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: $47.66
  • 50 Day Moving Average: $48.39
  • 200 Day Moving Average: $45.24
  • 52-Week Range: $32.25 - $51.19
  • Trailing P/E Ratio: 15.84
  • Foreward P/E Ratio: 23.48
  • P/E Growth: 1.70
  • Market Cap: $2.36B
  • Outstanding Shares: 49,569,000
  • Beta: 1.19
  • Net Margins: 23.05%
  • Return on Equity: 9.18%
  • Return on Assets: 4.39%
  • Debt-to-Equity Ratio: 0.72%
  • Current Ratio: 1.97%
  • Quick Ratio: 1.88%
Additional Links:
Companies Related to Ormat Technologies:

Analyst Ratings

Consensus Ratings for Ormat Technologies (NYSE:ORA) (?)
Ratings Breakdown: 1 Sell Rating, 2 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.20)
Consensus Price Target: $44.75 (6.11% downside)

Analysts' Ratings History for Ormat Technologies (NYSE:ORA)
DateFirmActionRatingPrice TargetDetails
9/8/2016Oppenheimer Holdings Inc.Initiated CoverageOutperform$54.00View Rating Details
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 10/21/2014 forward)


Earnings History for Ormat Technologies (NYSE:ORA)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
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)


Earnings Estimates for Ormat Technologies (NYSE:ORA)
Current Year EPS Consensus Estimate: $2 EPS
Next Year EPS Consensus Estimate: $2.03 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)


Current Dividend Information for Ormat Technologies (NYSE:ORA)
Annual Dividend:$0.28
Dividend Yield:0.59%
Dividend Growth:48.10% (3 Year Average)
Payout Ratio:9.49% (Based on Trailing 12 Months of Earnings)
14.00% (Based on Current Year Consensus EPS Estimate)
13.79% (Based on Next Year Consensus EPS Estimate)

Dividend History for Ormat Technologies (NYSE:ORA)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Ormat Technologies (NYSE:ORA)
Insider Ownership Percentage: 22.97%
Institutional Ownership Percentage: 41.28%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/28/2016Gillon BeckDirectorSell390,000$48.64$18,969,600.00View SEC Filing  
9/6/2016Dan FalkDirectorSell7,500$48.90$366,750.00View SEC Filing  
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)


Latest Headlines for Ormat Technologies (NYSE:ORA)
News IconOrmat Technologies, Inc. (NYSE:ORA) Latest Broker Coverage ... - NewsDen (NYSE:ORA)
newsden.net - October 20 at 8:36 PM
News IconFlash in the Pan or Long Term Growth Play: Ormat Technologies, Inc ... - CSZ News (NYSE:ORA)
cincysportszone.com - October 20 at 3:15 PM
capitalcube.com logoOrmat Technologies, Inc. : ORA-US: Dividend Analysis : August 16th, 2016 (record date) : By the numbers : October 19, 2016 (NYSE:ORA)
www.capitalcube.com - October 19 at 6:57 PM
News IconInsiders are Scaling Back Holdings in Ormat Technologies, Inc. (NYSE:ORA) - CSZ News (NYSE:ORA)
cincysportszone.com - October 17 at 6:30 PM
News IconWall Street Consensus Watch on Ormat Technologies, Inc. (NYSE:ORA) - Recall News (NYSE:ORA)
www.automobile-recalls.net - October 17 at 6:30 PM
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dailyquint.com - October 17 at 6:30 PM
News Icon257805 Shares of Ormat Technologies Inc. (ORA) are sold by JPMorgan Chase & Co. - DailyQuint (NYSE:ORA)
dailyquint.com - October 15 at 6:15 PM
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thedailyleicester.com - October 15 at 6:15 PM
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twincountynews.com - October 15 at 11:22 AM
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cincysportszone.com - October 13 at 6:45 PM
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www.mmahotstuff.com - October 13 at 10:17 AM
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www.automobile-recalls.net - October 11 at 6:54 PM
News IconRecently Changed Price Targets On Ormat Technologies, Inc. (NYSE:ORA) - NewsDen (NYSE:ORA)
newsden.net - October 7 at 6:22 PM
News IconAnalysts Implying Upside & Long Term Growth for Ormat Technologies, Inc. (NYSE:ORA) - CSZ News (NYSE:ORA)
cincysportszone.com - October 7 at 11:48 AM
finance.yahoo.com logoOrmat Technologies, Inc. to Host Conference Call Announcing Third Quarter 2016 Financial Results on November 8, 2016 (NYSE:ORA)
finance.yahoo.com - October 6 at 12:08 PM
nasdaq.com logoORA Crosses Above Average Analyst Target - Nasdaq (NYSE:ORA)
www.nasdaq.com - October 5 at 11:51 AM
capitalcube.com logoOrmat Technologies, Inc. – Value Analysis (NYSE:ORA) : October 3, 2016 (NYSE:ORA)
www.capitalcube.com - October 3 at 6:13 PM
nasdaq.com logoORA Crosses Above Average Analyst Target (NYSE:ORA)
www.nasdaq.com - October 3 at 11:13 AM
News IconBroker Roundup For Ormat Technologies, Inc. (NYSE:ORA) - The De Soto Edge (NYSE:ORA)
desotoedge.com - September 30 at 11:51 AM
News IconOrmat Technologies, Inc. (NYSE:ORA) Latest Broker Coverage - NewsDen (NYSE:ORA)
newsden.net - September 29 at 6:33 PM
News IconAnalysts Take the Wheel on Ormat Technologies, Inc. (NYSE:ORA) Shares and Where They Might Be Headed - Frisco Fastball (NYSE:ORA)
friscofastball.com - September 29 at 6:33 PM
finance.yahoo.com logoInvest The Driehaus Way with These 5 Momentum Stocks (NYSE:ORA)
finance.yahoo.com - September 29 at 11:45 AM
seekingalpha.com logoOrmat Technologies: The Heat Is On - Ormat Technologies, Inc ... - Seeking Alpha (NYSE:ORA)
seekingalpha.com - September 26 at 6:42 PM
News IconEarnings Take Center Stage; Analysts Weighing in on Ormat Technologies, Inc. (NYSE:ORA) - Frisco Fastball (NYSE:ORA)
friscofastball.com - September 23 at 11:23 AM
News IconShares Have Ticked Up Over the Last Five Trading Sessions: Ormat Technologies, Inc. (NYSE:ORA) - Post News (NYSE:ORA)
www.kentuckypostnews.com - September 20 at 11:53 AM
investornewswire.com logoOrmat Technologies, Inc. (NYSE:ORA): Stock Rating Update - Investor Newswire (NYSE:ORA)
www.investornewswire.com - September 19 at 11:08 AM
streetinsider.com logoForm 8-K ORMAT TECHNOLOGIES, INC. For: Sep 14 (NYSE:ORA)
www.streetinsider.com - September 14 at 6:44 PM
biz.yahoo.com logoORMAT TECHNOLOGIES, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financi (NYSE:ORA)
biz.yahoo.com - September 14 at 10:53 AM
News IconAnalysts Place Ormat Technologies, Inc. (NYSE:ORA) Under the Lens of the Microscope - Post News (NYSE:ORA)
www.kentuckypostnews.com - September 12 at 6:20 PM
News IconStock Up Over the Past Five Trading Sessions: Ormat Technologies, Inc. (NYSE:ORA) - Post News (NYSE:ORA)
www.kentuckypostnews.com - September 12 at 6:20 PM
News IconOrmat raises $204m debt from Israeli institutions (NYSE:ORA)
www.globes.co.il - September 11 at 10:41 AM
finance.yahoo.com logoOrmat Technologies Inc. Concludes Auction to Price $204 Million Aggregate Principal Amount of Senior Unsecured Bonds in Proposed Regulation S Offering (NYSE:ORA)
finance.yahoo.com - September 11 at 10:41 AM
News IconInstitutional Investors Have Decreased Positions in Ormat Technologies, Inc. (NYSE:ORA) - Post News (NYSE:ORA)
www.kentuckypostnews.com - September 9 at 11:22 AM
News IconFuelCell Energy (FCEL) Loss Narrower than Expected in Q3 - Yahoo Sports (NYSE:ORA)
sports.yahoo.com - September 8 at 6:22 PM
News IconSell-side is Weighing in on Ormat Technologies, Inc. (NYSE:ORA) Earnings - Frisco Fastball (NYSE:ORA)
friscofastball.com - September 8 at 10:27 AM
News IconStock Trading Above Moving Averages: Ormat Technologies, Inc. (NYSE:ORA) - Post News (NYSE:ORA)
www.kentuckypostnews.com - September 8 at 10:27 AM
capitalcube.com logoETF’s with exposure to Ormat Technologies, Inc. : August 29, 2016 (NYSE:ORA)
www.capitalcube.com - August 29 at 6:27 PM
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


Ormat Technologies (NYSE:ORA) Chart for Friday, October, 21, 2016

Last Updated on 10/21/2016 by MarketBeat.com Staff