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

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

Ormat Technologies declared a quarterly dividend on Wednesday, February 27th. Shareholders of record on Thursday, March 14th will be paid a dividend of $0.11 per share on Thursday, March 28th. This represents a $0.44 annualized dividend and a yield of 0.76%. The ex-dividend date is Wednesday, March 13th. This is an increase from Ormat Technologies's previous quarterly dividend of $0.10. View Ormat Technologies' Dividend History.

Ormat Technologies, Inc. (NYSE:ORA) announced its earnings results on Tuesday, February, 26th. The energy company reported $0.52 earnings per share for the quarter, missing the consensus estimate of $0.54 by $0.02. The energy company earned $190.47 million during the quarter, compared to analysts' expectations of $181.05 million. Ormat Technologies had a net margin of 10.17% and a return on equity of 5.84%. View Ormat Technologies' Earnings History.

Ormat Technologies is scheduled to release their next quarterly earnings announcement on Monday, May 6th 2019. View Earnings Estimates for Ormat Technologies.

3 equities research analysts have issued 12 month price objectives for Ormat Technologies' stock. Their forecasts range from $60.00 to $72.00. On average, they expect Ormat Technologies' stock price to reach $66.3333 in the next twelve months. This suggests a possible upside of 15.0% from the stock's current price. View Analyst Price Targets for Ormat Technologies.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ormat Technologies in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Ormat Technologies.

Media coverage about ORA stock has trended positive this week, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Ormat Technologies earned a news sentiment score of 2.9 on InfoTrie's scale. They also assigned media headlines about the energy company a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

Some companies that are related to Ormat Technologies include NRG Energy (NRG), RED ELECTRICA C/ADR (RDEIY), CENTRAIS ELETRI/S (EBR), Pinnacle West Capital (PNW), Enel Americas (ENIA), Huaneng Power International Inc ADR Class N (HNP), ENGIE BRASIL EN/S (EGIEY), OGE Energy (OGE), CENTRICA PLC/S (CPYYY), CPFL Energia (CPL), CHINA RESOURES/ADR (CRPJY), Brookfield Renewable Partners (BEP), Algonquin Power & Utilities (AQN), Enel Chile (ENIC) and IDACORP (IDA).

Based on aggregate information from My MarketBeat watchlists, some companies that other Ormat Technologies investors own include Netflix (NFLX), NVIDIA (Nvda), Adobe (ADBE), salesforce.com (CRM), Cisco Systems (CSCO), Intel (Intc), Micron Technology (MU), Alibaba Group (BABA), Caterpillar (CAT) and Corning (GLW).

Ormat Technologies' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Harel Insurance Investments & Financial Services Ltd. (0.46%), Bridge Creek Capital Management LLC (0.08%) and Nisa Investment Advisors LLC (0.03%). 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, Robert F Clarke, Shimon Hatzir, Shlomi Argas and Zvi Krieger. View Institutional Ownership Trends for Ormat Technologies.

ORA stock was purchased by a variety of institutional investors in the last quarter, including Harel Insurance Investments & Financial Services Ltd., Nisa Investment Advisors LLC and Bridge Creek Capital Management LLC. View Insider Buying and Selling for 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.

One share of ORA stock can currently be purchased for approximately $57.68.

Ormat Technologies has a market capitalization of $2.93 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.

The official website for Ormat Technologies is http://www.ormat.com.

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]