Orion Group Holdings (ORN) has disclosed a new risk, in the Demand category.
Orion Group Holdings’ concrete segment exhibits a high degree of geographical concentration in Texas, specifically within the Houston and Dallas metropolitan areas. This focus has corresponded to a significant share of their contract revenues over the past three years, escalating the risk profile due to potential economic fluctuations, regulatory shifts, and localized natural disasters in the region. Such concentration means that adverse conditions in Texas could disproportionately affect the company’s concrete segment operations and financial performance. Moreover, the segment’s susceptibility to Texas-specific events, including hurricanes and floods, adds a layer of environmental risk.
The average ORN stock price target is $8.00, implying 19.94% upside potential.
To learn more about Orion Group Holdings’ risk factors, click here.
