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. Shareholders of record on Monday, May 21st will be given a dividend of $0.10 per share on Wednesday, May 30th. This represents a $0.40 annualized dividend and a yield of 0.79%. The ex-dividend date is Friday, May 18th. View Ormat Technologies' Dividend History.

Ormat Technologies, Inc. (NYSE:ORA) announced its earnings results on Monday, May, 7th. The energy company reported $0.48 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.57 by $0.09. The energy company earned $184 million during the quarter, compared to analysts' expectations of $176.72 million. Ormat Technologies had a net margin of 24.00% and a return on equity of 11.03%. The business's revenue was down 3.1% on a year-over-year basis. During the same period last year, the business posted $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 12 month price objectives for Ormat Technologies' stock. Their predictions range from $62.00 to $72.00. On average, they anticipate Ormat Technologies' stock price to reach $67.60 in the next twelve months. This suggests a possible upside of 32.9% 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).

News stories about ORA stock have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Ormat Technologies earned a news sentiment score of 0.14 on Accern's scale. They also gave news articles about the energy company an impact score of 45.22 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

Ormat Technologies' stock is owned by a number of of institutional and retail investors. Top institutional investors include Handelsbanken Fonder AB (0.69%), 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. 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 $50.85.

Ormat Technologies has a market capitalization of $2.66 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]