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

Ormat Technologies, Inc. (NYSE:ORA) issued its earnings results on Monday, May, 7th. The energy company reported $0.48 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.57 by $0.09. The energy company had revenue of $184 million for the quarter, compared to the consensus estimate of $176.72 million. Ormat Technologies had a return on equity of 11.11% and a net margin of 24.00%. The firm's revenue for the quarter was down 3.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.70 earnings per share. View Ormat Technologies' Earnings History.

Ormat Technologies is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 2018. View Earnings Estimates for Ormat Technologies.

6 equities research analysts have issued 12-month price objectives for Ormat Technologies' stock. Their forecasts range from $62.00 to $72.00. On average, they anticipate Ormat Technologies' stock price to reach $67.60 in the next twelve months. View Analyst Ratings for Ormat Technologies.

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

Media stories about ORA stock have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies positive and negative press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Ormat Technologies earned a news impact score of 0.13 on Accern's scale. They also gave news articles about the energy company an impact score of 46.85 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

Ormat Technologies' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (4.88%), Clal Insurance Enterprises Holdings Ltd (4.42%), Dimensional Fund Advisors LP (3.05%), Migdal Insurance & Financial Holdings Ltd. (2.19%), Delek Group Ltd. (2.09%) and Neuberger Berman Group LLC (0.98%). 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 Allianz Asset Management GmbH, Allianz Asset Management GmbH, Hussman Strategic Advisors Inc., Global Alpha Capital Management Ltd., Aperio Group LLC, Personal Capital Advisors Corp, Neuberger Berman Group LLC and Reynders McVeigh Capital Management 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 bought by a variety of institutional investors in the last quarter, including Delek Group Ltd., Van ECK Associates Corp, Clal Insurance Enterprises Holdings Ltd, Handelsbanken Fonder AB, Handelsbanken Fonder AB, Wells Fargo & Company MN, Schroder Investment Management Group and Point72 Asset Management L.P.. 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 $51.99.

Ormat Technologies has a market capitalization of $2.61 billion and generates $692.81 million in revenue each year. The energy company earns $155.48 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]