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

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

Wall Street Analysts Forecast Growth

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 given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $83.00.

Otter Tail Stock Performance

Otter Tail stock traded up $1.17 during mid-day trading on Monday, reaching $88.16. The company’s stock had a trading volume of 306,297 shares, compared to its average volume of 213,773. The company has a current ratio of 3.57, a quick ratio of 2.82 and a debt-to-equity ratio of 0.57. Otter Tail has a twelve month low of $71.79 and a twelve month high of $90.11. The business has a 50 day moving average price of $85.27 and a 200-day moving average price of $82.76. The firm has a market cap of $3.69 billion, a price-to-earnings ratio of 13.30 and a beta of 0.55.

Otter Tail Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Friday, February 13th will be paid a dividend of $0.5775 per share. This represents a $2.31 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Friday, February 13th. This is a positive change from Otter Tail’s previous quarterly dividend of $0.53. Otter Tail’s dividend payout ratio (DPR) is presently 34.84%.

Institutional Investors Weigh In On Otter Tail

Several institutional investors have recently bought and sold shares of the stock. Two Sigma Investments LP lifted its position in shares of Otter Tail by 465.2% during the 3rd quarter. Two Sigma Investments LP now owns 137,624 shares of the utilities provider’s stock valued at $11,281,000 after acquiring an additional 113,276 shares during the last quarter. Jane Street Group LLC lifted its holdings in shares of Otter Tail by 244.2% during the fourth quarter. Jane Street Group LLC now owns 139,137 shares of the utilities provider’s stock valued at $11,244,000 after purchasing an additional 98,719 shares during the last quarter. Bank of America Corp DE boosted its position in shares of Otter Tail by 31.6% in 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 period. Marshall Wace LLP increased its stake in Otter Tail by 158.5% in the 3rd quarter. Marshall Wace LLP now owns 152,566 shares of the utilities provider’s stock worth $12,506,000 after purchasing an additional 93,549 shares in the last quarter. Finally, Squarepoint Ops LLC raised its holdings in Otter Tail by 399.7% during the 4th quarter. Squarepoint Ops LLC now owns 83,926 shares of the utilities provider’s stock worth $6,782,000 after buying an additional 67,132 shares during the period. Institutional investors and hedge funds 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.