Otter Tail (NASDAQ:OTTR) Updates FY 2026 Earnings Guidance

Otter Tail (NASDAQ:OTTR) updated its FY 2026 earnings guidance on Monday. The company provided EPS guidance of 5.220-5.620 for the period, compared to the consensus EPS estimate of 5.640. The company issued revenue guidance of -.

Otter Tail Stock Performance

Shares of NASDAQ OTTR traded up $1.17 during midday trading on Monday, hitting $88.16. 306,297 shares of the company’s stock were exchanged, compared to its average volume of 213,773. Otter Tail has a twelve month low of $71.79 and a twelve month high of $90.11. The company has a debt-to-equity ratio of 0.57, a current ratio of 3.57 and a quick ratio of 2.82. The firm has a market cap of $3.69 billion, a P/E ratio of 13.30 and a beta of 0.55. The stock’s 50 day moving average price is $85.27 and its 200-day moving average price is $82.76.

Otter Tail Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Friday, February 13th will be paid a dividend of $0.5775 per share. The ex-dividend date of this dividend is Friday, February 13th. This represents a $2.31 annualized dividend and a dividend yield of 2.6%. This is a boost from Otter Tail’s previous quarterly dividend of $0.53. Otter Tail’s dividend payout ratio is 34.84%.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “buy (b-)” rating on shares of Otter Tail in a research note on Thursday, January 22nd. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $83.00.

Hedge Funds Weigh In On Otter Tail

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in OTTR. denkapparat Operations GmbH bought a new position in Otter Tail in the fourth quarter valued at approximately $209,000. Mercer Global Advisors Inc. ADV grew its stake in shares of Otter Tail by 15.8% in the third quarter. Mercer Global Advisors Inc. ADV now owns 3,424 shares of the utilities provider’s stock valued at $281,000 after buying an additional 466 shares in the last quarter. State of Wyoming bought a new position in shares of Otter Tail in the second quarter valued at $169,000. Tower Research Capital LLC TRC increased its holdings in Otter Tail by 604.6% during the second quarter. Tower Research Capital LLC TRC now owns 4,009 shares of the utilities provider’s stock worth $309,000 after buying an additional 3,440 shares during the last quarter. Finally, Tidal Investments LLC acquired a new stake in Otter Tail in the second quarter valued at $231,000. Institutional investors own 61.32% of the company’s stock.

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.