Ormat Technologies Company Profile (NYSE:ORA)

About Ormat Technologies

Ormat Technologies logoOrmat Technologies, Inc. is engaged in the geothermal and recovered energy power business. The Company designs, develops, builds, owns and operates geothermal and recovered energy-based power plants. The Company's equipment manufacturing operations are located in Israel. The Company conducts its business activities in two business segments: Electricity segment and Product segment. The Company's Electricity segment develops, builds, owns and operates geothermal and recovered energy-based power plants in the United States and geothermal power plants in other countries around the world, and sells the electricity it generates. The Company's Product Segment designs, manufactures and sells equipment for geothermal and recovered energy-based electricity generation, remote power units and other power generating units, and provide services relating to the engineering, procurement, construction, operation and maintenance of geothermal, and recovered energy-based power plants.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Electric Utilities
  • Sub-Industry: Independent Power Producers & Energy Traders
  • Exchange: NYSE
  • Symbol: ORA
  • CUSIP: 68668810
Key Metrics:
  • Previous Close: $48.37
  • 50 Day Moving Average: $46.51
  • 200 Day Moving Average: $42.74
  • Trailing P/E Ratio: 16.08
  • Foreward P/E Ratio: 23.48
  • P/E Growth: 1.72
  • Market Cap: $2.40B
  • Outstanding Shares: 49,569,000
  • Beta: 1.28
Additional Links:
Companies Related to Ormat Technologies:

Analyst Ratings

Consensus Ratings for Ormat Technologies (NYSE:ORA) (?)
Ratings Breakdown: 1 Sell Rating, 2 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $41.67 (13.86% downside)

Analysts' Ratings History for Ormat Technologies (NYSE:ORA)
Show:
DateFirmActionRatingPrice TargetDetails
8/3/2016JPMorgan Chase & Co.Reiterated RatingHoldView Rating Details
7/28/2016Roth CapitalInitiated CoverageBuy$50.00View Rating Details
1/4/2016Barclays PLCBoost Price TargetUnderweight$29.00 -> $32.00View Rating Details
11/5/2015Avondale PartnersDowngradeOutperform -> Market PerformView Rating Details
(Data available from 8/28/2014 forward)

Earnings

Earnings History for Ormat Technologies (NYSE:ORA)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/1/2016        
8/2/2016Q2$0.42$0.49$152.88 million$159.90 millionViewN/AView Earnings Details
5/4/2016Q116$0.35$0.59$136.66 million$151.60 millionViewN/AView Earnings Details
2/23/2016Q4$0.44$0.46$157.00 million$171.10 millionViewListenView Earnings Details
11/3/2015Q3$0.49$0.46$153.71 million$162.90 millionViewN/AView Earnings Details
8/3/2015Q215$0.35$0.28$139.58 million$140.50 millionViewN/AView Earnings Details
5/6/2015Q115$0.38$0.21$135.70 million$120.20 millionViewN/AView Earnings Details
2/24/2015Q414$0.38$0.31$145.52 millionViewN/AView Earnings Details
11/5/2014Q314$0.33$0.38$136.80 million$140.20 millionViewN/AView Earnings Details
8/5/2014Q214$0.30$0.20$125.26 millionViewN/AView Earnings Details
5/8/2014Q114$0.21$0.47$133.68 million$142.44 millionViewN/AView Earnings Details
11/5/2013Q313$0.31$0.28$131.70 million$130.75 millionViewN/AView Earnings Details
8/6/2013Q2 2013$0.19$0.41$129.15 million$152.70 millionViewN/AView Earnings Details
5/7/2013Q1 2013$0.02($0.04)$121.36 million$121.71 millionViewN/AView Earnings Details
2/27/2013Q4 2012$0.01($4.91)$102.42 million$116.10 millionViewListenView Earnings Details
11/6/2012Q312$0.21($0.01)$127.49 million$136.10 millionViewN/AView Earnings Details
5/8/2012$0.08$0.17ViewN/AView Earnings Details
11/2/2011$0.14$0.02ViewN/AView Earnings Details
5/5/2011$0.01($0.20)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Ormat Technologies (NYSE:ORA)
Current Year EPS Consensus Estimate: $2 EPS
Next Year EPS Consensus Estimate: $2.06 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.38$0.38$0.38
Q3 20161$0.51$0.51$0.51
Q4 20161$0.54$0.54$0.54
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Ormat Technologies (NYSE:ORA)
Annual Dividend:$0.28
Dividend Yield:0.58%
Payout Ratio:9.49% (Based on Trailing 12 Months of Earnings)
14.00% (Based on Current Year Consensus EPS Estimate)
13.59% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:48.10% (3 Year Average)

Dividend History for Ormat Technologies (NYSE:ORA)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/4/2016quarterly$0.070.59%8/12/20168/16/20168/30/2016
5/6/2016quarterly$0.070.65%5/16/20165/18/20165/24/2016
2/25/2016quarterly$0.313.18%3/11/20163/15/20163/29/2016
11/4/2015quarterly$0.060.63%11/16/201511/18/201512/2/2015
8/4/2015quarterly$0.060.62%8/17/20158/18/20159/2/2015
5/8/2015quarterly$0.060.65%5/15/20155/19/20155/27/2015
2/27/2015quarterly$0.080.94%3/12/20153/16/20153/27/2015
11/7/2014quarterly$0.050.7%11/18/201411/20/201412/4/2014
8/5/2014quarterly$0.050.8%8/15/20148/19/20148/28/2014
5/9/2014quarterly$0.050.69%5/19/20145/21/20145/30/2014
2/27/2014quarterly$0.060.88%3/11/20143/13/20143/27/2014
11/6/2013quarterly$0.040.6%11/18/201311/20/201312/4/2013
8/8/2013quarterly$0.040.66%8/15/20138/19/20138/29/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Ormat Technologies (NYSE:ORA)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/19/2016Robert F ClarkeDirectorSell22,500$47.74$1,074,150.00View SEC Filing  
8/9/2016Etty RosnerSVPSell515$48.17$24,807.55View SEC Filing  
8/8/2016David GranotDirectorSell3,500$48.27$168,945.00View SEC Filing  
6/30/2016Shimon HatzirVPSell2,857$43.50$124,279.50View SEC Filing  
6/8/2016Shlomi ArgasVPSell6,344$44.60$282,942.40View SEC Filing  
6/7/2016Etty RosnerSVPSell4,734$44.50$210,663.00View SEC Filing  
6/6/2016Dan FalkDirectorSell7,500$43.99$329,925.00View SEC Filing  
6/6/2016Zvi KriegerVPSell5,818$44.25$257,446.50View SEC Filing  
5/29/2016Bronicki Investments Ltd.InsiderSell41,284$43.30$1,787,597.20View SEC Filing  
5/24/2016Zvi KriegerVPSell5,848$43.85$256,434.80View SEC Filing  
5/10/2016Shimon HatzirVPSell5,848$43.50$254,388.00View SEC Filing  
5/9/2016Nir WolfVPSell5,854$42.90$251,136.60View SEC Filing  
4/12/2016Doron BlacharCFOSell3,613$40.85$147,591.05View SEC Filing  
4/11/2016Doron BlacharCFOSell13,158$40.37$531,188.46View SEC Filing  
4/8/2016Doron BlacharCFOSell10,439$40.61$423,927.79View SEC Filing  
4/7/2016Doron BlacharCFOSell18,221$40.33$734,852.93View SEC Filing  
4/6/2016Doron BlacharCFOSell24,569$40.60$997,501.40View SEC Filing  
3/21/2016Bronicki Investments Ltd.InsiderSell51,000$40.61$2,071,110.00View SEC Filing  
3/15/2016Robert Eugene JoyalDirectorSell15,000$39.57$593,550.00View SEC Filing  
3/11/2016Erez KleinVPSell7,708$40.77$314,255.16View SEC Filing  
3/10/2016Shimon HatzirVPSell3,033$40.70$123,443.10View SEC Filing  
3/9/2016David GranotDirectorSell4,000$39.90$159,600.00View SEC Filing  
3/8/2016Etty RosnerSVPSell3,055$39.46$120,550.30View SEC Filing  
3/7/2016Shlomi ArgasVPSell4,000$39.35$157,400.00View SEC Filing  
3/4/2016Zvi KriegerVPSell9,303$30.93$287,741.79View SEC Filing  
2/29/2016Zvi KriegerVPSell17,644$38.47$678,764.68View SEC Filing  
2/28/2016Bronicki Investments Ltd.InsiderSell194,000$38.02$7,375,880.00View SEC Filing  
2/26/2016Etty RosnerSVPSell5,223$38.64$201,816.72View SEC Filing  
2/26/2016Shimon HatzirVPSell16,792$39.30$659,925.60View SEC Filing  
12/31/2015Etty RosnerSVPSell7,092$37.00$262,404.00View SEC Filing  
12/17/2015Bronicki Investments Ltd.InsiderSell51,000$35.02$1,786,020.00View SEC Filing  
11/24/2015David GranotDirectorSell1,250$36.50$45,625.00View SEC Filing  
11/22/2015David GranotDirectorSell1,500$36.10$54,150.00View SEC Filing  
11/11/2015Yehudit BronickiDirectorSell7,500$36.00$270,000.00View SEC Filing  
11/9/2015Robert Eugene JoyalDirectorSell15,000$36.57$548,550.00View SEC Filing  
11/8/2015Bronicki Investments Ltd.InsiderSell189,000$36.77$6,949,530.00View SEC Filing  
9/21/2015David GranotDirectorSell1,000$36.61$36,610.00View SEC Filing  
8/17/2015Robert F ClarkeDirectorSell22,500$37.33$839,925.00View SEC Filing  
6/22/2015Etty RosnerSVPSell2,541$39.08$99,302.28View SEC Filing  
6/17/2015Etty RosnerSVPSell2,321$38.00$88,198.00View SEC Filing  
6/16/2015Shimon HatzirVPSell2,560$38.00$97,280.00View SEC Filing  
6/15/2015Nir WolfVPSell2,212$37.50$82,950.00View SEC Filing  
6/3/2015Shlomi ArgasVPSell2,457$37.70$92,628.90View SEC Filing  
5/26/2015Bronicki Investments Ltd.InsiderSell240,000$37.24$8,937,600.00View SEC Filing  
5/21/2015David GranotDirectorSell3,750$38.00$142,500.00View SEC Filing  
5/21/2015Etty RosnerSVPSell2,586$37.72$97,543.92View SEC Filing  
3/31/2015Etty RosnerSVPSell3,563$37.84$134,823.92View SEC Filing  
3/31/2015Zvi ReissInsiderSell2,591$37.94$98,302.54View SEC Filing  
3/30/2015Nir WolfVPSell2,426$38.10$92,430.60View SEC Filing  
3/19/2015Nir WolfVPSell9,327$37.33$348,176.91View SEC Filing  
3/18/2015Zvi KriegerVPSell8,610$36.84$317,192.40View SEC Filing  
3/12/2015Dan FalkDirectorSell7,500$36.75$275,625.00View SEC Filing  
3/12/2015Shlomi ArgasVPSell2,540$37.00$93,980.00View SEC Filing  
3/11/2015Etty RosnerSVPSell2,392$34.70$83,002.40View SEC Filing  
3/10/2015Shimon HatzirVPSell4,981$34.81$173,388.61View SEC Filing  
3/9/2015David GranotDirectorSell3,750$34.58$129,675.00View SEC Filing  
3/5/2015Zvi ReissInsiderSell3,788$32.67$123,753.96View SEC Filing  
3/2/2015Zvi KriegerVPSell6,643$34.00$225,862.00View SEC Filing  
6/10/2014Shimon HatzirVPSell1,045$30.00$31,350.00View SEC Filing  
6/6/2014Etty RosnerSVPSell1,834$30.21$55,405.14View SEC Filing  
3/31/2014Zvi ReissInsiderSell1,964$30.40$59,705.60View SEC Filing  
11/11/2013Ohad ZimronVPSell2,226$26.64$59,300.64View SEC Filing  
8/27/2013David GranotDirectorSell3,750$25.11$94,162.50View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Ormat Technologies (NYSE:ORA)
DateHeadline
4-traders.com logoOrmat Technologies : S&P Maalot rates Ormat debt offering A+ (NYSE:ORA)
www.4-traders.com - August 25 at 6:41 PM
News IconS&P Maalot rates Ormat debt offering A+ (NYSE:ORA)
www.globes.co.il - August 25 at 11:46 AM
News IconShares Showing Gains in the Last Five Trading Sessions: Ormat Technologies, Inc. (NYSE:ORA) - Post News (NYSE:ORA)
www.kentuckypostnews.com - August 23 at 11:05 AM
capitalcube.com logoETF’s with exposure to Ormat Technologies, Inc. : August 18, 2016 (NYSE:ORA)
www.capitalcube.com - August 18 at 6:49 PM
finance.yahoo.com logoORMAT TECHNOLOGIES, INC. Financials (NYSE:ORA)
finance.yahoo.com - August 12 at 6:46 PM
nasdaq.com logoOrmat Technologies, Inc. (ORA) Ex-Dividend Date Scheduled for August 12, 2016 - Nasdaq (NYSE:ORA)
www.nasdaq.com - August 12 at 9:52 AM
forbes.com logoEx-Dividend Reminder: Jack in the Box, Aramark and Ormat Technologies (NYSE:ORA)
www.forbes.com - August 10 at 7:07 PM
capitalcube.com logoOrmat Technologies, Inc. :ORA-US: Earnings Analysis: Q2, 2016 By the Numbers : August 8, 2016 (NYSE:ORA)
www.capitalcube.com - August 8 at 6:53 PM
zacks.com logoNew Strong Buy Stocks for August 5th (NYSE:ORA)
www.zacks.com - August 6 at 9:30 AM
equities.com logoOrmat Technologies Inc. (ORA) Jumps 5.79% on August 03 - Equities.com (NYSE:ORA)
www.equities.com - August 5 at 9:44 AM
capitalcube.com logoOrange SA :ORA-FR: Earnings Analysis: For the six months ended June 30, 2016 : August 4, 2016 (NYSE:ORA)
www.capitalcube.com - August 4 at 9:49 AM
capitalcube.com logoOrange SA :ORA-IT: Earnings Analysis: For the six months ended June 30, 2016 : August 4, 2016 (NYSE:ORA)
www.capitalcube.com - August 4 at 9:49 AM
biz.yahoo.com logoORMAT TECHNOLOGIES, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and (NYSE:ORA)
biz.yahoo.com - August 3 at 7:01 PM
sg.finance.yahoo.com logoOrmat Technologies beats 2Q profit forecasts (NYSE:ORA)
sg.finance.yahoo.com - August 3 at 9:54 AM
finance.yahoo.com logoOrmat Technologies Reports a Double-Digit Growth in Revenues, Net Income, and Adjusted EBITDA in the Second Quarter (NYSE:ORA)
finance.yahoo.com - August 2 at 6:58 PM
finance.yahoo.com logo5:05 pm Ormat Tech beats by $0.07, beats on revs; reaffirms FY16 revs guidance (NYSE:ORA)
finance.yahoo.com - August 2 at 6:58 PM
biz.yahoo.com logoQ2 2016 Ormat Technologies Inc Earnings Release - After Market Close (NYSE:ORA)
biz.yahoo.com - August 2 at 11:35 AM
ftsenews.co.uk logoOrmat Technologies Inc (NYSE:ORA) Issued With 'Buy' Rating At Roth Capital - FTSE News (NYSE:ORA)
www.ftsenews.co.uk - July 30 at 9:32 AM
equities.com logoOrmat Technologies Inc. (ORA) Hits New 52-week High During July 28 Session - Equities.com (NYSE:ORA)
www.equities.com - July 30 at 9:32 AM
fidaily.com logoRoth Capital Initiates Coverage on Ormat Technologies, Inc. Common (ORA) Giving It An Initial Rating Of "Buy" - Finance Daily (NYSE:ORA)
www.fidaily.com - July 28 at 9:52 AM
equities.com logoOrmat Technologies Inc. (ORA) Hits New 52-week High During July 26 Session - Equities.com (NYSE:ORA)
www.equities.com - July 28 at 9:52 AM
equities.com logoOrmat Technologies Inc. (ORA) Hits New 52-week High During July 25 Session - Equities.com (NYSE:ORA)
www.equities.com - July 27 at 9:43 AM
capitalcube.com logoETF’s with exposure to Ormat Technologies, Inc. : July 26, 2016 (NYSE:ORA)
www.capitalcube.com - July 26 at 12:55 PM
News IconOrmat Tech Incorporated (NYSE:ORA) Shorts Decreased by 0.34% After Short Covering - Consumer Eagle (NYSE:ORA)
www.consumereagle.com - July 22 at 6:33 PM
News IconOrmat Technologies, Inc. (NYSE:ORA): Sell-Side Ratings and Company Earnings Glance - Engelwood Daily (NYSE:ORA)
www.engelwooddaily.com - July 22 at 6:33 PM
News IconAttention Grasping Stock With Upward Momentum: Ormat Technologies, Inc. (NYSE:ORA) - TGP (NYSE:ORA)
telanaganapress.com - July 22 at 6:33 PM
News IconEquity Roundup: Stock Performance Focus on Ormat Technologies, Inc. (NYSE:ORA) - Press Telegraph (NYSE:ORA)
presstelegraph.com - July 21 at 9:33 AM
bizjournals.com logoCPS Energy executive lays out plans for $3 million battery storage grant (NYSE:ORA)
www.bizjournals.com - July 20 at 7:28 PM
News IconStock Positive on the Year: Ormat Technologies, Inc. (NYSE:ORA) - TGP (NYSE:ORA)
telanaganapress.com - July 19 at 7:52 AM
capitalcube.com logoOrora Ltd. :ORA-AU: Earnings Analysis: For the six months ended December 31, 2015 : July 19, 2016 (NYSE:ORA)
www.capitalcube.com - July 19 at 1:56 AM
finance.yahoo.com logoOrmat Technologies, Inc. to Host Conference Call Announcing Second Quarter 2016 Financial Results (NYSE:ORA)
finance.yahoo.com - July 18 at 8:30 AM
ftsenews.co.uk logoNew Broker Ratings For Ormat Technologies, Inc. (NYSE:ORA) - FTSE News (NYSE:ORA)
www.ftsenews.co.uk - July 16 at 9:57 AM
News IconOrmat Technologies, Inc. (NYSE:ORA) Earnings Concentration and Analyst Target Watch - Engelwood Daily (NYSE:ORA)
www.engelwooddaily.com - July 16 at 9:57 AM
News IconTrading Performance and Target Watch for Ormat Technologies, Inc. (NYSE:ORA) - Press Telegraph (NYSE:ORA)
presstelegraph.com - July 14 at 6:56 PM
news.cmlviz.com logoOrmat Technologies, Inc. (NYSE:ORA) Fundamental Star Rating Report - CML News (NYSE:ORA)
news.cmlviz.com - July 14 at 6:56 PM
News IconShares Positive on the Year: Ormat Technologies, Inc. (NYSE:ORA) - Telanagana Press (NYSE:ORA)
telanaganapress.com - July 13 at 7:01 PM
ftsenews.co.uk logoOrmat Technologies, Inc. (NYSE:ORA) Updated Price Targets - FTSE News (NYSE:ORA)
www.ftsenews.co.uk - July 13 at 7:01 PM
News IconOrmat Technologies, Inc. (NYSE:ORA) Wall Street Analyst Recommendation Outlook - Telanagana Press (NYSE:ORA)
telanaganapress.com - July 13 at 7:01 PM
News IconStock on the Rise for the Quarter: Ormat Technologies, Inc. (NYSE:ORA) - Engelwood Daily (NYSE:ORA)
www.engelwooddaily.com - July 11 at 11:20 AM
fiscalstandard.com logoNext Weeks Broker Price Targets For Ormat Technologies, Inc. (NYSE:ORA) - Fiscal Standard (NYSE:ORA)
www.fiscalstandard.com - July 11 at 11:20 AM
News IconCan Ormat Technologies, Inc. (NYSE:ORA) Improve on the Earnings Front? - Engelwood Daily (NYSE:ORA)
www.engelwooddaily.com - July 8 at 6:41 PM
News IconCompany Stock Focus for Ormat Technologies, Inc. (NYSE:ORA): Which Way Will Shares Head? - Press Telegraph (NYSE:ORA)
presstelegraph.com - July 8 at 6:41 PM
fiscalstandard.com logoOrmat Technologies, Inc. (NYSE:ORA) Current Analyst Ratings - Fiscal Standard (NYSE:ORA)
www.fiscalstandard.com - July 8 at 6:41 PM
News IconOrmat Technologies, Inc. (NYSE:ORA) Stock Update: Check on Ratings and Target Price - Telanagana Press (NYSE:ORA)
telanaganapress.com - July 7 at 6:42 PM
news.cmlviz.com logoOption Market: Ormat Technologies Inc. Risk Hits A Depressed Level - CML News (NYSE:ORA)
news.cmlviz.com - July 7 at 6:42 PM
News IconStock Rating Watch and Earnings Insight for Ormat Technologies, Inc. (NYSE:ORA) - Press Telegraph (NYSE:ORA)
presstelegraph.com - July 7 at 6:42 PM
News IconPerformance Recap and Target Perspective on Ormat Technologies, Inc. (NYSE:ORA) - Press Telegraph (NYSE:ORA)
presstelegraph.com - July 7 at 6:42 PM
equities.com logoOrmat Technologies Inc. (ORA) is Trading Lower on Unusual Volume for July 05 - Equities.com (NYSE:ORA)
www.equities.com - July 7 at 6:42 PM
finance.yahoo.com logoOrmat Announces Closing of Acquisition of the Bouillante Geothermal Power Plant in the Island of Guadeloupe (NYSE:ORA)
finance.yahoo.com - July 5 at 12:00 PM
fiscalstandard.com logoBroker Outlook For The Week Ahead Ormat Technologies, Inc. (NYSE:ORA) - Fiscal Standard (NYSE:ORA)
www.fiscalstandard.com - July 4 at 5:56 PM

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Ormat Technologies (NYSE:ORA) Chart for Sunday, August, 28, 2016


Last Updated on 8/28/2016 by MarketBeat.com Staff