Otter Tail Corporation (OTTR)
| Market Cap | 3.20B |
| Revenue (ttm) | 1.42B |
| Net Income (ttm) | 262.31M |
| Shares Out | 41.63M |
| EPS (ttm) | 6.27 |
| PE Ratio | 12.27 |
| Forward PE | 17.70 |
| Dividend | $1.63 (2.11%) |
| Ex-Dividend Date | Aug 12, 2022 |
| Volume | 172,005 |
| Open | 75.88 |
| Previous Close | 75.74 |
| Day's Range | 75.88 - 77.14 |
| 52-Week Range | 52.49 - 78.83 |
| Beta | 0.46 |
| Analysts | Buy |
| Price Target | 72.08 (-6.3%) |
| Earnings Date | Aug 1, 2022 |
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...]
Financial Performance
In 2021, Otter Tail's revenue was $1.20 billion, an increase of 34.46% compared to the previous year's $890.11 million. Earnings were $176.77 million, an increase of 84.42%.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for OTTR stock is "Buy." The 12-month stock price forecast is 72.08, which is a decrease of -6.33% from the latest price.
News
Has Otter Tail (OTTR) Outpaced Other Utilities Stocks This Year?
Here is how Otter Tail (OTTR) and Sempra (SRE) have performed compared to their sector so far this year.
Otter Tail Corporation (OTTR) Soars to 52-Week High, Time to Cash Out?
Otter Tail (OTTR) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Otter Tail (OTTR) Q2 Earnings and Revenues Surpass Estimates
Otter Tail (OTTR) delivered earnings and revenue surprises of 61.42% and 20.13%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Otter Tail Corporation Announces Record Second Quarter Earnings, Increases 2022 Earnings Guidance, Board of Directors...
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: Co...
Buy These 4 Low-Beta Stocks to Sail Through a Choppy Market
It is imperative to build a portfolio of low-beta stocks to sail through a choppy market. Otter Tail (OTTR), Ardmore Shipping (ASC), Scorpio Tankers (STNG) and Lamb Weston (LW) are well poised to gain.
Otter Tail (OTTR) to Report Q2 Earnings: What's in Store?
Otter Tail's (OTTR) second-quarter earnings is likely to gain from improving commercial and industrial sales volumes. However, rising interest rates is a concern.
Here's Why Otter Tail (OTTR) is a Great Momentum Stock to Buy
Does Otter Tail (OTTR) have what it takes to be a top stock pick for momentum investors? Let's find out.
4 Stocks Trading Near 52-Week High That Can Scale Higher
Investors target stocks that have been on a bullish run lately. Stocks like AMN, OTTR, ECPG and CBOE that are seeing price strength have a high chance of carrying the momentum forward.
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 and ...
Buy These 4 Low-Beta Stocks to Sail Through a Volatile Market
It is imperative to build a portfolio of low-beta stocks to sail through a choppy market. Sanderson (SAFM), Otter Tail (OTTR), J&J Snack Foods (JJSF) and AMN Healthcare (AMN) are well poised to gain.
Reasons to Add Otter Tail (OTTR) to Your Portfolio Right Now
Otter Tail (OTTR) makes a strong case for investment in the utility space, given its improving earnings estimates and steady investments.
Best Momentum Stocks to Buy for June 27th
OTTR, ADM and CIB made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on June 27, 2022.
New Strong Buy Stocks for June 27th
BSAC, CPLP, CC, OTTR, and DELL have been added to the Zacks Rank #1 (Strong Buy) List on June 27, 2022.
Best Momentum Stocks to Buy for June 16th
CLR, SPTN, and OTTR made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on June 16, 2022.
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.
Otter Tail (OTTR) Q1 Earnings and Revenues Top Estimates
Otter Tail (OTTR) delivered earnings and revenue surprises of 48.28% and 11.95%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
Otter Tail Corporation Announces Record First Quarter Earnings, Increases 2022 Earnings Guidance, Board of Directors ...
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: ...
Utility Stocks' Q1 Earnings Due on May 2: WEC, OGS & More
Let's focus on utility stocks WEC, OGS, OTTR and AWR that are scheduled to release first-quarter earnings on May 2.
Otter Tail (OTTR) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Otter Tail (OTTR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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 webc...
Otter Tail Corporation Announces Fourth Quarter Earnings, Increases Quarterly Dividend 5.8% and Announces 2022 Earnin...
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 per ...
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 $0.4125 per share. The incre...
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 T...
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 Me...