Roth Capital Issues Optimistic Estimate for ORA Earnings

Ormat Technologies, Inc. (NYSE:ORA) – Research analysts at Roth Capital raised their Q2 2025 earnings estimates for shares of Ormat Technologies in a note issued to investors on Monday, February 24th. Roth Capital analyst J. Clare now anticipates that the energy company will earn $0.46 per share for the quarter, up 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’ FY2026 earnings at $2.63 EPS.

A number of other research firms also recently commented on ORA. Piper Sandler assumed coverage on Ormat Technologies in a research note on Thursday, December 19th. They issued a “neutral” rating and a $78.00 price objective on the stock. 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. Roth Mkm reaffirmed a “buy” rating and issued a $92.00 price objective (up previously from $87.00) on shares of Ormat Technologies in a research note on Friday, November 8th. Finally, Oppenheimer increased their target price on shares of Ormat Technologies from $86.00 to $91.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $82.88.

Ormat Technologies Price Performance

Shares of NYSE:ORA opened at $68.58 on Tuesday. The stock’s 50 day moving average price is $66.44 and its 200 day moving average price is $73.30. 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 stock has a market cap of $4.15 billion, a price-to-earnings ratio of 34.99, a PEG ratio of 3.18 and a beta of 0.57. Ormat Technologies has a 12 month low of $59.41 and a 12 month high of $84.30.

Institutional Investors Weigh In On Ormat Technologies

Several large investors have recently made changes to their positions in the company. Blue Trust Inc. lifted its stake in Ormat Technologies by 180.3% in the third quarter. Blue Trust Inc. now owns 356 shares of the energy company’s stock valued at $26,000 after acquiring an additional 229 shares during the last quarter. Assenagon Asset Management S.A. bought a new position in shares of Ormat Technologies during the 3rd quarter valued at $1,113,000. State of Alaska Department of Revenue lifted its stake in shares of Ormat Technologies by 7.2% in the 3rd quarter. State of Alaska Department of Revenue now owns 6,221 shares of the energy company’s stock valued at $478,000 after purchasing an additional 420 shares during the last quarter. State of New Jersey Common Pension Fund D boosted its holdings in Ormat Technologies by 4.4% in the third quarter. State of New Jersey Common Pension Fund D now owns 26,554 shares of the energy company’s stock worth $2,043,000 after purchasing an additional 1,125 shares in the last quarter. Finally, Empower Advisory Group LLC increased its position in Ormat Technologies by 4.5% during the third quarter. Empower Advisory Group LLC now owns 194,680 shares of the energy company’s stock worth $14,979,000 after buying an additional 8,403 shares during the last quarter. Institutional investors own 95.49% of the company’s stock.

Insider Activity

In other news, major shareholder Corp Orix sold 3,700,000 shares of the business’s 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 in the company, 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 SEC, which is available at this link. Also, Director David Granot sold 1,256 shares of the stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $82.00, for a total value of $102,992.00. Following the sale, the director now owns 3,576 shares of the company’s stock, valued at approximately $293,232. This represents a 25.99 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.00% of the stock is owned by corporate insiders.

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.