Otter Tail Company Profile (NASDAQ:OTTR)

About Otter Tail (NASDAQ:OTTR)

Otter Tail logoOtter Tail Corporation is a holding company. The Company operates through three segments: Electric, Manufacturing and Plastics. The Electric segment includes the production, transmission, distribution and sale of electric energy in Minnesota, North Dakota and South Dakota by Otter Tail Power Company (OTP). The Manufacturing segment consists of businesses in manufacturing activities, such as contract machining, metal parts stamping, fabrication and painting, and production of material and handling trays and horticultural containers. These businesses have manufacturing facilities in Georgia, Illinois and Minnesota and sell products primarily in the United States. The Plastics segment consists of businesses producing polyvinyl chloride (PVC) pipe at plants in North Dakota and Arizona. The PVC pipe is sold primarily in the upper Midwest and Southwest regions of the United States. The Company's manufacturing and plastic pipe businesses are owned by its subsidiary, Varistar Corporation.

Industry, Sector and Symbol:
  • Sector: Utilities
  • Industry: Diversified Utilities
  • Sub-Industry: Electric Utilities
  • Symbol: NASDAQ:OTTR
  • CUSIP: 68964810
  • Web:
  • Market Cap: $1.57 billion
  • Outstanding Shares: 39,503,000
Average Prices:
  • 50 Day Moving Avg: $38.46
  • 200 Day Moving Avg: $38.34
  • 52 Week Range: $27.77 - $42.55
  • Trailing P/E Ratio: 23.09
  • Foreward P/E Ratio: 21.46
  • P/E Growth: 4.48
Sales & Book Value:
  • Annual Revenue: $811.41 million
  • Price / Sales: 1.93
  • Book Value: $17.21 per share
  • Price / Book: 2.31
  • Annual Dividend: $1.28
  • Dividend Yield: 3.2%
  • EBIDTA: $189.33 million
  • Net Margins: 7.76%
  • Return on Equity: 9.76%
  • Return on Assets: 3.34%
  • Debt-to-Equity Ratio: 0.70%
  • Current Ratio: 0.83%
  • Quick Ratio: 0.50%
  • Average Volume: 110,834 shs.
  • Beta: 0.76
  • Short Ratio: 4.8

Frequently Asked Questions for Otter Tail (NASDAQ:OTTR)

What is Otter Tail's stock symbol?

Otter Tail trades on the NASDAQ under the ticker symbol "OTTR."

How often does Otter Tail pay dividends? What is the dividend yield for Otter Tail?

Otter Tail announced a quarterly dividend on Tuesday, May 2nd. Stockholders of record on Monday, May 15th will be given a dividend of $0.32 per share on Saturday, June 10th. This represents a $1.28 annualized dividend and a dividend yield of 3.22%. The ex-dividend date is Thursday, May 11th. View Otter Tail's Dividend History.

How were Otter Tail's earnings last quarter?

Otter Tail Co. (NASDAQ:OTTR) issued its quarterly earnings results on Monday, May, 1st. The company reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.43 by $0.06. The company earned $214.10 million during the quarter, compared to the consensus estimate of $211.80 million. Otter Tail had a net margin of 7.76% and a return on equity of 9.76%. The company's revenue for the quarter was up 3.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.38 earnings per share. View Otter Tail's Earnings History.

What guidance has Otter Tail issued on next quarter's earnings?

Otter Tail updated its FY17 earnings guidance on Monday, May, 1st. The company provided earnings per share guidance of $1.60-1.75 for the period, compared to the Thomson Reuters consensus estimate of $1.72.

Where is Otter Tail's stock going? Where will Otter Tail's stock price be in 2017?

2 brokerages have issued 1 year price targets for Otter Tail's stock. Their forecasts range from $36.00 to $46.00. On average, they anticipate Otter Tail's share price to reach $41.00 in the next twelve months. View Analyst Ratings for Otter Tail.

What are analysts saying about Otter Tail stock?

Here are some recent quotes from research analysts about Otter Tail stock:

  • 1. According to Zacks Investment Research, "OTTER TAIL's primary business is the production, transmission, distribution and sale of electric energy. The Company, through its subsidiaries, is also engaged in other businesses which are referred to as Health Services Operations and Diversified Operations. " (5/5/2017)
  • 2. Sidoti analysts commented, "We forecast better performance in the non-utility businesses as we think market growth in the next year will offset margin pressure at the PVC pipe business and that OTTR can improve performance in the custom metal fabrication business. We think demand from some customers for custom metalwork services will rise based on higher economic growth and more construction activity. Also, OTTR will benefit from making metal pieces that allow trucks to move large parts of wind towers; there may be more manufacturing of wind towers and transport of these towers to project sites before tax incentives expire. We now forecast the non-utility businesses increase to 29.4% of net income in 2019, up from 24.7% in 2016." (3/24/2017)

Who are some of Otter Tail's key competitors?

Who are Otter Tail's key executives?

Otter Tail's management team includes the folowing people:

  • Nathan I. Partain CPA, Chairman of the Board, Independent Director
  • Charles Scot MacFarlane, President, Chief Executive Officer, Director
  • Kevin G. Moug, Chief Financial Officer, Senior Vice President
  • George A. Koeck, Senior Vice President, General Counsel, Corporate Secretary
  • John S. Abbott, Senior Vice President, Manufacturing Platform
  • Timothy J. Rogelstad, Senior Vice President - Electric Platform
  • Karen M. Bohn, Independent Director
  • John D. Erickson, Independent Director
  • Steven L. Fritze, Independent Director
  • Kathryn O. Johnson, Independent Director

Who owns Otter Tail stock?

Otter Tail's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.71%), BlackRock Inc. (6.29%), Gabelli Funds LLC (2.87%), Dimensional Fund Advisors LP (2.84%), State Street Corp (1.96%) and First Trust Advisors LP (1.28%). Company insiders that own Otter Tail stock include George A Koeck, John D Erickson, Kevin G Moug and Paul L Knutson. View Institutional Ownership Trends for Otter Tail.

Who sold Otter Tail stock? Who is selling Otter Tail stock?

Otter Tail's stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, State Street Corp, Bank of America Corp DE, Chicago Equity Partners LLC, UBS Group AG, John G Ullman & Associates Inc., TIAA CREF Investment Management LLC and Advisors Asset Management Inc.. Company insiders that have sold Otter Tail stock in the last year include George A Koeck, John D Erickson, Kevin G Moug and Paul L Knutson. View Insider Buying and Selling for Otter Tail.

Who bought Otter Tail stock? Who is buying Otter Tail stock?

Otter Tail's stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., First Trust Advisors LP, Renaissance Technologies LLC, Citadel Advisors LLC, Morgan Stanley, Virginia Retirement Systems ET AL and Bank of New York Mellon Corp. View Insider Buying and Selling for Otter Tail.

How do I buy Otter Tail stock?

Shares of Otter Tail can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Otter Tail's stock price today?

One share of Otter Tail stock can currently be purchased for approximately $39.70.

MarketBeat Community Rating for Otter Tail (NASDAQ OTTR)
Community Ranking:  1.1 out of 5 ()
Outperform Votes:  18 (Vote Outperform)
Underperform Votes:  66 (Vote Underperform)
Total Votes:  84
MarketBeat's community ratings are surveys of what our community members think about Otter Tail and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Otter Tail (NASDAQ:OTTR) (?)
Ratings Breakdown: 1 Hold Rating, 1 Buy Rating
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $41.00 (3.27% upside)

Analysts' Ratings History for Otter Tail (NASDAQ:OTTR)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
3/24/2017SidotiUpgradeNeutral -> Buy$46.00LowView Rating Details
2/6/2017Williams CapitalInitiated CoverageHold$36.00N/AView Rating Details
(Data available from 5/29/2015 forward)


Earnings History for Otter Tail (NASDAQ:OTTR)
Earnings by Quarter for Otter Tail (NASDAQ:OTTR)
Earnings History by Quarter for Otter Tail (NASDAQ:OTTR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/1/2017Q1 2017$0.43$0.49$211.80 million$214.10 millionViewListenView Earnings Details
2/6/2017Q4 2016$0.43$0.44$192.40 million$196.90 millionViewListenView Earnings Details
11/2/2016Q316$0.45$0.37$204.00 million$197.20 millionViewN/AView Earnings Details
8/8/2016Q2$0.38$0.41$194.00 million$203.50 millionViewN/AView Earnings Details
5/2/2016Q1$0.31$0.38$207.70 million$206.20 millionViewN/AView Earnings Details
11/2/2015Q3$0.44$0.42$202.65 million$200.02 millionViewListenView Earnings Details
8/3/2015Q215$0.23$0.36$200.15 million$188.15 millionViewListenView Earnings Details
5/4/2015Q115$0.55$0.37$216.80 million$202.84 millionViewListenView Earnings Details
2/10/2015Q414$0.45$0.43$235.00 million$193.41 millionViewListenView Earnings Details
11/3/2014Q314$0.41$0.43$240.75 million$242.40 millionViewN/AView Earnings Details
8/4/2014Q214$0.23$0.27$221.20 million$234.61 millionViewN/AView Earnings Details
5/6/2014Q114$0.53$0.59$227.75 million$240.47 millionViewN/AView Earnings Details
2/10/2014Q413$0.40$0.35$207.60 millionViewN/AView Earnings Details
11/4/2013Q313$0.40$0.41$221.40 million$229.77 millionViewN/AView Earnings Details
8/5/2013Q2 2013$0.26$0.21$220.40 million$212.39 millionViewN/AView Earnings Details
5/6/2013Q1 2013$0.34$0.41$224.25 million$217.95 millionViewN/AView Earnings Details
2/11/2013Q4 2012$0.30$0.47$213.85 million$212.63 millionViewN/AView Earnings Details
11/5/2012Q312$0.35$0.35$266.21 million$277.14 millionViewN/AView Earnings Details
8/6/2012$0.21$0.28ViewN/AView Earnings Details
11/3/2011$0.20$0.18ViewN/AView Earnings Details
5/9/2011$0.25$0.15ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Otter Tail (NASDAQ:OTTR)
2017 EPS Consensus Estimate: $1.65
2018 EPS Consensus Estimate: $1.80
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.44$0.44$0.44
Q2 20171$0.40$0.40$0.40
Q3 20171$0.37$0.37$0.37
Q4 20171$0.44$0.44$0.44
Q1 20181$0.52$0.52$0.52
Q2 20181$0.42$0.42$0.42
Q3 20181$0.40$0.40$0.40
Q4 20181$0.46$0.46$0.46
(Data provided by Zacks Investment Research)


Current Dividend Information for Otter Tail (NASDAQ:OTTR)
Next Dividend:6/10/2017
Annual Dividend:$1.28
Dividend Yield:3.22%
Payout Ratio:80.00% (Trailing 12 Months of Earnings)
74.85% (Based on This Year's Estimates)
69.19% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Otter Tail (NASDAQ:OTTR)

Dividend History by Quarter for Otter Tail (NASDAQ:OTTR)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Otter Tail (NASDAQ:OTTR)
Insider Ownership Percentage: 1.60%
Institutional Ownership Percentage: 37.58%
Insider Trades by Quarter for Otter Tail (NASDAQ:OTTR)
Institutional Ownership by Quarter for Otter Tail (NASDAQ:OTTR)
Insider Trades by Quarter for Otter Tail (NASDAQ:OTTR)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/15/2017Kevin G. MougCFOSell800$37.25$29,800.00View SEC Filing  
3/13/2017George A. KoeckVPSell4,000$36.30$145,200.00View SEC Filing  
2/15/2017Kevin G. MougCFOSell800$37.80$30,240.00View SEC Filing  
1/9/2017Paul L. KnutsonVPSell500$39.80$19,900.00View SEC Filing  
11/21/2016John D. EricksonDirectorSell2,900$37.33$108,257.00View SEC Filing  
11/10/2016Kevin G. MougCFOSell800$35.20$28,160.00View SEC Filing  
8/16/2016Kevin G. MougCFOSell800$34.07$27,256.00View SEC Filing  
8/11/2016Paul L. KnutsonVPSell1,700$34.50$58,650.00View SEC Filing  
8/17/2015George A KoeckSVPSell2,500$27.65$69,125.00View SEC Filing  
11/18/2014John D EricksonDirectorSell4,000$29.30$117,200.00View SEC Filing  
8/22/2014George A KoeckSVPSell2,000$28.34$56,680.00View SEC Filing  
2/21/2014George KoeckSVPSell6,201$30.53$189,316.53View SEC Filing  
2/20/2014Kevin MougCFOSell7,550$30.34$229,067.00View SEC Filing  
11/26/2013John EricksonDirectorSell4,102$29.42$120,680.84View SEC Filing  
11/14/2013George KoeckSVPSell3,000$29.57$88,710.00View SEC Filing  
9/13/2013Steven FritzeDirectorBuy4,000$27.01$108,040.00View SEC Filing  
6/12/2013Arvid R LiebeDirectorSell2,000$28.01$56,020.00View SEC Filing  
5/20/2013Kevin G MougCFOSell2,617$29.66$77,620.22View SEC Filing  
11/26/2012John D EricksonDirectorSell5,962$23.75$141,597.50View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Otter Tail (NASDAQ:OTTR)
Latest Headlines for Otter Tail (NASDAQ:OTTR)
DateHeadline logoZacks: Otter Tail Co. (OTTR) Given $42.00 Average Target Price by Analysts - May 25 at 7:38 AM logoOtter Tail Co. (OTTR) CFO Kevin G. Moug Sells 800 Shares - May 15 at 8:21 PM logoOtter Tail Corp. : OTTR-US: Dividend Analysis : May 15th, 2017 (record date) : By the numbers : May 12, 2017 - May 12 at 7:48 PM logoZacks: Analysts Expect Otter Tail Co. (OTTR) to Post $0.40 EPS - May 12 at 8:28 AM logoOtter Tail Corp. – Value Analysis (NASDAQ:OTTR) : May 11, 2017 - May 11 at 7:34 PM logoOtter Tail Corp. breached its 50 day moving average in a Bearish Manner : OTTR-US : May 10, 2017 - May 10 at 11:50 AM logoZacks Investment Research Lowers Otter Tail Co. (OTTR) to Sell - May 6 at 8:50 PM logoFY2019 Earnings Forecast for Otter Tail Co. Issued By Williams Capital (OTTR) - May 5 at 7:58 PM logoQ3 2017 Earnings Estimate for Otter Tail Co. (OTTR) Issued By Williams Capital - May 4 at 1:36 PM logo Otter Tail Co. (OTTR) Given Average Rating of "Buy" by Analysts - May 4 at 10:10 AM logoEdited Transcript of OTTR earnings conference call or presentation 2-May-17 3:00pm GMT - May 3 at 7:57 PM logoOtter Tail Co. (OTTR) Plans $0.32 Quarterly Dividend - May 2 at 8:06 PM logoInvestor Network: Otter Tail Corporation to Host Earnings Call - May 2 at 11:08 AM logoOtter Tail Co. (OTTR) Releases Quarterly Earnings Results, Beats Estimates By $0.06 EPS - May 1 at 11:18 PM logoOtter Tail Co. (OTTR) Releases FY17 Earnings Guidance - May 1 at 10:44 PM logoOtter Tail posts 1Q profit - May 1 at 6:25 PM logoOtter Tail declares $0.32 dividend - May 1 at 6:04 PM logoOtter Tail (OTTR) Earns Daily News Sentiment Score of 0.16 - April 29 at 11:09 PM logoOtter Tail Co. (OTTR) to Release Earnings on Monday - April 29 at 9:34 AM logoUtilities to Post Q1 Earnings on May 1: CMS, EIX, UGI, OTTR - April 28 at 8:34 AM logoOtter Tail Corporation Will Host Conference Call on First Quarter 2017 Financial Results - April 24 at 2:20 PM logoOtter Tail (OTTR) Receiving Somewhat Negative Press Coverage, Analysis Shows - April 23 at 3:59 PM logoZacks: Analysts Expect Otter Tail Co. (OTTR) Will Post Earnings of $0.44 Per Share - April 21 at 3:41 PM logoOtter Tail (OTTR) Getting Somewhat Negative Press Coverage, Analysis Finds - April 20 at 8:36 PM logoOtter Tail Co. (OTTR) Forecasted to Earn Q1 2017 Earnings of $0.44 Per Share - April 20 at 8:36 AM logoPositive Press Coverage Unlikely to Effect Otter Tail (OTTR) Stock Price - April 16 at 1:49 PM logoZacks Investment Research Downgrades Otter Tail Co. (OTTR) to Sell - April 11 at 7:19 AM logoOtter Tail Corporation held its 107th Annual Meeting of Shareholders - April 10 at 6:36 PM logoOtter Tail Co. (OTTR) Stock Rating Upgraded by Sidoti - March 24 at 10:31 AM logoOTTER TAIL CORP Files SEC form 10-K, Annual Report - February 22 at 7:12 PM logoOTTER TAIL CORP Files SEC form 8-K, Results of Operations and Financial Condition - February 9 at 8:14 PM logoEdited Transcript of OTTR earnings conference call or presentation 7-Feb-17 4:00pm GMT - February 8 at 1:12 AM logoOtter Tail's (OTTR) CEO Chuck MacFarlane on Q4 2016 Results - Earnings Call Transcript - February 7 at 8:11 PM logoOtter Tail Corp (OTTR) Tops Q4 EPS by 1c - February 7 at 12:10 AM logoCoverage initiated on Otter Tail Power by Williams Capital Group - February 6 at 7:08 PM logoOtter Tail Corporation Reports 2016 Diluted Earnings per Share from Continuing Operations of $1.60, Increases Quarterly Dividend and Provides 2017 Earnings Guidance from Continuing Operations of $1.60 to $1.75 per Share - February 6 at 7:08 PM logoQ4 2016 Otter Tail Corp Earnings Release - After Market Close - February 6 at 9:17 AM logo3:01 pm Otter Tail Power raises quarterly dividend to $0.32/share from $0.3125/share - February 4 at 7:04 PM logoOtter Tail Corporation Increases Quarterly Dividend - February 2 at 8:02 PM logoOtter Tail Corp (OTTR) Raises Quarterly Dividend 2.4% to $0.32; 3.4% Yield - February 2 at 8:02 PM logoOtter Tail Corporation will Host Conference Call on 2016 Financial Results - January 30 at 7:45 PM logoOTTER TAIL CORP Files SEC form 8-K, Creation of a Direct Financial Obligation or an Obligation under an Off-Balance S - December 15 at 8:04 PM logoSidoti Starts Otter Tail Corporation (OTTR) at Neutral - - December 9 at 12:34 AM logoOTTER TAIL CORP Financials - November 17 at 6:24 PM logoOtter Tail Power Company announces purchase of new wind farm in North Dakota - November 17 at 10:37 AM logo9:02 am Otter Tail Power to purchase a 150-MW wind farm in southeastern North Dakota that EDF Renewable Energy will design and build in 2019 - November 17 at 10:37 AM logoOTTER TAIL CORP Files SEC form 8-K, Entry into a Material Definitive Agreement - November 17 at 10:37 AM logoEDF Renewable Energy Signs Agreement with Otter Tail Power Company - November 17 at 10:37 AM



Otter Tail (OTTR) Chart for Monday, May, 29, 2017

This page was last updated on 5/29/2017 by Staff