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

Otter Tail (NASDAQ:OTTR) issued an update on its FY 2026 earnings guidance on Monday. The company provided earnings per share guidance of 5.680-6.080 for the period, compared to the consensus estimate of 5.760. The company issued revenue guidance of -.

Otter Tail Stock Down 0.7%

OTTR stock traded down $0.67 during trading on Wednesday, reaching $92.15. 20,031 shares of the company traded hands, compared to its average volume of 262,844. The company has a market capitalization of $3.87 billion, a price-to-earnings ratio of 13.82 and a beta of 0.45. Otter Tail has a 12 month low of $74.15 and a 12 month high of $95.00. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.64 and a current ratio of 2.04. The business has a 50 day simple moving average of $89.43 and a 200 day simple moving average of $88.26.

Otter Tail (NASDAQ:OTTR) last posted its quarterly earnings data on Monday, August 3rd. The utilities provider reported $1.66 EPS for the quarter, topping the consensus estimate of $1.51 by $0.15. The business had revenue of $334.38 million during the quarter, compared to the consensus estimate of $326.13 million. Otter Tail had a net margin of 14.83% and a return on equity of 14.58%. The business’s revenue for the quarter was up .4% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.85 earnings per share. Otter Tail has set its FY 2026 guidance at 5.680-6.080 EPS. On average, equities research analysts anticipate that Otter Tail will post 5.54 earnings per share for the current fiscal year.

Otter Tail Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Friday, August 14th will be issued a dividend of $0.5775 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $2.31 dividend on an annualized basis and a dividend yield of 2.5%. Otter Tail’s dividend payout ratio is presently 34.63%.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. Zacks Research cut Otter Tail from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 27th. Siebert Williams Shank lowered Otter Tail from a “buy” rating to a “hold” rating and set a $86.00 price objective on the stock. in a report on Wednesday, May 6th. Weiss Ratings raised shares of Otter Tail from a “hold (c)” rating to a “buy (b-)” rating in a report on Monday, May 11th. UBS Group reiterated a “reduce” rating on shares of Otter Tail in a research report on Friday, May 29th. Finally, KeyCorp restated a “sector weight” rating on shares of Otter Tail in a research report on Monday, June 1st. One research analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $86.00.

Institutional Investors Weigh In On Otter Tail

Several large investors have recently bought and sold shares of the stock. Birchwood Financial Partners Inc. purchased a new position in Otter Tail in the fourth quarter worth approximately $40,000. Beacon Pointe Advisors LLC acquired a new position in shares of Otter Tail in the 4th quarter valued at $225,000. XTX Topco Ltd raised its stake in Otter Tail by 538.3% during the 4th quarter. XTX Topco Ltd now owns 32,434 shares of the utilities provider’s stock worth $2,621,000 after acquiring an additional 27,353 shares in the last quarter. Wellington Management Group LLP acquired a new stake in shares of Otter Tail in the 4th quarter valued at about $2,831,000. Finally, Millennium Management LLC grew its position in shares of Otter Tail by 12.5% during the fourth quarter. Millennium Management LLC now owns 146,518 shares of the utilities provider’s stock worth $11,840,000 after acquiring an additional 16,235 shares during the last quarter. Hedge funds and other 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.