Ormat Technologies, Inc. (ORA)

NYSE: ORA · IEX Real-Time Price · USD
78.24
2.36 (3.11%)
May 19, 2022 4:00 PM EDT - Market closed
Market Cap4.39B
Revenue (ttm)680.44M
Net Income (ttm)65.26M
Shares Out56.07M
EPS (ttm)1.16
PE Ratio67.45
Forward PE59.17
Dividend$0.48 (0.61%)
Ex-Dividend DateMay 13, 2022
Volume302,002
Open75.95
Previous Close75.88
Day's Range75.36 - 78.90
52-Week Range60.32 - 88.52
Beta0.46
AnalystsBuy
Price Target80.99 (+3.5%)
Earnings DateMay 2, 2022

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-...

IndustryIndependent Power and Renewable Electricity Producers
IPO DateNov 11, 2004
CEODoron Blachar
Employees1,385
Stock ExchangeNYSE
Ticker SymbolORA
Full Company Profile

Financial Performance

In 2021, ORA's revenue was $663.08 million, a decrease of -5.99% compared to the previous year's $705.34 million. Earnings were $62.09 million, a decrease of -27.34%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for ORA stock is "Buy." The 12-month stock price forecast is 80.99, which is an increase of 3.51% from the latest price.

Price Target
$80.99
(3.51% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Ormat Technologies Signs Two PPAs With NV Energy for Up to 160 MW of Geothermal Capacity

RENO, Nev., May 19, 2022 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE:ORA), a leading geothermal, energy storage, solar PV and recovered energy power company, today announced the execution of two ...

10 hours ago - GlobeNewsWire

The 7 Best Energy Stocks to Buy Now

With a new paradigm in power structures imposed upon the world, these energy stocks to buy now are incredibly relevant. The post The 7 Best Energy Stocks to Buy Now appeared first on InvestorPlace.

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6 days ago - InvestorPlace

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

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

Other symbols:TTE
2 weeks ago - Zacks Investment Research

Ormat Technologies (ORA) Q1 Earnings Top, Revenues Rise Y/Y

Ormat Technologies' (ORA) Q1 adjusted earnings surpass the Zacks Consensus Estimate by 9.4%. The top line increases 10.4% on a year-over-year basis.

2 weeks ago - Zacks Investment Research

Ormat Technologies (ORA) Tops Q1 Earnings and Revenue Estimates

Ormat Technologies (ORA) delivered earnings and revenue surprises of 9.38% and 5.46%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

2 weeks ago - Zacks Investment Research

Ormat Technologies Reports First Quarter 2022 Financial Results

Company Delivers Strong First Quarter Results Driven by Growth in Electricity Segment Company Delivers Strong First Quarter Results Driven by Growth in Electricity Segment

2 weeks ago - GlobeNewsWire

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

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

Other symbols:TTE
1 month ago - Zacks Investment Research

Ormat Technologies Signs 15-Year Power Purchase Agreement With Peninsula Clean Energy for Heber 2 Geothermal Facility

RENO, Nev., April 14, 2022 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA), a leading geothermal, energy storage, solar PV and recovered energy power company, announced today that it has signed...

1 month ago - GlobeNewsWire

Ormat Technologies, Inc. to Host Conference Call Announcing First Quarter 2022 Financial Results

CALL WILL BE WEBCAST SIMULTANEOUSLY CALL WILL BE WEBCAST SIMULTANEOUSLY

1 month ago - GlobeNewsWire

Ormat Technologies (ORA) Up 12.7% Since Last Earnings Report: Can It Continue?

Ormat Technologies (ORA) reported earnings 30 days ago. What's next for the stock?

1 month ago - Zacks Investment Research

Ormat Technologies to Host Investor Day

RENO, Nev., March 25, 2022 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA), a leading geothermal, energy storage, solar PV and recovered energy power company, today announced that the Company w...

1 month ago - GlobeNewsWire

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

Ormat Technologies (ORA) Q4 revenues of $191 million exceed the Zacks Consensus Estimate by 4.2% and increase 6.5% on a year-over-year basis

2 months ago - Zacks Investment Research

Ormat Technologies Reports Fourth Quarter and Year-End 2021 Financial Results

2022 Outlook Reflects Meaningful Revenues and Adjusted EBITDA Growth 2022 Outlook Reflects Meaningful Revenues and Adjusted EBITDA Growth

2 months ago - GlobeNewsWire

7 Best Renewable Energy Stocks to Buy in Q1

Many investors have given up on renewable energy stocks. That creates some opportunities to buy sector leaders at discounted prices.

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3 months ago - InvestorPlace

Ormat Technologies, Inc. to Host Conference Call Announcing Fourth Quarter and Year-end 2021 Financial Results

RENO, Nev., Jan. 26, 2022 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA), a leading vertically integrated geothermal energy and recovered energy power company businesses, today announced that i...

3 months ago - GlobeNewsWire

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

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

Other symbols:EVRG
4 months ago - Zacks Investment Research

7 of the Best Clean Energy Stocks for 2022 to Buy Now

Clean energy stocks will play a vital role in the U.S.'s fight against climate change by assisting in the energy sector's decarbonization, Here's the 7 best clean energy stocks to buy for 2022 and beyon...

5 months ago - InvestorPlace

Gstaad Enters into Letter of Intent to Acquire Luxhygenix

Not for distribution to United States newswire services or for release, publication, distribution or dissemination, directly or indirectly, in whole or in part, in or into the United States. VANCOUVER, ...

5 months ago - Accesswire

Ormat Technologies (ORA) Up 3.8% Since Last Earnings Report: Can It Continue?

Ormat Technologies (ORA) reported earnings 30 days ago. What's next for the stock?

5 months ago - Zacks Investment Research

7 Green Energy Stocks to Buy in December

Green energy stocks that have under-performed in the recent past but look poised for a rally as clean energy investments accelerate in 2022. The post 7 Green Energy Stocks to Buy in December appeared fi...

5 months ago - InvestorPlace

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

Ormat Technologies (ORA) generates revenues of $158.8 million, lagging the Zacks Consensus Estimate by 1.6%. Moreover, the top line slipped 0.1% on a year-over-year basis.

6 months ago - Zacks Investment Research

Polaris Infrastructure Announces Q3 2021 Results

TORONTO, ON / ACCESSWIRE / November 4, 2021 / Polaris Infrastructure Inc. (TSX:PIF) ("Polaris Infrastructure" or the "Company"), a Toronto-based company engaged in the operation, acquisition and develop...

6 months ago - Accesswire

Ormat Technologies (ORA) Tops Q3 Earnings Estimates

Ormat Technologies (ORA) delivered earnings and revenue surprises of 28.00% and -1.64%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

Ormat Technologies Reports Third Quarter 2021 Financial Results

NEWLY AQUIRED GEOTHERMAL ASSETS CONTRIBUTED TO OUR REVENUES AND BOTTOM LINE

6 months ago - GlobeNewsWire

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

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

Other symbols:TTE
6 months ago - Zacks Investment Research