About Otter Tail Corporation (NASDAQ:OTTR)
Otter 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: Electric Utilities
- Sub-Industry: Electric Utilities
- Symbol: NASDAQ:OTTR
- CUSIP: 68964810
- Web: www.ottertail.com
- Market Cap: $1.83 billion
- Outstanding Shares: 39,557,000
- 50 Day Moving Avg: $43.85
- 200 Day Moving Avg: $40.87
- 52 Week Range: $33.45 - $46.95
Sales & Book Value:
- Trailing P/E Ratio: 26.68
- Foreward P/E Ratio: 24.81
- P/E Growth: 5.05
- Annual Revenue: $820.02 million
- Price / Sales: 2.23
- Book Value: $17.35 per share
- Price / Book: 2.66
- Annual Dividend: $1.28
- Dividend Yield: 2.8%
- EBITDA: $191.22 million
- Net Margins: 8.35%
- Return on Equity: 10.14%
- Return on Assets: 3.57%
- Debt-to-Equity Ratio: 0.71%
- Current Ratio: 0.93%
- Quick Ratio: 0.56%
- Average Volume: 71,914 shs.
- Beta: 0.78
- Short Ratio: 4.66
Frequently Asked Questions for Otter Tail Corporation (NASDAQ:OTTR)
What is Otter Tail Corporation's stock symbol?
Otter Tail Corporation trades on the NASDAQ under the ticker symbol "OTTR."
How often does Otter Tail Corporation pay dividends? What is the dividend yield for Otter Tail Corporation?
Otter Tail Corporation declared a quarterly dividend on Friday, August 4th. Stockholders of record on Tuesday, August 15th will be paid a dividend of $0.32 per share on Saturday, September 9th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.77%. The ex-dividend date of this dividend is Friday, August 11th. View Otter Tail Corporation's Dividend History.
How were Otter Tail Corporation's earnings last quarter?
Otter Tail Corporation (NASDAQ:OTTR) released its earnings results on Monday, August, 7th. The company reported $0.42 earnings per share for the quarter, topping analysts' consensus estimates of $0.41 by $0.01. The company earned $212.10 million during the quarter, compared to the consensus estimate of $211.30 million. Otter Tail Corporation had a net margin of 8.35% and a return on equity of 10.14%. The company's revenue was up 4.2% compared to the same quarter last year. During the same period last year, the firm posted $0.41 earnings per share. View Otter Tail Corporation's Earnings History.
When will Otter Tail Corporation make its next earnings announcement?
Where is Otter Tail Corporation's stock going? Where will Otter Tail Corporation's stock price be in 2017?
3 brokerages have issued 12 month price objectives for Otter Tail Corporation's shares. Their predictions range from $36.00 to $46.00. On average, they expect Otter Tail Corporation's share price to reach $41.00 in the next year. View Analyst Ratings for Otter Tail Corporation.
Who are some of Otter Tail Corporation's key competitors?
Some companies that are related to Otter Tail Corporation include PNM Resources, Inc. (Holding Co.) (PNM), Ormat Technologies (ORA), UIL Holdings (UIL), NorthWestern Corporation (NWE), Capital Power Corp (CPX), Companhia Paranaense de Energia (COPEL) (ELP), MGE Energy (MGEE), El Paso Electric Company (EE), Atlantica Yield PLC (ABY), Empresa Distribuidora Y Comercializadora Norte S.A. (Edenor) (EDN), NRG Yield (NYLD), Dynegy (DYN), Kenon Holdings (KEN), Unitil (UTL), Atlantic Power Corporation (AT), Spark Energy (SPKE), OPG Power Ventures Plc. (OPG) and US Geothermal (HTM).
Who are Otter Tail Corporation's key executives?
Otter Tail Corporation'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 Corporation stock?
Otter Tail Corporation's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Alpha Windward LLC (0.03%) and Murphy Capital Management Inc. (0.01%). Company insiders that own Otter Tail Corporation stock include George A Koeck, John D Erickson, Kevin G Moug and Paul L Knutson. View Institutional Ownership Trends for Otter Tail Corporation.
Who bought Otter Tail Corporation stock? Who is buying Otter Tail Corporation stock?
How do I buy Otter Tail Corporation stock?
Shares of Otter Tail Corporation 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 Corporation's stock price today?
MarketBeat Community Rating for Otter Tail Corporation (NASDAQ OTTR)MarketBeat's community ratings are surveys of what our community members think about Otter Tail Corporation 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.
One share of Otter Tail Corporation stock can currently be purchased for approximately $46.15.
Consensus Ratings for Otter Tail Corporation (NASDAQ:OTTR) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||2 Hold Ratings, 1 Buy Rating|
|Consensus Rating:||Hold (Score: 2.33)|
|Consensus Price Target: ||$41.00 (11.16% downside)|Consensus Price Target History for Otter Tail Corporation (NASDAQ:OTTR)
Analysts' Ratings History for Otter Tail Corporation (NASDAQ:OTTR)
(Data available from 10/24/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|3/24/2017||Sidoti||Upgrade||Neutral -> Buy||$46.00||Low|
|2/6/2017||Williams Capital||Initiated Coverage||Hold||$36.00||N/A|
Earnings History for Otter Tail Corporation (NASDAQ:OTTR)Earnings History by Quarter for Otter Tail Corporation (NASDAQ OTTR)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/7/2017||Q2 2017||$0.41||$0.42||$211.30 million||$212.10 million||View||Listen|
|5/1/2017||Q1 2017||$0.43||$0.49||$211.80 million||$214.10 million||View||Listen|
|2/6/2017||Q4 2016||$0.43||$0.44||$192.40 million||$196.90 million||View||Listen|
|11/2/2016||Q316||$0.45||$0.37||$204.00 million||$197.20 million||View||N/A|
|8/8/2016||Q2||$0.38||$0.41||$194.00 million||$203.50 million||View||N/A|
|5/2/2016||Q1||$0.31||$0.38||$207.70 million||$206.20 million||View||N/A|
|11/2/2015||Q3||$0.44||$0.42||$202.65 million||$200.02 million||View||Listen|
|8/3/2015||Q215||$0.23||$0.36||$200.15 million||$188.15 million||View||Listen|
|5/4/2015||Q115||$0.55||$0.37||$216.80 million||$202.84 million||View||Listen|
|2/10/2015||Q414||$0.45||$0.43||$235.00 million||$193.41 million||View||Listen|
|11/3/2014||Q314||$0.41||$0.43||$240.75 million||$242.40 million||View||N/A|
|8/4/2014||Q214||$0.23||$0.27||$221.20 million||$234.61 million||View||N/A|
|5/6/2014||Q114||$0.53||$0.59||$227.75 million||$240.47 million||View||N/A|
|11/4/2013||Q313||$0.40||$0.41||$221.40 million||$229.77 million||View||N/A|
|8/5/2013||Q2 2013||$0.26||$0.21||$220.40 million||$212.39 million||View||N/A|
|5/6/2013||Q1 2013||$0.34||$0.41||$224.25 million||$217.95 million||View||N/A|
|2/11/2013||Q4 2012||$0.30||$0.47||$213.85 million||$212.63 million||View||N/A|
|11/5/2012||Q312||$0.35||$0.35||$266.21 million||$277.14 million||View||N/A|
Earnings Estimates for Otter Tail Corporation (NASDAQ:OTTR)
2017 EPS Consensus Estimate: $1.70
2018 EPS Consensus Estimate: $1.82
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Otter Tail Corporation (NASDAQ:OTTR)
|Most Recent Dividend:||9/9/2017|
|Payout Ratio:||74.42% (Trailing 12 Months of Earnings) |
73.14% (Based on This Year's Estimates)
68.82% (Based on Next Year's Estimates)
Dividend History by Quarter for Otter Tail Corporation (NASDAQ OTTR)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Otter Tail Corporation (NASDAQ:OTTR)
Insider Ownership Percentage: 1.40%Insider Trades by Quarter for Otter Tail Corporation (NASDAQ:OTTR)
Institutional Ownership Percentage: 40.60%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/16/2017||Kevin G. Moug||CFO||Sell||1,500||$41.75||$62,625.00|| |
|5/15/2017||Kevin G. Moug||CFO||Sell||800||$37.25||$29,800.00|| |
|3/13/2017||George A. Koeck||VP||Sell||4,000||$36.30||$145,200.00|| |
|2/15/2017||Kevin G. Moug||CFO||Sell||800||$37.80||$30,240.00|| |
|1/9/2017||Paul L. Knutson||VP||Sell||500||$39.80||$19,900.00|| |
|11/21/2016||John D. Erickson||Director||Sell||2,900||$37.33||$108,257.00|| |
|11/10/2016||Kevin G. Moug||CFO||Sell||800||$35.20||$28,160.00|| |
|8/16/2016||Kevin G. Moug||CFO||Sell||800||$34.07||$27,256.00|| |
|8/11/2016||Paul L. Knutson||VP||Sell||1,700||$34.50||$58,650.00|| |
|8/17/2015||George A Koeck||SVP||Sell||2,500||$27.65||$69,125.00|| |
|11/18/2014||John D Erickson||Director||Sell||4,000||$29.30||$117,200.00|| |
|8/22/2014||George A Koeck||SVP||Sell||2,000||$28.34||$56,680.00|| |
|2/21/2014||George Koeck||SVP||Sell||6,201||$30.53||$189,316.53|| |
|2/20/2014||Kevin Moug||CFO||Sell||7,550||$30.34||$229,067.00|| |
|11/26/2013||John Erickson||Director||Sell||4,102||$29.42||$120,680.84|| |
|11/14/2013||George Koeck||SVP||Sell||3,000||$29.57||$88,710.00|| |
|9/13/2013||Steven Fritze||Director||Buy||4,000||$27.01||$108,040.00|| |
|6/12/2013||Arvid R Liebe||Director||Sell||2,000||$28.01||$56,020.00|| |
|5/20/2013||Kevin G Moug||CFO||Sell||2,617||$29.66||$77,620.22|| |
|11/26/2012||John D Erickson||Director||Sell||5,962||$23.75||$141,597.50|| |
Headline Trends for Otter Tail Corporation (NASDAQ:OTTR)
Latest Headlines for Otter Tail Corporation (NASDAQ:OTTR)
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Otter Tail Corporation (OTTR) Chart for Tuesday, October, 24, 2017