OTTR stock icon

Otter Tail

79.00 USD
-0.98
1.23%
Updated Dec 5, 2:03 PM EST
1 day
-1.23%
5 days
-2.54%
1 month
-3.13%
3 months
1.05%
6 months
-12.36%
Year to date
-7.80%
1 year
3.65%
5 years
59.92%
10 years
170.73%
 

About: Otter Tail Corp is a U.S. energy company that operates in the electric (produces and sells electricity), manufacturing (fabricates metal components), and plastics segments (pipes for water uses). The company conducts its operations and acquires the majority of its revenue in the U.S. in the states of Minnesota, South Dakota, and North Dakota. The majority of the company's revenue is derived from the Electric segment and commercial customers, although it generates revenue from residential and industrial customers, as well.

Employees: 2,655

0
Funds holding %
of 6,790 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

51% more call options, than puts

Call options by funds: $1.55M | Put options by funds: $1.02M

30% more first-time investments, than exits

New positions opened: 48 | Existing positions closed: 37

19% more repeat investments, than reductions

Existing positions increased: 114 | Existing positions reduced: 96

4% more funds holding

Funds holding: 311 [Q2] → 322 (+11) [Q3]

2.65% more ownership

Funds ownership: 60.17% [Q2] → 62.82% (+2.65%) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

7% less capital invested

Capital invested by funds: $2.19B [Q2] → $2.04B (-$154M) [Q3]

Research analyst outlook

We haven’t received any recent analyst ratings for OTTR.

Financial journalist opinion

Based on 3 articles about OTTR published over the past 30 days

Positive
Zacks Investment Research
2 days ago
Should Value Investors Buy Otter Tail (OTTR) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Should Value Investors Buy Otter Tail (OTTR) Stock?
Neutral
Seeking Alpha
4 weeks ago
Otter Tail Corporation (OTTR) Q3 2024 Earnings Call Transcript
Otter Tail Corporation (NASDAQ:OTTR ) Q3 2024 Earnings Conference Call November 5, 2024 11:00 AM ET Company Participants Beth Eiken – Manager-Investor Relations Chuck MacFarlane – President and Chief Executive Officer Todd Wahlund – Vice President and Chief Financial Officer Conference Call Participants Ida Wozniak - Siebert Williams Shank & Co Tate Sullivan - Maxim Group Operator Good morning, and welcome to the Otter Tail Corporation's Third Quarter 2024 Earnings Conference Call. [Operator Instructions].
Otter Tail Corporation (OTTR) Q3 2024 Earnings Call Transcript
Positive
Zacks Investment Research
1 month ago
Otter Tail (OTTR) Q3 Earnings Top Estimates
Otter Tail (OTTR) came out with quarterly earnings of $2.03 per share, beating the Zacks Consensus Estimate of $1.97 per share. This compares to earnings of $2.19 per share a year ago.
Otter Tail (OTTR) Q3 Earnings Top Estimates
Neutral
Business Wire
1 month ago
Otter Tail Corporation Announces Third Quarter Earnings, Increases Consolidated 2024 Annual Earnings Guidance
FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) today announced financial results for the quarter ended September 30, 2024. SUMMARY Midpoint of 2024 earnings guidance increased $0.15 to $7.07 per share. Diluted earnings per share decreased 7% to $2.03 per share compared to the third quarter of 2023. Return on equity of 20% over the trailing twelve months. CEO OVERVIEW “Our team members continue to perform well as they navigate changing market conditions,” said Presid.
Otter Tail Corporation Announces Third Quarter Earnings, Increases Consolidated 2024 Annual Earnings Guidance
Negative
Zacks Investment Research
1 month ago
Earnings Preview: Otter Tail (OTTR) Q3 Earnings Expected to Decline
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.
Earnings Preview: Otter Tail (OTTR) Q3 Earnings Expected to Decline
Neutral
Business Wire
1 month ago
Otter Tail Corporation Will Host Conference Call on Third Quarter 2024 Financial Results
FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) will issue a news release announcing third quarter 2024 financial results after the stock market closes on Monday, November 4, 2024 and will host a live conference call and webcast on Tuesday, November 5, 2024 at 10:00 a.m. CT to discuss the corporation's financial and operating performance. Accompanying slides will be posted on the corporation's website before the webcast begins. To access the live webcast, go to www.o.
Otter Tail Corporation Will Host Conference Call on Third Quarter 2024 Financial Results
Neutral
Seeking Alpha
3 months ago
Otter Tail Corporation (OTTR) Q2 2024 Earnings Call Transcript
Otter Tail Corporation (NASDAQ:OTTR ) Q2 2024 Earnings Conference Call August 6, 2024 11:00 AM ET Company Participants Beth Eiken – Manager-Investor Relations Chuck MacFarlane – President and Chief Executive Officer Todd Wahlund – Vice President and Chief Financial Officer Conference Call Participants Operator Good morning, and welcome to the Otter Tail Corporation's Second Quarter 2024 Earnings Conference Call. Today's call is being recorded.
Otter Tail Corporation (OTTR) Q2 2024 Earnings Call Transcript
Neutral
Business Wire
4 months ago
Otter Tail Corporation Announces Record Second Quarter Earnings, Maintains Electric Segment Guidance and Increases Consolidated 2024 Annual Earnings Guidance
FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) today announced financial results for the quarter ended June 30, 2024. SUMMARY Diluted earnings per share increased 6% to $2.07 per share compared to the second quarter of 2023. Midpoint of 2024 earnings guidance increased 8% to $6.92 per share, or a return on equity of 18.7%. Received approval from the Minnesota Public Utilities Commission on Integrated Resource Plan. CEO OVERVIEW “We are pleased with our second quarte.
Otter Tail Corporation Announces Record Second Quarter Earnings, Maintains Electric Segment Guidance and Increases Consolidated 2024 Annual Earnings Guidance
Positive
Seeking Alpha
4 months ago
Otter Tail Corporation: Currently Benefiting From Unsustainable Trends
Otter Tail Corporation is a unique electric utility operating in rural areas of Minnesota, North Dakota, and South Dakota. The company's non-utility manufacturing operations are currently providing it with abnormally high profitability. This will probably fall off at some point. Otter Tail Corporation's financials show a strong balance sheet with low debt, reasonable valuation, and stable interest expenses compared to peers.
Otter Tail Corporation: Currently Benefiting From Unsustainable Trends
Neutral
Business Wire
4 months ago
Otter Tail Corporation Will Host Conference Call on Second Quarter 2024 Financial Results
FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) will issue a news release announcing second quarter 2024 financial results after the stock market closes on Monday, August 5, 2024 and will host a live conference call and webcast on Tuesday, August 6, 2024 at 10:00 a.m. CT to discuss the corporation's financial and operating performance. Accompanying slides will be posted on the corporation's website before the webcast begins. To access the live webcast, go to www.otte.
Otter Tail Corporation Will Host Conference Call on Second Quarter 2024 Financial Results
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