Orion Group Holdings Inc (ORN) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Orion Group Holdings Inc stock $2.05, price $7.22, that is 71.6% below the price, quality 48 out of 100. Rating: strongly overvalued. Calculated from audited financials with 14 of our 26 valuation models and 37 quality factors, updated daily.
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Orion Group Holdings Inc
ORN · USOur calculation puts a fair price 72% below what the stock costs today.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 5, 2026.
How to read this chart
60‑month range $2.18 – $17.14 · fair‑value band $1.67 – $2.24 · the $7.22 price screens above the $2.05 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 5, 2026.
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Company profile
Orion Group Holdings, Inc. operates as a specialty construction company for the infrastructure, industrial, and building sectors in the United States, Canada, and the Caribbean Basin. It operates through two segments, Marine and Concrete.
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The company engages in the building, rehabilitation, and maintenance of a range of marine transportation facilities, including terminals, cruise ship berths, private terminals, U.S. Navy facilities, marinas, and other port facilities; installation of foundations, mooring structures, and related components; provision of ongoing inspection, maintenance, and emergency repair services, as well as logistics services for directional drilling; installation and removal of underwater pipelines and transmission infrastructure, such as industrial intakes and outfalls, river crossing, and tie-ins; construction, repair, and maintenance of overwater bridges, causeways, and fendering systems; and construction of various environmental protection structures, including levees, erosion control systems, concrete mats, wetlands restoration features, and geotube installations for island and shoreline creation.
It also provides maintenance and capital dredging services for ports, waterways, and channels. In addition, the company offers specialty services, such as design, salvage, demolition, surveying, towing, commercial diving, underwater inspection, excavation, and repair services.
Further, it provides concrete construction services, including concrete placement and finishing, site preparation, layout, forming, and rebar placement services for data centers; industrial, warehouse, and distribution facilities; commercial, multi-family, institutional, and mixed-use structures; and retail, hospital, and recreational facilities.
The company was formerly known as Orion Marine Group, Inc. and changed its name to Orion Group Holdings, Inc. in May 2016. Orion Group Holdings, Inc. was founded in 1994 and is headquartered in Houston, Texas.
Stock analysis
Orion Group Holdings Inc (ORN) currently trades at $7.22, while our model-based Fair Value estimate is $2.05, 72% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of $3.44 per share, and 1 of the 14 models we run sit above the $7.22 price.
Bear case: the Asset-Based group reads lowest at $0.5600, and 13 of the 14 models stay below the price. Data coverage for this calculation is medium.
Scenario range: $1.67 (bear) to $2.24 (bull), the price of $7.22 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 48/100 (below-average quality), in the Industrials sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Orion Group Holdings Inc reported revenue of $852M in FY2025 versus $601M in FY2021, a compound +9.1%/yr. Reported net income was $2.5M in FY2025.
Key figures
Market cap $370M Small · P/E ratio 51.6 · P/S ratio 0.41 · EPS (TTM) $0.1400 · Net margin 0.6% · Return on equity 3.5% · Return on assets (EBIT) −0.1% (5-year average) · Revenue (TTM) $896M.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 28 out of 100 (medium confidence).
What moves the price
The share trades about 58% below its 52-week high and 5% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −42% fair-value upside, at −72%, ORN screens richer than that median.
Fair Value models
All 14 models by family
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Insider trades
In the last 6 months, 4 officers or directors bought shares worth $320,819, most recently on Jul 31, 2026. Buying cluster
- BuyMary E SullivanDirector3,000 shares at $9.79$29,370Jul 31, 2026
- BuyEdward Chipman EarleEVP & GENERAL COUNSEL5,000 shares at $9.81$49,050Jul 31, 2026
- BuyAlison Gaut VasquezEVP AND CFO2× since Mar 6, 2026: 9,243 shares, avg. $10.82$99,982Jul 31, 2026
- BuyRobert LedfordDirector20,000 shares at $9.62$192,400Jul 31, 2026
- SaleMargaret M ForanDirector2× since May 1, 2026: 40,695 shares, avg. $14.90$606,512May 5, 2026
- SaleAustin J ShanfelterDirector90,000 shares at $12.17$1.1MMar 10, 2026
- SaleQuentin P. Smith Jr.Director10,695 shares at $12.25$131,014Mar 10, 2026
Plus 9 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Source: SEC Form 4, as of Nov 6, 2026. All filings at the SEC ↗
Revenue & earnings trend
ORN screens overvalued: fair value 72% below the price. Compare with Quanta Services, Inc →
Compare Orion Group Holdings Inc with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Engineering & Construction · 791 stocks
Valuation Multiplesvs Engineering & Construction median · lower = cheaper
Strength profile in five axes (Snowflake)
VALUE 0: the price sits above our fair-value range.
Context: sector, industry, market
- Is the Industrials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- EV/EBITDA by industry
- Dividend yield by industry
- PEG screener for stocks with fair value
- Undervalued stocks: Industrials
- Undervalued stocks: US Stocks
- Valuation of the USA market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Engineering & Construction stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| Vinci SA DG | €111.60 | €186.68 | +67% | vs ORN |
| Comfort Systems USA, Inc FIX | $1,018 | $1,119 | +10% | vs ORN |
| EMCOR Group EME | $608.45 | $524.14 | −14% | vs ORN |
| ACS, Actividades de Construcción y Servicios, S.A ACS | €87.00 | €62.21 | −28% | vs ORN |
| Samsung C&T Corporation 028260 | 273,500 KRW | 159,702 KRW | −42% | vs ORN |
| Larsen & Toubro Limited LT | ₹4,118 | ₹2,302 | −44% | vs ORN |
| HOCHTIEF Aktiengesellschaft HOT | €365.60 | €203.86 | −44% | vs ORN |
| APi Group APG | $40.87 | $19.20 | −53% | vs ORN |
| Ferrovial N.V FER | $58.71 | $23.06 | −61% | vs ORN |
| Quanta Services, Inc PWR | $540.90 | $162.41 | −70% | vs ORN |
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Key figures of Orion Group Holdings Inc
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