Sidoti Csr Analysts Lower Earnings Estimates for Orion Group

Orion Group Holdings, Inc. (NYSE:ORNFree Report) – Equities researchers at Sidoti Csr cut their Q1 2025 earnings per share (EPS) estimates for shares of Orion Group in a report released on Wednesday, March 5th. Sidoti Csr analyst J. Romero now anticipates that the construction company will post earnings of ($0.13) per share for the quarter, down from their previous forecast of ($0.04). The consensus estimate for Orion Group’s current full-year earnings is $0.06 per share. Sidoti Csr also issued estimates for Orion Group’s Q2 2025 earnings at ($0.10) EPS and FY2025 earnings at $0.03 EPS.

Orion Group (NYSE:ORNGet Free Report) last released its earnings results on Tuesday, March 4th. The construction company reported $0.16 EPS for the quarter, topping the consensus estimate of $0.15 by $0.01. The firm had revenue of $216.88 million during 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 in the previous year, the company earned $0.08 EPS.

Separately, DA Davidson assumed coverage on shares of Orion Group in a research note on Friday, January 17th. They issued a “buy” rating and a $11.00 target price for the company.

Read Our Latest Stock Report on ORN

Orion Group Stock Up 2.3 %

ORN stock opened at $5.91 on Friday. The stock has a market capitalization of $230.06 million, a P/E ratio of -14.78, a PEG ratio of 1.10 and a beta of 0.93. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.33 and a current ratio of 1.35. Orion Group has a one year low of $4.85 and a one year high of $12.12. The company has a 50 day moving average price of $7.58 and a two-hundred day moving average price of $7.24.

Institutional Trading of Orion Group

Several institutional investors have recently made changes to their positions in the stock. Corebridge Financial Inc. grew its stake in shares of Orion Group by 8.4% during the 4th quarter. Corebridge Financial Inc. now owns 18,043 shares of the construction company’s stock valued at $132,000 after buying an additional 1,396 shares during the period. Rhumbline Advisers grew its stake in shares of Orion Group by 6.5% during the 4th quarter. Rhumbline Advisers now owns 36,138 shares of the construction company’s stock valued at $265,000 after buying an additional 2,198 shares during the period. Bank of New York Mellon Corp grew its stake in shares of 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 buying an additional 3,432 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Orion Group by 20.8% during 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 buying an additional 3,528 shares during the period. Finally, Envestnet Asset Management Inc. grew its stake in shares of Orion Group by 16.1% during the 4th quarter. Envestnet Asset Management Inc. now owns 26,928 shares of the construction company’s stock valued at $197,000 after buying an additional 3,728 shares during the period. 70.25% of the stock is owned by hedge funds and other institutional investors.

About Orion Group

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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.

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