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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 $79.38 – a decrease of 0.14% over the previous week. Ormat Technologies employs 1,576 staff and has a trailing 12-month revenue of around $890.3 million.

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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 2024-11-14.
Latest market close$79.38
52-week range$59.21 - $84.30
50-day moving average $77.41
200-day moving average $71.63
Wall St. target price$86.14
PE ratio 40.5561
Dividend yield $0.48 (0.61%)
Earnings per share (TTM) $1.96

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 $79.36 from 2024-11-19

1 week (2024-11-14) -0.16%
1 month (2024-10-21) -1.11%
3 months (2024-08-21) 8.52%
6 months (2024-05-21) 9.89%
1 year (2023-11-21) 20.68%
2 years (2022-11-21) -10.82%
3 years (2021-11-19) 0.42%
5 years (2019-11-21) 7.60%

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 41x. In other words, Ormat Technologies shares trade at around 41x 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 3.4443. 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 $440.1 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 $890.3 million
Operating margin TTM 14.05%
Gross profit TTM $268.8 million
Return on assets TTM 2.12%
Return on equity TTM 5.16%
Profit margin 13.33%
Book value $39.50
Market Capitalization $4.8 billion

TTM: trailing 12 months

Ormat Technologies share dividends

24%

Dividend payout ratio: 24.12% 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 3 December 2024. The latest dividend was paid out to all shareholders who bought their shares by 19 November 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 $59.2142 up to $84.3. 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 0.526. 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 0.444% of Ormat Technologies shares are held by insiders and 96.429% 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

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