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Ormat Technologies Inc

ORA
View Detailed Chart
110.770USD
+0.460+0.42%
Close 12/19, 16:00ETQuotes delayed by 15 min
6.70BMarket Cap
50.34P/E TTM

Ormat Technologies Inc

110.770
+0.460+0.42%
Intraday
1m
30m
1h
D
W
M
D

Today

+0.42%

5 Days

-2.28%

1 Month

+3.94%

6 Months

+31.60%

Year to Date

+63.57%

1 Year

+64.06%

View Detailed Chart

Key Insights

Ormat Technologies Inc's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 7/66 in the Electric Utilities & IPPs industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 117.60.In the medium term, the stock price is expected to trend up.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.

Ormat Technologies Inc's Score

Industry at a Glance

Industry Ranking
7 / 66
Overall Ranking
86 / 4582
Industry
Electric Utilities & IPPs

Support & Resistance

Relevant data have not been disclosed by the company yet.

Score Analysis

Current score
Previous score

Analyst Rating

Based on 10 analysts
Buy
Current Rating
117.600
Target Price
+6.54%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

Ormat Technologies Inc Highlights

StrengthsRisks
Ormat Technologies, Inc. is a geothermal and vertically integrated company engaged in geothermal and recovered energy generation (REG). The Company owns, operates, designs, manufactures and sells geothermal and REG power plants primarily based on the Ormat Energy Converter, a power generation unit that converts low-, medium- and high-temperature heat into electricity. The Company has engineered, manufactured and constructed power plants, which it owns or has installed for utilities and developers worldwide, totaling approximately 3,400 megawatts (MW) of gross capacity. Its segments include Electricity Segment, Product Segment and Energy Storage Segment. Its Electricity segment develops, builds, owns and operates geothermal, solar PV and recovered energy-based power plants in the United States and geothermal power plants in other countries around the world. Product segment designs, manufactures, and sells equipment for geothermal and recovered energy-based electricity generation.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 19.82% year-on-year.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 879.65M.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 23.53%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 23.53%.
Overvalued
The company’s latest PE is 50.35, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 56.63M shares, decreasing 6.92% quarter-over-quarter.
Held by The Vanguard
Star Investor The Vanguard holds 6.02M shares of this stock.

Ormat Technologies Inc News

More news coming soon, stay tuned...

Financial Indicators

EPS

Relevant data have not been disclosed by the company yet.

Total revenue

Relevant data have not been disclosed by the company yet.

Ormat Technologies Inc Info

Ormat Technologies, Inc. is a geothermal and vertically integrated company engaged in geothermal and recovered energy generation (REG). The Company owns, operates, designs, manufactures and sells geothermal and REG power plants primarily based on the Ormat Energy Converter, a power generation unit that converts low-, medium- and high-temperature heat into electricity. The Company has engineered, manufactured and constructed power plants, which it owns or has installed for utilities and developers worldwide, totaling approximately 3,400 megawatts (MW) of gross capacity. Its segments include Electricity Segment, Product Segment and Energy Storage Segment. Its Electricity segment develops, builds, owns and operates geothermal, solar PV and recovered energy-based power plants in the United States and geothermal power plants in other countries around the world. Product segment designs, manufactures, and sells equipment for geothermal and recovered energy-based electricity generation.
Ticker SymbolORA
CompanyOrmat Technologies Inc
CEOBlachar (Doron)
Websitehttps://www.ormat.com/

FAQs

What is the current price of Ormat Technologies Inc (ORA)?

The current price of Ormat Technologies Inc (ORA) is 110.770.

What is the symbol of Ormat Technologies Inc?

The ticker symbol of Ormat Technologies Inc is ORA.

What is the 52-week high of Ormat Technologies Inc?

The 52-week high of Ormat Technologies Inc is 116.660.

What is the 52-week low of Ormat Technologies Inc?

The 52-week low of Ormat Technologies Inc is 61.580.

What is the market capitalization of Ormat Technologies Inc?

The market capitalization of Ormat Technologies Inc is 6.70B.

What is the net income of Ormat Technologies Inc?

The net income of Ormat Technologies Inc is 123.73M.

Is Ormat Technologies Inc (ORA) currently rated as Buy, Hold, or Sell?

According to analysts, Ormat Technologies Inc (ORA) has an overall rating of Buy, with a price target of 117.600.

What is the Earnings Per Share (EPS TTM) of Ormat Technologies Inc (ORA)?

The Earnings Per Share (EPS TTM) of Ormat Technologies Inc (ORA) is 2.200.
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