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 declared 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 annualized dividend and a dividend yield of 0.77%. The ex-dividend date of this dividend is Friday, May 18th. View Ormat Technologies' Dividend History.

Ormat Technologies, Inc. (NYSE:ORA) released its quarterly earnings data on Monday, May, 7th. The energy company reported $0.48 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.57 by $0.09. The energy company had revenue of $184 million for the quarter, compared to analyst estimates of $176.72 million. Ormat Technologies had a net margin of 24.00% and a return on equity of 11.03%. Ormat Technologies's revenue was down 3.1% on a year-over-year basis. During the same quarter last year, the company earned $0.70 earnings per share. 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 brokerages have issued 1-year target prices for Ormat Technologies' shares. Their forecasts range from $62.00 to $72.00. On average, they expect Ormat Technologies' stock price to reach $67.60 in the next twelve months. This suggests a possible upside of 30.6% 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), CENTRAIS ELETRI/S (EBR), ENGIE BRASIL EN/S (EGIEY), CPFL Energia (CPL), Enel Generacion Chile (EOCC), Brookfield Renewable Partners (BEP), Enel Chile (ENIC), IDACORP (IDA), Algonquin Power & Utilities (AQN) and Portland General Electric (POR).

News coverage about ORA stock has trended somewhat positive on Sunday, according to Accern Sentiment. The research firm ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Ormat Technologies earned a coverage optimism score of 0.24 on Accern's scale. They also assigned news stories about the energy company an impact score of 46.34 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

Ormat Technologies' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Handelsbanken Fonder AB (0.69%), Boston Advisors LLC (0.12%), Bridge Creek Capital Management LLC (0.07%), Nisa Investment Advisors LLC (0.02%), Bank of Montreal Can (0.02%) and Xact Kapitalforvaltning AB (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 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 bought by a variety of institutional investors in the last quarter, including Bridge Creek Capital Management LLC, 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 $51.75.

Ormat Technologies has a market capitalization of $2.62 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]