NASDAQ:OTTR - Otter Tail Stock Price, Forecast & News

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

Otter Tail announced a quarterly dividend on Tuesday, February 4th. Shareholders of record on Friday, February 14th will be paid a dividend of $0.37 per share on Tuesday, March 10th. This represents a $1.48 dividend on an annualized basis and a yield of 2.64%. The ex-dividend date of this dividend is Thursday, February 13th. This is an increase from Otter Tail's previous quarterly dividend of $0.35. View Otter Tail's Dividend History.

Otter Tail Co. (NASDAQ:OTTR) announced its quarterly earnings results on Monday, February, 17th. The utilities provider reported $0.51 EPS for the quarter, meeting analysts' consensus estimates of $0.51. The utilities provider earned $215.68 million during the quarter, compared to analyst estimates of $234.40 million. Otter Tail had a net margin of 8.72% and a return on equity of 10.86%. View Otter Tail's Earnings History.

Otter Tail is scheduled to release their next quarterly earnings announcement on Monday, May 4th 2020. View Earnings Estimates for Otter Tail.

Otter Tail issued an update on its FY20 earnings guidance on Tuesday, February, 18th. The company provided EPS guidance of $2.22-2.37 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.41.

5 analysts have issued 1-year price targets for Otter Tail's stock. Their forecasts range from $48.00 to $60.00. On average, they expect Otter Tail's share price to reach $54.75 in the next twelve months. This suggests that the stock has a possible downside of 2.4%. View Analyst Price Targets for Otter Tail.

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

News headlines about OTTR stock have been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Otter Tail earned a news sentiment score of -1.4 on InfoTrie's scale. They also assigned news coverage about the utilities provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Otter Tail.

Otter Tail saw a decrease in short interest in the month of January. As of January 31st, there was short interest totalling 237,700 shares, a decrease of 8.3% from the January 15th total of 259,200 shares. Based on an average trading volume of 102,000 shares, the short-interest ratio is presently 2.3 days. Approximately 0.6% of the shares of the company are sold short. View Otter Tail's Current Options Chain.

Some companies that are related to Otter Tail include NextEra Energy (NEE), Duke Energy (DUK), Southern (SO), American Electric Power (AEP), Exelon (EXC), Xcel Energy (XEL), Eversource Energy (ES), FirstEnergy (FE), Edison International (EIX), PPL (PPL), Entergy (ETR), Pinnacle West Capital (PNW), OGE Energy (OGE), IDACORP (IDA) and Portland General Electric (POR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Otter Tail investors own include QUALCOMM (QCOM), Ford Motor (F), AT&T (T), Gilead Sciences (GILD), Altria Group (MO), Occidental Petroleum (OXY), Exxon Mobil (XOM), Cisco Systems (CSCO), Dominion Energy (D) and Energy Transfer LP Unit (ET).

Otter Tail's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include First Trust Advisors LP (2.46%), State Street Corp (2.26%), Renaissance Technologies LLC (2.20%), Gabelli Funds LLC (2.01%), Bank of New York Mellon Corp (0.89%) and Charles Schwab Investment Management Inc. (0.86%). Company insiders that own Otter Tail stock include 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 Gabelli Funds LLC, Oxford Asset Management LLP, Renaissance Technologies LLC, Goldman Sachs Group Inc., Los Angeles Capital Management & Equity Research Inc., Bank of New York Mellon Corp, Bank of Montreal Can and SG Americas Securities LLC. Company insiders that have sold Otter Tail company stock in the last year include John D Erickson and Paul L Knutson. View Insider Buying and Selling for Otter Tail.

OTTR stock was acquired by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Hotchkis & Wiley Capital Management LLC, Barclays PLC, Acadian Asset Management LLC, State Street Corp, Citigroup Inc., UBS Group AG and Icon Advisers Inc. Co.. 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, Robinhood, Fidelity and Charles Schwab.

One share of OTTR stock can currently be purchased for approximately $56.09.

Otter Tail has a market capitalization of $2.23 billion and generates $916.45 million in revenue each year. The utilities provider earns $82.35 million in net income (profit) each year or $2.06 on an earnings per share basis. Otter Tail employs 2,321 workers across the globe.View Additional Information About Otter Tail.

The official website for Otter Tail is http://www.ottertail.com/.

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]