Otter Tail Corporation (OTTR)

NASDAQ: OTTR · Real-Time Price · USD
80.78
+0.20 (0.25%)
Nov 22, 2024, 4:00 PM EST - Market closed
0.25%
Market Cap 3.38B
Revenue (ttm) 1.34B
Net Income (ttm) 304.58M
Shares Out 41.83M
EPS (ttm) 7.24
PE Ratio 11.16
Forward PE 12.81
Dividend $1.87 (2.32%)
Ex-Dividend Date Nov 15, 2024
Volume 270,139
Open 80.91
Previous Close 80.58
Day's Range 80.37 - 81.47
52-Week Range 73.43 - 100.84
Beta 0.52
Analysts n/a
Price Target n/a
Earnings Date Nov 4, 2024

About OTTR

Otter Tail Corporation, together with its subsidiaries, engages in electric utility, manufacturing, and plastic pipe businesses in the United States. It operates through three segments: Electric, Manufacturing, and Plastics. The 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 markets. This segment generates electricity through coal, fuel oil, solar, wind, and natural gas. It serves approximatel... [Read more]

Sector Utilities
Founded 1907
Employees 2,655
Stock Exchange NASDAQ
Ticker Symbol OTTR
Full Company Profile

Financial Performance

In 2023, Otter Tail's revenue was $1.35 billion, a decrease of -7.60% compared to the previous year's $1.46 billion. Earnings were $294.19 million, an increase of 3.52%.

Financial Statements

News

Otter Tail Corporation (OTTR) Q3 2024 Earnings Call Transcript

Otter Tail Corporation (NASDAQ:OTTR) Q3 2024 Earnings Conference Call November 5, 2024 11:00 AM ET Company Participants Beth Eiken – Manager-Investor Relations Chuck MacFarlane – President and Chief ...

17 days ago - Seeking Alpha

Otter Tail Corporation Announces Third Quarter Earnings, Increases Consolidated 2024 Annual Earnings Guidance

FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) today announced financial results for the quarter ended September 30, 2024. SUMMARY Midpoint of 2024 earnings guidance incre...

18 days ago - Business Wire

Otter Tail Corporation Will Host Conference Call on Third Quarter 2024 Financial Results

FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) will issue a news release announcing third quarter 2024 financial results after the stock market closes on Monday, November ...

5 weeks ago - Business Wire

Otter Tail Corporation (OTTR) Q2 2024 Earnings Call Transcript

Otter Tail Corporation (NASDAQ:OTTR) Q2 2024 Earnings Conference Call August 6, 2024 11:00 AM ET Company Participants Beth Eiken – Manager-Investor Relations Chuck MacFarlane – President and Chief Ex...

3 months ago - Seeking Alpha

Otter Tail Corporation Announces Record Second Quarter Earnings, Maintains Electric Segment Guidance and Increases Consolidated 2024 Annual Earnings Guidance

FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) today announced financial results for the quarter ended June 30, 2024. SUMMARY Diluted earnings per share increased 6% to $2...

3 months ago - Business Wire

Otter Tail Corporation: Currently Benefiting From Unsustainable Trends

Otter Tail Corporation is a unique electric utility operating in rural areas of Minnesota, North Dakota, and South Dakota. The company's non-utility manufacturing operations are currently providing it...

4 months ago - Seeking Alpha

Otter Tail Corporation Will Host Conference Call on Second Quarter 2024 Financial Results

FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) will issue a news release announcing second quarter 2024 financial results after the stock market closes on Monday, August 5...

4 months ago - Business Wire

Otter Tail Power Company receives Minnesota Public Utilities Commission approval on Integrated Resource Plan

FERGUS FALLS, Minn.--(BUSINESS WIRE)--Yesterday the Minnesota Public Utilities Commission (MPUC) approved Otter Tail Power's, a wholly-owned subsidiary of Otter Tail Corporation (Nasdaq: OTTR), resour...

6 months ago - Business Wire

Otter Tail Corporation Announces First Quarter Earnings and Increases 2024 Annual Earnings Guidance

FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) today announced financial results for the quarter ended March 31, 2024. SUMMARY Diluted earnings per share increased 19% to ...

7 months ago - Business Wire

Otter Tail Corporation Declares Quarterly Dividend

FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) announced today the Board of Directors declared a quarterly common stock dividend of $0.4675 per share. The dividend is paya...

7 months ago - Business Wire

Otter Tail Corporation Will Host Conference Call on First Quarter 2024 Financial Results

FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) will issue a news release announcing first quarter 2024 financial results after the stock market closes on Monday, May 6, 20...

7 months ago - Business Wire

10 stocks you can bet on being inflation-proof

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9 months ago - Market Watch

Otter Tail Corporation (OTTR) Q4 2023 Earnings Call Transcript

Otter Tail Corporation (OTTR) Q4 2023 Earnings Call Transcript

10 months ago - Seeking Alpha

Otter Tail Corporation Announces Record Annual Earnings, Increases Quarterly Dividend, and Announces 2024 Earnings Guidance

FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) today announced financial results for the quarter and year ended December 31, 2023.   2023 SUMMARY   (in millions, except pe...

10 months ago - Business Wire

Otter Tail Corporation Increases Quarterly Dividend

FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) announced today the Board of Directors increased the company's quarterly common stock dividend to $0.4675 per share. The inc...

10 months ago - Business Wire

Otter Tail Corporation Will Host Conference Call on 2023 Financial Results

FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) will issue a news release announcing 2023 financial results after the stock market closes on Monday, February 12, 2024 and w...

10 months ago - Business Wire

Otter Tail Corporation (OTTR) Q3 2023 Earnings Call Transcript

Otter Tail Corporation (NASDAQ:OTTR) Q3 2023 Earnings Conference Call October 31, 2023 11:00 AM ET Company Participants Beth Osman - Manager, IR Charles MacFarlane - President & CEO Kevin Moug - SVP ...

1 year ago - Seeking Alpha

Otter Tail Corporation Announces Record Quarterly Earnings, Increases 2023 Earnings Guidance, Board of Directors Declares Quarterly Dividend of $0.4375 per Share

FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) today announced financial results for the quarter ended September 30, 2023. SUMMARY Compared to the quarter ended September ...

1 year ago - Business Wire

Otter Tail: Manufacturing Arm Facing Headwinds, But Stock Still Looks Decent

Otter Tail Corporation is a regulated electric utility that also owns manufacturing companies producing industrial plastic components. The company's manufacturing subsidiaries have struggled with grow...

1 year ago - Seeking Alpha

Otter Tail Corporation Will Host Conference Call on Third Quarter 2023 Financial Results

FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) will issue a news release announcing third quarter 2023 financial results after the stock market closes on Monday, October 3...

1 year ago - Business Wire

Otter Tail Corporation CFO and SVP Moug to Retire: Wahlund Named Successor

FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) today announced Kevin Moug will retire from Otter Tail Corporation on December 31 after 27 years of distinguished service to...

1 year ago - Business Wire

Otter Tail Corporation (OTTR) Q2 2023 Earnings Call Transcript

Otter Tail Corporation (NASDAQ:OTTR) Q2 2023 Earnings Conference Call August 1, 2023 11:00 AM ET Company Participants Beth Osman - Manager of Investor Relations Chuck MacFarlane - President and Chief...

1 year ago - Seeking Alpha

Otter Tail Corporation Announces Second Quarter Earnings, Increases 2023 Earnings Guidance, Board of Directors Declares Quarterly Dividend of $0.4375 per Share

FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) today announced financial results for the quarter ended June 30, 2023. SUMMARY Compared to the quarter ended June 30, 2022: ...

1 year ago - Business Wire

Otter Tail Corporation Will Host Conference Call on Second Quarter 2023 Financial Results

FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) will issue a news release announcing second quarter 2023 financial results after the stock market closes on Monday, July 31,...

1 year ago - Business Wire

Otter Tail: Positioned For Any Economy And Has An Attractive Valuation

Otter Tail Corporation is unique in that it owns a manufacturing business that accounts for a significant amount of its income. The company's electric utility provides a baseline level of cash flow re...

1 year ago - Seeking Alpha