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

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$46.32 -0.26 (-0.56 %)
(As of 10/22/2018 04:00 PM ET)
Previous Close$46.58
Today's Range$46.08 - $46.86
52-Week Range$39.00 - $49.75
Volume38,251 shs
Average Volume83,631 shs
Market Capitalization$1.85 billion
P/E Ratio24.90
Dividend Yield2.91%
Beta0.53
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

Stock Exchange NASDAQ
Industry Electric services
Sub-IndustryElectric Utilities
SectorUtilities
SymbolNASDAQ:OTTR
CUSIP68964810
Phone866-410-8780

Debt

Debt-to-Equity Ratio0.83
Current Ratio1.44
Quick Ratio0.90

Price-To-Earnings

Trailing P/E Ratio24.90
Forward P/E Ratio23.16
P/E GrowthN/A

Sales & Book Value

Annual Sales$849.35 million
Price / Sales2.16
Cash Flow$3.6791 per share
Price / Cash12.59
Book Value$17.62 per share
Price / Book2.63

Profitability

EPS (Most Recent Fiscal Year)$1.86
Net Income$72.43 million
Net Margins9.09%
Return on Equity11.74%
Return on Assets4.13%

Miscellaneous

Employees668
Outstanding Shares39,670,000
Market Cap$1.85 billion

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 declared a quarterly dividend on Thursday, August 2nd. Shareholders of record on Wednesday, August 15th will be paid a dividend of $0.335 per share on Monday, September 10th. This represents a $1.34 dividend on an annualized basis and a yield of 2.89%. The ex-dividend date is Tuesday, August 14th. View Otter Tail's Dividend History.

How were Otter Tail's earnings last quarter?

Otter Tail Co. (NASDAQ:OTTR) released its earnings results on Monday, August, 6th. The utilities provider reported $0.47 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.47. The utilities provider had revenue of $226.30 million for the quarter, compared to the consensus estimate of $224.80 million. Otter Tail had a net margin of 9.09% and a return on equity of 11.74%. The business's quarterly revenue was up 6.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.42 earnings per share. 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 Wednesday, November 7th 2018. View Earnings Estimates for Otter Tail.

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

Otter Tail issued an update on its FY18 earnings guidance on Monday, August, 6th. The company provided earnings per share guidance of $1.95-2.10 for the period, compared to the Thomson Reuters consensus estimate of $2.01.

What price target have analysts set for OTTR?

2 brokers have issued 12-month price targets for Otter Tail's shares. Their forecasts range from $42.00 to $46.00. On average, they anticipate Otter Tail's share price to reach $44.00 in the next twelve months. This suggests that the stock has a possible downside of 5.0%. View Analyst Price Targets for Otter Tail.

What is the consensus analysts' recommendation for Otter Tail?

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

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 53)
  • Mr. Kevin G. Moug, CFO, Sr. VP & Principal Accounting Officer (Age 58)
  • Mr. Timothy J. Rogelstad, Sr. VP of Electric Platform (Age 51)
  • John S. Abbott, Sr. VP of Manufacturing Platform & Pres of Varistar (Age 59)
  • Mr. Loren Hanson, Sec., Treasurer & Mang. Investor Relations

Who are Otter Tail's major shareholders?

Otter Tail's stock is owned by a variety of of retail and institutional investors. Top institutional investors include First Manhattan Co. (0.23%), Cornerstone Wealth Management LLC (0.11%), Iowa State Bank (0.02%), Nisa Investment Advisors LLC (0.01%) and Bank of Montreal Can (0.01%). 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 institutional investors are selling Otter Tail stock?

OTTR stock was sold by a variety of institutional investors in the last quarter, including Iowa State Bank, Cornerstone Wealth Management LLC, First Manhattan Co. and Nisa Investment Advisors LLC. Company insiders that have sold Otter Tail company stock in the last year include George A Koeck, John D Erickson and Kevin G Moug. View Insider Buying and Selling for Otter Tail.

Which institutional investors are buying Otter Tail stock?

OTTR stock was acquired by a variety of institutional investors in the last quarter, including Bank of Montreal Can. 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 $46.32.

How big of a company is Otter Tail?

Otter Tail has a market capitalization of $1.85 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:  164 (Vote Outperform)
Underperform Votes:  210 (Vote Underperform)
Total Votes:  374
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 10/22/2018 by MarketBeat.com Staff

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