Orion Group (NYSE:ORN) Posts Earnings Results, Misses Estimates By $0.04 EPS

Orion Group (NYSE:ORN) issued its earnings results on Tuesday. The construction company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.06 by ($0.04), FiscalAI reports. Orion Group had a net margin of 0.40% and a return on equity of 3.09%. The firm had revenue of $221.88 million during the quarter, compared to analyst estimates of $225.72 million. Orion Group updated its FY 2026 guidance to 0.230-0.300 EPS.

Orion Group Stock Up 4.2%

Shares of NYSE ORN traded up $0.38 during trading on Thursday, hitting $9.46. The stock had a trading volume of 285,825 shares, compared to its average volume of 417,311. Orion Group has a 12 month low of $6.44 and a 12 month high of $17.40. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.41 and a quick ratio of 1.40. The company has a market capitalization of $382.94 million, a PE ratio of 105.28 and a beta of 1.34. The firm has a fifty day moving average of $14.19 and a two-hundred day moving average of $13.06.

Analysts Set New Price Targets

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

Insider Buying and Selling at Orion Group

In related news, Director Margaret M. Foran sold 20,000 shares of the firm’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $14.62, for a total transaction of $292,400.00. Following the transaction, the director directly owned 137,541 shares of the company’s stock, valued at $2,010,849.42. This trade represents a 12.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders have sold 40,695 shares of company stock worth $606,512 over the last 90 days. 5.70% of the stock is owned by company insiders.

Hedge Funds Weigh In On Orion Group

A number of hedge funds and other institutional investors have recently modified their holdings of ORN. Quarry LP purchased a new stake in shares of Orion Group during the third quarter valued at approximately $33,000. Comerica Bank grew its stake in Orion Group by 219.7% in the 3rd quarter. Comerica Bank now owns 5,183 shares of the construction company’s stock valued at $43,000 after purchasing an additional 3,562 shares during the period. Susquehanna Fundamental Investments LLC purchased a new stake in shares of Orion Group during the 3rd quarter valued at $86,000. Millennium Management LLC purchased a new stake in shares of Orion Group during the 3rd quarter valued at $91,000. Finally, Brevan Howard Capital Management LP bought a new stake in shares of Orion Group during the 3rd quarter worth $92,000. Hedge funds and other institutional investors own 70.25% of the company’s stock.

About Orion Group

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.