NASDAQ:OTTR - Otter Tail Stock Price, News, Headlines & Rumors

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

Otter Tail declared a quarterly dividend on Thursday, August 2nd. Shareholders of record on Wednesday, August 15th will be given a dividend of $0.335 per share on Monday, September 10th. This represents a $1.34 annualized dividend and a yield of 2.72%. The ex-dividend date of this dividend is Tuesday, August 14th. View Otter Tail's Dividend History.

Otter Tail Co. (NASDAQ:OTTR) issued its earnings results on Monday, August, 6th. The utilities provider reported $0.47 earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate of $0.47. The utilities provider earned $226.30 million during the quarter, compared to analyst estimates of $224.80 million. Otter Tail had a return on equity of 11.74% and a net margin of 9.09%. The business's revenue for the quarter was up 6.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.42 earnings per share. View Otter Tail's Earnings History.

Otter Tail is scheduled to release their next quarterly earnings announcement on Wednesday, November, 7th 2018. View Earnings Estimates for Otter Tail.

Otter Tail updated its FY18 earnings guidance on Monday, August, 6th. The company provided EPS guidance of $1.95-2.10 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.01.

3 brokerages have issued 12-month target prices for Otter Tail's shares. 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. This suggests that the stock has a possible downside of 10.8%. View Analyst Price Targets for Otter Tail.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Otter Tail in the last year. There are currently 1 sell rating and 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Otter Tail.

Some companies that are related to Otter Tail include OGE Energy (OGE), Great Plains Energy (GXP), ENGIE BRASIL EN/S (EGIEY), Enel Generacion Chile (EOCC), Brookfield Renewable Partners (BEP), CPFL Energia (CPL), CENTRAIS ELETRI/S (EBR), Enel Chile (ENIC), IDACORP (IDA), Algonquin Power & Utilities (AQN), Portland General Electric (POR), Hawaiian Electric Industries (HE), NRG Yield Inc Class C (NYLD), Black Hills (BKH) and PNM Resources (PNM).

Media stories about OTTR stock have trended somewhat positive recently, according to Accern. The research firm identifies positive and negative press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Otter Tail earned a news and rumor sentiment score of 0.16 on Accern's scale. They also gave news stories about the utilities provider an impact score of 45.56 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near term. View Recent Headlines for Otter Tail.

Otter Tail's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.76%), Dimensional Fund Advisors LP (2.99%), Gabelli Funds LLC (2.68%), Renaissance Technologies LLC (2.20%), First Trust Advisors LP (1.18%) and Bank of New York Mellon Corp (1.05%). 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.

OTTR stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Bank of America Corp DE, First Trust Advisors LP, Gabelli Funds LLC, Bank of Montreal Can, Advisors Asset Management Inc., NJ State Employees Deferred Compensation Plan and California Public Employees Retirement System. 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.

OTTR stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Cornerstone Wealth Management LLC, Renaissance Technologies LLC, Citadel Advisors LLC, Wells Fargo & Company MN, Capital One National Association, Forsta AP Fonden and Bank of New York Mellon Corp. View Insider Buying and Selling for 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.

One share of OTTR stock can currently be purchased for approximately $49.30.

Otter Tail has a market capitalization of $1.92 billion and generates $849.35 million in revenue each year. The utilities provider earns $72.43 million in net income (profit) each year or $1.86 on an earnings per share basis. Otter Tail employs 668 workers across the globe.

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]