Orion Group Holdings (ORN) AI Stock Analysis

• Market Cap: $344.12M
• Dividend Yield: N/A
• Average Volume (3M): 326.77K
• Price to Earnings (P/E): 141.9
• Beta (1Y): 1.77
• Revenue Growth: 15.58%
• EPS Growth: N/A
• Country: US
• Employees: 1,767
• Sector: Industrials
• Sector Strength: 94
• Industry: Engineering & Construction
• EPS (TTM): 0.01
• Shares Outstanding: 39,553,974
• 10 Day Avg. Volume: 262,228
• 30 Day Avg. Volume: 326,771
• PEG Ratio: 0.77
• Price to Book (P/B): 2.30
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 32.63
• Enterprise Value/Market Cap: 1.25
• Enterprise Value/Revenue: 0.14
• Enterprise Value/Gross Profit: 4.36
• Enterprise Value/Ebitda: 3.18
• 1Y Price Target: $11.75
• Price Target Upside: 35.84% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 3

• Rating: 70 Outperform
• Price Target: $9.50 ▲(9.83%Upside)

Orion Group Holdings presents a strong financial performance and technical trend, supported by positive earnings call insights. However, high valuation metrics pose a risk, suggesting caution despite the positive operational outlook.

Orion Group Holdings Business Overview & Revenue Model

Company Description

Orion Group Holdings, Inc. operates as a specialty construction company in the building, industrial, and infrastructure sectors in the continental United States, Alaska, Canada, and the Caribbean Basin. It operates in two segments, Marine and Concrete. The company provides various marine construction services, including construction, restoration, dredging, maintenance, and repair of marine transportation facilities and pipelines, bridges and causeways, and marine environmental structures. Its marine transportation facility projects comprise public port facilities, cruise ship port facilities, private terminals, special-use navy terminals, recreational use marinas and docks, and other marine-based facilities. The company also offers on-going maintenance and repair, inspection, emergency repair, and demolition and salvage services to marine transportation facilities. Its marine pipeline service projects include the installation and removal of underwater buried pipeline transmission lines; the installation of pipeline intakes and outfalls for industrial facilities; the construction of pipeline outfalls for wastewater and industrial discharges; river crossing and directional drilling; the creation of hot taps and tie-ins; and inspection, maintenance, and repair services. The company's bridge and causeway projects include the construction, repair, and maintenance of overwater bridges and causeways, as well as the development of fendering systems in marine environments; and marine environmental structures used for erosion control, wetlands creation, and environmental remediation. The company also provides specialty services, such as design, salvage, demolition, surveying, towing, diving and underwater inspection, excavation, and repair services. In addition, it offers light commercial, structural, and other concrete construction services. Orion Group Holdings, Inc. was founded in 1994 and is headquartered in Houston, Texas.

How the Company Makes Money

Orion Group Holdings generates revenue through its construction and engineering services across various sectors. The company's primary revenue streams come from contracts to build and maintain marine infrastructure, such as dredging services, land reclamation, and the construction and repair of bridges, ports, and pipelines. Additionally, Orion Group Holdings earns income from its industrial segment, which involves concrete construction and repair services, primarily for commercial and industrial facilities. The company benefits from long-term contracts with government agencies and private clients, which provide a steady stream of income. Furthermore, Orion may engage in strategic partnerships and joint ventures to secure large-scale projects and expand its market reach, contributing to its earnings.

Orion Group Holdings Financial Statement Overview

Summary

Orion Group Holdings shows a positive trajectory with improvements in profitability and cash management. Revenue growth and profitability margins are improving, with a significant improvement in free cash flow. However, further enhancements in return on equity and EBIT margins are needed for better performance.

Income Statement

Orion Group Holdings has shown a commendable improvement in its income statement metrics. The TTM gross profit margin stands at 11.96%, indicating efficient cost management. Notably, there is a net profit margin of 0.36% for the TTM, reflecting a turnaround from previous losses. Revenue has grown by 3.51% from the previous year, showcasing positive growth momentum. The EBIT margin improved to 1.87% in the TTM, although still modest, it marks a recovery from negative EBIT in prior years.

Balance Sheet

The balance sheet reflects a stable financial position with a debt-to-equity ratio of 0.32 in the TTM, indicating moderate leverage. The return on equity is a modest 1.99%, suggesting room for improvement in generating returns for shareholders. The equity ratio stands at 36.22%, highlighting a strong equity position relative to total assets, which provides a buffer against potential financial risks.

Cash Flow

Orion Group Holdings demonstrates strong cash flow metrics with a significant improvement in free cash flow, up from negative levels in prior periods to $10.79 million in the TTM. The operating cash flow to net income ratio is favorable at 10.69, indicating robust cash generation relative to earnings. This reflects effective cash management practices and enhances financial flexibility.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	824.38M	796.39M	711.78M	748.32M	601.36M	709.94M
Gross Profit	98.64M	91.16M	61.66M	50.74M	40.97M	84.70M
EBITDA	40.50M	44.81M	24.75M	21.14M	21.55M	60.21M
Net Income	3.00M	-1.64M	-17.88M	-12.61M	-14.56M	20.22M
Balance Sheet
Total Assets	344.19M	417.32M	416.89M	367.15M	351.75M	414.19M
Cash, Cash Equivalents and Short-Term Investments	2.85M	28.32M	30.94M	3.78M	12.29M	1.59M
Total Debt	85.71M	95.34M	85.49M	66.56M	69.21M	65.67M
Total Liabilities	218.63M	266.64M	295.42M	229.35M	203.65M	254.69M
Stockholders Equity	125.56M	150.68M	121.47M	137.80M	148.10M	159.49M
Cash Flow
Free Cash Flow	10.79M	-1.42M	8.27M	-5.02M	-16.91M	31.34M
Operating Cash Flow	32.06M	12.68M	17.18M	9.56M	69.00K	46.03M
Investing Cash Flow	-18.60M	-11.48M	2.17M	-9.70M	10.63M	-3.13M
Financing Cash Flow	-5.14M	-3.82M	7.81M	-8.37M	6.00K	-42.40M

Orion Group Holdings Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 8.65
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ORN, the sentiment is Positive. The current price of 8.65 is below the 20-day moving average (MA) of 8.78, above the 50-day MA of 8.64, and above the 200-day MA of 7.37, indicating a neutral trend. The MACD of -0.04 indicates Positive momentum. The RSI at 51.84 is Neutral, neither overbought nor oversold. The STOCH value of 38.69 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ORN.

Orion Group Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GLDD	78 Outperform	$774.36M	11.16	15.67%	―	28.03%	80.90%
ESOA	75 Outperform	$176.21M	9.57	41.26%	0.57%	4.62%	81.73%
Sector *	71 Outperform	¥263.98B	13.78	8.47%	2.91%	6.34%	13.00%
ORN	70 Outperform	$344.12M	141.92	2.25%	―	15.58%	―
BBCP	69 Neutral	$360.55M	29.95	4.58%	―	-9.91%	-25.58%
MTRX	63 Neutral	$405.60M	―	-14.26%	―	-0.29%	-6.77%
SLND	52 Neutral	$239.20M	―	-53.62%	―	-20.63%	-611.23%

Orion Group Holdings Corporate Events

Orion Group Holdings CFO Transition Announced

Orion Group Holdings announced that Scott Thanisch ceased his roles as Executive Vice President, Chief Financial Officer, and Treasurer on June 23, 2025. He will assist in the transition to his successor, Alison Vasquez, until July 1, 2025. As per his Employment and Separation Agreements, Thanisch will receive severance benefits, including unvested restricted shares, subject to compliance with certain covenants.

The most recent analyst rating on (ORN) stock is a Buy 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.

Orion Group Holdings to Post Q1 2025 Presentation

On June 23, 2025, Orion Group Holdings announced its intention to post the first quarter 2025 investor presentation on its website. The company highlighted its robust financial performance, with a significant increase in adjusted EBITDA and revenue compared to the previous year. Orion is well-positioned to benefit from the $1.2 trillion Infrastructure Act, which is expected to drive demand for its services in transportation, ports, waterways, and bridges. The company’s strong backlog and strategic focus on high-margin projects are expected to support its long-term growth and enhance its competitive position in the market.

The most recent analyst rating on (ORN) stock is a Buy 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.

Orion Group Holdings Appoints New CFO Alison Vasquez

Orion Group Holdings announced the departure of Scott Thanisch as Executive Vice President, Chief Financial Officer, and Treasurer, effective June 23, 2025, with Alison Vasquez succeeding him. Vasquez, who brings over 25 years of financial experience from her previous roles at KBR, Inc., will join Orion to support its next phase of growth and profitability. The company reiterated its 2025 revenue guidance of $800 million to $850 million and Adjusted EBITDA of $42 million to $46 million, highlighting Vasquez’s role in executing strategic goals to enhance shareholder value.

The most recent analyst rating on (ORN) stock is a Buy 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.

Orion Group Holds Annual Stockholders Meeting

On May 15, 2025, Orion Group Holdings, Inc. held its Annual Meeting of Stockholders where two Class III Directors were elected for a three-year term. The stockholders also approved the compensation of named executive officers and ratified the appointment of KPMG LLP as the independent registered public accounting firm for 2025.

The most recent analyst rating on (ORN) stock is a Buy with a $12.50 price target. To see the full list of analyst forecasts on Orion Group Holdings stock, see the ORN Stock Forecast page.