NYSE:ORA Ormat Technologies (ORA) Stock Price, News & Analysis $78.16 +2.07 (+2.72%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$76.88▼$78.3250-Day Range$69.19▼$76.6452-Week Range$58.73▼$83.41Volume397,532 shsAverage Volume493,882 shsMarket Capitalization$4.72 billionP/E Ratio35.21Dividend Yield0.61%Price Target$83.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Ormat Technologies alerts: Email Address Ormat Technologies MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.57 Rating ScoreUpside/Downside6.8% Upside$83.50 Price TargetShort InterestBearish4.83% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainability2.08Upright™ Environmental ScoreNews Sentiment0.91Based on 5 Articles This WeekInsider TradingSelling Shares$50,394 Sold Last QuarterProj. Earnings Growth35.00%From $2.00 to $2.70 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.50 out of 5 starsOils/Energy Sector39th out of 248 stocksElectric Services Industry12th out of 43 stocks 2.3 Analyst's Opinion Consensus RatingOrmat Technologies has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageOrmat Technologies has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Ormat Technologies' stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.83% of the outstanding shares of Ormat Technologies have been sold short.Short Interest Ratio / Days to CoverOrmat Technologies has a short interest ratio ("days to cover") of 6.1.Change versus previous monthShort interest in Ormat Technologies has recently increased by 2.46%, indicating that investor sentiment is decreasing. Previous Next 1.7 Dividend Strength Dividend YieldOrmat Technologies has a dividend yield of 0.63%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthOrmat Technologies does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Ormat Technologies is 21.62%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Ormat Technologies will have a dividend payout ratio of 17.78% next year. This indicates that Ormat Technologies will be able to sustain or increase its dividend.Read more about Ormat Technologies' dividend. Previous Next 4.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreOrmat Technologies has received a 69.88% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Operation of geothermal power plants", "Electricity produced with geothermal power", and "Geothermal power plant maintenance" products. See details.Environmental SustainabilityThe Environmental Impact score for Ormat Technologies is 2.08. Previous Next 2.7 News and Social Media Coverage News SentimentOrmat Technologies has a news sentiment score of 0.91. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.51 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Ormat Technologies this week, compared to 3 articles on an average week.Search InterestOnly 3 people have searched for ORA on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Ormat Technologies to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ormat Technologies insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $50,394.00 in company stock.Percentage Held by InsidersOnly 1.00% of the stock of Ormat Technologies is held by insiders.Percentage Held by Institutions95.49% of the stock of Ormat Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Ormat Technologies' insider trading history. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Ormat Technologies are expected to grow by 35.00% in the coming year, from $2.00 to $2.70 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ormat Technologies is 35.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.27.Price to Earnings Ratio vs. SectorThe P/E ratio of Ormat Technologies is 35.21, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 14.45.Price to Earnings Growth RatioOrmat Technologies has a PEG Ratio of 3.80. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioOrmat Technologies has a P/B Ratio of 1.93. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Ormat Technologies' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Unstoppable Prosperity“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.You can find out what they are by clicking here now. About Ormat Technologies Stock (NYSE:ORA)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. The Product segment designs, manufactures, and sells equipment for geothermal and recovered energy-based electricity generation; and provides services relating to the engineering, procurement, construction, operation, and maintenance of geothermal and recovered energy-based power plants. This segment serves contractors; and owners and operators of interstate natural gas pipelines, gas processing plants, and cement plants, as well as companies in other energy-intensive industrial processes. The Energy Storage segment offers battery energy storage systems and related services. Ormat Technologies, Inc. was founded in 1965 and is headquartered in Reno, Nevada.Read More ORA Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ORA Stock News HeadlinesJuly 23, 2024 | globenewswire.comOrmat Secures 15-Year Resource Adequacy Purchase and Sale Agreement With the City of Riverside for the 80MW/320MWh Shirk Energy Storage FacilityJuly 22, 2024 | msn.comGE Vernova (GEV) to Report Q2 Earnings: What's in the Cards?July 27, 2024 | The Oxford Club (Ad)Alex's "Next Magnificent Seven" StocksToday Alex Green is releasing his new breakdown of AI's "Next Magnificent Seven." So please make some time to watch it.July 17, 2024 | americanbankingnews.comOrmat Technologies (NYSE:ORA) Price Target Raised to $75.00 at JPMorgan Chase & Co.July 8, 2024 | investorplace.com3 Green Energy Stocks Set to Dominate by 2026July 4, 2024 | investorplace.comThe 3 Best Renewable Energy Stocks to Buy in July 2024June 19, 2024 | investorplace.comRag to Riches: 3 Renewable Energy Stocks That Could Make Early Investors RichMay 13, 2024 | finance.yahoo.com15 Countries that Produce the Most Geothermal Energy in the WorldJuly 27, 2024 | The Oxford Club (Ad)Alex's "Next Magnificent Seven" StocksToday Alex Green is releasing his new breakdown of AI's "Next Magnificent Seven." So please make some time to watch it.May 13, 2024 | investorplace.comEnergy's Geopolitical Jackpot: 7 Stocks to Ride the Tightening ScrewsMay 10, 2024 | finance.yahoo.comOrmat Technologies, Inc. (NYSE:ORA) Q1 2024 Earnings Call TranscriptMay 10, 2024 | finance.yahoo.comOrmat Technologies Inc. Reports Strong Q1 2024 Results, Surpassing Analyst ExpectationsMay 10, 2024 | finance.yahoo.comQ1 2024 Ormat Technologies Inc Earnings CallMay 9, 2024 | markets.businessinsider.comOppenheimer Reaffirms Their Buy Rating on Ormat Techno (ORA)May 9, 2024 | finanznachrichten.deOrmat Technologies, Inc.: Ormat Technologies Reports First Quarter 2024 Financial ResultsMay 8, 2024 | globenewswire.comOrmat Technologies Reports First Quarter 2024 Financial ResultsMay 7, 2024 | markets.businessinsider.comOrmat Technologies earnings: here's what Wall Street expectsMay 7, 2024 | msn.comOrmat Technologies Q1 2024 Earnings PreviewSee More Headlines Receive ORA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ormat Technologies and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/08/2024Ex-Dividend for 6/5 Dividend5/21/2024Dividend Payable6/05/2024Today7/27/2024Next Earnings (Confirmed)8/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Electric services Sub-IndustryIndependent Power Producers & Energy Traders Current SymbolNYSE:ORA CUSIP68668810 CIK1296445 Webwww.ormat.com Phone(775) 356-9029Fax775-356-9039Employees1,576Year FoundedN/APrice Target and Rating Average Stock Price Target$83.50 High Stock Price Target$100.00 Low Stock Price Target$73.00 Potential Upside/Downside+6.8%Consensus RatingModerate Buy Rating Score (0-4)2.57 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$2.22 Trailing P/E Ratio35.21 Forward P/E Ratio39.08 P/E Growth3.83Net Income$124.40 million Net Margins15.43% Pretax Margin15.71% Return on Equity5.45% Return on Assets2.55% Debt Debt-to-Equity Ratio0.73 Current Ratio1.12 Quick Ratio1.02 Sales & Book Value Annual Sales$829.42 million Price / Sales5.69 Cash Flow$5.86 per share Price / Cash Flow13.34 Book Value$40.44 per share Price / Book1.93Miscellaneous Outstanding Shares60,420,000Free Float59,818,000Market Cap$4.72 billion OptionableOptionable Beta0.51 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Doron Blachar (Age 56)Chief Executive Officer Comp: $1.26MMr. Assaf Ginzburg (Age 49)Chief Financial Officer Comp: $753.44kMs. Jessica Woelfel (Age 47)General Counsel, Chief Compliance Officer & Corporate Secretary Comp: $568.18kMr. Shimon Hatzir (Age 62)Executive Vice President of Electricity Segment Comp: $669.65kMr. Ofer Ben Yosef (Age 60)Executive Vice President of Energy Storage & Business Development Comp: $560.37kMs. Smadar LaviVice President, Head of Investor Relations & ESG Planning and ReportingMs. Liza TavoriExecutive Vice President of Human ResourcesMs. Nirit GrushkoSenior Vice President of Engineering, R&D Innovation & QEHSMr. Elad ZalkinSenior Vice President of Projects, Business Excellence, Planning & ControlMore ExecutivesKey CompetitorsNRG EnergyNYSE:NRGAESNYSE:AESGenie EnergyNYSE:GNECenterPoint EnergyNYSE:CNPCentrais Elétricas Brasileiras S.A. - EletrobrásNYSE:EBRView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpBought 15,004 shares on 7/26/2024Ownership: 0.927%Bailard Inc.Bought 1,000 shares on 7/26/2024Ownership: 0.030%State of Michigan Retirement SystemSold 200 shares on 7/26/2024Ownership: 0.022%Retirement Systems of AlabamaSold 1,081 shares on 7/24/2024Ownership: 0.110%Louisiana State Employees Retirement SystemSold 300 shares on 7/24/2024Ownership: 0.025%View All Insider TransactionsView All Institutional Transactions ORA Stock Analysis - Frequently Asked Questions How have ORA shares performed this year? Ormat Technologies' stock was trading at $75.79 at the beginning of 2024. Since then, ORA shares have increased by 3.1% and is now trading at $78.16. View the best growth stocks for 2024 here. How were Ormat Technologies' earnings last quarter? Ormat Technologies, Inc. (NYSE:ORA) announced its earnings results on Wednesday, May, 8th. The energy company reported $0.65 EPS for the quarter, missing the consensus estimate of $0.68 by $0.03. The energy company had revenue of $224.17 million for the quarter, compared to analyst estimates of $224.38 million. Ormat Technologies had a trailing twelve-month return on equity of 5.45% and a net margin of 15.43%. What is Doron Blachar's approval rating as Ormat Technologies' CEO? 1 employees have rated Ormat Technologies Chief Executive Officer Doron Blachar on Glassdoor.com. Doron Blachar has an approval rating of 100% among the company's employees. This puts Doron Blachar in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. Who are Ormat Technologies' major shareholders? Top institutional investors of Ormat Technologies include Bank of New York Mellon Corp (0.93%), Guinness Asset Management LTD (0.65%), Portman Square Capital LLP and LGT Capital Partners LTD. (0.29%). Insiders that own company stock include Corp Orix, Isaac Angel, Doron Blachar, Shlomi Argas, Stanley Stern, David Granot, Dafna Sharir, Dan Falk and Shimon Hatzir. View institutional ownership trends. How do I buy shares of Ormat Technologies? Shares of ORA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Ormat Technologies own? Based on aggregate information from My MarketBeat watchlists, some other companies that Ormat Technologies investors own include QUALCOMM (QCOM), NVIDIA (NVDA), Micron Technology (MU), AT&T (T), Intel (INTC), Xilinx (XLNX) and Tesla (TSLA). This page (NYSE:ORA) was last updated on 7/27/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredMusk’s new company could top a trillion?The investment legend who predicted the rise of Bitcoin, Facebook and streaming services like Netflix… Just...Paradigm Press | SponsoredJ.P. Morgan’s DIRE WarningWhen the largest bank in the U.S. says a crisis is coming - you NEED to listen. 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