Media stories about Orion Group (NYSE:ORN) have trended positive on Wednesday, according to Accern Sentiment. The research firm ranks the sentiment of news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Orion Group earned a news impact score of 0.40 on Accern’s scale. Accern also assigned news articles about the construction company an impact score of 45.2817684968375 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
ORN stock traded down $0.09 during mid-day trading on Wednesday, hitting $7.48. 38,722 shares of the company traded hands, compared to its average volume of 93,504. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.54 and a current ratio of 1.57. The company has a market capitalization of $217.14, a PE ratio of 750.75 and a beta of 1.32. Orion Group has a one year low of $5.17 and a one year high of $8.61.
Orion Group (NYSE:ORN) last posted its quarterly earnings data on Thursday, March 8th. The construction company reported $0.19 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.07 by $0.12. The company had revenue of $162.20 million for the quarter, compared to analysts’ expectations of $176.06 million. Orion Group had a net margin of 0.07% and a negative return on equity of 1.74%. Orion Group’s revenue for the quarter was up 12.4% compared to the same quarter last year. During the same period in the prior year, the business earned $0.09 earnings per share. equities analysts anticipate that Orion Group will post 0.16 earnings per share for the current fiscal year.
About Orion Group
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's marine construction services include construction, restoration, dredging, maintenance, and repair of marine transportation facilities and pipelines, bridges and causeways, and marine environmental structures.
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