Ormat 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.
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 Ratio0.64
Current Ratio1.57
Quick Ratio1.07
Price-To-Earnings
Trailing P/E Ratio17.76
Forward P/E Ratio26.56
P/E Growth2.41
Sales & Book Value
Annual Sales$692.81 million
Price / Sales3.88
Cash Flow$5.2171 per share
Price / Cash10.18
Book Value$26.10 per share
Price / Book2.03
Profitability
EPS (Most Recent Fiscal Year)$2.99
Net Income$155.48 million
Net Margins24.00%
Return on Equity11.03%
Return on Assets5.45%
Miscellaneous
Employees1,303
Outstanding Shares50,620,000
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. Stockholders 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 dividend yield of 0.75%. 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 quarterly earnings results on Monday, May, 7th. The energy company reported $0.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.57 by $0.09. The energy company earned $184 million during 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 firm's revenue for the quarter was down 3.1% on a year-over-year basis. During the same quarter last year, the business earned $0.70 earnings per share. View Ormat Technologies' Earnings History.
When is Ormat Technologies' next earnings date?
What price target have analysts set for ORA?
6 brokerages have issued twelve-month price targets for Ormat Technologies' stock. Their predictions range from $62.00 to $72.00. On average, they anticipate Ormat Technologies' stock price to reach $67.60 in the next year. View Analyst Ratings for Ormat Technologies.
Who are some of Ormat Technologies' key competitors?
Some companies that are related to Ormat Technologies include Huaneng Power International (HNP), NRG Energy (NRG), CHINA RESOURES/ADR (CRPJY), Pinnacle West Capital (PNW), OGE Energy (OGE), Great Plains Energy (GXP), CPFL Energia (CPL), Enel Generacion Chile (EOCC), ENGIE BRASIL EN/S (EGIEY), Brookfield Renewable Partners (BEP), Enel Chile (ENIC), CENTRAIS ELETRI/S (EBR), IDACORP (IDA), Algonquin Power & Utilities (AQN) and Portland General Electric (POR).
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?
News coverage about ORA stock has been trending somewhat positive this week, according to Accern Sentiment. The research group scores the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Ormat Technologies earned a news sentiment score of 0.14 on Accern's scale. They also gave news coverage about the energy company an impact score of 45.89 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.
Who are Ormat Technologies' major shareholders?
Ormat Technologies' stock is owned by a number 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 institutional 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 institutional 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 $53.11.
How big of a company is Ormat Technologies?
Ormat Technologies has a market capitalization of $2.69 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)
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.
