ORA - Ormat Technologies Inc Stock Price, Fair Value and News

72.49USD+0.01 (+0.01%)Delayed

Market Summary

USD72.49+0.01

Delayed

0.01%

ORA Stock Price

View Fullscreen

ORA RSI Chart

ORA Valuation

Market Cap

4.4B

Price/Earnings (Trailing)

32.7

Price/Sales (Trailing)

5.04

EV/EBITDA

8.77

Price/Free Cashflow

-17.75

ORA Price/Sales (Trailing)

ORA Profitability

EBT Margin

15.71%

Return on Equity

5.41%

Return on Assets

2.43%

Free Cashflow Yield

-5.63%

ORA Fundamentals

ORA Revenue

Revenue (TTM)

868.4M

Rev. Growth (Yr)

21.02%

Rev. Growth (Qtr)

-7.12%

ORA Earnings

Earnings (TTM)

134.0M

Earnings Growth (Yr)

32.93%

Earnings Growth (Qtr)

8.01%

Breaking Down ORA Revenue

Last 7 days

3.1%

Last 30 days

16.7%

Last 90 days

Trailing 12 Months

-13.8%

How does ORA drawdown profile look like?

ORA Financial Health

Current Ratio

1.12

ORA Investor Care

Dividend Yield

0.66%

Dividend/Share (TTM)

0.48

Shares Dilution (1Y)

1.20%

Diluted EPS (TTM)

2.22

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	868.4M	0	0	0
2023	735.7M	761.4M	793.6M	829.4M
2022	680.4M	702.6M	719.7M	734.2M
2021	679.6M	651.6M	651.5M	663.1M
2020	739.1M	730.0M	718.4M	705.3M
2019	734.3M	740.0M	744.1M	746.0M
2018	686.9M	685.9M	695.2M	719.3M
2017	700.9M	720.4M	693.0M	692.8M
2016	626.0M	645.4M	667.1M	662.6M
2015	537.3M	550.2M	572.8M	594.6M
2014	556.8M	531.7M	541.2M	559.5M
2013	494.0M	520.0M	518.4M	533.2M
2012	471.5M	493.6M	515.1M	507.4M
2011	388.4M	396.7M	406.1M	437.0M
2010	395.4M	392.1M	374.6M	373.2M
2009	0	366.6M	389.3M	412.0M
2008	0	0	0	343.9M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Ormat Technologies Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 09, 2024	granot david	acquired	-	-	1,447	-
May 09, 2024	wong byron g.	acquired	-	-	1,447	-
May 09, 2024	corfee karin	acquired	-	-	1,447	-
May 09, 2024	angel isaac	acquired	-	-	2,170	-
May 09, 2024	sharir dafna	acquired	-	-	1,447	-
May 09, 2024	stern stanley	acquired	-	-	1,447	-
May 09, 2024	marom michal	acquired	-	-	1,447	-
Mar 28, 2024	stern stanley	sold	-122,184	66.95	-1,825	-
Mar 21, 2024	blachar doron	acquired	-	-	2,252	chief executive officer
Mar 21, 2024	woelfel jessica	acquired	-	-	563	gc, cco, and cs

Which funds bought or sold ORA recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	JANE STREET GROUP, LLC	reduced	-0.29	-1,422,840	9,592,810	-%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-4.99	-737,108	3,592,930	-%
May 16, 2024	HANCOCK WHITNEY CORP	reduced	-7.75	-49,623	205,718	0.01%
May 16, 2024	Tidal Investments LLC	added	433	783,631	997,814	0.02%
May 16, 2024	JANE STREET GROUP, LLC	new	-	315,939	315,939	-%
May 16, 2024	COMERICA BANK	reduced	-2.66	-258,454	1,465,890	0.01%
May 15, 2024	Voya Investment Management LLC	added	30.35	819,299	6,740,390	0.01%
May 15, 2024	D. E. Shaw & Co., Inc.	reduced	-10.3	-997,093	3,606,160	-%
May 15, 2024	GOLDMAN SACHS GROUP INC	added	6.54	-2,549,470	34,114,900	0.01%
May 15, 2024	Laird Norton Wetherby Wealth Management, LLC	added	35.06	99,160	651,442	0.03%

Are Funds Buying or Selling ORA?

Are funds buying ORA calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own ORA

No. of Funds

Unveiling Ormat Technologies Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 07, 2024	blackrock inc.	14.7%	8,847,797	SC 13G/A
Feb 13, 2024	vanguard group inc	8.82%	5,324,598	SC 13G/A
Jan 31, 2024	migdal insurance & financial holdings ltd.	6.36%	3,566,159	SC 13G
Jan 29, 2024	blackrock inc.	6.9%	9,426,911	SC 13G/A
Dec 06, 2023	blackrock inc.	6.7%	9,271,477	SC 13G/A
Feb 13, 2023	clal insurance enterprises holdings ltd	4.8%	2,668,191	SC 13G/A
Feb 09, 2023	vanguard group inc	8.61%	4,826,487	SC 13G/A
Jan 27, 2023	blackrock inc.	14.1%	7,934,264	SC 13G/A
Jan 26, 2023	migdal insurance & financial holdings ltd.	6.91%	3,873,929	SC 13G
Jan 23, 2023	blackrock inc.	14.2%	7,983,559	SC 13G/A

Recent SEC filings of Ormat Technologies Inc

View All Filings

Date Filed	Form Type	Document
May 14, 2024	4	Insider Trading
May 14, 2024	4	Insider Trading
May 10, 2024	4	Insider Trading
May 10, 2024	S-8	Employee Benefits Plan
May 10, 2024	4	Insider Trading
May 10, 2024	4	Insider Trading
May 10, 2024	4	Insider Trading
May 10, 2024	4	Insider Trading
May 10, 2024	4	Insider Trading
May 10, 2024	4	Insider Trading

Peers (Alternatives to Ormat Technologies Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CPK	2.5T	698.2M	12.47%	-9.52%	26.0K	3.6K	3.29%	8.78%
AEP	48.9B	19.3B	14.08%	6.97%	17.34	2.53	-2.13%	41.75%
AWK	26.1B	4.3B	15.91%	-5.62%	27.17	6.05	10.78%	15.26%
AEE	19.9B	7.3B	3.93%	-10.32%	17.28	2.75	-10.88%	5.77%
ATO	17.9B	4.1B	3.59%	2.86%	17.91	4.41	-11.13%	20.48%
NRG	17.2B	28.5B	12.08%	145.94%	10.44	0.6	-9.05%	188.86%
AES	15.1B	12.5B	31.78%	2.75%	-2.3K	1.21	-3.77%	98.49%
AGR	13.9B	8.3B	-0.61%	-7.27%	15.54	1.68	0.05%	30.98%
MID-CAP
PNW	8.9B	4.7B	9.02%	0.32%	16.53	1.89	4.84%	12.15%
ALE	3.6B	1.7B	8.54%	2.16%	15.12	2.11	-1.93%	32.23%
AVA	3.0B	1.9B	13.79%	-9.74%	15.98	1.6	9.47%	35.66%
SMALL-CAP
CWCO	449.2M	187.0M	18.84%	49.37%	13.94	2.4	74.12%	297.37%
CDZI	211.5M	3.0M	45.12%	-34.59%	-7.66	71.39	94.10%	6.65%
VIA	35.4M	415.8M	1.48%	-12.04%	1.49	0.09	-11.16%	525.10%
CREG	8.7M	867.4K	-11.11%	-35.00%	-9.31	9.96	-88.45%	77.17%

Ormat Technologies Inc News

Latest updates

Ormat Technologies Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-7.1%	224	241	208	195	185	205	176	169	184	191	159	147	166	179	159	175	192	192	170	184	199
Gross Profit	0.5%	79.00	78.00	60.00	49.00	76.00	80.00	61.00	58.00	70.00	76.00	63.00	52.00	74.00	75.00	54.00	65.00	82.00	75.00	55.00	65.00	74.00
S&GA Expenses	19.0%	5.00	4.00	5.00	5.00	4.00	4.00	4.00	4.00	4.00	4.00	3.00	4.00	4.00	4.00	4.00	5.00	5.00	4.00	4.00	3.00	4.00
R&D Expenses	-36.2%	2.00	2.00	1.00	2.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	2.00	2.00	1.00	1.00	1.00
EBITDA Margin	-1.6%	0.55*	0.56*	0.52*	0.53*	0.54*	0.52*	0.57*	0.57*	0.57*	0.56*	0.55*	0.57*	-	-	-	-	-	-	-	-	-
Interest Expenses	20.0%	31.00	26.00	25.00	24.00	24.00	24.00	22.00	20.00	21.00	23.00	22.00	19.00	19.00	19.00	22.00	20.00	17.00	18.00	20.00	22.00	21.00
Income Taxes	-101.8%	-0.15	8.00	-7.13	-3.96	9.00	-8.78	7.00	6.00	10.00	16.00	2.00	4.00	3.00	22.00	15.00	12.00	18.00	25.00	10.00	-3.53	14.00
Earnings Before Taxes	-19.4%	39.00	49.00	30.00	19.00	42.00	13.00	28.00	23.00	32.00	42.00	22.00	19.00	20.00	45.00	40.00	35.00	49.00	41.00	24.00	31.00	41.00
EBT Margin	-6.3%	0.16*	0.17*	0.13*	0.13*	0.14*	0.13*	0.17*	0.17*	0.17*	0.16*	0.16*	0.19*	-	-	-	-	-	-	-	-	-
Net Income	8.0%	39.00	36.00	35.00	24.00	29.00	18.00	18.00	11.00	18.00	19.00	15.00	13.00	15.00	21.00	16.00	23.00	26.00	13.00	16.00	34.00	26.00
Net Income Margin	2.9%	0.15*	0.15*	0.13*	0.12*	0.10*	0.09*	0.09*	0.09*	0.10*	0.09*	0.10*	0.10*	-	-	-	-	-	-	-	-	-
Free Cashflow	138.8%	12.00	-30.45	-142	-85.79	-50.42	-80.37	-53.98	-92.68	-55.47	-16.82	-34.59	-90.07	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	5.9%	5,517	5,208	5,011	5,011	5,015	4,612	4,525	4,542	4,414	4,426	4,359	3,819	3,859	3,889	3,521	3,418	3,446	3,250	3,259	3,194	3,143
Current Assets	-5.7%	609	646	516	686	811	457	475	586	508	602	635	588	725	779	533	517	584	416	432	412	422
Cash Equivalents	2.9%	202	196	78.00	275	415	96.00	155	263	130	239	268	250	377	448	197	174	231	71.00	98.00	111	79.00
Inventory	19.6%	54.00	45.00	45.00	38.00	45.00	23.00	30.00	32.00	33.00	28.00	27.00	29.00	38.00	35.00	34.00	39.00	34.00	35.00	39.00	39.00	43.00
Net PPE	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,963	1,963
Goodwill	66.9%	151	91.00	90.00	90.00	90.00	90.00	90.00	90.00	91.00	90.00	91.00	66.00	24.00	25.00	24.00	20.00	20.00	20.00	20.00	20.00	20.00
Liabilities	9.9%	3,030	2,757	2,596	2,594	2,669	2,581	2,524	2,554	2,390	2,418	2,377	1,849	1,900	1,938	1,940	1,852	1,903	1,726	1,746	1,693	1,672
Current Liabilities	1.7%	546	537	540	383	391	344	372	353	584	544	534	246	254	249	236	405	567	376	353	277	268
Short Term Borrowings	-100.0%	-	20.00	35.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	53.00	61.00
Shareholder's Equity	7.0%	2,477	2,315	2,279	2,407	2,337	1,868	1,992	1,979	2,015	1,998	1,972	1,960	1,950	1,941	1,575	1,557	1,534	1,515	1,505	1,492	1,463
Retained Earnings	4.4%	751	720	691	663	646	624	613	601	597	585	573	565	559	550	535	525	508	488	481	471	443
Additional Paid-In Capital	0.3%	1,620	1,615	1,611	1,609	1,560	1,259	1,256	1,253	1,275	1,272	1,270	1,267	1,265	1,262	920	917	915	913	911	906	904
Shares Outstanding	0.1%	60.00	60.00	60.00	60.00	60.00	56.00	56.00	56.00	56.00	56.00	56.00	56.00	-	-	-	-	-	-	-	-	-
Minority Interest	-0.9%	124	126	126	153	152	153	146	147	144	143	139	135	133	135	132	128	125	123	124	122	123
Float	-	-	-	-	4,311	-	-	-	3,522	-	-	-	3,127	-	-	-	2,545	-	-	-	2,528	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-17.2%	115,209	139,145	39,751	74,049	56,456	74,727	90,957	33,514	81,776	114,031	45,947	29,920	68,924	26,115	84,536	74,598	79,756	35,041	45,373	78,642	77,437
Share Based Compensation	12.4%	4,769	4,243	3,934	4,311	2,990	3,017	2,816	2,999	2,814	2,328	2,120	2,623	2,097	2,770	2,807	2,264	1,989	2,127	2,228	2,643	2,360
Cashflow From Investing	-122.0%	-377,834	-170,177	-183,224	-163,765	-111,177	-153,829	-144,541	-85,704	-139,332	-128,248	-255,433	-137,038	-117,474	-92,999	-133,943	-78,207	-80,820	-61,527	-78,843	-63,224	-50,944
Cashflow From Financing	106.9%	273,944	132,396	-65,519	-37,294	350,381	52,673	-49,410	167,731	-44,721	1,373	235,988	-28,169	-22,807	313,486	88,570	-66,673	168,095	-1,118	32,979	-6,587	-31,039
Dividend Payments	-100.0%	-	7,223	7,228	7,229	6,732	6,966	6,719	6,731	6,727	7,104	6,716	6,448	6,718	5,579	5,559	5,719	5,614	5,612	5,606	5,589	5,579
Buy Backs	-	-	-	-	-	-	-	-	18,000	-	-	-	-	-	-	-	-	-	-	-	-	-

Get Full Access to Grufity – and Unlimited Downloads

Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.

Try For Just $1.99

ORA Income Statement

2024-03-31

Condensed Consolidated Statements of Operations and Comprehensive Income (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues:
Revenue	$ 224,166	$ 185,232
Cost of revenues:
Cost of revenues	145,356	109,163
Gross profit	78,810	76,069
Operating expenses:
Research and development expenses	1,564	1,288
Selling and marketing expenses	5,126	3,948
General and administrative expenses	19,537	17,667
Operating income	52,583	53,166
Other income (expense):
Interest income	1,839	1,851
Interest expense, net	(30,968)	(23,631)
Derivatives and foreign currency transaction gains (losses)	(1,582)	(1,937)
Income attributable to sale of tax benefits	17,476	12,566
Other non-operating income, net	26	60
Income from operations before income tax and equity in earnings of investees	39,374	42,075
Income tax (provision) benefit	147	(8,885)
Equity in earnings of investees	829	271
Net income	40,350	33,461
Net income attributable to noncontrolling interest	(1,763)	(4,432)
Net income attributable to the Company's stockholders	38,587	29,029
Comprehensive income:
Net income	40,350	33,461
Other comprehensive income (loss), net of related taxes:
Change in foreign currency translation adjustments	(2,163)	(696)
Change in unrealized gains or losses in respect of the Company's share in derivatives instruments of an unconsolidated investment that qualifies as a cash flow hedge	510	(1,014)
Other changes in comprehensive income	53	14
Total other comprehensive income (loss), net of related taxes:	27	(7,099)
Comprehensive income	40,377	26,362
Comprehensive income attributable to noncontrolling interest	(1,301)	(4,042)
Comprehensive income attributable to the Company's stockholders	$ 39,076	$ 22,320
Earnings per share attributable to the Company's stockholders:
Basic: (in dollars per share)	$ 0.64	$ 0.51
Diluted: (in dollars per share)	$ 0.64	$ 0.51
Weighted average number of shares used in computation of earnings per share attributable to the Company's stockholders:
Basic (in shares)	60,386	56,710
Diluted (in shares)	60,536	57,104
Cross Currency Swap [Member]
Other comprehensive income (loss), net of related taxes:
Change in unrealized gains or lossesderivative instrument that qualifies as a cash flow hedge	$ 561	$ (5,403)
Interest Rate Swap [Member]
Other comprehensive income (loss), net of related taxes:
Change in unrealized gains or lossesderivative instrument that qualifies as a cash flow hedge	1,066	0
Electricity [Member]
Revenues:
Revenue	191,253	170,310
Cost of revenues:
Cost of revenues	116,730	94,758
Product [Member]
Revenues:
Revenue	24,832	10,042
Cost of revenues:
Cost of revenues	21,154	9,351
Energy Storage and Management Services [Member]
Revenues:
Revenue	8,081	4,880
Cost of revenues:
Cost of revenues	$ 7,472	$ 5,054

ORA Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands

Mar. 31, 2024

Dec. 31, 2023

Current assets:

Cash and cash equivalents

$ 201,506

$ 195,808

Restricted cash and cash equivalents (primarily related to VIEs)

97,455

91,962

Receivables:

Trade less allowance for credit losses of $163 and $90 respectively (primarily related to VIEs)

154,557

208,704

Other

33,916

44,530

Inventories

53,874

45,037

Costs and estimated earnings in excess of billings on uncompleted contracts

^[1]

23,616

18,367

Prepaid expenses and other

44,311

41,595

Total current assets

609,235

646,003

Investment in unconsolidated companies

127,386

125,439

Deposits and other

43,832

44,631

Deferred income taxes

173,627

152,570

Property, plant and equipment, net ($3,010,086 and $2,802,920 related to VIEs, respectively)

3,220,246

2,998,949

Construction-in-process

837,205

814,967

Operating leases right of use

27,318

24,057

Finance leases right of use

3,216

3,510

Intangible assets, net

323,657

307,609

Goodwill

151,122

90,544

Total assets

5,516,844

^[2],[3]

5,208,279

Current liabilities:

Accounts payable and accrued expenses

197,035

214,518

Commercial paper (less deferred financing costs of $28 and $29, respectively)

99,972

99,971

Billings in excess of costs and estimated earnings on uncompleted contracts

21,376

18,669

Current portion of long-term debt:

Limited and non-recourse (primarily related to VIEs)

68,211

57,207

Full recourse

150,835

116,864

Financing liability

3,620

5,141

Operating lease liabilities

3,914

3,329

Finance lease liabilities

1,291

1,313

Total current liabilities

546,254

537,012

Long-term debt, net of current portion:

Financing liability

219,682

220,619

Operating lease liabilities

22,273

19,790

Finance lease liabilities

1,979

2,238

Liability associated with sale of tax benefits

175,586

184,612

Deferred income taxes

74,967

66,748

Liability for unrecognized tax benefits

9,255

8,673

Liabilities for severance pay

10,703

11,844

Asset retirement obligation

123,087

114,370

Other long-term liabilities

28,954

22,107

Total liabilities

3,030,213

2,756,693

Commitments and contingencies (Note 9)

Redeemable noncontrolling interest

10,112

10,599

Equity:

Common stock, par value $0.001 per share; 200,000,000 shares authorized; 60,421,682 and 60,358,887 issued and outstanding as of March 31, 2024 and December 31, 2022, respectively

Additional paid-in capital

1,619,593

1,614,769

Treasury stock, at cost (258,667 shares held as of March 31, 2024 and December 31, 2023, respectively)

(17,964)

Retained earnings

751,238

719,894

Accumulated other comprehensive income (loss)

(843)

(1,332)

Total stockholders' equity attributable to Company's stockholders

2,352,084

2,315,427

Noncontrolling interest

124,435

125,560

Total equity

2,476,519

2,440,987

Total liabilities, redeemable noncontrolling interest and equity

5,516,844

5,208,279

Senior Secured Notes [Member]

Long-term debt, net of current portion:

Limited and non-recourse (primarily related to VIEs and less deferred financing costs of $9,128 and $7,889, respectively)

557,946

447,389

Senior Unsecured Bonds [Member]

Long-term debt, net of current portion:

Full recourse (less deferred financing costs of $4,877 and $3,056, respectively)

835,841

698,187

Convertible Senior Notes [Member]

Long-term debt, net of current portion:

Convertible senior notes (less deferred financing costs of $7,564 and $8,146, respectively)

423,686

423,104

Revolving Credit Facility [Member]

Current liabilities:

Short term revolving credit lines with banks (full recourse)

$ 0

$ 20,000

[1]	Contract assets and contract liabilities are presented as "Costs and estimated earnings in excess of billings on uncompleted contracts" and "Billings in excess of costs and estimated earnings on uncompleted contracts", respectively, on the condensed consolidated balance sheets. The contract liabilities balance at the beginning of the year was not yet fully recognized as product revenues during the three months ended March 31, 2023 as a result of performance obligations having not been fully satisfied yet.
[2]	Electricity segment assets include goodwill in the amount of $146.5 million and $85.8 million as of March 31, 2024 and 2023, respectively. Energy Storage segment assets include goodwill in the amount of $4.6 million and $4.6 million as of March 31, 2024 and 2023, respectively. No goodwill is included in the Product segment assets as of March 31, 2024 and 2023.
[3]	Intersegment revenues are fully eliminated in consolidation.

About Ormat Technologies Inc

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. 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 geothermal, 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. The Product segment serves contractors; developers, owners, and operators of geothermal power plants; 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 energy storage and related services, as well as services relating to the engineering, procurement, construction, operation, and maintenance of energy storage units. Ormat Technologies, Inc. was founded in 1965 and is based in Reno, Nevada.

WEBSITE	ormat.com
INDUSTRY	Utilities Regulated Electric
EMPLOYEES	1480

Ormat Technologies Inc Frequently Asked Questions

What is the ticker symbol for Ormat Technologies Inc? What does ORA stand for in stocks?

ORA is the stock ticker symbol of Ormat Technologies Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Ormat Technologies Inc (ORA)?

As of Fri May 17 2024, market cap of Ormat Technologies Inc is 4.38 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ORA stock?

You can check ORA's fair value in chart for subscribers.

What is the fair value of ORA stock?

You can check ORA's fair value in chart for subscribers. The fair value of Ormat Technologies Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Ormat Technologies Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ORA so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Ormat Technologies Inc a good stock to buy?

The fair value guage provides a quick view whether ORA is over valued or under valued. Whether Ormat Technologies Inc is cheap or expensive depends on the assumptions which impact Ormat Technologies Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ORA.

What is Ormat Technologies Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, ORA's PE ratio (Price to Earnings) is 32.7 and Price to Sales (PS) ratio is 5.04. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ORA PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Ormat Technologies Inc's stock?

In the past 10 years, Ormat Technologies Inc has provided 0.105 (multiply by 100 for percentage) rate of return.