Ormat Technologies (NYSE:ORA – Get Free Report) is projected to post its Q2 2026 results after the market closes on Wednesday, August 5th. Analysts expect the company to announce earnings of $0.2735 per share and revenue of $240.3310 million for the quarter. Parties are encouraged to explore the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Thursday, August 6, 2026 at 10:00 AM ET.
Ormat Technologies (NYSE:ORA – Get Free Report) last released its earnings results on Wednesday, May 6th. The energy company reported $1.30 earnings per share for the quarter, beating the consensus estimate of $0.92 by $0.38. The company had revenue of $403.91 million for the quarter, compared to the consensus estimate of $349.17 million. Ormat Technologies had a return on equity of 6.61% and a net margin of 10.97%.Ormat Technologies’s quarterly revenue was up 75.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.68 earnings per share. 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 Trading Down 0.0%
Shares of NYSE:ORA opened at $97.56 on Monday. The stock has a 50 day moving average of $119.96 and a 200 day moving average of $118.06. The company has a market cap of $5.99 billion, a PE ratio of 47.36, a price-to-earnings-growth ratio of 4.16 and a beta of 0.90. The company has a current ratio of 1.07, a quick ratio of 1.02 and a debt-to-equity ratio of 0.87. Ormat Technologies has a 12-month low of $84.13 and a 12-month high of $146.39.
Ormat Technologies Announces Dividend
Analysts Set New Price Targets
ORA has been the subject of a number of recent analyst reports. Roth Capital reiterated a “buy” rating and issued a $135.00 price target on shares of Ormat Technologies in a research report on Monday, May 11th. UBS Group lifted their target price on shares of Ormat Technologies from $143.00 to $152.00 and gave the company a “buy” rating in a research note on Friday, May 8th. Oppenheimer reaffirmed an “outperform” rating and issued a $144.00 target price on shares of Ormat Technologies in a report on Friday, May 8th. Piper Sandler increased their price target on Ormat Technologies from $125.00 to $142.00 and gave the stock an “overweight” rating in a research note on Monday, May 18th. Finally, Barclays increased their price target on Ormat Technologies from $126.00 to $127.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. Eight investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $131.75.
Get Our Latest Research Report on Ormat Technologies
Insider Buying and Selling at Ormat Technologies
In related news, Director Stanley Stern sold 250 shares of the company’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $138.42, for a total transaction of $34,605.00. Following the completion of the transaction, the director owned 5,800 shares in the company, valued at approximately $802,836. This represents a 4.13% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director David Granot sold 1,766 shares of the company’s stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $134.43, for a total transaction of $237,403.38. Following the transaction, the director owned 1,766 shares of the company’s stock, valued at approximately $237,403.38. This represents a 50.00% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 30,585 shares of company stock worth $4,090,998. Insiders own 0.50% of the company’s stock.
Institutional Trading of Ormat Technologies
Several hedge funds have recently bought and sold shares of ORA. AQR Capital Management LLC lifted its position in shares of Ormat Technologies by 324.1% in the first quarter. AQR Capital Management LLC now owns 24,918 shares of the energy company’s stock worth $1,740,000 after buying an additional 19,043 shares in the last quarter. United Services Automobile Association purchased a new position in Ormat Technologies during the 1st quarter valued at approximately $243,000. Empowered Funds LLC grew its holdings in Ormat Technologies by 7.3% during the 1st quarter. Empowered Funds LLC now owns 4,201 shares of the energy company’s stock valued at $297,000 after buying an additional 286 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Ormat Technologies by 22.8% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 234,467 shares of the energy company’s stock worth $16,593,000 after acquiring an additional 43,483 shares during the last quarter. Finally, Intech Investment Management LLC increased its stake in Ormat Technologies by 10.5% in the 1st quarter. Intech Investment Management LLC now owns 24,592 shares of the energy company’s stock worth $1,740,000 after acquiring an additional 2,329 shares during the last quarter. Hedge funds and other institutional investors own 95.49% of the company’s stock.
Ormat Technologies Company Profile
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.
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