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

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

Wall Street Analyst Weigh In

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

Otter Tail Stock Up 2.0%

Shares of Otter Tail stock opened at $90.16 on Tuesday. Otter Tail has a 12-month low of $74.15 and a 12-month high of $95.00. The firm has a market capitalization of $3.79 billion, a PE ratio of 13.52 and a beta of 0.45. The company has a quick ratio of 1.64, a current ratio of 2.04 and a debt-to-equity ratio of 0.56. The stock’s fifty day moving average is $89.34 and its 200-day moving average is $88.21.

Otter Tail (NASDAQ:OTTR) last issued its quarterly earnings results on Monday, August 3rd. The utilities provider reported $1.66 earnings per share for the quarter, topping analysts’ consensus estimates of $1.51 by $0.15. The firm had revenue of $334.38 million for the quarter, compared to analysts’ expectations of $326.13 million. Otter Tail had a return on equity of 15.21% and a net margin of 21.34%.Otter Tail’s revenue was up .4% on a year-over-year basis. During the same quarter last year, the business posted $1.85 EPS. Otter Tail has set its FY 2026 guidance at 5.680-6.080 EPS. Equities analysts anticipate that Otter Tail will post 5.54 earnings per share for the current year.

Otter Tail Announces Dividend

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 $0.5775 dividend. This represents a $2.31 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Friday, August 14th. Otter Tail’s dividend payout ratio (DPR) is presently 34.63%.

Institutional Trading of Otter Tail

A number of hedge funds have recently modified their holdings of the business. Cibc World Markets Corp acquired a new position in Otter Tail in the fourth quarter worth approximately $206,000. denkapparat Operations GmbH acquired a new stake in Otter Tail in the fourth quarter valued at approximately $209,000. State of Wyoming grew its position in Otter Tail by 104.1% in the fourth quarter. State of Wyoming now owns 1,674 shares of the utilities provider’s stock worth $135,000 after acquiring an additional 854 shares in the last quarter. Tidal Investments LLC bought a new stake in Otter Tail in the second quarter worth approximately $231,000. Finally, Strs Ohio acquired a new position in shares of Otter Tail during the 1st quarter worth $169,000. 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.