Otis Worldwide (OTIS) Stock Price, News & Analysis

Company Overview

Otis Worldwide Corporation is a leading manufacturer and service provider of vertical transportation systems, specializing in elevators, escalators, and moving walkways. Established as an independent public company in 2020 following its spin-off from United Technologies, Otis builds upon more than 165 years of engineering heritage. The company’s core business includes the design, manufacture, installation, and ongoing maintenance of passenger elevators, freight elevators, escalators and moving walkways for a wide range of commercial, residential and infrastructure projects.

Otis offers a comprehensive suite of products, featuring both standard and premium elevator models, advanced escalator systems, and automated people movers. Recent innovations include the use of digital sensors and predictive maintenance platforms that leverage cloud-based analytics to monitor equipment performance in real time. Through its global service network, Otis conducts routine inspections, modernizations and upgrades to ensure safety, reliability and regulatory compliance across all installed units.

Originally founded by Elisha Graves Otis in the mid-19th century, the company revolutionized building design with the invention of the safety elevator. Since then, Otis has expanded to serve more than 200 countries and territories, with manufacturing plants, design centers and service branches distributed throughout the Americas, Europe, Asia-Pacific, the Middle East and Africa. Its global footprint enables rapid response times for installation and maintenance assignments in diverse markets ranging from high-rise urban developments to critical infrastructure sites.

Under the leadership of President and CEO Judy Marks, Otis continues to prioritize safety, sustainability and operational excellence. The management team emphasizes research and development, forging partnerships to advance energy-efficient technologies and reduce the environmental impact of its products. With a focus on digital transformation and customer service, Otis aims to maintain its position as a trusted partner for builders, property owners and communities worldwide.

Key Stats

• Today's Range: $98.97 to $99.61
• 50-Day Range: $94.02 to $100.41
• 52-Week Range: $89.70 to $106.83
• Volume: 1.19 million shs
• Average Volume: 2.32 million shs
• Market Capitalization: $39.24 billion
• P/E Ratio: 26.09
• Dividend Yield: 1.69%
• Price Target: $102.86
• Consensus Rating: Reduce

Otis Worldwide Stock Analysis - MarketRank™

Otis Worldwide scored higher than 88% of companies evaluated by MarketBeat, and ranked 42nd out of 181 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: 1.9 / 5
• Analyst Rating: Reduce

Consensus Rating

Otis Worldwide has received a consensus rating of Reduce. The company's average rating score is 1.86, and is based on 1 buy rating, 4 hold ratings, and 2 sell ratings.

Amount of Analyst Coverage

Otis Worldwide has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 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 26.09, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.25.

Price to Earnings Ratio vs. Sector

The P/E ratio of Otis Worldwide is 26.09, which means that it is trading at a more expensive P/E ratio than the Industrials sector average P/E ratio of about 25.12.

Short Interest

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

Percentage of Shares Shorted

2.08% 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 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 22.14%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Yield

Otis Worldwide pays a meaningful dividend of 1.69%, 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 44.09%. 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

2.08% 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 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 22.14%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.9 / 5
• News Sentiment: 1.02

News Sentiment

Otis Worldwide has a news sentiment score of 1.02. 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 0.70 average news sentiment score of Industrials companies.

News Coverage This Week

MarketBeat has tracked 26 news articles for Otis Worldwide this week, compared to 15 articles on an average week.

Search Interest

6 people have searched for OTIS on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.

MarketBeat Follows

2 people have added Otis Worldwide to their MarketBeat watchlist in the last 30 days. This is an increase of 100% 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 2025. Since then, OTIS stock has increased by 7.3% and is now trading at $99.41.

How were Otis Worldwide's earnings last quarter?

Otis Worldwide Corporation (NYSE:OTIS) issued its quarterly earnings data on Wednesday, April, 23rd. The company reported $0.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.91 by $0.01. The business's quarterly revenue was down 2.5% on a year-over-year basis.
Read the conference call transcript.

Is Otis Worldwide buying back stock?

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

Who are Otis Worldwide's major shareholders?

Otis Worldwide's top institutional investors include Sarasin & Partners LLP (0.91%), Canoe Financial LP (0.37%), Assenagon Asset Management S.A. (0.18%) and Quintet Private Bank Europe S.A. (0.07%). Insiders that own company stock include Judith Fran Marks, Montlivault Stephane De, Fernandez Bernardo Calleja, Nora E Lafreniere, Abbe Luersman, Rahul Ghai, 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: 4/23/2025
• Record date for 6/6 Dividend: 5/16/2025
• Ex-Dividend for 6/6 Dividend: 5/16/2025
• Dividend Payable: 6/06/2025
• Today: 7/13/2025
• Next Earnings (Estimated): 7/23/2025
• 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: $102.86
• High Price Target: $113.00
• Low Price Target: $92.00
• Potential Upside/Downside: +3.5%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.86
• Research Coverage: 7 Analysts

Profitability

• EPS (Trailing Twelve Months): $3.81
• Trailing P/E Ratio: 26.09
• Forward P/E Ratio: 24.61
• P/E Growth: N/A
• Net Income: $1.65 billion
• Net Margins: 10.83%
• Pretax Margin: 13.44%
• Return on Equity: -31.72%
• Return on Assets: 14.60%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.94
• Quick Ratio: 0.87

Sales & Book Value

• Annual Sales: $14.26 billion
• Price / Sales: 2.75
• Cash Flow: $4.36 per share
• Price / Cash Flow: 22.82
• Book Value: ($12.07) per share
• Price / Book: -8.24

Miscellaneous

• Outstanding Shares: 394,680,000
• Free Float: 393,769,000
• Market Cap: $39.24 billion
• Optionable: Optionable
• Beta: 0.98