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

$49.35
-1.17 (-2.32 %)
(As of 08/23/2019 04:00 PM ET)
Today's Range
$49.2350
Now: $49.35
$50.79
50-Day Range
$49.82
MA: $52.20
$54.33
52-Week Range
$44.22
Now: $49.35
$54.51
Volume61,827 shs
Average Volume79,273 shs
Market Capitalization$1.96 billion
P/E Ratio23.96
Dividend Yield2.77%
Beta0.35
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$3.8345 per share
Book Value$18.72 per share

Profitability

Net Income$82.35 million

Miscellaneous

Employees2,321
Market Cap$1.96 billion
Next Earnings Date11/4/2019 (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, August 5th. Shareholders of record on Thursday, August 15th will be paid a dividend of $0.35 per share on Tuesday, September 10th. This represents a $1.40 annualized dividend and a yield of 2.84%. The ex-dividend date of this dividend is Wednesday, August 14th. View Otter Tail's Dividend History.

How were Otter Tail's earnings last quarter?

Otter Tail Co. (NASDAQ:OTTR) announced its earnings results on Monday, August, 5th. The utilities provider reported $0.39 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.48 by $0.09. The utilities provider earned $229.20 million during the quarter, compared to analysts' expectations of $229.20 million. Otter Tail had a return on equity of 10.78% and a net margin of 8.57%. The company's quarterly revenue was up 1.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.47 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 Monday, November 4th 2019. View Earnings Estimates for Otter Tail.

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

Otter Tail issued an update on its FY19 earnings guidance on Monday, August, 5th. The company provided earnings per share (EPS) guidance of $2.10-$2.25 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.21.

What price target have analysts set for OTTR?

1 Wall Street analysts have issued 1-year price targets for Otter Tail's stock. Their forecasts range from $60.00 to $60.00. On average, they anticipate Otter Tail's share price to reach $60.00 in the next year. This suggests a possible upside of 21.6% from the stock's current price. View Analyst Price Targets for Otter Tail.

What is the consensus analysts' recommendation for Otter Tail?

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

Press coverage about OTTR stock has been trending positive this week, InfoTrie Sentiment reports. The research firm identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Otter Tail earned a news impact score of 2.5 on InfoTrie's scale. They also gave media headlines about the utilities provider a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the company's share price in the near future. View News Stories for Otter Tail.

Are investors shorting Otter Tail?

Otter Tail saw a decrease in short interest in July. As of July 15th, there was short interest totalling 208,900 shares, a decrease of 9.9% from the June 15th total of 231,900 shares. Based on an average daily volume of 83,000 shares, the short-interest ratio is presently 2.5 days. Currently, 0.5% of the shares of the stock are sold short. 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 QUALCOMM (QCOM), Micron Technology (MU), WSI Industries (WSCI), Ford Motor (F), Cisco Systems (CSCO), Gilead Sciences (GILD), Intel (INTC), NVIDIA (NVDA), General Electric (GE) and Kinder Morgan (KMI).

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 many different of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (10.25%), BlackRock Inc. (7.06%), Northern Trust Corp (2.35%), Renaissance Technologies LLC (2.34%), Gabelli Funds LLC (2.30%) and First Trust Advisors LP (1.71%). 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 Wells Fargo & Company MN, Gabelli Funds LLC, Chicago Equity Partners LLC, Morgan Stanley, Icon Advisers Inc. Co., Russell Investments Group Ltd., Renaissance Technologies LLC and Gamco Investors INC. ET AL. 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 institutional investors are buying Otter Tail stock?

OTTR stock was purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, First Trust Advisors LP, Los Angeles Capital Management & Equity Research Inc., Bank of Montreal Can, Man Group plc, Citadel Advisors LLC, Acadian Asset Management LLC and Summit Global Investments. 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 $49.35.

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:  2.3 out of 5 (star star)
Outperform Votes:  194 (Vote Outperform)
Underperform Votes:  235 (Vote Underperform)
Total Votes:  429
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 8/23/2019 by MarketBeat.com Staff

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