Ormat Technologies, Inc. (ORA)
| Market Cap | 3.70B |
| Revenue (ttm) | 651.58M |
| Net Income (ttm) | 64.66M |
| Shares Out | 55.99M |
| EPS (ttm) | 1.20 |
| PE Ratio | 57.26 |
| Forward PE | 35.46 |
| Dividend | $0.47 (0.69%) |
| Ex-Dividend Date | Aug 17, 2021 |
| Volume | 453,627 |
| Open | 66.45 |
| Previous Close | 66.06 |
| Day's Range | 65.69 - 68.55 |
| 52-Week Range | 53.71 - 128.22 |
| Beta | 0.32 |
| Analysts | Hold |
| Price Target | 80.33 (+17.4%) |
| Est. Earnings Date | Nov 2, 2021 |
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. The company 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, recovere...
Financial Performance
In 2020, ORA's revenue was $705.34 million, a decrease of -5.46% compared to the previous year's $746.04 million. Earnings were $85.46 million, a decrease of -3.00%.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for ORA stock is "Hold." The 12-month stock price forecast is 80.33, which is an increase of 17.39% from the latest price.
News
Ormat Technologies (ORA) Up 2.8% Since Last Earnings Report: Can It Continue?
Ormat Technologies (ORA) reported earnings 30 days ago. What's next for the stock?
EQNR or ORA: Which Is the Better Value Stock Right Now?
EQNR vs. ORA: Which Stock Is the Better Value Option?
EQNR vs. ORA: Which Stock Is the Better Value Option?
EQNR vs. ORA: Which Stock Is the Better Value Option?
Ormat Technologies (ORA) Beats on Q2 Earnings, Ups Revenue View
Ormat Technologies' (ORA) Q2 revenues of $146.9 million miss the Zacks Consensus Estimate by a whisker and decline 16% on a year-over-year basis
Ormat Wins a Contract for Products to Support San Jacinto Geothermal Project in Nicaragua
Product Segment Backlog Grows as Market Continues to Improve Product Segment Backlog Grows as Market Continues to Improve
Ormat Signs 10 MW Long Term Resource Adequacy Agreement With Pacific Gas and Electric Company
Ormat Plans to Expand Pomona Complex by 20MW/40MWh Ormat Plans to Expand Pomona Complex by 20MW/40MWh
Polaris Infrastructure Announces Q2 2021 Results
TORONTO, Aug. 5, 2021 /PRNewswire/ - Polaris Infrastructure Inc. (TSX: PIF) ("Polaris Infrastructure" or the "Company"), a Toronto-based company engaged in the operation, acquisition and development of ...
Ormat Technologies (ORA) Surpasses Q2 Earnings Estimates
Ormat Technologies (ORA) delivered earnings and revenue surprises of 9.52% and -0.35%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Ormat Technologies: Q2 Earnings Insights
Shares of Ormat Technologies (NYSE:ORA) fell in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share fell 48.89% year over year to $0.23, which missed the est...
Ormat Technologies Reports Second Quarter 2021 Financial Results
Continues to Deliver Top Line Growth in Electricity and Energy Storage Segments
Polaris Infrastructure Signs Binary Unit Contract
TORONTO, Aug. 4, 2021 /PRNewswire/ - Polaris Infrastructure Inc. (TSX: PIF) ("Polaris Infrastructure" or the "Company"), a Toronto-based company engaged in the operation, acquisition and development of ...
Analysts Estimate Ormat Technologies (ORA) to Report a Decline in Earnings: What to Look Out for
Ormat Technologies (ORA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
EQNR vs. ORA: Which Stock Should Value Investors Buy Now?
EQNR vs. ORA: Which Stock Is the Better Value Option?
Ormat Completed the Acquisition of TG Geothermal Portfolio, LLC; Increasing Its Total Operating Portfolio to 1.1 GW
RENO, Nev., July 14, 2021 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA) announces that it has closed the previously announced acquisition of TG Geothermal Portfolio, LLC, paying $171 million ...
Ormat Technologies, Inc. to Host Conference Call Announcing Second Quarter 2021 Financial Results
Call Will Be Webcast Simultaneously Call Will Be Webcast Simultaneously
3 Renewable Energy Stocks to Buy If You Are Betting on Geothermal
Geothermal energy will play a big role in the transition to renewable energy. Here are three companies to consider investing in.
Ormat Signed a New Product Segment Supply Contract in Indonesia Supporting Its Backlog
Contract Award Signals Markets Reopening Post-Covid Contract Award Signals Markets Reopening Post-Covid
Ormat Completes McGinness Hills Complex Expansion
RENO, Nev., June 07, 2021 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA) announced the completion of the expansion of its McGinness Hills Phase 3 geothermal power plant in Eastern Nevada. The e...
7 Renewable Energy Stocks Worth Their Weight in Green
Renewable energy stocks took a sizable hit due to a sentiment shift following the Texas storm, but now they're making a comeback. The post 7 Renewable Energy Stocks Worth Their Weight in Green appeared ...
What's Up With Ormat Technologies Stock Today?
Ormat Technologies, Inc. (NYSE:ORA) shares are trading higher after the company announced it will acquire contracted geothermal assets in Nevada and a transmission line connecting Nevada with California...
Scott+Scott Attorneys at Law LLP Investigates Ormat Technologies, Inc.'s Directors and Officers for Breach of Fiducia...
NEW YORK--(BUSINESS WIRE)-- #ORA--Scott+Scott Attorneys at Law LLP Investigates Ormat Technologies, Inc.'s Directors and Officers for Breach of Fiduciary Duties – ORA
Ormat to Acquire Contracted Operating Geothermal Assets in Nevada and a Transmission Line Connecting Nevada With Cali...
RENO, Nev., May 24, 2021 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA) announced today that it has entered into a purchase agreement with TG Geothermal Portfolio, LLC (a subsidiary of Terra-G...
Ormat (ORA) Signs Long-Term Deal With Clean Power Alliance
Ormat Technologies (ORA) has plans to expand geothermal operation in the United States. It has recently entered into a 15-year PPA with Clean Power Alliance.
Ormat Technologies (ORA) Q1 Earnings Top, Revenues Fall Y/Y
Ormat Technologies (ORA) Q1 revenues of $166.4 million exceed the Zacks Consensus Estimate by 0.4% but decline13.4% on a year-over-year basis.