Orion Group Holdings Inc (NYSE: ORN) Has Grown 211.02% So Far This Year. Does That Mean Trouble Ahead?

During the last session, Orion Group Holdings Inc (NYSE:ORN)’s traded shares were 1.13 million, with the beta value of the company hitting 0.74. At the end of the trading day, the stock’s price was $7.34, reflecting an intraday loss of -7.79% or -$0.62. The 52-week high for the ORN share is $9.84, that puts it down -34.06 from that peak though still a striking 68.12% gain since the share price plummeted to a 52-week low of $2.34. The company’s market capitalization is $238.92M, and the average trade volume was 312.64K shares over the past three months.

Orion Group Holdings Inc (NYSE:ORN) trade information

Orion Group Holdings Inc (ORN) registered a -7.79% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -7.79% in intraday trading to $7.34, hitting a weekly high. The stock’s 5-day price performance is -6.73%, and it has moved by -13.85% in 30 days. Based on these gigs, the overall price performance for the year is 211.02%.

Orion Group Holdings Inc (ORN) estimates and forecasts

Statistics show that Orion Group Holdings Inc has outperformed its competitors in share price, compared to the industry in which it operates. Orion Group Holdings Inc (ORN) shares have gone up 30.37% during the last six months, with a year-to-date growth rate more than the industry average at 154.29% against 21.90. In the rating firms’ projections, revenue will increase 22.60% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 206.3M as predicted by 4 analyst(s). Meanwhile, a consensus of 4 analyst(s) estimates revenue growth to 231.57M by the end of current fiscal year.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 30.10%. While earnings are projected to return 117.73% in 2024, the next five years will return -10.00% per annum.

ORN Dividends

Orion Group Holdings Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Orion Group Holdings Inc (NYSE:ORN)’s Major holders