Otter Tail Corporation (OTTR)

NASDAQ: OTTR · IEX Real-Time Price · USD
75.48
+2.04 (2.78%)
Jun 2, 2023, 4:00 PM EDT - Market closed
2.78%
Market Cap 3.15B
Revenue (ttm) 1.42B
Net Income (ttm) 274.66M
Shares Out 41.71M
EPS (ttm) 6.55
PE Ratio 11.52
Forward PE 13.99
Dividend $1.75 (2.32%)
Ex-Dividend Date May 12, 2023
Volume 253,098
Open 73.42
Previous Close 73.44
Day's Range 73.13 - 75.62
52-Week Range 52.60 - 82.46
Beta 0.51
Analysts Hold
Price Target n/a
Earnings Date May 1, 2023

About OTTR

Otter Tail Corporation, together with its subsidiaries, engages in electric utility, manufacturing, and plastic pipe 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. This segment generates electricity through coal, wind and hydro, and natural gas. It serves approximately 133,000 residential, industrial, and other commercial customers.... [Read more]

Sector Utilities
Founded 1907
Employees 2,422
Stock Exchange NASDAQ
Ticker Symbol OTTR
Full Company Profile

Financial Performance

In 2022, Otter Tail's revenue was $1.46 billion, an increase of 22.00% compared to the previous year's $1.20 billion. Earnings were $284.18 million, an increase of 60.77%.

Financial Statements

News

Otter Tail Corporation Announces First 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 March 31, 2023. SUMMARY Compared to the quarter ended March 31, 2022...

1 month ago - Business Wire

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

FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) will issue a news release announcing first quarter 2023 financial results after the stock market closes on Monday, May 1, 20...

1 month ago - Business Wire

Cost and reliability drive Otter Tail Power Company's 15-year resource plan

FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Power Company has submitted an updated 2022- 2036 Application for Integrated Resource Plan (IRP) with regulatory commissions in each of the three state...

2 months ago - Business Wire
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Otter Tail Corporation Announces Fourth Quarter Earnings, Record Annual Earnings, Increases Quarterly Dividend and Announces 2023 Earnings Guidance

FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) today announced financial results for the quarter and year ended December 31, 2022. 2022 SUMMARY (in millions, except per sh...

3 months ago - Business Wire

The 9 Best Utility Stocks to Buy Now

Income investors like utility stocks for their stability and generous dividends. Here are nine to watch in an uncertain market.

Other symbols: AESBEPCEGDEDFLNCNFEOGS
4 months ago - Kiplinger

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 $0.4375 per share. The i...

4 months ago - Business Wire

Otter Tail Corporation Will Host Conference Call on 2022 Financial Results

FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation will issue a news release announcing 2022 earnings results on Monday, February 13, 2023 and will host a live conference call and webcast ...

4 months ago - Business Wire

Otter Tail Corporation Appoints Ms. Jeanne Crain and Ms.

FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (“the Company”) has appointed Ms. Jeanne Crain of Minneapolis, Minnesota, and Ms. Mary Ludford of Chicago, Illinois, to the company's Boa...

5 months ago - Business Wire
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Consider Otter Tail for Yield and Growth

There are a lot of mini-conglomerate stories in the corporate world, many of which hope to be the next Berkshire Hathaway ( BRK.A , Financial) ( BRK.B , Financial). Many of these have not been success...

7 months ago - GuruFocus

Otter Tail Corporation Announces Record Second Quarter Earnings, Increases 2022 Earnings Guidance, Board of Directors Declares Quarterly Dividend of $0.4125 per Share

FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) today announced financial results for the quarter ended June 30, 2022. SUMMARY Compared to the quarter ended June 30, 2021: ...

10 months ago - Business Wire

Otter Tail Corporation Will Host Conference Call on Second Quarter 2022 Financial Results

FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation will issue a news release announcing second quarter 2022 earnings results on Monday, August 1, 2022 and will host a live conference call an...

11 months ago - Business Wire
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5 Utilities Stocks Powering Gurus' Portfolios

U.S. market indexes had mixed performances on Wednesday morning as investors weighed news from major companies and signs that economic growth may be slowing.

Other symbols: CEGNRGSREUGI
1 year ago - GuruFocus

Otter Tail Corporation Announces Record First Quarter Earnings, Increases 2022 Earnings Guidance, Board of Directors Declares Quarterly Dividend of $0.4125 per Share

FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) today announced financial results for the quarter ended March 31, 2022. SUMMARY Compared to the quarter ended March 31, 2021...

1 year ago - Business Wire

Otter Tail Corporation Will Host Conference Call on First Quarter 2022 Financial Results

FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation will issue a news release announcing first quarter 2022 earnings results on Monday, May 2, 2022 and will host a live conference call and we...

1 year ago - Business Wire

Otter Tail Corporation Announces Fourth Quarter Earnings, Increases Quarterly Dividend 5.8% and Announces 2022 Earnings Guidance of $3.78 to $4.08 per share

FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) today announced financial results for the quarter and the year ended December 31, 2021. 2021 SUMMARY (in millions, except pe...

1 year ago - Business Wire

Otter Tail Corporation Will Host Conference Call on 2021 Financial Results

FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation will issue a news release announcing 2021 earnings results on Monday, February 14, 2022 and will host a live conference call and webcast on...

1 year ago - Business Wire

Otter Tail Corporation Appoints Dr. Michael LeBeau to Board of Directors

FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation has appointed Dr. Michael LeBeau of Bismarck, North Dakota, to the company's Board of Directors, effective January 1, 2022. Outgoing Board ...

1 year ago - Business Wire

12 Best Utility Stocks to Buy for 2022

Income investors like utility stocks for their stability and generous dividends. Here are 12 top-rated ones to watch in the new year.

1 year ago - Kiplinger

Otter Tail Corporation Announces Third Quarter Earnings and Increases 2021 Earnings Per Share Guidance Driven by Continued Strong Results from Plastics Segment

FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) today announced financial results for the quarter ended September 30, 2021. SUMMARY Compared to the quarter ended September ...

1 year ago - Business Wire

Preview: Otter Tail's Earnings

Otter Tail (NASDAQ:OTTR) is set to give its latest quarterly earnings report on Monday, 2021-11-01. Here's what investors need to know before the announcement.

1 year ago - Benzinga

Stocks With a Solid History of Sales and Earnings Growth

Investors may want to consider the following stocks since they meet the following criteria:

Other symbols: CASH
1 year ago - GuruFocus

Otter Tail Corporation Will Host Conference Call on Third Quarter 2021 Financial Results

FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation will issue a news release announcing third quarter 2021 earnings results after market close on Monday, November 1, 2021 and will host a liv...

1 year ago - Business Wire

Cost and Reliability Drive Otter Tail Power Company's 15-Year Resource Plan

FERGUS FALLS, Minn.--(BUSINESS WIRE)--Today Otter Tail Power Company submitted its Integrated Resource Plan (IRP) to regulatory commissions in each of the three states it serves: Minnesota, North Dako...

1 year ago - Business Wire