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

$78.40
+0.04 (+0.05 %)
(As of 01/19/2020 04:00 PM ET)
Today's Range
$77.63
Now: $78.40
$78.71
50-Day Range
$74.37
MA: $75.90
$78.40
52-Week Range
$53.94
Now: $78.40
$79.18
Volume118,831 shs
Average Volume127,275 shs
Market Capitalization$4.00 billion
P/E Ratio42.84
Dividend Yield0.56%
Beta1.01
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$4.65 per share
Book Value$28.52 per share

Profitability

Net Income$97.97 million

Miscellaneous

Employees1,346
Market Cap$4.00 billion
Next Earnings Date2/25/2020 (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, November 6th. Shareholders of record on Wednesday, November 20th will be paid a dividend of $0.11 per share on Wednesday, December 4th. This represents a $0.44 dividend on an annualized basis and a yield of 0.56%. The ex-dividend date is Tuesday, November 19th. View Ormat Technologies' Dividend History.

How were Ormat Technologies' earnings last quarter?

Ormat Technologies, Inc. (NYSE:ORA) issued its quarterly earnings results on Wednesday, November, 6th. The energy company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.33 by $0.03. The energy company earned $170.50 million during the quarter, compared to analysts' expectations of $171.11 million. Ormat Technologies had a net margin of 12.59% and a return on equity of 6.00%. The firm's quarterly revenue was up 2.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.31 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, February 25th 2020. View Earnings Estimates for Ormat Technologies.

What price target have analysts set for ORA?

4 Wall Street analysts have issued 1 year price targets for Ormat Technologies' shares. Their forecasts range from $60.00 to $78.00. On average, they expect Ormat Technologies' share price to reach $71.75 in the next year. This suggests that the stock has a possible downside of 8.5%. View Analyst Price Targets for Ormat Technologies.

What is the consensus analysts' recommendation for Ormat Technologies?

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

Has Ormat Technologies been receiving favorable news coverage?

Media stories about ORA stock have been trending somewhat negative recently, according to InfoTrie. The research firm identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Ormat Technologies earned a media sentiment score of -1.5 on InfoTrie's scale. They also gave news stories about the energy company a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Ormat Technologies.

Are investors shorting Ormat Technologies?

Ormat Technologies saw a decrease in short interest during the month of December. As of December 13th, there was short interest totalling 530,300 shares, a decrease of 5.9% from the November 28th total of 563,600 shares. Based on an average daily trading volume, of 162,800 shares, the days-to-cover ratio is currently 3.3 days. Currently, 1.2% of the shares of the stock are sold short. View Ormat Technologies' Current Options Chain.

Who are some of Ormat Technologies' key competitors?

Some companies that are related to Ormat Technologies include AES (AES), NRG Energy (NRG), Atlantic Power (AT), Genie Energy (GNE) and American DG Energy (ADGE).

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 Applied Materials (AMAT), Netflix (NFLX), Cisco Systems (CSCO), Corning (GLW), Home Depot (HD), AT&T (T), Adobe (ADBE), Micron Technology (MU), NVIDIA (NVDA) and QUALCOMM (QCOM).

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 many different of institutional and retail investors. Top institutional investors include Brasada Capital Management LP (0.08%), Bridge Creek Capital Management LLC (0.07%), Somerville Kurt F (0.03%), LGT Capital Partners LTD. (0.03%), Sciencast Management LP (0.01%) and Hemenway Trust Co LLC (0.01%). Company insiders that own Ormat Technologies stock include Bob Sullivan, Byron G Wong, Dafna Sharir, Dan Falk, David Granot, Erez Klein, Lowe Brian, Nir Wolf, Ravit Barniv, Roberts Christopher, Shlomi Argas and Zvi Krieger. 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 LGT Capital Partners LTD., Bridge Creek Capital Management LLC and Hemenway Trust Co LLC. Company insiders that have sold Ormat Technologies company stock in the last year include Bob Sullivan, Byron G Wong, Dan Falk, David Granot, Nir Wolf, Ravit Barniv, Shlomi Argas and Zvi Krieger. View Insider Buying and Selling for Ormat Technologies.

Which major investors are buying Ormat Technologies stock?

ORA stock was acquired by a variety of institutional investors in the last quarter, including Sciencast Management LP, Boston Trust Walden Corp, Somerville Kurt F and Brasada Capital Management LP. 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, Robinhood, Fidelity and Charles Schwab.

What is Ormat Technologies' stock price today?

One share of ORA stock can currently be purchased for approximately $78.40.

How big of a company is Ormat Technologies?

Ormat Technologies has a market capitalization of $4.00 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. 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:  266 (Vote Outperform)
Underperform Votes:  329 (Vote Underperform)
Total Votes:  595
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 1/19/2020 by MarketBeat.com Staff

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