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.
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Industry, Sector and Symbol
Industry Electric services
Sub-IndustryIndependent Power Producers & Energy Traders
SectorOils/Energy
Phone775-356-9029
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$719.27 million
Profitability
Miscellaneous
Employees1,346
Next Earnings Date11/5/2019 (Estimated)
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 Wednesday, August 7th. Investors of record on Tuesday, August 20th will be paid a dividend of $0.11 per share on Tuesday, August 27th. This represents a $0.44 annualized dividend and a yield of 0.61%. The ex-dividend date of this dividend is Monday, August 19th. View Ormat Technologies' Dividend History.
How were Ormat Technologies' earnings last quarter?
Ormat Technologies, Inc. (NYSE:ORA) announced its earnings results on Wednesday, August, 7th. The energy company reported $0.40 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.31 by $0.09. The energy company earned $184.10 million during the quarter, compared to analyst estimates of $175.60 million. Ormat Technologies had a net margin of 11.98% and a return on equity of 6.07%. Ormat Technologies's revenue was up 3.3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.32 earnings per share. View Ormat Technologies' Earnings History.
When is Ormat Technologies' next earnings date?
What price target have analysts set for ORA?
3 analysts have issued 12 month price objectives for Ormat Technologies' stock. Their predictions range from $60.00 to $78.00. On average, they expect Ormat Technologies' stock price to reach $70.3333 in the next year. This suggests that the stock has a possible downside of 2.4%. View Analyst Price Targets for Ormat Technologies.
What is the consensus analysts' recommendation 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.
Has Ormat Technologies been receiving favorable news coverage?
Media stories about ORA stock have been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Ormat Technologies earned a news impact score of 0.9 on InfoTrie's scale. They also gave headlines about the energy company a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Ormat Technologies.
Are investors shorting Ormat Technologies?
Ormat Technologies saw a decrease in short interest in the month of August. As of August 31st, there was short interest totalling 888,900 shares, a decrease of 12.4% from the July 31st total of 1,014,300 shares. Based on an average trading volume of 170,700 shares, the days-to-cover ratio is currently 5.2 days. Approximately 2.0% 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 SSE PLC/S (SSEZY), Korea Electric Power (KEP), EDP-Energias de Portugal, S.A (EDPFY), Vistra Energy (VST), Pinnacle West Capital (PNW), Enel Americas (ENIA), NRG Energy (NRG), CPFL Energia (CPL), OGE Energy (OGE), ENGIE BRASIL EN/S (EGIEY), Huaneng Power International Inc ADR Class N (HNP), Algonquin Power & Utilities (AQN), Brookfield Renewable Partners (BEP), CHINA RESOURES/ADR (CRPJY) and CENTRICA PLC/S (CPYYY).
What other stocks do shareholders of Ormat Technologies own?
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 Vanguard Group Inc. (7.74%), BlackRock Inc. (6.67%), BlackRock Inc. (6.66%), Clal Insurance Enterprises Holdings Ltd (4.64%), Impax Asset Management Group plc (2.88%) and Global Alpha Capital Management Ltd. (2.41%). Company insiders that own Ormat Technologies stock include Bob Sullivan, Dafna Sharir, David Granot, Erez Klein, Etty Rosner, Nir Wolf, Ravit Barniv, Shimon Hatzir and Shlomi Argas. 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 Impax Asset Management Group plc, Delek Group Ltd., Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management, Migdal Insurance & Financial Holdings Ltd., Jane Street Group LLC, SG Americas Securities LLC, Handelsbanken Fonder AB and Bank of America Corp DE. Company insiders that have sold Ormat Technologies company stock in the last year include Bob Sullivan, Dafna Sharir, David Granot, Nir Wolf, Ravit Barniv and Shlomi Argas. 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 Nuveen Asset Management LLC, Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD, Man Group plc, BlackRock Inc., BlackRock Inc., Van ECK Associates Corp, Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD and Invesco Ltd.. 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 $72.08.
How big of a company is Ormat Technologies?
Ormat Technologies has a market capitalization of $3.68 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?
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)
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.
