Ormat Technologies, Inc. (ORA)
| Market Cap | 3.78B |
| Revenue (ttm) | 679.58M |
| Net Income (ttm) | 74.68M |
| Shares Out | 55.99M |
| EPS (ttm) | 1.40 |
| PE Ratio | 48.91 |
| Forward PE | 52.08 |
| Dividend | $0.46 |
| Dividend Yield | 0.67% |
| Trading Day | June 24 |
| Last Price | $68.67 |
| Previous Close | $67.55 |
| Change ($) | 1.12 |
| Change (%) | 1.66% |
| Day's Open | 68.37 |
| Day's Range | 67.85 - 68.73 |
| Day's Volume | 111,347 |
| 52-Week Range | 53.20 - 128.45 |
Geothermal energy will play a big role in the transition to renewable energy. Here are three companies to consider investing in.
Contract Award Signals Markets Reopening Post-Covid Contract Award Signals Markets Reopening Post-Covid
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...
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 ...
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...
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
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 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 revenues of $166.4 million exceed the Zacks Consensus Estimate by 0.4% but decline13.4% on a year-over-year basis.
First PPA With Clean Power Alliance (CPA), With Potential for Additional Agreements in the Future First PPA With Clean Power Alliance (CPA), With Potential for Additional Agreements in the Future
Ormat Technologies (ORA) delivered earnings and revenue surprises of 16.67% and 0.38%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
CONTINUE TO DELIVER REVENUE GROWTH AT BOTH ELECTRICITY AND ENERGY STORAGE SEGMENTS REITERATE 2021 ANNUAL ADJUSTED EBITDA GUIDANCEINCREASED ENERGY STORAGE PIPELINE TO 2 GW
NEP vs. ORA: Which Stock Is the Better Value Option?
Ormat Technologies (ORA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The first Earth Day was held on April 22, 1970, and was created in response to an oil spill during the previous year that dumped more than three million gallons of fuel into the Pacific Ocean and killed...
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Call Will Be Webcast Simultaneously Call Will Be Webcast Simultaneously
RENO, Nev., April 01, 2021 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc.1 (NYSE: ORA) today announced the commercial operation of the 10 MW/40 MWh Vallecito Battery Energy Storage System (Vallecito BESS)...
Ormat Technologies (ORA) reported earnings 30 days ago. What's next for the stock?
NEW YORK, March 24, 2021 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors Ormat Technologies, Inc. ("Ormat" or the "Company") (NYSE: ORA). Such investors are advised to conta...
New York, New York--(Newsfile Corp. - March 14, 2021) - Pomerantz LLP is investigating claims on behalf of investors Ormat Technologies, Inc. ("Ormat" or the "Company")(NYSE: ORA). Such investors are ad...
Los Angeles, California--(Newsfile Corp. - March 12, 2021) - The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Orma...
NEW YORK, March 12, 2021 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors Ormat Technologies, Inc. ("Ormat" or the "Company")(NYSE: ORA). Such investors are advised to conta...
Los Angeles, California--(Newsfile Corp. - March 11, 2021) - The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Orma...
Los Angeles, California--(Newsfile Corp. - March 9, 2021) - The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Ormat...
Los Angeles, California--(Newsfile Corp. - March 5, 2021) - The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Ormat ...
LOS ANGELES--(BUSINESS WIRE)---- $ORA #CLASSACTION--Glancy Prongay & Murray LLP (“GPM”), a national investor rights law firm, continues its investigation on behalf of Ormat Technologies, Inc. (“Ormat” o...
LOS ANGELES--(BUSINESS WIRE)---- $ORA #investors--The Law Offices of Frank R. Cruz Continues Its Investigation of Ormat Technologies, Inc. (ORA) on Behalf of Investors
BENSALEM, Pa.--(BUSINESS WIRE)---- $ORA #CLASSACTION--Law Offices of Howard G. Smith continues its investigation on behalf of Ormat Technologies, Inc. ("Ormat" or the "Company") (NYSE: ORA) investors co...
Los Angeles, California--(Newsfile Corp. - March 3, 2021) - The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Ormat ...
LOS ANGELES--(BUSINESS WIRE)---- $ORA #investors--The Law Offices of Frank R. Cruz Announces Investigation of Ormat Technologies, Inc. (ORA) on Behalf of Investors
LOS ANGELES--(BUSINESS WIRE)---- $ORA #CLASSACTION--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf ...
LOS ANGELES--(BUSINESS WIRE)---- $ORA #ORA--INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Ormat Technologies, Inc.
BENSALEM, Pa.--(BUSINESS WIRE)---- $ORA #CLASSACTION--Law Offices of Howard G. Smith announces an investigation on behalf of Ormat Technologies, Inc. (“Ormat” or the “Company”) (NYSE: ORA) investors con...
Ormat Technologies' (ORA) top line drops 6.8% year over year in the fourth quarter due to lower revenues from its Product segment.
Comments in Short Seller Report are Inaccurate, False and Misleading Comments in Short Seller Report are Inaccurate, False and Misleading
LOS ANGELES--(BUSINESS WIRE)---- $ORA #ORA--INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Ormat Technologies, Inc.
Boston, Massachusetts--(Newsfile Corp. - March 1, 2021) - Block & Leviton LLP (www.blockleviton.com), a national securities litigation firm, announces that it is investigating Ormat Technologies, Inc. (...
Shares of Ormat Technologies (NYSE:ORA) moved higher in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share were up 62.50% over the past year to $0.39, which...
NET INCOME ATTRIBUTABLE TO THE COMPANY'S STOCKHOLDERS FOR THE FOURTH QUARTER INCREASED 64.2% YEAR OVER YEAR
EQNR vs. ORA: Which Stock Is the Better Value Option?
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Ormat Technologies (ORA) has moved higher as of late, but there could definitely be trouble on the horizon for this company.
This Acquisition Reinforces the Company's 2022 Growth Target This Acquisition Reinforces the Company's 2022 Growth Target
RENO, Nevada, Dec. 02, 2020 (GLOBE NEWSWIRE) -- UNITED STATES DISTRICT COURT
Expands Previously-Announced Public Offering By 15% Expands Previously-Announced Public Offering By 15%
RENO, Nev., Nov. 18, 2020 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA) (“Ormat” or the “Company”), a leading vertically integrated company that is primarily engaged in the geothermal and rec...
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... [Read more...]
| Industry Utilities-Renewable | IPO Date Nov 11, 2004 |
| CEO Doron Blachar | Employees 1,402 |
| Stock Exchange NYSE | Ticker Symbol ORA |
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%.
Analyst Forecasts
According to 7 analysts, the average rating for ORA stock is "Hold." The 12-month stock price forecast is 84.00, which is an increase of 22.32% from the latest price.