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DOW   31,188.38
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S&P 500   3,851.85
DOW   31,188.38
QQQ   323.77
S&P 500   3,851.85
DOW   31,188.38
QQQ   323.77
S&P 500   3,851.85
DOW   31,188.38
QQQ   323.77
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Ormat Technologies Stock Forecast, Price & News

-2.94 (-2.74 %)
(As of 01/20/2021 12:00 AM ET)
Today's Range
Now: $104.34
50-Day Range
MA: $91.44
52-Week Range
Now: $104.34
Volume574,461 shs
Average Volume842,217 shs
Market Capitalization$5.83 billion
P/E Ratio69.10
Dividend Yield0.41%
Ormat Technologies, Inc. engages in the geothermal and recovered energy power business in the United States, Indonesia, Kenya, Turkey, Chile, Guatemala, New Zealand, Honduras, and internationally. The company operates through three segments: Electricity, Product, and Energy Storage and Management Services. The Electricity segment develops, builds, owns, and operates geothermal, solar photovoltaic (PV), 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 PV, 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 Energy Storage and Management Services segment offers energy storage, demand response, and energy management related services, as well as services relating to the engineering, procurement, construction, operation, and maintenance of energy storage units. Ormat Technologies, Inc. was founded in 1965 and is based in Reno, Nevada.
Ormat Technologies logo


Overall MarketRank

1.37 out of 5 stars

Oils/Energy Sector

164th out of 672 stocks

Electric Services Industry

36th out of 78 stocks

Analyst Opinion: 1.3Community Rank: 2.2Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 0.0 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Electric services
Sub-IndustryIndependent Power Producers & Energy Traders



Sales & Book Value

Annual Sales$746.04 million
Cash Flow$4.09 per share
Book Value$29.72 per share


Net Income$88.10 million


Market Cap$5.83 billion
Next Earnings Date2/23/2021 (Estimated)
-2.94 (-2.74 %)
(As of 01/20/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Ormat Technologies (NYSE:ORA) Frequently Asked Questions

How has Ormat Technologies' stock been impacted by COVID-19?

Ormat Technologies' stock was trading at $62.55 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, ORA shares have increased by 66.8% and is now trading at $104.34.
View which stocks have been most impacted by COVID-19

Is Ormat Technologies a buy right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ormat Technologies in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Ormat Technologies stock.
View analyst ratings for Ormat Technologies
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Ormat Technologies?

Wall Street analysts have given Ormat Technologies a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Ormat Technologies wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Thomas Greco's approval rating as Ormat Technologies' CEO?

538 employees have rated Ormat Technologies CEO Thomas Greco on Glassdoor.com. Thomas Greco has an approval rating of 63% among Ormat Technologies' employees. This puts Thomas Greco in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

When is Ormat Technologies' next earnings date?

Ormat Technologies is scheduled to release its next quarterly earnings announcement on Tuesday, February 23rd 2021.
View our earnings forecast for Ormat Technologies

How were Ormat Technologies' earnings last quarter?

Ormat Technologies, Inc. (NYSE:ORA) released its earnings results on Tuesday, November, 3rd. The energy company reported $0.31 EPS for the quarter, topping the consensus estimate of $0.24 by $0.07. The energy company had revenue of $158.90 million for the quarter, compared to analysts' expectations of $162.47 million. Ormat Technologies had a return on equity of 5.01% and a net margin of 10.77%. The company's revenue was down 6.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.30 EPS.
View Ormat Technologies' earnings history

How often does Ormat Technologies pay dividends? What is the dividend yield for Ormat Technologies?

Ormat Technologies announced a quarterly dividend on Tuesday, November 3rd. Shareholders of record on Wednesday, November 18th will be given a dividend of $0.11 per share on Wednesday, December 2nd. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.42%. The ex-dividend date of this dividend is Tuesday, November 17th.
View Ormat Technologies' dividend history

Is Ormat Technologies a good dividend stock?

Ormat Technologies pays an annual dividend of $0.44 per share and currently has a dividend yield of 0.41%. The dividend payout ratio of Ormat Technologies is 30.14%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Ormat Technologies will have a dividend payout ratio of 29.93% next year. This indicates that Ormat Technologies will be able to sustain or increase its dividend.
View Ormat Technologies' dividend history.

What guidance has Ormat Technologies issued on next quarter's earnings?

Ormat Technologies updated its FY 2020 After-Hours earnings guidance on Tuesday, November, 3rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $707-717 million, compared to the consensus revenue estimate of $715.73 million.

What price target have analysts set for ORA?

3 analysts have issued 1 year target prices for Ormat Technologies' shares. Their forecasts range from $94.00 to $96.00. On average, they anticipate Ormat Technologies' share price to reach $95.00 in the next twelve months. This suggests that the stock has a possible downside of 9.0%.
View analysts' price targets for Ormat Technologies
or view Wall Street analyst' top-rated stocks.

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 QUALCOMM (QCOM), NVIDIA (NVDA), Micron Technology (MU), AT&T (T), Intel (INTC), Xilinx (XLNX), Tesla (TSLA), Advanced Micro Devices (AMD), The Boeing (BA) and Cisco Systems (CSCO).

Who are Ormat Technologies' key executives?

Ormat Technologies' management team includes the following people:
  • Mr. Isaac Angel, Exec. Chairman (Age 64, Pay $1.66M)
  • Mr. Doron Blachar, Pres & CEO (Age 52, Pay $747.02k)
  • Mr. Shlomi Argas, Exec. VP of Operations & Products (Age 55, Pay $595.3k)
  • Mr. Hezi Kattan, Gen. Counsel & Chief Compliance Officer (Age 45, Pay $498.95k)
  • Mr. Zvi Krieger, Exec. VP of Electricity Segment (Age 64, Pay $546.33k)
  • Mr. Assaf Ginzburg, Chief Financial Officer (Age 45)
  • Ms. Smadar Lavi, VP Corp. Fin. & Head of Investor Relations
  • Mr. Ofer Benyosef, Exec. VP of Bus. Devel., Sales & Marketing (Age 56)
  • Ms. Liat Inbar-Arad, Sr. VP of HR (Age 54)
  • Mr. Bob Sullivan, Exec. VP of Bus. Devel. (Age 57)

What is Ormat Technologies' stock symbol?

Ormat Technologies trades on the New York Stock Exchange (NYSE) under the ticker symbol "ORA."

Who are Ormat Technologies' major shareholders?

Ormat Technologies' stock is owned by a number of retail and institutional investors. Top institutional investors include Dudley & Shanley Inc. (0.60%), Mission Wealth Management LP (0.01%), Harrington Investments INC (0.01%) and Boston Trust Walden Corp (0.01%). Company insiders that own Ormat Technologies stock include Assi Ginzburg, Bob Sullivan, Byron G Wong, Dan Falk, David Granot, Lowe Brian, Nir Wolf, Ofer Benyosef, Ravit Barniv, Roberts Christopher, 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 Harrington Investments INC.
View insider buying and selling activity for Ormat Technologies
or view top insider-selling stocks.

Which institutional investors are buying Ormat Technologies stock?

ORA stock was purchased by a variety of institutional investors in the last quarter, including Dudley & Shanley Inc., Mission Wealth Management LP, and Boston Trust Walden Corp. Company insiders that have bought Ormat Technologies stock in the last two years include Assi Ginzburg, Ofer Benyosef, Roberts Christopher, and Zvi Krieger.
View insider buying and selling activity for Ormat Technologies
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Ormat Technologies' stock price today?

One share of ORA stock can currently be purchased for approximately $104.34.

How big of a company is Ormat Technologies?

Ormat Technologies has a market capitalization of $5.83 billion and generates $746.04 million in revenue each year. The energy company earns $88.10 million in net income (profit) each year or $1.46 on an earnings per share basis. Ormat Technologies employs 1,408 workers across the globe.

What is Ormat Technologies' official website?

The official website for Ormat Technologies is 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]

This page was last updated on 1/21/2021 by MarketBeat.com Staff

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