Ormat Technologies, Inc. (ORA)
| Market Cap | 5.15B |
| Revenue (ttm) | 885.25M |
| Net Income (ttm) | 125.51M |
| Shares Out | 60.66M |
| EPS (ttm) | 2.06 |
| PE Ratio | 41.23 |
| Forward PE | 39.99 |
| Dividend | $0.48 (0.57%) |
| Ex-Dividend Date | May 21, 2025 |
| Volume | 1,108,558 |
| Open | 81.36 |
| Previous Close | 80.12 |
| Day's Range | 80.82 - 85.44 |
| 52-Week Range | 61.58 - 85.44 |
| Beta | 0.61 |
| Analysts | Buy |
| Price Target | 84.43 (-0.62%) |
| Earnings Date | Aug 5, 2025 |
About ORA
Ormat Technologies, Inc. engages in the geothermal and recovered energy power business in the United States, Indonesia, Kenya, Turkey, Chile, Guatemala, Guadeloupe, New Zealand, Honduras, France, Indonesia, the Philippines, 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 geo... [Read more]
Financial Performance
In 2024, Ormat Technologies's revenue was $879.65 million, an increase of 6.06% compared to the previous year's $829.42 million. Earnings were $123.73 million, a decrease of -0.54%.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for ORA stock is "Buy." The 12-month stock price forecast is $84.43, which is a decrease of -0.62% from the latest price.
News
Ormat Technologies Climb After $88M Power Plant Acquisition
Ormat Technologies shares climbed on Wednesday after the geothermal and renewable energy company completed the acquisition of a power plant in Nevada for $88 million.
Ormat Announces the Completion of Its Acquisition of the Blue Mountain Geothermal Power Plant From Cyrq Energy
RENO, Nev., June 18, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA), (the “Company” or “Ormat”), a leading geothermal and renewable energy company, announced today that it has closed it...
Questcorp Mining Forms Advisory Board and Appoints Paul Larkin as Inaugural Advisor
Vancouver, British Columbia--(Newsfile Corp. - June 11, 2025) - Questcorp Mining Inc. (CSE: QQQ) (OTCBB: QQCMF) (FSE: D910) ("Questcorp" or the "Company"), an emerging copper and gold exploration comp...
Ormat Technologies Announces Strategic Leadership Changes
RENO, Nev., June 05, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA) (the “Company” or “Ormat”), a leading geothermal and renewable energy company, is pleased to announce the appointment...
Ormat Technologies Announces $62 Million Hybrid Tax Equity Partnership for Two Energy Storage Facilities
RENO, Nev., May 27, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA) (the “Company” or “Ormat”), a leading geothermal and renewable energy company, today announced the signing of a $62 mi...
Ormat Technologies: The Pure-Play Geothermal Company Is Having Its Moment
Geothermal power, exemplified by Ormat Technologies, offers a promising niche market with a long runway for growth due to increasing renewable energy demand. Ormat's vertically integrated business inc...
Ormat Technologies: A Promising Story Stock That's Not Quite There Yet
Ormat Technologies: A Promising Story Stock That's Not Quite There Yet
Ormat Technologies, Inc. (ORA) Q1 2025 Earnings Call Transcript
Ormat Technologies, Inc. (NYSE:ORA) Q1 2025 Earnings Call May 8, 2025 9:00 AM ET Company Participants Josh Carroll - Investor Relations Doron Blachar - Chief Executive Officer Assi Ginzburg - Chief F...
Cyrq Energy Completes Sale of Blue Mountain as Part of Its 5-Year Strategic Plan
SALT LAKE CITY--(BUSINESS WIRE)--Cyrq Energy, LLC (Cyrq) is pleased to announce an agreement to sell its Blue Mountain geothermal power facility in Nevada for $88 million to a subsidiary of Ormat Tech...
Ormat Technologies Reports First Quarter 2025 Financial Results
REVENUE GROWTH AND RECORD QUARTERLY ADJUSTED EBITDA SUPPORT ONGOING STRATEGIC PORTFOLIO EXPANSION
Ormat Technologies, Inc. to Host Conference Call Announcing First Quarter 2025 Financial Results
RENO, Nev., April 09, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA) (the “Company” or “Ormat”), a leading geothermal and renewable energy company, today announced that it plans to publi...
Ormat Technologies, Inc. (ORA) Q4 2024 Earnings Call Transcript
Ormat Technologies, Inc. (NYSE:ORA) Q4 2024 Earnings Conference Call February 27, 2025 11:00 AM ET Company Participants Josh Carroll - Alpha IR Doron Blachar - Chief Executive Officer Assi Ginzburg -...
Ormat Technologies Reports Fourth Quarter and Year-End 2024 Financial Results
STRATEGIC PORTFOLIO EXPANSION SUPPORTS CONTINUED REVENUE AND ADJUSTED EBITDA GROWTH STRONG FULL-YEAR RESULTS REINFORCES ORMAT'S MOMENTUM, REMAINING ON PACE TO ACHIEVE GENERATING CAPACITY GOALS OF 2.6 ...
Ormat Technologies Awarded Tolling Agreements for Two Energy Storage Facilities in Israel
New Tolling Agreements Advance Ormat's Strategic Transition Towards a More Stable, Profitable Portfolio New Tolling Agreements Advance Ormat's Strategic Transition Towards a More Stable, Profitable Po...
Ormat Commences Commercial Operation of 35 MW Ijen Geothermal Facility in Indonesia, Delivering Low Carbon Geothermal Power
RENO, Nev., Feb. 10, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA), a leading geothermal and renewable energy company, today announced the successful commencement of commercial operatio...
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Ormat Technologies Signs 10-Year PPA With Calpine Energy Solutions for Up to 15MW of Carbon-Free Geothermal Capacity
New Geothermal PPA Advances Ormat's Portfolio Expansion Strategy and Long-Term Revenue and EBITDA Generation New Geothermal PPA Advances Ormat's Portfolio Expansion Strategy and Long-Term Revenue and ...
CORRECTION -- Ormat Technologies Inc.
RENO, Nev., Dec. 30, 2024 (GLOBE NEWSWIRE) -- In a release issued earlier today by Ormat Technologies Inc. (NYSE: ORA), please note the original headline read "20MW/120MWH" when it should have read "2...
Ormat Technologies ($ORA) Commences Operation of 20MW/120MWh Montague Energy Storage Facility
Ormat Technologies (NYSE: ORA), has announced the successful launch of commercial operations at its Montague energy storage facility. This 20MW/20MWh Battery Energy Storage System, located in New Jers...
Ormat Commences Commercial Operation of Montague Energy Storage Facility, Delivering 20MW/120MWh of Energy Storage Capacity to the PJM Market
RENO, Nev., Dec. 30, 2024 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA) (“Ormat” or the “Company”), a leading geothermal and renewable energy technology company, announced today the successf...
Ormat Technologies Inc. Secures Strategic Land Parcels in Utah BLM Auction to Advance Future Geothermal Development
RENO, Nev., Dec. 23, 2024 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA), a leading geothermal and renewable energy company, today announced it has successfully secured 1,678 acres in Utah's ...
2 Ideal Buys From 50 'Safer' Dividends In 100 December Sustainables
Calvert Research and Management ranked the 1,000 largest publicly traded companies by ESG performance, identifying the top 100 sustainable companies for 2024. Among 78 dividend paying sustainable comp...
Ormat Announces Pricing of Public Offering of Common Stock on Behalf of Stockholder Orix Corporation
RENO, Nev., Dec. 11, 2024 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA) (“Ormat” or the “Company”), a leading geothermal and renewable energy technology company, announced today the pricing...
Ormat Announces Public Offering of Common Stock on Behalf of Stockholder ORIX Corporation
RENO, Nev., Dec. 11, 2024 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA) (“Ormat” or the “Company”), a leading geothermal and renewable energy technology company, announced today the commenc...
100 November Sustainable Dividend Dogs: 50 'Safer' And 2 Ideal Buys
Calvert Research and Management ranked the 100 most sustainable companies based on over 230 ESG indicators, including workplace diversity and greenhouse-gas emissions. Eight of 78 dividend-paying sust...