Otter Tail (NASDAQ:OTTR) Shares Break Below 200-Day Moving Average Following Weak Earnings

Shares of Otter Tail Corporation (NASDAQ:OTTR) crossed below its 200-day moving average during trading on Tuesday following a dissappointing earnings announcement. The stock has a 200-day moving average of $88.80 and traded as low as $83.00. Otter Tail shares last traded at $83.41, with a volume of 565,176 shares traded.

The utilities provider reported $1.41 earnings per share for the quarter, missing the consensus estimate of $1.55 by ($0.14). The business had revenue of $320.51 million for the quarter, compared to analysts’ expectations of $327.87 million. Otter Tail had a net margin of 13.45% and a return on equity of 13.47%. The company’s revenue was down 1.6% compared to the same quarter last year. During the same period last year, the firm earned $1.86 EPS. Otter Tail has set its FY 2026 guidance at 5.730-6.030 EPS.

Otter Tail Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Friday, November 13th will be issued a $0.5775 dividend. The ex-dividend date is Friday, November 13th. This represents a $2.31 dividend on an annualized basis and a yield of 2.8%. Otter Tail’s dividend payout ratio is currently 49.78%.

Key Stories Impacting Otter Tail

Here are the key news stories impacting Otter Tail this week:

• Positive Sentiment: Otter Tail declared a quarterly dividend of $0.5775 per share, equivalent to $2.31 annually and a yield of about 2.5%. Shareholders of record on November 13 are scheduled to receive it on December 10. Dividend announcement
• Neutral Sentiment: The company affirmed the midpoint of its 2026 EPS guidance while narrowing the range to $5.73–$6.03. However, the range remains below the roughly $6.05 analyst consensus, limiting the reassurance from maintaining the midpoint. Earnings release and guidance
• Negative Sentiment: Third-quarter diluted EPS was $1.41, below analyst estimates of about $1.55–$1.57 and down from $1.86 a year earlier. Revenue of $320.5 million also missed expectations of about $327.9 million and declined 1.6% year over year. The earnings miss is the main apparent pressure on the shares. Q3 results and analyst estimates

Analyst Ratings Changes

Separately, Weiss Ratings raised Otter Tail from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, October 13th. Four analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Otter Tail currently has a consensus rating of “Reduce” and a consensus price target of $86.00.

Institutional Trading of Otter Tail

Several hedge funds and other institutional investors have recently bought and sold shares of OTTR. BlackRock Inc. acquired a new position in Otter Tail during the second quarter valued at approximately $590,053,000. Caisse de depot et placement du Quebec bought a new stake in Otter Tail during the second quarter worth $48,578,000. Bank of New York Mellon Corp bought a new stake in Otter Tail during the second quarter worth $32,238,000. Bank of America Corp DE acquired a new stake in shares of Otter Tail in the 2nd quarter valued at $28,127,000. Finally, Congress Asset Management Co. acquired a new stake in shares of Otter Tail in the 3rd quarter valued at $14,587,000. 61.32% of the stock is currently owned by institutional investors and hedge funds.

Otter Tail Stock Performance

The company has a 50 day moving average price of $89.25 and a 200-day moving average price of $88.80. The company has a current ratio of 1.71, a quick ratio of 1.36 and a debt-to-equity ratio of 0.60. The company has a market cap of $3.50 billion, a P/E ratio of 19.91 and a beta of 0.42.

Otter Tail Company Profile

Otter Tail Corporation is a diversified company headquartered in Fergus Falls, Minnesota. Through its electric utility subsidiary, Otter Tail Power Company, it generates, transmits and distributes electricity to residential, commercial, industrial and agricultural customers.

Otter Tail Power Company serves customers across portions of western Minnesota, eastern North Dakota and northeastern South Dakota. Its generation portfolio includes coal, natural gas, wind and other energy resources, supporting the company’s role as a regional provider of electric power and related utility services.

Beyond its utility operations, Otter Tail Corporation owns manufacturing businesses that produce fabricated metal components, plastic products and other specialized goods.