S&P 500   4,088.85
DOW   32,654.59
QQQ   306.17
S&P 500   4,088.85
DOW   32,654.59
QQQ   306.17
S&P 500   4,088.85
DOW   32,654.59
QQQ   306.17
S&P 500   4,088.85
DOW   32,654.59
QQQ   306.17
NASDAQ:OTTR

Otter Tail (OTTR) Stock Forecast, Price & News

$63.64
+0.97 (+1.55%)
(As of 05/17/2022 12:00 AM ET)
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Today's Range
$62.30
$63.96
50-Day Range
$57.96
$64.35
52-Week Range
$46.67
$71.89
Volume
106,116 shs
Average Volume
145,591 shs
Market Capitalization
$2.65 billion
P/E Ratio
12.19
Dividend Yield
2.63%
Beta
0.51
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, industrial, and other commercial 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, construction, 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 horticulture, 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

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

Sales & Book Value

Annual Sales
$1.20 billion
Cash Flow
$6.57 per share
Book Value
$23.85 per share

Profitability

Net Income
$176.77 million
Pretax Margin
20.37%

Debt

Price-To-Earnings

Miscellaneous

Free Float
40,798,000
Market Cap
$2.65 billion
Optionable
Optionable

Company Calendar

Ex-Dividend for 3/10 Dividend
2/14/2022
Dividend Payable
3/10/2022
Last Earnings
5/02/2022
Ex-Dividend for 6/10 Dividend
5/12/2022
Today
5/17/2022
Dividend Payable
6/10/2022
Next Earnings (Estimated)
8/01/2022
Fiscal Year End
12/31/2022

Social Links


MarketRank

Overall MarketRank

2.23 out of 5 stars

Utilities Sector

56th out of 122 stocks

Electric Services Industry

20th out of 58 stocks

Analyst Opinion: 2.3Community Rank: 4.1Dividend Strength: 3.3Insider Behavior: 0.8Valuation: 0.6 5 -4 -3 -2 -1 -













Otter Tail (NASDAQ:OTTR) Frequently Asked Questions

Is Otter Tail a buy right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Otter Tail in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Otter Tail stock.
View analyst ratings for Otter Tail
or view top-rated stocks.

When is Otter Tail's next earnings date?

Otter Tail is scheduled to release its next quarterly earnings announcement on Monday, August 1st 2022.
View our earnings forecast for Otter Tail
.

How were Otter Tail's earnings last quarter?

Otter Tail Co. (NASDAQ:OTTR) issued its earnings results on Monday, May, 2nd. The utilities provider reported $1.72 earnings per share for the quarter, topping analysts' consensus estimates of $1.08 by $0.64. Otter Tail had a trailing twelve-month return on equity of 22.37% and a net margin of 16.67%. During the same quarter last year, the firm earned $0.73 EPS.
View Otter Tail's earnings history
.

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

Otter Tail declared a quarterly dividend on Monday, May 2nd. Investors of record on Friday, May 13th will be given a dividend of $0.412 per share on Friday, June 10th. This represents a $1.65 annualized dividend and a yield of 2.59%. The ex-dividend date is Thursday, May 12th.
View Otter Tail's dividend history
.

Is Otter Tail a good dividend stock?

Otter Tail pays an annual dividend of $1.65 per share and currently has a dividend yield of 2.63%. Otter Tail 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 of Otter Tail is 31.61%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Otter Tail will have a dividend payout ratio of 47.01% 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 issued an update on its FY 2022 earnings guidance on Monday, May, 9th. The company provided earnings per share guidance of $5.15-$5.45 for the period, compared to the consensus earnings per share estimate of $3.97. The company issued revenue guidance of -.

What price target have analysts set for OTTR?

2 equities research analysts have issued 12-month price targets for Otter Tail's shares. Their forecasts range from $72.00 to $75.00. On average, they anticipate Otter Tail's stock price to reach $73.50 in the next year. This suggests a possible upside of 15.5% from the stock's current price.
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 57, Pay $2.73M)
  • Mr. Kevin G. Moug, Sr. VP & CFO (Age 62, Pay $990.07k)
  • Ms. Jennifer O. Smestad, VP, Gen. Counsel & Corp. Sec. (Age 51, Pay $764.12k)
  • Mr. Timothy J. Rogelstad, Sr. VP of Electric Platform & Pres of Otter Tail Power Company (Age 55, Pay $759.4k)
  • Mr. John S. Abbott, Sr. VP of Manufacturing Platform & Pres of Varistar (Age 63, Pay $885.21k)
  • Tyler Akerman, Mang. of Investor Relations
  • 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.

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 variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (10.67%), BlackRock Inc. (7.13%), Dimensional Fund Advisors LP (2.48%), First Trust Advisors LP (2.39%), State Street Corp (2.08%) and Gabelli Funds LLC (1.78%). Company insiders that own Otter Tail stock include John D Erickson and Timothy J O'keefe.
View institutional ownership trends for Otter Tail
.

Which major investors are selling Otter Tail stock?

OTTR stock was sold by a variety of institutional investors in the last quarter, including DekaBank Deutsche Girozentrale, BlackRock Inc., Northern Trust Corp, Federated Hermes Inc., Hsbc Holdings PLC, UBS Group AG, Citigroup Inc., and Principal Financial Group Inc.. Company insiders that have sold Otter Tail company stock in the last year include John D Erickson, and Timothy J O'keefe.
View insider buying and selling activity for Otter Tail
or view top insider-selling stocks.

Which major investors are buying Otter Tail stock?

OTTR stock was purchased by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Lazard Asset Management LLC, Renaissance Technologies LLC, Charles Schwab Investment Management Inc., First Trust Advisors LP, Victory Capital Management Inc., Qube Research & Technologies Ltd, and Acadian Asset Management LLC.
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 $63.64.

How much money does Otter Tail make?

Otter Tail has a market capitalization of $2.65 billion and generates $1.20 billion in revenue each year. The utilities provider earns $176.77 million in net income (profit) each year or $5.22 on an earnings per share basis.

How many employees does Otter Tail have?

Otter Tail employs 2,487 workers across the globe.

When was Otter Tail founded?

Otter Tail was founded in 1907.

What is Otter Tail's official website?

The official website for Otter Tail is 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, via email at [email protected], or via fax at 218-998-3165.

This page was last updated on 5/18/2022 by MarketBeat.com Staff

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