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Ormat Technologies, Inc. (ORA)

Utilities | Utilities - Renewable | Reno, United States | NYSE
103.04 USD -1.89 (-1.801%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 102.00 -1.04 (-1.040%) ⇩ (Aug. 28, 2026, 7:30 p.m. EDT)

Short-term:★★★☆☆Long-term:★★⯪☆☆Dividends:★★⯪☆☆
Hot Take | Aug. 22, 2026, 2:42 a.m. EDT

Ormat presents a classic case of a business with strong revenue momentum but struggling capital efficiency. Over the past nine years, the stock has nearly doubled in value, driven by a recent year-over-year price surge of over 30 percent, yet the underlying fundamentals tell a more complex story. Return on equity sits at a modest 4.8 percent and free cash flow is currently negative, which prevents this from being a top-tier buy-and-hold candidate despite the impressive price history. The valuation is steep, trading at over 50 times trailing earnings, which leaves little room for error if growth slows. On the short end, technicals are lagging behind the 50-day and 200-day moving averages, yet the recent bounce from the August lows and analyst price targets suggest a slight upward bias for the coming months. The dividend is a minor perk rather than a core income driver, offering a sub-one percent yield that is safe but unremarkable. Investors should view this as a speculative growth play within the utilities sector rather than a stable income vehicle.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.204882
AutoARIMA0.207398
AutoETS0.207399
AutoTheta0.268201

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 42%
H-stat 4.60
Ljung-Box p 0.000
Jarque-Bera p 0.200
Excess Kurtosis -0.25
Attribute Value
Sector Utilities
Ex Dividend Date 2026-08-18
Last Dividend Date 2026-08-18
Debt to Equity Ratio 124.336
Revenue per Share 19.481
Market Cap 6,336,644,608
Trailing P/E 50.51
Forward P/E 38.86
Beta 0.90
Profit Margins 10.66%
Website https://www.ormat.com

As of Aug. 22, 2026, 2:42 a.m. EDT: Speculators are positioning for upside moves well above current prices, with significant open interest walls at the 160 and 170 strikes for December 2026 expiration, suggesting a target range for a rally. Conversely, put buyers are heavily concentrated near the money (105 to 120 strikes), creating a defensive floor around current levels. Implied volatility is notably elevated on far-out-of-the-money calls, indicating a belief in a potential sharp spike or event-driven move, while put implied volatility remains relatively lower.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.11% 0.42% 0.58% 0.58%
Dividend History
Date Dividend Yield %
2026-08-19 0.12 0.108774
2026-05-20 0.12 0.091061
2026-03-10 0.12 0.108264
2025-11-17 0.12 0.111483
2025-08-20 0.12 0.130039
2025-05-21 0.12 0.164926
2025-03-12 0.12 0.168776
2024-11-20 0.12 0.151172
2024-08-20 0.12 0.164880
2024-05-21 0.12 0.166159
2024-03-05 0.12 0.186018
2023-11-21 0.12 0.182482
2023-08-15 0.12 0.156556
2023-05-22 0.12 0.141509
2023-03-07 0.12 0.137315
2022-11-15 0.12 0.121224
2022-08-16 0.12 0.125379
2022-05-13 0.12 0.161421
2022-03-08 0.12 0.154281
2021-11-16 0.12 0.150451
2021-08-17 0.12 0.178121
2021-05-17 0.12 0.183655
2021-03-10 0.12 0.140154
2020-11-17 0.11 0.133722
2020-08-17 0.11 0.183089
2020-05-20 0.11 0.155741
2020-03-11 0.11 0.175859
2019-11-19 0.11 0.143659
2019-08-19 0.11 0.149823
2019-05-17 0.11 0.182937
2019-03-13 0.11 0.199673
2018-11-19 0.10 0.190840
2018-08-20 0.10 0.192604
2018-05-18 0.10 0.189753
2018-03-13 0.23 0.418867
2017-11-20 0.08 0.127065
2017-08-11 0.08 0.142526
2017-05-18 0.08 0.141418
2017-03-13 0.17 0.298193
2016-11-17 0.07 0.151025
2016-08-12 0.07 0.147028
2016-05-16 0.07 0.163934
2016-03-11 0.31 0.757761
2015-11-16 0.06 0.166852
2015-08-14 0.06 0.156699
2015-05-15 0.06 0.158520
2015-03-12 0.08 0.216333
2014-11-18 0.05 0.182749
2014-08-15 0.05 0.190186
2014-05-19 0.05 0.175623
2014-03-11 0.06 0.211268
2013-11-18 0.04 0.154381
2013-08-15 0.04 0.163465
2012-08-10 0.04 0.203666
2012-05-17 0.04 0.193330
2011-08-12 0.04 0.230150
2011-05-16 0.04 0.171821
2011-03-11 0.05 0.214869
2010-11-15 0.05 0.185874
2010-08-13 0.05 0.184638
2010-05-14 0.05 0.166834
2010-03-12 0.12 0.398804
2009-11-16 0.06 0.146771
2009-08-14 0.06 0.157150
2009-05-18 0.06 0.160514
2009-03-12 0.07 0.278441
2008-11-17 0.05 0.175685
2008-08-15 0.05 0.104844
2008-05-16 0.05 0.099980
2008-03-12 0.05 0.116713
2007-11-26 0.05 0.105887
2007-08-20 0.05 0.112435
2007-05-18 0.05 0.144886
2007-03-19 0.07 0.179028
2006-11-28 0.04 0.110223
2006-08-21 0.04 0.109051
2006-05-19 0.04 0.111732
2006-03-24 0.03 0.073082
2005-11-25 0.03 0.127119
2005-08-18 0.03 0.148148
2005-05-19 0.03 0.184615
2005-03-31 0.03 0.191571
Additional Data
dividendRate 0.48
dividendYield 0.46
exDividendDate 2026-08-19
trailingAnnualDividendRate 0.48
trailingAnnualDividendYield 0.004574478
lastDividendValue 0.12
lastDividendDate 2026-08-19
dividendDate 2026-09-02

Info Dump

Attribute Value
52 Week Change 0.15345716
Address1 6,884 Sierra Center Parkway
All Time High 146.39
All Time Low 13.88
Ask 111.6
Ask Size 100
Audit Risk 2
Average Analyst Rating 2.1 - Buy
Average Daily Volume10 Day 577,670
Average Daily Volume3 Month 857,245
Average Volume 857,245
Average Volume10Days 577,670
Beta 0.895
Bid 99.63
Bid Size 300
Board Risk 3
Book Value 42.239
City Reno
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 4
Country United States
Crypto Tradeable 0
Currency USD
Current Price 103.04
Current Ratio 1.046
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 104.6151
Day Low 102.34
Debt To Equity 124.336
Display Name Ormat
Dividend Date 1,788,307,200
Dividend Rate 0.48
Dividend Yield 0.46
Earnings Call Timestamp End 1,786,024,800
Earnings Call Timestamp Start 1,786,024,800
Earnings Growth -0.065
Earnings Quarterly Growth -0.034
Earnings Timestamp 1,785,960,000
Earnings Timestamp End 1,793,822,400
Earnings Timestamp Start 1,793,822,400
Ebitda 526,014,016
Ebitda Margins 0.44261003
Enterprise To Ebitda 17.834
Enterprise To Revenue 7.894
Enterprise Value 9,381,065,728
Eps Current Year 2.62415
Eps Forward 2.65162
Eps Trailing Twelve Months 2.04
Esg Populated 0
Ex Dividend Date 1,787,097,600
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 775 356 9039
Fifty Day Average 109.0554
Fifty Day Average Change -6.015396
Fifty Day Average Change Percent -0.05515909
Fifty Two Week Change Percent 15.345716
Fifty Two Week High 146.39
Fifty Two Week High Change -43.35
Fifty Two Week High Change Percent -0.29612678
Fifty Two Week Low 89.08
Fifty Two Week Low Change 13.959999
Fifty Two Week Low Change Percent 0.15671305
Fifty Two Week Range 89.08 - 146.39
Financial Currency USD
First Trade Date Milliseconds 1,100,183,400,000
Five Year Avg Dividend Yield 0.59
Float Shares 58,355,677
Forward Eps 2.65162
Forward P E 38.859264
Free Cashflow -318,099,008
Full Exchange Name NYSE
Full Time Employees 1,648
Fullday Change -1.89
Fullday Change Percent -1.8012
Fullday Price 102.0
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.2793
Gross Profits 331,929,984
Has Pre Post Market Data 1
Held Percent Insiders 0.00418
Held Percent Institutions 0.92227995
Implied Shares Outstanding 61,496,941
Industry Utilities - Renewable
Industry Disp Utilities - Renewable
Industry Key utilities-renewable
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,787,097,600
Last Dividend Value 0.12
Last Fiscal Year End 1,767,139,200
Long Business Summary 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, France, Indonesia, the Philippines, 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 and recovered energy-based electricity generation; and provides services relating to the engineering, procurement, and construction of geothermal and recovered energy-based power plants. The Energy Storage segment owns and operates grid-connected, stand alone In Front of the Meter (IFM) battery energy storage BESS facilities, which provide capacity, energy, and ancillary services directly to the electric grid. The company serves contractors, geothermal plant owners and operators, interstate natural gas pipeline owners and operators, gas processing plant owners and operators, cement plant owners and operators, and biomass facilities owners and operators, as well as other companies engaged in energy-intensive industrial processes. Ormat Technologies, Inc. was founded in 1965 and is headquartered in Reno, Nevada.
Long Name Ormat Technologies, Inc.
Market us_market
Market Cap 6,336,644,608
Market State CLOSED
Max Age 86,400
Message Board Id finmb_4306112
Most Recent Quarter 1,782,777,600
Net Income To Common 126,644,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 6,452,874,019
Number Of Analyst Opinions 12
Open 104.93
Operating Cashflow 279,385,984
Operating Margins 0.13597
Overall Risk 2
Payout Ratio 0.2353
Peg Ratio 5.31
Phone 775 356 9029
Post Market Change -1.0400009
Post Market Change Percent -1.0093176
Post Market Price 102.0
Post Market Time 1,787,959,804
Previous Close 104.93
Price Eps Current Year 39.26605
Price Hint 2
Price To Book 2.4394517
Price To Sales Trailing12 Months 5.33191
Profit Margins 0.10656
Quick Ratio 0.791
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 2.07692
Region US
Regular Market Change -1.89
Regular Market Change Percent -1.8012
Regular Market Day High 104.6151
Regular Market Day Low 102.34
Regular Market Day Range 102.34 - 104.6151
Regular Market Open 104.93
Regular Market Previous Close 104.93
Regular Market Price 103.04
Regular Market Time 1,787,947,202
Regular Market Volume 412,987
Return On Assets 0.02042
Return On Equity 0.04778
Revenue Growth 0.106
Revenue Per Share 19.481
Sand P52 Week Change 0.20504117
Sector Utilities
Sector Disp Utilities
Sector Key utilities
Share Holder Rights Risk 3
Shares Outstanding 61,496,941
Shares Percent Shares Out 0.090299994
Shares Short 5,555,424
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 5,183,468
Short Name Ormat Technologies, Inc.
Short Percent Of Float 0.1047
Short Ratio 6.3
Source Interval 15
State NV
Symbol ORA
Target High Price 157.0
Target Low Price 112.0
Target Mean Price 132.83333
Target Median Price 130.0
Total Cash 513,747,008
Total Cash Per Share 8.354
Total Debt 3,411,760,896
Total Revenue 1,188,438,016
Tradeable 0
Trailing Annual Dividend Rate 0.48
Trailing Annual Dividend Yield 0.004574478
Trailing Eps 2.04
Trailing P E 50.509804
Trailing Peg Ratio 5.2465
Triggerable 1
Two Hundred Day Average 115.68105
Two Hundred Day Average Change -12.641052
Two Hundred Day Average Change Percent -0.10927504
Type Disp Equity
Volume 412,987
Website https://www.ormat.com
Zip 89,511-2210