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Ormat Technologies (ORA)
:ORA
ORA Stock Chart & Stats
Day’s Range― - ―
52-Week Range$59.41 - $84.30
Previous CloseN/A
Volume103.07K
Average Volume (3M)521.03K
Market Cap
$3.96B
Enterprise Value$7.06B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)33.5
Beta0.96
Next Earnings
Feb 26, 2025EPS Estimate
0.51Last Dividend Ex-Date
Nov 20, 2024Dividend Yield0.73%
Share Statistics
EPS (TTM)1.96
Shares Outstanding60,476,524
10 Day Avg. Volume420,126
30 Day Avg. Volume521,029
Standard Deviation0.10
R-Squared0.09
Alpha-0.00510
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)4.45
Price to Cash Flow (P/CF)9.30
P/FCF Ratio37.30
Enterprise Value/Market Cap1.78
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit26.73
Enterprise Value/Ebitda14.69
Forecast
1Y Price Target
$79.50Price Target Upside20.40% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering4
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Ormat Techno News
PremiumCompany Announcements
Ormat Technologies Secures Asset Acquisition for Future Growth
PremiumCompany Announcements
Ormat Secures Major Energy Storage Agreements in IsraelPremiumCompany Announcements
Ormat Technologies Announces New Operational Development---
Bulls Say, Bears Say
Bulls Say
Financial PerformanceThe company reported increased EBITDA and strong project performance, particularly at Puna and Olkaria.
Market Position And GrowthOrmat is among few players with meaningful exposure to energy storage at scale, yielding contracted returns of 11-15%.
Regulatory And ComplianceThe SEC's closure of its investigation boosts compliance confidence without any enforcement action.
Bears Say
Execution RisksThe biggest obstacle here is execution, given ORA's track record of revising down and missing past storage expansion targets.
Market ChallengesRoadblocks to ramping quickly on new geothermal capacity keep ORA from fully cashing in on elevated power prices.
Regulatory UncertaintyPotential revisions to the IRA introduce uncertainty about long-term fiscal incentives for renewable energy.
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Ownership Overview
5.15% Insiders
15.55% Mutual Funds
28.01% Other Institutional Investors
18.22% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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ORA FAQ
What was Ormat Technologies’s price range in the past 12 months?
Ormat Technologies lowest stock price was $59.41 and its highest was $84.30 in the past 12 months.
What is Ormat Technologies’s market cap?
Ormat Technologies’s market cap is $3.96B.
When is Ormat Technologies’s upcoming earnings report date?
Ormat Technologies’s upcoming earnings report date is Feb 26, 2025 which is in 5 days.
How were Ormat Technologies’s earnings last quarter?
Ormat Technologies released its earnings results on Nov 06, 2024. The company reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.311 by $0.049.
Is Ormat Technologies overvalued?
According to Wall Street analysts Ormat Technologies’s price is currently Undervalued.
Does Ormat Technologies pay dividends?
Ormat Technologies pays a Quarterly dividend of $0.476 which represents an annual dividend yield of 0.73%. See more information on Ormat Technologies dividends here
What is Ormat Technologies’s EPS estimate?
Ormat Technologies’s EPS estimate is 0.51.
How many shares outstanding does Ormat Technologies have?
Ormat Technologies has 60,476,524 shares outstanding.
What happened to Ormat Technologies’s price movement after its last earnings report?
Ormat Technologies reported an EPS of $0.36 in its last earnings report, beating expectations of $0.311. Following the earnings report the stock price went up 1.369%.
Which hedge fund is a major shareholder of Ormat Technologies?
Currently, no hedge funds are holding shares in ORA
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Ormat Techno Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$79.50 (20.40% Upside)
$79.50 (20.40% Upside)
Blogger Sentiment
Neutral
ORA Sentiment 50%
Sector Average 69%
Sector Average 69%
Insider Transactions
Sold Shares
Worth $279.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 1.5%
Last 30 Days ▲ 1.1%
Last 30 Days ▲ 1.1%
News Sentiment
Very Bullish
Bullish news 99%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-0.96%
12-Months-Change
Fundamentals
Return on Equity
5.08%
Trailing 12-Months
Asset Growth
11.57%
Trailing 12-Months
Company Description
Ormat Technologies
Ormat Technologies, Inc. is a holding company, which engages in the provision of geothermal and recovered energy power business. It operates through the following segments: Electricity, Products, and Other. The Electricity segment develops, builds, owns, and operates geothermal and recovered energy-based power plants in the United States, and geothermal power plants in other countries. The Product segment designs, manufactures, and sells equipment for geothermal and recovered energy-based electricity generation and remote power units, and provide services relating to the engineering, procurement, construction, operation and maintenance of geothermal and recovered energy-based power plants. The Other Segment segment offers energy storage, demand response and energy management related services energy storage, demand response, and energy management related services. The company was founded in 1965 and is headquartered in Reno, NV.
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ORA Company Deck
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ORA Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call highlighted significant progress in EBITDA growth and energy storage developments, along with the positive resolution of the SEC investigation. However, challenges such as the decline in net income and issues at the Dixie Valley facility were notable concerns.Read More>---
ORA Stock 12 Month Forecast
Average Price Target
$79.50
▲(20.40% Upside)
Technical Analysis
Best Analysts Covering ORA
1 Year
1 Year Success Rate
9/23 ratings generated profit
1 Year Average Return
-1.62%
reiterated a buy rating last month
Copying Noah Kaye's trades and holding each position for 1 Year would result in 39.13% of your transactions generating a profit, with an average return of -1.62% per trade.
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