NYSE:ORA - Ormat Technologies Stock Price, Price Target & More

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

Ormat Technologies announced a quarterly dividend on Monday, May 7th. Stockholders of record on Monday, May 21st will be paid 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 0.78%. The ex-dividend date is Friday, May 18th. View Ormat Technologies' Dividend History.

Ormat Technologies, Inc. (NYSE:ORA) released its 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 had revenue of $184 million for the quarter, compared to the consensus estimate of $176.72 million. Ormat Technologies had a net margin of 24.00% and a return on equity of 11.03%. The firm's revenue for the quarter was down 3.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.70 EPS. View Ormat Technologies' Earnings History.

Ormat Technologies is scheduled to release their next quarterly earnings announcement on Tuesday, August, 7th 2018. View Earnings Estimates for Ormat Technologies.

6 brokers have issued 1-year target prices for Ormat Technologies' stock. Their forecasts range from $62.00 to $72.00. On average, they anticipate Ormat Technologies' share price to reach $67.60 in the next year. This suggests a possible upside of 32.6% from the stock's current price. View Analyst Ratings for Ormat Technologies.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ormat Technologies in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to Ormat Technologies include NRG Energy (NRG), Enel Americas (ENIA), Pinnacle West Capital (PNW), CHINA RESOURES/ADR (CRPJY), OGE Energy (OGE), Great Plains Energy (GXP), ENGIE BRASIL EN/S (EGIEY), CPFL Energia (CPL), Enel Generacion Chile (EOCC), Brookfield Renewable Partners (BEP), CENTRAIS ELETRI/S (EBR), Enel Chile (ENIC), IDACORP (IDA), Algonquin Power & Utilities (AQN) and Portland General Electric (POR).

Media coverage about ORA stock has been trending somewhat positive recently, Accern reports. Accern identifies positive and negative media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Ormat Technologies earned a media sentiment score of 0.13 on Accern's scale. They also gave headlines about the energy company an impact score of 46.38 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Ormat Technologies' stock is owned by a number of of institutional and retail investors. Top institutional investors include Handelsbanken Fonder AB (0.69%), Boston Advisors LLC (0.12%), Nisa Investment Advisors LLC (0.02%), Bank of Montreal Can (0.02%), Xact Kapitalforvaltning AB (0.01%) and Smithfield Trust Co. (0.00%). 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.

ORA stock was sold by a variety of institutional investors in the last quarter, including Handelsbanken Fonder AB, Boston Advisors LLC and Nisa Investment Advisors 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.

ORA stock was acquired by a variety of institutional investors in the last quarter, including Smithfield Trust Co., Bank of Montreal Can and Xact Kapitalforvaltning AB. 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 $50.97.

Ormat Technologies has a market capitalization of $2.57 billion and generates $692.81 million in revenue each year. The energy company earns $132.41 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.

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]