Sidoti Csr Has Optimistic Outlook of Orion Group Q2 Earnings

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

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

Several other research firms have also weighed in on ORN. StockNews.com raised Orion Group from a “hold” rating to a “buy” rating in a research note on Saturday. DA Davidson assumed coverage on shares of Orion Group in a research report on Friday, January 17th. They issued a “buy” rating and a $11.00 price target on the stock.

Orion Group Stock Up 5.4 %

NYSE:ORN opened at $5.88 on Wednesday. The company has a quick ratio of 1.33, a current ratio of 1.35 and a debt-to-equity ratio of 0.24. Orion Group has a 12-month low of $4.85 and a 12-month high of $12.12. The stock’s fifty day simple moving average is $7.24 and its 200-day simple moving average is $7.11. The firm has a market capitalization of $229.26 million, a P/E ratio of -14.70, a P/E/G ratio of 1.10 and a beta of 0.93.

Hedge Funds Weigh In On Orion Group

Institutional investors and hedge funds have recently modified their holdings of the business. Corebridge Financial Inc. raised its holdings in Orion Group by 8.4% during the 4th 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 period. Rhumbline Advisers raised its holdings in shares of Orion Group by 6.5% during the fourth 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 period. Bank of New York Mellon Corp lifted its position in Orion Group by 4.9% in 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 acquiring an additional 3,432 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake 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 worth $150,000 after purchasing an additional 3,528 shares during the period. Finally, Envestnet Asset Management Inc. increased its holdings in Orion Group by 16.1% during the 4th 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. 70.25% of the stock is currently owned by institutional investors and hedge funds.

Orion Group Company Profile

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.