Roth Capital Issues Optimistic Outlook for ORA Earnings

Ormat Technologies, Inc. (NYSE:ORA - Free Report) - Roth Capital raised their Q2 2025 earnings estimates for shares of Ormat Technologies in a report issued on Friday, May 9th. Roth Capital analyst J. Clare now forecasts that the energy company will earn $0.43 per share for the quarter, up from their prior estimate of $0.42. The consensus estimate for Ormat Technologies' current full-year earnings is $1.94 per share. Roth Capital also issued estimates for Ormat Technologies' Q3 2025 earnings at $0.38 EPS and Q4 2025 earnings at $0.66 EPS.

Several other research firms also recently commented on ORA. Robert W. Baird started coverage on shares of Ormat Technologies in a research report on Thursday, March 13th. They issued a "neutral" rating and a $81.00 price target for the company. Baird R W upgraded shares of Ormat Technologies to a "hold" rating in a research report on Thursday, March 13th. JPMorgan Chase & Co. upped their price target on shares of Ormat Technologies from $71.00 to $75.00 and gave the company a "neutral" rating in a research report on Friday, February 28th. StockNews.com upgraded shares of Ormat Technologies from a "sell" rating to a "hold" rating in a research report on Monday, April 7th. Finally, Jefferies Financial Group lifted their target price on Ormat Technologies from $78.00 to $86.00 and gave the company a "buy" rating in a research note on Tuesday, March 25th. Six equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $85.38.

Ormat Technologies Stock Performance

Shares of ORA stock traded down $0.77 during mid-day trading on Monday, hitting $73.30. 461,509 shares of the stock were exchanged, compared to its average volume of 485,804. The stock's fifty day simple moving average is $71.27 and its two-hundred day simple moving average is $71.62. The stock has a market capitalization of $4.44 billion, a price-to-earnings ratio of 37.40, a P/E/G ratio of 3.18 and a beta of 0.65. Ormat Technologies has a 12-month low of $61.58 and a 12-month high of $84.30. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.87 and a current ratio of 0.95.

Ormat Technologies (NYSE:ORA - Get Free Report) last posted its earnings results on Wednesday, May 7th. The energy company reported $0.68 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.10. The firm had revenue of $229.76 million during the quarter, compared to analysts' expectations of $228.33 million. Ormat Technologies had a return on equity of 5.27% and a net margin of 13.33%. The firm's revenue was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.64 earnings per share.

Ormat Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 4th. Shareholders of record on Wednesday, May 21st will be given a dividend of $0.12 per share. The ex-dividend date is Wednesday, May 21st. This represents a $0.48 annualized dividend and a dividend yield of 0.65%. Ormat Technologies's payout ratio is currently 23.30%.

Insider Activity at Ormat Technologies

In related news, Director David Granot sold 1,666 shares of the business's stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $69.00, for a total value of $114,954.00. Following the completion of the sale, the director now directly owns 1,910 shares in the company, valued at approximately $131,790. The trade was a 46.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Jessica Woelfel sold 409 shares of the firm's stock in a transaction dated Tuesday, March 18th. The stock was sold at an average price of $72.15, for a total value of $29,509.35. Following the completion of the transaction, the insider now owns 6,094 shares in the company, valued at approximately $439,682.10. This trade represents a 6.29% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 2,242 shares of company stock valued at $156,427 in the last ninety days. Corporate insiders own 0.56% of the company's stock.

Institutional Trading of Ormat Technologies

A number of hedge funds have recently made changes to their positions in the company. Principal Financial Group Inc. lifted its stake in Ormat Technologies by 5.6% during the fourth quarter. Principal Financial Group Inc. now owns 131,906 shares of the energy company's stock worth $8,933,000 after purchasing an additional 7,025 shares during the last quarter. Vanguard Group Inc. lifted its position in Ormat Technologies by 4.8% in the fourth quarter. Vanguard Group Inc. now owns 6,043,996 shares of the energy company's stock worth $409,305,000 after purchasing an additional 274,540 shares during the period. Element Capital Management LLC acquired a new stake in Ormat Technologies in the fourth quarter worth approximately $2,113,000. Daiwa Securities Group Inc. acquired a new position in shares of Ormat Technologies in the 4th quarter worth approximately $752,000. Finally, Franklin Resources Inc. purchased a new stake in shares of Ormat Technologies during the fourth quarter valued at $526,000. Hedge funds and other institutional investors own 95.49% of the company's stock.

Ormat Technologies Company Profile

Ormat Technologies, Inc engages in the geothermal and recovered energy power business in the United States, Indonesia, Kenya, Turkey, Chile, Guatemala, Guadeloupe, New Zealand, Honduras, and internationally. It operates in three segments: Electricity, Product, and Energy Storage. The Electricity segment develops, builds, owns, and operates geothermal, solar photovoltaic, and recovered energy-based power plants; and sells electricity.