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Last $38.42 USD
Change Today -1.67 / -4.17%
Volume 182.3K
As of 8:04 PM 08/4/15 All times are local (Market data is delayed by at least 15 minutes).

ormat technologies inc (ORA) Snapshot

Open
$40.12
Previous Close
$40.09
Day High
$40.41
Day Low
$38.32
52 Week High
07/31/15 - $40.95
52 Week Low
08/6/14 - $24.15
Market Cap
1.9B
Average Volume 10 Days
111.5K
EPS TTM
$1.18
Shares Outstanding
48.8M
EX-Date
08/14/15
P/E TM
32.4x
Dividend
$0.24
Dividend Yield
0.62%
Current Stock Chart for ORMAT TECHNOLOGIES INC (ORA)

ormat technologies inc (ORA) Related Businessweek News

No Related Businessweek News Found

ormat technologies inc (ORA) Details

Ormat Technologies, Inc. engages in the geothermal and recovered energy power business worldwide. The company operates in two segments, Electricity and Product. The Electricity segment develops, builds, owns, and operates geothermal 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, including fossil fuel powered turbo-generators and heavy duty direct-current generators. It also 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 geothermal power plants, interstate natural gas pipelines, gas processing plants, and cement plants, as well as companies in other energy-intensive industrial processes. The company was founded in 1965 and is based in Reno, Nevada. Ormat Technologies, Inc. is a subsidiary of Ormat Industries Ltd.

1,095 Employees
Last Reported Date: 02/26/15
Founded in 1965

ormat technologies inc (ORA) Top Compensated Officers

Chief Executive Officer
Total Annual Compensation: $687.3K
Chief Financial Officer
Total Annual Compensation: $420.7K
Executive Vice President of Electricity Segme...
Total Annual Compensation: $304.7K
Executive Vice President of Market Developmen...
Total Annual Compensation: $297.7K
Executive Vice President of Engineering
Total Annual Compensation: $260.0K
Compensation as of Fiscal Year 2014.

ormat technologies inc (ORA) Key Developments

Ormat Technologies Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Reiterates Earnings Guidance for the Year 2015; Approves Quarterly Dividend Payable on September 2, 2015

Ormat Technologies Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported total revenues of USD 140.487 million compared to USD 127.603 million a year ago. Operating income was USD 38.643 million compared to USD 22.330 million a year ago. Income before income taxes and equity in losses of investees was USD 22.313 million compared to USD 14.394 million a year ago. Net income was USD 15.273 million compared to USD 9.313 million a year ago. Net income attributable to the Company's stockholders was USD 14.414 million compared to USD 9.136 million a year ago. Diluted net income per share was USD 0.28 compared to USD 0.20 a year ago. EBITDA was USD 64.539 million compared to USD 59.744 million a year ago. Adjusted EBITDA was USD 67.848 million compared to USD 61.821 million a year ago. Net cash provided by operating activities was USD 29.579 million compared to USD 35.503 million a year ago. For the six months, the company reported total revenues of USD 260.718 million compared to USD 270.039 million a year ago. Operating income was USD 68.494 million compared to USD 64.901 million a year ago. Income before income taxes and equity in losses of investees was USD 38.814 million compared to USD 42.700 million a year ago. Net income was USD 25.540 million compared to USD 31.102 million a year ago. Net income attributable to the Company's stockholders was USD 24.446 million compared to USD 30.688 million a year ago. Diluted net income per share was USD 0.49 compared to USD 0.67 a year ago. EBITDA was USD 121.888 million compared to USD 130.335 million a year ago. Adjusted EBITDA was USD 133.167 million compared to USD 135.254 million a year ago. Net cash provided by operating activities was USD 112.726 million compared to USD 103.579 million a year ago. The company reiterated 2015 revenue guidance and expect electricity segment revenues to be between USD 380.0 million and USD 390.0 million, and product segment revenues to be between USD 180.0 million and USD 190.0 million. The company reiterate 2015 Adjusted EBITDA guidance of USD 280.0 to USD 290.0 million for the full year, which is also impacted by current oil and natural gas prices. The company expects Northleaf’s annual portion of the adjusted EBITDA guidance to be approximately USD 14.0 million. The company's Board of Directors approved a payment of a quarterly dividend of USD 0.06 per share. The dividend will be paid on September 2, 2015 to shareholders of record as of the close of business on August 18, 2015. In addition, the company expects to pay quarterly dividends of USD 0.06 per share in the next quarter.

Ormat Technologies Inc. to Report Q2, 2015 Results on Aug 03, 2015

Ormat Technologies Inc. announced that they will report Q2, 2015 results at 5:00 PM, Eastern Standard Time on Aug 03, 2015

Ormat Technologies Inc., Q2 2015 Earnings Call, Aug 04, 2015

Ormat Technologies Inc., Q2 2015 Earnings Call, Aug 04, 2015

 

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Industry Analysis

ORA

Industry Average

Valuation ORA Industry Range
Price/Earnings 40.0x
Price/Sales 3.6x
Price/Book 2.2x
Price/Cash Flow 40.8x
TEV/Sales 1.5x
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