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Ormat Technologies Stock Price, Forecast & Analysis (NYSE:ORA)

$76.58
+0.13 (+0.17 %)
(As of 11/19/2019 02:47 AM ET)
Today's Range
$76.04
Now: $76.58
$77.53
50-Day Range
$72.68
MA: $75.41
$77.66
52-Week Range
$49.70
Now: $76.58
$79.18
Volume109,826 shs
Average Volume162,204 shs
Market Capitalization$3.91 billion
P/E Ratio36.82
Dividend Yield0.58%
Beta1.03
Ormat Technologies, Inc engages in the geothermal and recovered energy power business in the United States, Indonesia, Kenya, Turkey, Chile, Guatemala, New Zealand, and internationally. The company operates through three segments: Electricity, Product, and Other. The Electricity segment develops, builds, owns, and operates geothermal and recovered energy-based power plants; and sells electricity. Read More…

Industry, Sector and Symbol

Industry Electric services
Sub-IndustryIndependent Power Producers & Energy Traders
SectorOils/Energy
CUSIP68668810
Phone775-356-9029

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$719.27 million
Cash Flow$4.69 per share
Book Value$29.51 per share

Profitability

Net Income$97.97 million

Miscellaneous

Employees1,346
Market Cap$3.91 billion
Next Earnings Date2/25/2020 (Estimated)
OptionableOptionable

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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 Wednesday, November 6th. Shareholders of record on Wednesday, November 20th will be paid a dividend of $0.11 per share on Wednesday, December 4th. This represents a $0.44 dividend on an annualized basis and a yield of 0.57%. The ex-dividend date of this dividend is Tuesday, November 19th. View Ormat Technologies' Dividend History.

How were Ormat Technologies' earnings last quarter?

Ormat Technologies, Inc. (NYSE:ORA) released its quarterly earnings data on Wednesday, November, 6th. The energy company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by $0.03. The energy company had revenue of $170.50 million for the quarter, compared to analysts' expectations of $171.11 million. Ormat Technologies had a return on equity of 6.00% and a net margin of 12.59%. Ormat Technologies's quarterly revenue was up 2.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.31 earnings per share. View Ormat Technologies' Earnings History.

When is Ormat Technologies' next earnings date?

Ormat Technologies is scheduled to release their next quarterly earnings announcement on Tuesday, February 25th 2020. View Earnings Estimates for Ormat Technologies.

What price target have analysts set for ORA?

4 brokers have issued 1-year price targets for Ormat Technologies' stock. Their forecasts range from $60.00 to $78.00. On average, they anticipate Ormat Technologies' share price to reach $71.75 in the next year. This suggests that the stock has a possible downside of 6.3%. View Analyst Price Targets for Ormat Technologies.

What is the consensus analysts' recommendation for Ormat Technologies?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ormat Technologies in the last year. There are currently 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Ormat Technologies.

Has Ormat Technologies been receiving favorable news coverage?

Media stories about ORA stock have been trending extremely negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Ormat Technologies earned a media sentiment score of -4.6 on InfoTrie's scale. They also gave media headlines about the energy company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Ormat Technologies.

Are investors shorting Ormat Technologies?

Ormat Technologies saw a increase in short interest during the month of October. As of October 31st, there was short interest totalling 594,800 shares, an increase of 7.3% from the September 30th total of 554,400 shares. Based on an average daily volume of 185,200 shares, the short-interest ratio is presently 3.2 days. Approximately 1.3% of the shares of the stock are short sold. View Ormat Technologies' Current Options Chain.

Who are some of Ormat Technologies' key competitors?

Some companies that are related to Ormat Technologies include AES (AES), NRG Energy (NRG), Atlantic Power (AT), Genie Energy (GNE) and American DG Energy (ADGE).

What other stocks do shareholders of Ormat Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ormat Technologies investors own include Netflix (NFLX), Cisco Systems (CSCO), Applied Materials (AMAT), Intel (Intc), Micron Technology (MU), NVIDIA (Nvda), Corning (GLW), AT&T (T), Caterpillar (CAT) and Home Depot (HD).

Who are Ormat Technologies' key executives?

Ormat Technologies' management team includes the folowing people:
  • Mr. Isaac Angel, Chief Exec. Officer (Age 63)
  • Mr. Doron Blachar, Chief Financial Officer (Age 51)
  • Mr. Shlomi Argas, Exec. VP of Products Segment & Operations (Age 54)
  • Mr. Bob Sullivan, Exec. VP of Bus. Devel., Sales & Marketing (Age 56)
  • Mr. Zvi Krieger, Exec. VP of Electricity Segment (Age 63)

Who are Ormat Technologies' major shareholders?

Ormat Technologies' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management (0.88%), Trillium Asset Management LLC (0.38%), California Public Employees Retirement System (0.19%), Rhumbline Advisers (0.12%), Alps Advisors Inc. (0.12%) and First Trust Advisors LP (0.10%). Company insiders that own Ormat Technologies stock include Bob Sullivan, Dafna Sharir, David Granot, Erez Klein, Nir Wolf, Ravit Barniv, Roberts Christopher, Shlomi Argas and Zvi Krieger. View Institutional Ownership Trends for Ormat Technologies.

Which major investors are selling Ormat Technologies stock?

ORA stock was sold by a variety of institutional investors in the last quarter, including Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management, Menora Mivtachim Holdings LTD., Trillium Asset Management LLC, First Trust Advisors LP, SG Americas Securities LLC, Yorktown Management & Research Co Inc, Bridge Creek Capital Management LLC and Smithfield Trust Co.. Company insiders that have sold Ormat Technologies company stock in the last year include Bob Sullivan, David Granot, Nir Wolf, Ravit Barniv, Shlomi Argas and Zvi Krieger. View Insider Buying and Selling for Ormat Technologies.

Which major investors are buying Ormat Technologies stock?

ORA stock was acquired by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, Chicago Equity Partners LLC, Russell Investments Group Ltd., Alps Advisors Inc., Strs Ohio, Rhumbline Advisers, Brasada Capital Management LP and Quest Capital Management Inc. ADV. 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, Robinhood, Fidelity and Charles Schwab.

What is Ormat Technologies' stock price today?

One share of ORA stock can currently be purchased for approximately $76.58.

How big of a company is Ormat Technologies?

Ormat Technologies has a market capitalization of $3.91 billion and generates $719.27 million in revenue each year. The energy company earns $97.97 million in net income (profit) each year or $2.08 on an earnings per share basis. Ormat Technologies employs 1,346 workers across the globe.View Additional Information About Ormat Technologies.

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:  2.2 out of 5 (star star)
Outperform Votes:  253 (Vote Outperform)
Underperform Votes:  315 (Vote Underperform)
Total Votes:  568
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 11/19/2019 by MarketBeat.com Staff

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