In last trading session, Orion Group Holdings Inc (NYSE:ORN) saw 2.09 million shares changing hands with its beta currently measuring 0.81. Company’s recent per share price level of $7.91 trading at -$3.13 or -28.35% at ring of the bell on the day assigns it a market valuation of $259.92M. That closing price of ORN’s stock is at a discount of -53.22% from its 52-week high price of $12.12 and is indicating a premium of 62.71% from its 52-week low price of $2.95. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.52 million shares which gives us an average trading volume of 528.65K if we extend that period to 3-months.

For Orion Group Holdings Inc (ORN), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.

Orion Group Holdings Inc (NYSE:ORN) trade information

Upright in the red during last session for losing -28.35%, in the last five days ORN remained trading in the red while hitting it’s week-highest on Tuesday, 07/23/24 when the stock touched $7.91 price level, adding 34.74% to its value on the day. Orion Group Holdings Inc’s shares saw a change of 60.12% in year-to-date performance and have moved -28.80% in past 5-day. Orion Group Holdings Inc (NYSE:ORN) showed a performance of -8.24% in past 30-days. Number of shares sold short was 1.8 million shares which calculate 2.36 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 13.25 to the stock, which implies a rise of 40.3% to its current value. Analysts have been projecting 12.5 as a low price target for the stock while placing it at a high target of 14. It follows that stock’s current price would drop -58.03% in reaching the projected high whereas dropping to the targeted low would mean a loss of -58.03% for stock’s current value.

Orion Group Holdings Inc (ORN) estimates and forecasts

Statistics highlight that Orion Group Holdings Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 45.14% of value to its shares in past 6 months, showing an annual growth rate of 157.14% while that of industry is 33.30. Apart from that, the company came raising its revenue forecast for fiscal year 2024.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 30.10% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 135.91% while estimates for its earnings growth in next 5 years are of -10.00%.

ORN Dividends

Orion Group Holdings Inc is more likely to be releasing its next quarterly report in August and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.

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

Insiders are in possession of 8.42% of company’s total shares while institution are holding 78.16 percent of that, with stock having share float percentage of 85.35%. Investors also watch the number of corporate investors in a company very closely, which is 78.16% institutions for Orion Group Holdings Inc that are currently holding shares of the company. BRANDES INVESTMENT PARTNERS, LP is the top institutional holder at ORN for having 3.01 million shares of worth $24.68 million. And as of 2024-03-31, it was holding 9.3041 of the company’s outstanding shares.

The second largest institutional holder is DIMENSIONAL FUND ADVISORS LP, which was holding about 1.84 million shares on 2024-03-31. The number of shares represents firm’s hold over 5.6785 of outstanding shares, having a total worth of $15.06 million.