Otter Tail (NASDAQ:OTTR – Get Free Report) updated its FY 2026 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of 5.220-5.620 for the period, compared to the consensus estimate of 5.610. The company issued revenue guidance of -.
Wall Street Analyst Weigh In
Several research analysts have recently weighed in on the stock. Zacks Research upgraded shares of Otter Tail from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 28th. Weiss Ratings cut shares of Otter Tail from a “buy (b)” rating to a “hold (c+)” rating in a research note on Wednesday, February 25th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $83.00.
Get Our Latest Analysis on OTTR
Otter Tail Stock Performance
Otter Tail (NASDAQ:OTTR – Get Free Report) last released its earnings results on Monday, May 4th. The utilities provider reported $1.73 earnings per share for the quarter, beating analysts’ consensus estimates of $1.42 by $0.31. Otter Tail had a net margin of 21.16% and a return on equity of 15.36%. Otter Tail has set its FY 2026 guidance at 5.220-5.620 EPS. As a group, sell-side analysts predict that Otter Tail will post 5.48 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of the company. Tower Research Capital LLC TRC lifted its holdings in Otter Tail by 604.6% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,009 shares of the utilities provider’s stock worth $309,000 after purchasing an additional 3,440 shares in the last quarter. Mercer Global Advisors Inc. ADV lifted its holdings in Otter Tail by 15.8% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 3,424 shares of the utilities provider’s stock worth $281,000 after purchasing an additional 466 shares in the last quarter. Tidal Investments LLC purchased a new position in Otter Tail in the 2nd quarter worth approximately $231,000. Beacon Pointe Advisors LLC purchased a new position in Otter Tail in the 4th quarter worth approximately $225,000. Finally, denkapparat Operations GmbH purchased a new position in Otter Tail in the 4th quarter worth approximately $209,000. Hedge funds and other institutional investors own 61.32% of the company’s stock.
About Otter Tail
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.
Further Reading
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