Ormat Technologies, Inc. (NYSE:ORA – Free Report) – Analysts at Roth Capital lifted their Q2 2025 earnings estimates for shares of Ormat Technologies in a research report issued on Monday, February 24th. Roth Capital analyst J. Clare now expects that the energy company will post earnings of $0.46 per share for the quarter, up from their prior forecast of $0.45. The consensus estimate for Ormat Technologies’ current full-year earnings is $1.94 per share. Roth Capital also issued estimates for Ormat Technologies’ FY2026 earnings at $2.63 EPS.
Other equities research analysts have also issued reports about the stock. Oppenheimer boosted their target price on shares of Ormat Technologies from $86.00 to $91.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. Jefferies Financial Group upgraded shares of Ormat Technologies from a “hold” rating to a “buy” rating and boosted their price target for the stock from $73.00 to $78.00 in a research report on Thursday, February 20th. Piper Sandler started coverage on shares of Ormat Technologies in a research report on Thursday, December 19th. They issued a “neutral” rating and a $78.00 price target on the stock. Finally, Roth Mkm restated a “buy” rating and issued a $92.00 price target (up previously from $87.00) on shares of Ormat Technologies in a research report on Friday, November 8th. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $82.88.
Ormat Technologies Trading Down 0.6 %
ORA opened at $68.10 on Tuesday. Ormat Technologies has a fifty-two week low of $59.41 and a fifty-two week high of $84.30. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.95 and a quick ratio of 0.87. The firm has a market capitalization of $4.12 billion, a price-to-earnings ratio of 34.74, a PEG ratio of 3.18 and a beta of 0.57. The company’s 50 day moving average price is $66.40 and its two-hundred day moving average price is $73.24.
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the business. Chesapeake Capital Corp IL acquired a new position in Ormat Technologies during the third quarter worth $522,000. Empowered Funds LLC bought a new stake in shares of Ormat Technologies in the 4th quarter worth $265,000. RWC Asset Management LLP grew its stake in shares of Ormat Technologies by 348.9% in the 4th quarter. RWC Asset Management LLP now owns 165,599 shares of the energy company’s stock worth $11,214,000 after acquiring an additional 128,705 shares in the last quarter. Holocene Advisors LP grew its stake in shares of Ormat Technologies by 28.7% in the 3rd quarter. Holocene Advisors LP now owns 48,121 shares of the energy company’s stock worth $3,702,000 after acquiring an additional 10,718 shares in the last quarter. Finally, Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management grew its stake in shares of Ormat Technologies by 57.3% in the 4th quarter. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management now owns 223,937 shares of the energy company’s stock worth $15,165,000 after acquiring an additional 81,547 shares in the last quarter. Institutional investors and hedge funds own 95.49% of the company’s stock.
Insider Activity at Ormat Technologies
In related news, Director David Granot sold 1,256 shares of the business’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $82.00, for a total transaction of $102,992.00. Following the transaction, the director now owns 3,576 shares in the company, valued at $293,232. The trade was a 25.99 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Corp Orix sold 3,700,000 shares of the company’s stock in a transaction on Friday, December 13th. The stock was sold at an average price of $75.38, for a total transaction of $278,906,000.00. Following the transaction, the insider now owns 2,976,077 shares in the company, valued at approximately $224,336,684.26. The trade was a 55.42 % decrease in their position. The disclosure for this sale can be found here. 1.00% of the stock is owned by corporate insiders.
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.
Featured Stories
- Five stocks we like better than Ormat Technologies
- How to Know if a Stock Pays Dividends and When They Are Paid Out
- Buffett’s on the Sidelines – Should You Follow?
- The Risks of Owning Bonds
- AST SpaceMobile Stock Surges 17% After Analyst Upgrade
- Where to Find Earnings Call Transcripts
- 3 Stocks With Triple-Digit PEs That Are Still Worth a Look
Receive News & Ratings for Ormat Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ormat Technologies and related companies with MarketBeat.com's FREE daily email newsletter.