What is KeyCorp’s Forecast for Otter Tail FY2026 Earnings?

Otter Tail Corporation (NASDAQ:OTTR) – Stock analysts at KeyCorp upped their FY2026 earnings per share (EPS) estimates for Otter Tail in a research note issued to investors on Monday, October 12th. KeyCorp analyst S. Karp now anticipates that the utilities provider will post earnings per share of $5.96 for the year, up from their previous estimate of $5.54. The consensus estimate for Otter Tail’s current full-year earnings is $5.88 per share. KeyCorp also issued estimates for Otter Tail’s FY2027 earnings at $4.38 EPS.

Separately, Weiss Ratings raised Otter Tail from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday. Four research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Otter Tail presently has an average rating of “Reduce” and a consensus target price of $86.00.

Otter Tail Stock Up 0.8%

OTTR stock opened at $89.04 on Wednesday. Otter Tail has a fifty-two week low of $74.15 and a fifty-two week high of $95.09. The company’s 50 day moving average price is $90.06 and its 200 day moving average price is $89.29. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.36 and a current ratio of 1.71. The firm has a market capitalization of $3.74 billion, a price-to-earnings ratio of 13.63 and a beta of 0.46.

Otter Tail (NASDAQ:OTTR) last released its earnings results on Tuesday, August 4th. The utilities provider reported $1.66 EPS for the quarter, topping the consensus estimate of $1.51 by $0.15. The firm had revenue of $334.38 million during the quarter, compared to analysts’ expectations of $326.13 million. Otter Tail had a return on equity of 14.56% and a net margin of 14.83%. Otter Tail’s revenue for the quarter was up .4% on a year-over-year basis. During the same period in the previous year, the firm posted $1.85 EPS.

Otter Tail Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Friday, August 14th were given a dividend of $0.5775 per share. The ex-dividend date was Friday, August 14th. This represents a $2.31 dividend on an annualized basis and a dividend yield of 2.6%. Otter Tail’s dividend payout ratio (DPR) is 49.78%.

Hedge Funds Weigh In On Otter Tail

A number of institutional investors have recently modified their holdings of OTTR. GAMMA Investing LLC raised its position in Otter Tail by 27.5% in the 3rd quarter. GAMMA Investing LLC now owns 1,065 shares of the utilities provider’s stock valued at $94,000 after purchasing an additional 230 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in Otter Tail by 166.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,590 shares of the utilities provider’s stock worth $228,000 after purchasing an additional 1,618 shares during the period. Congress Asset Management Co. acquired a new stake in Otter Tail during the 3rd quarter worth $14,587,000. Security National Bank of Sioux City Iowa IA purchased a new position in Otter Tail during the 2nd quarter worth $27,000. Finally, Tidal Investments LLC purchased a new position in Otter Tail during the 2nd quarter worth $331,000. 61.32% of the stock is owned by institutional investors and hedge funds.

Otter Tail Company Profile

Otter Tail Corporation is a diversified operating company headquartered in Fergus Falls, Minnesota. Through its principal subsidiary, Otter Tail Power Company, it generates, transmits and distributes electricity to residential, commercial, industrial and municipal customers in Minnesota, North Dakota and South Dakota.

Otter Tail Power Company operates a mix of generation resources and maintains the transmission and distribution infrastructure needed to deliver electricity across its service territory.