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

Orion Group (NYSE:ORN) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 0.230-0.300 for the period, compared to the consensus 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.

Orion Group Trading Up 4.8%

Orion Group stock traded up $0.44 during trading on Thursday, reaching $9.52. The company had a trading volume of 255,571 shares, compared to its average volume of 416,888. Orion Group has a 12-month low of $6.44 and a 12-month high of $17.40. The stock’s 50 day moving average price is $14.19 and its two-hundred day moving average price is $13.06. The firm has a market capitalization of $385.33 million, a price-to-earnings ratio of 105.61 and a beta of 1.34. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.40 and a current ratio of 1.41.

Orion Group (NYSE:ORN) last posted its quarterly earnings results on Tuesday, July 28th. The construction company reported $0.02 earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.04). Orion Group had a return on equity of 3.09% and a net margin of 0.40%.The company had revenue of $221.88 million for the quarter, compared to analysts’ expectations of $225.72 million. Orion Group has set its FY 2026 guidance at 0.230-0.300 EPS. As a group, equities analysts expect that Orion Group will post 0.26 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on ORN. Weiss Ratings upgraded Orion Group from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, May 4th. 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 on the stock. JPMorgan Chase & Co. lifted their price target on shares of Orion Group from $16.00 to $19.00 and gave the stock an “overweight” rating in a research note on Friday, May 15th. Zacks Research downgraded Orion Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 29th. Finally, Wall Street Zen upgraded Orion Group from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 2nd. Five research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, Orion Group presently has an average rating of “Moderate Buy” and an average target price of $17.60.

Insider Buying and Selling at Orion Group

In related news, Director Margaret M. Foran sold 20,000 shares of Orion Group stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $14.62, for a total value of $292,400.00. Following the transaction, the director owned 137,541 shares of the company’s stock, valued at approximately $2,010,849.42. This trade represents a 12.70% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In the last three months, insiders sold 40,695 shares of company stock valued at $606,512. Company insiders own 5.70% of the company’s stock.

Institutional Trading of Orion Group

A number of hedge funds have recently modified their holdings of ORN. Invesco Ltd. grew its stake in Orion Group by 1.6% during the 4th quarter. Invesco Ltd. now owns 1,292,193 shares of the construction company’s stock valued at $12,844,000 after acquiring an additional 20,835 shares in the last quarter. Susquehanna Fundamental Investments LLC boosted its stake in shares of Orion Group by 105.0% during the 4th quarter. Susquehanna Fundamental Investments LLC now owns 21,097 shares of the construction company’s stock valued at $210,000 after buying an additional 10,808 shares during the period. Millennium Management LLC increased its stake in shares of Orion Group by 790.5% in the fourth quarter. Millennium Management LLC now owns 97,758 shares of the construction company’s stock worth $972,000 after acquiring an additional 86,780 shares during the last quarter. Balyasny Asset Management L.P. purchased a new stake in shares of Orion Group during the fourth quarter worth $168,000. Finally, Westerly Capital Management LLC boosted its position in Orion Group by 500.0% during the fourth quarter. Westerly Capital Management LLC now owns 150,000 shares of the construction company’s stock valued at $1,491,000 after purchasing an additional 125,000 shares during the last quarter. 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.