Sidoti Csr Brokers Lift Earnings Estimates for Orion Group

Orion Group Holdings, Inc. (NYSE:ORN) – Sidoti Csr upped their Q2 2025 EPS estimates for Orion Group in a research note issued on Monday, March 17th. Sidoti Csr analyst J. Romero now forecasts that the construction company will post earnings per share of ($0.09) for the quarter, up from their previous estimate of ($0.10). The consensus estimate for Orion Group’s current full-year earnings is $0.06 per share.

Orion Group (NYSE:ORN) last posted its quarterly earnings results on Tuesday, March 4th. The construction company reported $0.16 EPS for the quarter, beating the consensus estimate of $0.15 by $0.01. Orion Group had a negative return on equity of 0.71% and a negative net margin of 1.63%. The firm had revenue of $216.88 million during the quarter, compared to analysts’ expectations of $271.70 million. During the same quarter in the prior year, the firm posted $0.08 EPS.

A number of other research firms also recently commented on ORN. StockNews.com raised shares of Orion Group from a “hold” rating to a “buy” rating in a report on Saturday. DA Davidson initiated coverage on shares of Orion Group in a research note on Friday, January 17th. They set a “buy” rating and a $11.00 price target for the company.

Orion Group Stock Up 5.4 %

Shares of ORN stock opened at $5.88 on Wednesday. Orion Group has a one year low of $4.85 and a one year high of $12.12. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.35 and a quick ratio of 1.33. The stock has a fifty day moving average price of $7.24 and a 200 day moving average price of $7.11. The stock has a market cap of $229.26 million, a P/E ratio of -14.70, a price-to-earnings-growth ratio of 1.10 and a beta of 0.93.

Institutional Investors Weigh In On Orion Group

Several large investors have recently made changes to their positions in the company. Corebridge Financial Inc. grew its stake in Orion Group by 8.4% during the fourth quarter. Corebridge Financial Inc. now owns 18,043 shares of the construction company’s stock worth $132,000 after buying an additional 1,396 shares during the last quarter. Rhumbline Advisers grew its position in Orion Group by 6.5% during the 4th quarter. Rhumbline Advisers now owns 36,138 shares of the construction company’s stock worth $265,000 after acquiring an additional 2,198 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in Orion Group by 4.9% during the 4th quarter. Bank of New York Mellon Corp now owns 73,664 shares of the construction company’s stock valued at $540,000 after purchasing an additional 3,432 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Orion Group by 20.8% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,474 shares of the construction company’s stock valued at $150,000 after purchasing an additional 3,528 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in Orion Group by 16.1% in the fourth quarter. Envestnet Asset Management Inc. now owns 26,928 shares of the construction company’s stock worth $197,000 after purchasing an additional 3,728 shares in the last quarter. 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.