ORA's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 1,190.6 -- higher than 96.87% of US-listed equities with positive expected earnings growth.
The ratio of debt to operating expenses for Ormat Technologies Inc is higher than it is for about 96.2% of US stocks.
The volatility of Ormat Technologies Inc's share price is greater than that of only 9.28% US stocks with at least 200 days of trading history.
Stocks that are quantitatively similar to ORA, based on their financial statements, market capitalization, and price volatility, are TRN, CVI, CTO, MERC, and HTGC.
Ormat Technologies designs, develops, builds, owns and operates geothermal and recovered energy-based power plants. The Company's equipment manufacturing operations are located in Israel. The company was founded in 1965 and is based in Reno, Nevada.
Ormat Technologies, Inc. (ORA) is pleased to announce that it has concluded an auction tender and accepted subscriptions for NIS 1.0 billion aggregate principal amount of senior unsecured bonds (the "Bonds"). Ormat will issue the Bonds in an unregistered offering outside the United States to investors who are not "U.S. persons", as such term is defined in Regulation S under the Securities Act of 1933, as amended (the "Securities Act"), and otherwise subject to the requirements of Regulation S. Completion of the issuance of the Bonds is expected to be in the first week of July 2020. The Bonds will mature in June 2031 and bear, prior to the Swap, a fixed interest rate of 3.35% per annum, payable semi-annually starting December 2020.
We at Insider Monkey have gone over 821 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds' and investors' portfolio positions as of March 31st, near the height of the coronavirus market crash. In this article, we look at what those funds think […]
Ormat Technologies Inc. (ORA) announced that the enhancement of its Steamboat Hills geothermal power plant located near Reno, Nevada is complete and achieved commercial operation on June 6, 2020. Enhancement work included the replacement of all old generating unit equipment with new, state-of-the-art equipment and resource modifications that increased the generating capacity of the Steamboat complex by approximately 19 MW to a total of 84 MW. The new equipment will increase the productivity and efficiency of the power plant and is expected to reduce maintenance costs per kWh.