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NYSE:OTIS

Otis Worldwide (OTIS) Stock Price, News & Analysis

Otis Worldwide logo
$68.21 -1.09 (-1.58%)
As of 12:57 PM Eastern
This is a fair market value price provided by Massive. Learn more.

About Otis Worldwide Stock (NYSE:OTIS)

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Key Stats

Today's Range
$68.28
$69.32
50-Day Range
$69.38
$75.07
52-Week Range
$68.28
$94.57
Volume
1.31 million shs
Average Volume
3.72 million shs
Market Capitalization
$25.96 billion
P/E Ratio
17.54
Dividend Yield
2.58%
Price Target
$92.91
Consensus Rating
Hold

Company Overview

Otis Worldwide Corporation (NYSE: OTIS) designs, manufactures, installs and services elevators, escalators and moving walkways. Its equipment is used in residential, commercial, institutional, transportation and industrial buildings, supporting the movement of people in high-rise and other densely occupied environments.

The company’s offerings include passenger and freight elevators, escalators, moving walkways, destination-dispatch systems and related technologies. Otis also provides maintenance, repair, modernization and replacement services for its own equipment and products made by other manufacturers. Its service operations help building owners maintain equipment performance, safety and reliability throughout a system’s operating life.

Otis traces its origins to 1853, when Elisha Otis demonstrated a safety elevator, and became an independent public company in 2020 following its separation from United Technologies. The company serves customers across a broad international footprint, with operations and installations in more than 200 countries and territories. Its business is generally organized around new equipment and recurring service activities.

AI Generated. May Contain Errors.

Otis Worldwide Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
90th Percentile Overall Score

OTIS MarketRank™: 

Otis Worldwide scored higher than 90% of companies evaluated by MarketBeat, and ranked 153rd out of 658 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Otis Worldwide has received a consensus rating of Hold. The company's average rating score is 2.30, and is based on no strong buy ratings, 4 buy ratings, 5 hold ratings, and 1 sell rating.

  • Upside Potential

    Otis Worldwide has a consensus price target of $92.91, representing about 35.5% upside from its current price of $68.57.

  • Amount of Analyst Coverage

    Otis Worldwide has only been the subject of 3 research reports in the past 90 days.

  • Read more about Otis Worldwide's stock forecast and price target.
  • Earnings Growth

    Earnings for Otis Worldwide are expected to grow by 10.67% in the coming year, from $4.03 to $4.46 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Otis Worldwide is 17.62, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.05.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Otis Worldwide is 17.62, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 25.52.

  • Price to Earnings Growth Ratio

    Otis Worldwide has a PEG Ratio of 2.47. PEG Ratios above 1 indicate that a company could be overvalued.

  • Read more about Otis Worldwide's valuation and earnings.
  • Percentage of Shares Shorted

    3.94% of the float of Otis Worldwide has been sold short.
  • Short Interest Ratio / Days to Cover

    Otis Worldwide has a short interest ratio ("days to cover") of 5.
  • Change versus previous month

    Short interest in Otis Worldwide has recently increased by 4.11%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Otis Worldwide pays a meaningful dividend of 2.51%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Otis Worldwide has been increasing its dividend for 5 years.

  • Dividend Coverage

    The dividend payout ratio of Otis Worldwide is 45.24%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Otis Worldwide will have a dividend payout ratio of 39.46% next year. This indicates that Otis Worldwide will be able to sustain or increase its dividend.

  • Read more about Otis Worldwide's dividend.
  • News Sentiment

    Otis Worldwide has a news sentiment score of 1.39. 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 0.74 average news sentiment score of Industrials companies.
  • News Coverage This Week

    MarketBeat has tracked 10 news articles for Otis Worldwide this week, compared to 7 articles on an average week.
  • Search Interest

    13 people have searched for OTIS on MarketBeat in the last 30 days. This is an increase of 8% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Otis Worldwide insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    0.14% of the stock of Otis Worldwide is held by insiders.

  • Percentage Held by Institutions

    88.03% of the stock of Otis Worldwide is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Otis Worldwide's insider trading history.
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OTIS Stock News Headlines

Otis CEO to Speak at Morgan Stanley Conference
Man who Predicted Trump 2016 Win: “Prepare for Mid-Term Meltdown”
In 2016, major election models gave Hillary Clinton a 99% chance of winning - but former CIA and Pentagon adviser Jim Rickards publicly predicted a Trump victory before election night. Now Rickards is issuing a new forecast he calls a potential mid-term meltdown, one he believes could send shockwaves through financial markets.tc pixel
Otis Worldwide Corporation (OTIS)
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OTIS Stock Analysis - Frequently Asked Questions

Otis Worldwide's stock was trading at $87.37 on January 1st, 2026. Since then, OTIS shares have decreased by 21.5% and is now trading at $68.5730.

Otis Worldwide Corporation (NYSE:OTIS) issued its quarterly earnings results on Wednesday, July, 22nd. The company reported $1.01 EPS for the quarter, hitting analysts' consensus estimates of $1.01. The company's revenue for the quarter was up 7.3% on a year-over-year basis.
Read the conference call transcript
.

Otis Worldwide's board approved a stock repurchase plan on Thursday, January 16th 2025, which permits the company to buy back $2,000,000,000 in outstanding shares, according to EventVestor. This means that the company could buy up to 5.4% of its shares through open market purchases. Shares buyback plans are often a sign that the company's leadership believes its shares are undervalued.

Top institutional shareholders of Otis Worldwide include California State Teachers Retirement System (11.95%), BlackRock Inc. (8.31%), Mitsubishi UFJ Asset Management Co. Ltd. (1.55%) and Van ECK Associates Corp (1.05%). Insiders that own company stock include Judith Fran Marks, Montlivault Stephane De, Nora E Lafreniere, Abbe Luersman, Neil Green, Michael Patrick Ryan and Peiming Zheng.
View institutional ownership trends
.

Shares of OTIS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Otis Worldwide investors own include Chevron (CVX), Bristol Myers Squibb (BMY), Comcast (CMCSA), Charles Schwab (SCHW), McKesson (MCK), Edwards Lifesciences (EW) and Yum! Brands (YUM).

Company Calendar

Record date for 6/12 Dividend
5/15/2026
Ex-Dividend for 6/12 Dividend
5/15/2026
Dividend Payable
6/12/2026
Last Earnings
7/22/2026
Record date for 9/11 Dividend
8/14/2026
Ex-Dividend for 9/11 Dividend
8/14/2026
Today
9/10/2026
Dividend Payable
9/11/2026
Morgan Stanley's 14th Annual Laguna Conference
9/17/2026
Next Earnings (Estimated)
10/28/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Machinery
Sub-Industry
Industrial Machinery & Supplies & Components
Current Symbol
NYSE:OTIS
CIK
1781335
Fax
N/A
Employees
72,000
Year Founded
1853

Price Target and Rating

High Price Target
$109.00
Low Price Target
$75.00
Potential Upside/Downside
+36.1%
Consensus Rating
Hold
Rating Score (0-4)
2.30
Research Coverage
10 Analysts

Profitability

EPS (Trailing Twelve Months)
$3.89
Trailing P/E Ratio
17.56
Forward P/E Ratio
16.94
P/E Growth
2.47
Net Income
$1.38 billion
Net Margins
10.17%
Pretax Margin
13.91%
Return on Equity
-28.50%
Return on Assets
14.39%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
0.83
Quick Ratio
0.75

Sales & Book Value

Annual Sales
$14.43 billion
Price / Sales
1.80
Cash Flow
$4.45 per share
Price / Cash Flow
15.35
Book Value
($13.75) per share
Price / Book
-4.97

Miscellaneous

Outstanding Shares
380,670,000
Free Float
380,136,000
Market Cap
$26.00 billion
Optionable
Optionable
Beta
0.88

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This page (NYSE:OTIS) was last updated on 9/10/2026 by MarketBeat.com Staff.
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