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

Otter Tail (NASDAQ:OTTR) updated its FY 2026 earnings guidance on Monday. The company provided earnings per share guidance of 5.220-5.620 for the period, compared to the consensus earnings per share estimate of 5.640. The company issued revenue guidance of -.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “buy (b-)” rating on shares of Otter Tail in a research report on Thursday, January 22nd. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, Otter Tail presently has a consensus rating of “Moderate Buy” and an average target price of $83.00.

Otter Tail Stock Performance

Shares of Otter Tail stock traded up $1.17 on Monday, reaching $88.16. The stock had a trading volume of 306,297 shares, compared to its average volume of 213,773. The company has a debt-to-equity ratio of 0.57, a quick ratio of 2.82 and a current ratio of 3.57. The business’s 50-day moving average price is $85.27 and its two-hundred day moving average price is $82.76. The stock has a market cap of $3.69 billion, a P/E ratio of 13.30 and a beta of 0.55. Otter Tail has a fifty-two week low of $71.79 and a fifty-two week high of $90.11.

Otter Tail Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Friday, February 13th will be given a $0.5775 dividend. This is an increase from Otter Tail’s previous quarterly dividend of $0.53. This represents a $2.31 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Friday, February 13th. Otter Tail’s dividend payout ratio (DPR) is 34.84%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. Two Sigma Investments LP lifted its holdings in shares of Otter Tail by 465.2% during the third quarter. Two Sigma Investments LP now owns 137,624 shares of the utilities provider’s stock worth $11,281,000 after buying an additional 113,276 shares during the last quarter. Jane Street Group LLC increased its position in Otter Tail by 244.2% during the fourth quarter. Jane Street Group LLC now owns 139,137 shares of the utilities provider’s stock worth $11,244,000 after acquiring an additional 98,719 shares during the period. Bank of America Corp DE raised its stake in Otter Tail by 31.6% during the 2nd quarter. Bank of America Corp DE now owns 409,157 shares of the utilities provider’s stock valued at $31,542,000 after purchasing an additional 98,243 shares during the last quarter. Marshall Wace LLP boosted its holdings in Otter Tail by 158.5% in the 3rd quarter. Marshall Wace LLP now owns 152,566 shares of the utilities provider’s stock valued at $12,506,000 after purchasing an additional 93,549 shares during the period. Finally, Squarepoint Ops LLC grew its position in Otter Tail by 399.7% in the 4th quarter. Squarepoint Ops LLC now owns 83,926 shares of the utilities provider’s stock worth $6,782,000 after purchasing an additional 67,132 shares during the last quarter. 61.32% of the stock is owned by institutional investors.

Otter Tail Company Profile

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.