Ormat Technologies, Inc. (TLV: ORA)

Israel flag Israel · Delayed Price · Currency is ILS · Price in ILA
24,700
-260 (-1.04%)
Dec 22, 2024, 12:57 PM IDT
-9.82%
Market Cap 14.89B
Revenue (ttm) 3.31B
Net Income (ttm) 441.01M
Shares Out n/a
EPS (ttm) 7.28
PE Ratio 33.76
Forward PE n/a
Dividend 1.76 (0.01%)
Ex-Dividend Date Nov 20, 2024
Volume 14,129
Open 24,550
Previous Close 24,960
Day's Range 24,550 - 24,780
52-Week Range 22,390 - 31,740
Beta 0.53
Analysts n/a
Price Target n/a
Earnings Date Feb 21, 2025

About Ormat Technologies

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 electr... [Read more]

Sector Utilities
Founded 1965
Employees 1,576
Stock Exchange Tel Aviv Stock Exchange
Ticker Symbol ORA
Full Company Profile

Financial Performance

In 2023, Ormat Technologies's revenue was $829.42 million, an increase of 12.98% compared to the previous year's $734.16 million. Earnings were $124.40 million, an increase of 88.94%.

Financial numbers in USD Financial Statements

News

Insider Sell: Stanley Stern Sells Shares of Ormat Technologies Inc (ORA)

Insider Sell: Stanley Stern Sells Shares of Ormat Technologies Inc (ORA)

17 days ago - GuruFocus

Insider Sell: David Granot Sells Shares of Ormat Technologies Inc (ORA)

Insider Sell: David Granot Sells Shares of Ormat Technologies Inc (ORA)

18 days ago - GuruFocus

100 November Sustainable Dividend Dogs: 50 'Safer' And 2 Ideal Buys

Calvert Research and Management ranked the 100 most sustainable companies based on over 230 ESG indicators, including workplace diversity and greenhouse-gas emissions. Eight of 78 dividend-paying sust...

5 weeks ago - Seeking Alpha

Ormat Technologies (ORA) Stock Dips Amid Renewable Energy Sector Decline

Ormat Technologies (ORA) Stock Dips Amid Renewable Energy Sector Decline

5 weeks ago - GuruFocus

Ormat Technologies Announces Successful Monetization of 40% Investment Tax Credit for Bottleneck Energy Storage Facility

RENO, Nev., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA), a leading renewable energy company, today announced the successful deal to transfer investment tax credits (ITCs) fro...

5 weeks ago - GlobeNewsWire

Ormat Technologies Inc (ORA) Q3 2024 Earnings: EPS of $0.42 Beats Estimates, Revenue at $211. ...

Ormat Technologies Inc (ORA) Q3 2024 Earnings: EPS of $0.42 Beats Estimates, Revenue at $211.8 Million Misses Expectations

6 weeks ago - GuruFocus

Ormat Releases 2023 Sustainability Report

RENO, Nev., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA), a leading renewable energy company, today announced the release of its annual Sustainability Report, providing an ove...

7 weeks ago - GlobeNewsWire

Ormat Commences Commercial Operation of Bottleneck Storage Facility in California, Delivering 80MW/320MWh of Energy Storage Capacity

RENO, Nev., Oct. 28, 2024 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA), a leading renewable energy company, announces the successful commencement of commercial operations for its largest en...

7 weeks ago - GlobeNewsWire

Ormat Technologies Stock Sees Improved RS Rating

Ormat Technologies shows rising price performance, earning an upgrade to its IBD Relative Strength Rating

2 months ago - Investor's Business Daily

Ormat Technologies Inc. Secures Land Parcels in Nevada’s BLM Auction to Advance Future Geothermal Development

RENO, Nev., Oct. 10, 2024 (GLOBE NEWSWIRE) — Ormat Technologies Inc. (NYSE: ORA), a leading renewable energy company, today announced it has successfully secured multiple land parcels in Nevada’s Annu...

2 months ago - Business Upturn

Ormat Technologies Inc. Secures Land Parcels in Nevada's BLM Auction to Advance Future Geothermal Development

RENO, Nev., Oct. 10, 2024 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA), a leading renewable energy company, today announced it has successfully secured multiple land parcels in Nevada's Ann...

2 months ago - GlobeNewsWire

Insider Sale: Director Byron Wong Sells Shares of Ormat Technologies Inc (ORA)

Insider Sale: Director Byron Wong Sells Shares of Ormat Technologies Inc (ORA)

3 months ago - GuruFocus

Ormat signs first tolling agreements in Texas for two energy storage facilities

Ormat Technologies (ORA) gains +1% after signing first tolling agreements in Texas for energy storage facilities, boosting grid reliability and...

4 months ago - Seeking Alpha

Ormat Technologies Reports Second Quarter 2024 Financial Results

Consistent Improvement Across All Operating Segments Highlights Committement Toward Continued Profitable Growth Consistent Improvement Across All Operating Segments Highlights Committement Toward Cont...

4 months ago - GlobeNewsWire

Ormat Secures 15-Year Resource Adequacy Purchase and Sale Agreement With the City of Riverside for the 80MW/320MWh Shirk Energy Storage Facility

AGREEMENT SUPPORTS ORMAT'S GROWTH TRAJECTORY AND ADVANCES THE ONGOING TRANSITION TO A MORE STABLE, PROFITABLE ENERGY STORAGE PORTFOLIO AGREEMENT SUPPORTS ORMAT'S GROWTH TRAJECTORY AND ADVANCES THE ONG...

5 months ago - GlobeNewsWire

Ormat Technologies, Inc. (ORA) Q1 2024 Earnings Call Transcript

Ormat Technologies, Inc. (NYSE:ORA) Q1 2024 Earnings Conference Call May 9, 2024 10:00 AM ET Company Participants Josh Carroll - Alpha IR Group, IR Doron Blachar - CEO Assaf Ginzburg - CFO Conference...

8 months ago - Seeking Alpha

Ormat Technologies Reports First Quarter 2024 Financial Results

Significant Expansion of Profitability and Earnings, Supported by All Three Operating Segments Significant Expansion of Profitability and Earnings, Supported by All Three Operating Segments

8 months ago - GlobeNewsWire

Ormat Technologies: An Expensive Vertically Integrated Gem

Ormat Technologies is a leading global company in geothermal power generation with an installed capacity of 1215 MW. The company's business is structured around three segments: Electricity, Product, a...

10 months ago - Seeking Alpha

Ormat Technologies, Inc. (ORA) Q4 2023 Earnings Call Transcript

Ormat Technologies, Inc. (NYSE:ORA) Q4 2023 Earnings Conference Call February 22, 2024 10:00 AM ET

10 months ago - Seeking Alpha

Ormat Technologies Reports Fourth Quarter and Year-End 2023 Financial Results

DELIVERED A 77.8% INCREASE IN ANNUAL DILUTED EPS AND A 25.0% INCREASE IN ANNUAL ADJUSTED DILUTED EPS COMPARED TO PRIOR YEAR

10 months ago - GlobeNewsWire

Ormat Secures Approval for PPA Amendments Between Its Puna Geothermal Venture and Hawaiian Electric

Amended and restated PPA secures fixed energy rate, PPA extension and project expansion

11 months ago - GlobeNewsWire