Skip to main content

Otter Tail Corporation (OTTR)

NASDAQ: OTTR · IEX Real-Time Price · USD
60.60 1.05 (1.76%)
Oct 22, 2021 4:00 PM EDT - Market closed
Market Cap2.52B
Revenue (ttm)1.01B
Net Income (ttm)127.00M
Shares Out41.50M
EPS (ttm)3.05
PE Ratio19.87
Forward PE17.70
Dividend$1.52 (2.51%)
Ex-Dividend DateAug 12, 2021
Volume96,665
Open59.86
Previous Close59.55
Day's Range59.53 - 60.75
52-Week Range36.29 - 60.75
Beta0.37
AnalystsBuy
Price Target63.33 (+4.5%)
Est. Earnings DateNov 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...

IndustryElectric Utilities
Founded1907
Employees2,074
Stock ExchangeNASDAQ
Ticker SymbolOTTR
Full Company Profile

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 Statements

Analyst 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.

Price Target
$63.33
(4.50% upside)
Analyst Consensus: Buy

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 ...

1 day ago - Business Wire

OTTR vs. NEE: Which Stock Should Value Investors Buy Now?

OTTR vs. NEE: Which Stock Is the Better Value Option?

Other symbols:NEE
2 days ago - Zacks Investment Research

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?

1 week ago - Zacks Investment Research

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.

Other symbols:LRNSBSMP
2 weeks ago - Zacks Investment Research

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?

3 weeks ago - Zacks Investment Research

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.

Other symbols:BJCAJEXC
1 month ago - Zacks Investment Research

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.

Other symbols:AES
1 month ago - Zacks Investment Research

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?

1 month ago - Zacks Investment Research

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.

Other symbols:JJSFMSEXMYRGPPC
1 month ago - Zacks Investment Research

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).

Other symbols:ATOAWRJJSF
1 month ago - Zacks Investment Research

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...

1 month ago - Business Wire

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.

1 month ago - Zacks Investment Research

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?

1 month ago - Zacks Investment Research

6 Small-Cap Dividend Stocks to Buy Now

Small-cap stocks aren't generally seen as income-building investments, but the names on this list offer hefty payouts for shareholders.

Other symbols:FLOMDCNJROGSRGR
2 months ago - Kiplinger

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?

2 months ago - Zacks Investment Research

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?

2 months ago - Zacks Investment Research

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...

2 months ago - Business Wire

9 Best Utility Stocks for the Remainder of 2021

Utility stocks are appealing because they're typically steady and dependable, with most paying dividends. Here are some top-rated ones to watch through year's end.

2 months ago - Kiplinger

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.

2 months ago - Zacks Investment Research

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...

3 months ago - Business Wire

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.

Other symbols:AVACMS
4 months ago - Zacks Investment Research

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.

4 months ago - Zacks Investment Research

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?

5 months ago - Zacks Investment Research

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...

5 months ago - Business Wire

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.

5 months ago - Benzinga