NASDAQ:OTTR Otter Tail (OTTR) Stock Forecast, Price & News $73.40 -0.81 (-1.09%) (As of 02:49 PM ET) Add Compare Share Share Today's Range$73.12▼$74.2550-Day Range$68.56▼$78.7452-Week Range$52.60▼$82.46Volume83,050 shsAverage Volume325,501 shsMarket Capitalization$3.06 billionP/E Ratio11.21Dividend Yield2.38%Price Target$71.50 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Otter Tail MarketRank™ ForecastAnalyst RatingHold1.50 Rating ScoreUpside/Downside2.6% Downside$71.50 Price TargetShort InterestBearish8.35% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.49Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth-30.36%From $4.71 to $3.28 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.53 out of 5 starsUtilities Sector157th out of 166 stocksElectric Services Industry77th out of 80 stocks 0.8 Analyst's Opinion Consensus RatingOtter Tail has received a consensus rating of Hold. The company's average rating score is 1.50, and is based on no buy ratings, 1 hold rating, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $71.50, Otter Tail has a forecasted downside of 2.6% from its current price of $73.39.Amount of Analyst CoverageOtter Tail has only been the subject of 2 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted8.35% of the float of Otter Tail has been sold short.Short Interest Ratio / Days to CoverOtter Tail has a short interest ratio ("days to cover") of 8.Change versus previous monthShort interest in Otter Tail has recently increased by 20.46%, indicating that investor sentiment is decreasing significantly. Previous Next 4.2 Dividend Strength Dividend YieldOtter Tail pays a meaningful dividend of 2.33%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthOtter Tail has been increasing its dividend for 10 years.Dividend CoverageThe dividend payout ratio of Otter Tail is 26.72%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Otter Tail will have a dividend payout ratio of 53.35% next year. This indicates that Otter Tail will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for OTTR. Previous Next 3.0 News and Social Media Coverage News SentimentOtter Tail has a news sentiment score of 0.49. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.38 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Otter Tail this week, compared to 3 articles on an average week.Search Interest17 people have searched for OTTR on MarketBeat in the last 30 days. This is an increase of 143% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Otter Tail to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Otter Tail insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.10% of the stock of Otter Tail is held by insiders.Percentage Held by Institutions49.01% of the stock of Otter Tail is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Otter Tail are expected to decrease by -30.36% in the coming year, from $4.71 to $3.28 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Otter Tail is 11.20, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.48.Price to Earnings Ratio vs. SectorThe P/E ratio of Otter Tail is 11.20, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 89.23.Price to Book Value per Share RatioOtter Tail has a P/B Ratio of 2.42. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Otter Tail (NASDAQ:OTTR) StockOtter Tail Corp. is a holding company engaged in the energy, infrastructure, and production businesses. It operates through the following segments: Electric, Manufacturing, and Plastics. The Electric segment is involved in the generation, purchase, transmission, distribution, and sale of electric energy in western Minnesota, eastern North Dakota, and northeastern South Dakota. The Manufacturing segment consists of businesses in the manufacturing arena, including contract machining, metal parts stamping, fabrication, and painting, and the production of plastic thermoformed horticultural containers, life science and industrial packaging, material handling components, and extruded raw material stock. The Plastics segment offers businesses that produce polyvinyl chloride pipes at plants in North Dakota and Arizona. The company was founded in 1907 and is headquartered in Fergus Falls, MN.Read More Receive OTTR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Otter Tail and its competitors with MarketBeat's FREE daily newsletter. Email Address OTTR Stock News HeadlinesMay 31, 2023 | msn.comTwo hurt in Otter Tail County crashMay 30, 2023 | finance.yahoo.comZacks.com featured highlights MicroStrategy, MBIA, Gen Digital, Luna Innovations and Otter TailJune 1, 2023 | Edge On The Street (Ad)Graphite Shortage Could Derail the $7 Trillion EV TransitionGraphite (not lithium) is expected to see the largest increase in demand of all battery metals over the next decade. But projections warn of an 8 million ton shortfall of graphite by 2040. That's why 97 more graphite mines are needed just to keep up with battery production for the $7 trillion transition to electric vehicles.May 26, 2023 | finance.yahoo.comAnalysts Initiate Coverage: 5 Stocks in FocusMay 22, 2023 | americanbankingnews.comStockNews.com Initiates Coverage on Otter Tail (NASDAQ:OTTR)May 19, 2023 | americanbankingnews.comOtter Tail Co. (NASDAQ:OTTR) Expected to Earn Q3 2023 Earnings of $1.17 Per ShareMay 18, 2023 | msn.comOtter Tail: Positioned For Any Economy And Has An Attractive ValuationMay 7, 2023 | finance.yahoo.comOtter Tail Corporation (NASDAQ:OTTR) Looks Like A Good Stock, And It's Going Ex-Dividend SoonJune 1, 2023 | Edge On The Street (Ad)AI Getting Close to Thinking Like HumansTechnology experts working with neuroscientists have created the world's first Artificial Intelligence Network Operating System. AI can now process information like the human brain and understand the world the way humans do.May 6, 2023 | finance.yahoo.comOtter Tail (NASDAQ:OTTR) Has Announced That It Will Be Increasing Its Dividend To $0.4375May 6, 2023 | americanbankingnews.comSiebert Williams Shank Lowers Otter Tail (NASDAQ:OTTR) to SellMay 5, 2023 | americanbankingnews.comOtter Tail (NASDAQ:OTTR) Rating Lowered to Hold at Maxim GroupMay 4, 2023 | msn.comMan dies in Otter Tail County crashMay 3, 2023 | msn.comOtter Tail hit with two downgrades on lower outlook for PVC pipe businessMay 3, 2023 | msn.comMaxim Group Downgrades Otter Tail (OTTR)May 3, 2023 | msn.comOtter Tail (OTTR) Declares $0.44 DividendMay 3, 2023 | finance.yahoo.comQ1 2023 Otter Tail Corp Earnings CallMay 2, 2023 | seekingalpha.comOtter Tail Corporation 2023 Q1 - Results - Earnings Call PresentationMay 2, 2023 | msn.comOtter Tail beats Q1 top and bottom line estimates; raises FY23 outlookMay 2, 2023 | markets.businessinsider.comOtter Tail Power earnings: here's what Wall Street expectsMay 2, 2023 | nasdaq.comOtter Tail (OTTR) Beats Q1 Earnings and Revenue EstimatesMay 1, 2023 | finance.yahoo.comOtter Tail Corporation Announces First Quarter Earnings, Increases 2023 Earnings Guidance, Board of Directors Declares Quarterly Dividend of $0.4375 per ShareApril 30, 2023 | americanbankingnews.comOtter Tail (OTTR) Scheduled to Post Quarterly Earnings on MondayApril 29, 2023 | americanbankingnews.comOtter Tail (OTTR) Set to Announce Quarterly Earnings on MondayApril 26, 2023 | msn.comTop 10 things I saw among the 900 brands on display at the Sea Otter ClassicApril 26, 2023 | finance.yahoo.comWith 58% ownership, Otter Tail Corporation (NASDAQ:OTTR) boasts of strong institutional backingApril 11, 2023 | finance.yahoo.comOtter Tail Corporation Will Host Conference Call on First Quarter 2023 Financial ResultsSee More Headlines OTTR Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart OTTR Company Calendar Last Earnings10/31/2021Ex-Dividend for 3/10 Dividend2/13/2023Dividend Payable3/10/2023Ex-Dividend for 6/9 Dividend5/12/2023Today6/01/2023Dividend Payable6/09/2023Next Earnings (Estimated)8/07/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Electric services Sub-IndustryElectric Utilities SectorUtilities Current SymbolNASDAQ:OTTR CUSIP68964810 CIK1466593 Webwww.ottertail.com Phone(866) 410-8780Fax218-998-3165Employees2,422Year Founded1907Price Target and Rating Average Stock Price Forecast$71.50 High Stock Price Forecast$75.00 Low Stock Price Forecast$68.00 Forecasted Upside/Downside-2.6%Consensus RatingHold Rating Score (0-4)1.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$6.55 Trailing P/E Ratio11.20 Forward P/E Ratio15.58 P/E GrowthN/ANet Income$284.18 million Net Margins19.28% Pretax Margin24.13% Return on Equity22.98% Return on Assets9.42% Debt Debt-to-Equity Ratio0.65 Current Ratio1.73 Quick Ratio1.18 Sales & Book Value Annual Sales$1.46 billion Price / Sales2.10 Cash Flow$8.83 per share Price / Cash Flow8.31 Book Value$30.30 per share Price / Book2.42Miscellaneous Outstanding Shares41,710,000Free Float40,835,000Market Cap$3.06 billion OptionableOptionable Beta0.52 Social Links Key ExecutivesCharles S. MacFarlanePresident, Chief Executive Officer & DirectorKevin G. MougChief Financial Officer & Senior Vice PresidentJennifer O. SmestadSecretary, Vice President & General CounselTimothy J. RogelstadSenior Vice President-Electric PlatformJohn S. AbbottSenior Vice President-Manufacturing PlatformKey CompetitorsHawaiian Electric IndustriesNYSE:HEPNM ResourcesNYSE:PNMPortland General ElectricNYSE:PORIDACORPNYSE:IDAOGE EnergyNYSE:OGEView All CompetitorsInsiders & InstitutionsProShare Advisors LLCBought 685 shares on 5/26/2023Ownership: 0.014%Toroso Investments LLCBought 6,570 shares on 5/23/2023Ownership: 0.016%Ameriprise Financial Inc.Bought 153,790 shares on 5/22/2023Ownership: 0.454%Putnam Investments LLCSold 459 shares on 5/22/2023Ownership: 0.026%New York State Common Retirement FundSold 23,000 shares on 5/18/2023Ownership: 0.128%View All Insider TransactionsView All Institutional Transactions OTTR Stock - Frequently Asked Questions Should I buy or sell Otter Tail stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Otter Tail in the last twelve months. There are currently 1 sell rating and 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" OTTR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in OTTR, but not buy additional shares or sell existing shares. View OTTR analyst ratings or view top-rated stocks. What is Otter Tail's stock price forecast for 2023? 2 brokerages have issued 12 month price objectives for Otter Tail's stock. Their OTTR share price forecasts range from $68.00 to $75.00. On average, they predict the company's share price to reach $71.50 in the next year. This suggests that the stock has a possible downside of 2.6%. View analysts price targets for OTTR or view top-rated stocks among Wall Street analysts. How have OTTR shares performed in 2023? Otter Tail's stock was trading at $58.71 at the beginning of the year. Since then, OTTR shares have increased by 25.0% and is now trading at $73.39. View the best growth stocks for 2023 here. Are investors shorting Otter Tail? Otter Tail saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 3,120,000 shares, an increase of 20.5% from the April 30th total of 2,590,000 shares. Based on an average daily volume of 390,100 shares, the short-interest ratio is currently 8.0 days. Approximately 8.4% of the company's stock are sold short. View Otter Tail's Short Interest. When is Otter Tail's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, August 7th 2023. View our OTTR earnings forecast. How were Otter Tail's earnings last quarter? Otter Tail Co. (NASDAQ:OTTR) announced its earnings results on Sunday, October, 31st. The utilities provider reported $1.26 earnings per share for the quarter, topping the consensus estimate of $1.13 by $0.13. The utilities provider earned $316.29 million during the quarter, compared to analyst estimates of $317.63 million. Otter Tail had a trailing twelve-month return on equity of 22.98% and a net margin of 19.28%. The company's quarterly revenue was up 34.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.87 EPS. How often does Otter Tail pay dividends? What is the dividend yield for Otter Tail? Otter Tail announced a quarterly dividend on Monday, May 1st. Stockholders of record on Monday, May 15th will be given a dividend of $0.438 per share on Friday, June 9th. This represents a $1.75 dividend on an annualized basis and a dividend yield of 2.39%. The ex-dividend date of this dividend is Friday, May 12th. Read our dividend analysis for OTTR. What ETFs hold Otter Tail's stock? ETFs with the largest weight of Otter Tail (NASDAQ:OTTR) stock in their portfolio include Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU), Invesco DWA Utilities Momentum ETF (PUI), Opus Small Cap Value Plus ETF (OSCV), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), First Trust NASDAQ BuyWrite Income ETF (FTQI), Inspire Fidelis Multi Factor ETF (FDLS) and First Trust Active Factor Small Cap ETF (AFSM).WisdomTree U.S. SmallCap Dividend Fund (DES). Is Otter Tail a good dividend stock? Otter Tail (NASDAQ:OTTR) pays an annual dividend of $1.75 per share and currently has a dividend yield of 2.33%. The company has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 26.72%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, OTTR will have a dividend payout ratio of 53.35% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for OTTR. What guidance has Otter Tail issued on next quarter's earnings? Otter Tail issued an update on its FY23 earnings guidance on Tuesday, May, 2nd. The company provided earnings per share guidance of $4.55-4.85 for the period, compared to the consensus EPS estimate of $3.94. What is Nathan I. Partain's approval rating as Otter Tail's CEO? 9 employees have rated Otter Tail Chief Executive Officer Nathan I. Partain on Glassdoor.com. Nathan I. Partain has an approval rating of 78% among the company's employees. What other stocks do shareholders of Otter Tail own? Based on aggregate information from My MarketBeat watchlists, some companies that other Otter Tail investors own include Gilead Sciences (GILD), QUALCOMM (QCOM), AT&T (T), Dominion Energy (D), ONEOK (OKE), Occidental Petroleum (OXY), Pfizer (PFE), Exxon Mobil (XOM), B&G Foods (BGS) and What is Otter Tail's stock symbol? Otter Tail trades on the NASDAQ under the ticker symbol "OTTR." Who are Otter Tail's major shareholders? Otter Tail's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (15.64%), State Street Corp (3.54%), First Trust Advisors LP (2.53%), Dimensional Fund Advisors LP (2.51%), Geode Capital Management LLC (1.96%) and Gabelli Funds LLC (1.74%). Insiders that own company stock include John D Erickson and Timothy J O'keefe. View institutional ownership trends. How do I buy shares of Otter Tail? Shares of OTTR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Otter Tail's stock price today? One share of OTTR stock can currently be purchased for approximately $73.39. How much money does Otter Tail make? Otter Tail (NASDAQ:OTTR) has a market capitalization of $3.06 billion and generates $1.46 billion in revenue each year. The utilities provider earns $284.18 million in net income (profit) each year or $6.55 on an earnings per share basis. How many employees does Otter Tail have? The company employs 2,422 workers across the globe. How can I contact Otter Tail? Otter Tail's mailing address is 215 S CASCADE ST PO BOX 496, FERGUS FALLS MN, 56538. The official website for the company is www.ottertail.com. The utilities provider can be reached via phone at (866) 410-8780, via email at lhanson@ottertail.com, or via fax at 218-998-3165. This page (NASDAQ:OTTR) was last updated on 6/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Otter Tail Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.