Ormat Technologies Company Profile (NYSE:ORA)

About Ormat Technologies (NYSE:ORA)

Ormat Technologies logoOrmat Technologies, Inc. is engaged in the geothermal and recovered energy power business. The Company designs, develops, builds, owns and operates geothermal and recovered energy-based power plants. Its equipment manufacturing operations are located in Israel. It conducts its business activities in two business segments: Electricity segment and Product segment. The Electricity segment develops, builds, owns and operates geothermal and recovered energy-based power plants in the United States and geothermal power plants in other countries around the world, and sells the electricity it generates. The Product Segment designs, manufactures and sells equipment for geothermal and recovered energy-based electricity generation and remote power units, and provide services relating to the engineering, procurement, construction, operation and maintenance of geothermal, and recovered energy-based power plants. It manufactures products that produce electricity from recovered energy or waste heat.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Electric Utilities
  • Sub-Industry: Independent Power Producers & Energy Traders
  • Symbol: NYSE:ORA
  • CUSIP: 68668810
  • Web: www.ormat.com
  • Market Cap: $3.24 billion
  • Outstanding Shares: 49,910,000
Average Prices:
  • 50 Day Moving Avg: $59.98
  • 200 Day Moving Avg: $58.64
  • 52 Week Range: $45.30 - $65.22
  • Trailing P/E Ratio: 29.63
  • Foreward P/E Ratio: 25.64
  • P/E Growth: 2.26
Sales & Book Value:
  • Annual Revenue: $720.4 million
  • Price / Sales: 4.49
  • Book Value: $22.91 per share
  • Price / Book: 2.83
  • Annual Dividend: $0.32
  • Dividend Yield: 0.5%
  • EBITDA: $336.78 million
  • Net Margins: 15.36%
  • Return on Equity: 10.25%
  • Return on Assets: 4.97%
  • Debt-to-Equity Ratio: 0.69%
  • Current Ratio: 1.81%
  • Quick Ratio: 1.72%
  • Average Volume: 182,523 shs.
  • Beta: 1.22

Frequently Asked Questions for Ormat Technologies (NYSE:ORA)

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 Thursday, August 3rd. Investors of record on Tuesday, August 15th will be given a dividend of $0.08 per share on Tuesday, August 29th. This represents a $0.32 annualized dividend and a yield of 0.49%. The ex-dividend date of this dividend is Friday, August 11th. View Ormat Technologies' Dividend History.

How were Ormat Technologies' earnings last quarter?

Ormat Technologies, Inc. (NYSE:ORA) announced its quarterly earnings data on Thursday, August, 3rd. The company reported $0.58 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.55 by $0.03. The business earned $179.36 million during the quarter, compared to analyst estimates of $169.80 million. Ormat Technologies had a net margin of 15.36% and a return on equity of 10.25%. Ormat Technologies's revenue for the quarter was up 12.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.49 EPS. View Ormat Technologies' Earnings History.

When will Ormat Technologies make its next earnings announcement?

Ormat Technologies is scheduled to release their next quarterly earnings announcement on Tuesday, November, 7th 2017. View Earnings Estimates for Ormat Technologies.

Where is Ormat Technologies' stock going? Where will Ormat Technologies' stock price be in 2017?

7 brokers have issued 12 month price objectives for Ormat Technologies' stock. Their predictions range from $59.00 to $71.00. On average, they expect Ormat Technologies' stock price to reach $66.14 in the next year. 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:

  • Todd C. Freeland, Chairman of the Board
  • Isaac Angel, Chief Executive Officer
  • Doron Blachar, Chief Financial Officer
  • Bob Sullivan, Executive Vice President - Sales and Marketing and Business Development
  • Shlomi Argas, Executive Vice President - Projects
  • Shimon Hatzir, Executive Vice President - Engineering
  • Erez Klein, Executive Vice President - Production
  • Zvi Krieger, Executive Vice President - Electricity Segment
  • Nir Wolf, Executive Vice President - Market development
  • Etty Rosner, Senior Vice President - Contract Management, Corporate Secretary

Who owns Ormat Technologies stock?

Ormat Technologies' stock is owned by many different of retail and institutional investors. Top institutional shareholders include ORIX CORP (22.10%), PHOENIX HOLDINGS LTD. (3.88%), Personal Capital Advisors Corp (0.22%), Strs Ohio (0.03%), Meeder Asset Management Inc. (0.01%) and Harrington Investments INC (0.01%). 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, Yehudit Bronicki and Zvi Krieger. View Institutional Ownership Trends for Ormat Technologies.

Who sold Ormat Technologies stock? Who is selling Ormat Technologies stock?

Ormat Technologies' stock was sold by a variety of institutional investors in the last quarter, including Strs Ohio, Meeder Asset Management Inc. and Personal Capital Advisors Corp. Company insiders that have sold Ormat Technologies 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, Nir Wolf, Robert Eugene Joyal, Robert F Clarke, Shimon Hatzir, Shlomi Argas and Zvi Krieger. View Insider Buying and Selling for Ormat Technologies.

Who bought Ormat Technologies stock? Who is buying Ormat Technologies stock?

Ormat Technologies' stock was bought by a variety of institutional investors in the last quarter, including Harrington Investments INC. View Insider Buying and Selling for Ormat Technologies.

How do I buy Ormat Technologies stock?

Shares of Ormat Technologies can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Ormat Technologies' stock price today?

One share of Ormat Technologies stock can currently be purchased for approximately $64.88.

MarketBeat Community Rating for Ormat Technologies (NYSE ORA)
Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  119 (Vote Outperform)
Underperform Votes:  175 (Vote Underperform)
Total Votes:  294
MarketBeat's community ratings are surveys of what our community members think about Ormat Technologies and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Ormat Technologies (NYSE:ORA) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 6 Buy Ratings
Consensus Rating:Buy (Score: 2.86)
Consensus Price Target: $66.14 (1.95% upside)
Consensus Price Target History for Ormat Technologies (NYSE:ORA)
Price Target History for Ormat Technologies (NYSE:ORA)
Analysts' Ratings History for Ormat Technologies (NYSE:ORA)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/27/2017Oppenheimer Holdings, Inc.Reiterated RatingBuy$65.00 -> $70.00LowView Rating Details
8/18/2017Cowen and CompanySet Price TargetBuy$67.00LowView Rating Details
6/7/2017J P Morgan Chase & CoUpgradeNeutral -> Overweight$65.00 -> $71.00LowView Rating Details
5/26/2017Barclays PLCUpgradeUnderweight -> Equal Weight$54.00 -> $59.00HighView Rating Details
3/6/2017Roth CapitalSet Price TargetBuy$66.00N/AView Rating Details
1/12/2017Craig HallumReiterated RatingBuy$70.00N/AView Rating Details
12/19/2016Avondale PartnersUpgradeMarket Perform -> Outperform$60.00N/AView Rating Details
(Data available from 10/23/2015 forward)


Earnings History for Ormat Technologies (NYSE:ORA)
Earnings by Quarter for Ormat Technologies (NYSE:ORA)
Earnings History by Quarter for Ormat Technologies (NYSE ORA)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/6/2017$0.48N/AView Earnings Details
8/3/2017Q2 2017$0.55$0.58$169.80 million$179.36 millionViewListenView Earnings Details
5/8/2017Q1 2017$0.65$0.70$177.42 million$189.90 millionViewListenView Earnings Details
11/7/2016Q3$0.51$0.56$163.66 million$184.00 millionViewListenView Earnings Details
8/2/2016Q2$0.42$0.49$152.88 million$159.90 millionViewN/AView Earnings Details
5/4/2016Q116$0.35$0.59$136.66 million$151.60 millionViewN/AView Earnings Details
2/23/2016Q4$0.44$0.46$157.00 million$171.10 millionViewListenView Earnings Details
11/3/2015Q3$0.49$0.46$153.71 million$162.90 millionViewN/AView Earnings Details
8/3/2015Q215$0.35$0.28$139.58 million$140.50 millionViewN/AView Earnings Details
5/6/2015Q115$0.38$0.21$135.70 million$120.20 millionViewN/AView Earnings Details
2/24/2015Q414$0.38$0.31$144.95 million$149.24 millionViewN/AView Earnings Details
11/5/2014Q314$0.33$0.38$136.80 million$140.20 millionViewN/AView Earnings Details
8/5/2014Q214$0.30$0.20$134.58 million$127.60 millionViewN/AView Earnings Details
5/8/2014Q114$0.21$0.47$133.68 million$142.44 millionViewN/AView Earnings Details
11/5/2013Q313$0.31$0.28$131.70 million$130.75 millionViewN/AView Earnings Details
8/6/2013Q2 2013$0.19$0.41$129.15 million$152.70 millionViewN/AView Earnings Details
5/7/2013Q1 2013$0.02($0.04)$121.36 million$121.71 millionViewN/AView Earnings Details
2/27/2013Q4 2012$0.01($4.91)$102.42 million$116.10 millionViewListenView Earnings Details
11/6/2012Q312$0.21($0.01)$127.49 million$136.10 millionViewN/AView Earnings Details
5/8/2012$0.08$0.17ViewN/AView Earnings Details
11/2/2011$0.14$0.02ViewN/AView Earnings Details
5/5/2011$0.01($0.20)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Ormat Technologies (NYSE:ORA)
2017 EPS Consensus Estimate: $2.19
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.50$0.68$0.59
Q2 20172$0.51$0.61$0.56
Q3 20172$0.52$0.52$0.52
Q4 20172$0.49$0.54$0.52
(Data provided by Zacks Investment Research)


Current Dividend Information for Ormat Technologies (NYSE:ORA)
Most Recent Dividend:8/29/2017
Annual Dividend:$0.32
Dividend Yield:0.49%
Dividend Growth:86.60% (3 Year Average)
Payout Ratio:14.61% (Trailing 12 Months of Earnings)
13.45% (Based on This Year's Estimates)
12.65% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Ormat Technologies (NYSE:ORA)

Dividend History by Quarter for Ormat Technologies (NYSE ORA)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Ormat Technologies (NYSE:ORA)
Insider Ownership Percentage: 14.74%
Institutional Ownership Percentage: 46.41%
Insider Trades by Quarter for Ormat Technologies (NYSE:ORA)
Institutional Ownership by Quarter for Ormat Technologies (NYSE:ORA)
Insider Trades by Quarter for Ormat Technologies (NYSE:ORA)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/28/2017Bob SullivanEVPSell9,890$62.89$621,982.10View SEC Filing  
9/28/2017Erez KleinVPSell24,576$59.03$1,450,721.28View SEC Filing  
9/28/2017Etty RosnerSVPSell9,983$60.23$601,276.09View SEC Filing  
9/27/2017Shlomi ArgasVPSell11,523$59.50$685,618.50View SEC Filing  
9/26/2017Erez KleinVPSell18,068$58.10$1,049,750.80View SEC Filing  
9/19/2017Shimon HatzirVPSell4,843$59.00$285,737.00View SEC Filing  
9/18/2017Shimon HatzirVPSell2,976$58.50$174,096.00View SEC Filing  
9/14/2017David GranotDirectorSell2,500$57.66$144,150.00View SEC Filing  
8/7/2017Robert Eugene JoyalDirectorSell7,500$57.75$433,125.00View SEC Filing  
7/31/2017Isaac AngelCEOSell250,000$57.00$14,250,000.00View SEC Filing  
7/26/2017Bronicki Investments Ltd.InsiderSell3,323,482$57.00$189,438,474.00View SEC Filing  
7/26/2017Doron BlacharCFOSell62,500$57.00$3,562,500.00View SEC Filing  
7/26/2017Gillon BeckDirectorSell37,500$57.00$2,137,500.00View SEC Filing  
7/26/2017Isaac AngelCEOSell150,000$57.00$8,550,000.00View SEC Filing  
7/26/2017Iv 2007 Ltd. FimiMajor ShareholderSell7,202,646$57.00$410,550,822.00View SEC Filing  
7/18/2017Bronicki Investments Ltd.Major ShareholderSell51$57.70$2,942.70View SEC Filing  
6/16/2017Zvi KriegerVPSell7,704$57.81$445,368.24View SEC Filing  
6/13/2017Shimon HatzirVPSell3,074$61.20$188,128.80View SEC Filing  
6/9/2017Shimon HatzirVPSell1,169$61.00$71,309.00View SEC Filing  
6/8/2017Etty RosnerSVPSell3,352$60.00$201,120.00View SEC Filing  
6/7/2017Shimon HatzirVPSell3,015$60.00$180,900.00View SEC Filing  
6/6/2017Bob SullivanEVPSell7,151$58.13$415,687.63View SEC Filing  
6/6/2017Nir WolfVPSell3,010$59.10$177,891.00View SEC Filing  
5/23/2017David GranotDirectorSell5,000$57.70$288,500.00View SEC Filing  
5/18/2017Etty RosnerSVPSell879$56.39$49,566.81View SEC Filing  
5/16/2017Robert Eugene JoyalDirectorSell7,500$57.00$427,500.00View SEC Filing  
5/12/2017Robert F ClarkeDirectorSell15,000$56.97$854,550.00View SEC Filing  
12/23/2016Erez KleinVPSell5,150$52.95$272,692.50View SEC Filing  
9/28/2016Gillon BeckDirectorSell390,000$48.64$18,969,600.00View SEC Filing  
9/6/2016Dan FalkDirectorSell7,500$48.90$366,750.00View SEC Filing  
8/19/2016Robert F ClarkeDirectorSell22,500$47.74$1,074,150.00View SEC Filing  
8/9/2016Etty RosnerSVPSell515$48.17$24,807.55View SEC Filing  
8/8/2016David GranotDirectorSell3,500$48.27$168,945.00View SEC Filing  
6/30/2016Shimon HatzirVPSell2,857$43.50$124,279.50View SEC Filing  
6/8/2016Shlomi ArgasVPSell6,344$44.60$282,942.40View SEC Filing  
6/7/2016Etty RosnerSVPSell4,734$44.50$210,663.00View SEC Filing  
6/6/2016Dan FalkDirectorSell7,500$43.99$329,925.00View SEC Filing  
6/6/2016Zvi KriegerVPSell5,818$44.25$257,446.50View SEC Filing  
5/29/2016Bronicki Investments Ltd.InsiderSell41,284$43.30$1,787,597.20View SEC Filing  
5/24/2016Zvi KriegerVPSell5,848$43.85$256,434.80View SEC Filing  
5/10/2016Shimon HatzirVPSell5,848$43.50$254,388.00View SEC Filing  
5/9/2016Nir WolfVPSell5,854$42.90$251,136.60View SEC Filing  
4/12/2016Doron BlacharCFOSell3,613$40.85$147,591.05View SEC Filing  
4/11/2016Doron BlacharCFOSell13,158$40.37$531,188.46View SEC Filing  
4/8/2016Doron BlacharCFOSell10,439$40.61$423,927.79View SEC Filing  
4/7/2016Doron BlacharCFOSell18,221$40.33$734,852.93View SEC Filing  
4/6/2016Doron BlacharCFOSell24,569$40.60$997,501.40View SEC Filing  
3/21/2016Bronicki Investments Ltd.InsiderSell51,000$40.61$2,071,110.00View SEC Filing  
3/15/2016Robert Eugene JoyalDirectorSell15,000$39.57$593,550.00View SEC Filing  
3/11/2016Erez KleinVPSell7,708$40.77$314,255.16View SEC Filing  
3/10/2016Shimon HatzirVPSell3,033$40.70$123,443.10View SEC Filing  
3/9/2016David GranotDirectorSell4,000$39.90$159,600.00View SEC Filing  
3/8/2016Etty RosnerSVPSell3,055$39.46$120,550.30View SEC Filing  
3/7/2016Shlomi ArgasVPSell4,000$39.35$157,400.00View SEC Filing  
3/4/2016Zvi KriegerVPSell9,303$30.93$287,741.79View SEC Filing  
2/29/2016Zvi KriegerVPSell17,644$38.47$678,764.68View SEC Filing  
2/28/2016Bronicki Investments Ltd.InsiderSell194,000$38.02$7,375,880.00View SEC Filing  
2/26/2016Etty RosnerSVPSell5,223$38.64$201,816.72View SEC Filing  
2/26/2016Shimon HatzirVPSell16,792$39.30$659,925.60View SEC Filing  
12/31/2015Etty RosnerSVPSell7,092$37.00$262,404.00View SEC Filing  
12/17/2015Bronicki Investments Ltd.InsiderSell51,000$35.02$1,786,020.00View SEC Filing  
11/24/2015David GranotDirectorSell1,250$36.50$45,625.00View SEC Filing  
11/22/2015David GranotDirectorSell1,500$36.10$54,150.00View SEC Filing  
11/11/2015Yehudit BronickiDirectorSell7,500$36.00$270,000.00View SEC Filing  
11/9/2015Robert Eugene JoyalDirectorSell15,000$36.57$548,550.00View SEC Filing  
11/8/2015Bronicki Investments Ltd.InsiderSell189,000$36.77$6,949,530.00View SEC Filing  
9/21/2015David GranotDirectorSell1,000$36.61$36,610.00View SEC Filing  
8/17/2015Robert F ClarkeDirectorSell22,500$37.33$839,925.00View SEC Filing  
6/22/2015Etty RosnerSVPSell2,541$39.08$99,302.28View SEC Filing  
6/17/2015Etty RosnerSVPSell2,321$38.00$88,198.00View SEC Filing  
6/16/2015Shimon HatzirVPSell2,560$38.00$97,280.00View SEC Filing  
6/15/2015Nir WolfVPSell2,212$37.50$82,950.00View SEC Filing  
6/3/2015Shlomi ArgasVPSell2,457$37.70$92,628.90View SEC Filing  
5/26/2015Bronicki Investments Ltd.InsiderSell240,000$37.24$8,937,600.00View SEC Filing  
5/21/2015David GranotDirectorSell3,750$38.00$142,500.00View SEC Filing  
5/21/2015Etty RosnerSVPSell2,586$37.72$97,543.92View SEC Filing  
3/31/2015Etty RosnerSVPSell3,563$37.84$134,823.92View SEC Filing  
3/31/2015Zvi ReissInsiderSell2,591$37.94$98,302.54View SEC Filing  
3/30/2015Nir WolfVPSell2,426$38.10$92,430.60View SEC Filing  
3/19/2015Nir WolfVPSell9,327$37.33$348,176.91View SEC Filing  
3/18/2015Zvi KriegerVPSell8,610$36.84$317,192.40View SEC Filing  
3/12/2015Dan FalkDirectorSell7,500$36.75$275,625.00View SEC Filing  
3/12/2015Shlomi ArgasVPSell2,540$37.00$93,980.00View SEC Filing  
3/11/2015Etty RosnerSVPSell2,392$34.70$83,002.40View SEC Filing  
3/10/2015Shimon HatzirVPSell4,981$34.81$173,388.61View SEC Filing  
3/9/2015David GranotDirectorSell3,750$34.58$129,675.00View SEC Filing  
3/5/2015Zvi ReissInsiderSell3,788$32.67$123,753.96View SEC Filing  
3/2/2015Zvi KriegerVPSell6,643$34.00$225,862.00View SEC Filing  
6/10/2014Shimon HatzirVPSell1,045$30.00$31,350.00View SEC Filing  
6/6/2014Etty RosnerSVPSell1,834$30.21$55,405.14View SEC Filing  
3/31/2014Zvi ReissInsiderSell1,964$30.40$59,705.60View SEC Filing  
11/11/2013Ohad ZimronVPSell2,226$26.64$59,300.64View SEC Filing  
8/27/2013David GranotDirectorSell3,750$25.11$94,162.50View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Ormat Technologies (NYSE:ORA)
Latest Headlines for Ormat Technologies (NYSE:ORA)
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Ormat Technologies (ORA) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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