NYSE:ORA - Ormat Technologies Stock Price, News & Analysis

$73.22
+0.85 (+1.17 %)
(As of 08/16/2019 04:00 PM ET)
Today's Range
$71.39
Now: $73.22
$73.63
50-Day Range
$62.37
MA: $65.21
$73.34
52-Week Range
$49.01
Now: $73.22
$73.63
Volume138,600 shs
Average Volume171,769 shs
Market Capitalization$3.72 billion
P/E Ratio35.20
Dividend Yield0.61%
Beta1.12
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. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$719.27 million
Cash Flow$4.7545 per share
Book Value$29.33 per share

Profitability

Net Income$97.97 million

Miscellaneous

Employees1,346
Market Cap$3.72 billion
Next Earnings Date11/5/2019 (Estimated)
OptionableOptionable

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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 Wednesday, August 7th. Stockholders of record on Tuesday, August 20th will be paid a dividend of $0.11 per share on Tuesday, August 27th. This represents a $0.44 annualized dividend and a dividend yield of 0.60%. The ex-dividend date is Monday, August 19th. View Ormat Technologies' Dividend History.

How were Ormat Technologies' earnings last quarter?

Ormat Technologies, Inc. (NYSE:ORA) announced its quarterly earnings data on Wednesday, August, 7th. The energy company reported $0.40 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.09. The energy company earned $184.10 million during the quarter, compared to analyst estimates of $175.60 million. Ormat Technologies had a net margin of 11.98% and a return on equity of 6.07%. Ormat Technologies's quarterly revenue was up 3.3% on a year-over-year basis. During the same period last year, the company earned $0.32 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 Tuesday, November 5th 2019. View Earnings Estimates for Ormat Technologies.

What price target have analysts set for ORA?

2 brokerages have issued 1 year price objectives for Ormat Technologies' shares. Their forecasts range from $60.00 to $78.00. On average, they expect Ormat Technologies' share price to reach $69.00 in the next year. This suggests that the stock has a possible downside of 5.8%. 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 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ormat Technologies.

Has Ormat Technologies been receiving favorable news coverage?

Media coverage about ORA stock has trended negative on Saturday, according to InfoTrie Sentiment. The research firm identifies negative and positive media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Ormat Technologies earned a news impact score of -2.3 on InfoTrie's scale. They also gave media stories about the energy company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Ormat Technologies.

Are investors shorting Ormat Technologies?

Ormat Technologies saw a decline in short interest in July. As of July 31st, there was short interest totalling 1,014,300 shares, a decline of 8.8% from the June 30th total of 1,111,900 shares. Based on an average daily trading volume, of 173,400 shares, the short-interest ratio is presently 5.8 days. Approximately 2.3% of the company's stock are short sold. View Ormat Technologies' Current Options Chain.

Who are some of Ormat Technologies' key competitors?

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), Cisco Systems (CSCO), Corning (GLW), 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 shareholders include Vanguard Group Inc. (7.74%), BlackRock Inc. (6.67%), Clal Insurance Enterprises Holdings Ltd (4.64%), Impax Asset Management Group plc (2.88%), Global Alpha Capital Management Ltd. (2.41%) and Migdal Insurance & Financial Holdings Ltd. (2.02%). Company insiders that own Ormat Technologies stock include Bob Sullivan, Dafna Sharir, David Granot, Erez Klein, Etty Rosner, Nir Wolf, Shimon Hatzir and Shlomi Argas. 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 Impax Asset Management Group plc, Delek Group Ltd., Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management, Migdal Insurance & Financial Holdings Ltd., Jane Street Group LLC, SG Americas Securities LLC, Handelsbanken Fonder AB and Bank of America Corp DE. Company insiders that have sold Ormat Technologies company stock in the last year include Bob Sullivan, Dafna Sharir, David Granot, Nir Wolf 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 Nuveen Asset Management LLC, Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD, Man Group plc, BlackRock Inc., Van ECK Associates Corp, Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD, Invesco Ltd. and Bessemer Group Inc.. 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 $73.22.

How big of a company is Ormat Technologies?

Ormat Technologies has a market capitalization of $3.72 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.View Additional Information About Ormat Technologies.

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, 89519-6075. 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 (star star)
Outperform Votes:  230 (Vote Outperform)
Underperform Votes:  298 (Vote Underperform)
Total Votes:  528
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 8/17/2019 by MarketBeat.com Staff

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