Here are some key insights as we drill into the specifics of these quality attributes.OTTR has a Quality Grade of D, ranking ahead of 20.03% of graded US stocks. The technique has proven to be very useful for finding positive surprises. As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security.
7 people have searched for OTTR on MarketBeat in the last 30 days. Otter Tail has received no research coverage in the past 90 days. Consumers have a never-ending need for the services provided by these companies, which helps explains why they’ve fared better than most in a historically-volatile 2022. Although circumstances earlier in the week beginning Dec. 11 implied a brighter-than-expected future for the economy, a harsh reality check now amplifies the narrative for the top utility stock picks … FERGUS FALLS, Minn.—-Otter Tail Corporation (“the Company”) has appointed Ms. Jeanne Crain of Minneapolis, Minnesota, and Ms. Mary Ludford of Chicago, Illinois, to the company’s Boa…
This segment markets its products to wholesalers and distributors through independent sales representatives, company salespersons, and customer service representatives. The company was formerly known as Otter Tail Power Company and changed its name to Otter Tail Corporation in 2001. Otter Tail Corporation was founded in 1907 and is headquartered in Fergus Falls, Minnesota.
High institutional ownership can be a signal of strong market trust in this company. It’s wise to invest in low-risk, high-return stocks like BCB Bancorp , Sonoco and Otter Tail in a historically unpleasant September. The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength.
This is a boost from the https://1investing.in/‘s previous quarterly dividend of $0.41. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 to -2 . This news sentiment score is similar to the average news sentiment of Utilities companies. The company’s average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price. Otter Tail Corporation, together with its subsidiaries, engages in electric utility, manufacturing, and plastic pipe businesses in the United States. This segment generates electricity through coal, wind and hydro, and natural gas. It serves approximately residential, commercial, and industrial customers. It also manufactures clamshell packing, blister packs, returnable pallets, and handling trays for shipping and storing odd-shaped or difficult-to-handle parts.
Oil flat this week as U.S. inventories rise but Russia set for supply cut
1 Wall Street equities research analysts have issued “buy,” “hold,” and “sell” ratings for Otter Tail in the last twelve months. The consensus among Wall Street equities research analysts is that investors should “hold” OTTR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in OTTR, but not buy additional shares or sell existing shares. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.27% per year.
We’d like to share more about how we work and what drives our day-to-day business. These high-quality dividend payers are the newest entrants to the index, and we take a closer look at three that are undervalued today. Upgrade to MarketBeat All Access to add more stocks to your watchlist. One share of OTTR stock can currently be purchased for approximately $72.14. 4 people have added Otter Tail to their MarketBeat watchlist in the last 30 days.
Black Hills Corp
With macroeconomic pressures weighing heavily on market sentiment, investors should play it safe with utility stocks to buy. Fundamentally, these energy and resource service providers rep… Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.
TFI International , Otter Tail , Ulta Beauty , Pure Storage and JAKKS Pacific are five stocks with explosive relative price strength. Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Over the past 243 months, OTTR’s price/sales ratio has gone up 1.1. If you’re looking for stocks that are quantitatively similar to OTTER TAIL CORP, a group of peers worth examining would be CPK, NFG, ALE, IRT, and DEI. Join thousands of traders who make more informed decisions with our premium features. Real-time quotes, advanced visualizations, backtesting, and much more.
Research Report for OTTR
Over the past 55 months, OTTR’s revenue has gone up $569,448,000.The table below shows OTTR’s growth in key financial areas . OTTR scores best on the Quality dimension, with a Quality rank ahead of 83.47% of US stocks. We have 9 different ratings for every stock to help you appreciate its future potential. Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes.
These returns cover a period from January 1, 1988 through April 3, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return.
We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters. NEW YORK — Stock dividends fell out of fashion in recent years as investors focused on shares that offered more capital appreciation. But with the market not in much of a giving mood, regular cash dividends …
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Of note is the ratio of OTTER TAIL CORP’s sales and general administrative expense to its total operating expenses; only 0.33% of US stocks have a lower such ratio. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. There are currently no analyst ratings available for Otter Tail. U.S. stocks traded lower, with the Nasdaq Composite dropping over 100 points on Friday. Provide specific products and services to you, such as portfolio management or data aggregation.
MarketBeat has tracked 5 news articles for Otter Tail this week, compared to 2 articles on an average week. Otter Tail pays a meaningful dividend of 2.47%, higher than the bottom 25% of all stocks that pay dividends. Short interest in Otter Tail has recently decreased by 1.94%, indicating that investor sentiment is improving.
Price Target and Rating
1 Wall Street analysts have issued 1-year price objectives for Otter Tail’s stock. On average, they expect the company’s share price to reach $69.00 in the next twelve months. View analysts price targets for OTTR or view top-rated stocks among Wall Street analysts. Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares.
- But with the market not in much of a giving mood, regular cash dividends …
- Otter Tail Corporation, together with its subsidiaries, engages in electric utility, manufacturing, and plastic pipe businesses in the United States.
- OTTR has a forward dividend yield of 2.44%.SeeOTTR’s full dividends and stock split historyon the Dividend tab.
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Otter Tail Corp is a U.S. energy company that primarily operates in the electric , manufacturing , and plastics segments . The company primarily conducts its operations and acquires the majority of its revenue in the U.S. in the states of Minnesota, South Dakota, and North Dakota. The majority of the company’s revenue is derived from the Electric segment and commercial customers, although it generates revenue from residential and industrial customers, as well. © 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions.
Otter Tail’s stock is owned by a variety of retail and institutional investors. Insiders that own company stock include John D Erickson and Timothy J O’keefe. Otter Tail declared a quarterly dividend on Friday, February 3rd. Shareholders of record on Tuesday, February 14th will be given a dividend of $0.438 per share on Friday, March 10th. This represents a $1.75 annualized dividend and a yield of 2.43%. The ex-dividend date of this dividend is Monday, February 13th.
In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies. Moody’s Daily Credit Risk Score is a 1-10 score of a company’s credit risk, based on an analysis of the firm’s balance sheet and inputs from the stock market. The score provides a forward-looking, one-year measure of credit risk, allowing investors to make better decisions and streamline their work ow. Updated daily, it takes into account day-to-day movements in market value compared to a company’s liability structure. Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends.