Ormat Technologies, Inc. (ORA)
| 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]
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 StatementsAnalyst 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.
News
CSAN vs. ORA: Which Stock Is the Better Value Option?
CSAN vs. ORA: Which Stock Is the Better Value Option?
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...
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...
CSAN vs. ORA: Which Stock Should Value Investors Buy Now?
CSAN vs. ORA: Which Stock Is the Better Value Option?
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...
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.
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?
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
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CWEN or ORA: Which Is the Better Value Stock Right Now?
CWEN vs. ORA: Which Stock Is the Better Value Option?
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...
7 Stocks to Buy on the Fed's Climate Change Concerns
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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...
CWEN vs. ORA: Which Stock Is the Better Value Option?
CWEN vs. ORA: Which Stock Is the Better Value Option?
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...
DINO or ORA: Which Is the Better Value Stock Right Now?
DINO vs. ORA: Which Stock Is the Better Value Option?
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...
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...
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...
DINO vs. ORA: Which Stock Is the Better Value Option?
DINO vs. ORA: Which Stock Is the Better Value Option?
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...
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.