|Bid||70.42 x 800|
|Ask||71.00 x 800|
|Day's Range||70.15 - 70.95|
|52 Week Range||58.73 - 94.49|
|Beta (5Y Monthly)||0.50|
|PE Ratio (TTM)||39.05|
|Earnings Date||Feb 20, 2024 - Feb 26, 2024|
|Forward Dividend & Yield||0.48 (0.68%)|
|Ex-Dividend Date||Nov 21, 2023|
|1y Target Est||81.13|
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Ormat Technologies (ORA) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Development Project in Dominica Expands Ormat’s Presence in the CaribbeanRENO, Nev., Dec. 06, 2023 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA), a leading renewable energy company, announced today at the United Nations Climate Change Conference (COP28) the signing of a groundbreaking 25-year Power Purchase Agreement (PPA) with Dominica Electricity Services Ltd. (DOMLEC) for the development of a state-of-the-art 10 MW binary geothermal power plant in the Caribbean country of Dominica.
Before even discussing the concept of green energy stocks to buy, one must acknowledge the 800-pound gorilla in the room: this sector stinks. As a Barron’s report pointed out recently, green energy stocks have turned a decidedly dark shade of crimson. Once heralded as the next big thing due to political and ideological winds pushing toward zero net-emission goals, the clean energy space enjoyed a period of remarkable growth. Unfortunately, the air has gushed out of the ecosystem. Part of the bla