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

Otter Tail (NASDAQ:OTTR) updated its FY 2026 earnings guidance on Monday. The company provided earnings per share guidance of 5.220-5.620 for the period, compared to the consensus earnings per share estimate of 5.610. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. Zacks Research upgraded shares of Otter Tail from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 28th. Weiss Ratings downgraded Otter Tail from a “buy (b)” rating to a “hold (c+)” rating in a report on Wednesday, February 25th. Finally, Siebert Williams Shank downgraded shares of Otter Tail from a “buy” rating to a “hold” rating and set a $86.00 target price on the stock. in a research note on Wednesday. One investment analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $86.00.

Otter Tail Price Performance

NASDAQ OTTR traded down $2.13 on Wednesday, hitting $86.61. 52,304 shares of the company were exchanged, compared to its average volume of 262,459. The firm has a 50 day moving average of $87.57 and a two-hundred day moving average of $84.96. The company has a market cap of $3.63 billion, a P/E ratio of 12.96 and a beta of 0.47. The company has a current ratio of 2.28, a quick ratio of 1.83 and a debt-to-equity ratio of 0.52. Otter Tail has a 1-year low of $74.15 and a 1-year high of $92.24.

Otter Tail (NASDAQ:OTTR) last posted its quarterly earnings data on Monday, May 4th. The utilities provider reported $1.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.42 by $0.31. Otter Tail had a return on equity of 15.39% and a net margin of 21.34%.The firm had revenue of $347.03 million for the quarter, compared to the consensus estimate of $339.10 million. During the same quarter in the prior year, the business earned $1.62 EPS. The business’s revenue for the quarter was up 2.9% compared to the same quarter last year. Otter Tail has set its FY 2026 guidance at 5.220-5.620 EPS. On average, equities analysts predict that Otter Tail will post 5.48 EPS for the current year.

Otter Tail Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 15th will be issued a dividend of $0.5775 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a $2.31 annualized dividend and a yield of 2.7%. Otter Tail’s dividend payout ratio is currently 35.21%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Birchwood Financial Partners Inc. acquired a new position in Otter Tail during the 4th quarter valued at about $40,000. Beacon Pointe Advisors LLC acquired a new position in Otter Tail during the 4th quarter valued at about $225,000. XTX Topco Ltd lifted its position in Otter Tail by 538.3% during the 4th quarter. XTX Topco Ltd now owns 32,434 shares of the utilities provider’s stock valued at $2,621,000 after purchasing an additional 27,353 shares during the period. Wellington Management Group LLP acquired a new position in Otter Tail during the 4th quarter valued at about $2,831,000. Finally, Millennium Management LLC lifted its position in Otter Tail by 12.5% during the 4th quarter. Millennium Management LLC now owns 146,518 shares of the utilities provider’s stock valued at $11,840,000 after purchasing an additional 16,235 shares during the period. 61.32% of the stock is currently owned by institutional investors and hedge funds.

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.