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Ormat Technologies NYSE:ORA Stock Report

Last Price

US$62.92

Market Cap

US$3.8b

7D

-4.8%

1Y

-26.4%

Updated

18 Apr, 2024

Data

Company Financials +

ORA Stock Overview

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.

ORA fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance4/6
Financial Health2/6
Dividends0/6

Ormat Technologies, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ormat Technologies
Historical stock prices
Current Share PriceUS$62.92
52 Week HighUS$88.64
52 Week LowUS$58.73
Beta0.47
1 Month Change-2.53%
3 Month Change-5.67%
1 Year Change-26.38%
3 Year Change-16.99%
5 Year Change8.67%
Change since IPO301.53%

Recent News & Updates

These 4 Measures Indicate That Ormat Technologies (NYSE:ORA) Is Using Debt Extensively

Mar 22
These 4 Measures Indicate That Ormat Technologies (NYSE:ORA) Is Using Debt Extensively

Ormat Technologies: An Expensive Vertically Integrated Gem

Mar 09

Recent updates

These 4 Measures Indicate That Ormat Technologies (NYSE:ORA) Is Using Debt Extensively

Mar 22
These 4 Measures Indicate That Ormat Technologies (NYSE:ORA) Is Using Debt Extensively

Ormat Technologies: An Expensive Vertically Integrated Gem

Mar 09

The Price Is Right For Ormat Technologies, Inc. (NYSE:ORA)

Feb 06
The Price Is Right For Ormat Technologies, Inc. (NYSE:ORA)

Here's What's Concerning About Ormat Technologies' (NYSE:ORA) Returns On Capital

Jan 08
Here's What's Concerning About Ormat Technologies' (NYSE:ORA) Returns On Capital

Ormat Technologies: EGS Could Provide Unexpected Upside

Oct 31

Ormat Technologies: High Earnings Not As Attractive Compared To Capital Required To Grow

Oct 04

Ormat Technologies (NYSE:ORA) Could Be Struggling To Allocate Capital

Sep 26
Ormat Technologies (NYSE:ORA) Could Be Struggling To Allocate Capital

These 4 Measures Indicate That Ormat Technologies (NYSE:ORA) Is Using Debt Extensively

Aug 31
These 4 Measures Indicate That Ormat Technologies (NYSE:ORA) Is Using Debt Extensively

Ormat Technologies: Promising Future, But Valuation Is Worrying

Jun 09

The Returns On Capital At Ormat Technologies (NYSE:ORA) Don't Inspire Confidence

May 13
The Returns On Capital At Ormat Technologies (NYSE:ORA) Don't Inspire Confidence

Ormat Technologies Q4 2022 Earnings Preview

Feb 21

Massif Capital - Ormat Technologies: Keep An Eye Out For A Catalyst

Feb 01

Ormat secures financing for Ijen geothermal power plant

Jan 12

Ormat Technologies goes ex dividend tomorrow

Nov 14

Returns On Capital Signal Tricky Times Ahead For Ormat Technologies (NYSE:ORA)

Nov 02
Returns On Capital Signal Tricky Times Ahead For Ormat Technologies (NYSE:ORA)

Is Ormat Technologies (NYSE:ORA) Using Too Much Debt?

Aug 16
Is Ormat Technologies (NYSE:ORA) Using Too Much Debt?

Ormat Technologies goes ex-dividend tomorrow

Aug 15

Ormat: Nice Growth Story, But Shares Are A Little Bit Expensive

Aug 01

The Returns On Capital At Ormat Technologies (NYSE:ORA) Don't Inspire Confidence

Jul 26
The Returns On Capital At Ormat Technologies (NYSE:ORA) Don't Inspire Confidence

Ormat Technologies: A Cleaner And Profitable Future

Apr 26

Ormat Technologies (NYSE:ORA) Is Reinvesting At Lower Rates Of Return

Apr 25
Ormat Technologies (NYSE:ORA) Is Reinvesting At Lower Rates Of Return

Is Ormat Technologies (NYSE:ORA) Using Too Much Debt?

Apr 05
Is Ormat Technologies (NYSE:ORA) Using Too Much Debt?

Shareholder Returns

ORAUS Renewable EnergyUS Market
7D-4.8%-6.9%-3.7%
1Y-26.4%-3.2%20.2%

Return vs Industry: ORA underperformed the US Renewable Energy industry which returned -1.9% over the past year.

Return vs Market: ORA underperformed the US Market which returned 20.5% over the past year.

Price Volatility

Is ORA's price volatile compared to industry and market?
ORA volatility
ORA Average Weekly Movement4.5%
Renewable Energy Industry Average Movement7.8%
Market Average Movement6.0%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.0%

Stable Share Price: ORA has not had significant price volatility in the past 3 months.

Volatility Over Time: ORA's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19651,576Doron Blacharwww.ormat.com

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.

Ormat Technologies, Inc. Fundamentals Summary

How do Ormat Technologies's earnings and revenue compare to its market cap?
ORA fundamental statistics
Market capUS$3.80b
Earnings (TTM)US$124.40m
Revenue (TTM)US$829.42m

30.5x

P/E Ratio

4.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ORA income statement (TTM)
RevenueUS$829.42m
Cost of RevenueUS$565.41m
Gross ProfitUS$264.02m
Other ExpensesUS$139.62m
EarningsUS$124.40m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 08, 2024

Earnings per share (EPS)2.06
Gross Margin31.83%
Net Profit Margin15.00%
Debt/Equity Ratio85.5%

How did ORA perform over the long term?

See historical performance and comparison

Dividends

0.8%

Current Dividend Yield

23%

Payout Ratio
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