Otter Tail Corporation Company Profile (NASDAQ:OTTR)

Otter Tail Corporation trades on the NASDAQ under the ticker symbol "OTTR."

Otter Tail Corporation announced a quarterly dividend on Friday, August 4th. Stockholders of record on Tuesday, August 15th will be paid a dividend of $0.32 per share on Saturday, September 9th. This represents a $1.28 annualized dividend and a dividend yield of 3.09%. The ex-dividend date is Friday, August 11th. View Otter Tail Corporation's Dividend History.

Otter Tail Corporation (NASDAQ:OTTR) announced its quarterly earnings data on Monday, August, 7th. The company reported $0.42 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.41 by $0.01. The firm earned $212.10 million during the quarter, compared to analysts' expectations of $211.30 million. Otter Tail Corporation had a net margin of 8.35% and a return on equity of 10.14%. The company's revenue was up 4.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.41 earnings per share. View Otter Tail Corporation's Earnings History.

Otter Tail Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, November, 1st 2017. View Earnings Estimates for Otter Tail Corporation.

2 brokers have issued 1 year target prices for Otter Tail Corporation's shares. Their predictions range from $36.00 to $46.00. On average, they anticipate Otter Tail Corporation's share price to reach $41.00 in the next year. View Analyst Ratings for Otter Tail Corporation.

Here are some recent quotes from research analysts about Otter Tail Corporation 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. " (8/16/2017)
• 2. Sidoti analysts commented, "We forecast better performance in the non-utility businesses as we think market growth in the next year will offset margin pressure at the PVC pipe business and that OTTR can improve performance in the custom metal fabrication business. We think demand from some customers for custom metalwork services will rise based on higher economic growth and more construction activity. Also, OTTR will benefit from making metal pieces that allow trucks to move large parts of wind towers; there may be more manufacturing of wind towers and transport of these towers to project sites before tax incentives expire. We now forecast the non-utility businesses increase to 29.4% of net income in 2019, up from 24.7% in 2016." (3/24/2017)

Some companies that are related to Otter Tail Corporation include NorthWestern Corporation (NWE), UIL Holdings (UIL), Ormat Technologies (ORA), Companhia Paranaense de Energia (COPEL) (ELP), MGE Energy (MGEE), El Paso Electric Company (EE), Atlantica Yield PLC (ABY), Empresa Distribuidora Y Comercializadora Norte S.A. (Edenor) (EDN), Kenon Holdings (KEN), UNITIL Corporation (UTL), Atlantic Power Corporation (AT), Spark Energy (SPKE), OPG Power Ventures Plc. (OPG), US Geothermal (HTM), Apr Energy PLC (APR), Cleco Corporate Holdings LLC (CNL), Greenko Group PLC (GKO) and ITC Holdings Corp. (ITC).

Otter Tail Corporation's management team includes the folowing people:

• Nathan I. Partain CPA, Chairman of the Board, Independent Director
• Charles Scot MacFarlane, President, Chief Executive Officer, Director
• Kevin G. Moug, Chief Financial Officer, Senior Vice President
• George A. Koeck, Senior Vice President, General Counsel, Corporate Secretary
• John S. Abbott, Senior Vice President, Manufacturing Platform
• Timothy J. Rogelstad, Senior Vice President - Electric Platform
• Karen M. Bohn, Independent Director
• John D. Erickson, Independent Director
• Steven L. Fritze, Independent Director
• Kathryn O. Johnson, Independent Director

Otter Tail Corporation's stock is owned by a number of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (8.88%), BlackRock Inc. (6.33%), Gabelli Funds LLC (2.86%), Dimensional Fund Advisors LP (2.85%), Northern Trust Corp (2.42%) and State Street Corp (2.05%). Company insiders that own Otter Tail Corporation stock include George A Koeck, John D Erickson, Kevin G Moug and Paul L Knutson. View Institutional Ownership Trends for Otter Tail Corporation.

Otter Tail Corporation's stock was sold by a variety of institutional investors in the last quarter, including Advisors Asset Management Inc., JPMorgan Chase & Co., Acadian Asset Management LLC, Great West Life Assurance Co. Can, California Public Employees Retirement System, Goldman Sachs Group Inc., Dynamic Technology Lab Private Ltd and Citadel Advisors LLC. Company insiders that have sold Otter Tail Corporation stock in the last year include George A Koeck, John D Erickson, Kevin G Moug and Paul L Knutson. View Insider Buying and Selling for Otter Tail Corporation.

Otter Tail Corporation's stock was bought by a variety of institutional investors in the last quarter, including Stifel Financial Corp, Renaissance Technologies LLC, Vanguard Group Inc., Northern Trust Corp, Harbour Capital Advisors LLC, Icon Advisers Inc. Co., State Street Corp and Bowling Portfolio Management LLC. View Insider Buying and Selling for Otter Tail Corporation.

Shares of Otter Tail Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Otter Tail Corporation stock can currently be purchased for approximately $41.45.