Roth Capital Lifts Earnings Estimates for Ormat Technologies

Ormat Technologies, Inc. (NYSE:ORA) – Research analysts at Roth Capital boosted their Q2 2025 EPS estimates for Ormat Technologies in a research note issued to investors 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 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.

Several other equities research analysts also recently issued reports on ORA. Piper Sandler started coverage on Ormat Technologies in a research report on Thursday, December 19th. They issued a “neutral” rating and a $78.00 price target on the stock. Oppenheimer lifted their price target on Ormat Technologies from $86.00 to $91.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. Jefferies Financial Group raised Ormat Technologies from a “hold” rating to a “buy” rating and increased their price objective for the company from $73.00 to $78.00 in a research report on Thursday, February 20th. Finally, Roth Mkm restated 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. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, Ormat Technologies has a consensus rating of “Moderate Buy” and a consensus target price of $82.88.

Ormat Technologies Stock Performance

NYSE:ORA opened at $68.58 on Tuesday. The firm has a market capitalization of $4.15 billion, a PE ratio of 34.99, a PEG ratio of 3.18 and a beta of 0.57. The company has a current ratio of 0.95, a quick ratio of 0.87 and a debt-to-equity ratio of 0.73. Ormat Technologies has a 1 year low of $59.41 and a 1 year high of $84.30. The firm’s fifty day simple moving average is $66.44 and its 200 day simple moving average is $73.30.

Insiders Place Their Bets

In other news, Director David Granot sold 1,256 shares of the firm’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $82.00, for a total transaction of $102,992.00. Following the completion of the transaction, the director now directly owns 3,576 shares of the company’s stock, valued at approximately $293,232. This trade represents a 25.99 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Corp Orix sold 3,700,000 shares of the company’s stock in a transaction dated 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 completion of the sale, the insider now directly 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. Corporate insiders own 1.00% of the company’s stock.

Hedge Funds Weigh In On Ormat Technologies

A number of hedge funds have recently modified their holdings of the stock. Blue Trust Inc. grew its position 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 period. Versant Capital Management Inc increased its position in shares of Ormat Technologies by 132.4% during the 4th quarter. Versant Capital Management Inc now owns 402 shares of the energy company’s stock worth $27,000 after purchasing an additional 229 shares in the last quarter. Stuart Chaussee & Associates Inc. acquired a new stake in shares of Ormat Technologies during the 4th quarter worth about $34,000. AlphaQuest LLC lifted its holdings in Ormat Technologies by 4,691.7% during the 4th quarter. AlphaQuest LLC now owns 575 shares of the energy company’s stock valued at $39,000 after purchasing an additional 563 shares during the last quarter. Finally, Headlands Technologies LLC acquired a new position in Ormat Technologies in the fourth quarter valued at about $66,000. 95.49% of the stock is owned by institutional investors and hedge funds.

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.