Q2 EPS Forecast for Ormat Technologies Boosted by Analyst

Ormat Technologies, Inc. (NYSE:ORA - Free Report) - Equities researchers at Roth Capital boosted their Q2 2025 earnings per share (EPS) 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 post earnings per share of $0.46 for the quarter, up from their previous forecast 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 research firms have also recently commented on ORA. Oppenheimer raised their price target on shares of Ormat Technologies from $86.00 to $91.00 and gave the stock an "outperform" rating in a report on Friday, November 8th. Jefferies Financial Group upgraded shares of Ormat Technologies from a "hold" rating to a "buy" rating and boosted their price target for the company from $73.00 to $78.00 in a report on Thursday, February 20th. Piper Sandler started coverage on Ormat Technologies in a research report on Thursday, December 19th. They set a "neutral" rating and a $78.00 price objective for the company. Finally, Roth Mkm reaffirmed a "buy" rating and issued a $92.00 target price (up from $87.00) on shares of Ormat Technologies in a research report on Friday, November 8th. Four research 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, the stock has an average rating of "Moderate Buy" and an average target price of $82.88.

Ormat Technologies Stock Down 0.2 %

NYSE ORA traded down $0.15 during trading on Tuesday, reaching $68.48. 421,588 shares of the company's stock were exchanged, compared to its average volume of 530,591. The firm has a market capitalization of $4.14 billion, a PE ratio of 34.94, a P/E/G ratio of 3.18 and a beta of 0.57. Ormat Technologies has a fifty-two week low of $59.41 and a fifty-two week high of $84.30. 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's fifty day simple moving average is $66.38 and its 200-day simple moving average is $73.27.

Insiders Place Their Bets

In related news, major shareholder Corp Orix sold 3,700,000 shares of the company'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 completion of the transaction, the insider now directly owns 2,976,077 shares in the company, valued at $224,336,684.26. This represents a 55.42 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director David Granot sold 1,256 shares of the firm's stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $82.00, for a total transaction of $102,992.00. Following the completion of the sale, the director now owns 3,576 shares in the company, valued at $293,232. This represents a 25.99 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.00% of the company's stock.

Hedge Funds Weigh In On Ormat Technologies

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Blue Trust Inc. grew its holdings in shares of Ormat Technologies by 180.3% during the 3rd quarter. Blue Trust Inc. now owns 356 shares of the energy company's stock worth $26,000 after purchasing an additional 229 shares in the last quarter. Versant Capital Management Inc boosted its stake in Ormat Technologies by 132.4% during the fourth quarter. Versant Capital Management Inc now owns 402 shares of the energy company's stock worth $27,000 after buying an additional 229 shares in the last quarter. Stuart Chaussee & Associates Inc. bought a new stake in Ormat Technologies in the 4th quarter valued at $34,000. AlphaQuest LLC increased its holdings in Ormat Technologies by 4,691.7% in the 4th quarter. AlphaQuest LLC now owns 575 shares of the energy company's stock valued at $39,000 after buying an additional 563 shares during the period. Finally, Headlands Technologies LLC acquired a new position in shares of Ormat Technologies in the 4th quarter valued at $66,000. 95.49% of the stock is currently owned by institutional investors.

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.