Otter Tail (NASDAQ:OTTR) Shares Break Below 200-Day Moving Average Following Weak Earnings

Key Points

• Otter Tail shares fell below their 200-day moving average after weak quarterly results, trading as low as $83 versus an average of $88.80.
• Quarterly EPS of $1.41 missed the $1.55 consensus and was down from $1.86 a year earlier; revenue also missed estimates and fell 1.6% year over year. Its 2026 EPS guidance of $5.73–$6.03 is below analyst consensus of about $6.05.
• The company declared a quarterly dividend of $0.5775 per share, or $2.31 annualized, representing a yield of about 2.8%.

Shares of Otter Tail Corporation (NASDAQ:OTTR - Get Free Report) crossed below its two hundred day moving average during trading on Tuesday following a dissappointing earnings announcement. The stock has a two hundred day moving average of $88.80 and traded as low as $83.00. Otter Tail shares last traded at $83.41, with a volume of 565,176 shares changing hands.

The utilities provider reported $1.41 earnings per share for the quarter, missing the consensus estimate of $1.55 by ($0.14). The company had revenue of $320.51 million for the quarter, compared to analysts' expectations of $327.87 million. Otter Tail had a return on equity of 13.47% and a net margin of 13.45%. The business's quarterly revenue was down 1.6% on a year-over-year basis. During the same period in the previous year, the business posted $1.86 EPS. Otter Tail has set its FY 2026 guidance at 5.730-6.030 EPS.

Otter Tail Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Friday, November 13th will be given a $0.5775 dividend. The ex-dividend date of this dividend is Friday, November 13th. This represents a $2.31 annualized dividend and a dividend yield of 2.8%. Otter Tail's dividend payout ratio is presently 49.78%.

Otter Tail News Summary

Here are the key news stories impacting Otter Tail this week:

• Positive Sentiment: Otter Tail declared a quarterly dividend of $0.5775 per share, equivalent to $2.31 annually and a yield of about 2.5%. Shareholders of record on November 13 are scheduled to receive it on December 10. Dividend announcement
• Neutral Sentiment: The company affirmed the midpoint of its 2026 EPS guidance while narrowing the range to $5.73–$6.03. However, the range remains below the roughly $6.05 analyst consensus, limiting the reassurance from maintaining the midpoint. Earnings release and guidance
• Negative Sentiment: Third-quarter diluted EPS was $1.41, below analyst estimates of about $1.55–$1.57 and down from $1.86 a year earlier. Revenue of $320.5 million also missed expectations of about $327.9 million and declined 1.6% year over year. The earnings miss is the main apparent pressure on the shares. Q3 results and analyst estimates

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised shares of Otter Tail from a "hold (c)" rating to a "hold (c+)" rating in a research report on Tuesday, October 13th. Four equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Reduce" and a consensus target price of $86.00.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. BlackRock Inc. acquired a new stake in Otter Tail during the second quarter valued at approximately $590,053,000. Caisse de depot et placement du Quebec acquired a new position in Otter Tail in the second quarter worth approximately $48,578,000. Bank of New York Mellon Corp acquired a new position in Otter Tail in the second quarter worth approximately $32,238,000. Bank of America Corp DE increased its holdings in shares of Otter Tail by 3.5% in the first quarter. Bank of America Corp DE now owns 336,483 shares of the utilities provider's stock valued at $29,533,000 after buying an additional 11,363 shares in the last quarter. Finally, Principal Financial Group Inc. lifted its position in shares of Otter Tail by 16.2% during the 1st quarter. Principal Financial Group Inc. now owns 231,889 shares of the utilities provider's stock valued at $20,353,000 after acquiring an additional 32,266 shares during the last quarter. 61.32% of the stock is currently owned by institutional investors.

Otter Tail Trading Down 8.9%

The firm has a market capitalization of $3.50 billion, a P/E ratio of 19.91 and a beta of 0.42. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.36 and a current ratio of 1.71. The firm has a 50 day moving average price of $89.25 and a two-hundred day moving average price of $88.80.

About Otter Tail

Otter Tail Corporation is a diversified company headquartered in Fergus Falls, Minnesota. Through its electric utility subsidiary, Otter Tail Power Company, it generates, transmits and distributes electricity to residential, commercial, industrial and agricultural customers.

Otter Tail Power Company serves customers across portions of western Minnesota, eastern North Dakota and northeastern South Dakota. Its generation portfolio includes coal, natural gas, wind and other energy resources, supporting the company's role as a regional provider of electric power and related utility services.

Beyond its utility operations, Otter Tail Corporation owns manufacturing businesses that produce fabricated metal components, plastic products and other specialized goods.

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