Otter Tail (OTTR) to Release Quarterly Earnings on Monday

Otter Tail (NASDAQ:OTTR - Get Free Report) will likely be announcing its Q1 2025 earnings results after the market closes on Monday, May 5th. Analysts expect Otter Tail to post earnings of $1.53 per share and revenue of $349.70 million for the quarter.

Otter Tail (NASDAQ:OTTR - Get Free Report) last posted its quarterly earnings data on Monday, February 17th. The utilities provider reported $1.30 EPS for the quarter, beating analysts' consensus estimates of $1.26 by $0.04. The firm had revenue of $303.11 million for the quarter, compared to the consensus estimate of $314.75 million. Otter Tail had a net margin of 22.67% and a return on equity of 18.96%. On average, analysts expect Otter Tail to post $6 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Otter Tail Stock Up 2.1 %

OTTR stock traded up $1.66 during mid-day trading on Friday, hitting $81.02. 229,251 shares of the company were exchanged, compared to its average volume of 239,716. The company has a market capitalization of $3.39 billion, a PE ratio of 11.30 and a beta of 0.49. The firm has a fifty day simple moving average of $79.78 and a 200 day simple moving average of $78.75. The company has a current ratio of 2.03, a quick ratio of 1.66 and a debt-to-equity ratio of 0.57. Otter Tail has a twelve month low of $71.66 and a twelve month high of $100.84.

Otter Tail Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Investors of record on Friday, February 14th were issued a $0.525 dividend. This is a positive change from Otter Tail's previous quarterly dividend of $0.47. This represents a $2.10 annualized dividend and a yield of 2.59%. The ex-dividend date was Friday, February 14th. Otter Tail's payout ratio is currently 29.29%.

Otter Tail Company Profile

Otter Tail Corporation, together with its subsidiaries, engages in electric utility, manufacturing, and plastic pipe businesses in the United States. It operates through three segments: Electric, Manufacturing, and Plastics. The Electric segment produces, transmits, distributes, and sells electric energy in Minnesota, North Dakota, and South Dakota; and operates as a participant in the Midcontinent Independent System Operator markets.