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.
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Industry, Sector and Symbol
Industry Electric services
Sub-IndustryElectric Utilities
SectorUtilities
Phone866-410-8780
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$916.45 million
Profitability
Miscellaneous
Employees2,321
Next Earnings Date11/4/2019 (Confirmed)
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 announced a quarterly dividend on Monday, August 5th. Shareholders of record on Thursday, August 15th will be given a dividend of $0.35 per share on Tuesday, September 10th. This represents a $1.40 annualized dividend and a yield of 2.59%. The ex-dividend date is Wednesday, August 14th. View Otter Tail's Dividend History.
How were Otter Tail's earnings last quarter?
Otter Tail Co. (NASDAQ:OTTR) posted its earnings results on Monday, August, 5th. The utilities provider reported $0.39 EPS for the quarter, missing the Zacks' consensus estimate of $0.48 by $0.09. The utilities provider earned $229.20 million during the quarter, compared to analyst estimates of $229.20 million. Otter Tail had a return on equity of 10.78% and a net margin of 8.57%. The business's revenue for the quarter was up 1.3% on a year-over-year basis. During the same period in the previous year, the business posted $0.47 earnings per share. View Otter Tail's Earnings History.
When is Otter Tail's next earnings date?
How can I listen to Otter Tail's earnings call?
Otter Tail will be holding an earnings conference call on Monday, November 4th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.
What guidance has Otter Tail issued on next quarter's earnings?
Otter Tail updated its FY19 earnings guidance on Monday, August, 5th. The company provided earnings per share guidance of $2.10-$2.25 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.21.
What price target have analysts set for OTTR?
1 brokers have issued 1 year target prices for Otter Tail's shares. Their predictions range from $60.00 to $60.00. On average, they expect Otter Tail's share price to reach $60.00 in the next year. This suggests a possible upside of 10.9% from the stock's current price. 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 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Otter Tail.
What are Wall Street analysts saying about Otter Tail stock?
Here are some recent quotes from research analysts about Otter Tail stock:
- 1. According to Zacks Investment Research, "OTTER TAIL's primary business is the production, transmission, distribution and sale of electric energy. The Company, through its subsidiaries, is also engaged in other businesses which are referred to as Health Services Operations and Diversified Operations. " (5/21/2019)
- 2. Maxim Group analysts commented, "$0.66 was below our $0.69 forecast and flat y/y as growth in OTTR’s electric utility business (about 70% of income) offset a y/y decline in non-utility net income, due partly to weather." (5/7/2019)
Has Otter Tail been receiving favorable news coverage?
Media coverage about OTTR stock has been trending somewhat negative recently, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Otter Tail earned a daily sentiment score of -1.9 on InfoTrie's scale. They also assigned news 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 company's share price in the next several days. View News Stories for Otter Tail.
Are investors shorting Otter Tail?
Otter Tail saw a decrease in short interest during the month of September. As of September 30th, there was short interest totalling 257,300 shares, a decrease of 24.5% from the August 30th total of 340,700 shares. Based on an average trading volume of 75,800 shares, the short-interest ratio is currently 3.4 days. Approximately 0.7% of the shares of the stock are sold short. View Otter Tail's Current Options Chain.
Who are some of Otter Tail's key competitors?
Some companies that are related to Otter Tail include OGE Energy (OGE), Brookfield Renewable Partners (BEP), Huaneng Power International Inc ADR Class N (HNP), Algonquin Power & Utilities (AQN), CHINA RESOURES/ADR (CRPJY), CENTRICA PLC/S (CPYYY), Portland General Electric (POR), Hawaiian Electric Industries (HE), CEMIG (CIG), Black Hills (BKH), Enel Chile (ENIC), Enel Generacion Chile (EOCC), IDACORP (IDA), PNM Resources (PNM) and Datang Intl Power Generation (DIPGY).
What other stocks do shareholders of Otter Tail own?
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)
- Ms. Jennifer O. Smestad, VP, Gen. Counsel & Corp. Sec. (Age 48)
- 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)
Who are Otter Tail's major shareholders?
Otter Tail's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Campbell & CO Investment Adviser LLC (0.02%), Envestnet Asset Management Inc. (0.01%) and North Star Investment Management Corp. (0.01%). 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 institutional investors are buying Otter Tail stock?
OTTR stock was bought by a variety of institutional investors in the last quarter, including Campbell & CO Investment Adviser LLC, Envestnet Asset Management Inc. and North Star Investment Management Corp.. 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, Robinhood, Fidelity and Charles Schwab.
What is Otter Tail's stock price today?
One share of OTTR stock can currently be purchased for approximately $54.08.
How big of a company is Otter Tail?
Otter Tail has a market capitalization of $2.15 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.
What is Otter Tail's official website?
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)
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.
