Ormat Technologies (NYSE:ORA) Issues Earnings Results

Ormat Technologies (NYSE:ORA) issued its quarterly earnings data on Wednesday. The energy company reported $0.56 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $0.23, FiscalAI reports. The firm had revenue of $275.12 million during the quarter, compared to analyst estimates of $248.36 million. Ormat Technologies had a return on equity of 6.94% and a net margin of 11.07%. The company’s revenue for the quarter was up 10.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.41 EPS.

Ormat Technologies Price Performance

Ormat Technologies stock opened at $93.18 on Friday. Ormat Technologies has a 52 week low of $85.77 and a 52 week high of $146.39. The company’s 50 day moving average price is $93.97 and its two-hundred day moving average price is $111.06. The company has a quick ratio of 1.00, a current ratio of 1.05 and a debt-to-equity ratio of 0.87. The stock has a market cap of $5.73 billion, a P/E ratio of 43.34, a P/E/G ratio of 3.50 and a beta of 0.89.

Ormat Technologies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 2nd. Shareholders of record on Wednesday, November 18th will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Wednesday, November 18th. This represents a $0.48 annualized dividend and a dividend yield of 0.5%. Ormat Technologies’s dividend payout ratio (DPR) is currently 23.65%.

Key Ormat Technologies News

Here are the key news stories impacting Ormat Technologies this week:

• Positive Sentiment: Ormat beat Q3 estimates, reporting adjusted EPS of $0.56 versus estimates of $0.33 and revenue of $275.1 million versus $248.4 million expected. Revenue grew 10.2% year over year, while net income attributable to stockholders rose 32.2%. Ormat Q3 2026 results
• Positive Sentiment: Energy storage was a major growth driver: segment revenue surged 145.2% year over year, supported by favorable merchant pricing, high availability and new capacity. Adjusted EBITDA increased 11.1%. Ormat Q3 2026 results
• Positive Sentiment: The company raised the midpoint of its 2026 revenue and adjusted EBITDA guidance and expanded the potential of its enhanced geothermal systems (EGS) pipeline to 5–6 GW, supporting its growth outlook. Ormat raises 2026 guidance
• Neutral Sentiment: Sanford C. Bernstein reaffirmed its “market perform” rating but set a $112 price target, about 20% above the cited $93.18 share price. The rating signals a measured stance despite the implied upside. Bernstein rating
• Neutral Sentiment: Ormat declared a quarterly dividend of $0.12 per share, payable December 2 to shareholders of record November 18. The annualized payout is $0.48, a yield of approximately 0.5% at the cited share price.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. Royal Bank Of Canada restated an “outperform” rating and issued a $130.00 target price on shares of Ormat Technologies in a report on Wednesday, September 9th. Oppenheimer upped their price target on Ormat Technologies from $141.00 to $145.00 and gave the stock an “outperform” rating in a report on Wednesday, September 9th. Morgan Stanley started coverage on Ormat Technologies in a research report on Thursday, October 29th. They issued an “overweight” rating and a $123.00 price target for the company. Sanford C. Bernstein reissued a “market perform” rating and issued a $112.00 price target on shares of Ormat Technologies in a research report on Friday. Finally, JPMorgan Chase & Co. dropped their price objective on Ormat Technologies from $131.00 to $98.00 and set a “neutral” rating on the stock in a research note on Monday, October 19th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Ormat Technologies presently has a consensus rating of “Moderate Buy” and a consensus target price of $127.62.

About Ormat Technologies

Ormat Technologies, Inc (NYSE: ORA) develops, owns, and operates renewable and alternative energy projects. The company’s principal activities include geothermal power generation, energy storage, and recovered energy generation, which converts waste heat from industrial processes into electricity.

Ormat provides equipment and services for geothermal projects, including turbines, generators, power plants, and related engineering and development capabilities. Its geothermal technology is designed to generate electricity from naturally occurring underground heat, including resources that may be unsuitable for conventional steam-based systems.

Founded in 1965, Ormat serves customers and operates projects in multiple international markets, including the United States, Latin America, Africa, and Asia.