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.
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.
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.
Otter Tail Corporation Will Host Conference Call on 2022 Financial Results
This is a boost from the stock’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.
Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive. Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues. Morningstar Quantitative ratings for equities are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings.
Otter Tail’s stock was trading at $58.71 at the beginning of the year. Since then, OTTR shares have increased by 22.9% and is now trading at $72.14. Based on earnings estimates, Otter Tail will have a dividend payout ratio of 51.93% next year. This indicates that Otter Tail will be able to sustain or increase its dividend. According to analysts’ consensus price target of $69.00, Otter Tail has a forecasted downside of 4.1% from its current price of $71.95.
Zacks Earnings ESP looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. SAN FRANCISCO — With stakes in energy, railroads, communications and hotels offsetting his massive technology-sector exposure, Bill Gates can teach investors a thing or two about portfolio diversification.
Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Otter Tail Corporation share price live 71.95, this page displays NASDAQ OTTR stock exchange data. View the OTTR premarket stock price ahead of the market session or assess the after hours quote. Monitor the latest movements within the Otter Tail Corporation real time stock price chart below.
Moody’s Daily Credit Risk Score
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.
- 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.
- 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.
- Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams.
- Monitor the latest movements within the Otter Tail Corporation real time stock price chart below.
- U.S. stocks traded lower, with the Nasdaq Composite dropping over 100 points on Friday.
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Reasons to Add Otter Tail (OTTR) to Your Portfolio Right Now
You can find more details by visiting the additional pages to view historical data, charts, latest news, analysis or visit the forum to view opinions on the OTTR quote. High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks.
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.
Data may be intentionally delayed pursuant to supplier requirements. The scores are based on the trading styles of Value, Growth, and Momentum. There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. CompareOTTR’s historical performanceagainst its industry peers and the overall market.
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 …
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.
Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data. A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
- The industry with the best average Zacks Rank would be considered the top industry , which would place it in the top 1% of Zacks Ranked Industries.
- OTTR scores best on the Quality dimension, with a Quality rank ahead of 83.47% of US stocks.
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- 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.
- Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations.
- Otter Tail’s stock is owned by a variety of retail and institutional investors.
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…
OTTR has a forward dividend yield of 2.44%.SeeOTTR’s full dividends and stock split historyon the Dividend tab. 9 employees have rated Otter Tail Chief Executive Officer Nathan I. Partain on Glassdoor.com. Nathan I. Partain has an approval rating of 78% among the company’s employees. If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan’s own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.
There may be delays, omissions, or inaccuracies in the Information. The industry with the best average Zacks Rank would be considered the top industry , which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s. The Zacks Industry Rank assigns a rating to each of the 265 X Industries based on their average Zacks Rank. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index quotes are real-time.
It is imperative to build a options delta investing classes of low-beta stocks to sail through a choppy market. Otter Tail , Ardmore Shipping , Lancaster and BJ’s Wholesale are well-poised to gain. Otter Tail’s third-quarter earnings are likely to have benefited from strong demand from customers and a recovery in demand for PVC pipes.
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.
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.
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.