Roth Capital Issues Negative Estimate for ORA Earnings

Ormat Technologies, Inc. (NYSE:ORA) – Equities research analysts at Roth Capital lowered their Q3 2025 earnings estimates for shares of Ormat Technologies in a report released on Thursday, February 27th. Roth Capital analyst J. Clare now anticipates that the energy company will post earnings per share of $0.36 for the quarter, down from their prior estimate 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’ FY2025 earnings at $2.12 EPS and FY2026 earnings at $2.45 EPS.

Other research analysts have also issued research reports about the stock. JPMorgan Chase & Co. raised their price objective on shares of Ormat Technologies from $71.00 to $75.00 and gave the company a “neutral” rating in a report on Friday. Jefferies Financial Group upgraded shares of Ormat Technologies from a “hold” rating to a “buy” rating and raised their price objective for the company from $73.00 to $78.00 in a report on Thursday, February 20th. Roth Mkm reiterated a “buy” rating and issued a $92.00 price objective (up previously from $87.00) on shares of Ormat Technologies in a report on Friday, November 8th. Piper Sandler initiated coverage on shares of Ormat Technologies in a report on Thursday, December 19th. They issued a “neutral” rating and a $78.00 price objective for the company. Finally, Oppenheimer raised their price objective on shares of Ormat Technologies from $86.00 to $91.00 and gave the company an “outperform” rating in a report on Friday, November 8th. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $82.88.

Ormat Technologies Trading Down 1.7 %

ORA opened at $68.64 on Monday. The company’s 50 day moving average is $66.49 and its 200-day moving average is $73.20. The company has a market cap of $4.15 billion, a P/E ratio of 35.02, a PEG ratio of 3.18 and a beta of 0.57. Ormat Technologies has a 1-year low of $59.41 and a 1-year high of $84.30. The company has a current ratio of 0.95, a quick ratio of 0.87 and a debt-to-equity ratio of 0.73.

Institutional Investors Weigh In On Ormat Technologies

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ORA. Blue Trust Inc. increased its position in shares of Ormat Technologies by 180.3% during the third quarter. Blue Trust Inc. now owns 356 shares of the energy company’s stock valued at $26,000 after buying an additional 229 shares during the period. Versant Capital Management Inc increased its position in shares of Ormat Technologies by 132.4% during the fourth quarter. Versant Capital Management Inc now owns 402 shares of the energy company’s stock valued at $27,000 after buying an additional 229 shares during the period. Stuart Chaussee & Associates Inc. bought a new stake in shares of Ormat Technologies during the fourth quarter valued at about $34,000. AlphaQuest LLC increased its position in shares of Ormat Technologies by 4,691.7% during the fourth quarter. AlphaQuest LLC now owns 575 shares of the energy company’s stock valued at $39,000 after buying an additional 563 shares during the period. Finally, Headlands Technologies LLC bought a new stake in shares of Ormat Technologies during the fourth quarter valued at about $66,000. 95.49% of the stock is currently owned by institutional investors.

Insider Activity at Ormat Technologies

In other Ormat Technologies news, major shareholder Corp Orix sold 3,700,000 shares of Ormat Technologies stock in a transaction on Friday, December 13th. The shares were sold at an average price of $75.38, for a total transaction of $278,906,000.00. Following the transaction, the insider now directly owns 2,976,077 shares of the company’s stock, valued at $224,336,684.26. The trade was a 55.42 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.00% of the stock is currently owned by insiders.

Ormat Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 26th. Investors of record on Wednesday, March 12th will be given a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 0.70%. The ex-dividend date is Wednesday, March 12th. Ormat Technologies’s payout ratio is currently 23.53%.

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.