ORN Stock Summary and Trading Ideas (Orion Gr Hldgs | NYSE:ORN)

Orion Group Holdings Inc is a specialty construction company serving the infrastructure, industrial, and building sectors, providing services both on and off the water in the continental United States, Alaska, Canada and the Caribbean Basin through its marine segment and its concrete segment. Its marine segment provides construction and dredging services relating to marine transportation facility construction, marine pipeline construction, marine environmental structures, dredging of waterways, channels and ports, environmental dredging, design, and specialty services. Its concrete segment provides turnkey concrete construction services including pour and finish, dirt work, layout, forming, rebar, and mesh across the light commercial, structural and other associated business areas.

Orion Gr Hldgs trades on the NYSE stock market under the symbol ORN.

As of December 13, 2024, ORN stock price was flat at $8.16 with 217,906 million shares trading.

ORN has a beta of 1.69, meaning it tends to be more sensitive to market movements. ORN has a correlation of 0.07 to the broad based SPY ETF.

ORN has a market cap of $317.44 million. This is considered a Small Cap stock.

Last quarter Orion Gr Hldgs reported $227 million in Revenue and $.16 earnings per share. This fell short of revenue expectation by $-8 million and exceeded earnings estimates by $.09.

In the last 3 years, ORN traded as high as $12.12 and as low as $2.10.

The top ETF exchange traded funds that ORN belongs to (by Net Assets): IWM, VTI, AVUV, VXF, IWN.

ORN has outperformed the market in the last year with a return of +82.1%, while the SPY ETF gained +29.9%. In the last 3 month period, ORN beat the market returning +34.9%, while SPY returned +7.8%. However, in the most recent 2 weeks ORN has underperformed the stock market by returning -6.4%, while SPY returned +0.3%.

ORN support price is $7.83 and resistance is $8.49 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ORN shares will trade within this expected range on the day.