Otter Tail (NASDAQ:OTTR – Get Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 5.680-6.080 for the period, compared to the consensus estimate of 5.620. The company issued revenue guidance of -.
Analyst Upgrades and Downgrades
Several equities research analysts have weighed in on OTTR shares. StockNews.com upgraded Otter Tail from a “sell” rating to a “hold” rating in a research note on Thursday, November 14th. Siebert Williams Shank raised shares of Otter Tail from a “strong sell” rating to a “hold” rating in a report on Wednesday, November 6th.
Get Our Latest Stock Report on OTTR
Otter Tail Stock Up 6.1 %
Otter Tail Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Friday, February 14th will be given a dividend of $0.525 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $2.10 dividend on an annualized basis and a yield of 2.57%. This is a positive change from Otter Tail’s previous quarterly dividend of $0.47. Otter Tail’s payout ratio is currently 29.01%.
Otter Tail Company Profile
Otter Tail Corporation, together with its subsidiaries, engages in electric utility, manufacturing, and plastic pipe businesses in the United States. It operates through three segments: Electric, Manufacturing, and Plastics. The Electric segment produces, transmits, distributes, and sells electric energy in Minnesota, North Dakota, and South Dakota; and operates as a participant in the Midcontinent Independent System Operator markets.
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