Otter Tail Corporation (OTTR)
| Market Cap | 2.52B |
| Revenue (ttm) | 1.01B |
| Net Income (ttm) | 127.00M |
| Shares Out | 41.50M |
| EPS (ttm) | 3.05 |
| PE Ratio | 19.87 |
| Forward PE | 17.70 |
| Dividend | $1.52 (2.51%) |
| Ex-Dividend Date | Aug 12, 2021 |
| Volume | 96,665 |
| Open | 59.86 |
| Previous Close | 59.55 |
| Day's Range | 59.53 - 60.75 |
| 52-Week Range | 36.29 - 60.75 |
| Beta | 0.37 |
| Analysts | Buy |
| Price Target | 63.33 (+4.5%) |
| Est. Earnings Date | Nov 1, 2021 |
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, commercial, industrial, and other customers...
Financial Performance
In 2020, OTTR's revenue was $890.11 million, a decrease of -3.20% compared to the previous year's $919.50 million. Earnings were $95.85 million, an increase of 10.37%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for OTTR stock is "Buy." The 12-month stock price forecast is 63.33, which is an increase of 4.50% from the latest price.
News
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 live ...
OTTR vs. NEE: Which Stock Should Value Investors Buy Now?
OTTR vs. NEE: Which Stock Is the Better Value Option?
Are You Looking for a High-Growth Dividend Stock? Otter Tail (OTTR) Could Be a Great Choice
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Otter Tail (OTTR) have what it takes?
Bet on These 4 Low-Beta Stocks to Combat Market Volatility
It is imperative to build a portfolio of low-beta stocks to sail through choppy market conditions. OTTR, LRN, SMP & SB are the frontrunners.
This is Why Otter Tail (OTTR) is a Great Dividend Stock
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Otter Tail (OTTR) have what it takes?
Sail Through Market Volatility With These 4 Low-Beta Stocks
It is imperative to build a portfolio of low-beta stocks to sail through the choppy market. CAJ, EXC, BJ & OTTR are well poised to gain.
AES Acquires 49.9% Stake in AES Colon, Expands LNG Portfolio
AES Corp (AES) acquires remaining 49.9% stake in AES Colon, a 381-megawatt LNG-fired power plant and a 180,000 cubic metres LNG storage and regasification facility in Panama.
Are You Looking for a High-Growth Dividend Stock? Otter Tail (OTTR) Could Be a Great Choice
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Otter Tail (OTTR) have what it takes?
Markets Brace for a Bumpy Ride Ahead: 5 Defensive Stocks to Buy
As economic growth worries grip investors, it's prudent to invest in safe defensive stocks like Otter Tail (OTTR), Pilgrims Pride (PPC) & MYR Group (MYRG) for better returns.
4 Safe Stocks to Buy as Wall Street Braces for a Fall
With investors bracing for a Wall Street fall, it's judicious to invest in less risky stocks from non-cyclical sectors like Atmos Energy (ATO), Otter Tail (OTTR), & J & J Snack Foods (JJSF).
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 Dakota...
Reasons to Add Otter Tail (OTTR) to Your Portfolio Right Now
Otter Tail Corporation (OTTR) makes a strong case for investment in the utility space, given its improving earnings estimates and steady investments.
Why Otter Tail (OTTR) is a Top Dividend Stock for Your Portfolio
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Otter Tail (OTTR) have what it takes?
This is Why Otter Tail (OTTR) is a Great Dividend Stock
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Otter Tail (OTTR) have what it takes?
Otter Tail (OTTR) Q2 Earnings and Revenues Beat Estimates
Otter Tail (OTTR) delivered earnings and revenue surprises of 83.64% and 37.91%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Otter Tail Corporation Announces Second Quarter Earnings and Increases 2021 Earnings Per Share Guidance
FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) today announced financial results for the quarter ended June 30, 2021. SUMMARY Compared to the quarter ended June 30, 2020: Co...
Otter Tail (OTTR) Earnings Expected to Grow: Should You Buy?
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 Second Quarter 2021 Financial Results
FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation will issue a news release announcing second quarter 2021 earnings results after market close on Monday, August 2, 2021 and will host a live c...
Utilities to Buy Amid Growing Consumption of Electricity
Amid a likely surge in the U.S. electricity usage in 2021-2022 period, CMS Energy (CMS), Avista (AVA) and Otter Tail (OTTR) can be smart bets, given their strong returns and positive estimate movement.
4 Reasons to Add Otter Tail (OTTR) to Your Portfolio Now
Otter Tail (OTTR), makes a strong case for investment at the moment, given its two platform business model and positive earnings estimate revisions.
Otter Tail (OTTR) Q1 Earnings and Revenues Top Estimates
Otter Tail (OTTR) delivered earnings and revenue surprises of 5.80% and 7.74%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
Otter Tail Corporation Announces First Quarter Earnings and Increases 2021 Earnings Per Share Guidance
FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) today announced financial results for the quarter ended March 31, 2021. SUMMARY Consolidated operating revenues increased 11.5...
Earnings Preview for Otter Tail
On Monday, May 03, Otter Tail (NASDAQ:OTTR) will release its latest earnings report. Check out Benzinga's preview to understand the implications.