Utilities -
Renewable Utilities - NYSE - US
$ 84.17
-0.93 %
$ 5.11 B
Market Cap
40.86
P/E
1. INTRINSIC VALUE
Balance Sheet
Ormat Technologies, Inc.
| Current Assets | 547 M |
| Cash & Short-Term Investments | 94.4 M |
| Receivables | 244 M |
| Other Current Assets | 209 M |
| Non-Current Assets | 5.12 B |
| Long-Term Investments | 145 M |
| PP&E | 4.29 B |
| Other Non-Current Assets | 682 M |
| Current Liabilities | 598 M |
| Accounts Payable | 125 M |
| Short-Term Debt | 336 M |
| Other Current Liabilities | 138 M |
| Non-Current Liabilities | 2.51 B |
| Long-Term Debt | 2.11 B |
| Other Non-Current Liabilities | 397 M |
EFFICIENCY
Earnings Waterfall
Ormat Technologies, Inc.
| Revenue | 880 M |
| Cost Of Revenue | 607 M |
| Gross Profit | 273 M |
| Operating Expenses | 104 M |
| Operating Income | 172 M |
| Other Expenses | 41.2 M |
| Net Income | 131 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Ormat Technologies, Inc.
| Net Income | 131 M |
| Depreciation & Amortization | 263 M |
| Capital Expenditures | -488 M |
| Stock-Based Compensation | 20.2 M |
| Change in Working Capital | -1.49 M |
| Others | -9.39 M |
| Free Cash Flow | -76.8 M |
Wall Street Analysts Price Targets
Ormat Technologies, Inc.
Wall Street analysts predict an average 1-year price target for ORA of $83.3 , with forecasts ranging from
a
low of
$73 to a high of $97 .
ORA Lowest Price Target
Wall Street Target
73 USD
-13.27%
ORA Average Price Target
Wall Street Target
83.3 USD
-1.05%
ORA Highest Price Target
Wall Street Target
97 USD
15.24%
4. DIVIDEND
ANALYSIS
0.17%
DIVIDEND YIELD
0.12 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Ormat Technologies, Inc.
Sold
0-3 MONTHS
339 K USD 4
3-6 MONTHS
156 K USD 2
6-9 MONTHS
279 M USD 3
9-12 MONTHS
127 K USD 2
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Ormat Technologies Climb After $88M Power Plant Acquisition
Ormat Technologies shares climbed on Wednesday after the geothermal and renewable energy company completed the acquisition of a power plant in Nevada for $88 million.
marketwatch.com
- 2 weeks ago
Ormat Announces the Completion of Its Acquisition of the Blue Mountain Geothermal Power Plant From Cyrq Energy
RENO, Nev., June 18, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA), (the “Company” or “Ormat”), a leading geothermal and renewable energy company, announced today that it has closed its previously disclosed acquisition of the Blue Mountain geothermal power plant from Cyrq Energy. Under the agreement, Ormat paid $88 million for 100% of the equity interest in the 20MW power plant.
globenewswire.com
- 2 weeks ago
Questcorp Mining Forms Advisory Board and Appoints Paul Larkin as Inaugural Advisor
Vancouver, British Columbia--(Newsfile Corp. - June 11, 2025) - Questcorp Mining Inc. (CSE: QQQ) (OTCBB: QQCMF) (FSE: D910) ("Questcorp" or the "Company"), an emerging copper and gold exploration company, is pleased to announce the formation of an Advisory Board to support the Company's continued growth and development. The Company is also pleased to announce the appointment of Mr.
newsfilecorp.com
- 3 weeks ago
Why Is Ormat Technologies (ORA) Up 1.4% Since Last Earnings Report?
Ormat Technologies (ORA) reported earnings 30 days ago. What's next for the stock?
zacks.com
- 4 weeks ago
Ormat Technologies Announces Strategic Leadership Changes
RENO, Nev., June 05, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA) (the “Company” or “Ormat”), a leading geothermal and renewable energy company, is pleased to announce the appointment of two distinguished executives to its senior management team. These strategic appointments are poised to propel the next phase of the Company's growth and enhance its operational excellence within the renewable energy sector.
globenewswire.com
- 4 weeks ago
3 Alternative Energy Stocks to Watch Amid Escalated Tariff Uncertainty
Alternative energy stocks like ORA, SLI and BE show potential despite the industry struggling with tariff headwinds and cost surge.
zacks.com
- 1 month ago
ORA vs. GEV: Which Stock Should Value Investors Buy Now?
Investors interested in Alternative Energy - Other stocks are likely familiar with Ormat Technologies (ORA) and GE Vernova (GEV). But which of these two stocks presents investors with the better value opportunity right now?
zacks.com
- 1 month ago
Ormat Technologies Announces $62 Million Hybrid Tax Equity Partnership for Two Energy Storage Facilities
RENO, Nev., May 27, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA) (the “Company” or “Ormat”), a leading geothermal and renewable energy company, today announced the signing of a $62 million Hybrid Tax Equity partnership with Morgan Stanley Renewables, Inc. The partnership's transaction covers the Lower Rio 60MW/120MWh storage facility and the Arrowleaf 35MW/140MWh storage and 42MW solar projects, which are expected to achieve COD by the end of 2025.
globenewswire.com
- 1 month ago
Ormat Technologies: The Pure-Play Geothermal Company Is Having Its Moment
Geothermal power, exemplified by Ormat Technologies, offers a promising niche market with a long runway for growth due to increasing renewable energy demand. Ormat's vertically integrated business includes geothermal power plants, equipment sales, and battery energy storage systems, ensuring diversified revenue streams. Despite high valuation multiples, Ormat's growth potential, strong EBITDA projections, and manageable debt levels make it an attractive investment.
seekingalpha.com
- 1 month ago
Ormat Technologies Q1 Earnings Beat Estimates, Revenues Increase Y/Y
ORA's first-quarter 2025 earnings beat estimates. Its revenues rise 2.5% year over year during the same period.
zacks.com
- 1 month ago
Ormat Technologies: A Promising Story Stock That's Not Quite There Yet
Ormat Technologies: A Promising Story Stock That's Not Quite There Yet
seekingalpha.com
- 1 month ago
Ormat Technologies, Inc. (ORA) Q1 2025 Earnings Call Transcript
Ormat Technologies, Inc. (NYSE:ORA ) Q1 2025 Earnings Call May 8, 2025 9:00 AM ET Company Participants Josh Carroll - Investor Relations Doron Blachar - Chief Executive Officer Assi Ginzburg - Chief Financial Officer Smadar Lavi - Vice President, Investor Relations and ESG Planning and Reporting Conference Call Participants Justin Clare - ROTH Capital Michael Fairbanks - JPMorgan Andre Adams - Oppenheimer David Anderson - Barclays Ben Kallo - Baird Operator Good morning and welcome to the Ormat Technologies' First Quarter 2025 Earnings Conference Call. [Operator Instructions] Please note that this event is being recorded.
seekingalpha.com
- 1 month ago
8. Profile
Summary
Ormat Technologies, Inc. ORA
COUNTRY
US
INDUSTRY
Renewable Utilities
MARKET CAP
$ 5.11 B
Dividend Yield
0.17%
Description
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 remote power units, such as fossil fuel powered turbo-generators and heavy duty direct-current generators; 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.
Contact
6140 Plumas Street, Reno, NV, 89519-6075
https://www.ormat.com
IPO
Date
Nov. 11, 2004
Employees
1512
Officers
Ms. Jessica Woelfel J.D.
General Counsel, Chief Compliance Officer & Corporate Secretary
Ms. Smadar Lavi
Vice President, Head of Investor Relations & ESG Planning and Reporting
Mr. Assaf Ginzburg CPA
Chief Financial Officer
Mr. Ofer Ben Yosef
Executive Vice President of Energy Storage & Business Development
Mr. Doron Blachar
Chief Executive Officer
Mr. Shimon Hatzir
Executive Vice President of Electricity Segment
Mr. Elad Zalkin
Senior Vice President of Projects, Planning & Control, Business Excellence
Ms. Liza Tavori
Executive Vice President of Human Resources
Ms. Nirit Grushko
Senior Vice President of Engineering, R&D Innovation & QEHS