Orion Group (NYSE:ORN) Releases FY 2026 Earnings Guidance

Orion Group (NYSE:ORNGet Free Report) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 0.230-0.300 for the period, compared to the consensus earnings per share estimate of 0.370. The company issued revenue guidance of $900.0 million-$950.0 million, compared to the consensus revenue estimate of $939.6 million.

Wall Street Analyst Weigh In

ORN has been the subject of a number of recent analyst reports. Oppenheimer started coverage on shares of Orion Group in a report on Tuesday, July 7th. They issued an “outperform” rating and a $20.00 price objective for the company. JPMorgan Chase & Co. increased their price objective on shares of Orion Group from $16.00 to $19.00 and gave the company an “overweight” rating in a research report on Friday, May 15th. Wall Street Zen upgraded shares of Orion Group from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 2nd. Zacks Research downgraded Orion Group from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. Finally, Weiss Ratings upgraded Orion Group from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, May 4th. Five research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $17.60.

Read Our Latest Research Report on Orion Group

Orion Group Trading Down 24.0%

Orion Group stock traded down $2.88 during midday trading on Wednesday, reaching $9.10. The stock had a trading volume of 1,350,373 shares, compared to its average volume of 400,679. The company has a quick ratio of 1.40, a current ratio of 1.41 and a debt-to-equity ratio of 0.43. The company has a fifty day moving average of $14.30 and a 200 day moving average of $13.07. Orion Group has a 52-week low of $6.44 and a 52-week high of $17.40. The firm has a market cap of $368.16 million, a price-to-earnings ratio of 43.12 and a beta of 1.34.

Orion Group (NYSE:ORNGet Free Report) last released its earnings results on Wednesday, April 29th. The construction company reported $0.05 earnings per share 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 analyst estimates of $198.12 million. On average, analysts anticipate that Orion Group will post 0.26 earnings per share for the current fiscal year.

Insider Buying and Selling at Orion Group

In other news, Director Margaret M. Foran sold 10,695 shares of the company’s stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $15.70, for a total value of $167,911.50. Following the completion of the sale, the director owned 116,846 shares of the company’s stock, valued at approximately $1,834,482.20. This represents a 8.39% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders sold 40,695 shares of company stock valued at $606,512 in the last ninety days. Insiders own 5.70% of the company’s stock.

Institutional Investors Weigh In On Orion Group

Institutional investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC boosted its holdings in Orion Group by 253.6% in the 4th quarter. Jane Street Group LLC now owns 53,344 shares of the construction company’s stock worth $530,000 after buying an additional 38,259 shares during the last quarter. Rhumbline Advisers grew its holdings in Orion Group by 70.6% in the 2nd quarter. Rhumbline Advisers now owns 56,358 shares of the construction company’s stock valued at $511,000 after buying an additional 23,328 shares in the last quarter. Brooklyn Investment Group acquired a new stake in shares of Orion Group in the 3rd quarter worth $395,000. Deutsche Bank AG boosted its position in shares of Orion Group by 5.7% during the 4th quarter. Deutsche Bank AG now owns 33,690 shares of the construction company’s stock valued at $335,000 after acquiring an additional 1,802 shares during the last quarter. Finally, &PARTNERS increased its position in Orion Group by 12.1% during the fourth quarter. &PARTNERS now owns 30,621 shares of the construction company’s stock worth $304,000 after purchasing an additional 3,304 shares during the last quarter. Institutional investors and hedge funds own 70.25% of the company’s stock.

About Orion Group

(Get Free Report)

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.

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