After Hours
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.
Stocks Info
Ormat Technologies Inc is listed on the NYSE as a member of the Utilities sector and is a part of the Utilities – Renewable industry. The current market capitalization of Ormat Technologies Inc is $4.71B. A total of 0.6 million shares were traded on the day, compared to an average of 343.47K shares.
In the most recent transaction, Wong Byron G. sold 1,266 shares of ORA for 74.98 per share on Sep 20 ’24. After the transaction, the Director now owns 6,906 company shares. In a previous transaction on Sep 20 ’24, Wong Byron G. bought 1,266 shares at 74.98 per share.
Among the insiders who sold shares, SHARIR DAFNA disposed of 433 shares on Aug 23 ’24 at a per-share price of $74.91. This resulted in the Director holding 3,561 shares of ORA after the transaction. In another insider transaction, SHARIR DAFNA bought 433 shares at $74.91 per share on Aug 23 ’24.
Dividend
It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Ormat Technologies Inc pays an annual dividend of $0.48, resulting in a dividend yield of 0.62%, and it has a price to earnings (P/E) ratio of 35.79. ORA’s most recent ex-dividend date was 8/20/2024 when it declared a $0.12 quarterly dividend that was paid in cash on 9/3/2024. Previously, the company paid the dividend on 6/5/2024 with an ex-dividend date of 5/21/2024. The ORA stock dividend was $0.12 per share in cash.
Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, ORA has a high of $80.53 and a low of $58.73.
Balance Sheet Annually/Quarterly
A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. ORA’s latest balance sheet shows that the firm has $282.62M in Cash & Short Term Investments as of fiscal 2021. There were $1.93B in debt and $544.16M in liabilities at the time. Its Book Value Per Share was $39.22, while its Total Shareholder’s Equity was $2.01B.
Analysts Opinion
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ORA is Buy with a score of 3.86.
