Ormat Technologies, Inc. (ORA)

Market Cap	3.81B
Revenue (ttm)	829.42M
Net Income (ttm)	124.40M
Shares Out	60.38M
EPS (ttm)	2.08
PE Ratio	30.34
Forward PE	29.47
Dividend	$0.48 (0.76%)
Ex-Dividend Date	Mar 5, 2024

Volume	666,353
Open	63.55
Previous Close	63.78
Day's Range	62.51 - 64.04
52-Week Range	58.73 - 88.26
Beta	0.47
Analysts	Buy
Price Target	83.40 (+32.15%)
Earnings Date	May 8, 2024

About 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 electr...

• Industry: Utilities - Renewable
• Sector: Utilities
• IPO Date: Nov 11, 2004
• Employees: 1,576
• Stock Exchange: NYSE
• Ticker Symbol: ORA

Financial Performance

In 2023, ORA'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%.

Analyst Forecast

According to 5 analysts, the average rating for ORA stock is "Buy." The 12-month stock price forecast is $83.4, which is an increase of 32.15% from the latest price.

Price Target

$83.4

(32.15% upside)

Analyst Consensus: Buy