NYSE:ORA - Ormat Technologies Stock Price, Price Target & More

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

Ormat Technologies declared a quarterly dividend on Monday, May 7th. Shareholders of record on Monday, May 21st will be paid a dividend of $0.10 per share on Wednesday, May 30th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.77%. The ex-dividend date is Friday, May 18th. View Ormat Technologies' Dividend History.

Ormat Technologies, Inc. (NYSE:ORA) posted its earnings results on Monday, May, 7th. The energy company reported $0.48 EPS for the quarter, missing analysts' consensus estimates of $0.57 by $0.09. The energy company had revenue of $184 million for the quarter, compared to analysts' expectations of $176.72 million. Ormat Technologies had a return on equity of 11.03% and a net margin of 24.00%. The company's quarterly revenue was down 3.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.70 EPS. View Ormat Technologies' Earnings History.

Ormat Technologies is scheduled to release their next quarterly earnings announcement on Tuesday, August, 7th 2018. View Earnings Estimates for Ormat Technologies.

6 Wall Street analysts have issued 12 month target prices for Ormat Technologies' shares. Their predictions range from $62.00 to $72.00. On average, they expect Ormat Technologies' share price to reach $67.60 in the next year. This suggests a possible upside of 30.6% from the stock's current price. View Analyst Ratings for Ormat Technologies.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ormat Technologies in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to Ormat Technologies include NRG Energy (NRG), Enel Americas (ENIA), Pinnacle West Capital (PNW), CHINA RESOURES/ADR (CRPJY), OGE Energy (OGE), Great Plains Energy (GXP), ENGIE BRASIL EN/S (EGIEY), CPFL Energia (CPL), CENTRAIS ELETRI/S (EBR), Enel Generacion Chile (EOCC), Brookfield Renewable Partners (BEP), Enel Chile (ENIC), IDACORP (IDA), Algonquin Power & Utilities (AQN) and Portland General Electric (POR).

Headlines about ORA stock have been trending somewhat positive on Saturday, according to Accern Sentiment. The research firm identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Ormat Technologies earned a coverage optimism score of 0.22 on Accern's scale. They also assigned news headlines about the energy company an impact score of 45.56 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

Ormat Technologies' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Handelsbanken Fonder AB (0.69%), Boston Advisors LLC (0.12%), Bridge Creek Capital Management LLC (0.07%), Nisa Investment Advisors LLC (0.02%), Bank of Montreal Can (0.02%) and Xact Kapitalforvaltning AB (0.01%). Company insiders that own Ormat Technologies stock include Bob Sullivan, Bronicki Investments Ltd, Dan Falk, 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 Handelsbanken Fonder AB, Boston Advisors LLC and Nisa Investment Advisors LLC. Company insiders that have sold Ormat Technologies company stock in the last year include Bob Sullivan, Bronicki Investments Ltd, David Granot, Doron Blachar, Erez Klein, Etty Rosner, Gillon Beck, Isaac Angel, Iv 2007 Ltd Fimi, Robert Eugene Joyal, Shimon Hatzir and Shlomi Argas. View Insider Buying and Selling for Ormat Technologies.

ORA stock was purchased by a variety of institutional investors in the last quarter, including Bridge Creek Capital Management LLC, Smithfield Trust Co., Bank of Montreal Can and Xact Kapitalforvaltning AB. 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 $51.75.

Ormat Technologies has a market capitalization of $2.58 billion and generates $692.81 million in revenue each year. The energy company earns $132.41 million in net income (profit) each year or $2.99 on an earnings per share basis. Ormat Technologies employs 1,303 workers across the globe.

Ormat Technologies' mailing address is 6225 NEIL ROAD, RENO NV, 89511. The energy company can be reached via phone at 775-356-9029 or via email at [email protected]