Roth Capital Expects Higher Earnings for Ormat Technologies

Ormat Technologies, Inc. (NYSE:ORA) – Research analysts at Roth Capital upped their Q2 2025 earnings per share (EPS) estimates for Ormat Technologies in a research note issued to investors on Friday, May 9th. Roth Capital analyst J. Clare now expects that the energy company will earn $0.43 per share for the quarter, up from their prior forecast 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.

Ormat Technologies (NYSE:ORA) last released its quarterly earnings data on Wednesday, May 7th. The energy company reported $0.68 earnings per share for the quarter, topping analysts’ consensus estimates of $0.58 by $0.10. The firm had revenue of $229.76 million during the quarter, compared to analyst estimates of $228.33 million. Ormat Technologies had a return on equity of 5.27% and a net margin of 13.33%. The business’s quarterly revenue was up 2.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.64 earnings per share.

Other equities research analysts also recently issued reports about the company. StockNews.com upgraded Ormat Technologies from a “sell” rating to a “hold” rating in a research report on Monday, April 7th. Jefferies Financial Group boosted their target price on Ormat Technologies from $78.00 to $86.00 and gave the stock a “buy” rating in a research report on Tuesday, March 25th. JPMorgan Chase & Co. boosted their target price on Ormat Technologies from $71.00 to $75.00 and gave the stock a “neutral” rating in a research report on Friday, February 28th. Baird R W upgraded Ormat Technologies to a “hold” rating in a research report on Thursday, March 13th. Finally, Robert W. Baird started coverage on Ormat Technologies in a research report on Thursday, March 13th. They set a “neutral” rating and a $81.00 price objective on the stock. Six equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, Ormat Technologies has a consensus rating of “Hold” and a consensus target price of $85.38.

Ormat Technologies Price Performance

NYSE:ORA opened at $74.80 on Monday. The company has a current ratio of 0.95, a quick ratio of 0.87 and a debt-to-equity ratio of 0.73. The company has a market capitalization of $4.53 billion, a P/E ratio of 38.16, 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 business’s 50-day moving average is $71.11 and its 200 day moving average is $71.64.

Institutional Investors Weigh In On Ormat Technologies

Several hedge funds and other institutional investors have recently modified their holdings of the business. Charles Schwab Investment Management Inc. grew its stake in Ormat Technologies by 0.3% in the first quarter. Charles Schwab Investment Management Inc. now owns 620,772 shares of the energy company’s stock worth $43,932,000 after purchasing an additional 1,835 shares in the last quarter. AXS Investments LLC grew its stake in Ormat Technologies by 12.1% in the first quarter. AXS Investments LLC now owns 18,922 shares of the energy company’s stock worth $1,339,000 after purchasing an additional 2,036 shares in the last quarter. Empower Advisory Group LLC grew its stake in Ormat Technologies by 6.5% in the first quarter. Empower Advisory Group LLC now owns 215,327 shares of the energy company’s stock worth $15,239,000 after purchasing an additional 13,061 shares in the last quarter. US Bancorp DE grew its stake in Ormat Technologies by 12.3% in the first quarter. US Bancorp DE now owns 8,088 shares of the energy company’s stock worth $572,000 after purchasing an additional 889 shares in the last quarter. Finally, Bayforest Capital Ltd grew its stake in Ormat Technologies by 2,293.3% in the first quarter. Bayforest Capital Ltd now owns 6,773 shares of the energy company’s stock worth $479,000 after purchasing an additional 6,490 shares in the last quarter. 95.49% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Ormat Technologies

In other news, Director David Granot sold 1,666 shares of the stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $69.00, for a total value of $114,954.00. Following the sale, the director now directly owns 1,910 shares in the company, valued at approximately $131,790. This represents a 46.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Jessica Woelfel sold 409 shares of the stock in a transaction that occurred on 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 sale, the insider now owns 6,094 shares in the company, valued at approximately $439,682.10. The trade was a 6.29% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 2,242 shares of company stock worth $156,427. 0.56% of the stock is currently owned by company insiders.

Ormat Technologies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 4th. Stockholders of record on Wednesday, May 21st will be issued a $0.12 dividend. The ex-dividend date is Wednesday, May 21st. This represents a $0.48 annualized dividend and a dividend yield of 0.64%. Ormat Technologies’s payout ratio is 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.