Otter Tail (NASDAQ:OTTR) Announces Earnings Results

Otter Tail (NASDAQ:OTTR) issued its quarterly earnings results on Monday. The utilities provider reported $1.41 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.55 by ($0.14), Zacks reports. The business had revenue of $320.51 million during the quarter, compared to analysts’ expectations of $327.87 million. Otter Tail had a return on equity of 13.47% and a net margin of 13.45%. The company’s quarterly revenue was down 1.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.86 EPS.

Otter Tail Trading Down 8.9%

Shares of Otter Tail stock opened at $83.41 on Wednesday. The firm has a market cap of $3.50 billion, a price-to-earnings ratio of 19.91 and a beta of 0.42. The business has a 50-day moving average price of $89.25 and a 200-day moving average price of $88.80. The company has a quick ratio of 1.36, a current ratio of 1.71 and a debt-to-equity ratio of 0.60. Otter Tail has a twelve month low of $74.15 and a twelve month high of $95.09.

Otter Tail Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Friday, November 13th will be issued a dividend of $0.5775 per share. This represents a $2.31 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend is Friday, November 13th. Otter Tail’s dividend payout ratio is 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%. Dividend announcement
• Neutral Sentiment: The company affirmed the midpoint of its 2026 earnings guidance and narrowed the range to $5.73–$6.03 per share. However, that range is below the cited analyst consensus of $6.05. Earnings release and guidance
• Negative Sentiment: Third-quarter diluted EPS was $1.41, below estimates of roughly $1.54–$1.57 and down from $1.86 a year earlier. Revenue of $320.5 million also missed expectations of $327.9 million and declined 1.6% year over year, adding pressure to the outlook for earnings growth. Q3 earnings and revenue results

Analyst Ratings Changes

Separately, Weiss Ratings lowered Otter Tail from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday. Four analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and an average target price of $86.00.

About Otter Tail

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.