Ormat(ORA),Stock Price, Discussion, News, Quote & History - To The Moon - Tiger Brokers Online Investing Community

At the request of the exchanges, the U.S./Hong Kong stock quotes are displayed on a 15-minute delay, download the APP to view the real-time quotes for free.

Close

ORA Ormat

Pre-Market Trading 11-26 06:57:38 EST

82.02

+1.28

+1.59%

盘前81.79

-0.23-0.28%

06:41 EST

High83.17	Low81.61	Vol507.40K
Open81.61	D1 Closing80.74	Amplitude1.93%
Mkt Cap4.96B	Tradable Cap4.40B	Total Shares60.48M
T/O41.69M	T/O Rate0.95%	Tradable Shares53.65M
P/B--	ROE--	EPS0.00
52wk High--	52wk Low--	P/E--
Dividend--	Div.Yield--	ROA--

{"stockData":{"symbol":"ORA","market":"US","secType":"STK","nameCN":"Ormat","latestPrice":82.02,"timestamp":1732568400000,"preClose":80.74,"halted":0,"volume":507402,"hourTrading":{"tag":"盘前","latestPrice":81.79,"preClose":82.02,"latestTime":"06:41 EST","volume":617,"amount":50365.731595000005,"timestamp":1732621318634},"delay":0,"floatShares":53653576,"shares":60476526,"eps":1.958499,"marketStatus":"Pre-Market Trading","change":1.28,"latestTime":"11-26 06:57:38 EST","open":81.61,"high":83.17,"low":81.61,"amount":41688004.52296,"amplitude":0.019321,"askPrice":82.12,"askSize":100,"bidPrice":81.91,"bidSize":100,"shortable":3,"etf":0,"ttmEps":1.958499,"tradingStatus":1,"nextMarketStatus":{"tag":"Open","tradingStatus":2,"beginTime":1732631400000},"marketStatusCode":1,"adr":0,"adrRate":0,"listingDate":1100149200000,"exchange":"NYSE","adjPreClose":82.02,"dividendRate":0.005852,"preHourTrading":{"tag":"盘前","latestPrice":81.79,"preClose":82.02,"latestTime":"06:41 EST","volume":617,"amount":50365.731595000005,"timestamp":1732621318634},"postHourTrading":{"tag":"盘后","latestPrice":82.0216,"preClose":82.02,"latestTime":"16:20 EST","volume":42892,"amount":3518051.3474,"timestamp":1732569600524},"volumeRatio":1.2333951730951773,"impliedVol":0.3005,"impliedVolPercentile":0.2183},"requestUrl":"/m/hq/s/ORA/wiki","defaultTab":"wiki","newsList":[{"id":"2483861787","title":"Should Weakness in Orora Limited's (ASX:ORA) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?","url":"https://stock-news.laohu8.com/highlight/detail?id=2483861787","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483861787?lang=en_us&edition=fundamental","pubTime":"2024-11-14 07:00","pubTimestamp":1731538803,"startTime":"0","endTime":"0","summary":"Orora  has had a rough month with its share price down 4.2%. But if you pay close attention, you might find that its key financial indicators look quite decent, which could mean that the stock could potentially rise in the long-term given how markets usually reward more resilient long-term fundamentals. Specifically, we decided to study Orora's  ROE in this article.Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors’ money. Simply put, it is used to assess the profitability of a company in relation to its equity capital.Earnings growth is a huge factor in stock valuation. It’s important for an investor to know whether the market has priced in the company's expected earnings growth . This then helps them determine if the stock is placed for a bright or bleak future. One good indicator of expected earnings growth is the P/E ratio which determines the price the market is willing to pay for a stock based on its earnings prospects. So, ","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/99fpOF9hSvsoMr4zPi4pGw--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/65c4c58ffc9609b16d881252f1800f75","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/99fpOF9hSvsoMr4zPi4pGw--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/65c4c58ffc9609b16d881252f1800f75"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/weakness-orora-limiteds-asx-ora-230003114.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance_au","symbols":["LU2506952410.USD","BK7053","BK4133","ORA.AU","LU2506952337.HKD","LU1721428347.USD","LU2477742899.HKD","ORA"],"gpt_icon":0},{"id":"2483834880","title":"Ormat Technologies to Construct 101MW Geothermal Plant in New Zealand","url":"https://stock-news.laohu8.com/highlight/detail?id=2483834880","media":"Zacks","labels":["Company Corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483834880?lang=en_us&edition=fundamental","pubTime":"2024-11-13 23:31","pubTimestamp":1731511860,"startTime":"0","endTime":"0","summary":"Ormat Technologies, Inc. ORA recently announced that it has agreed to sign an Engineering, Procurement and Construction  contract with Contact Energy, involving geothermal energy. This contract, valued at $200 million, entails the development of the 101-megawatt  Te Mihi Stage 2 geothermal power plant in New Zealand.Te Mihi Stage 2 will gradually replace the outdated Wairakei geothermal station and is slated to be completed by mid-2027.Some other companies, which are increasing investments in geothermal generation and are expected to gain from the expanding global geothermal market, are discussed below.Baker Hughes Company BKR: It has been working on geothermal energy for more than 40 years, with projects in more than 30 countries around the world. The company has developed a prototype metal-to-metal mud motor with a mud-lubricated bearing assembly and a titanium transmission for harvesting energy from an enhanced geothermal system in Iceland.The company has a long-term  earnings growt","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/xr2703.o6gQQs.cj6B9k8g--~B/aD00MTM7dz02MjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/ccddba22efad55ad3a6ef5dc9f69623d","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/xr2703.o6gQQs.cj6B9k8g--~B/aD00MTM7dz02MjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/ccddba22efad55ad3a6ef5dc9f69623d"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/ormat-technologies-construct-101mw-geothermal-153100505.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"Company Corporation","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4566","LU1974910355.USD","BK4588","LU2506952337.HKD","LU2023250504.SGD","LU1721428347.USD","LU1917777945.USD","LU0256331488.USD","ORA","BK4585","IE0002270589.USD","BK4159","LU0048573561.USD","LU0154245756.USD","LU0742534661.SGD","IE00B7SZLL34.SGD","LU2506952410.USD","LU0251142724.SGD","LU2463526074.USD","HAL","LU2023250843.SGD","BK4096","IE00B19Z3581.USD","LU0251131958.USD","LU2477742899.HKD","LU1153585028.USD","LU0011850046.USD","BKR","BK4183","BK4179","IE00B19Z3B42.SGD","LU0154245673.USD","BK4133","EPC","FCEL","BK4541","LU2106854487.HKD","CAGR","LU0211331839.USD"],"gpt_icon":0},{"id":"2483062369","title":"Ormat Technologies awarded $200M EPC contract from Contact Energy","url":"https://stock-news.laohu8.com/highlight/detail?id=2483062369","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483062369?lang=en_us&edition=fundamental","pubTime":"2024-11-13 07:18","pubTimestamp":1731453520,"startTime":"0","endTime":"0","summary":"Ormat Technologies (ORA) announced that it has reached an understanding with Contact Energy to sign an Engineering, Procurement, and Construction, ...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/ormat-technologies-awarded-200m-epc-contract-from-contact-energy?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/ormat-technologies-awarded-200m-epc-contract-from-contact-energy?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["LU2506952410.USD","LU2506952337.HKD","LU2477742899.HKD","BK4183","BK4133","ORA","LU1721428347.USD","EPC"],"gpt_icon":0},{"id":"2483106613","title":"Ormat Technologies Inc - Epc Contract Valued at Approximately $200 Million","url":"https://stock-news.laohu8.com/highlight/detail?id=2483106613","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483106613?lang=en_us&edition=fundamental","pubTime":"2024-11-13 05:05","pubTimestamp":1731445509,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241112:nTUA8YJ0XT:2","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["LU2506952337.HKD","BK4133","LU2477742899.HKD","LU1721428347.USD","LU2506952410.USD","ORA"],"gpt_icon":0},{"id":"2483052545","title":"Ormat Technologies Announces Major Epc Contract With Contact Energy for 101Mw Geothermal Plant in New Zealand","url":"https://stock-news.laohu8.com/highlight/detail?id=2483052545","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483052545?lang=en_us&edition=fundamental","pubTime":"2024-11-13 05:05","pubTimestamp":1731445509,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241112:nTUA8YJ0XT:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4133","LU1721428347.USD","LU2477742899.HKD","LU2506952410.USD","LU2506952337.HKD","ORA"],"gpt_icon":0},{"id":"2483905275","title":"Ormat Technologies Announces Major EPC Contract With Contact Energy for 101MW Geothermal Plant in New Zealand","url":"https://stock-news.laohu8.com/highlight/detail?id=2483905275","media":"GlobeNewswire","labels":["Company Corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483905275?lang=en_us&edition=fundamental","pubTime":"2024-11-13 05:05","pubTimestamp":1731445500,"startTime":"0","endTime":"0","summary":"Expect Year End 2024 Product Segment Backlog to Exceed $300 MillionRENO, Nev., Nov.  12, 2024  (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA), a leading geothermal and renewable energy techn","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.globenewswire.com/news-release/2024/11/12/2979701/26372/en/Ormat-Technologies-Announces-Major-EPC-Contract-With-Contact-Energy-for-101MW-Geothermal-Plant-in-New-Zealand.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"Company Corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU2477742899.HKD","GRO","BK4183","LU2506952410.USD","ORA","BK4133","LU1721428347.USD","EPC","LU2506952337.HKD"],"gpt_icon":0},{"id":"2482070276","title":"Ormat Technologies Announces Successful Monetization of 40% Investment Tax Credit for Bottleneck Energy Storage Facility","url":"https://stock-news.laohu8.com/highlight/detail?id=2482070276","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2482070276?lang=en_us&edition=fundamental","pubTime":"2024-11-12 21:40","pubTimestamp":1731418800,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241112:nTUA1K6VKH:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["LU1721428347.USD","ORA","BK4133","LU2506952337.HKD","LU2506952410.USD","LU2477742899.HKD"],"gpt_icon":0},{"id":"2482288702","title":"Ormat Technologies Announces Successful Monetization of 40% Investment Tax Credit for Bottleneck Energy Storage Facility","url":"https://stock-news.laohu8.com/highlight/detail?id=2482288702","media":"GlobeNewswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2482288702?lang=en_us&edition=fundamental","pubTime":"2024-11-12 21:40","pubTimestamp":1731418800,"startTime":"0","endTime":"0","summary":"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) f","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.globenewswire.com/news-release/2024/11/12/2979215/26372/en/Ormat-Technologies-Announces-Successful-Monetization-of-40-Investment-Tax-Credit-for-Bottleneck-Energy-Storage-Facility.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU2506952337.HKD","LU2506952410.USD","ORA","BK4133","LU2477742899.HKD","LU1721428347.USD","GRO"],"gpt_icon":0},{"id":"2482733317","title":"Ormat Technologies Q3 Earnings Beat Estimates, Revenues Rise Y/Y","url":"https://stock-news.laohu8.com/highlight/detail?id=2482733317","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2482733317?lang=en_us&edition=fundamental","pubTime":"2024-11-11 21:09","pubTimestamp":1731330540,"startTime":"0","endTime":"0","summary":"Shares of Ormat Technologies Inc. ORA rose 1.5% to $83.13 on Nov. 8, 2024, following the company’s third-quarter 2024 results.Ormat reported third-quarter 2024 adjusted earnings per share of 42 cents, which beat the Zacks Consensus Estimate of 30 cents by 40%. However, the bottom line declined 10.6% from 47 cents in the year-ago quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The company reported GAAP earnings of 36 cents per share compared with 59 cents in the year-ago quarter.The year-over-year deterioration can be attributed to the absence of tax income that the company registered in the third quarter of 2023 due to changes in Kenya’s tax laws.Ormat Technologies, Inc. Price, Consensus and EPS Surprise. Ormat Technologies, Inc. price-consensus-eps-surprise-chart | Ormat Technologies, Inc. Quote","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/1VKaor.8d9bYcvO1nyOeow--~B/aD00MTM7dz02MjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/f6206b1433a2040570d7364e7915d0b5","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/1VKaor.8d9bYcvO1nyOeow--~B/aD00MTM7dz02MjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/f6206b1433a2040570d7364e7915d0b5"],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/ormat-technologies-q3-earnings-beat-130900804.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["ORA"],"gpt_icon":0},{"id":"2482594492","title":"J.P. Morgan Reaffirms Their Hold Rating on Ormat Techno (ORA)","url":"https://stock-news.laohu8.com/highlight/detail?id=2482594492","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2482594492?lang=en_us&edition=fundamental","pubTime":"2024-11-10 18:05","pubTimestamp":1731233114,"startTime":"0","endTime":"0","summary":"J.P. Morgan analyst Mark Strouse maintained a Hold rating on Ormat Techno (ORA – Research Report) on November 7 and set a price target of $76.00. T...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/j-p-morgan-reaffirms-their-hold-rating-on-ormat-techno-ora?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["rate"],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/j-p-morgan-reaffirms-their-hold-rating-on-ormat-techno-ora?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["ORA"],"gpt_icon":0},{"id":"2482428560","title":"Ormat Technologies, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next","url":"https://stock-news.laohu8.com/highlight/detail?id=2482428560","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2482428560?lang=en_us&edition=fundamental","pubTime":"2024-11-09 21:03","pubTimestamp":1731157405,"startTime":"0","endTime":"0","summary":"It's been a good week for Ormat Technologies, Inc.  shareholders, because the company has just released its latest quarterly results, and the shares gained 5.6% to US$83.13. Revenues of US$212m fell slightly short of expectations, but earnings were a definite bright spot, with statutory per-share profits of US$0.36 an impressive 27% ahead of estimates. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.Check out our latest analysis for Ormat Technologies. The biggest concern is that the analysts reduced their earnings per share estimates, suggesting business headwinds could lay ahead for Ormat Technologies.","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/9RllzDgUKmi3Qr9JRJlxFw--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/8127573fd47b26241f7e3bc3ebfa472d","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/9RllzDgUKmi3Qr9JRJlxFw--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/8127573fd47b26241f7e3bc3ebfa472d"],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/ormat-technologies-inc-just-beat-130325945.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["ORA"],"gpt_icon":0},{"id":"2482862480","title":"Ormat Technologies Price Target Raised to $92.00/Share From $87.00 by Roth MKM","url":"https://stock-news.laohu8.com/highlight/detail?id=2482862480","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2482862480?lang=en_us&edition=fundamental","pubTime":"2024-11-09 01:22","pubTimestamp":1731086520,"startTime":"0","endTime":"0","summary":"Ratings actions from Benzinga: https://www.benzinga.com/quote/ORA/analyst-ratings \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 08, 2024 12:22 ET (17:22 GMT)","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["ORA"],"gpt_icon":0},{"id":"2482484151","title":"Ormat Technologies: Growth Prospects Outpaced By Overvaluation","url":"https://stock-news.laohu8.com/highlight/detail?id=2482484151","media":"seekingalpha","labels":["analysis"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2482484151?lang=en_us&edition=fundamental","pubTime":"2024-11-09 00:40","pubTimestamp":1731084015,"startTime":"0","endTime":"0","summary":"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.Despite strong growth prospects, Ormat's market price appears overvalued based on DCF analysis and peer comparisons, leading to a “hold” rating.BDphoto/E+ via Getty Images  Ormat Technologies  ranks among the leading global players in geothermal power generation, with an installed capacity of, 1230MW as of September 2024. The company's revenue was stable between FY18 and FY21, while a very ambitious new business plan","market":"nz","thumbnail":"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/2017764931/image_2017764931.jpg","type":0,"news_type":0,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/2017764931/image_2017764931.jpg"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://seekingalpha.com/article/4734979-ormat-technologies-growth-prospects-outpaced-by-overvaluation","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"analysis","news_rank":0,"length":0,"strategy_id":0,"source":"seekingalpha","symbols":["ORA","LU2477742899.HKD","BK4133","LU1721428347.USD","LU2506952410.USD","LU2506952337.HKD"],"gpt_icon":0},{"id":"2482103489","title":"UBS Adjusts Price Target on Ormat Technologies to $106 From $102, Maintains Buy Rating","url":"https://stock-news.laohu8.com/highlight/detail?id=2482103489","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2482103489?lang=en_us&edition=fundamental","pubTime":"2024-11-09 00:24","pubTimestamp":1731083067,"startTime":"0","endTime":"0","summary":"Price: 83.19, Change: +0.14, Percent Change: +0.17","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["ORA"],"gpt_icon":0},{"id":"2481728251","title":"Q3 2024 Ormat Technologies Inc Earnings Call","url":"https://stock-news.laohu8.com/highlight/detail?id=2481728251","media":"Thomson Reuters StreetEvents","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481728251?lang=en_us&edition=fundamental","pubTime":"2024-11-08 20:49","pubTimestamp":1731070194,"startTime":"0","endTime":"0","summary":"Doron Blachar; Chief Executive Officer; Ormat Technologies Inc. Assaf Ginzburg; Chief Financial Officer; Ormat Technologies Inc. Justin Clare; Director, Research Analyst; Roth Capital Partners LLC. Good morning and welcome to the Ormat Technologies third-quarter 2024 earnings conference call.  Please note that this event is being recorded. I would now like to turn the conference over to Josh Carroll with Alpha IR. Please go ahead.Thank you, Josh and good morning, everyone. Thank you for joining us today. During the third quarter, Ormat continued to make significant progress towards achieving its long term growth targets while also delivering strong financial results. Our financial performance during the quarter was highlighted by 16.3% increase in adjusted EBITDA driven by the strength of our growing operating portfolio, solid operational performance and increased benefits","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/q3-2024-ormat-technologies-inc-124954452.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["ORA"],"gpt_icon":0},{"id":"2481127244","title":"An Intrinsic Calculation For Ormat Technologies, Inc. (NYSE:ORA) Suggests It's 34% Undervalued","url":"https://stock-news.laohu8.com/highlight/detail?id=2481127244","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481127244?lang=en_us&edition=fundamental","pubTime":"2024-11-08 18:44","pubTimestamp":1731062689,"startTime":"0","endTime":"0","summary":"Using the 2 Stage Free Cash Flow to Equity, Ormat Technologies fair value estimate is US$126. Current share price of US$83.05 suggests Ormat Technologies is potentially 34% undervalued. Analyst price target for ORA is US$82.57 which is 35% below our fair value estimate. Does the November share price for Ormat Technologies, Inc.  reflect what it's really worth?Today, we will estimate the stock's intrinsic value by taking the expected future cash flows and discounting them to their present value. We will take advantage of the Discounted Cash Flow  model for this purpose. Models like these may appear beyond the comprehension of a lay person, but they're fairly easy to follow.We would caution that there are many ways of valuing a company and, like the DCF, each technique has advantages and disadvantages in certain scenarios. For those who are keen learners of equity analysis, the Simply Wall St analysis model here may be something of interest to you.Check out our latest analysis for Ormat ","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/9RllzDgUKmi3Qr9JRJlxFw--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/8127573fd47b26241f7e3bc3ebfa472d","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/9RllzDgUKmi3Qr9JRJlxFw--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/8127573fd47b26241f7e3bc3ebfa472d"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/intrinsic-calculation-ormat-technologies-inc-104449663.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LU2506952337.HKD","BK4133","LU2506952410.USD","LU1721428347.USD","DCF","BK4211","FCF","ORA","LU2477742899.HKD","TV","BK4100","NYSE"],"gpt_icon":0},{"id":"2481018148","title":"Ormat Technologies Inc (ORA) Q3 2024 Earnings Call Highlights: Strategic Growth Amidst Revenue ...","url":"https://stock-news.laohu8.com/highlight/detail?id=2481018148","media":"GuruFocus.com","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481018148?lang=en_us&edition=fundamental","pubTime":"2024-11-08 15:21","pubTimestamp":1731050483,"startTime":"0","endTime":"0","summary":"Total Revenue: $211.8 million, an increase of 1.8% year-over-year.Electricity Segment Revenue: Increased by 4.7% to $164.6 million.Gross Profit: $58.9 million, down from $60 million in Q3 2023.Gross Margin: 27.8%, compared to 28.8% last year.Net Income: $22.1 million or $0.36 per diluted share, down from $35.5 million or $0.59 per diluted share in Q3 2023.Adjusted Net Income: $26.3 million or $0.42 per diluted share, compared to $28.2 million or $0.47 per diluted share last year.Adjusted EBITDA: $137.7 million, an increase of 16.3% from $118.3 million in the prior year period.Product Segment Revenue: Declined by 6.2% to $37.4 million.Electricity Segment Gross Margin: 30.2%, down from 31.8% last year.Net Debt: Approximately $2.2 billion, with a net debt to EBITDA ratio of 4.1 times.Cash and Cash Equivalents: $176.8 million as of September 30, 2024.GuruFocus has detected 10 Warning Signs with ORA.Ormat Technologies Inc  signed two tolling agreements in Texas and an agreement in Californi","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/o.WbHmllB0tVZrVJZxNHsQ--~B/aD0xMzU7dz0yMjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/us.finance.gurufocus/d1204f13ba1c5be4047b384a8d399dd6","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/o.WbHmllB0tVZrVJZxNHsQ--~B/aD0xMzU7dz0yMjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/us.finance.gurufocus/d1204f13ba1c5be4047b384a8d399dd6"],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/ormat-technologies-inc-ora-q3-072123436.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["ORA"],"gpt_icon":0},{"id":"2481519404","title":"Ormat Technologies Reports Strong Q3 2024 Results","url":"https://stock-news.laohu8.com/highlight/detail?id=2481519404","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481519404?lang=en_us&edition=fundamental","pubTime":"2024-11-08 12:20","pubTimestamp":1731039600,"startTime":"0","endTime":"0","summary":"Ormat Technologies ( ($ORA) ) has released its Q3 earnings. Here is a breakdown of the information Ormat Technologies presented to its investors. O...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/ormat-technologies-reports-strong-q3-2024-results?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/ormat-technologies-reports-strong-q3-2024-results?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["ORA","LU2477742899.HKD","LU2506952337.HKD","LU1721428347.USD","LU2506952410.USD","BK4133"],"gpt_icon":0},{"id":"2481175759","title":"Ormat Technologies Inc reports results for the quarter ended in September 30 - Earnings Summary","url":"https://stock-news.laohu8.com/highlight/detail?id=2481175759","media":"Reuters","labels":["express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481175759?lang=en_us&edition=fundamental","pubTime":"2024-11-07 12:58","pubTimestamp":1730955534,"startTime":"0","endTime":"0","summary":"* Ormat Technologies Inc    reported quarterly adjusted earnings of 36 cents per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 59 ce","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"express","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["ORA"],"gpt_icon":0},{"id":"2481092996","title":"Ormat Technologies (ORA) Q3 Earnings and Revenues Top Estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=2481092996","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2481092996?lang=en_us&edition=fundamental","pubTime":"2024-11-07 07:55","pubTimestamp":1730937311,"startTime":"0","endTime":"0","summary":"Ormat Technologies  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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 40%. A quarter ago, it was expected that this geothermal company would post earnings of $0.37 per share when it actually produced earnings of $0.40, delivering a surprise of 8.11%.Ormat Technologies , which belongs to the Zacks Alternative Energy - Other industry, posted revenues of $211.78 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 0.03%. This compares to year-ago revenues of $208.06 million. The company has topped consensus revenue estimates three times over the last four quarters.Ormat Technologies shares have added about 8% since the beginning of the year versus the S&P 500's gain of 21.2%.While Ormat Technologies has underperformed the market so ","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/CorpxfcSD3xaruoFanouDg--~B/aD00NzY7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/ace7df31c7fcb10255abe7c990ea373a","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/CorpxfcSD3xaruoFanouDg--~B/aD00NzY7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/ace7df31c7fcb10255abe7c990ea373a"],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/ormat-technologies-ora-q3-earnings-235511088.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BE","ORA"],"gpt_icon":0}],"profile":{"websiteUrl":"http://www.ormat.com","stockEarnings":[{"period":"1week","weight":0.033},{"period":"1month","weight":0.0399},{"period":"3month","weight":0.1027},{"period":"6month","weight":0.1214},{"period":"1year","weight":0.2343},{"period":"ytd","weight":0.0822}],"compareEarnings":[{"period":"1week","weight":0.0159},{"period":"1month","weight":0.0319},{"period":"3month","weight":0.0641},{"period":"6month","weight":0.1358},{"period":"1year","weight":0.3124},{"period":"ytd","weight":0.2571}],"compareStock":{"symbol":"SPY","name":"SPDR S&P 500 ETF Trust"},"description":"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. Ormat Technologies, Inc. was founded in 1965 and is headquartered in Reno, Nevada.","yearOnYearQuotes":[{"month":1,"riseRate":0.5,"avgChangeRate":0.013912},{"month":2,"riseRate":0.45,"avgChangeRate":-0.014277},{"month":3,"riseRate":0.6,"avgChangeRate":0.018986},{"month":4,"riseRate":0.45,"avgChangeRate":0.006915},{"month":5,"riseRate":0.7,"avgChangeRate":0.030421},{"month":6,"riseRate":0.55,"avgChangeRate":0.00128},{"month":7,"riseRate":0.5,"avgChangeRate":-0.000512},{"month":8,"riseRate":0.55,"avgChangeRate":0.00853},{"month":9,"riseRate":0.5,"avgChangeRate":-0.015274},{"month":10,"riseRate":0.6,"avgChangeRate":0.024214},{"month":11,"riseRate":0.5,"avgChangeRate":0.031909},{"month":12,"riseRate":0.5,"avgChangeRate":0.025616}],"exchange":"NYSE","name":"Ormat","nameEN":"Ormat"},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"pagemeta":{"title":"Ormat(ORA),Stock Price, Discussion, News, Quote & History - To The Moon - Tiger Brokers Online Investing Community","description":"Find the latest Ormat(ORA) stock quote, history, news, and investing ideas from To The Moon - Tiger Brokers Online Investing Community to stay on top of the markets.","keywords":"Ormat,ORA,Ormat股票,Ormat股票老虎,Ormat股票老虎国际,Ormat行情,Ormat股票行情,Ormat股价,Ormat股市,Ormat股票价格,Ormat股票交易,Ormat股票购买,Ormat股票实时行情,购买美股,购买港股,港股开户,美股开户,美股交易,港股交易,开通美港股账户,老虎国际行情","social":{"og_title":"Ormat(ORA),Stock Price, Discussion, News, Quote & History - To The Moon - Tiger Brokers Online Investing Community","og_description":"Find the latest Ormat(ORA) stock quote, history, news, and investing ideas from To The Moon - Tiger Brokers Online Investing Community to stay on top of the markets.","og_image":"https://community-static.tradeup.com/news/9b6dafd60190235ae8e2c95f52c583a0"}}}

Introduction