NYSE:ORA - Ormat Technologies Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $58.95 -1.24 (-2.06 %) (As of 05/24/2019 04:58 AM ET)Previous Close$60.19Today's Range$58.68 - $60.4552-Week Range$45.79 - $61.60Volume122,460 shsAverage Volume161,961 shsMarket Capitalization$2.99 billionP/E Ratio28.34Dividend Yield0.74%Beta1.27 ProfileAnalyst RatingsChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email 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. The Product segment designs, manufactures, and sells equipment for geothermal, recovered energy-based electricity generation, and remote power units, 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, solar photovoltaic, 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. The Other segment offers energy storage, demand response, and energy management related services. Ormat Technologies, Inc. was founded in 1965 and is based in Reno, Nevada. Receive ORA News and Ratings via Email Sign-up to receive the latest news and ratings for ORA and its competitors with MarketBeat's FREE daily newsletter. Industry, Sector and Symbol Stock Exchange NYSE Industry Electric services Sub-IndustryIndependent Power Producers & Energy Traders SectorOils/Energy Current SymbolNYSE:ORA Previous Symbol CUSIP68668810 CIK1296445 Webhttp://www.ormat.com/ Phone775-356-9029Debt Debt-to-Equity Ratio0.78 Current Ratio1.57 Quick Ratio1.41Price-To-Earnings Trailing P/E Ratio28.34 Forward P/E Ratio30.70 P/E Growth2.83 Sales & Book Value Annual Sales$719.27 million Price / Sales4.16 Cash Flow$4.5875 per share Price / Cash Flow12.85 Book Value$28.83 per share Price / Book2.04Profitability EPS (Most Recent Fiscal Year)$2.08 Net Income$97.97 million Net Margins7.41% Return on Equity5.86% Return on Assets2.74%Miscellaneous Employees1,346 Outstanding Shares50,750,000Market Cap$2.99 billion Next Earnings Date8/6/2019 (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 Tuesday, May 7th. Shareholders of record on Monday, May 20th will be given a dividend of $0.11 per share on Tuesday, May 28th. This represents a $0.44 dividend on an annualized basis and a yield of 0.75%. The ex-dividend date is Friday, May 17th. View Ormat Technologies' Dividend History. How were Ormat Technologies' earnings last quarter? Ormat Technologies, Inc. (NYSE:ORA) released its earnings results on Monday, May, 6th. The energy company reported $0.51 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.50 by $0.01. The energy company earned $199.04 million during the quarter, compared to the consensus estimate of $183.62 million. Ormat Technologies had a return on equity of 5.86% and a net margin of 7.41%. The firm's revenue was up 8.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.48 EPS. View Ormat Technologies' Earnings History. When is Ormat Technologies' next earnings date? Ormat Technologies is scheduled to release their next quarterly earnings announcement on Tuesday, August 6th 2019. View Earnings Estimates for Ormat Technologies. What guidance has Ormat Technologies issued on next quarter's earnings? Ormat Technologies issued an update on its FY 2019 earnings guidance on Monday, May, 6th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $720-742 million, compared to the consensus revenue estimate of $729.12 million. What price target have analysts set for ORA? 2 equities research analysts have issued 1 year target prices for Ormat Technologies' shares. Their forecasts range from $60.00 to $72.00. On average, they anticipate Ormat Technologies' share price to reach $66.00 in the next twelve months. This suggests a possible upside of 12.0% from the stock's current price. View Analyst Price Targets for Ormat Technologies. What is the consensus analysts' recommendation for Ormat Technologies? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ormat Technologies in the last year. There are currently 2 hold ratings 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 headlines about ORA stock have trended neutral on Friday, InfoTrie reports. The research firm identifies negative and positive media coverage by reviewing more than six thousand news and blog sources. 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 news sentiment score of 0.3 on InfoTrie's scale. They also assigned news articles about the energy company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the next several days. Who are some of Ormat Technologies' key competitors? Some companies that are related to Ormat Technologies include CENTRAIS ELETRI/S (EBR), Pinnacle West Capital (PNW), NRG Energy (NRG), Enel Americas (ENIA), Huaneng Power International Inc ADR Class N (HNP), OGE Energy (OGE), ENGIE BRASIL EN/S (EGIEY), CPFL Energia (CPL), CENTRICA PLC/S (CPYYY), Brookfield Renewable Partners (BEP), Algonquin Power & Utilities (AQN), IDACORP (IDA), Portland General Electric (POR), Black Hills (BKH) and Hawaiian Electric Industries (HE). What other stocks do shareholders of Ormat Technologies own? Based on aggregate information from My MarketBeat watchlists, some companies that other Ormat Technologies investors own include Netflix (NFLX), NVIDIA (Nvda), Adobe (ADBE), Corning (GLW), Cisco Systems (CSCO), salesforce.com (CRM), Intel (Intc), Visa (V), Micron Technology (MU) and Alibaba Group (BABA). 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 investors include BlackRock Inc. (6.48%), Clal Insurance Enterprises Holdings Ltd (4.65%), Dimensional Fund Advisors LP (3.08%), Global Alpha Capital Management Ltd. (2.33%), Migdal Insurance & Financial Holdings Ltd. (2.12%) and Renaissance Technologies LLC (1.82%). 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, Shimon Hatzir, Shlomi Argas and Zvi Krieger. View Institutional Ownership Trends for Ormat Technologies. Which institutional investors are selling Ormat Technologies stock? ORA stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Clal Insurance Enterprises Holdings Ltd, Morgan Stanley, Meitav Dash Investments Ltd., Handelsbanken Fonder AB, New Amsterdam Partners LLC NY, Mirova and Penn Capital Management Co. Inc.. Company insiders that have sold Ormat Technologies company stock in the last year include Bob Sullivan, Dafna Sharir, David Granot and Erez Klein. View Insider Buying and Selling for Ormat Technologies. Which institutional investors are buying Ormat Technologies stock? ORA stock was bought by a variety of institutional investors in the last quarter, including Van Berkom & Associates Inc., Global Alpha Capital Management Ltd., Goldman Sachs Group Inc., Jane Street Group LLC, Altshuler Shaham Ltd, Geode Capital Management LLC, SG Americas Securities LLC and Dimensional Fund Advisors LP. 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 $58.95. How big of a company is Ormat Technologies? Ormat Technologies has a market capitalization of $2.99 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. What is Ormat Technologies' official website? The official website for Ormat Technologies is http://www.ormat.com/. 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)Community Ranking: 2.2 out of 5 ( )Outperform Votes: 217 (Vote Outperform)Underperform Votes: 283 (Vote Underperform)Total Votes: 500MarketBeat'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 5/24/2019 by MarketBeat.com StaffFeatured Article: What moving averages are used to define a golden cross? Receive Analysts' Upgrades and Downgrades Daily Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.