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

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

Otter Tail Trading Up 2.0%

NASDAQ:OTTR traded up $1.74 during mid-day trading on Monday, reaching $90.16. The company’s stock had a trading volume of 500,473 shares, compared to its average volume of 261,885. The company has a debt-to-equity ratio of 0.56, a current ratio of 2.04 and a quick ratio of 1.64. The stock has a market cap of $3.78 billion, a P/E ratio of 13.52 and a beta of 0.45. The company’s fifty day simple moving average is $89.29 and its two-hundred day simple moving average is $88.18. Otter Tail has a twelve month low of $74.15 and a twelve month high of $95.00.

Otter Tail (NASDAQ:OTTRGet Free Report) last issued its quarterly earnings results on Monday, August 3rd. The utilities provider reported $1.66 EPS for the quarter, topping the consensus estimate of $1.51 by $0.15. Otter Tail had a net margin of 21.34% and a return on equity of 15.21%. Otter Tail has set its FY 2026 guidance at 5.680-6.080 EPS. On average, equities analysts predict that Otter Tail will post 5.54 EPS for the current year.

Analyst Upgrades and Downgrades

OTTR has been the topic of a number of research analyst reports. KeyCorp reiterated a “sector weight” rating on shares of Otter Tail in a report on Monday, June 1st. Zacks Research lowered Otter Tail from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 27th. Weiss Ratings upgraded Otter Tail from a “hold (c)” rating to a “buy (b-)” rating in a report on Monday, May 11th. UBS Group restated a “reduce” rating on shares of Otter Tail in a report on Friday, May 29th. Finally, Siebert Williams Shank cut shares of Otter Tail from a “buy” rating to a “hold” rating and set a $86.00 price target on the stock. in a research report on Wednesday, May 6th. One research analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $86.00.

Read Our Latest Analysis on Otter Tail

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of OTTR. Tidal Investments LLC acquired a new stake in shares of Otter Tail in the second quarter valued at about $231,000. Beacon Pointe Advisors LLC purchased a new stake in shares of Otter Tail during the 4th quarter valued at about $225,000. denkapparat Operations GmbH purchased a new stake in shares of Otter Tail during the 4th quarter valued at about $209,000. Cibc World Markets Corp acquired a new position in Otter Tail during the 4th quarter worth approximately $206,000. Finally, State of Wyoming acquired a new position in Otter Tail during the 2nd quarter worth approximately $169,000. Institutional investors and hedge funds own 61.32% of the company’s stock.

About Otter Tail

(Get Free Report)

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.

See Also

Earnings History and Estimates for Otter Tail (NASDAQ:OTTR)

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