Otter Tail Corporation (OTTR)

NASDAQ: OTTR · IEX Real-Time Price · USD
82.82
+0.53 (0.64%)
Apr 19, 2024, 9:35 AM EDT - Market open
0.64%
Market Cap 3.46B
Revenue (ttm) 1.35B
Net Income (ttm) 294.19M
Shares Out 41.78M
EPS (ttm) 7.00
PE Ratio 11.76
Forward PE 15.23
Dividend $1.87 (2.26%)
Ex-Dividend Date Feb 14, 2024
Volume 9,619
Open 82.19
Previous Close 82.29
Day's Range 82.82 - 82.82
52-Week Range 68.96 - 99.49
Beta 0.56
Analysts Hold
Price Target n/a
Earnings Date May 6, 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 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...

2 days ago - Business Wire

10 stocks you can bet on being inflation-proof

New research shows that “quality” stocks — companies with high operating profitability but which are out of favor on Wall Street — are the type of stocks most likely to do well if inflation heats up. ...

Other symbols: AMCWCXWHCCINVAPCARRDN
7 weeks ago - Market Watch

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...

2 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...

2 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...

3 months ago - Business Wire

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 ...

6 months ago - Business Wire

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...

6 months 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...

7 months ago - Business Wire

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: ...

9 months 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,...

10 months ago - Business Wire

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 year 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 year 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...

1 year ago - Business Wire

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...

1 year 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: AESBEPCEGDEDFLNCNFE
1 year ago - Kiplinger

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 ...

1 year 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...

1 year ago - Business Wire

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...

1 year 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: ...

1 year 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...

1 year ago - Business Wire

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
2 years 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...

2 years 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...

2 years ago - Business Wire