Otter Tail Corporation (OTTR)

NASDAQ: OTTR · IEX Real-Time Price · USD
76.95
+1.21 (1.60%)
Aug 8, 2022 4:00 PM EDT - Market closed
1.60%
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...]

Industry Electric Utilities
Founded 1907
Employees 2,487
Stock Exchange NASDAQ
Ticker Symbol OTTR
Full Company Profile

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 Statements

Analyst 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.

Price Target
$72.08
(-6.33% downside)
Analyst Consensus: Buy
Stock Forecasts

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.

Other symbols: ASCLWSTNG

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.

Other symbols: AMNCBOEECPG

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.

Other symbols: AMNJJSFSAFM

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.

Other symbols: ADMCIB

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.

Other symbols: BSACCCCPLPDELL

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.

Other symbols: CLRSPTN

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

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.

Other symbols: AWROGSWEC

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...

7 Utility Stocks to Buy Despite the Heating Crisis

Energy prices have risen but that doesn't mean utility stocks have lost their luster. Many continue to grow their earnings and profits.

Other symbols: BIPEXCKENPAMSGUUGI

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...