Roth Capital Expects Lower Earnings for Ormat Technologies

Key Points

• Roth Capital has revised its Q2 2025 earnings per share (EPS) estimate for Ormat Technologies from $0.43 to $0.41, while still maintaining a "Buy" rating and a target price of $98.00.
• Ormat Technologies recently reported a quarterly EPS of $0.46, exceeding analyst expectations, and has shown a revenue increase of 9.9% compared to the same quarter last year.
• Several analysts have positive ratings for Ormat Technologies, with an average target price of $92.00 based on moderate buy recommendations from most analysts tracking the stock.

Ormat Technologies, Inc. (NYSE:ORA - Free Report) - Equities researchers at Roth Capital cut their Q2 2025 earnings per share (EPS) estimates for Ormat Technologies in a report issued on Monday, August 4th. Roth Capital analyst J. Clare now forecasts that the energy company will post earnings of $0.41 per share for the quarter, down from their prior forecast of $0.43. Roth Capital currently has a "Buy" rating and a $98.00 target price on the stock. 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 $0.36 EPS and FY2025 earnings at $2.11 EPS.

A number of other brokerages also recently commented on ORA. UBS Group lifted their price objective on Ormat Technologies from $100.00 to $105.00 and gave the company a "buy" rating in a research report on Thursday, July 24th. Robert W. Baird upgraded Ormat Technologies from a "neutral" rating to an "outperform" rating and boosted their price objective for the stock from $87.00 to $103.00 in a research note on Wednesday, July 30th. Baird R W upgraded Ormat Technologies from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, July 30th. Oppenheimer reissued an "outperform" rating and issued a $100.00 price objective on shares of Ormat Technologies in a report on Friday. Finally, Cowen reissued a "hold" rating on shares of Ormat Technologies in a report on Friday. Five investment analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $92.10.

Ormat Technologies Stock Performance

ORA traded up $0.13 on Thursday, hitting $86.81. 161,888 shares of the company traded hands, compared to its average volume of 508,567. The company has a quick ratio of 0.64, a current ratio of 0.70 and a debt-to-equity ratio of 0.77. The company has a 50 day moving average of $84.89 and a 200-day moving average of $75.06. The stock has a market capitalization of $5.27 billion, a PE ratio of 40.39, a PEG ratio of 4.16 and a beta of 0.68. Ormat Technologies has a 12-month low of $61.58 and a 12-month high of $91.81.

Ormat Technologies (NYSE:ORA - Get Free Report) last released its quarterly earnings data on Wednesday, August 6th. The energy company reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.37 by $0.11. The business had revenue of $234.02 million during the quarter, compared to analysts' expectations of $225.26 million. Ormat Technologies had a return on equity of 5.47% and a net margin of 14.49%. The business's quarterly revenue was up 9.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.37 EPS.

Ormat Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 3rd. Shareholders of record on Wednesday, August 20th will be paid a dividend of $0.12 per share. The ex-dividend date is Wednesday, August 20th. This represents a $0.48 dividend on an annualized basis and a yield of 0.6%. Ormat Technologies's dividend payout ratio (DPR) is currently 22.33%.

Insider Activity

In related news, Director Stanley Stern sold 547 shares of the firm's stock in a transaction that occurred on Friday, June 20th. The shares were sold at an average price of $85.54, for a total value of $46,790.38. Following the completion of the sale, the director owned 6,137 shares of the company's stock, valued at $524,958.98. This trade represents a 8.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Byron G. Wong sold 460 shares of Ormat Technologies stock in a transaction on Friday, June 27th. The stock was sold at an average price of $84.04, for a total transaction of $38,658.40. Following the sale, the director directly owned 8,659 shares of the company's stock, valued at $727,702.36. This represents a 5.04% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 5,329 shares of company stock valued at $423,443. 0.56% of the stock is owned by company insiders.

Hedge Funds Weigh In On Ormat Technologies

A number of hedge funds and other institutional investors have recently made changes to their positions in ORA. Curio Wealth LLC increased its stake in shares of Ormat Technologies by 29,200.0% during the 2nd quarter. Curio Wealth LLC now owns 293 shares of the energy company's stock worth $25,000 after purchasing an additional 292 shares during the last quarter. Stuart Chaussee & Associates Inc. bought a new stake in shares of Ormat Technologies during the 4th quarter valued at $34,000. UMB Bank n.a. lifted its holdings in shares of Ormat Technologies by 42.6% during the 1st quarter. UMB Bank n.a. now owns 880 shares of the energy company's stock worth $62,000 after acquiring an additional 263 shares during the period. Signaturefd LLC lifted its holdings in shares of Ormat Technologies by 60.6% during the 1st quarter. Signaturefd LLC now owns 890 shares of the energy company's stock worth $63,000 after acquiring an additional 336 shares during the period. Finally, CWM LLC lifted its holdings in shares of Ormat Technologies by 294.2% during the 1st quarter. CWM LLC now owns 887 shares of the energy company's stock worth $63,000 after acquiring an additional 662 shares during the period. 95.49% of the stock is owned by institutional investors.

About Ormat Technologies

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.