Otter Tail Corporation (NASDAQ:OTTR – Free Report) – Equities research analysts at KeyCorp dropped their Q2 2026 earnings estimates for Otter Tail in a report issued on Wednesday, July 22nd. KeyCorp analyst S. Karp now anticipates that the utilities provider will post earnings of $1.48 per share for the quarter, down from their previous estimate of $1.56. KeyCorp has a “Sector Weight” rating on the stock. The consensus estimate for Otter Tail’s current full-year earnings is $5.48 per share. KeyCorp also issued estimates for Otter Tail’s Q3 2026 earnings at $1.43 EPS, Q4 2026 earnings at $0.91 EPS, FY2026 earnings at $5.54 EPS, FY2027 earnings at $4.72 EPS, FY2028 earnings at $4.45 EPS, FY2029 earnings at $4.85 EPS and FY2030 earnings at $5.36 EPS.
Otter Tail (NASDAQ:OTTR – Get Free Report) last issued its earnings results on Tuesday, May 5th. The utilities provider reported $1.73 EPS for the quarter, beating the consensus estimate of $1.42 by $0.31. Otter Tail had a return on equity of 15.21% and a net margin of 21.34%.The company had revenue of $347.03 million during the quarter, compared to the consensus estimate of $339.10 million. During the same period last year, the business posted $1.62 EPS. The firm’s revenue for the quarter was up 2.9% compared to the same quarter last year.
View Our Latest Research Report on Otter Tail
Otter Tail Stock Performance
NASDAQ OTTR opened at $92.21 on Friday. The company has a market cap of $3.87 billion, a P/E ratio of 13.82 and a beta of 0.45. The company has a fifty day simple moving average of $88.81 and a 200 day simple moving average of $87.84. Otter Tail has a 12-month low of $74.15 and a 12-month high of $95.00. The company has a current ratio of 2.04, a quick ratio of 1.64 and a debt-to-equity ratio of 0.56.
Otter Tail Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 15th were paid a $0.5775 dividend. The ex-dividend date was Friday, May 15th. This represents a $2.31 annualized dividend and a yield of 2.5%. Otter Tail’s dividend payout ratio (DPR) is currently 34.63%.
Hedge Funds Weigh In On Otter Tail
A number of large investors have recently modified their holdings of OTTR. LSV Asset Management grew its stake in Otter Tail by 217.6% in the 4th quarter. LSV Asset Management now owns 536,941 shares of the utilities provider’s stock worth $43,390,000 after buying an additional 367,869 shares in the last quarter. Adage Capital Partners GP L.L.C. grew its position in Otter Tail by 108.6% in the fourth quarter. Adage Capital Partners GP L.L.C. now owns 344,149 shares of the utilities provider’s stock worth $27,811,000 after acquiring an additional 179,149 shares in the last quarter. Two Sigma Investments LP grew its position in Otter Tail by 465.2% in the third quarter. Two Sigma Investments LP now owns 137,624 shares of the utilities provider’s stock worth $11,281,000 after acquiring an additional 113,276 shares in the last quarter. Jane Street Group LLC increased its stake in Otter Tail by 244.2% in the fourth quarter. Jane Street Group LLC now owns 139,137 shares of the utilities provider’s stock valued at $11,244,000 after acquiring an additional 98,719 shares during the last quarter. Finally, Bank of America Corp DE raised its position in Otter Tail by 31.6% during the second quarter. Bank of America Corp DE now owns 409,157 shares of the utilities provider’s stock valued at $31,542,000 after purchasing an additional 98,243 shares in the last quarter. 61.32% of the stock is currently owned by institutional investors.
Otter Tail Company Profile
Otter Tail Corporation, through its primary subsidiary Otter Tail Power Company, is a regulated electric utility engaged in the generation, transmission and distribution of electricity. The company operates a diversified portfolio of owned and contracted power generation facilities, including coal, natural gas, wind and hydroelectric units, supplemented by long-term power purchase agreements. In addition to utility operations, Otter Tail provides related engineering, construction and maintenance services to support grid reliability and efficiency.
The company’s service territory covers a predominantly rural footprint in the Upper Midwest, including communities in west-central Minnesota, eastern North Dakota, northwest Wisconsin and small portions of South Dakota.
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