Otis Worldwide Corporation (OTIS)
| Market Cap | 34.78B |
| Revenue (ttm) | 13.69B |
| Net Income (ttm) | 1.25B |
| Shares Out | 414.87M |
| EPS (ttm) | 2.96 |
| PE Ratio | 28.36 |
| Forward PE | 22.99 |
| Dividend | $1.16 (1.38%) |
| Ex-Dividend Date | Feb 16, 2023 |
| Volume | 360,825 |
| Open | 83.59 |
| Previous Close | 83.13 |
| Day's Range | 83.40 - 84.07 |
| 52-Week Range | 62.49 - 87.33 |
| Beta | 0.82 |
| Analysts | Buy |
| Price Target | 86.19 (+2.8%) |
| Earnings Date | Apr 24, 2023 |
About OTIS
Otis Worldwide Corporation manufactures, installs, and services elevators and escalators in the United States, China, and internationally. The company operates in two segments, New Equipment and Service. The New Equipment segment designs, manufactures, sells, and installs a range of passenger and freight elevators, as well as escalators and moving walkways for residential and commercial buildings, and infrastructure projects. The Service segment performs maintenance and repair services, as well as modernization services to upgrade elevators and... [Read more]
Financial Performance
In 2022, Otis Worldwide's revenue was $13.69 billion, a decrease of -4.29% compared to the previous year's $14.30 billion. Earnings were $1.25 billion, an increase of 0.56%.
Financial StatementsAnalyst Forecast
According to 22 analysts, the average rating for OTIS stock is "Buy." The 12-month stock price forecast is $86.19, which is an increase of 2.80% from the latest price.
News
2 Stocks to Buy with Strong Economic Moats
Moats function to protect long term profits
Why Is Otis Worldwide (OTIS) Up 2.2% Since Last Earnings Report?
Otis Worldwide (OTIS) reported earnings 30 days ago. What's next for the stock?
Otis Appoints Sally Loh President, Otis China
She succeeds Perry Zheng who will assume a new executive leadership role at Otis World Headquarters FARMINGTON, Conn. , Feb. 27, 2023 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) announces ...
Our 7 Top Stock Picks From Crossing Wall Street's 2023 Buy List
Many investors may not have heard of Eddy Elfenbein, but he's worth paying attention to. Elfenbein runs an exchange-traded fund called Crossing Wall Street (NYSEARCA: CWS).Two things are interesting ...
Otis Declares Quarterly Dividend of $0.29 per Share
FARMINGTON, Conn. , Feb. 2, 2023 /PRNewswire/ -- The Otis Worldwide Corporation (NYSE: OTIS) Board of Directors today declared a quarterly dividend of $0.29 per share of Otis' common stock.
Otis Worldwide CEO says the company doesn't see a recession in Europe
Cramer spoke with Otis Worldwide CEO Judy Marks on Wednesday.
Otis (OTIS) Q4 Earnings & Sales Beat Estimates, Backlog Solid
Solid operational improvement and a lower share count boost Otis Worldwide's (OTIS) Q4 earnings.
Otis Worldwide (OTIS) Beats Q4 Earnings and Revenue Estimates
Otis Worldwide (OTIS) delivered earnings and revenue surprises of 2.74% and 3.77%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Otis Worldwide Q4 profit and sales top estimates, offers upbeat guidance for 2023
Otis Worldwide Corp. OTIS, +1.57% posted stronger-than-expected fourth-quarter earnings on Wednesday, despite macro challenges it says are pressuring its business. The elevator and escalator manufactu...
OTIS REPORTS FOURTH QUARTER AND FULL YEAR 2022 RESULTS
Delivers MSD fourth quarter organic growth and strong Service operating profit margin expansion; announces 2023 outlook supported by solid New Equipment backlog and 4.1% maintenance portfolio growth 4...
Will Otis Worldwide (OTIS) Beat Estimates Again in Its Next Earnings Report?
Otis Worldwide (OTIS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Factors Setting the Tone for Otis Worldwide (OTIS) Q4 Earnings
Otis Worldwide's (OTIS) Q4 results are expected to reflect a solid backlog level, strong Service performance and cost containment despite the adverse impacts of inflation and currency headwinds.
Otis Worldwide (OTIS) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Otis Worldwide (OTIS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Here is How Otis (OTIS) is Poised for 2023 Amid Industry Woes
Digital innovation and operational improvement benefits Otis (OTIS) despite the headwind from foreign exchange translation.
Otis Fourth Quarter 2022 Earnings Advisory
FARMINGTON, Conn. , Jan. 11, 2023 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) will host a conference call on Wednesday, February 1, 2023, at 8:30 a.m.
Tesla is not alone: 18 (and a half) other big stocks are headed for their worst year on record
In the worst year for stocks since the Great Recession, several big names are headed for their worst year on record with just one trading day left in 2022.
Otis Florence Factory Receives Zero Waste to Landfill Certification
South Carolina factory becomes first in elevator industry to achieve milestone in TRUE program. FLORENCE, S.C.
Why Is Otis Worldwide (OTIS) Up 11.6% Since Last Earnings Report?
Otis Worldwide (OTIS) reported earnings 30 days ago. What's next for the stock?
Otis (OTIS) Q3 Earnings Beat, Increases Y/Y on Strong Margins
Solid operational improvement, a lower share count and the Zardoya transaction boost Otis Worldwide's (OTIS) Q3 earnings.
Otis Worldwide (OTIS) Q3 Earnings Surpass Estimates
Otis Worldwide (OTIS) delivered earnings and revenue surprises of 2.56% and 2.76%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
OTIS REPORTS THIRD QUARTER 2022 RESULTS
Delivers solid third quarter results driven by mid-single digit organic Service growth 3Q Net sales down 7.6% and organic sales up 0.8%. GAAP EPS ~flat and adjusted EPS up 5.3% 3Q New Equipment orders...
Nelda Connors Appointed to Otis Worldwide Board of Directors
FARMINGTON, Conn. , Oct. 24, 2022 /PRNewswire/ -- Otis Worldwide (NYSE: OTIS), the world's leading company for elevator and escalator manufacturing, installation and service, has appointed Nelda Conno...
Factors Setting the Tone for Otis Worldwide (OTIS) Q3 Earnings
Otis Worldwide's (OTIS) third-quarter results are expected to reflect the adverse impacts of inflation.
Otis Third Quarter 2022 Earnings Advisory
FARMINGTON, Conn. , Oct. 6, 2022 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) will host a conference call on Wednesday, October 26, 2022, at 8:30 a.m.
Students Tackle Climate Change Using STEM Skills
Made to Move Communities™ global challenge pairs local students with Otis volunteers to address one of the most significant issues of our time. FARMINGTON, Conn.