NYSE:ORA - Ormat Technologies Stock Price, News, & Analysis

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$53.31 -0.74 (-1.37 %)
(As of 12/14/2018 04:00 PM ET)
Previous Close$53.31
Today's Range$53.17 - $54.16
52-Week Range$45.79 - $70.68
Volume230,188 shs
Average Volume155,429 shs
Market Capitalization$2.74 billion
P/E Ratio17.83
Dividend Yield0.74%
Beta1.51
Ormat Technologies, Inc. engages in the geothermal and recovered energy power business worldwide. The company operates through Electricity and Product segments. The Electricity segment develops, builds, owns, and operates geothermal and recovered energy-based power plants; and sells electricity. This segment also offers energy storage, demand response, and energy management related services. The Product segment designs, manufactures, and sells equipment for geothermal and recovered energy-based electricity generation, such as fossil fuel powered turbo-generators and heavy duty direct-current generators. This segment also provides services relating to the engineering, procurement, construction, operation, and maintenance of geothermal and recovered energy-based power plants. The Product segment serves contractors; developers, owners, and operators of geothermal power plants; 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. Ormat Technologies, Inc. was founded in 1965 and is based in Reno, Nevada.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Electric services
Sub-IndustryIndependent Power Producers & Energy Traders
SectorOils/Energy
Current SymbolNYSE:ORA
Previous Symbol
CUSIP68668810
Phone775-356-9029

Debt

Debt-to-Equity Ratio0.67
Current Ratio1.06
Quick Ratio0.97

Price-To-Earnings

Trailing P/E Ratio17.83
Forward P/E Ratio32.11
P/E Growth2.95

Sales & Book Value

Annual Sales$692.81 million
Price / Sales3.90
Cash Flow$5.1557 per share
Price / Cash Flow10.34
Book Value$25.61 per share
Price / Book2.08

Profitability

EPS (Most Recent Fiscal Year)$2.99
Net Income$132.41 million
Net Margins17.39%
Return on Equity8.86%
Return on Assets4.30%

Miscellaneous

Employees1,303
Outstanding Shares50,670,000
Market Cap$2.74 billion
OptionableOptionable

Ormat Technologies (NYSE:ORA) Frequently Asked Questions

What is Ormat Technologies' stock symbol?

Ormat Technologies trades on the New York Stock Exchange (NYSE) under the ticker symbol "ORA."

How often does Ormat Technologies pay dividends? What is the dividend yield for Ormat Technologies?

Ormat Technologies declared a quarterly dividend on Tuesday, November 6th. Stockholders of record on Tuesday, November 20th will be given a dividend of $0.10 per share on Tuesday, December 4th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.75%. The ex-dividend date is Monday, November 19th. View Ormat Technologies' Dividend History.

How were Ormat Technologies' earnings last quarter?

Ormat Technologies, Inc. (NYSE:ORA) released its earnings results on Tuesday, November, 6th. The energy company reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by $0.13. The energy company had revenue of $166.50 million for the quarter, compared to analysts' expectations of $172.97 million. Ormat Technologies had a return on equity of 8.86% and a net margin of 17.39%. Ormat Technologies's revenue was up 5.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.42 EPS. View Ormat Technologies' Earnings History.

When is Ormat Technologies' next earnings date?

Ormat Technologies is scheduled to release their next quarterly earnings announcement on Friday, March 15th 2019. View Earnings Estimates for Ormat Technologies.

What guidance has Ormat Technologies issued on next quarter's earnings?

Ormat Technologies issued an update on its FY 2018 earnings guidance on Tuesday, November, 6th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $698-722 million, compared to the consensus revenue estimate of $709.86 million.

What price target have analysts set for ORA?

6 brokerages have issued 1-year target prices for Ormat Technologies' shares. Their forecasts range from $60.00 to $72.00. On average, they anticipate Ormat Technologies' share price to reach $66.50 in the next twelve months. This suggests a possible upside of 24.7% from the stock's current price. View Analyst Price Targets for Ormat Technologies.

What is the consensus analysts' recommendation for Ormat Technologies?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ormat Technologies in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ormat Technologies.

Has Ormat Technologies been receiving favorable news coverage?

News articles about ORA stock have trended somewhat positive on Saturday, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Ormat Technologies earned a daily sentiment score of 1.0 on InfoTrie's scale. They also gave media stories about the energy company a news buzz of 9.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the near future.

Who are some of Ormat Technologies' key competitors?

Who are Ormat Technologies' key executives?

Ormat Technologies' management team includes the folowing people:
  • Mr. Doron Blachar, Chief Financial Officer (Age 50)
  • Mr. Shlomi Argas, Exec. VP of Products Segment & Operations (Age 53)
  • Mr. Bob Sullivan, Exec. VP of Bus. Devel., Sales & Marketing (Age 55)
  • Mr. Zvi Krieger, Exec. VP of Electricity Segment (Age 62)
  • Mr. Isaac Angel, Chief Exec. Officer (Age 62)

Who are Ormat Technologies' major shareholders?

Ormat Technologies' stock is owned by a number of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (7.26%), Vanguard Group Inc (7.26%), BlackRock Inc. (6.05%), Dimensional Fund Advisors LP (3.00%), Renaissance Technologies LLC (2.17%) and Migdal Insurance & Financial Holdings Ltd. (2.14%). Company insiders that own Ormat Technologies stock include Bob Sullivan, Bronicki Investments Ltd, Dafna Sharir, David Granot, Doron Blachar, Erez Klein, Etty Rosner, Gillon Beck, Isaac Angel, Iv 2007 Ltd Fimi, Nir Wolf, Robert Eugene Joyal, Robert F Clarke, Shimon Hatzir, Shlomi Argas and Zvi Krieger. View Institutional Ownership Trends for Ormat Technologies.

Which institutional investors are selling Ormat Technologies stock?

ORA stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, JPMorgan Chase & Co., Handelsbanken Fonder AB, First Trust Advisors LP, Penn Capital Management Co. Inc., Brasada Capital Management LP, Altshuler Shaham Ltd and Morgan Stanley. Company insiders that have sold Ormat Technologies company stock in the last year include Bob Sullivan, Dafna Sharir, David Granot and Erez Klein. View Insider Buying and Selling for Ormat Technologies.

Which institutional investors are buying Ormat Technologies stock?

ORA stock was purchased by a variety of institutional investors in the last quarter, including Global Alpha Capital Management Ltd., Glenmede Trust Co. NA, Vanguard Group Inc, Vanguard Group Inc., BlackRock Inc., Menora Mivtachim Holdings LTD., Jane Street Group LLC and Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management. View Insider Buying and Selling for Ormat Technologies.

How do I buy shares of Ormat Technologies?

Shares of ORA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Ormat Technologies' stock price today?

One share of ORA stock can currently be purchased for approximately $53.31.

How big of a company is Ormat Technologies?

Ormat Technologies has a market capitalization of $2.74 billion and generates $692.81 million in revenue each year. The energy company earns $132.41 million in net income (profit) each year or $2.99 on an earnings per share basis. Ormat Technologies employs 1,303 workers across the globe.

What is Ormat Technologies' official website?

The official website for Ormat Technologies is http://www.ormat.com.

How can I contact Ormat Technologies?

Ormat Technologies' mailing address is 6140 PLUMAS STREET, RENO NV, 89519. The energy company can be reached via phone at 775-356-9029 or via email at [email protected]


MarketBeat Community Rating for Ormat Technologies (NYSE ORA)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  196 (Vote Outperform)
Underperform Votes:  266 (Vote Underperform)
Total Votes:  462
MarketBeat's community ratings are surveys of what our community members think about Ormat Technologies and other stocks. Vote "Outperform" if you believe ORA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ORA will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/15/2018 by MarketBeat.com Staff

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