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Utilities - Renewable Utilities - NYSE - US
$ 79.01
-0.604 %
$ 4.78 B
Market Cap
40.31
P/E
1. INTRINSIC VALUE

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.[ Read More ]

The intrinsic value of one ORA stock under the base case scenario is HIDDEN Compared to the current market price of 79 USD, Ormat Technologies, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart ORA

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FINANCIALS
829 M REVENUE
12.98%
167 M OPERATING INCOME
591.80%
124 M NET INCOME
59.91%
309 M OPERATING CASH FLOW
10.12%
-628 M INVESTING CASH FLOW
-20.05%
380 M FINANCING CASH FLOW
199.87%
212 M REVENUE
-0.55%
-6.25 M OPERATING INCOME
-16.68%
24.3 M NET INCOME
9.25%
106 M OPERATING CASH FLOW
246.62%
-120 M INVESTING CASH FLOW
18.80%
26.8 M FINANCING CASH FLOW
249.83%
Balance Sheet Decomposition Ormat Technologies, Inc.
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Current Assets 646 M
Cash & Short-Term Investments 288 M
Receivables 272 M
Other Current Assets 86.6 M
Non-Current Assets 4.56 B
Long-Term Investments 125 M
PP&E 3.84 B
Other Non-Current Assets 595 M
Current Liabilities 537 M
Accounts Payable 141 M
Short-Term Debt 304 M
Other Current Liabilities 92.5 M
Non-Current Liabilities 2.22 B
Long-Term Debt 1.81 B
Other Non-Current Liabilities 408 M
EFFICIENCY
Earnings Waterfall Ormat Technologies, Inc.
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Revenue 829 M
Cost Of Revenue 565 M
Gross Profit 264 M
Operating Expenses 97.4 M
Operating Income 167 M
Other Expenses 42.2 M
Net Income 124 M
RATIOS
31.83% GROSS MARGIN
31.83%
20.08% OPERATING MARGIN
20.08%
15.00% NET MARGIN
15.00%
5.37% ROE
5.37%
2.39% ROA
2.39%
3.62% ROIC
3.62%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Ormat Technologies, Inc.
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Net Income 124 M
Depreciation & Amortization 231 M
Capital Expenditures -618 M
Stock-Based Compensation 15.5 M
Change in Working Capital -44.5 M
Others 15.2 M
Free Cash Flow -309 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Ormat Technologies, Inc.
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Wall Street analysts predict an average 1-year price target for ORA of $84.3 , with forecasts ranging from a low of $73 to a high of $97 .
ORA Lowest Price Target Wall Street Target
73 USD -7.61%
ORA Average Price Target Wall Street Target
84.3 USD 6.68%
ORA Highest Price Target Wall Street Target
97 USD 22.77%
4. DIVIDEND ANALYSIS
0.16% DIVIDEND YIELD
0.12 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Ormat Technologies, Inc.
image
Sold
0-3 MONTHS
127 K USD 2
3-6 MONTHS
266 K USD 4
6-9 MONTHS
122 K USD 1
9-12 MONTHS
40.4 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
Date Value Insider Amount Avg Price
1 month ago
Sep 20, 2024
Sell 94.9 K USD
Wong Byron G.
Director
- 1266
74.98 USD
2 months ago
Aug 23, 2024
Sell 32.4 K USD
SHARIR DAFNA
Director
- 433
74.91 USD
5 months ago
Jun 06, 2024
Sell 67.4 K USD
STERN STANLEY
Director
- 900
74.88 USD
5 months ago
May 31, 2024
Sell 47.2 K USD
STERN STANLEY
Director
- 623
75.69 USD
5 months ago
May 30, 2024
Sell 50.4 K USD
Granot David
Director
- 686
73.46 USD
5 months ago
May 30, 2024
Sell 50.4 K USD
Marom Michal
Director
- 686
73.46 USD
5 months ago
May 30, 2024
Sell 50.4 K USD
SHARIR DAFNA
Director
- 686
73.46 USD
7 months ago
Mar 28, 2024
Sell 122 K USD
STERN STANLEY
Director
- 1825
66.95 USD
1 year ago
Nov 17, 2023
Sell 20.2 K USD
SHARIR DAFNA
Director
- 312
64.69 USD
1 year ago
Nov 17, 2023
Sell 20.2 K USD
Granot David
Director
- 312
64.69 USD
1 year ago
Sep 07, 2023
Sell 33 K USD
Angel Isaac
Director
- 439
75.08 USD
1 year ago
Sep 07, 2023
Sell 32.4 K USD
Angel Isaac
Director
- 429
75.57 USD
1 year ago
Sep 06, 2023
Sell 1.67 M USD
Angel Isaac
Director
- 22399
74.42 USD
1 year ago
Sep 06, 2023
Sell 408 K USD
Angel Isaac
Director
- 5414
75.41 USD
1 year ago
Sep 01, 2023
Sell 317 K USD
Blachar Doron
Chief Executive Officer
- 4205
75.29 USD
1 year ago
Sep 01, 2023
Sell 539 K USD
Blachar Doron
Chief Executive Officer
- 7110
75.75 USD
1 year ago
Sep 01, 2023
Sell 540 K USD
Angel Isaac
Director
- 7178
75.26 USD
1 year ago
Sep 01, 2023
Sell 1.36 M USD
Angel Isaac
Director
- 17966
75.73 USD
1 year ago
Sep 05, 2023
Sell 1.97 M USD
Angel Isaac
Director
- 26144
75.4974 USD
1 year ago
May 19, 2023
Sell 28.5 K USD
STERN STANLEY
Director
- 337
84.57 USD
1 year ago
May 19, 2023
Sell 133 K USD
STERN STANLEY
Director
- 1581
84.42 USD
1 year ago
Nov 25, 2022
Sell 49.4 M USD
ORIX CORP
Director
- 562500
87.75 USD
1 year ago
Nov 21, 2022
Sell 329 M USD
ORIX CORP
Director
- 3750000
87.75 USD
2 years ago
Nov 08, 2022
Sell 78 K USD
Wong Byron G.
Director
- 767
101.67 USD
2 years ago
Nov 08, 2022
Sell 37.1 K USD
Wong Byron G.
Director
- 365
101.51 USD
2 years ago
Nov 07, 2022
Sell 462 K USD
Hatzir Shimon
EVP, Electricity Segment
- 4620
100.09 USD
2 years ago
Nov 07, 2022
Sell 75 K USD
Granot David
Director
- 743
101 USD
2 years ago
Nov 04, 2022
Sell 32.5 K USD
SHARIR DAFNA
Director
- 332
98 USD
2 years ago
Nov 04, 2022
Sell 123 K USD
SHARIR DAFNA
Director
- 1256
98 USD
2 years ago
Nov 04, 2022
Sell 1.19 M USD
Argas Shlomi
President
- 12106
98.25 USD
2 years ago
Sep 08, 2022
Sell 440 K USD
Hatzir Shimon
EVP, Electricity Segment
- 4526
97.2 USD
2 years ago
Sep 07, 2022
Sell 156 K USD
Argas Shlomi
President
- 1598
97.5 USD
2 years ago
Dec 07, 2021
Sell 210 K USD
Hatzir Shimon
EVP, Electricity Segment
- 2598
81.0016 USD
2 years ago
Dec 07, 2021
Sell 187 K USD
Hatzir Shimon
EVP, Electricity Segment
- 2309
81 USD
2 years ago
Aug 25, 2022
Sell 68.7 K USD
Granot David
Director
- 716
96 USD
2 years ago
Aug 24, 2022
Sell 39.6 K USD
Granot David
Director
- 426
93 USD
2 years ago
Aug 25, 2022
Sell 69.8 K USD
Granot David
director:
- 727
96 USD
2 years ago
Aug 24, 2022
Sell 42.3 K USD
Granot David
director:
- 455
93 USD
2 years ago
Aug 16, 2022
Sell 726 K USD
STERN STANLEY
director:
- 7500
96.85 USD
2 years ago
Jun 06, 2022
Sell 171 K USD
Angel Isaac
Director
- 2101
81.2 USD
2 years ago
Jun 03, 2022
Sell 372 K USD
Angel Isaac
Director
- 4501
82.54 USD
2 years ago
Jun 03, 2022
Sell 566 K USD
Angel Isaac
director:
- 6901
81.96 USD
2 years ago
Jun 06, 2022
Sell 41.6 K USD
Angel Isaac
Director
- 500
83.26 USD
2 years ago
Jun 03, 2022
Sell 306 K USD
Angel Isaac
Director
- 3699
82.84 USD
2 years ago
Jun 01, 2022
Sell 620 K USD
Blachar Doron
Chief Executive Officer
- 7434
83.43 USD
2 years ago
Jun 01, 2022
Sell 703 K USD
Blachar Doron
Chief Executive Officer
- 8366
83.98 USD
2 years ago
Jun 01, 2022
Sell 110 K USD
Blachar Doron
Chief Executive Officer
- 1331
83.02 USD
2 years ago
Jun 01, 2022
Sell 271 K USD
Blachar Doron
Chief Executive Officer
- 3200
84.81 USD
2 years ago
Jun 02, 2022
Sell 38.6 K USD
Blachar Doron
Chief Executive Officer
- 461
83.72 USD
2 years ago
Jun 01, 2022
Sell 591 K USD
Angel Isaac
Director
- 7081
83.41 USD
2 years ago
Jun 01, 2022
Sell 739 K USD
Angel Isaac
Director
- 8805
83.96 USD
2 years ago
Jun 02, 2022
Sell 737 K USD
Angel Isaac
Director
- 8884
83.01 USD
2 years ago
Jun 01, 2022
Sell 264 K USD
Angel Isaac
Director
- 3114
84.85 USD
2 years ago
Jun 01, 2022
Sell 254 K USD
Angel Isaac
director:
- 3039
83.72 USD
2 years ago
May 27, 2022
Sell 77.3 K USD
FALK DAN
Director
- 908
85.1 USD
2 years ago
May 27, 2022
Sell 62.7 K USD
FALK DAN
director:
- 759
82.6 USD
2 years ago
Mar 31, 2022
Sell 606 K USD
STERN STANLEY
director:
- 7500
80.85 USD
2 years ago
Mar 11, 2022
Sell 21.1 K USD
FALK DAN
director:
- 262
80.4 USD
2 years ago
Dec 13, 2021
Sell 169 K USD
Argas Shlomi
President
- 2117
80 USD
2 years ago
Dec 07, 2021
Sell 97.2 K USD
Hatzir Shimon
EVP, Electricity Segment
- 1200
81.0016 USD
2 years ago
Dec 07, 2021
Sell 86.3 K USD
Hatzir Shimon
EVP, Electricity Segment
- 1066
81 USD
3 years ago
Nov 11, 2021
Sell 35.3 K USD
SHARIR DAFNA
Director
- 435
81.12 USD
3 years ago
Nov 11, 2021
Sell 116 K USD
SHARIR DAFNA
Director
- 1430
81.08 USD
3 years ago
Nov 11, 2021
Sell 35.3 K USD
SHARIR DAFNA
Director
- 435
81.12 USD
3 years ago
Nov 11, 2021
Sell 116 K USD
SHARIR DAFNA
Director
- 1430
81.08 USD
3 years ago
Nov 11, 2021
Sell 67.7 K USD
SHARIR DAFNA
Director
- 835
81.12 USD
3 years ago
Nov 11, 2021
Sell 116 K USD
SHARIR DAFNA
Director
- 1430
81.08 USD
3 years ago
Nov 10, 2021
Sell 53.5 K USD
Granot David
Director
- 672
79.64 USD
3 years ago
Nov 10, 2021
Sell 53.5 K USD
FALK DAN
Director
- 672
79.64 USD
4 years ago
Sep 22, 2020
Bought 167 K USD
Krieger Zvi
EVP- Electricty Segment
+ 3000
55.77 USD
4 years ago
Sep 15, 2020
Bought 29.6 K USD
Benyosef Ofer
EVP - BD, Sales and Marketing
+ 511
58 USD
4 years ago
Aug 11, 2020
Bought 1.22 M USD
Ginzburg Assi
Chief Financial Officer
+ 20000
61.03 USD
4 years ago
Dec 17, 2019
Sell 118 K USD
Argas Shlomi
EVP, Product Segment
- 1521
77.7 USD
4 years ago
Dec 06, 2019
Sell 583 K USD
FALK DAN
Director
- 7500
77.77 USD
4 years ago
Nov 25, 2019
Sell 112 K USD
Wong Byron G.
Director
- 1460
77.01 USD
5 years ago
Nov 18, 2019
Sell 61.8 K USD
Krieger Zvi
E.V.P. Electricty Segment
- 808
76.5 USD
5 years ago
Nov 14, 2019
Sell 51.4 K USD
Krieger Zvi
E.V.P. Electricty Segment
- 668
76.88 USD
5 years ago
Nov 07, 2019
Sell 71.1 K USD
Granot David
Director
- 917
77.51 USD
5 years ago
Nov 07, 2019
Sell 71.1 K USD
FALK DAN
Director
- 917
77.51 USD
5 years ago
Nov 07, 2019
Sell 71.1 K USD
Barniv Ravit
Director
- 917
77.51 USD
5 years ago
Nov 07, 2019
Sell 71.1 K USD
SHARIR DAFNA
Director
- 917
77.51 USD
5 years ago
Nov 07, 2019
Sell 2.02 K USD
Sullivan Bob
EVP Sales Marketing BD
- 26
77.51 USD
5 years ago
Aug 29, 2019
Sell 422 K USD
Barniv Ravit
Director
- 5786
73 USD
5 years ago
Aug 27, 2019
Sell 125 K USD
Barniv Ravit
Director
- 1714
73.07 USD
5 years ago
Aug 23, 2019
Sell 548 K USD
Barniv Ravit
Director
- 7500
73 USD
5 years ago
Aug 19, 2019
Sell 958 K USD
Sullivan Bob
EVP Sales Marketing BD
- 13212
72.48 USD
5 years ago
Aug 13, 2019
Sell 542 K USD
FALK DAN
Director
- 7500
72.3 USD
5 years ago
Aug 12, 2019
Sell 530 K USD
Granot David
Director
- 7500
70.7 USD
5 years ago
Jun 14, 2019
Sell 908 K USD
Krieger Zvi
E.V.P. Electricty Segment
- 12819
70.87 USD
5 years ago
Jun 14, 2019
Sell 875 K USD
Argas Shlomi
EVP, Product Segment
- 12819
68.25 USD
5 years ago
Jun 14, 2019
Sell 126 K USD
Wolf Nir
E.V.P. Market Develop.
- 1999
63 USD
5 years ago
Jun 10, 2019
Sell 124 K USD
Wolf Nir
E.V.P. Market Develop.
- 1999
62.28 USD
5 years ago
Jun 07, 2019
Sell 124 USD
Wolf Nir
E.V.P. Market Develop.
- 2
62.1 USD
5 years ago
Jun 07, 2019
Sell 111 K USD
Wolf Nir
E.V.P. Market Develop.
- 1798
61.5 USD
7. News
100 November Sustainable Dividend Dogs: 50 'Safer' And 2 Ideal Buys Calvert Research and Management ranked the 100 most sustainable companies based on over 230 ESG indicators, including workplace diversity and greenhouse-gas emissions. Eight of 78 dividend-paying sustainable companies offer dividends exceeding their share prices, signalling potential buy opportunities for investors. Analysts estimate net gains of 17.47% to 69.69% for the top ten sustainable companies by November 2025, based on target prices and dividends. seekingalpha.com - 2 days ago
Ormat Technologies to Construct 101MW Geothermal Plant in New Zealand ORA secures an EPC contract valued at approximately $200 million with Contact Energy. zacks.com - 3 days ago
Ormat Technologies Announces Successful Monetization of 40% Investment Tax Credit for Bottleneck Energy Storage Facility RENO, Nev., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA), a leading renewable energy company, today announced the successful deal to transfer investment tax credits (ITCs) from the 80MW/320MWh Bottleneck Project to third party. This transaction, which was facilitated under the Inflation Reduction Act (IRA), represents a significant achievement in our goal to collect up to $152 million in cash tax benefits this year. globenewswire.com - 4 days ago
Ormat Technologies Q3 Earnings Beat Estimates, Revenues Rise Y/Y ORA's third-quarter earnings beat estimates, while revenues rise year over year by 1.8%%. The company has updated its 2024 outlook. zacks.com - 5 days ago
Ormat Technologies, Inc. (ORA) Q3 2024 Earnings Call Transcript Ormat Technologies, Inc. (NYSE:ORA ) Q3 2024 Results Conference Call November 7, 2024 10:00 AM ET Company Participants Josh Carroll - Alpha IR Group, IR Doron Blachar - CEO Assi Ginzburg - CFO Conference Call Participants Noah Kaye - Oppenheimer Justin Clare - ROTH Capital Mark Strouse - JPMorgan Operator Good morning, and welcome to the Ormat Technologies Third Quarter 2024 Earnings Conference Call. [Operator Instructions] After today's presentation, there will be an opportunity to ask questions. seekingalpha.com - 1 week ago
Ormat Technologies: Growth Prospects Outpaced By Overvaluation Ormat Technologies is a leading geothermal power company with a stable revenue growth and an ambitious growth plan targeting 2.1GW-2.3GW capacity by FY26. Geothermal energy's stable output and lower construction costs make it a crucial component of the electricity transition, offering a valuable alternative to nuclear power. Increased debt and potential policy changes under the new Trump administration pose risks, though high margins and steady OCF production remain strengths. seekingalpha.com - 1 week ago
Ormat Technologies (ORA) Q3 Earnings and Revenues Top Estimates Ormat Technologies (ORA) came out with quarterly earnings of $0.42 per share, beating the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.47 per share a year ago. zacks.com - 1 week ago
Ormat Releases 2023 Sustainability Report RENO, Nev., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA), a leading renewable energy company, today announced the release of its annual Sustainability Report, providing an overview of the Company's environmental, social, and governance (ESG) performance in 2023. globenewswire.com - 2 weeks ago
CWEN vs. ORA: Which Stock Is the Better Value Option? Investors interested in Alternative Energy - Other stocks are likely familiar with Clearway Energy (CWEN) and Ormat Technologies (ORA). But which of these two stocks is more attractive to value investors? zacks.com - 2 weeks ago
Analysts Estimate Ormat Technologies (ORA) to Report a Decline in Earnings: What to Look Out for Ormat Technologies (ORA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 2 weeks ago
Ormat Commences Commercial Operation of Bottleneck Storage Facility in California, Delivering 80MW/320MWh of Energy Storage Capacity RENO, Nev., Oct. 28, 2024 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA), a leading renewable energy company, announces the successful commencement of commercial operations for its largest energy storage facility, the Bottleneck project. This 80MW/320MWh Battery Energy Storage System (BESS), located in the Central Valley of California, will provide energy, capacity, and ancillary services to San Diego Gas & Electric (SDG&E) under a 15-year Power Purchase Agreement (also known as a Tolling Agreement) signed in 2022. globenewswire.com - 2 weeks ago
Ormat Technologies Inc. Secures Land Parcels in Nevada's BLM Auction to Advance Future Geothermal Development RENO, Nev., Oct. 10, 2024 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA), a leading renewable energy company, today announced it has successfully secured multiple land parcels in Nevada's Annual Bureau of Land Management (BLM) Auction. These lease acquisitions will significantly support Ormat's ongoing exploration and expansion efforts in the state, further strengthening the company's commitment to advancing renewable energy solutions and meeting Nevada's increasing demand for sustainable energy. globenewswire.com - 1 month ago
8. Profile Summary

Ormat Technologies, Inc. ORA

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COUNTRY US
INDUSTRY Renewable Utilities
MARKET CAP $ 4.78 B
Dividend Yield 0.16%
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 1576
Officers Mr. Ofer Ben Yosef Executive Vice President of Energy Storage & Business Development Mr. Elad Zalkin Senior Vice President of Projects, Business Excellence, Planning & Control Mr. Doron Blachar Chief Executive Officer Ms. Liza Tavori Executive Vice President of Human Resources Ms. Nirit Grushko Senior Vice President of Engineering, R&D Innovation & QEHS Mr. Shimon Hatzir Executive Vice President of Electricity Segment Ms. Smadar Lavi Vice President, Head of Investor Relations & ESG Planning and Reporting