Market closedNon-fractional

Ormat/ORA

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14:25
15:15
16:10
17:00
1D1W1MYTD1YMAX

About Ormat

Ormat Technologies Inc is engaged in the geothermal energy power business. The company is engaged in three business segments: Electricity Segment. where the company 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 and sell the electricity generated. Product Segment includes designing, manufacturing and selling equipment for geothermal and recovered energy-based electricity generation and providing services relating to the engineering, procurement and construction of geothermal and recovered energy-based power plants. Energy Storage Segment includes owning and operating grid-connected which provide capacity, energy and ancillary services directly to the electric grid.

Ticker

ORA

Sector

Utilities

Trading on

NYSE

Industry

Independent Power and Renewable Electricity Producers

Headquarters

Reno, United States

Employees

1,576

Ormat Metrics

BasicAdvanced
$4.2B
Market cap
31.36
P/E ratio
$2.21
EPS
0.48
Beta
$0.48
Dividend rate
0.69%
Dividend yield
$4.2B
0.48
$0.48
1.115
0.757
83.309
96.493
21.59%
1.58%
2.00%
5.79%
31.36
4.81
1.79
2.24
-16.94
0.69%
18.03%
63.43%
8.51%
16.32%
1.43%

What the Analysts think about Ormat

Analyst Ratings

Majority rating from 7 analysts.
Hold

Ormat Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
17.17% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$224M
-7.13%
Net income
$39M
7.84%
Profit margin
17.17%
16.09%

Ormat Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 2.07%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$0.40
$0.59
$0.59
$0.64
-
Expected
$0.34
$0.35
$0.59
$0.63
$0.40
Surprise
19.05%
68.33%
-0.67%
2.07%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.
Market closedNon-fractional

Upcoming events

No upcoming events

FAQs

What’s the current market cap for Ormat stock?

Ormat (ORA) has a market cap of $4.2B as of July 04, 2024.

What is the P/E ratio for Ormat stock?

The price to earnings (P/E) ratio for Ormat (ORA) stock is 31.36 as of July 04, 2024.

Does Ormat stock pay dividends?

Yes, the Ormat (ORA) stock pays dividends to shareholders. As of July 04, 2024, the dividend rate is $0.48 and the yield is 0.69%. Ormat has a payout ratio of 21.59% on a trailing twelve-month basis.

When is the next Ormat dividend payment date?

The next Ormat (ORA) dividend payment date is unconfirmed.

What is the beta indicator for Ormat?

Ormat (ORA) has a beta rating of 0.48. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

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