Texas to Adopt New Currency?
As you'll see, the political elite in Texas are backing this new currency to the hilt. One law allows businesses to accept this new currency, the same as if you were paying by cash or with a credit card. So, what is Texas' new currency? And what do you need to do immediately to prepare?

Open | 72.99 | Prev Close | 72.93 |
High | 73.11 | Low | 70.63 |
Volume | 473,452 | Volume (Avg) | 676 |
52 Week High | 84.17 | 52 Week Low | 59.12 |
Market Cap | 4.3B | PE Ratio | 34.88 |
General
Name | Ormat Technologies Inc |
Ticker | ORA |
Exchange | NYSE |
Sector | Utilities |
Industry | Utilities - Renewable |
Currency | USD |
Country | USA |
Fiscal Year End | December |
Full Time Employees | 1,512 |
About Ormat Technologies Inc
Ormat Technologies, Inc. engages in the geothermal and recovered energy power business in the United States, Indonesia, Kenya, Turkey, Chile, Guatemala, Guadeloupe, New Zealand, Honduras, France, Indonesia, the Philippines, and internationally. It operates through three segments: Electricity, Product, and Energy Storage. The Electricity segment develops, builds, owns, and operates geothermal, solar photovoltaic, and recovered energy-based power plants; and sells electricity. The Product segment designs, manufactures, and sells equipment for geothermal and recovered energy-based electricity generation; and provides services relating to the engineering, procurement, and construction of geothermal and recovered energy-based power plants. The Energy Storage segment provides battery energy storage systems and related services. The company serves contractors, geothermal plant owners and operators, interstate natural gas pipeline owners and operators, gas processing plant owners and operators, cement plant owners and operators, and biomass facilities owners and operators, as well as other companies engaged in energy-intensive industrial processes. Ormat Technologies, Inc. was founded in 1965 and is headquartered in Reno, Nevada.
Highlights
Analyst Target | 83.00 |
Market Cap | 4,301,600,000 |
PE Ratio | 34.88 |
PEG Ratio | 3.49 |
EBITDA | 440,640,000 |
Valuation
Trailing PE | 34.85 |
Forward PE | 34.84 |
Price/Sales (Trailing 12 Mt.) | 4.89 |
Price/Book (Most Recent Quarter) | 1.82 |
Technicals
Beta | 0.51 |
52 Week High | 84.17 |
52 Week Low | 59.12 |
50 Day Average | 6.44% |
200 Day Average | -3.11% |
Dividend
Ormat Technologies Inc pays out a dividend of $0.48 per share, with a dividend yield of 0.68%.
ORA's next dividend payment will be made to shareholders on March 26, 2025.
They pay out 23.58% of their earnings out as a dividend.
Recent Dividends
Dec 4, 2024 | $0.12 |
Sep 3, 2024 | $0.12 |
Jun 5, 2024 | $0.12 |
Mar 20, 2024 | $0.12 |
Dec 6, 2023 | $0.12 |
Aug 30, 2023 | $0.12 |
Jun 6, 2023 | $0.12 |
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