Finder makes money from featured partners, but editorial opinions are our own. Advertiser disclosure

How to buy Ormat Technologies stock (ORA)

Buy Ormat Technologies stock in 5 easy steps, view past price performance and learn what’s ahead for the company.

Ormat Technologies is an utilities - renewable business based in the US. Ormat Technologies shares (ORA) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $78.87 – an increase of 0.48% over the previous week. Ormat Technologies employs 1,576 staff and has a trailing 12-month revenue of around $886.5 million.

Our top picks for where to buy Ormat Technologies stock

Top pick for advanced traders

Go to site
  • Trade options, futures, options on futures, stocks, ETFs
  • $0 commission to close options
  • Pro-grade platform and risk analysis tools

Our pick for investing by theme

Go to site
  • Trade $0 commission stocks & ETFs with as little as $1
  • Theme and ETF screener
  • Discover new opportunities with Opto's AI-driven classification system

Our pick for transfer bonus

Go to site
  • Trade stocks, options, ETFs, mutual funds, alternative asset funds
  • $0 commission on stocks, ETFs and options, with no options contract fees
  • Complimentary access to a financial planner and automated investing

How to buy Ormat Technologies stock

  1. Choose a stock trading platform. Use our comparison table
  2. Open an account. Provide your personal information and sign up.
  3. Fund your account. Deposit funds into your account by linking your banking information or transfer funds from another trading account.
  4. Search for the stock name – ORA. Search for the stock by name or ticker symbol.
  5. Buy the stock. Place your order. It's that simple.

Buy Ormat Technologies stock from these online trading platforms

Compare special offers, low fees and a wide range of investment options among top trading platforms.
1 - 4 of 4
Name Product USFST Ratings Available asset types Stock trade fee Minimum deposit Cash sweep APY Signup bonus
Tastytrade
Finder Score: 4.4 / 5: ★★★★★
Tastytrade
★★★★★
Stocks, Options, ETFs, Cryptocurrency, Futures, Treasury Bills
$0
$0
N/A
Get $50-$5,000
Competitive, capped options commissions, with a reliable trading platform designed for serious traders.
OPTO
Finder Score: 3.1 / 5: ★★★★★
OPTO
★★★★★
Stocks, ETFs
$0
$0
N/A
Earn up to $300
AI-driven thematic investing, with proprietary research, fractional shares and commission-free stocks and ETFs.
SoFi Invest®
Finder Score: 4.2 / 5: ★★★★★
SoFi Invest®
★★★★★
Stocks, Options, Mutual funds, ETFs, Alternatives
$0
$0
0.02%
Get up to $1,000 in stock
Zero-commission stocks, ETFs and options, with no options per-contract fees. Plus, a no-advisory-fee robo-advisor and complimentary access to financial planners.
Robinhood
Finder Score: 4.5 / 5: ★★★★★
Robinhood
★★★★★
Stocks, Options, ETFs, Cryptocurrency
$0
$0
4.5%
Get a free stock
Trade stocks, options, ETFs and crypto without commissions and on a user-friendly platform. Plus, a 1% IRA match and no options contract fees.
loading

Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.

Finder is not an advisor or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.

Ormat Technologies stock price (NYSE: ORA)

Use our graph to track the performance of ORA stocks over time.

Ormat Technologies shares at a glance

Information last updated 2024-10-24.
Latest market close$78.87
52-week range$58.32 - $80.53
50-day moving average $75.28
200-day moving average $70.64
Wall St. target price$82.67
PE ratio 35.7752
Dividend yield $0.48 (0.61%)
Earnings per share (TTM) $2.18

Is it a good time to buy Ormat Technologies stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Ormat Technologies price performance over time

Historical closes compared with the close of $78.87 from 2024-10-25

1 week (2024-10-22) -0.58%
1 month (2024-09-30) 2.51%
3 months (2024-07-30) 3.04%
6 months (2024-04-30) 23.56%
1 year (2023-10-30) 28.64%
2 years (2022-10-26) N/A
3 years (2021-10-29) 9.04%
5 years (2019-10-30) 3.33%

Is Ormat Technologies stock undervalued or overvalued?

Valuing Ormat Technologies stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Ormat Technologies's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Ormat Technologies's P/E ratio

Ormat Technologies's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 36x. In other words, Ormat Technologies shares trade at around 36x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Ormat Technologies's PEG ratio

Ormat Technologies's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.8873. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Ormat Technologies's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Ormat Technologies's EBITDA

Ormat Technologies's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $432 million.

The EBITDA is a measure of a Ormat Technologies's overall financial performance and is widely used to measure a its profitability.

Ormat Technologies financials

Revenue TTM $886.5 million
Operating margin TTM 16.94%
Gross profit TTM $268.8 million
Return on assets TTM 2.16%
Return on equity TTM 5.66%
Profit margin 14.89%
Book value $39.22
Market Capitalization $4.7 billion

TTM: trailing 12 months

Ormat Technologies share dividends

22%

Dividend payout ratio: 21.62% of net profits

Recently Ormat Technologies has paid out, on average, around 0% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Ormat Technologies shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Ormat Technologies's case, that would currently equate to about $0.48 per share.

While Ormat Technologies's payout ratio might seem low, this can signify that Ormat Technologies is investing more in its future growth.

Ormat Technologies's most recent dividend payout was on 2 September 2024. The latest dividend was paid out to all shareholders who bought their shares by 19 August 2024 (the "ex-dividend date").

Ormat Technologies share price volatility

Over the last 12 months, Ormat Technologies's shares have ranged in value from as little as $58.3233 up to $80.53. A popular way to gauge a stock's volatility is its "beta".

ORA.US volatility(beta: 0.53)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Ormat Technologies's is 0.531. This would suggest that Ormat Technologies's shares are less volatile than average (for this exchange).

Ormat Technologies 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. 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. The Product segment designs, manufactures, and sells equipment for geothermal and 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. This segment serves contractors; 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 battery energy storage systems and related services.

Frequently asked questions

What percentage of Ormat Technologies is owned by insiders or institutions?
Currently 0.443% of Ormat Technologies shares are held by insiders and 97.718% by institutions.
How many people work for Ormat Technologies?
Latest data suggests 1,576 work at Ormat Technologies.
When does the fiscal year end for Ormat Technologies?
Ormat Technologies's fiscal year ends in December.
Where is Ormat Technologies based?
Ormat Technologies's address is: 6140 Plumas Street, Reno, NV, United States, 89519-6075
What is Ormat Technologies's ISIN number?
Ormat Technologies's international securities identification number is: US6866881021
What is Ormat Technologies's CUSIP number?
Ormat Technologies's Committee on Uniform Securities Identification Procedures number is: 686688102

More guides on Finder

Ask a question

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Go to site