OTTR vs. PNM, ORA, POR, IDA, AY, EE, HE, OGE, OPTT, and PNW
Should you be buying Otter Tail stock or one of its competitors? The main competitors of Otter Tail include PNM Resources (PNM), Ormat Technologies (ORA), Portland General Electric (POR), IDACORP (IDA), Atlantica Sustainable Infrastructure (AY), Excelerate Energy (EE), Hawaiian Electric Industries (HE), OGE Energy (OGE), Ocean Power Technologies (OPTT), and Pinnacle West Capital (PNW).
Otter Tail (NASDAQ:OTTR) and PNM Resources (NYSE:PNM) are both mid-cap utilities companies, but which is the superior stock? We will contrast the two businesses based on the strength of their institutional ownership, risk, valuation, dividends, analyst recommendations, profitability, media sentiment, community ranking and earnings.
Otter Tail has higher earnings, but lower revenue than PNM Resources. Otter Tail is trading at a lower price-to-earnings ratio than PNM Resources, indicating that it is currently the more affordable of the two stocks.
61.3% of Otter Tail shares are held by institutional investors. Comparatively, 91.7% of PNM Resources shares are held by institutional investors. 2.3% of Otter Tail shares are held by insiders. Comparatively, 1.4% of PNM Resources shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
In the previous week, Otter Tail had 2 more articles in the media than PNM Resources. MarketBeat recorded 3 mentions for Otter Tail and 1 mentions for PNM Resources. PNM Resources' average media sentiment score of 0.62 beat Otter Tail's score of 0.26 indicating that PNM Resources is being referred to more favorably in the news media.
PNM Resources received 152 more outperform votes than Otter Tail when rated by MarketBeat users. Likewise, 60.63% of users gave PNM Resources an outperform vote while only 60.10% of users gave Otter Tail an outperform vote.
Otter Tail has a net margin of 22.55% compared to PNM Resources' net margin of 4.38%. Otter Tail's return on equity of 21.58% beat PNM Resources' return on equity.
PNM Resources has a consensus price target of $44.75, suggesting a potential upside of 16.26%. Given PNM Resources' higher possible upside, analysts plainly believe PNM Resources is more favorable than Otter Tail.
Otter Tail has a beta of 0.56, indicating that its stock price is 44% less volatile than the S&P 500. Comparatively, PNM Resources has a beta of 0.35, indicating that its stock price is 65% less volatile than the S&P 500.
Otter Tail pays an annual dividend of $1.87 per share and has a dividend yield of 2.0%. PNM Resources pays an annual dividend of $1.55 per share and has a dividend yield of 4.0%. Otter Tail pays out 25.7% of its earnings in the form of a dividend. PNM Resources pays out 170.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.
Summary
Otter Tail beats PNM Resources on 10 of the 19 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding OTTR and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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