Orion Group Holdings Inc (NYSE: ORN): Get Ready For The Next Few Months

In today’s recent session, 0.59 million shares of the Orion Group Holdings Inc (NYSE:ORN) have been traded, and its beta is 0.71. Most recently the company’s share price was $5.89, and it changed around -$0.56 or -8.68% from the last close, which brings the market valuation of the company to $229.13M. ORN at last check was trading at a discount to its 52-week high of $12.12, offering almost -105.77% off that amount. The share price’s 52-week low was $5.23, which indicates that the recent value has risen by an impressive 11.21% since then.

Orion Group Holdings Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 3 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended ORN as a Hold, whereas 3 deemed it a Buy, and 0 rated it as Underweight.

Orion Group Holdings Inc (NYSE:ORN) trade information

Instantly ORN has been showing red trend so far today with a performance of -8.68% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 7.31 on recent trading dayincreased the stock’s daily price by 19.43%. The company’s shares are currently down -19.65% year-to-date, but still down -18.65% over the last five days. On the other hand, Orion Group Holdings Inc (NYSE:ORN) is -24.49% down in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $9, which translates to bulls needing to increase their stock price by 34.56% from its current value. Analyst projections state that ORN is forecast to be at a low of $9 and a high of $9.

Orion Group Holdings Inc (ORN) estimates and forecasts

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 30.10%.

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

BLACKROCK INC., with 6.5582% or 2.13 million shares worth $20.3 million as of 2024-06-30, holds the second largest percentage of outstanding shares.

Royce Small-Cap Opportunity Fund and iShares Russell 2000 ETF were the top two Mutual Funds as of Dec 31, 2024. The former held 1.08 shares worth $6.27 million, making up 2.77% of all outstanding shares. On the other hand, iShares Russell 2000 ETF held roughly 966.71 shares worth around $5.62 million, which represents about 2.49% of the total shares outstanding.