Otter Tail (OTTR) Projected to Post Earnings on Monday

Otter Tail (NASDAQ:OTTR) is expected to release its Q2 2025 earnings data after the market closes on Monday, August 4th. Analysts expect Otter Tail to post earnings of $1.74 per share and revenue of $329.60 million for the quarter. Otter Tail has set its FY 2025 guidance at 5.680-6.080 EPS.

Otter Tail (NASDAQ:OTTR) last released its quarterly earnings data on Monday, May 5th. The utilities provider reported $1.62 earnings per share for the quarter, beating analysts’ consensus estimates of $1.53 by $0.09. Otter Tail had a net margin of 22.37% and a return on equity of 17.95%. The company had revenue of $337.35 million during the quarter, compared to analysts’ expectations of $349.70 million. During the same quarter in the previous year, the company earned $1.77 earnings per share. The firm’s revenue for the quarter was down 2.8% on a year-over-year basis. On average, analysts expect Otter Tail to post $6 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Otter Tail Stock Down 2.4%

OTTR opened at $75.29 on Friday. The company has a fifty day moving average of $77.79 and a two-hundred day moving average of $78.72. Otter Tail has a fifty-two week low of $71.66 and a fifty-two week high of $96.79. The stock has a market capitalization of $3.15 billion, a price-to-earnings ratio of 10.73 and a beta of 0.54. The company has a debt-to-equity ratio of 0.58, a quick ratio of 2.03 and a current ratio of 2.62.

Otter Tail Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 10th. Stockholders of record on Thursday, May 15th were given a $0.525 dividend. The ex-dividend date was Thursday, May 15th. This represents a $2.10 annualized dividend and a dividend yield of 2.8%. Otter Tail’s dividend payout ratio (DPR) is 29.91%.

Analyst Ratings Changes

Separately, Siebert Williams Shank upgraded shares of Otter Tail from a “hold” rating to a “buy” rating and lifted their target price for the company from $82.00 to $83.00 in a research report on Wednesday, May 7th.

Institutional Trading of Otter Tail

Institutional investors have recently modified their holdings of the stock. Strs Ohio acquired a new stake in shares of Otter Tail in the first quarter valued at about $169,000. United Services Automobile Association acquired a new stake in shares of Otter Tail in the first quarter valued at about $223,000. Focus Partners Wealth acquired a new position in Otter Tail during the first quarter worth about $646,000. Intech Investment Management LLC boosted its position in Otter Tail by 12.3% during the first quarter. Intech Investment Management LLC now owns 18,905 shares of the utilities provider’s stock worth $1,519,000 after acquiring an additional 2,077 shares during the last quarter. Finally, AQR Capital Management LLC boosted its position in Otter Tail by 26.9% during the first quarter. AQR Capital Management LLC now owns 22,709 shares of the utilities provider’s stock worth $1,825,000 after acquiring an additional 4,815 shares during the last quarter. Institutional investors and hedge funds own 61.32% of the company’s stock.

About Otter Tail

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.