Ormat Technologies, Inc. (ORA)

NYSE: ORA · IEX Real-Time Price · USD
84.39
-0.08 (-0.10%)
Mar 30, 2023, 12:50 PM EDT - Market open
-0.1%
Market Cap 5.04B
Revenue (ttm) 734.16M
Net Income (ttm) 65.84M
Shares Out 59.70M
EPS (ttm) 1.17
PE Ratio 72.20
Forward PE 50.51
Dividend $0.48 (0.57%)
Ex-Dividend Date Mar 7, 2023
Volume 229,955
Open 84.67
Previous Close 84.47
Day's Range 84.01 - 86.20
52-Week Range 67.28 - 101.81
Beta 0.48
Analysts Buy
Price Target 96.05 (+13.82%)
Earnings Date May 1, 2023

About ORA

Ormat Technologies, Inc. engages in the geothermal and recovered energy power business in the United States, Indonesia, Kenya, Turkey, Chile, Guadeloupe, Guatemala, Ethiopia, New Zealand, Honduras, and internationally. It operates through 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, recovered energy-... [Read more]

Sector Utilities
IPO Date Nov 11, 2004
Employees 1,385
Stock Exchange NYSE
Ticker Symbol ORA
Full Company Profile

Financial Performance

In 2022, ORA's revenue was $734.16 million, an increase of 10.72% compared to the previous year's $663.08 million. Earnings were $65.84 million, an increase of 6.04%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for ORA stock is "Buy." The 12-month stock price forecast is $96.05, which is an increase of 13.82% from the latest price.

Price Target
$96.05
(13.82% upside)
Analyst Consensus: Buy
Stock Forecasts

News

CSAN vs. ORA: Which Stock Is the Better Value Option?

CSAN vs. ORA: Which Stock Is the Better Value Option?

Other symbols: CSAN
6 days ago - Zacks Investment Research

Ormat Announces Pricing of Public Offering of Common Stock

RENO, Nev., March 14, 2023 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA) (“Ormat”), a leading geothermal, energy storage, solar PV and recovered energy power company, announced today that i...

2 weeks ago - GlobeNewsWire

Ormat Announces Launch of Public Offering of Common Stock

RENO, Nev., March 14, 2023 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA) (“Ormat”), a leading geothermal, energy storage, solar PV and recovered energy power company, announced today the la...

2 weeks ago - GlobeNewsWire

CSAN vs. ORA: Which Stock Should Value Investors Buy Now?

CSAN vs. ORA: Which Stock Is the Better Value Option?

Other symbols: CSAN
3 weeks ago - Zacks Investment Research

This under-the-radar renewable energy stock could rally 25%

Shares of Ormat Technologies Inc (NYSE: ORA) are trading up this morning after a UBS analyst turned bullish on the renewable energy company. Ormat stock is trading at a discount On Tuesday, Jon Windha...

1 month ago - Invezz

Ormat Technologies (ORA) Q4 Earnings Top, Revenues Rise Y/Y

Ormat Technologies (ORA) generates fourth-quarter revenues of $205.2 million, which exceed the Zacks Consensus Estimate by 3.9%. Moreover, the top line increases 7.6% on a year-over-year basis.

1 month ago - Zacks Investment Research

Ormat Technologies (ORA) Q4 Earnings and Revenues Top Estimates

Ormat Technologies (ORA) delivered earnings and revenue surprises of 52.08% and 3.91%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Ormat Technologies Reports Fourth Quarter and Year-End 2022 Financial Results

2023 Outlook Reflects Highest Total Revenue Ever and Record Adjusted EBITDA Growth 2023 Outlook Reflects Highest Total Revenue Ever and Record Adjusted EBITDA Growth

1 month ago - GlobeNewsWire

7 Green Stocks to Buy for a More Sustainable Future

There are many reasons why someone might consider investing in green stocks. Investing in green stocks allows individuals to align their investments with their personal values, as they are investing i...

Other symbols: AMPSARRYAYFLNCNEPSMR
1 month ago - InvestorPlace

7 Renewable Energy Stocks That Will Be Big Winners in 2023

Renewable energy stocks represent a necessary mechanism to address environmental viability.

Other symbols: BEPCWENENPHNEESTEMWAVE
2 months ago - InvestorPlace

CWEN or ORA: Which Is the Better Value Stock Right Now?

CWEN vs. ORA: Which Stock Is the Better Value Option?

Other symbols: CWEN
2 months ago - Zacks Investment Research

Ormat Technologies, Inc. To Host Conference Call Announcing Fourth Quarter and Year End 2022 Financial Results

RENO, Nev., Jan. 25, 2023 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA), a leading geothermal, energy storage, solar PV and recovered energy power company, today announced that it plans to p...

2 months ago - GlobeNewsWire

7 Stocks to Buy on the Fed's Climate Change Concerns

As major political winds decisively turn green, investors may want to consider doubling down now on sector-relevant stocks to buy. Recently, CNBC published a report noting that “[t]he six largest bank...

Other symbols: CCJENPHHDNEERSGSHEL
2 months ago - InvestorPlace

7 Little-Known Stocks That Will Make You Rich in 10 Years

If you can't stand the very concept of groupthink – particularly when it relates to your portfolio – then this list of little-known stocks that will make you rich in 10 years may be up your alley. Of ...

Other symbols: CWCOFORAKLICMUSAPETSMR
2 months ago - InvestorPlace

The 7 Most Undervalued Renewable Energy Stocks to Buy Now

Renewable energy has become increasingly popular. Indeed, this sector is critical in tackling key issues such as climate change and energy independence.

Other symbols: AYBEPGEJKSPLUG
2 months ago - InvestorPlace

Ormat Secured a Financing Agreement for the Development of Ijen Geothermal Project

RENO, Nev., Jan. 12, 2023 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA) - Ormat Technologies (NYSE: ORA) and PT Medco Power Indonesia (“Medco Power”) through their subsidiary company, PT Me...

2 months ago - GlobeNewsWire

CWEN vs. ORA: Which Stock Is the Better Value Option?

CWEN vs. ORA: Which Stock Is the Better Value Option?

Other symbols: CWEN
3 months ago - Zacks Investment Research

7 Clean Energy Stocks You Must Own Today

With new paradigms thrust upon the free world, the discussion about clean energy stocks represents an unavoidable topic. While Russia's invasion of Ukraine imposes the severest obstacle to global ener...

Other symbols: BEENPHNEEOPTTSMR
3 months ago - InvestorPlace

DINO or ORA: Which Is the Better Value Stock Right Now?

DINO vs. ORA: Which Stock Is the Better Value Option?

Other symbols: DINO
4 months ago - Zacks Investment Research

3 Renewable Energy Stocks Paying Dividends

One trend that has accelerated in recent years is the focus on using environmental, social and governance ( ESG) factors to make investment decisions. Many investors are now using a company's perform...

Other symbols: AYNEE
4 months ago - InvestorPlace

Ormat Announces Pricing of Upsized Public Offering of Common Stock on Behalf of Stockholder ORIX Corporation

RENO, Nev., Nov. 16, 2022 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA) (“Ormat”), a leading geothermal, energy storage, solar PV and recovered energy power company, announced today the pri...

4 months ago - GlobeNewsWire

Ormat Announces Launch of Public Offering of Common Stock on Behalf of Stockholder ORIX Corporation

RENO, Nev., Nov. 16, 2022 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA) (“Ormat”), a leading geothermal, energy storage, solar PV and recovered energy power company, announced today the com...

4 months ago - GlobeNewsWire

DINO vs. ORA: Which Stock Is the Better Value Option?

DINO vs. ORA: Which Stock Is the Better Value Option?

Other symbols: DINO
5 months ago - Zacks Investment Research

7 No-Brainer Energy Stocks to Buy for 2023 and Beyond

Given the dramatic paradigm shifts that occurred in the energy space, investors need to focus on no-brainer energy stocks to buy for 2023 and beyond. Fundamentally, Russia's brazen war in Ukraine pose...

Other symbols: CVXENPHLNGSHELSMRSWN
5 months ago - InvestorPlace

Ormat Technologies (ORA) Q3 Earnings Top, Revenues Rise Y/Y

Ormat Technologies (ORA) generates revenues of $175.9 million, which exceed the Zacks Consensus Estimate by 1.6%. Moreover, the top line increases 10.7% on a year-over-year basis.

5 months ago - Zacks Investment Research