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Ormat Technologies (ORA)

(Delayed Data from NYSE)

$65.17 USD

65.17
357,220

+0.60 (0.93%)

Updated Apr 23, 2024 04:00 PM ET

After-Market: $65.15 -0.02 (-0.03%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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C Value C Growth F Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Top 33% (82 out of 252)

Industry: Alternative Energy - Other

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Balance Sheet

Research for ORA

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Ormat Technologies, Inc falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 288 227 387 537 153
Receivables 253 161 141 167 177
Notes Receivable 0 0 0 0 0
Inventories 45 23 28 35 35
Other Current Assets 60 46 46 40 51
Total Current Assets 646 457 602 779 416
Net Property & Equipment 3,814 3,387 3,016 2,578 2,348
Investments & Advances 125 116 106 98 81
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 153 161 143 119 130
Intangibles 398 424 453 219 206
Deposits & Other Assets 45 40 79 67 38
Total Assets 5,208 4,612 4,426 3,889 3,250
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 215 149 143 153 142
Current Portion Long-Term Debt 294 166 376 79 226
Current Portion Capital Leases 1 2 3 3 3
Accrued Expenses 0 0 0 0 0
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 24 25 20 11 3
Total Current Liabilities 537 344 544 249 376
Mortgages 0 0 0 0 0
Deferred Taxes/Income 67 83 85 88 98
Convertible Debt 0 0 0 0 0
Long-Term Debt 1,569 1,619 1,280 1,377 1,012
Non-Current Capital Leases 2 2 4 9 11
Other Non-Current Liabilities 562 512 488 202 214
Minority Interest (Liabilities) 11 10 9 10 9
Total Liabilities 2,767 2,591 2,427 1,948 1,735
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 1,615 1,259 1,272 1,262 913
Retained Earnings 720 624 585 550 488
Other Equity 124 156 141 129 114
Treasury Stock 18 18 0 0 0
Total Shareholder's Equity 2,441 2,021 1,998 1,941 1,515
Total Liabilities & Shareholder's Equity 5,208 4,612 4,426 3,889 3,250
Total Common Equity 2,441 2,021 1,998 1,941 1,515
Shares Outstanding 60.30 56.00 56.00 55.80 50.90
Book Value Per Share 40.48 36.09 35.69 34.79 29.77

Fiscal Year End for Ormat Technologies, Inc falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 288 186 395 522
Receivables NA 253 203 184 181
Notes Receivable NA 0 0 0 0
Inventories NA 45 45 38 45
Other Current Assets NA 60 82 69 63
Total Current Assets NA 646 516 686 811
Net Property & Equipment NA 3,814 3,725 3,551 3,447
Investments & Advances NA 125 128 126 119
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 153 166 166 156
Intangibles NA 398 404 411 418
Deposits & Other Assets NA 45 44 42 37
Total Assets NA 5,208 5,011 5,011 5,015
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 35 0 0
Accounts Payable NA 215 228 175 173
Current Portion Long-Term Debt NA 294 166 170 174
Current Portion Capital Leases NA 1 1 2 2
Accrued Expenses NA 0 0 0 0
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 24 107 34 40
Total Current Liabilities NA 537 540 383 391
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 67 61 75 79
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 1,569 1,546 1,598 1,668
Non-Current Capital Leases NA 2 3 3 3
Other Non-Current Liabilities NA 427 515 509
Minority Interest (Liabilities) NA 11 10 10 9
Total Liabilities NA 2,767 2,606 2,604 2,678
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 0 0 0 0
Capital Surplus NA 1,615 1,611 1,609 1,560
Retained Earnings NA 720 691 663 646
Other Equity NA 124 121 152 148
Treasury Stock NA 18 18 18 18
Total Shareholder's Equity NA 2,441 2,405 2,407 2,337
Total Liabilities & Shareholder's Equity NA 5,208 5,011 5,011 5,015
Total Common Equity 0 2,441 2,405 2,407 2,337
Shares Outstanding 60.40 60.30 60.20 59.70 56.10
Book Value Per Share 0.00 40.48 39.95 40.32 41.66