Orion Marine Group Inc (NYSE:ORN) Stock Sentiment Worsens

May 20, 2018 - By Michael Collier

Orion Group Holdings, Inc. (NYSE:ORN) Logo

Sentiment for Orion Marine Group Inc (NYSE:ORN)

Orion Marine Group Inc (NYSE:ORN) institutional sentiment decreased to 1.07 in Q4 2017. Its down -0.36, from 1.43 in 2017Q3. The ratio fall, as 46 investment professionals increased or opened new stock positions, while 43 sold and reduced holdings in Orion Marine Group Inc. The investment professionals in our partner’s database now own: 20.99 million shares, up from 20.81 million shares in 2017Q3. Also, the number of investment professionals holding Orion Marine Group Inc in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 9 Reduced: 34 Increased: 30 New Position: 16.

Orion Group Holdings, Inc. operates as a specialty construction firm in the building, industrial, and infrastructure sectors in the continental United States, Alaska, Canada, and the Caribbean Basin. The company has market cap of $210.34 million. It operates through two divisions, Heavy Civil Marine Construction and Commercial Concrete Construction. It has a 743 P/E ratio. The companyÂ’s marine construction services include construction, restoration, maintenance, and repair of marine transportation facilities and pipelines, bridges and causeways, and marine environmental structures.

The stock increased 1.78% or $0.13 during the last trading session, reaching $7.43. About 63,874 shares traded. Orion Group Holdings, Inc. (NYSE:ORN) has declined 12.58% since May 20, 2017 and is downtrending. It has underperformed by 24.13% the S&P500.

Analysts await Orion Group Holdings, Inc. (NYSE:ORN) to report earnings on August, 2. They expect $0.01 earnings per share, up 112.50 % or $0.09 from last year’s $-0.08 per share. ORN’s profit will be $283,100 for 185.75 P/E if the $0.01 EPS becomes a reality. After $-0.01 actual earnings per share reported by Orion Group Holdings, Inc. for the previous quarter, Wall Street now forecasts -200.00 % EPS growth.

Grace & White Inc Ny holds 1.17% of its portfolio in Orion Group Holdings, Inc. for 744,453 shares. Van Den Berg Management I Inc owns 1.19 million shares or 1.05% of their US portfolio. Moreover, Foundry Partners Llc has 0.27% invested in the company for 827,873 shares. The California-based Pacific Global Investment Management Co has invested 0.25% in the stock. Brandes Investment Partners Lp, a California-based fund reported 555,252 shares.

Since January 1, 0001, it had 0 buys, and 1 insider sale for $151,132 activity.

Orion Group Holdings, Inc. (NYSE:ORN) Ratings Coverage

Ratings analysis reveals 100% of Orion Group Holdings’s analysts are positive. Out of 3 Wall Street analysts rating Orion Group Holdings, 3 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $9.0 while the high is $10.0. The stock’s average target of $9.67 is 30.15% above today’s ($7.43) share price. ORN was included in 5 notes of analysts from December 11, 2017. The stock has “Buy” rating by Canaccord Genuity on Thursday, March 8. FBR Capital maintained the shares of ORN in report on Friday, March 9 with “Buy” rating.

More news for Orion Group Holdings, Inc. (NYSE:ORN) were recently published by: Globenewswire.com, which released: “Orion Group Holdings, Inc. Reports First Quarter 2018 Results” on May 03, 2018. Seekingalpha.com‘s article titled: “Orion Group Holdings’ (ORN) CEO Mark Stauffer on Q1 2018 Results – Earnings Call Transcript” and published on May 03, 2018 is yet another important article.

Orion Group Holdings, Inc. (NYSE:ORN) Institutional Positions Chart

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