NYSE
ORA

Ormat Technologies Inc

Utilities-Renewable
Utilities

Prices are adjusted according to historical splits.

Ormat Technologies Inc Stock Price

Vitals

Today's Low:
$74.53
Today's High:
$75.11
Open Price:
$74.85
52W Low:
$74.09
52W High:
$101.2462
Prev. Close:
$74.87
Volume:
185884

Company Statistics

Market Cap.:
$4.51 billion
Book Value:
37.411
Revenue TTM:
$761.40 million
Operating Margin TTM:
23.97%
Gross Profit TTM:
$268.82 million
Profit Margin:
11.74%
Return on Assets TTM:
2.39%
Return on Equity TTM:
4.45%

Company Profile

Ormat Technologies Inc had its IPO on 2004-11-11 under the ticker symbol ORA.

The company operates in the Utilities sector and Utilities-Renewable industry. Ormat Technologies Inc has a staff strength of 1,480 employees.

Stock update

Shares of Ormat Technologies Inc opened at $74.85 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $74.53 - $75.11, and closed at $74.58.

This is a -0.39% slip from the previous day's closing price.

A total volume of 185,884 shares were traded at the close of the day’s session.

In the last one week, shares of Ormat Technologies Inc have slipped by -1.48%.

Ormat Technologies Inc's Key Ratios

Ormat Technologies Inc has a market cap of $4.51 billion, indicating a price to book ratio of 2.6756 and a price to sales ratio of 6.8527.

In the last 12-months Ormat Technologies Inc’s revenue was $761.40 million with a gross profit of $268.82 million and an EBITDA of $397.47 million. The EBITDA ratio measures Ormat Technologies Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Ormat Technologies Inc’s operating margin was 23.97% while its return on assets stood at 2.39% with a return of equity of 4.45%.

In Q2, Ormat Technologies Inc’s quarterly earnings growth was a positive 100% while revenue growth was a positive 15.2%.

Ormat Technologies Inc’s PE and PEG Ratio

Forward PE
50.5051
Trailing PE
48.6169
PEG
5.0597

Its diluted EPS in the last 12-months stands at $1.54 per share while it has a forward price to earnings multiple of 50.5051 and a PEG multiple of 5.0597. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Ormat Technologies Inc’s profitability.

Ormat Technologies Inc stock is trading at a EV to sales ratio of 9.4807 and a EV to EBITDA ratio of 16.738. Its price to sales ratio in the trailing 12-months stood at 6.8527.

Ormat Technologies Inc stock pays annual dividends of $0.48 per share, indicating a yield of 0.64% and a payout ratio of 24.37%.

Balance sheet and cash flow metrics

Total Assets
$5.01 billion
Total Liabilities
$383.21 million
Operating Cash Flow
$-163765000.00
Capital Expenditure
$159.84 million
Dividend Payout Ratio
24.37%

Ormat Technologies Inc ended 2024 with $5.01 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $5.01 billion while shareholder equity stood at $2.25 billion.

Ormat Technologies Inc ended 2024 with $74.66 million in deferred long-term liabilities, $383.21 million in other current liabilities, 60000.00 in common stock, $663.17 million in retained earnings and $90.46 million in goodwill. Its cash balance stood at $275.07 million and cash and short-term investments were $275.07 million. The company’s total short-term debt was $189,843,000 while long-term debt stood at $1.82 billion.

Ormat Technologies Inc’s total current assets stands at $685.98 million while long-term investments were $126.45 million and short-term investments were $0. Its net receivables were $205.37 million compared to accounts payable of $-204113000.00 and inventory worth $37.90 million.

In 2024, Ormat Technologies Inc's operating cash flow was $-163765000.00 while its capital expenditure stood at $159.84 million.

Comparatively, Ormat Technologies Inc paid $0.24 in dividends in 2024.

Other key metrics

Current Trading Price
$74.58
52-Week High
$101.2462
52-Week Low
$74.09
Analyst Target Price
$90.25

Ormat Technologies Inc stock is currently trading at $74.58 per share. It touched a 52-week high of $101.2462 and a 52-week low of $101.2462. Analysts tracking the stock have a 12-month average target price of $90.25.

Its 50-day moving average was $78.65 and 200-day moving average was $84.41 The short ratio stood at 12.59 indicating a short percent outstanding of 0%.

Around 21.9% of the company’s stock are held by insiders while 9403.9% are held by institutions.

Frequently Asked Questions About Ormat Technologies Inc

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

The IPO of Ormat Technologies Inc took place on 2004-11-11

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About

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.

Address

6140 Plumas Street, Reno, NV, United States, 89519-6075