Latest news with #OtterTail
Yahoo
2 days ago
- Business
- Yahoo
Otter Tail Power wants to raise electricity rates
PIERRE, S.D. (KELO) — South Dakota customers of Otter Tail Power might want to get ready to start paying more for their electricity. The Fergus Falls, Minnesota-based utility wants to raise rates for the approximately 11,500 households, businesses and other entities in South Dakota who get their power from Otter Tail. State plans to decrease its payments to the needy The company has applied to the South Dakota Public Utilities Commission for approval. Otter Tail is seeking permission to increase net revenue $5,719,671, or 12.5 percent, from South Dakota customers. Stuart D. Tommerdahl is Otter Tail's manager for regulation and retail energy solutions. He says in a letter that the proposed change in rates will result in an average increase of $14 permonth for residential customers under the rate design proposed by the company. 'The increase in rates is needed for the Company to recover increases in operating costs incurred by the Company in providing electric service to its customers and on-goinginvestments in infrastructure. This increase is necessary to continue to serve customersas reliably, economically, and environmentally responsibly as possible,' the letter said. The PUC's three elected commissioners are scheduled to publicly begin considering the request at their next meeting scheduled for Tuesday, June 17. A rate chart shows Otter Tail's proposed increases. Here are some examples: A household using 932 kilowatt-hours per month currently pays $103.97 and would see a $14.39 increase. A farm using 1,857 kilowatt-hours per month currently pays $191.52 and would see a $26.12 increase. A general servicer customer using 2,751 kilowatt-hours per month currently pays $259.23 and would see a $34.77 increase. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Business Insider
06-05-2025
- Business
- Business Insider
Otter Tail affirms FY25 EPS view of $5.68-$6.08, consensus $6.15
18:07 EDT Otter Tail (OTTR) affirms FY25 EPS view of $5.68-$6.08, consensus $6.15 Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Yahoo
09-04-2025
- Business
- Yahoo
Investors Will Want Otter Tail's (NASDAQ:OTTR) Growth In ROCE To Persist
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an eye out for. Typically, we'll want to notice a trend of growing return on capital employed (ROCE) and alongside that, an expanding base of capital employed. If you see this, it typically means it's a company with a great business model and plenty of profitable reinvestment opportunities. With that in mind, we've noticed some promising trends at Otter Tail (NASDAQ:OTTR) so let's look a bit deeper. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. For those who don't know, ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business. Analysts use this formula to calculate it for Otter Tail: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.12 = US$390m ÷ (US$3.7b - US$310m) (Based on the trailing twelve months to December 2024). Therefore, Otter Tail has an ROCE of 12%. On its own, that's a standard return, however it's much better than the 4.9% generated by the Electric Utilities industry. View our latest analysis for Otter Tail In the above chart we have measured Otter Tail's prior ROCE against its prior performance, but the future is arguably more important. If you're interested, you can view the analysts predictions in our free analyst report for Otter Tail . Otter Tail is displaying some positive trends. The numbers show that in the last five years, the returns generated on capital employed have grown considerably to 12%. The amount of capital employed has increased too, by 60%. This can indicate that there's plenty of opportunities to invest capital internally and at ever higher rates, a combination that's common among multi-baggers. All in all, it's terrific to see that Otter Tail is reaping the rewards from prior investments and is growing its capital base. Since the stock has returned a solid 82% to shareholders over the last five years, it's fair to say investors are beginning to recognize these changes. In light of that, we think it's worth looking further into this stock because if Otter Tail can keep these trends up, it could have a bright future ahead. On a final note, we found 2 warning signs for Otter Tail (1 shouldn't be ignored) you should be aware of. If you want to search for solid companies with great earnings, check out this free list of companies with good balance sheets and impressive returns on equity. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
