Otter Tail (NASDAQ:OTTR – Get Free Report) issued an update on its FY 2026 earnings guidance on Tuesday. The company provided EPS guidance of 5.730-6.030 for the period, compared to the consensus EPS estimate of 6.050.
Analyst Ratings Changes
Several research analysts recently weighed in on OTTR shares. Weiss Ratings downgraded shares of Otter Tail from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday. Siebert Williams Shank upgraded Otter Tail from a “hold” rating to a “buy” rating and set a $91.00 target price on the stock in a research report on Wednesday. One research analyst has rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $91.00.
Read Our Latest Report on OTTR
Otter Tail Stock Up 0.5%
Shares of Otter Tail stock opened at $83.82 on Thursday. The company has a current ratio of 1.37, a quick ratio of 1.36 and a debt-to-equity ratio of 0.57. The business’s 50 day simple moving average is $89.10 and its 200-day simple moving average is $88.77. The stock has a market capitalization of $3.52 billion, a price-to-earnings ratio of 13.83 and a beta of 0.42. Otter Tail has a twelve month low of $80.00 and a twelve month high of $95.09.
Otter Tail (NASDAQ:OTTR – Get Free Report) last posted its earnings results on Monday, November 2nd. The utilities provider reported $1.41 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.55 by ($0.14). The company had revenue of $320.51 million during the quarter, compared to the consensus estimate of $327.87 million. Otter Tail had a net margin of 13.45% and a return on equity of 13.41%. During the same quarter in the previous year, the business posted $1.86 earnings per share. The business’s quarterly revenue was down 1.6% compared to the same quarter last year. Equities research analysts forecast that Otter Tail will post 5.96 earnings per share for the current year.
Otter Tail Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Friday, November 13th will be issued a dividend of $0.5775 per share. The ex-dividend date of this dividend is Friday, November 13th. This represents a $2.31 annualized dividend and a yield of 2.8%. Otter Tail’s payout ratio is presently 49.78%.
Key Otter Tail News
Here are the key news stories impacting Otter Tail this week:
- Positive Sentiment: Siebert Williams Shank upgraded Otter Tail from “hold” to “buy” and set a $91 price target, implying about 8.6% upside from $83.82. Siebert Williams Shank ratings
- Positive Sentiment: The company declared a quarterly dividend of $0.5775 per share, equivalent to $2.31 annually and a stated yield of 2.8%—a supportive factor for income-focused investors.
- Negative Sentiment: Q3 EPS of $1.41 fell short of analyst estimates of roughly $1.54–$1.57 and declined from $1.86 a year earlier. Revenue was $320.5 million, below the $327.9 million estimate and down 1.6% year over year; coverage pointed to plastics as a drag. Otter Tail Q3 earnings results
- Negative Sentiment: Otter Tail’s 2026 EPS guidance of $5.73–$6.03 came in slightly below the approximately $6.05 consensus estimate, tempering the outlook. 2026 earnings guidance
About Otter Tail
Otter Tail Corporation is a diversified company headquartered in Fergus Falls, Minnesota. Through its electric utility subsidiary, Otter Tail Power Company, it generates, transmits and distributes electricity to residential, commercial, industrial and agricultural customers.
Otter Tail Power Company serves customers across portions of western Minnesota, eastern North Dakota and northeastern South Dakota. Its generation portfolio includes coal, natural gas, wind and other energy resources, supporting the company’s role as a regional provider of electric power and related utility services.
Beyond its utility operations, Otter Tail Corporation owns manufacturing businesses that produce fabricated metal components, plastic products and other specialized goods.
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