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 annualized dividend and a yield of 2.80%. 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) posted its quarterly earnings data on Monday, February, 17th. The utilities provider reported $0.51 EPS for the quarter, hitting the Thomson Reuters' consensus estimate 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 9.44% and a return on equity of 11.49%. 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 updated 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 12 month price objectives for Otter Tail's stock. Their forecasts range from $48.00 to $60.00. On average, they anticipate Otter Tail's stock price to reach $54.75 in the next year. This suggests a possible upside of 3.4% from the stock's current price. 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 coverage about OTTR stock has trended negative on Tuesday, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Otter Tail earned a coverage optimism score of -2.0 on InfoTrie's scale. They also gave news stories about the utilities provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Otter Tail.

Otter Tail saw a drop in short interest in the month of January. As of January 31st, there was short interest totalling 237,700 shares, a drop of 8.3% from the January 15th total of 259,200 shares. Based on an average daily volume of 102,000 shares, the short-interest ratio is currently 2.3 days. Currently, 0.6% of the shares of the stock are short sold. 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 many different of retail and institutional investors. Top institutional investors include First Trust Advisors LP (2.46%), State Street Corp (2.26%), Renaissance Technologies LLC (2.20%), Gabelli Funds LLC (2.01%), Geode Capital Management LLC (1.46%) and Bank of New York Mellon Corp (0.89%). 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. 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 $52.94.

Otter Tail has a market capitalization of $2.10 billion and generates $919.50 million in revenue each year. The utilities provider earns $86.85 million in net income (profit) each year or $2.17 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]