Great Lakes vs. Orion Group: Which Marine Builder is a Better Buy?
GLDD's $1B backlog, higher ROE and discounted valuation give it an edge over ORN in the booming marine buildout.
Orion Properties: A Depressed 35% FFO-Yield Worth Scooping Up At The Bottom?
Office REITs like ONL are deeply out of favor, but supply-demand dynamics and low new construction support a bullish long-term thesis. ONL's Q1 2025 shows slight occupancy improvement, but high capital expenditures and negative dividend coverage remain for now. Management is aggressively leasing and selling assets, but it is coming at a price.
Orion Properties: Occupancy Returns To Growth After Capex Surge
Orion Properties is an office REIT pivoting towards flex, laboratory, medical, and governmental properties. Core FFO improved Q/Q, helped by lower administrative and interest expenses. Occupancy was also higher by 1.5% Q/Q, helped by elevated capex. Even so, Core FFO remains well below prior-year levels, impacted by past net operating income declines.
Orion S.A.: The Clock Is Ticking (Rating Downgrade)
Orion S.A. remains a value play with shares trading at low multiples, but execution risk and cyclical headwinds persist. Management insists earnings are cyclically depressed, and new plants plus lower capex could drive significant upside if mid-cycle targets are achieved. Market skepticism is high due to missed guidance and concerns over competition in Europe, but free cash flow guidance remains intact for now.
How Much Upside is Left in Orion Marine (ORN)? Wall Street Analysts Think 53.63%
The consensus price target hints at a 53.6% upside potential for Orion Marine (ORN). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Orion Group Holdings, Inc. (ORN) Q1 2025 Earnings Call Transcript
Orion Group Holdings, Inc. (NYSE:ORN ) Q1 2025 Earnings Call April 30, 2025 9:00 AM ET Company Participants Margaret Boyce - Investor Relations Travis Boone - Chief Executive Officer Scott Thanisch - Chief Financial Officer Conference Call Participants Aaron Spychalla - Craig-Hallum Julio Romero - Sidoti & Company Brent Thielman - D.A. Davidson Liam Burke - B.
Compared to Estimates, Orion Marine (ORN) Q1 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for Orion Marine (ORN) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Orion Marine Group (ORN) Tops Q1 Earnings and Revenue Estimates
Orion Marine Group (ORN) came out with quarterly earnings of $0.01 per share, beating the Zacks Consensus Estimate of a loss of $0.11 per share. This compares to loss of $0.12 per share a year ago.
CD Projekt: Looking Back, Phantom Liberty Outperformed
CD Projekt's Phantom Liberty DLC exceeded our sales expectations, solidifying the Cyberpunk 2077 IP's strength and showing single-player games' market relevance. Future success hinges on Witcher 4 and Cyberpunk Orion, with Witcher 4 projected to account for 17% of CDPR's current EV and market cap in discounted value. CDPR is currently in a low run-rate state, which does mean it may take until Witcher 4 release to see the valuation gap close, with Orion following after.
Orion Properties: High-Risk Bargain Or Ticking Time Bomb? Weighing Bull And Bear Arguments
Orion Properties' diversified portfolio and portfolio repositioning offer potential, but high vacancy rates and rising CapEx pose significant risks in 2025–2026. Management's strategic shift to dedicated use assets and their pay-cut demonstrate alignment with shareholders amidst challenging times. The dividend cut and high debt/EBITDA ratios highlight deteriorating fundamentals, making this a speculative buy for high-risk investors.
Orion Group Has 3 Large Markets To Service, Can They Drive Its Growth?
Orion Group Holdings, Inc. is poised for substantial growth, driven by large-scale data center construction and US Navy projects. Orion's backlog slightly declined to $729mm, but the new business pipeline surged to $16b, indicating more project opportunities. Management is focused on selective bidding for stronger margins. ORN shares trade at a significant discount when considering its historical trading premiums. This may allow for significant upside potential as the firm executes on its growth initiatives.
Orion Office: No More Counting Dollars, We'll Be Counting Stars
We have maintained a bearish bias on Orion Office over the years. Q4 2024 results show FFO dropped to 14 cents, Core FFO to 18 cents, and FAD plummeted to 2 cents, prompting a dividend cut. Orion's debt to EBITDA ratio has surged to 7.57X, and it will go higher in 2025.
