Ormat Technologies, Inc. (NYSE:ORA – Free Report) – Equities researchers at Roth Capital boosted their Q2 2025 earnings per share estimates for Ormat Technologies in a research report issued to clients and investors on Monday, February 24th. Roth Capital analyst J. Clare now forecasts 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 equities research analysts also recently issued reports on the company. Oppenheimer upped their price objective on Ormat Technologies from $86.00 to $91.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. Piper Sandler began coverage on Ormat Technologies in a report on Thursday, December 19th. They set a “neutral” rating and a $78.00 price objective on the stock. Roth Mkm restated a “buy” rating and set a $92.00 price objective (up from $87.00) on shares of Ormat Technologies in a report on Friday, November 8th. Finally, Jefferies Financial Group raised Ormat Technologies from a “hold” rating to a “buy” rating and increased their target price for the company from $73.00 to $78.00 in a research report on Thursday, February 20th. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $82.88.
Ormat Technologies Trading Down 0.2 %
Shares of ORA stock opened at $68.48 on Tuesday. Ormat Technologies has a 1 year low of $59.41 and a 1 year high of $84.30. 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’s 50 day simple moving average is $66.38 and its two-hundred day simple moving average is $73.27. The company has a market cap of $4.14 billion, a PE ratio of 34.94, a price-to-earnings-growth ratio of 3.18 and a beta of 0.57.
Insider Buying and Selling at Ormat Technologies
In other news, major shareholder Corp Orix sold 3,700,000 shares of the business’s stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $75.38, for a total value of $278,906,000.00. Following the completion of the transaction, the insider now 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 sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director David Granot sold 1,256 shares of the company’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $82.00, for a total value 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 $293,232. The trade was a 25.99 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.00% of the company’s stock.
Hedge Funds Weigh In On Ormat Technologies
A number of large investors have recently bought and sold shares of the business. Vanguard Group Inc. raised its holdings in shares of Ormat Technologies by 4.8% during the fourth quarter. Vanguard Group Inc. now owns 6,043,996 shares of the energy company’s stock valued at $409,305,000 after acquiring an additional 274,540 shares during the last quarter. Global Alpha Capital Management Ltd. raised its holdings in shares of Ormat Technologies by 6.1% during the third quarter. Global Alpha Capital Management Ltd. now owns 2,446,624 shares of the energy company’s stock valued at $188,125,000 after acquiring an additional 140,882 shares during the last quarter. Impax Asset Management Group plc raised its holdings in shares of Ormat Technologies by 7.3% during the fourth quarter. Impax Asset Management Group plc now owns 2,415,479 shares of the energy company’s stock valued at $162,586,000 after acquiring an additional 163,505 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Ormat Technologies by 6.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,586,479 shares of the energy company’s stock valued at $107,440,000 after acquiring an additional 93,418 shares during the last quarter. Finally, Geode Capital Management LLC raised its holdings in shares of Ormat Technologies by 5.5% during the fourth quarter. Geode Capital Management LLC now owns 1,373,426 shares of the energy company’s stock valued at $93,029,000 after acquiring an additional 72,135 shares during the last quarter. Institutional investors and hedge funds own 95.49% of the company’s stock.
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.
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