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

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$55.91 +0.23 (+0.41 %)
(As of 09/19/2018 10:54 AM ET)
Previous Close$55.68
Today's Range$55.38 - $56.1599
52-Week Range$45.79 - $70.68
Volume17,774 shs
Average Volume231,996 shs
Market Capitalization$2.83 billion
P/E Ratio18.70
Dividend Yield0.71%
Beta1.49
Ormat Technologies logoOrmat Technologies, Inc. engages in the geothermal and recovered energy power business worldwide. The company operates through Electricity and Product segments. The Electricity segment develops, builds, owns, and operates geothermal and recovered energy-based power plants; and sells electricity. This segment also offers energy storage, demand response, and energy management related services. The Product segment designs, manufactures, and sells equipment for geothermal and recovered energy-based electricity generation, such as fossil fuel powered turbo-generators and heavy duty direct-current generators. This segment also provides services relating to the engineering, procurement, construction, operation, and maintenance of geothermal and recovered energy-based power plants. The Product segment serves contractors; developers, owners, and operators of geothermal power plants; and owners and operators of interstate natural gas pipelines, gas processing plants, and cement plants, as well as companies in other energy-intensive industrial processes. Ormat Technologies, Inc. was founded in 1965 and is based in Reno, Nevada.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Electric services
Sub-IndustryIndependent Power Producers & Energy Traders
SectorOils/Energy
SymbolNYSE:ORA
CUSIP68668810
Phone775-356-9029

Debt

Debt-to-Equity Ratio0.68
Current Ratio1.16
Quick Ratio1.05

Price-To-Earnings

Trailing P/E Ratio18.70
Forward P/E Ratio32.13
P/E Growth2.93

Sales & Book Value

Annual Sales$692.81 million
Price / Sales4.09
Cash Flow$5.2204 per share
Price / Cash10.71
Book Value$25.61 per share
Price / Book2.18

Profitability

EPS (Most Recent Fiscal Year)$2.99
Net Income$132.41 million
Net Margins18.88%
Return on Equity9.60%
Return on Assets4.73%

Miscellaneous

Employees1,303
Outstanding Shares50,630,000
Market Cap$2.83 billion

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 dividend on Wednesday, August 8th. Stockholders of record on Tuesday, August 21st will be given a dividend of $0.10 per share on Tuesday, August 21st. The ex-dividend date is Monday, August 20th. View Ormat Technologies' Dividend History.

How were Ormat Technologies' earnings last quarter?

Ormat Technologies, Inc. (NYSE:ORA) announced its quarterly earnings data on Tuesday, August, 7th. The energy company reported $0.32 earnings per share for the quarter, missing the consensus estimate of $0.49 by $0.17. The energy company earned $178.30 million during the quarter, compared to analyst estimates of $176.06 million. Ormat Technologies had a return on equity of 9.60% and a net margin of 18.88%. 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, November, 6th 2018. View Earnings Estimates for Ormat Technologies.

What price target have analysts set for ORA?

6 equities research analysts have issued 1-year price targets for Ormat Technologies' stock. Their forecasts range from $60.00 to $72.00. On average, they expect Ormat Technologies' stock price to reach $67.20 in the next twelve months. This suggests a possible upside of 20.3% from the stock's current price. View Analyst Price Targets for Ormat Technologies.

What is the consensus analysts' recommendation for Ormat Technologies?

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

Who are some of Ormat Technologies' key competitors?

Who are Ormat Technologies' key executives?

Ormat Technologies' management team includes the folowing people:
  • Mr. Doron Blachar, Chief Financial Officer (Age 50)
  • Mr. Shlomi Argas, Exec. VP of Products Segment & Operations (Age 53)
  • Mr. Bob Sullivan, Exec. VP of Bus. Devel., Sales & Marketing (Age 55)
  • Mr. Zvi Krieger, Exec. VP of Electricity Segment (Age 62)
  • Mr. Isaac Angel, Chief Exec. Officer (Age 62)

Has Ormat Technologies been receiving favorable news coverage?

Media coverage about ORA stock has been trending somewhat positive this week, Accern reports. Accern rates the sentiment of media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Ormat Technologies earned a media and rumor sentiment score of 0.18 on Accern's scale. They also gave news coverage about the energy company an impact score of 46.57 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next few days. View Recent Headlines for Ormat Technologies.

Who are Ormat Technologies' major shareholders?

Ormat Technologies' stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (5.67%), Clal Insurance Enterprises Holdings Ltd (4.79%), Dimensional Fund Advisors LP (3.04%), Renaissance Technologies LLC (2.56%), Migdal Insurance & Financial Holdings Ltd. (2.16%) and Northern Trust Corp (1.05%). Company insiders that own Ormat Technologies stock include Bob Sullivan, Bronicki Investments Ltd, 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.

Which major investors are selling Ormat Technologies stock?

ORA stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Handelsbanken Fonder AB, New Amsterdam Partners LLC NY, Migdal Insurance & Financial Holdings Ltd., WINTON GROUP Ltd, KBC Group NV, Trexquant Investment LP and Investec Asset Management LTD. Company insiders that have sold Ormat Technologies company stock in the last year include Bob Sullivan, Erez Klein, Etty Rosner, Shimon Hatzir and Shlomi Argas. 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 BlackRock Inc., Clal Insurance Enterprises Holdings Ltd, Global Alpha Capital Management Ltd., Trillium Asset Management LLC, Bank of America Corp DE, Northern Trust Corp, First Trust Advisors LP and Schwab Charles Investment Management Inc.. 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, Scottrade, Fidelity and Charles Schwab.

What is Ormat Technologies' stock price today?

One share of ORA stock can currently be purchased for approximately $55.8550.

How big of a company is Ormat Technologies?

Ormat Technologies has a market capitalization of $2.83 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.

How can I contact Ormat Technologies?

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]


MarketBeat Community Rating for Ormat Technologies (NYSE ORA)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  189 (Vote Outperform)
Underperform Votes:  257 (Vote Underperform)
Total Votes:  446
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 9/19/2018 by MarketBeat.com Staff

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