Otis Worldwide (OTIS) Stock Price, News & Analysis

Company Overview

Otis Worldwide Corporation is a global leader in the design, manufacture, installation and service of elevators, escalators and moving walkways. With a focus on passenger and goods transportation systems, the company provides end-to-end solutions for new construction projects and existing building portfolios. Otis serves a broad range of markets, including commercial, residential, industrial and infrastructure developments, helping to ensure safe, reliable vertical mobility in high-rise towers, airports, transit hubs and mixed-use complexes.

The company’s core offerings encompass a full spectrum of equipment and aftermarket services. Otis develops and produces traction and hydraulic elevator systems, as well as escalators and moving walkways, supported by digital monitoring platforms that enhance performance and predictive maintenance. Through its extensive service network, Otis delivers maintenance contracts, modernization upgrades, spare parts distribution and 24/7 emergency support, enabling customers to extend asset lifecycles and optimize operational uptime.

Tracing its roots to the invention of the safety elevator by Elisha Graves Otis in 1853, Otis Worldwide formally began trading as an independent public company in 2020 following its separation from United Technologies Corporation. Headquartered in Farmington, Connecticut, the firm draws on over 160 years of engineering innovation and infrastructure expertise to drive continuous improvement in people-moving technologies.

Today, Otis operates in more than 200 countries and territories across the Americas, Europe, the Middle East, Africa and the Asia-Pacific region. Under the leadership of President and Chief Executive Officer Judy Marks, the company continues to expand its global footprint and invest in digital solutions aimed at enhancing safety, efficiency and the customer experience for building owners, developers and passengers worldwide.

Key Stats

• Today's Range: $92.03 to $93.13
• 50-Day Range: $84.82 to $92.36
• 52-Week Range: $84.25 to $106.83
• Volume: 1.44 million shs
• Average Volume: 2.83 million shs
• Market Capitalization: $36.21 billion
• P/E Ratio: 24.42
• Dividend Yield: 1.82%
• Price Target: $103.00
• Consensus Rating: Hold

Otis Worldwide Stock Analysis - MarketRank™

Otis Worldwide scored higher than 91% of companies evaluated by MarketBeat, and ranked 32nd out of 186 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.9 / 5
• Analyst Rating: Hold

Consensus Rating

Otis Worldwide has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 2 buy ratings, 5 hold ratings, and 2 sell ratings.

Upside Potential

Otis Worldwide has a consensus price target of $103.00, representing about 11.5% upside from its current price of $92.38.

Amount of Analyst Coverage

Otis Worldwide has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 9.41%

Earnings Growth

Earnings for Otis Worldwide are expected to grow by 9.41% in the coming year, from $4.04 to $4.42 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Otis Worldwide is 24.42, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 283.36.

Price to Earnings Ratio vs. Sector

The P/E ratio of Otis Worldwide is 24.42, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 309.08.

Price to Earnings Growth Ratio

Otis Worldwide has a PEG Ratio of 4.40. PEG Ratios above 1 indicate that a company could be overvalued.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.94% of the float of Otis Worldwide has been sold short.

Short Interest Ratio / Days to Cover

Otis Worldwide has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Otis Worldwide has recently increased by 29.42%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Yield

Otis Worldwide pays a meaningful dividend of 1.84%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Otis Worldwide has been increasing its dividend for 5 years.

Dividend Coverage

The dividend payout ratio of Otis Worldwide is 44.44%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Otis Worldwide will have a dividend payout ratio of 38.01% next year. This indicates that Otis Worldwide will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.9 / 5
• Environmental Score: -1.89

Percentage of Shares Shorted

1.94% of the float of Otis Worldwide has been sold short.

Short Interest Ratio / Days to Cover

Otis Worldwide has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Otis Worldwide has recently increased by 29.42%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 1.23

News Sentiment

Otis Worldwide has a news sentiment score of 1.23. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 15 news articles for Otis Worldwide this week, compared to 20 articles on an average week.

Search Interest

Only 2 people have searched for OTIS on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

MarketBeat Follows

Only 3 people have added Otis Worldwide to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Otis Worldwide insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.23% of the stock of Otis Worldwide is held by insiders.

Percentage Held by Institutions

88.03% of the stock of Otis Worldwide is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

OTIS Stock Analysis - Frequently Asked Questions

How have OTIS shares performed this year?

Otis Worldwide's stock was trading at $92.61 at the beginning of the year. Since then, OTIS stock has decreased by 0.2% and is now trading at $92.3810.

How were Otis Worldwide's earnings last quarter?

Otis Worldwide Corporation (NYSE:OTIS) released its quarterly earnings data on Wednesday, July, 23rd. The company reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.03 by $0.02. Otis Worldwide's quarterly revenue was down .2% compared to the same quarter last year.
Read the conference call transcript.

Is Otis Worldwide buying back stock?

Otis Worldwide's Board of Directors approved a share buyback plan on Thursday, January 16th 2025, which permits the company to buy back $2,000,000,000 in outstanding shares, according to EventVestor. This means that the company could repurchase up to 5.4% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's board believes its shares are undervalued.

Who are Otis Worldwide's major shareholders?

Otis Worldwide's top institutional investors include Farmers Trust Co.. Insiders that own company stock include Judith Fran Marks, Montlivault Stephane De, Fernandez Bernardo Calleja, Nora E Lafreniere, Abbe Luersman, James F Cramer, Peiming Zheng and Michael Patrick Ryan.
View institutional ownership trends.

How do I buy shares of Otis Worldwide?

Shares of OTIS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Otis Worldwide own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Otis Worldwide investors own include Chevron (CVX), Bristol Myers Squibb (BMY), Comcast (CMCSA), Charles Schwab (SCHW), McKesson (MCK), Edwards Lifesciences (EW) and Yum! Brands (YUM).

Company Calendar

• Last Earnings: 7/23/2025
• Record date for 9/5 Dividend: 8/15/2025
• Ex-Dividend for 9/5 Dividend: 8/15/2025
• Dividend Payable: 9/05/2025
• Today: 10/02/2025
• Next Earnings (Estimated): 10/29/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Industrials
• Industry: MACH - GENL INDL
• Sub-Industry: Electrical Equipment
• Current Symbol: NYSE:OTIS
• CIK: 1781335
• Web: www.otis.com
• Phone: 860-674-3000
• Fax: N/A
• Employees: 72,000
• Year Founded: 1853

Price Target and Rating

• Average Price Target for Otis Worldwide: $103.00
• High Price Target: $113.00
• Low Price Target: $90.00
• Potential Upside/Downside: +11.5%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 9 Analysts

Profitability

• EPS (Trailing Twelve Months): $3.78
• Trailing P/E Ratio: 24.43
• Forward P/E Ratio: 22.86
• P/E Growth: 4.4
• Net Income: $1.65 billion
• Net Margins: 10.68%
• Pretax Margin: 13.28%
• Return on Equity: -30.95%
• Return on Assets: 14.27%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.88
• Quick Ratio: 0.80

Sales & Book Value

• Annual Sales: $14.26 billion
• Price / Sales: 2.54
• Cash Flow: $4.40 per share
• Price / Cash Flow: 20.97
• Book Value: ($12.07) per share
• Price / Book: -7.65

Miscellaneous

• Outstanding Shares: 392,480,000
• Free Float: 391,572,000
• Market Cap: $36.25 billion
• Optionable: Optionable
• Beta: 1.00