Ormat Technologies (NYSE:ORA – Get Free Report) is projected to release its Q3 2026 results after the market closes on Wednesday, November 4th. Analysts expect the company to announce earnings of $0.3195 per share and revenue of $248.36 million for the quarter. Interested persons may review the information on the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Thursday, November 5, 2026 at 10:00 AM ET.
Ormat Technologies (NYSE:ORA – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The energy company reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.24. The company had revenue of $258.76 million during the quarter, compared to analysts’ expectations of $240.03 million. During the same quarter in the previous year, the company earned $0.48 EPS. The business’s quarterly revenue was up 10.6% on a year-over-year basis. On average, analysts expect Ormat Technologies to post $2.64 EPS for the current fiscal year and $2.48 EPS for the next fiscal year.
Ormat Technologies Stock Up 5.8%
ORA stock opened at $92.17 on Wednesday. Ormat Technologies has a twelve month low of $85.77 and a twelve month high of $146.39. The business has a 50 day moving average of $96.06 and a 200 day moving average of $111.94.
Ormat Technologies Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Wednesday, September 2nd. Shareholders of record on Wednesday, August 19th were issued a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Wednesday, August 19th.
Analyst Ratings Changes
ORA has been the topic of a number of recent research reports. TD Cowen raised Ormat Technologies to a “strong-buy” rating in a research note on Monday, October 5th. Royal Bank Of Canada restated an “outperform” rating and set a $130.00 price target on shares of Ormat Technologies in a report on Wednesday, September 9th. Zacks Research lowered Ormat Technologies from a “hold” rating to a “strong sell” rating in a research report on Friday, October 9th. Sanford C. Bernstein upgraded shares of Ormat Technologies from an “underperform” rating to a “market perform” rating and set a $112.00 price target on the stock in a research note on Friday, September 4th. Finally, Barclays dropped their price target on shares of Ormat Technologies from $127.00 to $122.00 and set an “overweight” rating on the stock in a research note on Monday, August 10th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $128.00.
View Our Latest Stock Report on ORA
Ormat Technologies Company Profile
Ormat Technologies, Inc (NYSE: ORA) develops, owns, and operates renewable and alternative energy projects. The company’s principal activities include geothermal power generation, energy storage, and recovered energy generation, which converts waste heat from industrial processes into electricity.
Ormat provides equipment and services for geothermal projects, including turbines, generators, power plants, and related engineering and development capabilities. Its geothermal technology is designed to generate electricity from naturally occurring underground heat, including resources that may be unsuitable for conventional steam-based systems.
Founded in 1965, Ormat serves customers and operates projects in multiple international markets, including the United States, Latin America, Africa, and Asia.
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