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Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Wall Street climbs to add more to its strong January
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S&P 500   3,852.36
DOW   32,920.46
QQQ   294.62
7 Safe Investments with Relatively High Returns for 2023
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Lucid Group's Buyout Rumors Continue
These AI, Cloud Stocks are Down Significantly, Not For Long
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Dividend King Sysco: Buying On The Dip 
Will Caterpillar Dig Its Way To Another Buying Opportunity? 
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Wall Street climbs to add more to its strong January
Verizon, Charter Trend Higher In Past Month: Are They Buys Now?
S&P 500   3,852.36
DOW   32,920.46
QQQ   294.62
7 Safe Investments with Relatively High Returns for 2023
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Lucid Group's Buyout Rumors Continue
These AI, Cloud Stocks are Down Significantly, Not For Long
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Dividend King Sysco: Buying On The Dip 
Will Caterpillar Dig Its Way To Another Buying Opportunity? 
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Wall Street climbs to add more to its strong January
Verizon, Charter Trend Higher In Past Month: Are They Buys Now?
S&P 500   3,852.36
DOW   32,920.46
QQQ   294.62
7 Safe Investments with Relatively High Returns for 2023
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Lucid Group's Buyout Rumors Continue
These AI, Cloud Stocks are Down Significantly, Not For Long
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Dividend King Sysco: Buying On The Dip 
Will Caterpillar Dig Its Way To Another Buying Opportunity? 
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Wall Street climbs to add more to its strong January
Verizon, Charter Trend Higher In Past Month: Are They Buys Now?
NASDAQ:OTTR

Otter Tail - OTTR Stock Forecast, Price & News

$64.15
+1.63 (+2.61%)
(As of 01/31/2023 12:00 AM ET)
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Compare
Today's Range
$62.49
$64.31
50-Day Range
$57.21
$64.15
52-Week Range
$52.60
$82.46
Volume
134,957 shs
Average Volume
144,843 shs
Market Capitalization
$2.67 billion
P/E Ratio
9.15
Dividend Yield
2.63%
Price Target
$69.00

Otter Tail MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
7.6% Upside
$69.00 Price Target
Short Interest
Healthy
3.06% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.93mentions of Otter Tail in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$112,620 Sold Last Quarter
Proj. Earnings Growth
-41.67%
From $6.60 to $3.85 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.92 out of 5 stars

Utilities Sector

46th out of 86 stocks

Electric Services Industry

23rd out of 42 stocks


OTTR stock logo

About Otter Tail (NASDAQ:OTTR) Stock

Otter 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.

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OTTR Stock News Headlines

Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
Otter Tail Board Member Trades Company's Stock
Why The Smart Money Is Buying Otter Tail Stock
Are Investors Undervaluing Otter Tail (OTTR) Right Now?
Why Otter Tail Stock Was Down Today
Otter Tail (OTTR) Q3 Earnings Surpass Estimates
Otter Tail Q3 2022 Earnings Preview
3 Top-Ranked Utility Stocks Shaking off Market Woes
Otter Tail (OTTR) Stock Moves -1.03%: What You Should Know
Otter Tail is Oversold
See More Headlines
Receive OTTR Stock News and Ratings via Email

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OTTR Company Calendar

Last Earnings
10/31/2021
Ex-Dividend for 12/9 Dividend
11/14/2022
Dividend Payable
12/09/2022
Today
1/31/2023
Next Earnings (Confirmed)
2/13/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Electric services
Sub-Industry
Electric Utilities
Sector
Utilities
Current Symbol
NASDAQ:OTTR
CUSIP
68964810
Employees
2,487
Year Founded
1907

Price Target and Rating

Average Stock Price Forecast
$69.00
High Stock Price Forecast
$75.00
Low Stock Price Forecast
$63.00
Forecasted Upside/Downside
+7.6%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$176.77 million
Pretax Margin
24.84%

Debt

Sales & Book Value

Annual Sales
$1.20 billion
Cash Flow
$6.61 per share
Book Value
$23.85 per share

Miscellaneous

Free Float
40,798,000
Market Cap
$2.67 billion
Optionable
Optionable
Beta
0.50

Social Links


Key Executives

  • Charles S. MacFarlane
    President, Chief Executive Officer & Director
  • Kevin G. Moug
    Chief Financial Officer & Senior Vice President
  • Jennifer O. Smestad
    Secretary, Vice President & General Counsel
  • Timothy J. Rogelstad
    Senior Vice President-Electric Platform
  • John S. Abbott
    Senior Vice President-Manufacturing Platform













OTTR Stock - Frequently Asked Questions

Should I buy or sell Otter Tail stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Otter Tail in the last twelve months. There are currently 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?

1 Wall Street research analysts have issued 12 month price targets for Otter Tail's stock. Their OTTR share price forecasts range from $63.00 to $75.00. On average, they expect the company's stock price to reach $69.00 in the next year. This suggests a possible upside of 7.6% from the stock's current price.
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 2023. Since then, OTTR stock has increased by 9.3% and is now trading at $64.15.
View the best growth stocks for 2023 here
.

When is Otter Tail's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, February 13th 2023.
View our OTTR earnings forecast
.

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

Otter Tail will be holding an earnings conference call on Tuesday, February 14th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Otter Tail's earnings last quarter?

Otter Tail Co. (NASDAQ:OTTR) released its earnings results on Sunday, October, 31st. The utilities provider reported $1.26 earnings per share for the quarter, beating the consensus estimate of $1.13 by $0.13. The utilities provider earned $316.29 million during the quarter, compared to the consensus estimate of $317.63 million. Otter Tail had a trailing twelve-month return on equity of 27.09% and a net margin of 19.69%. The firm's 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 earnings per share.

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

Otter Tail declared a quarterly dividend on Monday, October 31st. Shareholders of record on Tuesday, November 15th will be paid a dividend of $0.412 per share on Friday, December 9th. This represents a $1.65 dividend on an annualized basis and a yield of 2.57%. The ex-dividend date is Monday, November 14th.
Read our dividend analysis for OTTR
.

Is Otter Tail a good dividend stock?

Otter Tail (NASDAQ:OTTR) pays an annual dividend of $1.65 per share and currently has a dividend yield of 2.63%. The company has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 23.54%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, OTTR will have a dividend payout ratio of 42.86% 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 updated its FY 2022 earnings guidance on Monday, November, 7th. The company provided EPS guidance of $6.42-$6.72 for the period, compared to the consensus estimate of $7.04. The company issued revenue guidance of -.

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 institutional and retail investors. Top institutional investors include New York State Common Retirement Fund (0.18%), Whittier Trust Co. (0.16%), Assenagon Asset Management S.A. (0.08%), Whittier Trust Co. of Nevada Inc. (0.08%), Kestra Advisory Services LLC (0.07%) and RBA Wealth Management LLC (0.03%). 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 $64.15.

How much money does Otter Tail make?

Otter Tail (NASDAQ:OTTR) has a market capitalization of $2.67 billion and generates $1.20 billion in revenue each year. The utilities provider earns $176.77 million in net income (profit) each year or $7.01 on an earnings per share basis.

How many employees does Otter Tail have?

The company employs 2,487 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 2/1/2023 by MarketBeat.com Staff