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Otter Tail Stock Price, Forecast & Analysis (NASDAQ:OTTR)

$49.25
+0.39 (+0.80 %)
(As of 11/16/2019 08:00 AM ET)
Today's Range
$48.65
Now: $49.25
$49.34
50-Day Range
$49.02
MA: $53.68
$57.46
52-Week Range
$45.94
Now: $49.25
$57.74
Volume69,900 shs
Average Volume80,860 shs
Market Capitalization$1.96 billion
P/E Ratio23.91
Dividend Yield2.87%
Beta0.32
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. Read More…

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$916.45 million
Cash Flow$3.99 per share
Book Value$19.03 per share

Profitability

Net Income$82.35 million

Miscellaneous

Employees2,321
Market Cap$1.96 billion
Next Earnings Date2/17/2020 (Estimated)
OptionableOptionable

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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 Monday, November 4th. Investors of record on Friday, November 15th will be paid a dividend of $0.35 per share on Tuesday, December 10th. This represents a $1.40 annualized dividend and a dividend yield of 2.84%. The ex-dividend date of this dividend is Thursday, November 14th. 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, 4th. The utilities provider reported $0.62 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.65 by $0.03. The utilities provider had revenue of $228.70 million for the quarter, compared to analyst estimates of $240.30 million. Otter Tail had a return on equity of 10.86% and a net margin of 8.72%. The firm's revenue for the quarter was up .4% on a year-over-year basis. During the same period in the prior year, the company earned $0.58 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 17th 2020. View Earnings Estimates for Otter Tail.

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

Otter Tail updated its FY19 earnings guidance on Monday, November, 4th. The company provided earnings per share guidance of $2.10-2.20 for the period, compared to the Thomson Reuters consensus estimate of $2.21.

What price target have analysts set for OTTR?

3 equities research analysts have issued 12 month price objectives for Otter Tail's stock. Their forecasts range from $48.00 to $60.00. On average, they expect Otter Tail's stock price to reach $54.00 in the next year. This suggests a possible upside of 9.6% from the stock's current price. View Analyst Price Targets for Otter Tail.

What is the consensus analysts' recommendation for Otter Tail?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Otter Tail in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Otter Tail.

What are Wall Street 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. " (5/21/2019)
  • 2. Maxim Group analysts commented, "$0.66 was below our $0.69 forecast and flat y/y as growth in OTTR’s electric utility business (about 70% of income) offset a y/y decline in non-utility net income, due partly to weather." (5/7/2019)

Has Otter Tail been receiving favorable news coverage?

News articles about OTTR stock have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Otter Tail earned a media sentiment score of 2.0 on InfoTrie's scale. They also assigned media coverage about the utilities provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Otter Tail.

Are investors shorting Otter Tail?

Otter Tail saw a drop in short interest in October. As of October 31st, there was short interest totalling 217,700 shares, a drop of 9.6% from the September 30th total of 240,800 shares. Based on an average daily volume of 76,300 shares, the days-to-cover ratio is currently 2.9 days. Currently, 0.6% of the shares of the company are short sold. View Otter Tail's Current Options Chain.

Who are some of Otter Tail's key competitors?

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 Ford Motor (F), QUALCOMM (QCOM), Cisco Systems (CSCO), Micron Technology (MU), WSI Industries (WSCI), Intel (INTC), General Electric (GE), Kinder Morgan (KMI), AT&T (T) and Amgen (AMGN).

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, Sr. VP & CFO (Age 59)
  • Ms. Jennifer O. Smestad, VP, Gen. Counsel & Corp. Sec. (Age 48)
  • Mr. Timothy J. Rogelstad, Sr. VP of Electric Platform (Age 52)
  • Mr. John S. Abbott, Sr. VP of Manufacturing Platform & Pres of Varistar (Age 60)

Who are Otter Tail's major shareholders?

Otter Tail's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Gabelli Funds LLC (2.22%), First Trust Advisors LP (1.98%), Gamco Investors INC. ET AL (0.80%), California Public Employees Retirement System (0.25%), Rhumbline Advisers (0.15%) and Foundry Partners LLC (0.11%). Company insiders that own Otter Tail stock include 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 Gabelli Funds LLC, Gamco Investors INC. ET AL, Chicago Equity Partners LLC, Livingston Group Asset Management CO operating as Southport Capital Management, Hancock Whitney Corp and Commonwealth Equity Services LLC. Company insiders that have sold Otter Tail company stock in the last year include John D Erickson and Paul L Knutson. View Insider Buying and Selling for Otter Tail.

Which major investors are buying Otter Tail stock?

OTTR stock was bought by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Foundry Partners LLC, California Public Employees Retirement System, Campbell & CO Investment Adviser LLC, SG Americas Securities LLC, Russell Investments Group Ltd., BB&T Corp and Envestnet Asset Management Inc.. 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, Robinhood, Fidelity and Charles Schwab.

What is Otter Tail's stock price today?

One share of OTTR stock can currently be purchased for approximately $49.25.

How big of a company is Otter Tail?

Otter Tail has a market capitalization of $1.96 billion and generates $916.45 million in revenue each year. The utilities provider earns $82.35 million in net income (profit) each year or $2.06 on an earnings per share basis. Otter Tail employs 2,321 workers across the globe.View Additional Information About Otter Tail.

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:  203 (Vote Outperform)
Underperform Votes:  250 (Vote Underperform)
Total Votes:  453
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 11/17/2019 by MarketBeat.com Staff

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