Otter Tail/OTTR

-0.48%
-
1D1W1MYTD1YMAX

About Otter Tail

Otter Tail Corporation is a holding company. The Company operates through three segments: Electric, Manufacturing and Plastics. The Electric segment includes the generation, purchase, transmission, distribution and sale of electric energy in western Minnesota, eastern North Dakota and northeastern South Dakota. The Manufacturing segment consists of businesses engaged in manufacturing activities: contract machining; metal parts stamping; fabrication and painting; and production of plastic thermoformed horticultural containers, life science and industrial packaging, material handling components and extruded raw material stock. These businesses have manufacturing facilities in Georgia, Illinois and Minnesota and sell products primarily in the United States. The Plastics segment consists of businesses producing polyvinyl chloride (PVC) pipe at plants in North Dakota and Arizona. The PVC pipe is sold primarily in the western half of the United States and Canada.

Ticker

OTTR

Sector

Utilities

Trading on

NASDAQ

Industry

Electric Utilities

CEO

Charles Macfarlane

Employees

2,655

Headquarters

Fergus falls, United States

Otter Tail Metrics

BasicAdvanced
US$3.9B
Market cap
12.66
P/E ratio
US$7.28
EPS
0.57
Beta
US$1.78
Dividend rate
2.03%
Dividend yield
US$3.9B
0.56629
US$99.49
US$68.96
232K
US$1.78
2.916
2.205
63.009
63.009
24.3%
66.45
10.29%
9.7%
22.17%
10.48%
12.663
2.839
2.572
2.652
46.193
2.4%
1.93%
2.03%
-4.72%
11.18%
14.87%
44.01%
-3.92%

What the Analysts think about Otter Tail

Analyst Ratings

Majority rating from 4 analysts.
Hold

Price Targets

Average projection from 1 analyst.
18.23% downside
High US$75.00
Low US$75.00
US$91.72
Current price
US$75.00
Average price target

Otter Tail Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
21.41% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
US$347M
10.4%
Net income
US$74M
28.77%
Profit margin
21.41%
16.68%

Otter Tail Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 21.79%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
US$1.95
US$2.19
US$1.37
US$1.77
-
Expected
US$1.45
US$1.62
US$1.25
US$1.45
US$1.69
Surprise
34.67%
34.98%
9.83%
21.79%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Otter Tail stock?

Otter Tail (OTTR) has a market cap of $3.9B as of May 20, 2024.

What is the P/E ratio for Otter Tail stock?

The price to earnings (P/E) ratio for Otter Tail (OTTR) stock is 12.66 as of May 20, 2024.

Does Otter Tail stock pay dividends?

Yes, the Otter Tail (OTTR) stock pays dividends to shareholders. As of May 20, 2024, the dividend rate is $1.78 and the yield is 2.03%. Otter Tail has a payout ratio of 24.3% on a trailing twelve-month basis.

When is the next Otter Tail dividend payment date?

The next Otter Tail (OTTR) dividend payment is scheduled for June 10, 2024.

What is the beta indicator for Otter Tail?

Otter Tail (OTTR) has a beta rating of 0.57. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the Otter Tail stock price target?

The target price for Otter Tail (OTTR) stock is $75, which is 18.42% below the current price of $91.93. This is an average based on projections from 1 analyst, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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