-0.82%
6.36%
-1.34%
-17.94%
-17.05%
22.79%
41.46%
AI Spotlight on OTTR
Company Description
Otter Tail Corporation, together with its subsidiaries, engages in electric utility, manufacturing, and plastic pipe businesses in the United States.The company's Electric segment produces, transmits, distributes, and sells electric energy in Minnesota, North Dakota, and South Dakota; and operates as a participant in the Midcontinent Independent System Operator, Inc.markets.
This segment generates electricity through coal, wind and hydro, and natural gas.It serves approximately 133,000 residential, industrial, and other commercial customers.Its Manufacturing segment engages in the contract machining, metal parts stamping, fabrication and painting, and production of plastic thermoformed horticultural containers, life science and industrial packaging, and material handling components, and extruded raw material stock for recreational vehicle, agricultural, construction, lawn and garden, and industrial and energy equipment industries.
It also manufactures clamshell packing, blister packs, returnable pallets, and handling trays for shipping and storing odd-shaped or difficult-to-handle parts for customers in the horticulture, medical and life sciences, industrial, recreation, and electronics industries.The company's Plastics segment manufactures polyvinyl chloride pipes for municipal water, rural water, wastewater, storm drainage and water reclamation system, and other uses.This segment markets its products to wholesalers and distributors through independent sales representatives, company salespersons, and customer service representatives.
The company was formerly known as Otter Tail Power Company and changed its name to Otter Tail Corporation in 2001.Otter Tail Corporation was founded in 1907 and is headquartered in Fergus Falls, Minnesota.
Market Data
| Last Price | 77.04 |
| Change Percentage | -0.82% |
| Open | 77.42 |
| Previous Close | 77.68 |
| Market Cap ( Millions) | 3222 |
| Volume | 253612 |
| Year High | 100.84 |
| Year Low | 71.66 |
| M A 50 | 77.31 |
| M A 200 | 83.33 |
Financial Ratios
| FCF Yield | 2.85% |
| Dividend Yield | 2.43% |
| ROE | 19.84% |
| Debt / Equity | 61.90% |
| Net Debt / EBIDTA | 142.28% |
| Price To Book | 1.97 |
| Price Earnings Ratio | 10.57 |
| Price To FCF | 35.12 |
| Price To sales | 2.4 |
| EV / EBITDA | 7.69 |
News
- Jan -28 - Otter Tail Corporation Will Host Conference Call on 2024 Financial Results
- Dec -30 - Otter Tail Power Company Completes Rate Review in North Dakota
- Dec -17 - Here's Why Otter Tail (OTTR) is Poised for a Turnaround After Losing -5.26% in 4 Weeks
- Dec -16 - 4 Utility Stocks Ready to Continue Their Winning Streaks in 2025
- Dec -09 - Otter Tail Power Company Advances Plans to Add 345 Megawatts of Solar
- Nov -05 - Otter Tail Corporation (OTTR) Q3 2024 Earnings Call Transcript
- Nov -05 - Otter Tail (OTTR) Q3 Earnings Top Estimates
- Nov -04 - Otter Tail Corporation Announces Third Quarter Earnings, Increases Consolidated 2024 Annual Earnings Guidance
- Oct -28 - Earnings Preview: Otter Tail (OTTR) Q3 Earnings Expected to Decline
- Oct -15 - Otter Tail Corporation Will Host Conference Call on Third Quarter 2024 Financial Results
- Aug -06 - Otter Tail Corporation (OTTR) Q2 2024 Earnings Call Transcript
- Jul -23 - Otter Tail Corporation: Currently Benefiting From Unsustainable Trends
- Jul -16 - Otter Tail Corporation Will Host Conference Call on Second Quarter 2024 Financial Results
- May -31 - Otter Tail Power Company receives Minnesota Public Utilities Commission approval on Integrated Resource Plan
- May -20 - Charles Schwab Investment Management Inc. Sells 10,160 Shares of Otter Tail Co. (NASDAQ:OTTR)
- May -06 - Otter Tail Corporation Announces First Quarter Earnings and Increases 2024 Annual Earnings Guidance
- May -03 - Otter Tail Corporation Declares Quarterly Dividend
- Apr -16 - Otter Tail Corporation Will Host Conference Call on First Quarter 2024 Financial Results
- Feb -13 - Otter Tail Corporation (OTTR) Q4 2023 Earnings Call Transcript
- Feb -12 - Otter Tail Corporation Announces Record Annual Earnings, Increases Quarterly Dividend, and Announces 2024 Earnings Guidance
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Electric
Expected Growth : 4.0 %
What the company do ?
Electric from Otter Tail Corporation provides reliable and efficient electricity services to residential, commercial, and industrial customers in Minnesota.
Why we expect these perspectives ?
Otter Tail Corporation's Electric segment growth is driven by increasing demand for renewable energy, grid modernization, and infrastructure upgrades. Additionally, the company's focus on transmission and distribution investments, as well as its efforts to improve operational efficiency, contribute to the 4.0% growth rate.
Segment n°2 -> Plastics
Expected Growth : 2.5 %
What the company do ?
Plastics from Otter Tail Corporation refers to the production of various plastic materials and products, including PVC compounds, vinyl, and other specialty resins.
Why we expect these perspectives ?
Otter Tail Corporation's Plastics segment growth of 2.5% is driven by increasing demand for packaging materials, growth in e-commerce, and rising adoption of sustainable packaging solutions. Additionally, the company's focus on product innovation, operational efficiency, and strategic acquisitions also contribute to the segment's growth.
Segment n°3 -> Manufacturing
Expected Growth : 3.5 %
What the company do ?
Manufacturing from Otter Tail Corporation involves producing metal components, assemblies, and fabricated metal products for various industries, including aerospace, defense, and industrial markets.
Why we expect these perspectives ?
Otter Tail Corporation's 3.5% growth in manufacturing is driven by increasing demand for electrical infrastructure, renewable energy solutions, and industrial automation. Additionally, strategic acquisitions, operational efficiencies, and a strong backlog of projects contribute to the segment's growth. Furthermore, investments in research and development, and a focus on innovation, enable the company to capitalize on emerging trends and opportunities.
Otter Tail Corporation Products
| Product Range | What is it ? |
|---|---|
| Electricity | Generation, transmission, and distribution of electricity to residential, commercial, and industrial customers |
| Manufactured Products | Design, manufacture, and sale of metal parts and assemblies for the recreational vehicle, automotive, and industrial markets |
| Plastics | Manufacture and sale of custom-molded plastic components for the industrial, recreational vehicle, and automotive markets |
| Construction Services | Electrical and mechanical contracting services for commercial, industrial, and municipal customers |
| Wastewater Treatment | Design, manufacture, and sale of wastewater treatment systems for municipal and industrial customers |
Otter Tail Corporation's Porter Forces
Threat Of Substitutes
The threat of substitutes for Otter Tail Corporation is moderate, as there are some alternatives available to customers, but they are not highly attractive.
Bargaining Power Of Customers
The bargaining power of customers is low, as Otter Tail Corporation operates in a niche market with limited customer concentration.
Bargaining Power Of Suppliers
The bargaining power of suppliers is moderate, as Otter Tail Corporation relies on a few key suppliers, but has some flexibility in its supply chain.
Threat Of New Entrants
The threat of new entrants is low, as Otter Tail Corporation operates in a highly regulated industry with significant barriers to entry.
Intensity Of Rivalry
The intensity of rivalry is high, as Otter Tail Corporation operates in a competitive industry with several established players.
Strength
Capital Structure
| Value | |
|---|---|
| Debt Weight | 38.56% |
| Debt Cost | 5.14% |
| Equity Weight | 61.44% |
| Equity Cost | 6.71% |
| WACC | 6.11% |
| Leverage | 62.75% |
Otter Tail Corporation : Quality Control
Otter Tail Corporation passed 6 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| ALE | ALLETE, Inc. operates as an energy company. The company operates through Regulated Operations, ALLETE Clean Energy, and Corporate and Other segments. It generates electricity from coal-fired, biomass co-fired / natural … |
| NWE | NorthWestern Corporation, doing business as NorthWestern Energy, provides electricity and natural gas to residential, commercial, and various industrial customers. The company operates through Electric and Natural Gas segments. It generates, … |
| AVA | Avista Corporation, together with its subsidiaries, operates as an electric and natural gas utility company. It operates in two segments, Avista Utilities and AEL&P. The Avista Utilities segment provides electric … |
| AES | The AES Corporation operates as a diversified power generation and utility company. It owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, … |
| BKH | Black Hills Corporation, through its subsidiaries, operates as an electric and natural gas utility company in the United States. It operates in two segments, Electric Utilities and Gas Utilities. The … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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NorthWestern
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Avista
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Black Hills
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ALLETE
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Otter Tail
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1-Year Total Return ->
6
