Sidoti Csr Issues Negative Estimate for Orion Group Earnings

Orion Group Holdings, Inc. (NYSE:ORN) – Analysts at Sidoti Csr cut their Q1 2025 earnings per share (EPS) estimates for shares of Orion Group in a research note issued on Wednesday, March 5th. Sidoti Csr analyst J. Romero now expects that the construction company will post earnings per share of ($0.13) 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.

Other research analysts also recently issued reports about the company. DA Davidson assumed coverage on Orion Group in a report on Friday, January 17th. They set a “buy” rating and a $11.00 price objective on the stock. StockNews.com downgraded Orion Group from a “buy” rating to a “hold” rating in a report on Friday.

Orion Group Price Performance

Shares of ORN stock opened at $5.75 on Friday. Orion Group has a 52-week low of $4.85 and a 52-week high of $12.12. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.33 and a current ratio of 1.35. The firm has a market capitalization of $223.53 million, a P/E ratio of -14.36, a P/E/G ratio of 1.10 and a beta of 0.93. The stock has a 50 day moving average price of $7.51 and a 200 day moving average price of $7.21.

Orion Group (NYSE:ORN) last posted its quarterly earnings data on Tuesday, March 4th. The construction company reported $0.16 earnings per share (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 business had revenue of $216.88 million during the quarter, compared to analyst estimates of $271.70 million. During the same period last year, the company earned $0.08 EPS.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Portolan Capital Management LLC grew its stake in Orion Group by 56.6% during the 3rd quarter. Portolan Capital Management LLC now owns 1,985,355 shares of the construction company’s stock valued at $11,455,000 after purchasing an additional 717,533 shares during the last quarter. CenterBook Partners LP purchased a new position in Orion Group during the fourth quarter worth approximately $4,695,000. Wellington Management Group LLP purchased a new position in Orion Group during the third quarter worth approximately $2,318,000. Hillsdale Investment Management Inc. purchased a new position in Orion Group during the fourth quarter worth approximately $2,907,000. Finally, Ancora Advisors LLC raised its holdings in shares of Orion Group by 76.1% during the fourth quarter. Ancora Advisors LLC now owns 674,554 shares of the construction company’s stock valued at $4,944,000 after acquiring an additional 291,550 shares during the last quarter. 70.25% of the stock is currently owned by hedge funds and other institutional investors.

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.