About Otter Tail (NASDAQ:OTTR)
Otter Tail Corporation is a holding company. The Company operates through three segments: Electric, Manufacturing and Plastics. The Electric segment includes the production, transmission, distribution and sale of electric energy in Minnesota, North Dakota and South Dakota by Otter Tail Power Company (OTP). The Manufacturing segment consists of businesses in manufacturing activities, such as contract machining, metal parts stamping, fabrication and painting, and production of material and handling trays and horticultural containers. These businesses have manufacturing facilities in Georgia, Illinois and Minnesota and sell products primarily in the United States. The Plastics segment consists of businesses producing polyvinyl chloride (PVC) pipe at plants in North Dakota and Arizona. The PVC pipe is sold primarily in the upper Midwest and Southwest regions of the United States. The Company's manufacturing and plastic pipe businesses are owned by its subsidiary, Varistar Corporation.
Industry, Sector and Symbol
Industry UTIL-ELEC PWR
Trailing P/E Ratio23.8188121912758
Forward P/E RatioN/A
Sales & Book Value
Annual Sales$849.35 million
Price / Sales2.02
Cash Flow$3.70 per share
Price / Cash11.71
Book Value$17.62 per share
Price / Book2.46
Net Income$72.43 million
Return on Equity10.73%
Return on Assets3.77%
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 Wednesday, February 7th. Investors of record on Thursday, February 15th will be given a dividend of $0.335 per share on Saturday, March 10th. This represents a $1.34 annualized dividend and a yield of 3.09%. The ex-dividend date is Wednesday, February 14th. This is an increase from Otter Tail's previous quarterly dividend of $0.32. View Otter Tail's Dividend History.
How were Otter Tail's earnings last quarter?
Otter Tail Co. (NASDAQ:OTTR) released its quarterly earnings results on Monday, February, 12th. The utilities provider reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.06. The utilities provider earned $206.70 million during the quarter, compared to the consensus estimate of $207.30 million. Otter Tail had a net margin of 8.53% and a return on equity of 10.73%. The business's revenue for the quarter was up 5.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.44 EPS. View Otter Tail's Earnings History.
When will Otter Tail make its next earnings announcement?
What guidance has Otter Tail issued on next quarter's earnings?
Otter Tail issued an update on its FY18 earnings guidance on Monday, February, 12th. The company provided EPS guidance of $1.80-1.95 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.93.
Where is Otter Tail's stock going? Where will Otter Tail's stock price be in 2018?
3 equities research analysts have issued 1-year target prices for Otter Tail's stock. Their forecasts range from $42.00 to $46.00. On average, they expect Otter Tail's stock price to reach $44.00 in the next year. View Analyst Ratings for Otter Tail.
Who are some of Otter Tail's key competitors?
Some companies that are related to Otter Tail include Avista (AVA), NRG Yield, Inc. Class C (NYLD), Companhia Energetica de Minas Gers CEMIG (CIG), PNM Resources (PNM), Black Hills (BKH), Empresa Distribuidora y Cmrz Nrt (EDN), NorthWestern (NWE), Companhia Paranaense de Energia (ELP), El Paso Electric (EE), Atlantica Yield (AY), MGE Energy (MGEE), Dynegy (DYN), Pattern Energy Group (PEGI), TerraForm Power, Inc. New (TERP), TransAlta (TAC), Kenon (KEN), Unitil (UTL) and MYR Group (MYRG).
Who are Otter Tail's key executives?
Otter Tail's management team includes the folowing people:
- Nathan I. Partain CPA, Independent Chairman of the Board (Age 61)
- Charles Scot MacFarlane, President, Chief Executive Officer, Director (Age 53)
- Kevin G. Moug, Chief Financial Officer, Senior Vice President (Age 58)
- John S. Abbott, Senior Vice President - Manufacturing Platform (Age 59)
- Timothy J. Rogelstad, Senior Vice President - Electric Platform (Age 51)
- Jennifer Smestad, Vice President, General Counsel and Corporate Secretary (Age 47)
- Karen M. Bohn, Independent Director (Age 64)
- John D. Erickson, Independent Director (Age 59)
- Steven L. Fritze, Independent Director (Age 63)
- Kathryn O. Johnson, Independent Director (Age 63)
Has Otter Tail been receiving favorable news coverage?
Media stories about OTTR stock have been trending somewhat positive on Sunday, Accern Sentiment Analysis reports. Accern identifies negative and positive press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Otter Tail earned a media sentiment score of 0.12 on Accern's scale. They also assigned headlines about the utilities provider an impact score of 46.32 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.
Who are Otter Tail's major shareholders?
Otter Tail's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.49%), Gabelli Funds LLC (2.79%), Renaissance Technologies LLC (1.75%), First Trust Advisors LP (1.36%), Bank of New York Mellon Corp (1.01%) and Geode Capital Management LLC (0.93%). 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 major investors are selling Otter Tail stock?
OTTR stock was sold by a variety of institutional investors in the last quarter, including Icon Advisers Inc. Co., Bank of New York Mellon Corp, Metropolitan Life Insurance Co. NY, Gabelli Funds LLC, Alliancebernstein L.P., Guggenheim Capital LLC, Rhumbline Advisers and TIAA CREF Investment Management 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 major investors are buying Otter Tail stock?
OTTR stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, Assenagon Asset Management S.A., Renaissance Technologies LLC, BlackRock Inc., Deutsche Bank AG, First Trust Advisors LP, Chicago Equity Partners LLC and Wells Fargo & Company MN. 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 $43.35.
How big of a company is Otter Tail?
Otter Tail has a market capitalization of $1.72 billion and generates $849.35 million in revenue each year. The utilities provider earns $72.43 million in net income (profit) each year or $1.82 on an earnings per share basis. Otter Tail employs 668 workers across the globe.
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 (OTTR)MarketBeat's community ratings are surveys of what our community members think about Otter Tail and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Otter Tail (NASDAQ:OTTR) Earnings History and Estimates Chart
Otter Tail (NASDAQ OTTR) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/12/2018||Q4 2017||$0.44||$0.50||$207.30 million||$206.70 million||View||Listen|
|11/1/2017||Q3 2017||$0.39||$0.45||$201.70 million||$216.50 million||View||N/A|
|8/7/2017||Q2 2017||$0.41||$0.42||$211.30 million||$212.10 million||View||Listen|
|5/1/2017||Q1 2017||$0.43||$0.49||$211.80 million||$214.10 million||View||Listen|
|2/6/2017||Q4 2016||$0.43||$0.44||$192.40 million||$196.90 million||View||Listen|
|11/2/2016||Q316||$0.45||$0.37||$204.00 million||$197.20 million||View||N/A|
|8/8/2016||Q2||$0.38||$0.41||$194.00 million||$203.50 million||View||N/A|
|5/2/2016||Q1||$0.31||$0.38||$207.70 million||$206.20 million||View||N/A|
|2/8/2016||Q4 2015||$0.44||$0.41||$203.75 million||$188.79 million||View||N/A|
|11/2/2015||Q3||$0.44||$0.42||$202.65 million||$200.02 million||View||Listen|
|8/3/2015||Q215||$0.23||$0.36||$200.15 million||$188.15 million||View||Listen|
|5/4/2015||Q115||$0.55||$0.37||$216.80 million||$202.84 million||View||Listen|
|2/10/2015||Q414||$0.45||$0.43||$235.00 million||$193.41 million||View||Listen|
|11/3/2014||Q314||$0.41||$0.43||$240.75 million||$242.40 million||View||N/A|
|8/4/2014||Q214||$0.23||$0.27||$221.20 million||$234.61 million||View||N/A|
|5/6/2014||Q114||$0.53||$0.59||$227.75 million||$240.47 million||View||N/A|
|2/10/2014||Q413||$0.40||$0.35||$207.60 million||$233.20 million||View||N/A|
|11/4/2013||Q313||$0.40||$0.41||$221.40 million||$229.77 million||View||N/A|
|8/5/2013||Q2 2013||$0.26||$0.21||$220.40 million||$212.39 million||View||N/A|
|5/6/2013||Q1 2013||$0.34||$0.41||$224.25 million||$217.95 million||View||N/A|
|2/11/2013||Q4 2012||$0.30||$0.47||$213.85 million||$212.63 million||View||N/A|
|11/5/2012||Q312||$0.35||$0.35||$266.21 million||$277.14 million||View||N/A|
Otter Tail (NASDAQ:OTTR) Earnings Estimates
2018 EPS Consensus Estimate: $1.82
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Otter Tail (NASDAQ:OTTR) Dividend Information
|Most Recent Dividend:||3/10/2018|
|Payout Ratio:||73.63% (Trailing 12 Months of Earnings) |
70.53% (Based on This Year's Estimates)
Otter Tail (NASDAQ:OTTR) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Otter Tail (NASDAQ OTTR) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 1.70%
Institutional Ownership Percentage: 42.14%
Otter Tail (NASDAQ OTTR) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|2/15/2018||Kevin G. Moug||CFO||Sell||1,500||$40.55||$60,825.00|| |
|11/20/2017||John D Erickson||Director||Sell||2,400||$45.55||$109,320.00|| |
|11/15/2017||George A. Koeck||VP||Sell||3,000||$46.50||$139,500.00|| |
|11/15/2017||Kevin G Moug||CFO||Sell||1,500||$46.50||$69,750.00|| |
|8/16/2017||Kevin G. Moug||CFO||Sell||1,500||$41.75||$62,625.00|| |
|5/15/2017||Kevin G. Moug||CFO||Sell||800||$37.25||$29,800.00|| |
|3/13/2017||George A. Koeck||VP||Sell||4,000||$36.30||$145,200.00|| |
|2/15/2017||Kevin G. Moug||CFO||Sell||800||$37.80||$30,240.00|| |
|1/9/2017||Paul L. Knutson||VP||Sell||500||$39.80||$19,900.00|| |
|11/21/2016||John D. Erickson||Director||Sell||2,900||$37.33||$108,257.00|| |
|11/10/2016||Kevin G. Moug||CFO||Sell||800||$35.20||$28,160.00|| |
|8/16/2016||Kevin G. Moug||CFO||Sell||800||$34.07||$27,256.00|| |
|8/11/2016||Paul L. Knutson||VP||Sell||1,700||$34.50||$58,650.00|| |
|8/17/2015||George A Koeck||SVP||Sell||2,500||$27.65||$69,125.00|| |
|11/18/2014||John D Erickson||Director||Sell||4,000||$29.30||$117,200.00|| |
|8/22/2014||George A Koeck||SVP||Sell||2,000||$28.34||$56,680.00|| |
|2/21/2014||George Koeck||SVP||Sell||6,201||$30.53||$189,316.53||9,474|| |
|2/20/2014||Kevin Moug||CFO||Sell||7,550||$30.34||$229,067.00||37,253|| |
|11/26/2013||John Erickson||Director||Sell||4,102||$29.42||$120,680.84||152,389|| |
|11/14/2013||George Koeck||SVP||Sell||3,000||$29.57||$88,710.00||9,376|| |
|9/13/2013||Steven Fritze||Director||Buy||4,000||$27.01||$108,040.00||4,000|| |
|6/12/2013||Arvid R Liebe||Director||Sell||2,000||$28.01||$56,020.00|| |
|5/20/2013||Kevin G Moug||CFO||Sell||2,617||$29.66||$77,620.22|| |
|11/26/2012||John D Erickson||Director||Sell||5,962||$23.75||$141,597.50|| |
Otter Tail (NASDAQ OTTR) News Headlines
Otter Tail (NASDAQ:OTTR) SEC Filings
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Otter Tail (NASDAQ:OTTR) Income Statement, Balance Sheet and Cash Flow Statement
Otter Tail (NASDAQ OTTR) Stock Chart for Sunday, March, 18, 2018