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Orion Marine Group, Inc Message Board

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  • ORN

    Orion Marine price target raised to $18 from $14 at FBR Capital

    FBR Capital raised its price target for Orion Marine shares to $18 after meeting with management and reiterates an Outperform rating on the stock. FBR believes Orion is nearing an inflection point of improving revenue and profit margin starting in the second half of 2014

    Sentiment: Strong Buy

  • ORN

    Orion Marine awarded $68M contract from the Port of Houston Authority

    The award from the Port of Houston Authority is for the deepening and widening of the navigation channels and berthing areas for both the Barbour's Cut and Bayport container terminals along the Houston Ship Channel. The Company will also be performing levee work, and conducting maintenance dredging in both the Barbour's Cut and Bayport channels and turning basins.

    Sentiment: Strong Buy

  • Reply to

    up 11% and nothing ?

    by mullam4444 Oct 20, 2013 10:26 AM

    ORN is being accumulated in steady bites. If its insiders it has not yet been disclosed. Doesnt appear to be a major equity player given the smaller bid/ask volumes. But no doubt about it, its being accumulated at the Asks with little to the bid

  • ORN is undoubtedly one of the deadest boards out there. Not all bad, but an 11% jump and NOTHING ! ORN is a company coiled for its investors waiting for it to finally spring to life after so many quarters if inaction largely due to Government issues of funding Corps of Engineer lettings. The demand is there in the marketplace for projects, consolidation is in the air as so many companies wait for revenue, and the real profitability is with the next dollarization of projects since it seems the management has aligned its costs to the lower revenues of recent years. ORN will break out with another $50 MM + in the pipeline. It will also breakout with any takeover speculation. It NO debt situation would put a high premium on the stock. Anxiously awaiting the good news taht seems to be hanging around ORN now

ORN
10.11+0.04(+0.40%)Aug 29 4:07 PMEDT

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