NYSE:ORA Ormat Technologies (ORA) Stock Price, News & Analysis $73.69 +1.13 (+1.56%) (As of 09/11/2024 ET) Add Compare Share Share Today's Range$72.77▼$73.9550-Day Range$70.43▼$78.1652-Week Range$58.73▼$78.51Volume250,879 shsAverage Volume447,424 shsMarket Capitalization$4.45 billionP/E Ratio33.19Dividend Yield0.65%Price Target$81.67 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 Buy2.50 Rating ScoreUpside/Downside10.8% Upside$81.67 Price TargetShort InterestHealthy4.60% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainability2.08Upright™ Environmental ScoreNews Sentiment1.43Based on 5 Articles This WeekInsider TradingSelling Shares$32,436 Sold Last QuarterProj. Earnings Growth26.47%From $2.04 to $2.58 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.4.66 out of 5 starsOils/Energy Sector32nd out of 229 stocksElectric Services Industry2nd out of 45 stocks 2.3 Analyst's Opinion Consensus RatingOrmat Technologies has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageOrmat Technologies has only been the subject of 3 research reports in the past 90 days.Read more about Ormat Technologies' stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted4.60% 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 6.3.Change versus previous monthShort interest in Ormat Technologies has recently decreased by 4.14%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend YieldOrmat Technologies has a dividend yield of 0.66%, 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 18.60% 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 3.6 News and Social Media Coverage News SentimentOrmat Technologies has a news sentiment score of 1.43. 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 0.67 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.MarketBeat Follows2 people have added Ormat Technologies to their MarketBeat watchlist in the last 30 days. This is an increase of 100% 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 $32,436.00 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 26.47% in the coming year, from $2.04 to $2.58 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ormat Technologies is 33.19, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.53.Price to Earnings Ratio vs. SectorThe P/E ratio of Ormat Technologies is 33.19, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 14.63.Price to Earnings Growth RatioOrmat Technologies has a PEG Ratio of 3.57. 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 1.82. 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 Behind the MarketsONE AI Stock is All You Need...If you want the potential for huge gains with AI stocks... You need to ignore 99% of the stock market.Click here for the ticker >>> 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 HeadlinesAugust 28, 2024 | insidertrades.comOrmat Technologies, Inc. (NYSE:ORA) Director Dafna Sharir Sells 433 SharesSeptember 6, 2024 | finance.yahoo.comDo Fundamentals Have Any Role To Play In Driving Ormat Technologies, Inc.'s (NYSE:ORA) Stock Up Recently?September 12, 2024 | Deal Maker (Ad)Invest before this deal closes on 9/18This company can create aviation fuels from waste, they qualify to help airlines meet net-zero carbon pledges as demand ramps up. The market for this type of fuel is projected to grow 1,500% by 2030. Invest before this investment round closes on 9/18.August 19, 2024 | nz.finance.yahoo.comAmeresco, Inc. (AMRC) latest stock news & headlines – Yahoo FinanceAugust 15, 2024 | finance.yahoo.comOrmat Signs Its First Tolling Agreements in Texas for Two 60MW/120MWH Energy Storage FacilitiesAugust 15, 2024 | msn.comOrmat signs first tolling agreements in Texas for two energy storage facilitiesAugust 14, 2024 | ca.finance.yahoo.comORA Jan 2025 85.000 putAugust 13, 2024 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Utilities Companies: Hawaiian Electric (HE) and Ormat Techno (ORA)September 12, 2024 | Deal Maker (Ad)Invest before this deal closes on 9/18This company can create aviation fuels from waste, they qualify to help airlines meet net-zero carbon pledges as demand ramps up. The market for this type of fuel is projected to grow 1,500% by 2030. Invest before this investment round closes on 9/18.August 13, 2024 | ca.finance.yahoo.comORA Dec 2024 75.000 putAugust 13, 2024 | ca.finance.yahoo.comORA Dec 2024 105.000 callAugust 8, 2024 | markets.businessinsider.comOrmat Techno: Hold Rating Amidst Project Delays and Operational Challenges Offset by Growth Prospects and Tax Credit BenefitsAugust 7, 2024 | markets.businessinsider.comAnalysts Offer Insights on Utilities Companies: Constellation Energy Corporation (CEG) and Ormat Techno (ORA)August 7, 2024 | seekingalpha.comOrmat Technologies, Inc. (ORA) Q2 2024 Earnings Call TranscriptAugust 7, 2024 | benzinga.comOrmat Q2 Earnings Beat Estimates, Revenues Rise Y/YAugust 7, 2024 | seekingalpha.comOrmat Technologies, Inc. 2024 Q2 - Results - Earnings Call PresentationAugust 6, 2024 | globenewswire.comOrmat Technologies Reports Second Quarter 2024 Financial ResultsAugust 3, 2024 | seekingalpha.comOrmat Technologies: Risk/Reward Skewed To The Downside On Starting ValuationsSee 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 Earnings8/06/2024Ex-Dividend for 9/3 Dividend8/20/2024Dividend Payable9/03/2024Today9/11/2024Next Earnings (Estimated)11/13/2024Fiscal 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$81.67 High Stock Price Target$100.00 Low Stock Price Target$73.00 Potential Upside/Downside+10.8%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$2.22 Trailing P/E Ratio33.19 Forward P/E Ratio36.12 P/E Growth3.57Net Income$124.40 million Net Margins14.89% Pretax Margin15.50% Return on Equity5.40% Return on Assets2.50% Debt Debt-to-Equity Ratio0.72 Current Ratio0.97 Quick Ratio0.89 Sales & Book Value Annual Sales$829.42 million Price / Sales5.37 Cash Flow$5.82 per share Price / Cash Flow12.67 Book Value$40.44 per share Price / Book1.82Miscellaneous Outstanding Shares60,450,000Free Float59,818,000Market Cap$4.45 billion OptionableOptionable Beta0.53 The Next 7 Blockbuster Stocks for Growth InvestorsWondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.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:GNECentrais Elétricas Brasileiras S.A. - EletrobrásNYSE:EBRAvangridNYSE:AGRView All CompetitorsInsiders & InstitutionsDafna SharirSold 433 sharesTotal: $32,436.03 ($74.91/share)Susquehanna International Group LLPSold 6,600 shares on 8/16/2024Ownership: 0.000%Creative PlanningBought 996 shares on 8/16/2024Ownership: 0.020%Algert Global LLCBought 5,472 shares on 8/16/2024Ownership: 0.009%Susquehanna Fundamental Investments LLCSold 3,008 shares on 8/15/2024Ownership: 0.047%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 the year. Since then, ORA shares have decreased by 2.8% and is now trading at $73.69. View the best growth stocks for 2024 here. How were Ormat Technologies' earnings last quarter? Ormat Technologies, Inc. (NYSE:ORA) released its earnings results on Tuesday, August, 6th. The energy company reported $0.40 EPS for the quarter, beating analysts' consensus estimates of $0.37 by $0.03. Ormat Technologies's revenue for the quarter was up 9.3% on a year-over-year basis. 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 shareholders of Ormat Technologies include Impax Asset Management Group plc (3.85%), Dimensional Fund Advisors LP (2.40%), Van Berkom & Associates Inc. (2.19%) and Bank of New York Mellon Corp (0.93%). 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 9/12/2024 by MarketBeat.com Staff From Our PartnersInvest before this deal closes on 9/18This company can create aviation fuels from waste, they qualify to help airlines meet net-zero carbon pledges ...Deal Maker | Sponsored“Why I don’t care if the Fed cuts rates” - SYKES In on Friday out by Monday Over the past decade I’ve made millions of dollars with a strategy I call Weeken...Timothy Sykes | SponsoredHow you could collect “AI Royalties” from NVIDIA, META and TSMC...If you've missed out on the first wave of big AI winners... Don't worry. 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