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 Tuesday, November 6th. Stockholders of record on Tuesday, November 20th will be given a dividend of $0.10 per share on Tuesday, December 4th. This represents a $0.40 annualized dividend and a dividend yield of 0.76%. The ex-dividend date of this dividend is Monday, November 19th. View Ormat Technologies' Dividend History.

Ormat Technologies, Inc. (NYSE:ORA) announced its quarterly earnings results on Tuesday, November, 6th. The energy company reported $0.31 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.44 by $0.13. The energy company earned $166.50 million during the quarter, compared to analyst estimates of $172.97 million. Ormat Technologies had a net margin of 17.39% and a return on equity of 8.86%. Ormat Technologies's quarterly revenue was up 5.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.42 earnings per share. View Ormat Technologies' Earnings History.

Ormat Technologies is scheduled to release their next quarterly earnings announcement on Friday, March 15th 2019. View Earnings Estimates for Ormat Technologies.

Ormat Technologies updated its FY 2018 earnings guidance on Tuesday, November, 6th. The company provided EPS guidance of for the period. The company issued revenue guidance of $698-722 million, compared to the consensus revenue estimate of $709.86 million.

6 Wall Street analysts have issued 12 month target prices for Ormat Technologies' stock. Their predictions range from $60.00 to $72.00. On average, they anticipate Ormat Technologies' share price to reach $66.50 in the next twelve months. This suggests a possible upside of 26.5% from the stock's current price. View Analyst Price Targets for Ormat Technologies.

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

News headlines about ORA stock have been trending somewhat negative on Tuesday, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of media 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 negative five to five, with scores nearest to five being the most favorable. Ormat Technologies earned a coverage optimism score of -1.2 on InfoTrie's scale. They also assigned press coverage about the energy company a news buzz of 5.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the company's share price in the next few days.

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

Ormat Technologies' stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.05%), Dimensional Fund Advisors LP (3.00%), Renaissance Technologies LLC (2.17%), Migdal Insurance & Financial Holdings Ltd. (2.14%), Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management (1.49%) and Glenmede Trust Co. NA (1.46%). 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 Renaissance Technologies LLC, JPMorgan Chase & Co., JPMorgan Chase & Co., Handelsbanken Fonder AB, First Trust Advisors LP, Penn Capital Management Co. Inc., Brasada Capital Management LP and Altshuler Shaham Ltd. Company insiders that have sold Ormat Technologies company stock in the last year include Bob Sullivan, Dafna Sharir and Erez Klein. View Insider Buying and Selling for Ormat Technologies.

ORA stock was bought by a variety of institutional investors in the last quarter, including Global Alpha Capital Management Ltd., Glenmede Trust Co. NA, BlackRock Inc., Menora Mivtachim Holdings LTD., Jane Street Group LLC, Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management, Jupiter Asset Management Ltd. and Alps Advisors Inc.. 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 $52.56.

Ormat Technologies has a market capitalization of $2.66 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.

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]