NYSE:ORA Ormat Technologies (ORA) Stock Price, News & Analysis → Rich Dad Poor Dad Author Shocks Millions With 2024 Crash Warning (From American Hartford Gold Group) (Ad) Free ORA Stock Alerts $68.56 +0.52 (+0.76%) (As of 05/8/2024 ET) Add Compare Share Share Today's Range$67.26▼$68.8450-Day Range$59.96▼$68.8252-Week Range$58.73▼$88.26Volume349,123 shsAverage Volume474,094 shsMarket Capitalization$4.14 billionP/E Ratio32.80Dividend Yield0.70%Price Target$81.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Ormat Technologies alerts: Email Address Ormat Technologies MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside18.1% Upside$81.00 Price TargetShort InterestHealthy4.90% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainability2.08Upright™ Environmental ScoreNews Sentiment-0.67Based on 6 Articles This WeekInsider TradingSelling Shares$122,184 Sold Last QuarterProj. Earnings Growth9.35%From $2.14 to $2.34 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.28 out of 5 starsOils/Energy Sector30th out of 240 stocksElectric Services Industry9th out of 41 stocks 2.3 Analyst's Opinion Consensus RatingOrmat Technologies has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageOrmat Technologies has only been the subject of 1 research reports in the past 90 days.Read more about Ormat Technologies' stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted4.90% of the outstanding shares of Ormat Technologies have been sold short.Short Interest Ratio / Days to CoverOrmat Technologies has a short interest ratio ("days to cover") of 6.1.Change versus previous monthShort interest in Ormat Technologies has recently decreased by 10.03%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldOrmat Technologies has a dividend yield of 0.71%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthOrmat Technologies does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Ormat Technologies is 22.97%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Ormat Technologies will have a dividend payout ratio of 20.51% next year. This indicates that Ormat Technologies will be able to sustain or increase its dividend.Read more about Ormat Technologies' dividend. Previous Next 4.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreOrmat Technologies has received a 69.88% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Operation of geothermal power plants", "Electricity produced with geothermal power", and "Geothermal power plant maintenance" products. See details.Environmental SustainabilityThe Environmental Impact score for Ormat Technologies is 2.08. Previous Next 0.7 News and Social Media Coverage News SentimentOrmat Technologies has a news sentiment score of -0.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.52 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Ormat Technologies this week, compared to 3 articles on an average week.Search InterestOnly 1 people have searched for ORA on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ormat Technologies insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $122,184.00 in company stock.Percentage Held by InsidersOnly 0.46% of the stock of Ormat Technologies is held by insiders.Percentage Held by Institutions95.49% of the stock of Ormat Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Ormat Technologies' insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Ormat Technologies are expected to grow by 9.35% in the coming year, from $2.14 to $2.34 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ormat Technologies is 32.80, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 145.15.Price to Earnings Ratio vs. SectorThe P/E ratio of Ormat Technologies is 32.80, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 17.45.Price to Earnings Growth RatioOrmat Technologies has a PEG Ratio of 3.16. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioOrmat Technologies has a P/B Ratio of 1.70. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto Swap ProfitsDid You Get Your Free Bitcoin Yet?And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.>> Register right here About Ormat Technologies Stock (NYSE:ORA)Ormat Technologies, Inc. engages in the geothermal and recovered energy power business in the United States, Indonesia, Kenya, Turkey, Chile, Guatemala, Guadeloupe, New Zealand, Honduras, and internationally. It operates in three segments: Electricity, Product, and Energy Storage. The Electricity segment develops, builds, owns, and operates geothermal, solar photovoltaic, and recovered energy-based power plants; and sells electricity. The Product segment designs, manufactures, and sells equipment for geothermal and recovered energy-based electricity generation; and provides services relating to the engineering, procurement, construction, operation, and maintenance of geothermal and recovered energy-based power plants. This segment serves contractors; 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. The Energy Storage segment offers battery energy storage systems and related services. Ormat Technologies, Inc. was founded in 1965 and is headquartered in Reno, Nevada.Read More ORA Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ORA Stock News HeadlinesMay 9, 2024 | finanznachrichten.deOrmat Technologies, Inc.: Ormat Technologies Reports First Quarter 2024 Financial ResultsMay 8, 2024 | globenewswire.comOrmat Technologies Reports First Quarter 2024 Financial ResultsMay 9, 2024 | Altimetry (Ad)Urgent Nvidia WarningCould Steve Job's 'Final Prophecy' Make You Rich? Just before he died, Steve Jobs issued a "Final Prophecy" that's now coming true... and making some people rich. In one recent 90-day stretch, 50 companies related to Jobs' "Final Prophecy" soared by 100% or more. What was Steve Jobs' last big prediction, and how can you get in on it? Professor Joel Litman explains everything... including the surprising group of stocks moving higher, and his No. 1 favorite stock in this space.May 7, 2024 | markets.businessinsider.comOrmat Technologies earnings: here's what Wall Street expectsMay 7, 2024 | msn.comOrmat Technologies Q1 2024 Earnings PreviewMay 1, 2024 | tmcnet.comOra, Inc. to showcase latest technologies and research at ARVO 2024, convene groundbreaking ophthalmic symposium Dry HorizonsMay 1, 2024 | americanbankingnews.comOrmat Technologies (ORA) Set to Announce Earnings on WednesdayApril 22, 2024 | investorplace.com7 Alternative Energy Stocks to Buy on the Fossil Fuel FalloutMay 9, 2024 | Altimetry (Ad)Urgent Nvidia WarningCould Steve Job's 'Final Prophecy' Make You Rich? Just before he died, Steve Jobs issued a "Final Prophecy" that's now coming true... and making some people rich. In one recent 90-day stretch, 50 companies related to Jobs' "Final Prophecy" soared by 100% or more. What was Steve Jobs' last big prediction, and how can you get in on it? Professor Joel Litman explains everything... including the surprising group of stocks moving higher, and his No. 1 favorite stock in this space.April 17, 2024 | finance.yahoo.com78% earnings growth over 1 year has not materialized into gains for Ormat Technologies (NYSE:ORA) shareholders over that periodApril 15, 2024 | msn.comIsrael stocks lower at close of trade; TA 35 down 1.23%April 10, 2024 | nasdaq.comMartin Zweig Detailed Fundamental Analysis - ORAApril 9, 2024 | finance.yahoo.comOrmat Technologies, Inc. to Host Conference Call Announcing First Quarter 2024 Financial ResultsApril 1, 2024 | finance.yahoo.comDirector Stanley Stern Sells Shares of Ormat Technologies Inc (ORA)March 21, 2024 | finance.yahoo.comOrmat Technologies, Inc.'s (NYSE:ORA) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?March 13, 2024 | finance.yahoo.comORA Apr 2024 70.000 callMarch 13, 2024 | finance.yahoo.comORA Apr 2024 60.000 putMarch 9, 2024 | seekingalpha.comOrmat Technologies: An Expensive Vertically Integrated GemMarch 3, 2024 | investorplace.comGet Your Green With These 3 Renewable Energy Stock PicksFebruary 26, 2024 | markets.businessinsider.comAnalysts Offer Insights on Utilities Companies: Ormat Techno (ORA) and CLP Holdings (OtherCLPHF)February 26, 2024 | realmoney.thestreet.comOrmat Technologies price target lowered by $2 at Roth MKM, here's whyFebruary 23, 2024 | nz.finance.yahoo.comTikTok mom’s controversial take on birthday parties is raising eyebrowsFebruary 23, 2024 | finance.yahoo.comOrmat Technologies, Inc. (NYSE:ORA) Q4 2023 Earnings Call TranscriptFebruary 23, 2024 | finance.yahoo.comAnalyst Estimates: Here's What Brokers Think Of Ormat Technologies, Inc. (NYSE:ORA) After Its Yearly ReportFebruary 23, 2024 | msn.comIsrael stocks higher at close of trade; TA 35 up 1.13%February 23, 2024 | markets.businessinsider.comBalancing Growth Prospects and Risks: A Hold Rating for Ormat TechnologiesFebruary 23, 2024 | finance.yahoo.comQ4 2023 Ormat Technologies Inc Earnings CallSee More Headlines Receive ORA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ormat Technologies and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/21/2024Ex-Dividend for 3/20 Dividend3/05/2024Dividend Payable3/20/2024Today5/08/2024Next Earnings (Confirmed)5/08/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Electric services Sub-IndustryIndependent Power Producers & Energy Traders Current SymbolNYSE:ORA CUSIP68668810 CIK1296445 Webwww.ormat.com Phone(775) 356-9029Fax775-356-9039Employees1,576Year FoundedN/APrice Target and Rating Average Stock Price Target$81.00 High Stock Price Target$92.00 Low Stock Price Target$70.00 Potential Upside/Downside+18.1%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$2.09 Trailing P/E Ratio32.80 Forward P/E Ratio32.04 P/E Growth3.16Net Income$124.40 million Net Margins15.00% Pretax Margin16.77% Return on Equity5.09% Return on Assets2.41% Debt Debt-to-Equity Ratio0.64 Current Ratio1.20 Quick Ratio1.12 Sales & Book Value Annual Sales$829.42 million Price / Sales4.99 Cash Flow$5.83 per share Price / Cash Flow11.75 Book Value$40.44 per share Price / Book1.70Miscellaneous Outstanding Shares60,400,000Free Float60,122,000Market Cap$4.14 billion OptionableOptionable Beta0.48 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for May 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Doron Blachar (Age 56)Chief Executive Officer Comp: $1.26MMr. Assaf Ginzburg (Age 49)Chief Financial Officer Comp: $753.44kMs. Jessica Woelfel (Age 47)General Counsel, Chief Compliance Officer & Corporate Secretary Comp: $568.18kMr. Shimon Hatzir (Age 62)Executive Vice President of Electricity Segment Comp: $669.65kMr. Ofer Ben Yosef (Age 60)Executive Vice President of Energy Storage & Business Development Comp: $560.37kMs. Smadar LaviVice President, Head of Investor Relations & ESG Planning and ReportingMs. Liza TavoriExecutive Vice President of Human ResourcesMs. Nirit GrushkoSenior Vice President of Engineering, R&D Innovation & QEHSMr. Elad ZalkinSenior Vice President of Projects, Business Excellence, Planning & ControlMore ExecutivesKey CompetitorsClearway EnergyNYSE:CWENBrookfield RenewableNYSE:BEPCNextEra Energy PartnersNYSE:NEPAtlantica Sustainable InfrastructureNASDAQ:AYReNew Energy GlobalNASDAQ:RNWView All CompetitorsInsiders & InstitutionsState Board of Administration of Florida Retirement SystemSold 899 shares on 5/9/2024Ownership: 0.024%ProShare Advisors LLCBought 657 shares on 5/8/2024Ownership: 0.024%US Bancorp DEBought 3,704 shares on 5/8/2024Ownership: 0.012%Inspire Investing LLCBought 350 shares on 5/8/2024Ownership: 0.009%Qsemble Capital Management LPBought 4,185 shares on 5/8/2024Ownership: 0.007%View All Insider TransactionsView All Institutional Transactions ORA Stock Analysis - Frequently Asked Questions Should I buy or sell Ormat Technologies stock right now? 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ormat Technologies in the last twelve months. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ORA shares. View ORA analyst ratings or view top-rated stocks. What is Ormat Technologies' stock price target for 2024? 6 analysts have issued 1-year price targets for Ormat Technologies' stock. Their ORA share price targets range from $70.00 to $92.00. On average, they predict the company's stock price to reach $81.00 in the next twelve months. This suggests a possible upside of 18.1% from the stock's current price. View analysts price targets for ORA or view top-rated stocks among Wall Street analysts. How have ORA shares performed in 2024? Ormat Technologies' stock was trading at $75.79 at the beginning of the year. Since then, ORA shares have decreased by 9.5% and is now trading at $68.56. View the best growth stocks for 2024 here. How can I listen to Ormat Technologies' earnings call? Ormat Technologies will be holding an earnings conference call on Thursday, May 9th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 647-362-9199 with passcode "9122486". How were Ormat Technologies' earnings last quarter? Ormat Technologies, Inc. (NYSE:ORA) released its quarterly earnings results on Wednesday, February, 21st. The energy company reported $0.67 EPS for the quarter, topping the consensus estimate of $0.60 by $0.07. The energy company earned $241.30 million during the quarter, compared to analysts' expectations of $239.71 million. Ormat Technologies had a trailing twelve-month return on equity of 5.09% and a net margin of 15.00%. The firm's revenue was up 17.4% compared to the same quarter last year. During the same period last year, the firm posted $0.73 EPS. How often does Ormat Technologies pay dividends? What is the dividend yield for Ormat Technologies? Ormat Technologies declared a quarterly dividend on Wednesday, February 21st. Investors of record on Wednesday, March 6th will be paid a dividend of $0.12 per share on Wednesday, March 20th. This represents a $0.48 annualized dividend and a dividend yield of 0.70%. The ex-dividend date is Tuesday, March 5th. Read our dividend analysis for ORA. Is Ormat Technologies a good dividend stock? Ormat Technologies (NYSE:ORA) pays an annual dividend of $0.48 per share and currently has a dividend yield of 0.71%. The dividend payout ratio is 22.97%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ORA will have a dividend payout ratio of 20.51% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for ORA. What ETFs hold Ormat Technologies' stock? ETFs with the largest weight of Ormat Technologies (NYSE:ORA) stock in their portfolio include ALPS Clean Energy ETF (ACES), ProShares S&P Kensho Cleantech ETF (CTEX), Global X Renewable Energy Producers ETF (RNRG), SmartETFs Sustainable Energy II ETF (SOLR), SPDR S&P Kensho Clean Power ETF (CNRG), Fidelity Clean Energy ETF (FRNW), VanEck Green Infrastructure ETF (RNEW) and First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN). What guidance has Ormat Technologies issued on next quarter's earnings? Ormat Technologies updated its FY 2024 earnings guidance on Wednesday, May, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $860.0 million-$910.0 million, compared to the consensus revenue estimate of $888.2 million. What is Doron Blachar's approval rating as Ormat Technologies' CEO? 1 employees have rated Ormat Technologies Chief Executive Officer Doron Blachar on Glassdoor.com. Doron Blachar has an approval rating of 100% among the company's employees. This puts Doron Blachar in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 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 QUALCOMM (QCOM), NVIDIA (NVDA), Micron Technology (MU), AT&T (T), Intel (INTC), Xilinx (XLNX), Tesla (TSLA), Advanced Micro Devices (AMD), Boeing (BA) and Cisco Systems (CSCO). Who are Ormat Technologies' major shareholders? Ormat Technologies' stock is owned by many different institutional and retail investors. Top institutional investors include Global Alpha Capital Management Ltd. (3.80%), Guinness Asset Management LTD (0.73%), Van ECK Associates Corp (0.70%), Portman Square Capital LLP (0.00%), Principal Financial Group Inc. (0.34%) and Swiss National Bank (0.18%). Insiders that own company stock include Corp Orix, Dafna Sharir, Dan Falk, David Granot, Doron Blachar, Isaac Angel, Shimon Hatzir, Shlomi Argas and Stanley Stern. View institutional ownership trends. How do I buy shares of Ormat Technologies? Shares of ORA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:ORA) was last updated on 5/9/2024 by MarketBeat.com Staff From Our PartnersTech GIANT’s Plans to Revolutionize Crypto…Crypto 101 MediaDems have chosen Biden replacement?Paradigm PressThis 1 Biotech Stock has been shocking the marketsHuge AlertsThe 2024 Gold Rush: Unleashing Market PotentialPriority GoldHe Is Giving Away BitcoinCrypto Swap ProfitsExposed: 10 CENT Crypto to Explode May 20th?True Market InsidersTrump Asset Seizure Threat Alert: Could Your Savings Be Next?American Hartford Gold GroupUrgent Nvidia WarningAltimetry Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Ormat Technologies, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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