Ormat Technologies Stock News

TTE vs. ORA: Which Stock Is the Better Value Option?

Ormat Technologies (ORA) reported earnings 30 days ago. What's next for the stock?

TTE vs. ORA: Which Stock Is the Better Value Option?

A Relative Strength Rating upgrade for Ormat Technologies shows improving technical performance.

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Ormat Technologies (ORA) declares $0.12/share quarterly dividend, in line with previous

RENO, Nev., Feb. 28, 2022 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA), a leading geothermal, energy storage, solar PV and recovered energy power company, today announced that its 40 MW Heber 1 geothermal power plant, located in California, reported an outage following a fire on Friday, February 25 th at approximately 11:45 pm PST that caused damage primarily to the steam turbine-generator area. The Heber 1 power plant is part of the 81 MW Heber complex and sells its electricity under a long-term contract with the Southern California Public Power Authority.

Ormat Technologies, Inc. (ORA) CEO Doron Blachar on Q4 2021 Results - Earnings Call Transcript

Ormat Technologies press release (NYSE:ORA): Q4 Non-GAAP EPS of $0.41 beats by $0.09.Revenue of $190.99M (+6.5% Y/Y) beats by $8.91M.

2022 Outlook Reflects Meaningful Revenues and Adjusted EBITDA Growth 2022 Outlook Reflects Meaningful Revenues and Adjusted EBITDA Growth

Ormat Technologies (NYSE:ORA) is scheduled to announce Q4 earnings results on Wednesday, February 23rd, after market close.The consensus EPS Estimate is $0.37 (-5.1% Y/Y) and the

Many investors have given up on renewable energy stocks. That creates some opportunities to buy sector leaders at discounted prices.

Ormat Technologies Inc (ORA) shares closed today at 0.6% above its 52 week low of $63.38, giving the company a market cap of $3B. The stock is currently down 15.9% year-to-date, down 40.9% over the past 12 months, and up 26.9% over the past five years. This week, the Dow Jones Industrial Average fell 2.5%, and the S&P 500 fell 4.1%. Trading Activity Trading volume this week was 148.7% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.3. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Utilities industry sector , lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by 94.2% The company's stock price performance over the past 12 months lags the peer average by -3788.9% The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 180.4% higher than the average peer. This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

RENO, Nev., Jan. 26, 2022 (GLOBE NEWSWIRE) -- Ormat Technologies Inc. (NYSE: ORA), a leading vertically integrated geothermal energy and recovered energy power company businesses, today announced that