Orion Group Enters $120M Credit Facility with UMB Bank
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 29 2025
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Orion Group entered into a new, five-year $120M Senior Credit Facility with UMB Bank. The $120M UMB Credit Facility matures in December 2030 and is comprised of a $60M revolving line of credit, a $20M equipment term loan facility, and a $40M acquisition term loan facility. The Credit Facility also includes an additional $25M uncommitted accordion to fund future growth. This facility refinances and replaces the Company's previous $88M credit agreement, which was scheduled to mature in May 2028. Borrowings under the new facility bear interest at the Company's option at the Secured Overnight Financing Rate plus 2.5% to 3.0%, as determined based on the Company's consolidated leverage, representing a reduction of approximately 225 basis points compared to the prior credit agreement. Proceeds will be used to repay outstanding borrowings of $23M under the Company's prior facility and for general corporate purposes.
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Analyst Views on ORN
Wall Street analysts forecast ORN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ORN is 13.00 USD with a low forecast of 13.00 USD and a high forecast of 13.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 12.520
Low
13.00
Averages
13.00
High
13.00
Current: 12.520
Low
13.00
Averages
13.00
High
13.00
About ORN
Orion Group Holdings, Inc. is a specialty construction company that serves the infrastructure, industrial, and building sectors. The Company provides services both on and off the water in the continental United States, Alaska, Hawaii, Canada and the Caribbean Basin. Its segments include marine and concrete. Its marine segment provides construction and dredging services, including marine transportation facility construction, marine pipeline construction, marine environmental structures construction, dredging of waterways, channels and ports, environmental dredging, design, and specialty services related to marine construction, fabrication, and dredging. Its concrete segment provides turnkey concrete construction services, including concrete surface place and finish, site preparation, layout, forming, and rebar placement for large commercial, structural and other associated business areas. Its specialty services include design, salvage, demolition, surveying, towing, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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