Otter Tail (NASDAQ:OTTR) Updates FY 2026 Earnings Guidance

Key Points

• FY 2026 EPS guidance: Otter Tail set guidance at $5.220–$5.620 per share versus the Street consensus of $5.61 and did not provide revenue guidance.
• Quarterly results beat expectations—Otter Tail reported EPS of $1.73, $0.31 above consensus—and the company shows strong profitability with a net margin of 21.16% and ROE of 15.36%.
• Market and analyst context: shares were down 0.2% to $90.59 after the update, analysts' average rating is Buy with an average target of $83.00, and institutional investors own about 61.3% of the stock.

Otter Tail (NASDAQ:OTTR - Get Free Report) updated its FY 2026 earnings guidance on Monday. The company provided earnings per share guidance of 5.220-5.620 for the period, compared to the consensus earnings per share estimate of 5.610. The company issued revenue guidance of -.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on OTTR. Zacks Research raised Otter Tail from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, April 28th. Weiss Ratings cut Otter Tail from a "buy (b)" rating to a "hold (c+)" rating in a research note on Wednesday, February 25th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, Otter Tail has an average rating of "Buy" and an average target price of $83.00.

Otter Tail Stock Down 0.2%

OTTR traded down $0.19 during midday trading on Monday, reaching $90.59. The company's stock had a trading volume of 344,096 shares, compared to its average volume of 264,079. The firm has a market capitalization of $3.80 billion, a price-to-earnings ratio of 13.81 and a beta of 0.47. The company has a current ratio of 2.28, a quick ratio of 1.83 and a debt-to-equity ratio of 0.52. Otter Tail has a 1 year low of $73.74 and a 1 year high of $92.24. The stock's 50-day moving average is $87.49 and its 200-day moving average is $84.89.

Otter Tail (NASDAQ:OTTR - Get Free Report) last announced its quarterly earnings data on Monday, May 4th. The utilities provider reported $1.73 earnings per share for the quarter, topping analysts' consensus estimates of $1.42 by $0.31. Otter Tail had a net margin of 21.16% and a return on equity of 15.36%. Otter Tail has set its FY 2026 guidance at 5.220-5.620 EPS. As a group, research analysts expect that Otter Tail will post 5.48 EPS for the current year.

Institutional Investors Weigh In On Otter Tail

Institutional investors have recently modified their holdings of the business. Birchwood Financial Partners Inc. purchased a new stake in shares of Otter Tail during the fourth quarter valued at $40,000. Aster Capital Management DIFC Ltd purchased a new stake in shares of Otter Tail during the fourth quarter valued at $41,000. UMB Bank n.a. boosted its position in shares of Otter Tail by 302.5% during the fourth quarter. UMB Bank n.a. now owns 644 shares of the utilities provider's stock valued at $52,000 after buying an additional 484 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S purchased a new stake in Otter Tail in the second quarter worth approximately $53,000. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in Otter Tail by 43.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 950 shares of the utilities provider's stock worth $77,000 after purchasing an additional 289 shares during the last quarter. 61.32% of the stock is owned by hedge funds and other institutional investors.

Otter Tail Company Profile

Otter Tail Corporation, through its primary subsidiary Otter Tail Power Company, is a regulated electric utility engaged in the generation, transmission and distribution of electricity. The company operates a diversified portfolio of owned and contracted power generation facilities, including coal, natural gas, wind and hydroelectric units, supplemented by long-term power purchase agreements. In addition to utility operations, Otter Tail provides related engineering, construction and maintenance services to support grid reliability and efficiency.

The company's service territory covers a predominantly rural footprint in the Upper Midwest, including communities in west-central Minnesota, eastern North Dakota, northwest Wisconsin and small portions of South Dakota.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.