On 2016-08-04, Ormat Technologies, Inc. (NYSE:ORA) confirmed the dividend disbursement of $0.07 a share to shareholders as on record 2016-08-16. The firm will release dividend on 2016-08-30 while ex-dividend date is reported to be 2016-08-12.
The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Ormat Technologies, Inc. (NYSE:ORA) paid a total of $0.07 per share in dividends. This figure stood at $0.07 a share in the same period a year ago indicating a deviation of 23.8095%.
Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $45.333 on the stock. This figure is the average of recommendations offered by 3 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $54 and $40, respectively.
Taking the mathematical rating formula, the price for Ormat Technologies, Inc. (NYSE:ORA) stands at 3. Earnings Review Ormat Technologies, Inc. (NYSE:ORA) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-01. For the period ending on 2016-09-30, experts are expecting EPS of $0.51.
Coming to the quarter ending on 2015-12-31, Ormat Technologies, Inc. (NYSE:ORA) recorded EPS of $0.49. The reported numbers came lower than the analysts’ estimates of $0.42, demonstrating a miss of $0.07 as against reported figures.
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