Roth Capital Has Bearish Estimate for ORA FY2025 Earnings

Ormat Technologies, Inc. (NYSE:ORA) – Roth Capital dropped their FY2025 EPS estimates for shares of Ormat Technologies in a report released on Tuesday, November 4th. Roth Capital analyst J. Clare now forecasts that the energy company will post earnings per share of $2.18 for the year, down from their previous forecast of $2.22. Roth Capital has a “Buy” rating and a $125.00 price objective on the stock. The consensus estimate for Ormat Technologies’ current full-year earnings is $1.94 per share. Roth Capital also issued estimates for Ormat Technologies’ Q4 2025 earnings at $0.63 EPS, Q1 2026 earnings at $0.94 EPS, Q2 2026 earnings at $0.38 EPS, Q3 2026 earnings at $0.51 EPS, Q4 2026 earnings at $0.81 EPS and FY2026 earnings at $2.64 EPS.

Ormat Technologies (NYSE:ORA) last issued its quarterly earnings results on Monday, November 3rd. The energy company reported $0.41 EPS for the quarter, beating the consensus estimate of $0.37 by $0.04. Ormat Technologies had a net margin of 14.49% and a return on equity of 5.47%. The company had revenue of $249.73 million during the quarter, compared to analysts’ expectations of $235.03 million. During the same quarter last year, the company posted $0.36 EPS. The firm’s revenue was up 17.9% compared to the same quarter last year. Ormat Technologies has set its FY 2025 guidance at EPS.

Other equities research analysts have also issued reports about the stock. TD Cowen raised their price objective on shares of Ormat Technologies from $95.00 to $100.00 and gave the company a “hold” rating in a report on Wednesday. Cowen restated a “hold” rating on shares of Ormat Technologies in a report on Wednesday. Baird R W upgraded shares of Ormat Technologies from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 30th. Robert W. Baird upgraded shares of Ormat Technologies from a “neutral” rating to an “outperform” rating and raised their price objective for the company from $87.00 to $103.00 in a report on Wednesday, July 30th. Finally, Barclays reduced their price objective on shares of Ormat Technologies from $90.00 to $89.00 and set an “overweight” rating on the stock in a report on Friday, August 8th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, Ormat Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $107.20.

Ormat Technologies Stock Performance

Shares of ORA stock opened at $113.91 on Thursday. Ormat Technologies has a 52 week low of $61.58 and a 52 week high of $115.72. The firm has a 50 day moving average of $99.65 and a two-hundred day moving average of $88.11. The stock has a market capitalization of $6.92 billion, a PE ratio of 52.98, a P/E/G ratio of 4.84 and a beta of 0.77. The company has a quick ratio of 0.64, a current ratio of 0.70 and a debt-to-equity ratio of 0.77.

Ormat Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 1st. Investors of record on Monday, November 17th will be paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 0.4%. The ex-dividend date is Monday, November 17th. Ormat Technologies’s dividend payout ratio (DPR) is currently 22.02%.

Insider Activity

In related news, CFO Assi Ginzburg sold 9,343 shares of Ormat Technologies stock in a transaction on Thursday, September 18th. The shares were sold at an average price of $93.31, for a total transaction of $871,795.33. Following the sale, the chief financial officer directly owned 24,482 shares in the company, valued at $2,284,415.42. This trade represents a 27.62% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Jessica Woelfel sold 5,611 shares of Ormat Technologies stock in a transaction on Monday, September 29th. The stock was sold at an average price of $94.80, for a total transaction of $531,922.80. Following the sale, the insider owned 3,433 shares in the company, valued at $325,448.40. This represents a 62.04% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 40,926 shares of company stock worth $3,861,296 over the last three months. Company insiders own 0.56% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Dimensional Fund Advisors LP grew its position in Ormat Technologies by 19.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,890,235 shares of the energy company’s stock worth $133,770,000 after purchasing an additional 303,756 shares during the last quarter. Geode Capital Management LLC grew its position in Ormat Technologies by 3.4% during the 2nd quarter. Geode Capital Management LLC now owns 1,467,156 shares of the energy company’s stock worth $122,902,000 after purchasing an additional 48,038 shares during the last quarter. Van Berkom & Associates Inc. grew its position in Ormat Technologies by 2.7% during the 1st quarter. Van Berkom & Associates Inc. now owns 1,280,026 shares of the energy company’s stock worth $90,587,000 after purchasing an additional 33,719 shares during the last quarter. Canada Pension Plan Investment Board grew its position in Ormat Technologies by 62.6% during the 2nd quarter. Canada Pension Plan Investment Board now owns 1,073,639 shares of the energy company’s stock worth $89,928,000 after purchasing an additional 413,384 shares during the last quarter. Finally, Norges Bank purchased a new position in Ormat Technologies during the 2nd quarter worth $56,458,000. 95.49% of the stock is owned by hedge funds and other institutional investors.

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.