|Bid||72.50 x 1100|
|Ask||72.51 x 800|
|Day's Range||70.79 - 75.55|
|52 Week Range||54.00 - 87.07|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||42.21|
|Earnings Date||May 05, 2020|
|Forward Dividend & Yield||0.44 (0.55%)|
|Ex-Dividend Date||Nov 18, 2019|
|1y Target Est||74.50|
Ormat Technologies' (ORA) operating income during Q4 amounts to $54.5 million compared with the $68 million registered in the year-ago quarter.
RENO, Nev. , Feb. 25, 2020 -- Ormat Technologies, Inc. (the “Company”, “we”, “Ormat” or “us”) (NYSE: ORA) today announced financial results for the fourth quarter and full year.
When you buy shares in a company, it's worth keeping in mind the possibility that it could fail, and you could lose...
RENO, Nev., Jan. 23, 2020 -- Ormat Technologies Inc. (NYSE: ORA) announced today that it plans to announce its fourth quarter and year-end 2019 financial results in a press.
Ormat Technologies, Inc. (ORA) today announced the signing of two similar Power Purchase Agreements (PPA) with Silicon Valley Clean Energy (SVCE) and Monterey Bay Community Power (MBCP). The PPAs are for a term of 10 years and have a fixed MWh price, which includes energy, capacity, environmental attributes, and all other ancillary benefits. The remaining 16 MW of generating capacity will be sold under an additional PPA with Southern California Public Power Authority, which was signed in early 2019.
Ormat Technologies, Inc.1 (ORA) today announced that its subsidiary, Puna Geothermal Venture (PGV), and Hawaiian Electric’s Hawaii Electric Light subsidiary have reached an agreement on an amended and restated power purchase agreement (PPA) for dispatchable geothermal power sold from Ormat’s Puna complex, located on the Big Island of Hawai’i. The new PPA extends the term until 2052 with an increased contract capacity of 46MW and a fixed price of $70.00/MWh with no escalation, regardless of changes to fossil fuel pricing. The amended PPA was filed with the Public Utilities Commission (PUC) on December 31, 2019 for its review and approval, which is anticipated during 2020.
Ormat Technologies, Inc. (ORA) today commended passage of the United States federal appropriations bill that retroactively revived and extended the full Production Tax Credit (PTC) for geothermal facilities. The PTC provides a credit for each kilowatt-hour of energy produced by the taxpayer from qualified renewable energy facilities. The PTC for geothermal facilities that expired at the end of 2017 was retroactively revived and extended through 2020, continuing U.S. support for the geothermal industry.
Is Ormat Technologies, Inc. (NYSE:ORA) a good equity to bet on right now? We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge fund picks, the consensus picks among hedge fund investors have historically outperformed the market after […]
Isaac Angel has been the CEO of Ormat Technologies, Inc. (NYSE:ORA) since 2014. This analysis aims first to contrast...
Ormat Technologies (ORA) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
The French network operator said it is aiming for growth in earnings before interest, taxes, depreciation and amortization after leases of between 2% and 3% per year for the period between 2021 and 2023.
Ormat Technologies' (ORA) Q3 revenues of $170.5 million miss the Zacks Consensus Estimate by a whisker but improve 2.4% on a year-over-year basis.
Ormat Technologies (ORA) delivered earnings and revenue surprises of -9.09% and -0.47%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?