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Orion Group Holdings ( (ORN) ) has shared an update.
On March 17, 2026, Orion Group Holdings announced that long-serving independent director Thomas N. Amonett, a Board and Audit Committee member since 2007 and former long-time chair of the Nominating & Governance Committee, will retire from the Board following the company’s annual meeting on May 19, 2026. The company also said that independent director Margaret M. Foran, who joined the Board in 2019 and has chaired both the Compensation Committee and, more recently, the Nominating & Governance Committee, will likewise retire at the May 19, 2026 meeting.
Upon the retirements of Amonett and Foran, Orion’s Board will shrink from eight to six directors, signaling a streamlined governance structure following years of guidance from two experienced governance leaders. Company Chairman Austin Shanfelter, along with both departing directors, emphasized the Board’s strength and Orion’s positioning for future growth, suggesting continuity and confidence for shareholders and other stakeholders despite the leadership transition.
The most recent analyst rating on (ORN) stock is a Hold with a $11.00 price target. To see the full list of analyst forecasts on Orion Group Holdings stock, see the ORN Stock Forecast page.
Spark’s Take on ORN Stock
According to Spark, TipRanks’ AI Analyst, ORN is a Neutral.
ORN scores mid-range: improving operations and a materially stronger balance sheet support the rating, and upbeat 2026 guidance/pipeline are additional positives. Offsetting these, weak recent free-cash-flow performance, very high P/E valuation, and bearish near-term technical momentum limit the overall score.
To see Spark’s full report on ORN stock, click here.
More about Orion Group Holdings
Orion Group Holdings, Inc., headquartered in Houston, is a specialty construction company serving the infrastructure, industrial and building sectors across the continental U.S., Alaska, Hawaii, Canada and the Caribbean Basin. Through its marine and concrete segments, it provides marine transportation facility and pipeline construction, dredging, environmental and specialty marine services, as well as turnkey concrete construction for large commercial and structural projects.
Average Trading Volume: 363,939
Technical Sentiment Signal: Buy
Current Market Cap: $406M
See more data about ORN stock on TipRanks’ Stock Analysis page.