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

Sign in or create an account to add this stock to your watchlist.
$48.91 +0.33 (+0.68 %)
(As of 03/25/2019 04:00 PM ET)
Previous Close$48.58
Today's Range$48.44 - $49.23
52-Week Range$42.30 - $51.88
Volume40,482 shs
Average Volume77,331 shs
Market Capitalization$1.94 billion
P/E Ratio23.74
Dividend Yield2.88%
Beta0.34
Otter Tail Corporation, together with its subsidiaries, engages in electric, manufacturing, and plastics 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 and oil sources. It serves approximately 130,000 residential, commercial, industrial, and other customers. Otter Tail Corporation's Manufacturing segment stamps, fabricates, welds, paints, and laser cuts metal components for use in the recreational vehicle, agricultural, oil and gas, lawn and garden, industrial equipment, health and fitness, and enclosure industries; manufactures and fabricates parts for off-road equipment, mining machinery, oil fields and offshore oil rigs, wind industry components, broadcast antennae, and farm equipment; and provides laser cutting services and stamping to weldments and assemblies for metal fabrication buyers and original equipment manufacturers. It also manufactures and sells thermoformed products for the horticulture industry; and clamshell packing, blister packs, returnable pallets, and handling trays for shipping and storing odd-shaped or difficult-to-handle parts for customers in the 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 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.

Receive OTTR News and Ratings via Email

Sign-up to receive the latest news and ratings for OTTR and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Electric services
Sub-IndustryElectric Utilities
SectorUtilities
Current SymbolNASDAQ:OTTR
CUSIP68964810
Phone866-410-8780

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$916.45 million
Cash Flow$3.9861 per share
Book Value$18.38 per share

Profitability

Net Income$82.35 million

Miscellaneous

EmployeesN/A
Market Cap$1.94 billion
Next Earnings Date5/6/2019 (Estimated)
OptionableOptionable

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 declared a quarterly dividend on Wednesday, February 6th. Stockholders of record on Friday, February 15th will be paid a dividend of $0.35 per share on Saturday, March 9th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.86%. The ex-dividend date is Thursday, February 14th. This is a positive change from Otter Tail's previous quarterly dividend of $0.34. View Otter Tail's Dividend History.

How were Otter Tail's earnings last quarter?

Otter Tail Co. (NASDAQ:OTTR) announced its quarterly earnings data on Monday, February, 18th. The utilities provider reported $0.35 earnings per share for the quarter, missing analysts' consensus estimates of $0.39 by $0.04. The utilities provider had revenue of $221.17 million for the quarter. Otter Tail had a net margin of 8.99% and a return on equity of 11.45%. View Otter Tail's Earnings History.

When is Otter Tail's next earnings date?

Otter Tail is scheduled to release their next quarterly earnings announcement on Monday, May 6th 2019. View Earnings Estimates for Otter Tail.

What guidance has Otter Tail issued on next quarter's earnings?

Otter Tail issued an update on its FY earnings guidance on Tuesday, February, 19th. The company provided earnings per share guidance of $2.10-2.25 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.20.

What price target have analysts set for OTTR?

1 equities research analysts have issued 1 year price targets for Otter Tail's stock. Their predictions range from $42.00 to $42.00. On average, they anticipate Otter Tail's stock price to reach $42.00 in the next twelve months. This suggests that the stock has a possible downside of 14.1%. View Analyst Price Targets for Otter Tail.

What is the consensus analysts' recommendation for Otter Tail?

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

Has Otter Tail been receiving favorable news coverage?

Media stories about OTTR stock have been trending somewhat negative recently, according to InfoTrie. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand news and blog 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 impact score of -1.1 on InfoTrie's scale. They also gave media coverage about the utilities provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the immediate future.

Who are some of Otter Tail's key competitors?

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 Micron Technology (MU), QUALCOMM (QCOM), Ford Motor (F), Cisco Systems (CSCO), General Electric (GE), Intel (INTC), Kinder Morgan (KMI), NVIDIA (NVDA), Xilinx (XLNX) and American Outdoor Brands (AOBC).

Who are Otter Tail's key executives?

Otter Tail's management team includes the folowing people:
  • Mr. Charles S. MacFarlane, Pres, CEO & Director (Age 54)
  • Mr. Kevin G. Moug, Sr. VP & CFO (Age 59)
  • Mr. Timothy J. Rogelstad, Sr. VP of Electric Platform (Age 52)
  • Mr. John S. Abbott, Sr. VP of Manufacturing Platform & Pres of Varistar (Age 60)
  • Ms. Jennifer O. Smestad, VP, Gen. Counsel & Corp. Sec. (Age 48)

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. (7.13%), Dimensional Fund Advisors LP (3.04%), Gabelli Funds LLC (2.57%), Northern Trust Corp (2.34%), First Trust Advisors LP (1.26%) and Geode Capital Management LLC (1.19%). 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 Bank of New York Mellon Corp, Gabelli Funds LLC, Assenagon Asset Management S.A., Barclays PLC, First Trust Advisors LP, MetLife Investment Advisors LLC, Millennium Management LLC and Acadian Asset Management LLC. Company insiders that have sold Otter Tail company stock in the last year include John D Erickson, Kevin G Moug and Paul L Knutson. View Insider Buying and Selling for Otter Tail.

Which major investors are buying Otter Tail stock?

OTTR stock was bought by a variety of institutional investors in the last quarter, including Stifel Financial Corp, BlackRock Inc., Geode Capital Management LLC, Geode Capital Management LLC, American Century Companies Inc., Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, Rhumbline Advisers and Dimensional Fund Advisors LP. 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 $48.91.

How big of a company is Otter Tail?

Otter Tail has a market capitalization of $1.94 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.

What is Otter Tail's official website?

The official website for Otter Tail is http://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 or via email at [email protected]


MarketBeat Community Rating for Otter Tail (NASDAQ OTTR)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  186 (Vote Outperform)
Underperform Votes:  227 (Vote Underperform)
Total Votes:  413
MarketBeat's community ratings are surveys of what our community members think about Otter Tail and other stocks. Vote "Outperform" if you believe OTTR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe OTTR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/25/2019 by MarketBeat.com Staff

Featured Article: Why do corrections happen?

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel