Ormat Technologies is a holding company. Through its subsidiaries, Co. is engaged in the geothermal and recovered energy power businesses. Co.'s electricity segment develops, builds, owns and operates geothermal, solar photovoltaic and recovered energy-based and geothermal power plants. Co.'s product segment designs, manufactures and sells equipment for geothermal and recovered energy-based electricity generation and remote power units and provides related services to those power plants. Co.'s energy storage segment provides energy storage, related services as well as services relating to the engineering, procurement, construction, operation and maintenance of energy storage units. The ORA stock yearly return is shown above.
The yearly return on the ORA stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2019 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the ORA annual return calculation with any dividends reinvested as applicable (on ex-dates).
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