focuses on delivering qualified talent for complex projects, from exploration and production in the oil and gas industry to large-scale infrastructure and manufacturing initiatives.

Founded in 1972 and headquartered in Jacksonville, Florida, Orion Group has grown its operations to support projects in North America, Europe, the Middle East, and the Asia–Pacific region.