NASDAQ:OTTR - Otter Tail Stock Price, News, & Analysis

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$50.23 +1.12 (+2.28 %)
(As of 02/15/2019 04:00 PM ET)
Previous Close$50.23
Today's Range$49.37 - $50.23
52-Week Range$39.65 - $51.88
Volume89,776 shs
Average Volume78,466 shs
Market Capitalization$1.99 billion
P/E Ratio27.01
Dividend Yield2.73%
Beta0.37
Otter Tail Corporation, together with its subsidiaries, engages in electric, manufacturing, and plastics businesses in the United States. The company's 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, Inc. markets. This segment generates electricity through coal, wind and hydro, and natural gas and oil sources. It serves approximately 130,000 residential, commercial, industrial, and other customers. Otter Tail Corporation's Manufacturing segment stamps, fabricates, welds, paints, and laser cuts metal components for use in the recreational vehicle, agricultural, oil and gas, lawn and garden, industrial equipment, health and fitness, and enclosure industries; manufactures and fabricates parts for off-road equipment, mining machinery, oil fields and offshore oil rigs, wind industry components, broadcast antennae, and farm equipment; and provides laser cutting services and stamping to weldments and assemblies for metal fabrication buyers and original equipment manufacturers. It also manufactures and sells thermoformed products for the horticulture industry; and clamshell packing, blister packs, returnable pallets, and handling trays for shipping and storing odd-shaped or difficult-to-handle parts for customers in the medical and life sciences, industrial, recreation, and electronics industries. The company's Plastics segment manufactures polyvinyl chloride pipes for municipal water, rural water, wastewater, storm drainage system, and other uses. This segment markets its products to wholesalers and distributors through independent sales representatives, company salespersons, and customer service representatives. The company was formerly known as Otter Tail Power Company and changed its name to Otter Tail Corporation in 2001. Otter Tail Corporation was founded in 1907 and is headquartered in Fergus Falls, Minnesota.

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Industry, Sector and Symbol

Industry Electric services
Sub-IndustryElectric Utilities
SectorUtilities
Current SymbolNASDAQ:OTTR
CUSIP68964810
Phone866-410-8780

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$849.35 million
Cash Flow$3.7541 per share
Book Value$17.62 per share

Profitability

Net Income$72.43 million

Miscellaneous

Employees668
Market Cap$1.99 billion
OptionableOptionable

Otter Tail (NASDAQ:OTTR) Frequently Asked Questions

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 Wednesday, February 6th. Shareholders of record on Friday, February 15th will be given a dividend of $0.35 per share on Saturday, March 9th. This represents a $1.40 annualized dividend and a dividend yield of 2.79%. The ex-dividend date of this dividend is Thursday, February 14th. This is a boost from Otter Tail's previous quarterly dividend of $0.34. View Otter Tail's Dividend History.

How were Otter Tail's earnings last quarter?

Otter Tail Co. (NASDAQ:OTTR) released its quarterly earnings data on Monday, November, 5th. The utilities provider reported $0.58 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.42 by $0.16. The utilities provider had revenue of $227.70 million for the quarter. Otter Tail had a return on equity of 12.38% and a net margin of 9.59%. The business's revenue was up 5.2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.45 EPS. View Otter Tail's Earnings History.

When is Otter Tail's next earnings date?

Otter Tail is scheduled to release their next quarterly earnings announcement on Monday, February 18th 2019. View Earnings Estimates for Otter Tail.

How can I listen to Otter Tail's earnings call?

Otter Tail will be holding an earnings conference call on Tuesday, February 19th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8773128789.

What price target have analysts set for OTTR?

1 brokers have issued 1-year price objectives for Otter Tail's shares. Their predictions range from $42.00 to $42.00. On average, they anticipate Otter Tail's stock price to reach $42.00 in the next year. This suggests that the stock has a possible downside of 16.4%. View Analyst Price Targets for Otter Tail.

What is the consensus analysts' recommendation for Otter Tail?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Otter Tail in the last year. There are currently 1 sell rating for the stock, resulting in a consensus recommendation of "Sell." View Analyst Ratings for Otter Tail.

Has Otter Tail been receiving favorable news coverage?

News stories about OTTR stock have been trending somewhat negative on Saturday, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Otter Tail earned a daily sentiment score of -1.0 on InfoTrie's scale. They also gave press coverage about the utilities provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the near term.

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:
  • Mr. Charles S. MacFarlane, Pres, CEO & Director (Age 54)
  • Mr. Kevin G. Moug, CFO, Sr. VP & Principal Accounting Officer (Age 59)
  • Mr. Timothy J. Rogelstad, Sr. VP of Electric Platform (Age 52)
  • John S. Abbott, Sr. VP of Manufacturing Platform & Pres of Varistar (Age 60)
  • Ms. Jennifer O. Smestad, VP, Gen. Counsel & Corp. Sec. (Age 48)

Who are Otter Tail's major shareholders?

Otter Tail's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.13%), Dimensional Fund Advisors LP (3.04%), Gabelli Funds LLC (2.57%), Northern Trust Corp (2.34%), First Trust Advisors LP (1.26%) and Geode Capital Management LLC (1.19%). 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.

Which major investors are selling Otter Tail stock?

OTTR stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Gabelli Funds LLC, Assenagon Asset Management S.A., Barclays PLC, First Trust Advisors LP, MetLife Investment Advisors LLC, Millennium Management LLC and Acadian Asset Management LLC. Company insiders that have sold Otter Tail company stock in the last year include John D Erickson, Kevin G Moug and Paul L Knutson. View Insider Buying and Selling for Otter Tail.

Which major investors are buying Otter Tail stock?

OTTR stock was purchased by a variety of institutional investors in the last quarter, including Stifel Financial Corp, BlackRock Inc., Geode Capital Management LLC, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, Rhumbline Advisers, Dimensional Fund Advisors LP, Zacks Investment Management and Bank of America Corp DE. View Insider Buying and Selling for Otter Tail.

How do I buy shares of Otter Tail?

Shares of OTTR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Otter Tail's stock price today?

One share of OTTR stock can currently be purchased for approximately $50.23.

How big of a company is Otter Tail?

Otter Tail has a market capitalization of $1.99 billion and generates $849.35 million in revenue each year. The utilities provider earns $72.43 million in net income (profit) each year or $1.86 on an earnings per share basis. Otter Tail employs 668 workers across the globe.

What is Otter Tail's official website?

The official website for Otter Tail is http://www.ottertail.com.

How can I contact Otter Tail?

Otter Tail's mailing address is 215 S CASCADE ST PO BOX 496, FERGUS FALLS MN, 56538. The utilities provider can be reached via phone at 866-410-8780 or via email at [email protected]


MarketBeat Community Rating for Otter Tail (NASDAQ OTTR)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  182 (Vote Outperform)
Underperform Votes:  223 (Vote Underperform)
Total Votes:  405
MarketBeat's community ratings are surveys of what our community members think about Otter Tail and other stocks. Vote "Outperform" if you believe OTTR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe OTTR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/16/2019 by MarketBeat.com Staff

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