Ormat Technologies, Inc. (NYSE:ORA – Free Report) – Equities researchers at Roth Capital upped their Q2 2025 earnings estimates for shares of Ormat Technologies in a report issued on Friday, May 9th. Roth Capital analyst J. Clare now anticipates that the energy company will post earnings per share of $0.43 for the quarter, up from their previous 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.
Other equities research analysts have also recently issued reports about the company. JPMorgan Chase & Co. boosted their price objective on Ormat Technologies from $71.00 to $75.00 and gave the company a “neutral” rating in a research note on Friday, February 28th. Barclays upped their target price on Ormat Technologies from $75.00 to $80.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 8th. Jefferies Financial Group increased their price objective on Ormat Technologies from $78.00 to $86.00 and gave the company a “buy” rating in a research note on Tuesday, March 25th. Baird R W raised Ormat Technologies to a “hold” rating in a research note on Thursday, March 13th. Finally, Robert W. Baird started coverage on Ormat Technologies in a report on Thursday, March 13th. They set a “neutral” rating and a $81.00 target price for the company. Six research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $85.38.
Ormat Technologies Price Performance
Shares of NYSE:ORA opened at $74.04 on Monday. The company’s 50-day moving average is $71.19 and its 200 day moving average is $71.60. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.87 and a current ratio of 0.95. The company has a market capitalization of $4.49 billion, a P/E ratio of 37.78, a price-to-earnings-growth ratio of 3.18 and a beta of 0.65. Ormat Technologies has a fifty-two week low of $61.58 and a fifty-two week high of $84.30.
Ormat Technologies (NYSE:ORA – Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The energy company reported $0.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.58 by $0.10. The firm had revenue of $229.76 million for the quarter, compared to the consensus estimate of $228.33 million. Ormat Technologies had a net margin of 13.33% and a return on equity of 5.27%. The business’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.64 EPS.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in ORA. Stuart Chaussee & Associates Inc. purchased a new position in shares of Ormat Technologies during the 4th quarter valued at about $34,000. AlphaQuest LLC increased its stake in Ormat Technologies by 4,691.7% in the 4th quarter. AlphaQuest LLC now owns 575 shares of the energy company’s stock worth $39,000 after acquiring an additional 563 shares during the last quarter. UMB Bank n.a. increased its stake in Ormat Technologies by 42.6% in 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 last quarter. Signaturefd LLC increased its stake in Ormat Technologies by 60.6% in 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 last quarter. Finally, CWM LLC increased its stake in Ormat Technologies by 294.2% in 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 last quarter. 95.49% of the stock is owned by hedge funds and other institutional investors.
Insider Activity at Ormat Technologies
In other Ormat Technologies news, Director David Granot sold 1,666 shares of the firm’s stock in a transaction dated Monday, March 3rd. The stock was sold at an average price of $69.00, for a total value of $114,954.00. Following the transaction, the director now directly owns 1,910 shares of the company’s stock, valued at approximately $131,790. This trade represents a 46.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 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 directly owns 6,094 shares in the company, valued at $439,682.10. This trade represents a 6.29% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 2,242 shares of company stock valued at $156,427 over the last ninety days. Insiders own 0.56% of the company’s stock.
Ormat Technologies Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 4th. Investors of record on Wednesday, May 21st will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Wednesday, May 21st. This represents a $0.48 annualized dividend and a dividend yield of 0.65%. Ormat Technologies’s dividend payout ratio (DPR) is presently 23.30%.
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.
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