NASDAQ:OTTR Otter Tail - OTTR Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Otter Tail Co. Please log in to your account or sign up in order to add this asset to your watchlist. $71.57 +0.37 (+0.52%) (As of 03/29/2023 12:00 AM ET) Add Compare Share Share Today's Range$71.14▼$71.9050-Day Range$61.17▼$72.7052-Week Range$52.60▼$82.46Volume148,338 shsAverage Volume440,737 shsMarket Capitalization$2.98 billionP/E Ratio10.56Dividend Yield2.45%Price Target$69.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Otter Tail MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside3.6% Downside$69.00 Price TargetShort InterestHealthy7.87% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment1.17Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth-12.47%From $3.85 to $3.37 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.82 out of 5 starsUtilities Sector70th out of 85 stocksElectric Services Industry35th out of 41 stocks 1.0 Analyst's Opinion Consensus RatingOtter Tail has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $69.00, Otter Tail has a forecasted downside of 3.6% from its current price of $71.57.Amount of Analyst CoverageOtter Tail has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted7.87% of the float of Otter Tail has been sold short.Short Interest Ratio / Days to CoverOtter Tail has a short interest ratio ("days to cover") of 7.1.Change versus previous monthShort interest in Otter Tail has recently decreased by 8.44%, indicating that investor sentiment is improving significantly. Previous Next 4.2 Dividend Strength Dividend YieldOtter Tail pays a meaningful dividend of 2.49%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthOtter Tail has been increasing its dividend for 10 years.Dividend CoverageThe dividend payout ratio of Otter Tail is 25.81%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Otter Tail will have a dividend payout ratio of 51.93% next year. This indicates that Otter Tail will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for OTTR. Previous Next 2.9 News and Social Media Coverage News SentimentOtter Tail has a news sentiment score of 1.17. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.45 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Otter Tail this week, compared to 2 articles on an average week.Search InterestOnly 4 people have searched for OTTR on MarketBeat in the last 30 days. This is a decrease of -79% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Otter Tail to their MarketBeat watchlist in the last 30 days. This is a decrease of -60% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Otter Tail insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.10% of the stock of Otter Tail is held by insiders.Percentage Held by Institutions49.01% of the stock of Otter Tail is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Otter Tail are expected to decrease by -12.47% in the coming year, from $3.85 to $3.37 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Otter Tail is 10.56, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.58.Price to Earnings Ratio vs. SectorThe P/E ratio of Otter Tail is 10.56, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 107.38.Price to Book Value per Share RatioOtter Tail has a P/B Ratio of 2.45. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Otter Tail (NASDAQ:OTTR) StockOtter Tail Corp. is a holding company engaged in the energy, infrastructure, and production businesses. It operates through the following segments: Electric, Manufacturing, and Plastics. The Electric segment is involved in the generation, purchase, transmission, distribution, and sale of electric energy in western Minnesota, eastern North Dakota, and northeastern South Dakota. The Manufacturing segment consists of businesses in the manufacturing arena, including contract machining, metal parts stamping, fabrication, and painting, and the production of plastic thermoformed horticultural containers, life science and industrial packaging, material handling components, and extruded raw material stock. The Plastics segment offers businesses that produce polyvinyl chloride pipes at plants in North Dakota and Arizona. The company was founded in 1907 and is headquartered in Fergus Falls, MN.Read More Receive OTTR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Otter Tail and its competitors with MarketBeat's FREE daily newsletter. Email Address OTTR Stock News HeadlinesMarch 26, 2023 | nytimes.comTrack Covid-19 in Otter Tail County, MinnesotaFebruary 15, 2023 | finance.yahoo.comOtter Tail Full Year 2022 Earnings: EPS Beats Expectations, Revenues LagMarch 30, 2023 | Investor Place Media (Ad)Biden To Unleash "Choke Point" Operation On America?Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.February 13, 2023 | finance.yahoo.comOtter Tail Corporation Announces Fourth Quarter Earnings, Record Annual Earnings, Increases Quarterly Dividend and Announces 2023 Earnings GuidanceFebruary 9, 2023 | finance.yahoo.comThere's A Lot To Like About Otter Tail's (NASDAQ:OTTR) Upcoming US$0.44 DividendFebruary 8, 2023 | msn.comIn Florida, river otters may be in your backyard. See some cute ones born at Zoo MiamiFebruary 8, 2023 | msn.comFriday Is Your Last Chance To Buy Otter Tail Before The Dividend PayoutFebruary 7, 2023 | msn.comFire departments in Otter Tail County respond to structure engulfed in flamesMarch 30, 2023 | Investing Daily (Ad)A 100% Win Rate In 2022…The next 10 minutes could change your life. We've recorded a special sit-down interview with a reclusive millionaire who details how he's closed out winning trade after winning trade throughout the volatility of 2022. In fact, he hasn't closed a single losing trade since 2016. Sounds impossible? It's not - and he'll prove it to you. February 3, 2023 | marketwatch.comOtter Tail Corp. Raises Quarterly Dividend by 6.1% >OTTRJanuary 30, 2023 | finance.yahoo.comInvesting in Otter Tail (NASDAQ:OTTR) five years ago would have delivered you a 80% gainJanuary 23, 2023 | finance.yahoo.comOtter Tail Corporation Will Host Conference Call on 2022 Financial ResultsJanuary 9, 2023 | msn.comMan dies after falling through ice in Otter Tail CountyJanuary 2, 2023 | finance.yahoo.comInvestors Will Want Otter Tail's (NASDAQ:OTTR) Growth In ROCE To PersistDecember 21, 2022 | msn.comOtter Tail County pauses sale of THC for one yearDecember 6, 2022 | msn.comApprox. 200 new childcare openings coming to Otter Tail CountyDecember 5, 2022 | finance.yahoo.comHere's Why We Think Otter Tail (NASDAQ:OTTR) Is Well Worth WatchingNovember 23, 2022 | benzinga.comOtter Tail Board Member Trades Company's StockNovember 21, 2022 | seekingalpha.comWhy The Smart Money Is Buying Otter Tail StockNovember 17, 2022 | finance.yahoo.comAfter losing 16% in the past year, Otter Tail Corporation (NASDAQ:OTTR) institutional owners must be relieved by the recent gainNovember 7, 2022 | finance.yahoo.comAre Investors Undervaluing Otter Tail (OTTR) Right Now?November 1, 2022 | finance.yahoo.comWhy Otter Tail Stock Was Down TodayNovember 1, 2022 | businesswire.comOtter Tail Corporation Announces Record Third Quarter Earnings and Updated Guidance, Midpoint of Reduced 2022 Earnings Per Share Guidance Represents a 55% Increase Over 2021 ...November 1, 2022 | finance.yahoo.comOtter Tail (OTTR) Q3 Earnings Surpass EstimatesNovember 1, 2022 | seekingalpha.comOtter Tail reports Q3 earnings beat; narrows FY22 EPS guidance below estimatesOctober 31, 2022 | finance.yahoo.comIs Otter Tail Corporation's (NASDAQ:OTTR) Recent Stock Performance Tethered To Its Strong Fundamentals?October 29, 2022 | seekingalpha.comOtter Tail Q3 2022 Earnings PreviewSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive OTTR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Otter Tail and its competitors with MarketBeat's FREE daily newsletter. Email Address OTTR Company Calendar Last Earnings10/31/2021Ex-Dividend for 3/10 Dividend2/13/2023Dividend Payable3/10/2023Today3/29/2023Next Earnings (Estimated)5/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Electric services Sub-IndustryElectric Utilities SectorUtilities Current SymbolNASDAQ:OTTR CUSIP68964810 CIK1466593 Webwww.ottertail.com Phone(866) 410-8780Fax218-998-3165Employees2,422Year Founded1907Price Target and Rating Average Stock Price Forecast$69.00 High Stock Price Forecast$75.00 Low Stock Price Forecast$63.00 Forecasted Upside/Downside-3.6%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$6.78 Trailing P/E Ratio10.56 Forward P/E Ratio18.59 P/E GrowthN/ANet Income$284.18 million Net Margins19.46% Pretax Margin24.49% Return on Equity24.90% Return on Assets9.91% Debt Debt-to-Equity Ratio0.68 Current Ratio1.91 Quick Ratio1.29 Sales & Book Value Annual Sales$1.46 billion Price / Sales2.04 Cash Flow$9.22 per share Price / Cash Flow7.76 Book Value$29.24 per share Price / Book2.45Miscellaneous Outstanding Shares41,630,000Free Float40,758,000Market Cap$2.98 billion OptionableOptionable Beta0.50 Social Links Key ExecutivesCharles S. MacFarlanePresident, Chief Executive Officer & DirectorKevin G. MougChief Financial Officer & Senior Vice PresidentJennifer O. SmestadSecretary, Vice President & General CounselTimothy J. RogelstadSenior Vice President-Electric PlatformJohn S. AbbottSenior Vice President-Manufacturing PlatformKey CompetitorsHawaiian Electric IndustriesNYSE:HEPortland General ElectricNYSE:PORPNM ResourcesNYSE:PNMIDACORPNYSE:IDAOGE EnergyNYSE:OGEView All CompetitorsInsiders & InstitutionsTruist Financial CorpBought 10,314 shares on 2/17/2023Ownership: 0.041%Gateway Wealth Partners LLCBought 22,211 shares on 2/16/2023Ownership: 0.053%State of WyomingSold 512 shares on 2/16/2023Ownership: 0.002%Alps Advisors Inc.Bought 471 shares on 2/15/2023Ownership: 0.022%Public Employees Retirement System of OhioSold 1,138 shares on 2/15/2023Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions OTTR Stock - Frequently Asked Questions Should I buy or sell Otter Tail stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Otter Tail in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" OTTR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in OTTR, but not buy additional shares or sell existing shares. View OTTR analyst ratings or view top-rated stocks. What is Otter Tail's stock price forecast for 2023? 1 Wall Street analysts have issued 12-month price targets for Otter Tail's stock. Their OTTR share price forecasts range from $63.00 to $75.00. On average, they anticipate the company's share price to reach $69.00 in the next twelve months. This suggests that the stock has a possible downside of 3.6%. View analysts price targets for OTTR or view top-rated stocks among Wall Street analysts. How have OTTR shares performed in 2023? Otter Tail's stock was trading at $58.71 at the start of the year. Since then, OTTR stock has increased by 21.9% and is now trading at $71.57. View the best growth stocks for 2023 here. When is Otter Tail's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, May 1st 2023. View our OTTR earnings forecast. How were Otter Tail's earnings last quarter? Otter Tail Co. (NASDAQ:OTTR) released its quarterly earnings results on Sunday, October, 31st. The utilities provider reported $1.26 earnings per share for the quarter, topping the consensus estimate of $1.13 by $0.13. The utilities provider earned $316.29 million during the quarter, compared to analyst estimates of $317.63 million. Otter Tail had a trailing twelve-month return on equity of 24.90% and a net margin of 19.46%. The firm's quarterly revenue was up 34.2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.87 EPS. How often does Otter Tail pay dividends? What is the dividend yield for Otter Tail? Otter Tail declared a quarterly dividend on Friday, February 3rd. Stockholders of record on Tuesday, February 14th will be paid a dividend of $0.438 per share on Friday, March 10th. This represents a $1.75 dividend on an annualized basis and a dividend yield of 2.45%. The ex-dividend date is Monday, February 13th. This is a positive change from the stock's previous quarterly dividend of $0.41. Read our dividend analysis for OTTR. What ETFs hold Otter Tail's stock? ETFs with the largest weight of Otter Tail (NASDAQ:OTTR) stock in their portfolio include Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU), Opus Small Cap Value Plus ETF (OSCV), First Trust NASDAQ BuyWrite Income ETF (FTQI), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), First Trust Active Factor Small Cap ETF (AFSM), iShares U.S. Infrastructure ETF (IFRA), First Trust Value Line Dividend Index Fund (FVD) and WisdomTree U.S. SmallCap Dividend Fund (DES). Is Otter Tail a good dividend stock? Otter Tail (NASDAQ:OTTR) pays an annual dividend of $1.75 per share and currently has a dividend yield of 2.49%. The company has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 25.81%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, OTTR will have a dividend payout ratio of 51.93% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for OTTR. What guidance has Otter Tail issued on next quarter's earnings? Otter Tail issued an update on its FY23 earnings guidance on Tuesday, February, 14th. The company provided earnings per share guidance of $3.76-4.06 for the period, compared to the consensus EPS estimate of $3.90. What is Nathan I. Partain's approval rating as Otter Tail's CEO? 9 employees have rated Otter Tail Chief Executive Officer Nathan I. Partain on Glassdoor.com. Nathan I. Partain has an approval rating of 78% among the company'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 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 number of institutional and retail investors. Top institutional investors include First Trust Advisors LP (3.09%), Dimensional Fund Advisors LP (2.49%), Geode Capital Management LLC (1.89%), Gabelli Funds LLC (1.76%), Charles Schwab Investment Management Inc. (1.18%) and Gamco Investors INC. ET AL (0.82%). Insiders that own company stock include John D Erickson and Timothy J O'keefe. View institutional ownership trends. How do I buy shares of Otter Tail? Shares of OTTR stock 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 $71.57. How much money does Otter Tail make? Otter Tail (NASDAQ:OTTR) has a market capitalization of $2.98 billion and generates $1.46 billion in revenue each year. The utilities provider earns $284.18 million in net income (profit) each year or $6.78 on an earnings per share basis. How many employees does Otter Tail have? The company employs 2,422 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 official website for the company is www.ottertail.com. The utilities provider can be reached via phone at (866) 410-8780, via email at lhanson@ottertail.com, or via fax at 218-998-3165. This page (NASDAQ:OTTR) was last updated on 3/30/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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