Orion Group Buys J.E. McAmis for $60M, 2026 Earnings Seen Up 63.6%
On Feb. 4, 2026, Orion Group acquired J. E. McAmis Inc. and JEM Marine Leasing LLC for approximately $60 million net of cash acquired, bolstering its marine construction business. Analyst consensus estimates project ORN’s 2026 sales up 7% and earnings up 63.6% year-over-year, earning a consensus rank of #2.
1. Acquisition of J.E. McAmis and JEM Marine Leasing
On Feb. 4, 2026, Orion Group completed the acquisition of J. E. McAmis Inc. and JEM Marine Leasing LLC for about $60 million net of cash acquired. The transaction strengthens Orion’s marine construction segment, adding expertise in jetty and breakwater construction, dredging, environmental restoration, and dam and spillway projects.
2. Analyst Forecasts for 2026 Growth
Analyst consensus estimates project ORN’s 2026 sales to rise 7% and earnings to jump 63.6% from prior-year levels. These projections underpin ORN’s consensus rank of #2, reflecting confidence in the company’s low-leverage profile and financial resilience.