Orion Group Holdings, Inc. (NYSE:ORN) Given Average Recommendation of “Buy” by Brokerages

Orion Group Holdings, Inc. (NYSE:ORN) has received a consensus rating of “Buy” from the six brokerages that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $17.00.

ORN has been the topic of several recent analyst reports. Roth Mkm initiated coverage on Orion Group in a research report on Tuesday, February 10th. They set a “buy” rating and a $17.00 price target on the stock. DA Davidson increased their price objective on Orion Group from $13.00 to $15.00 and gave the company a “buy” rating in a report on Thursday, February 5th. JPMorgan Chase & Co. raised their target price on shares of Orion Group from $16.00 to $19.00 and gave the company an “overweight” rating in a research note on Friday. Wall Street Zen upgraded shares of Orion Group from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 2nd. Finally, Weiss Ratings raised shares of Orion Group from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, May 4th.

Insider Transactions at Orion Group

In other news, Director Quentin P. Jr. Smith sold 10,695 shares of the company’s stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $12.25, for a total value of $131,013.75. Following the sale, the director directly owned 90,659 shares of the company’s stock, valued at approximately $1,110,572.75. This represents a 10.55% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Austin J. Shanfelter sold 90,000 shares of the firm’s stock in a transaction dated Tuesday, March 10th. The shares were 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. This trade represents a 21.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 141,390 shares of company stock worth $1,832,825 in the last ninety days. Insiders own 5.70% of the company’s stock.

Institutional Trading of Orion Group

Several institutional investors and hedge funds have recently bought and sold shares of the business. Quarry LP acquired a new stake in shares of Orion Group in the third quarter valued at approximately $33,000. Comerica Bank increased its holdings in shares of Orion Group by 219.7% during the 3rd quarter. Comerica Bank now owns 5,183 shares of the construction company’s stock worth $43,000 after acquiring an additional 3,562 shares during the last quarter. Fifth Third Bancorp bought a new stake in Orion Group in the 1st quarter valued at $52,000. Susquehanna Fundamental Investments LLC acquired a new stake in Orion Group during the 3rd quarter valued at $86,000. Finally, Y Intercept Hong Kong Ltd acquired a new stake in Orion Group during the 3rd quarter valued at $87,000. Institutional investors own 70.25% of the company’s stock.

Orion Group Stock Down 3.2%

Shares of Orion Group stock traded down $0.49 during trading hours on Friday, reaching $14.99. 373,149 shares of the company’s stock were exchanged, compared to its average volume of 368,742. The stock has a market cap of $606.86 million, a P/E ratio of 71.39 and a beta of 1.39. The company has a 50 day moving average of $12.07 and a two-hundred day moving average of $11.53. The company has a current ratio of 1.41, a quick ratio of 1.40 and a debt-to-equity ratio of 0.43. Orion Group has a fifty-two week low of $6.44 and a fifty-two week high of $15.85.

Orion Group (NYSE:ORN) last released its earnings results on Tuesday, April 28th. The construction company reported $0.05 earnings per share (EPS) for the quarter. Orion Group had a return on equity of 4.44% and a net margin of 0.98%.The business had revenue of $216.30 million for the quarter, compared to the consensus estimate of $198.13 million. Orion Group has set its FY 2026 guidance at 0.360-0.420 EPS. On average, sell-side analysts forecast that Orion Group will post 0.23 EPS for the current fiscal year.

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.