Ormat Technologies (ORA) Projected to Post Earnings on Wednesday

Ormat Technologies (NYSE:ORA) is expected to be announcing its Q2 2026 results after the market closes on Wednesday, August 5th. Analysts expect Ormat Technologies to post earnings of $0.29 per share and revenue of $240.3310 million for the quarter. Parties can find conference call details on the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Thursday, August 6, 2026 at 10:00 AM ET.

Ormat Technologies (NYSE:ORA) last announced its quarterly earnings data on Wednesday, May 6th. The energy company reported $1.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.92 by $0.38. Ormat Technologies had a return on equity of 6.61% and a net margin of 10.97%.The business had revenue of $403.91 million during the quarter, compared to analysts’ expectations of $349.17 million. During the same quarter last year, the business posted $0.68 EPS. The business’s quarterly revenue was up 75.8% compared to the same quarter last year. On average, analysts expect Ormat Technologies to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Ormat Technologies Stock Performance

Shares of Ormat Technologies stock opened at $98.48 on Wednesday. The business has a 50-day simple moving average of $122.16 and a 200-day simple moving average of $118.48. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.02 and a current ratio of 1.07. Ormat Technologies has a one year low of $84.13 and a one year high of $146.39. The company has a market cap of $6.05 billion, a PE ratio of 47.81, a P/E/G ratio of 4.35 and a beta of 0.88.

Ormat Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 3rd. Investors of record on Wednesday, May 20th were paid a $0.12 dividend. The ex-dividend date was Wednesday, May 20th. This represents a $0.48 dividend on an annualized basis and a yield of 0.5%. Ormat Technologies’s payout ratio is currently 23.30%.

Wall Street Analyst Weigh In

ORA has been the subject of several analyst reports. JPMorgan Chase & Co. boosted their price target on shares of Ormat Technologies from $106.00 to $123.00 and gave the stock a “neutral” rating in a report on Friday, May 8th. Oppenheimer reaffirmed an “outperform” rating and set a $144.00 price objective on shares of Ormat Technologies in a research report on Friday, May 8th. Wolfe Research assumed coverage on shares of Ormat Technologies in a research note on Monday, June 8th. They set a “peer perform” rating for the company. Roth Capital reissued a “buy” rating and issued a $135.00 target price on shares of Ormat Technologies in a report on Monday, May 11th. Finally, UBS Group raised their price target on Ormat Technologies from $143.00 to $152.00 and gave the company a “buy” rating in a research note on Friday, May 8th. Eight equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $131.75.

Insider Buying and Selling at Ormat Technologies

In other Ormat Technologies news, Director Byron G. Wong sold 4,500 shares of the company’s stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $134.32, for a total value of $604,440.00. Following the completion of the transaction, the director owned 5,925 shares in the company, valued at $795,846. This represents a 43.17% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Assi Ginzburg sold 17,776 shares of Ormat Technologies stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $134.75, for a total value of $2,395,316.00. Following the sale, the chief financial officer owned 1,970 shares in the company, valued at $265,457.50. This trade represents a 90.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 30,585 shares of company stock worth $4,090,998. 0.50% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Quadrant Capital Group LLC lifted its stake in Ormat Technologies by 9.4% in the fourth quarter. Quadrant Capital Group LLC now owns 1,153 shares of the energy company’s stock valued at $127,000 after buying an additional 99 shares during the last quarter. Mackenzie Financial Corp grew its position in shares of Ormat Technologies by 4.7% during the third quarter. Mackenzie Financial Corp now owns 3,862 shares of the energy company’s stock worth $372,000 after acquiring an additional 175 shares during the last quarter. HM Payson & Co. grew its position in shares of Ormat Technologies by 100.0% during the fourth quarter. HM Payson & Co. now owns 400 shares of the energy company’s stock worth $44,000 after acquiring an additional 200 shares during the last quarter. California State Teachers Retirement System increased its holdings in shares of Ormat Technologies by 0.3% in the 2nd quarter. California State Teachers Retirement System now owns 57,511 shares of the energy company’s stock valued at $4,817,000 after acquiring an additional 200 shares during the period. Finally, Smartleaf Asset Management LLC increased its holdings in shares of Ormat Technologies by 245.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 297 shares of the energy company’s stock valued at $33,000 after acquiring an additional 211 shares during the period. Institutional investors and hedge funds own 95.49% of the company’s stock.

About Ormat Technologies

Ormat Technologies, Inc is a leading renewable energy company specializing in geothermal and recovered energy power plants. Through its vertically integrated business model, Ormat designs, develops, engineers, constructs, owns and operates clean energy projects worldwide. The company’s core technology centers on the Organic Rankine Cycle (ORC), which converts heat from geothermal sources or industrial waste streams into sustainable electricity without combustion.

Ormat’s offering includes turnkey power plant solutions, proprietary ORC equipment and ongoing operations and maintenance services.