Orion Group Secures $120 Million Credit Facility to Support Growth Strategy
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 29 2025
0mins
Source: Yahoo Finance
- Enhanced Financial Flexibility: Orion Group has entered into a new five-year $120 million credit facility with UMB Bank, significantly increasing the company's financial flexibility and liquidity while lowering overall capital costs to support future strategic growth.
- Optimized Credit Structure: The new credit facility comprises a $60 million revolving line of credit, a $20 million equipment loan, and a $40 million acquisition loan, along with an additional $25 million uncommitted accordion to fund future growth initiatives.
- Reduced Cost of Capital: The new facility's interest rate is set at SOFR plus 2.5% to 3.0%, representing a reduction of approximately 225 basis points compared to the previous agreement, which will directly decrease the company's financing costs and enhance profitability.
- Strategic Restructuring Opportunity: This refinancing replaces the prior $88 million credit agreement, demonstrating Orion's commitment to optimizing its capital structure and enhancing financial stability, thereby laying the groundwork for expansion in the infrastructure and construction sectors.
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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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