Orion Group Holdings extends CEO contracts and Orion Group Holdings stock costs EUR 8.30
Published on 10/06/2026 at 10:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSOrion Group Holdings stock costs EUR 8.30 in the Lang & Schwarz session on October 6, 2026, while the company extends the contracts of CEO Travis J. Boone and senior executive E. Chipman Earle. According to Stock Titan, the amendments were signed on September 18, 2026 and extend both initial contract terms through December 31, 2026, followed by automatic annual renewals from January 1, 2027.
Contracts run through December
The extension keeps Boone as president and chief executive officer and Earle as executive vice president, general counsel, chief administrative officer, chief compliance officer and corporate secretary. The filing states that the other provisions of both employment agreements remained unchanged, making continuity the immediate governance effect rather than a change in executive responsibilities.
Second-quarter margins remain under pressure
The operating picture is more mixed. Stock Titan reported second-quarter 2026 revenue of USD 221.9 million, up 8 percent from USD 205.3 million in the second quarter of 2025, but GAAP net income swung to a USD 4.1 million loss from USD 0.8 million of profit. Adjusted EBITDA fell to USD 7.9 million from USD 11.0 million, and the adjusted EBITDA margin declined to 3.5 percent from 5.3 percent.
Backlog reached USD 722 million on June 30, 2026, up from USD 640 million at December 31, 2025. That order visibility contrasts with the reduced full-year outlook: adjusted EBITDA guidance fell to USD 50 million to USD 54 million from USD 54 million to USD 58 million, while adjusted earnings per share guidance moved to USD 0.23 to USD 0.30 from USD 0.36 to USD 0.42.
Analyst target remains above price
MarketBeat reported on September 30, 2026 that the stock carried a Hold consensus and a USD 16.00 average price target. The same report said second-quarter earnings of USD 0.02 per share trailed the USD 0.06 consensus and revenue of USD 221.88 million came in below the USD 225.72 million estimate.
Stock stays below yearly high
Orion Group Holdings was trading at EUR 8.30 at Lang & Schwarz on October 6, 2026 at 10:16 a.m. CEST, plus 0.61 percent versus the prior close of EUR 8.25. The reference price remains well below the primary-market 52-week high of USD 17.40, while the company continues to balance backlog growth against weaker recent profitability.
Orion Group Holdings stock facts
- Company: Orion Group Holdings, Inc.
- ISIN: US68628V3087
- Ticker: ORN
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 6, 2026, 10:16 a.m. CEST): EUR 8.30
- Change versus prior close: plus 0.61 percent
- Prior close Lang & Schwarz (October 5, 2026): EUR 8.25
- Market capitalization: USD 375.0 million (as of October 5, 2026)
- 52-week range: USD 8.08-17.40 (as of October 5, 2026)
- Sector / Industry: Industrials / Engineering and Construction
