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

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

Ormat Technologies declared a quarterly dividend on Wednesday, February 27th. Shareholders of record on Thursday, March 14th will be given a dividend of $0.11 per share on Thursday, March 28th. This represents a $0.44 annualized dividend and a yield of 0.76%. The ex-dividend date of this dividend is Wednesday, March 13th. This is an increase from Ormat Technologies's previous quarterly dividend of $0.10. View Ormat Technologies' Dividend History.

Ormat Technologies, Inc. (NYSE:ORA) issued its earnings results on Tuesday, February, 26th. The energy company reported $0.52 EPS for the quarter, missing analysts' consensus estimates of $0.54 by $0.02. The energy company earned $190.47 million during the quarter, compared to the consensus estimate of $181.05 million. Ormat Technologies had a net margin of 10.17% and a return on equity of 5.84%. View Ormat Technologies' Earnings History.

Ormat Technologies is scheduled to release their next quarterly earnings announcement on Monday, May 6th 2019. View Earnings Estimates for Ormat Technologies.

Ormat Technologies will be holding an earnings conference call on Tuesday, May 7th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8775116790.

3 analysts have issued 1 year price objectives for Ormat Technologies' shares. Their predictions range from $60.00 to $72.00. On average, they anticipate Ormat Technologies' share price to reach $66.3333 in the next year. This suggests a possible upside of 14.0% from the stock's current price. View Analyst Price Targets for Ormat Technologies.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ormat Technologies in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Ormat Technologies.

News articles about ORA stock have been trending somewhat negative on Thursday, InfoTrie Sentiment reports. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Ormat Technologies earned a news sentiment score of -1.0 on InfoTrie's scale. They also assigned press coverage about the energy company a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future.

Some companies that are related to Ormat Technologies include NRG Energy (NRG), CENTRAIS ELETRI/S (EBR), RED ELECTRICA C/ADR (RDEIY), Pinnacle West Capital (PNW), Enel Americas (ENIA), Huaneng Power International Inc ADR Class N (HNP), ENGIE BRASIL EN/S (EGIEY), OGE Energy (OGE), CENTRICA PLC/S (CPYYY), CPFL Energia (CPL), Brookfield Renewable Partners (BEP), Algonquin Power & Utilities (AQN), Enel Chile (ENIC), IDACORP (IDA) and CEMIG (CIG).

Based on aggregate information from My MarketBeat watchlists, some companies that other Ormat Technologies investors own include Netflix (NFLX), NVIDIA (Nvda), Adobe (ADBE), salesforce.com (CRM), Corning (GLW), Cisco Systems (CSCO), Intel (Intc), Visa (V), Micron Technology (MU) and Alibaba Group (BABA).

Ormat Technologies' stock is owned by a number of of institutional and retail investors. Top institutional investors include Harel Insurance Investments & Financial Services Ltd. (0.46%), Bridge Creek Capital Management LLC (0.08%), Eagle Global Advisors LLC (0.04%), Nisa Investment Advisors LLC (0.03%) and Oppenheimer Asset Management Inc. (0.00%). 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.

ORA stock was sold by a variety of institutional investors in the last quarter, including Oppenheimer Asset Management Inc. and Eagle Global Advisors LLC. 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.

ORA stock was purchased by a variety of institutional investors in the last quarter, including Harel Insurance Investments & Financial Services Ltd., Nisa Investment Advisors LLC and Bridge Creek Capital Management LLC. View Insider Buying and Selling for 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.

One share of ORA stock can currently be purchased for approximately $58.17.

Ormat Technologies has a market capitalization of $2.95 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.

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

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]