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

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

Ormat Technologies announced a quarterly dividend on Wednesday, November 6th. Stockholders of record on Wednesday, November 20th will be given a dividend of $0.11 per share on Wednesday, December 4th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.51%. The ex-dividend date is Tuesday, November 19th. View Ormat Technologies' Dividend History.

Ormat Technologies, Inc. (NYSE:ORA) issued its quarterly earnings results on Wednesday, November, 6th. The energy company reported $0.30 EPS for the quarter, missing analysts' consensus estimates 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%. Ormat Technologies's revenue was up 2.4% compared to the same quarter last year. During the same quarter last year, the business earned $0.31 EPS. View Ormat Technologies' Earnings History.

Ormat Technologies is scheduled to release their next quarterly earnings announcement on Tuesday, February 25th 2020. View Earnings Estimates for Ormat Technologies.

Ormat Technologies will be holding an earnings conference call on Tuesday, February 25th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

4 Wall Street analysts have issued 1-year target prices for Ormat Technologies' stock. Their forecasts range from $60.00 to $78.00. On average, they anticipate Ormat Technologies' share price to reach $71.75 in the next twelve months. This suggests that the stock has a possible downside of 16.8%. View Analyst Price Targets 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.

Media stories about ORA stock have been trending very negative this week, according to InfoTrie Sentiment. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public 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 -3.4 on InfoTrie's scale. They also assigned news headlines about the energy company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Ormat Technologies.

Ormat Technologies saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 603,500 shares, an increase of 16.2% from the January 15th total of 519,500 shares. Based on an average daily volume of 154,400 shares, the short-interest ratio is currently 3.9 days. Currently, 1.3% of the company's shares are short sold. View Ormat Technologies' Current Options Chain.

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).

Based on aggregate information from My MarketBeat watchlists, some companies that other Ormat Technologies investors own include AT&T (T), Cisco Systems (CSCO), Applied Materials (AMAT), Netflix (NFLX), Micron Technology (MU), NVIDIA (NVDA), QUALCOMM (QCOM), Xilinx (XLNX), AbbVie (ABBV) and Corning (GLW).

Ormat Technologies' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Global Alpha Capital Management Ltd. (2.05%), State Street Corp (1.65%), Renaissance Technologies LLC (1.48%), Geode Capital Management LLC (1.19%), Phoenix Holdings Ltd. (0.98%) and Van ECK Associates Corp (0.97%). 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.

ORA stock was sold by a variety of institutional investors in the last quarter, including Phoenix Holdings Ltd., Handelsbanken Fonder AB, Global Alpha Capital Management Ltd., Renaissance Technologies LLC, Bank of New York Mellon Corp, Man Group plc, Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management and Russell Investments Group Ltd.. 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.

ORA stock was bought by a variety of institutional investors in the last quarter, including Harel Insurance Investments & Financial Services Ltd., Goldman Sachs Group Inc., First Trust Advisors LP, Van ECK Associates Corp, Bank of Montreal Can, Jane Street Group LLC, Mackay Shields LLC and AXA. 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, Robinhood, Fidelity and Charles Schwab.

One share of ORA stock can currently be purchased for approximately $86.22.

Ormat Technologies has a market capitalization of $4.40 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.

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]