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

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$51.99 +0.50 (+0.97 %)
(As of 06/18/2018 04:00 PM ET)
Previous Close$51.49
Today's Range$51.26 - $52.00
52-Week Range$50.43 - $70.68
Volume225,800 shs
Average Volume249,474 shs
Market Capitalization$2.61 billion
P/E Ratio17.18
Dividend Yield0.77%
Beta1.32

About Ormat Technologies (NYSE:ORA)

Ormat Technologies logoOrmat Technologies, Inc. engages in the geothermal and recovered energy power business worldwide. The company operates through Electricity and Product segments. The Electricity segment develops, builds, owns, and operates geothermal and recovered energy-based power plants; and sells electricity. This segment also offers energy storage, demand response, and energy management related services. The Product segment designs, manufactures, and sells equipment for geothermal and recovered energy-based electricity generation, such as fossil fuel powered turbo-generators and heavy duty direct-current generators. This segment also provides services relating to the engineering, procurement, construction, operation, and maintenance of geothermal and recovered energy-based power plants. The Product segment serves contractors; developers, owners, and operators of geothermal power plants; and owners and operators of interstate natural gas pipelines, gas processing plants, and cement plants, as well as companies in other energy-intensive industrial processes. Ormat Technologies, Inc. was founded in 1965 and is based in Reno, Nevada.

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Industry, Sector and Symbol

Industry Electric services
Sub-IndustryIndependent Power Producers & Energy Traders
SectorOils/Energy
SymbolNYSE:ORA
CUSIP68668810
Phone775-356-9029

Debt

Debt-to-Equity Ratio0.61
Current Ratio1.14
Quick Ratio1.07

Price-To-Earnings

Trailing P/E Ratio17.18
Forward P/E Ratio26.00
P/E Growth2.34

Sales & Book Value

Annual Sales$692.81 million
Price / Sales3.80
Cash Flow$5.2782 per share
Price / Cash9.85
Book Value$26.10 per share
Price / Book1.99

Profitability

EPS (Most Recent Fiscal Year)$2.99
Net Income$155.48 million
Net Margins24.00%
Return on Equity11.11%
Return on Assets5.56%

Miscellaneous

Employees1,303
Outstanding Shares50,600,000

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 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.

How were Ormat Technologies' earnings last quarter?

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.

When is Ormat Technologies' next earnings date?

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

What price target have analysts set for ORA?

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.

Who are some of Ormat Technologies' key competitors?

Who are Ormat Technologies' key executives?

Ormat Technologies' management team includes the folowing people:
  • Mr. Doron Blachar, Chief Financial Officer (Age 50)
  • Mr. Shlomi Argas, Exec. VP of Products Segment & Operations (Age 53)
  • Mr. Bob Sullivan, Exec. VP of Bus. Devel., Sales & Marketing (Age 55)
  • Mr. Zvi Krieger, Exec. VP of Electricity Segment (Age 62)
  • Mr. Isaac Angel, Chief Exec. Officer (Age 62)

Has Ormat Technologies been receiving favorable news coverage?

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.

Who are Ormat Technologies' major shareholders?

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.

Which major investors are selling Ormat Technologies stock?

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.

Which major investors are buying Ormat Technologies stock?

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.

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, Scottrade, Fidelity and Charles Schwab.

What is Ormat Technologies' stock price today?

One share of ORA stock can currently be purchased for approximately $51.99.

How big of a company is Ormat Technologies?

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.

How can I contact Ormat Technologies?

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]


MarketBeat Community Rating for Ormat Technologies (ORA)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  171 (Vote Outperform)
Underperform Votes:  235 (Vote Underperform)
Total Votes:  406
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.
This page was last updated on 6/18/2018 by MarketBeat.com Staff

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