Orion Group Holdings (ORN) Stock Overview
Operates as a specialty construction company for the infrastructure, industrial, and building sectors in the United States, Canada, and the Caribbean Basin. More details
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 3/6 |
| Past Performance | 4/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
ORN Community Fair Values
Create NarrativeSee what 17 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Orion Group Holdings, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$13.32 |
| 52 Week High | US$15.85 |
| 52 Week Low | US$6.44 |
| Beta | 1.38 |
| 1 Month Change | -12.08% |
| 3 Month Change | 26.74% |
| 1 Year Change | 52.23% |
| 3 Year Change | 395.17% |
| 5 Year Change | 133.28% |
| Change since IPO | -15.70% |
Recent News & Updates
Narrative Update • Jun 02
ORN: New Contract Awards And 2026 Guidance Will Drive Further Upside
Analysts now cite updated fair value and P/E assumptions in their models for Orion Group Holdings, with the average price target moving from $16.75 to $17.50. What's in the News Orion Group Holdings reaffirmed full year 2026 guidance, with revenue projected in a range of US$900 million to US$950 million and net income expected between US$11,500,000 and US$15,300,000 (Corporate Guidance).Seeking Alpha • May 17
Orion's Rally May Only Be In The Early Innings
Summary Orion Group has delivered a 53% YTD gain, driven by marine segment strength and robust adjusted EBITDA upside potential. ORN’s guidance looks beatable, with Q1 revenue up 14.6% and expectations for mid-teens full-year growth, supporting further upside to consensus estimates. The company’s clean balance sheet (1.5x net leverage) and accretive M&A strategy position it for continued organic and inorganic growth. Despite all-time highs, ORN trades at 13.4x EV/EBITDA, with a $23.20 price target implying 48% upside as margin expansion and revenue growth outpace peers. Read the full article on Seeking AlphaNarrative Update • May 12
ORN: New Contract Wins And 2026 Outlook Will Drive Further Upside
Analysts have lifted their price target on Orion Group Holdings by $0.93 per share to $16.75, citing updated assumptions on revenue growth, discount rates and future P/E that keep their fair value estimate aligned with the current target level. What's in the News Orion Group Holdings reaffirmed full year 2026 guidance, projecting revenue between $900 million and $950 million and net income of $11,500,000 to $15,300,000 (Company guidance).Recent updates
Narrative Update • Jun 02
ORN: New Contract Awards And 2026 Guidance Will Drive Further Upside
Analysts now cite updated fair value and P/E assumptions in their models for Orion Group Holdings, with the average price target moving from $16.75 to $17.50. What's in the News Orion Group Holdings reaffirmed full year 2026 guidance, with revenue projected in a range of US$900 million to US$950 million and net income expected between US$11,500,000 and US$15,300,000 (Corporate Guidance).Seeking Alpha • May 17
Orion's Rally May Only Be In The Early Innings
Summary Orion Group has delivered a 53% YTD gain, driven by marine segment strength and robust adjusted EBITDA upside potential. ORN’s guidance looks beatable, with Q1 revenue up 14.6% and expectations for mid-teens full-year growth, supporting further upside to consensus estimates. The company’s clean balance sheet (1.5x net leverage) and accretive M&A strategy position it for continued organic and inorganic growth. Despite all-time highs, ORN trades at 13.4x EV/EBITDA, with a $23.20 price target implying 48% upside as margin expansion and revenue growth outpace peers. Read the full article on Seeking AlphaNarrative Update • May 12
ORN: New Contract Wins And 2026 Outlook Will Drive Further Upside
Analysts have lifted their price target on Orion Group Holdings by $0.93 per share to $16.75, citing updated assumptions on revenue growth, discount rates and future P/E that keep their fair value estimate aligned with the current target level. What's in the News Orion Group Holdings reaffirmed full year 2026 guidance, projecting revenue between $900 million and $950 million and net income of $11,500,000 to $15,300,000 (Company guidance).Narrative Update • Apr 25
ORN: New Contract Awards And 2026 Guidance Will Support Further Upside
Analysts have kept their $16.75 price target for Orion Group Holdings unchanged, citing only fine tuning of assumptions around the discount rate, revenue growth, profit margins, and future P/E, rather than any shift in the overall valuation view. What's in the News At the Annual Meeting of Stockholders on May 19, 2026, Orion Group Holdings plans to ask shareholders to approve an amendment to its Amended and Restated Certificate of Incorporation to limit officer liability as permitted by law (Changes in Company Bylaws/Rules).Narrative Update • Apr 10
ORN: New Contract Wins And 2026 Earnings Guidance Will Drive Upside
Analysts have modestly increased their price target for Orion Group Holdings to $16.75 from $16.40, citing updated assumptions around discount rate, revenue growth, profit margin, and future P/E that only slightly adjust the risk and return profile. What's in the News At the Annual Meeting of Stockholders scheduled for May 19, 2026, Orion Group Holdings is proposing an amendment to its Amended and Restated Certificate of Incorporation to limit the liability of officers as permitted by law (Key Developments).Narrative Update • Mar 27
ORN: New Coastal Contracts And 2026 Outlook Will Support Future Upside
Analysts have maintained their $16.40 price target for Orion Group Holdings, citing updated assumptions that include a slightly higher discount rate, a modestly different revenue growth outlook, a lower projected profit margin, and a higher future P/E multiple. What's in the News Orion Group Holdings announced new contract awards and change orders with a total value of over US$125 million through February 28, 2026, with contributions from both Marine and Concrete segments.Narrative Update • Mar 11
ORN: Coastal Contract Awards Will Support Future Earnings And Upside Potential
Analysts have lifted their price target on Orion Group Holdings from $15.90 to $16.40, reflecting updated assumptions around slightly higher revenue growth, a lower discount rate, a reduced profit margin, and a higher future P/E multiple. What's in the News Orion Group Holdings issued earnings guidance for the full year ending December 31, 2026, with expected revenue in the range of $900m to $950m and net income between $11.5m and $15.3m (company guidance).Narrative Update • Feb 23
ORN: Coastal Contract And Selective Acquisitions Will Support Future Earnings Outlook
Analysts have nudged their price target for Orion Group Holdings higher, with fair value moving from $15.63 to $15.90. This change is supported by updated assumptions for the discount rate, revenue growth, profit margin, and future P/E.Narrative Update • Feb 09
ORN: Coastal Contract And Selective Acquisitions Will Support Steady Earnings Outlook
Analysts now place their price target for Orion Group Holdings at a fair value of $15.63, up from $13.13, reflecting updated assumptions around revenue, profit margins and the future P/E multiple. What's in the News Orion Group Holdings plans to continue pursuing acquisitions, focusing on targets that align with its company culture, overall strategy and desired growth profile, according to comments from President and CEO Travis Boone on the Orion Acquisition Conference Call (Key Developments).Analysis Article • Feb 03
Orion Group Holdings, Inc.'s (NYSE:ORN) Shares Bounce 29% But Its Business Still Trails The Industry
Orion Group Holdings, Inc. ( NYSE:ORN ) shareholders would be excited to see that the share price has had a great...Narrative Update • Jan 26
ORN: Coastal Project Awards Will Support Steady Earnings And Fair Valuation
Analysts have lifted their price target on Orion Group Holdings from about $12.17 to roughly $13.13, citing updated assumptions that include slightly lower discount rates, higher revenue growth, improved profit margins and a reduced forward P/E multiple. What's in the News Orion Group Holdings reported an $86.3 million contract award from the U.S. Army Corps of Engineers to build new breakwaters and replenish shorelines with about one million cubic yards of beach quality dredged material along the Texas coastline at the mouth of the Colorado River, with work expected to begin in the first quarter of 2026 (Key Developments).
New Narrative • Jan 23
Pacific Defense Infrastructure Delays Will Temper Data Center Tailwinds Over The Next Decade
Catalysts About Orion Group Holdings Orion Group Holdings is a specialty construction company focused on marine infrastructure projects and commercial concrete work across the U.S. What are the underlying business or industry changes driving this perspective? Although Orion is seeing strong interest in Pacific military infrastructure, the timing of large INDOPACOM and PDI MACC task orders has already shifted out by about a year.Narrative Update • Jan 11
ORN: Coastal Contract Wins Will Support Higher Revenue Guidance And Earnings
Analysts have kept their price target for Orion Group Holdings broadly unchanged at about $12.17. This reflects only minor tweaks to their discount rate and future P/E assumptions rather than any major shift in their outlook.Narrative Update • Dec 16
ORN: Strong Project Pipeline Will Drive Higher Revenue Guidance And Earnings
Analysts have nudged their price target for Orion Group Holdings modestly higher to approximately $12.17 per share, citing slightly lower perceived risk and steady expectations for revenue growth, profit margins, and future valuation multiples. What's in the News Raised full year 2025 revenue guidance to a range of $825 million to $860 million, up from the prior $800 million to $850 million range (company guidance) Reaffirmed expectations for positive net income in 2025, projecting between $1.77 million and $4.60 million for the fiscal year (company guidance) Signaled increased confidence in project pipeline and execution, framing the higher 2025 outlook as driven by stronger demand visibility and operational performance (company guidance) Valuation Changes Fair Value Estimate is unchanged at approximately $12.17 per share, indicating a stable intrinsic value assessment.Narrative Update • Dec 02
ORN: Upcoming Contract Awards Will Drive Future Earnings Momentum
Analysts have maintained their price target for Orion Group Holdings at $12.17, citing consistency in expected revenue growth and profitability metrics as the primary rationale for holding steady. What's in the News Orion Group Holdings raised its revenue guidance for fiscal year 2025 to a range of $825 million to $860 million, up from the prior range of $800 million to $850 million.Analysis Article • Nov 28
Is Orion Group Holdings (NYSE:ORN) A Risky Investment?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Narrative Update • Nov 18
ORN: New Contract Wins Are Expected To Drive Earnings Higher
Analysts have modestly maintained their price target for Orion Group Holdings at $12.17 per share, citing minor adjustments to discount rate and profit margin expectations. These changes slightly tempered their outlook despite stable revenue growth projections.Analysis Article • Nov 06
There May Be Underlying Issues With The Quality Of Orion Group Holdings' (NYSE:ORN) Earnings
Orion Group Holdings, Inc. ( NYSE:ORN ) just reported some strong earnings, and the market reacted accordingly with a...Narrative Update • Nov 02
ORN: New Contract Wins And Margin Expansion Will Drive Future Upside
Orion Group Holdings Sees Analyst Price Target Raised Following Improved Profit Margin Outlook Analysts have increased their price target for Orion Group Holdings from $11.13 to $12.17 per share. This change is supported by expectations for a stronger profit margin and a lower discount rate, even as revenue growth projections moderate.Analysis Article • Oct 31
There's No Escaping Orion Group Holdings, Inc.'s (NYSE:ORN) Muted Revenues Despite A 36% Share Price Rise
Despite an already strong run, Orion Group Holdings, Inc. ( NYSE:ORN ) shares have been powering on, with a gain of 36...Analysis Article • Aug 29
Is There Now An Opportunity In Orion Group Holdings, Inc. (NYSE:ORN)?
While Orion Group Holdings, Inc. ( NYSE:ORN ) might not have the largest market cap around , it saw a decent share...Analysis Article • Jul 13
Orion Group Holdings, Inc. (NYSE:ORN) Looks Inexpensive But Perhaps Not Attractive Enough
When close to half the companies operating in the Construction industry in the United States have price-to-sales ratios...New Narrative • May 31
US Shipbuilding And Sunbelt Construction Trends Will Unlock Opportunities
Federal investment in shipbuilding and infrastructure, along with data center growth, is expanding Orion's project pipeline and supporting higher order activity across key segments.Analysis Article • May 08
We Take A Look At Why Orion Group Holdings, Inc.'s (NYSE:ORN) CEO Has Earned Their Pay Packet
Key Insights Orion Group Holdings to hold its Annual General Meeting on 15th of May Total pay for CEO Travis Boone...Analysis Article • Apr 01
Little Excitement Around Orion Group Holdings, Inc.'s (NYSE:ORN) Revenues As Shares Take 27% Pounding
Orion Group Holdings, Inc. ( NYSE:ORN ) shareholders that were waiting for something to happen have been dealt a blow...Seeking Alpha • Mar 07
Orion Group Has 3 Large Markets To Service, Can They Drive Its Growth?
Summary Orion Group Holdings, Inc. is poised for substantial growth, driven by large-scale data center construction and US Navy projects. Orion's backlog slightly declined to $729mm, but the new business pipeline surged to $16b, indicating more project opportunities. Management is focused on selective bidding for stronger margins. ORN shares trade at a significant discount when considering its historical trading premiums. This may allow for significant upside potential as the firm executes on its growth initiatives. Read the full article on Seeking AlphaAnalysis Article • Feb 11
Further Upside For Orion Group Holdings, Inc. (NYSE:ORN) Shares Could Introduce Price Risks After 36% Bounce
Orion Group Holdings, Inc. ( NYSE:ORN ) shares have had a really impressive month, gaining 36% after a shaky period...Analysis Article • Jan 29
Is Orion Group Holdings (NYSE:ORN) A Risky Investment?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Seeking Alpha • Dec 27
Orion Group Holdings: Making The Right Moves
Summary Orion Group Holdings, Inc. has shown solid performance recently, particularly in its Marine segment, and the stock has seen net insider buying in 2024. The company is emphasizing its Marine construction business that has strategic advantages and has some other longer-term tailwinds. Orion is improving margins and has an over $800 million order backlog as well. More importantly, the company is swinging towards consistent profitability. An analysis around Orion Group Holdings follows in the paragraphs below. Read the full article on Seeking AlphaSeeking Alpha • Oct 03
Rough Waters For Orion Group - Project Delays And Margin Pressures
Summary Orion has seen a 50% share price decline since July 2023, driven by project delays, lower margins, and a significant revenue drop in the concrete segment. Project delays at Grand Bahama and Pearl Harbor have hurt revenue recognition and margins, with marine segment margins dropping to 1.1% from 3.4% YoY. I remain concerned about Orion’s rising net debt, now at $117 million, while free cash flow continues to decline since Q4 2023. Despite the headwinds in Q2, the company has been focusing on restoring margins and improving cash flow. Until I see clear signs of improvement, I maintain a Hold rating. Read the full article on Seeking AlphaAnalysis Article • Sep 25
Orion Group Holdings, Inc. (NYSE:ORN) Might Not Be As Mispriced As It Looks After Plunging 29%
Unfortunately for some shareholders, the Orion Group Holdings, Inc. ( NYSE:ORN ) share price has dived 29% in the last...Analysis Article • Aug 07
Returns On Capital Are Showing Encouraging Signs At Orion Group Holdings (NYSE:ORN)
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Analysis Article • Jul 24
Orion Group Holdings, Inc. (NYSE:ORN) Looks Just Right With A 26% Price Jump
Despite an already strong run, Orion Group Holdings, Inc. ( NYSE:ORN ) shares have been powering on, with a gain of 26...Seeking Alpha • Jul 15
Orion Group: The Opportunity Pipeline Has Increased Due To Infrastructure Demands
Summary Orion Group Holdings is benefiting from industry trends and strong demand, with a market cap of $316M and a stock price increase of over 200% in the past year. ORN's Q1 report showed positive results, with strong momentum, a solid backlog, and improving profitability, leading to a Buy rating. ORN's management team, industry tailwinds, and upcoming projects indicate continued earnings growth and potential for stock price appreciation in the future. Read the full article on Seeking AlphaAnalysis Article • Jul 15
Estimating The Intrinsic Value Of Orion Group Holdings, Inc. (NYSE:ORN)
Key Insights Orion Group Holdings' estimated fair value is US$10.92 based on 2 Stage Free Cash Flow to Equity With...Shareholder Returns
| ORN | US Construction | US Market | |
|---|---|---|---|
| 7D | -4.2% | -8.8% | -4.1% |
| 1Y | 52.2% | 80.9% | 20.6% |
Return vs Industry: ORN underperformed the US Construction industry which returned 95.5% over the past year.
Return vs Market: ORN exceeded the US Market which returned 22.3% over the past year.
Price Volatility
| ORN volatility | |
|---|---|
| ORN Average Weekly Movement | 7.6% |
| Construction Industry Average Movement | 8.6% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: ORN has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: ORN's weekly volatility (8%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1994 | 2,076 | Travis Boone | www.oriongroupholdingsinc.com |
Orion Group Holdings, Inc. operates as a specialty construction company for the infrastructure, industrial, and building sectors in the United States, Canada, and the Caribbean Basin. It operates through two segments, Marine and Concrete. The company engages in the building, rehabilitation, and maintenance of a range of marine transportation facilities, including terminals, cruise ship berths, private terminals, U.S.
Orion Group Holdings, Inc. Fundamentals Summary
| ORN fundamental statistics | |
|---|---|
| Market cap | US$562.26m |
| Earnings (TTM) | US$8.59m |
| Revenue (TTM) | US$879.91m |
62.8x
P/E Ratio0.6x
P/S RatioIs ORN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ORN income statement (TTM) | |
|---|---|
| Revenue | US$879.91m |
| Cost of Revenue | US$771.43m |
| Gross Profit | US$108.48m |
| Other Expenses | US$99.89m |
| Earnings | US$8.59m |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.21 |
| Gross Margin | 12.33% |
| Net Profit Margin | 0.98% |
| Debt/Equity Ratio | 50.3% |
How did ORN perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/10 18:10 |
| End of Day Share Price | 2026/06/10 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Orion Group Holdings, Inc. is covered by 11 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Liam Burke | B. Riley Securities, Inc. |
| Robert Burleson | Canaccord Genuity |
| Jonathan Tanwanteng | CJS Securities, Inc. |