NASDAQ:OTTR

Otter Tail Stock Forecast, Price & News

$50.98
+0.19 (+0.37 %)
(As of 08/2/2021 10:57 AM ET)
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Today's Range
$50.96
$51.36
50-Day Range
$46.97
$51.04
52-Week Range
$35.36
$51.25
Volume203 shs
Average Volume113,358 shs
Market Capitalization$2.12 billion
P/E Ratio20.64
Dividend Yield3.07%
Beta0.39
30 days | 90 days | 365 days | Advanced Chart
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Otter Tail logo

About Otter Tail

Otter Tail Corporation, together with its subsidiaries, engages in electric utility, manufacturing, and plastic pipe 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. It serves approximately 133,000 residential, commercial, industrial, and other customers. Its Manufacturing segment engages in the contract machining, metal parts stamping, fabrication and painting, and production of plastic thermoformed horticultural containers, life science and industrial packaging, and material handling components, and extruded raw material stock for recreational vehicle, agricultural, oil and gas, lawn and garden, and industrial and energy equipment industries. It also manufactures 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 and water reclamation 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

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Miscellaneous


MarketRank

Overall MarketRank

2.02 out of 5 stars

Utilities Sector

75th out of 289 stocks

Electric Services Industry

33rd out of 81 stocks

Analyst Opinion: 1.5Community Rank: 4.0Dividend Strength: 2.5Insider Behavior: 0.8Valuation: 1.3 5 -4 -3 -2 -1 -
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Otter Tail (NASDAQ:OTTR) Frequently Asked Questions

Is Otter Tail a buy right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Otter Tail in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Otter Tail stock.
View analyst ratings for Otter Tail
or view top-rated stocks.

What stocks does MarketBeat like better than Otter Tail?

Wall Street analysts have given Otter Tail a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Otter Tail wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Otter Tail?

Otter Tail saw a decrease in short interest in June. As of June 30th, there was short interest totaling 274,100 shares, a decrease of 28.2% from the June 15th total of 381,900 shares. Based on an average daily trading volume, of 100,600 shares, the days-to-cover ratio is presently 2.7 days. Currently, 0.7% of the company's shares are sold short.
View Otter Tail's Short Interest
.

When is Otter Tail's next earnings date?

Otter Tail is scheduled to release its next quarterly earnings announcement on Monday, August 2nd 2021.
View our earnings forecast for Otter Tail
.

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

Otter Tail will be holding an earnings conference call on Tuesday, August 3rd 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) announced its quarterly earnings results on Sunday, May, 2nd. The utilities provider reported $0.73 earnings per share for the quarter, topping analysts' consensus estimates of $0.67 by $0.06. The utilities provider earned $261.71 million during the quarter, compared to analysts' expectations of $248.77 million. Otter Tail had a net margin of 11.11% and a trailing twelve-month return on equity of 11.88%. The business's revenue was up 11.5% on a year-over-year basis. During the same period last year, the firm posted $0.60 earnings per share.
View Otter Tail's earnings history
.

How has Otter Tail's stock been impacted by Coronavirus (COVID-19)?

Otter Tail's stock was trading at $45.33 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, OTTR stock has increased by 12.5% and is now trading at $50.98.
View which stocks have been most impacted by COVID-19
.

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

Otter Tail announced a quarterly dividend on Monday, May 3rd. Shareholders of record on Friday, May 14th will be given a dividend of $0.39 per share on Thursday, June 10th. This represents a $1.56 annualized dividend and a dividend yield of 3.06%. The ex-dividend date is Thursday, May 13th.
View Otter Tail's dividend history
.

Is Otter Tail a good dividend stock?

Otter Tail pays an annual dividend of $1.56 per share and currently has a dividend yield of 3.07%. Otter Tail does not yet have a strong track record of dividend growth. The dividend payout ratio of Otter Tail is 66.67%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Otter Tail will have a dividend payout ratio of 57.35% next year. This indicates that Otter Tail will be able to sustain or increase its dividend.
View Otter Tail's dividend history.

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

Otter Tail updated its FY 2021 earnings guidance on Monday, May, 17th. The company provided EPS guidance of 2.470-2.620 for the period, compared to the Thomson Reuters consensus estimate of $2.510. The company issued revenue guidance of -.

What price target have analysts set for OTTR?

3 analysts have issued 1 year price objectives for Otter Tail's shares. Their forecasts range from $45.00 to $50.00. On average, they expect Otter Tail's share price to reach $47.50 in the next year. This suggests that the stock has a possible downside of 6.8%.
View analysts' price targets for Otter Tail
or view top-rated stocks among Wall Street analysts.

Who are Otter Tail's key executives?

Otter Tail's management team includes the following people:
  • Mr. Charles S. MacFarlane, Pres, CEO & Director (Age 56, Pay $2.23M)
  • Mr. Kevin G. Moug, Sr. VP & CFO (Age 61, Pay $851.99k)
  • Ms. Jennifer O. Smestad, VP, Gen. Counsel & Corp. Sec. (Age 50, Pay $720.63k)
  • Mr. Timothy J. Rogelstad, Sr. VP of Electric Platform & Pres of Otter Tail Power Company (Age 54, Pay $691.91k)
  • Mr. John S. Abbott, Sr. VP of Manufacturing Platform & Pres of Varistar (Age 62, Pay $775.15k)
  • Ms. Stephanie A. Hoff, Director of Corp. Communications
  • Mr. Paul L. Knutson, VP of HR
  • Mr. Loren Hanson, Assistant Sec.

What is Nathan I. Partain's approval rating as Otter Tail's CEO?

9 employees have rated Otter Tail CEO Nathan I. Partain on Glassdoor.com. Nathan I. Partain has an approval rating of 78% among Otter Tail's employees.

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 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 Brookfield Property Partners (BPY).

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 investors include Alliancebernstein L.P. (0.31%), North Star Investment Management Corp. (0.14%), Whittier Trust Co. (0.13%), Whittier Trust Co. of Nevada Inc. (0.05%), GWM Advisors LLC (0.04%) and Harel Insurance Investments & Financial Services Ltd. (0.00%).
View institutional ownership trends for Otter Tail
.

Which major investors are buying Otter Tail stock?

OTTR stock was purchased by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., GWM Advisors LLC, Whittier Trust Co., North Star Investment Management Corp., Harel Insurance Investments & Financial Services Ltd., and Whittier Trust Co. of Nevada Inc..
View insider buying and selling activity for Otter Tail
or or view top insider-buying stocks.

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 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 $50.98.

How much money does Otter Tail make?

Otter Tail has a market capitalization of $2.12 billion and generates $890.11 million in revenue each year. The utilities provider earns $95.85 million in net income (profit) each year or $2.34 on an earnings per share basis.

How many employees does Otter Tail have?

Otter Tail employs 2,074 workers across the globe.

What is Otter Tail's official website?

The official website for Otter Tail is www.ottertail.com.

Where are Otter Tail's headquarters?

Otter Tail is headquartered at 215 S CASCADE ST PO BOX 496, FERGUS FALLS MN, 56538.

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]


This page was last updated on 8/2/2021 by MarketBeat.com Staff
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