...
ora-img

Ormat Technologies Inc, Common Stock

ORA

NYQ

$67.5

+$0.79

(1.18%)

1D
Industry: Independent Power and Renewable Electricity Producers Sector: Utilities

Analyst Forecast

Price Chart

Key Metrics

Market Cap info-icon
This is a company’s total value as determined by the stock market. It is calculated by multiplying the total number of a company's outstanding shares by the current market price of one share.
$4.08B
P/E Ratio info-icon
This is the ratio of a security’s current share price to its earnings per share. This ratio determines the relative value of a company’s share.
32.45
Volume info-icon
This is the total number of shares traded during the most recent trading day.
277.85K
Avg Volume info-icon
This is the average number of shares traded during the most recent 30 days.
548.43K
Dividend Yield info-icon
This ratio shows how much income you earn in dividend payouts per year for every dollar invested in the stock (or the stock’s annual dividend payment expressed as a percentage of its current price).
0.73%
Beta info-icon
This measures the expected move in a stock’s price relative to movements in the overall market. The market, such as the S&P 500 Index, has a beta of 1.0. If a stock has a Beta greater (or lower) than 1.0, it suggests that the stock is more (or less) volatile than the broader market.
0.47
52-week Range info-icon
This shows the range of the stock’s price between the 52-week high (the highest price of the stock for the past 52 weeks) and the 52-week low (the lowest price of the stock for the past 52 weeks).
$58.52 L
$87.8 H
$67.5

About Ormat Technologies Inc, Common Stock

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, and internationally. It operates in 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 and recovered energy-based electricity generation; and provides services relating to the engineering, procurement, construction, operation, and maintenance of geothermal and recovered energy-based power plants. This segment serves contractors; and owners and operators of interstate natural gas pipelines, gas processing plants, and cement plants, as well as companies in other energy-intensive industrial processes. The Energy Storage segment offers battery energy storage systems and related services. Ormat Technologies, Inc. was founded in 1965 and is headquartered in Reno, Nevada. more

Industry: Independent Power and Renewable Electricity ProducersSector: Utilities

Returns

Time FrameORASectorS&P500
1-Week Return6.96%3.35%-0.64%
1-Month Return4.88%5.08%-2.75%
3-Month Return5.32%14.56%2.89%
6-Month Return3.32%12.55%17.07%
1-Year Return-18.9%3.96%25.71%
3-Year Return-5.94%12.63%26.45%
5-Year Return18.34%37.68%86.7%
10-Year Return172.59%122.03%222.9%

Financials

Dec '19Dec '20Dec '21Dec '22Dec '235YR TREND
Total Revenue746.04M705.34M663.08M734.16M829.42M[{"date":"2019-12-31","value":89.95,"profit":true},{"date":"2020-12-31","value":85.04,"profit":true},{"date":"2021-12-31","value":79.95,"profit":true},{"date":"2022-12-31","value":88.51,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
Cost of Revenue476.72M429.07M398.75M465.33M565.41M[{"date":"2019-12-31","value":84.31,"profit":true},{"date":"2020-12-31","value":75.89,"profit":true},{"date":"2021-12-31","value":70.52,"profit":true},{"date":"2022-12-31","value":82.3,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
Gross Profit269.32M276.27M264.34M268.82M264.02M[{"date":"2019-12-31","value":97.48,"profit":true},{"date":"2020-12-31","value":100,"profit":true},{"date":"2021-12-31","value":95.68,"profit":true},{"date":"2022-12-31","value":97.3,"profit":true},{"date":"2023-12-31","value":95.56,"profit":true}]
Gross Margin36.10%39.17%39.86%36.62%31.83%[{"date":"2019-12-31","value":90.56,"profit":true},{"date":"2020-12-31","value":98.25,"profit":true},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":91.85,"profit":true},{"date":"2023-12-31","value":79.85,"profit":true}]
Operating Expenses75.53M83.00M95.23M82.55M92.47M[{"date":"2019-12-31","value":79.31,"profit":true},{"date":"2020-12-31","value":87.16,"profit":true},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":86.68,"profit":true},{"date":"2023-12-31","value":97.1,"profit":true}]
Operating Income68.30M65.51M17.71M24.08M171.55M[{"date":"2019-12-31","value":39.81,"profit":true},{"date":"2020-12-31","value":38.19,"profit":true},{"date":"2021-12-31","value":10.32,"profit":true},{"date":"2022-12-31","value":14.04,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
Total Non-Operating Income/Expense(9.87M)26.97M5.31M(12.80M)(118.53M)[{"date":"2019-12-31","value":-36.59,"profit":false},{"date":"2020-12-31","value":100,"profit":true},{"date":"2021-12-31","value":19.68,"profit":true},{"date":"2022-12-31","value":-47.45,"profit":false},{"date":"2023-12-31","value":-439.52,"profit":false}]
Pre-Tax Income137.30M168.72M103.55M95.61M139.09M[{"date":"2019-12-31","value":81.38,"profit":true},{"date":"2020-12-31","value":100,"profit":true},{"date":"2021-12-31","value":61.38,"profit":true},{"date":"2022-12-31","value":56.67,"profit":true},{"date":"2023-12-31","value":82.44,"profit":true}]
Income Taxes45.61M67.00M24.85M14.74M5.98M[{"date":"2019-12-31","value":68.08,"profit":true},{"date":"2020-12-31","value":100,"profit":true},{"date":"2021-12-31","value":37.09,"profit":true},{"date":"2022-12-31","value":22,"profit":true},{"date":"2023-12-31","value":8.93,"profit":true}]
Income After Taxes91.69M101.71M78.70M80.87M133.10M[{"date":"2019-12-31","value":68.89,"profit":true},{"date":"2020-12-31","value":76.42,"profit":true},{"date":"2021-12-31","value":59.13,"profit":true},{"date":"2022-12-31","value":60.76,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
Income From Continuous Operations93.54M83.92M65.92M77.80M114.53M[{"date":"2019-12-31","value":81.67,"profit":true},{"date":"2020-12-31","value":73.27,"profit":true},{"date":"2021-12-31","value":57.56,"profit":true},{"date":"2022-12-31","value":67.92,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
Income From Discontinued Operations-----[{"date":"2019-12-31","value":"-","profit":true},{"date":"2020-12-31","value":"-","profit":true},{"date":"2021-12-31","value":"-","profit":true},{"date":"2022-12-31","value":"-","profit":true},{"date":"2023-12-31","value":"-","profit":true}]
Net Income88.09M85.46M62.09M65.84M124.40M[{"date":"2019-12-31","value":70.82,"profit":true},{"date":"2020-12-31","value":68.7,"profit":true},{"date":"2021-12-31","value":49.91,"profit":true},{"date":"2022-12-31","value":52.93,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
EPS (Diluted)1.451.681.381.632.09[{"date":"2019-12-31","value":69.38,"profit":true},{"date":"2020-12-31","value":80.38,"profit":true},{"date":"2021-12-31","value":66.03,"profit":true},{"date":"2022-12-31","value":77.99,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]

Ratios

Liquidity

These ratios help you determine the liquidity of the company. Higher is better.

ORA
Cash Ratio 0.54
Current Ratio 1.20
Quick Ratio 1.12

Asset Efficiency

These ratios help you understand the company's efficiency in using its assets to generate returns. Higher is better. For ROE, average long term is around 14%, less than 10% is poor.

ORA
ROA (LTM) 2.15%
ROE (LTM) 5.94%

Liabilities

These ratios help you understand the company's liabilities, gauging the riskiness of the investment.

ORA
Debt Ratio Lower is generally better. Negative is bad. 0.53
Common Equity/Total Assets Higher is better. Lower can suggest investment is riskier. 0.44
Debt/Equity The higher the number, the more leverage the business employs, the riskier the investment typically is. 2.25

Valuation

These ratios help you understand the company's valuation. Lower may indicate cheaper stocks.

ORA
Trailing PE 32.07
Forward PE 30.49
P/S (TTM) 4.68
P/B 1.68
Price/FCF NM
EV/R 7.00
EV/Ebitda 12.54
PEG 0.41

News

7 Alternative Energy Stocks to Buy on the Fossil Fuel Fallout

Amid escalating geopolitical flashpoints, a clear lesson is emerging for western economies, which may lead to a renaissance for alternative energy stocks . The world continues to run on hydrocarbons and that might not change in the foreseeable future. Still, potential disruptions force a discussion for backup plans. Currently, tensions in the Middle East have resulted in two nations exchanging missile attacks. For now, both sides appear to want to cool the temperature. Nevertheless, a miscalculation could send the situation spiraling out of control. Combine this matter with the military conflict in Europe and oil supply chains – particularly to western nations – could be compromised. Granted, circumstances won’t change overnight. However, the flashpoints across multiple regions in the world gave as loud of a wake-up call as possible. With that, below are alternative energy stocks to consider. NextEra Energy (NEE) Source: IgorGolovniov/Shutterstock.com One of the top players among alternative energy stocks, NextEra Energy (NYSE: NEE ) generates, transmits, distributes and sells electric power to retail and wholesale customers in North America.

22 Apr, 2024 a 5:41 pm InvestorPlace

Ormat Technologies, Inc. to Host Conference Call Announcing First Quarter 2024 Financial Results

RENO, Nev., April 09, 2024 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA), a leading renewable energy company, today announced that it plans to publish its first quarter financial results in a press release that will be issued on Wednesday, May 8, 2024, after the market closes. In conjunction with this report, the Company has scheduled a conference call to discuss the results at 10:00 a.m. ET on, May 9, 2024.

9 Apr, 2024 a 12:00 pm GlobeNewswire

Director Stanley Stern Sells Shares of Ormat Technologies Inc (ORA)

Director Stanley Stern Sells Shares of Ormat Technologies Inc (ORA)

1 Apr, 2024 a 11:01 pm GuruFocus

Hot Stocks: The 3 Best Opportunities for Investing in Renewable Energy

Renewable energy stocks may be a controversial idea for some folks. After all, the concept of green solutions sometimes conjures up images of tree-hugging activists disrupting various commercial activities. Some investors may not want to support such hooliganism. At the same time, society is changing. In particular, more people – especially the younger generations – care about eco-friendly strategies than prior generations. One study pointed out that three out of four Generation Z consumers prioritize sustainability than brand names when shopping. In other words, you might not care about going green and that’s entirely your prerogative. However, the changing world does care – and you could be profitable by supporting the trend. With that, below are renewable energy stocks to consider. Ormat (ORA) Source: riekephotos / Shutterstock.com Falling under the broad utilities segment, Ormat (NYSE: ORA ) engages in the geothermal and recovered energy power business. It features operations in the U.S., Indonesia, Kenya, Turkey, Chile, Guatemala, Guadeloupe, New Zealand, Honduras and other international regions.

21 Mar, 2024 a 8:14 pm InvestorPlace

Get Your Green With These 3 Renewable Energy Stock Picks

The bullish case for renewable energy stocks arguably comes down to one central theme: rising relevance. For years, scientists and former Vice President Al Gore have been warning Americans and the global community about climate change. Recently, the narrative has picked up steam as the data becomes all the more undeniable. So, that’s one key reason why renewable energy stocks have picked up interest – it’s good for all of us. Another factor that bolsters the bullish case for the green sector is geopolitics. We’ve seen firsthand that dependency on foreign sources of energy can leave us compromised and vulnerable. By their very nature, however, renewable energy can be sourced anywhere. That helps the planet and may even mitigate geopolitical blackmail. And while there will likely always be room for hydrocarbons, more jurisdictions are pushing for green and sustainable solutions. With that, below are three renewable energy stocks to consider. Ormat Technologies (ORA) Source: riekephotos / Shutterstock.com One of the more intriguing ideas among renewable energy stocks, Ormat Technologies (NYSE: ORA ) primarily focuses on geothermal energy.

3 Mar, 2024 a 3:25 pm InvestorPlace

FAQs

What is Ormat Technologies Inc share price today?

Ormat Technologies Inc (ORA) share price today is $67.5

Can Indians buy Ormat Technologies Inc shares?

Yes, Indians can buy shares of Ormat Technologies Inc (ORA) on Vested. To buy Ormat Technologies Inc from India, you can open a US Brokerage account on Vested today by clicking on Sign Up or Invest in ORA stock at the top of this page. The account opening process is completely digital and secure, and takes a few minutes to complete.

Can Fractional shares of Ormat Technologies Inc be purchased?

Yes, you can purchase fractional shares of Ormat Technologies Inc (ORA) via the Vested app. You can start investing in Ormat Technologies Inc (ORA) with a minimum investment of $1.

How to invest in Ormat Technologies Inc shares from India?

You can invest in shares of Ormat Technologies Inc (ORA) via Vested in three simple steps:

  • Click on Sign Up or Invest in ORA stock at the top of this page
  • Breeze through our fully digital and secure KYC process and open your US Brokerage account in a few minutes
  • Transfer USD funds to your US Brokerage account and start investing in Ormat Technologies Inc shares
What is Ormat Technologies Inc 52-week high and low stock price?

The 52-week high price of Ormat Technologies Inc (ORA) is $87.8. The 52-week low price of Ormat Technologies Inc (ORA) is $58.52.

What is Ormat Technologies Inc price-to-earnings (P/E) ratio?

The price-to-earnings (P/E) ratio of Ormat Technologies Inc (ORA) is 32.45

What is Ormat Technologies Inc price-to-book (P/B) ratio?

The price-to-book (P/B) ratio of Ormat Technologies Inc (ORA) is 1.68

What is Ormat Technologies Inc dividend yield?

The dividend yield of Ormat Technologies Inc (ORA) is 0.73%

What is the Market Cap of Ormat Technologies Inc?

The market capitalization of Ormat Technologies Inc (ORA) is $4.08B

What is Ormat Technologies Inc’s stock symbol?

The stock symbol (or ticker) of Ormat Technologies Inc is ORA

Signup to access all features and start your US investing journey!

  • Open your account in minutes
  • Take your portfolio global, starting at just $1
Get started

Add ticker to compare

Scroll to Top