Otter Tail (NASDAQ:OTTR) Issues FY 2025 Earnings Guidance

Otter Tail (NASDAQ:OTTR) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 5.680-6.080 for the period, compared to the consensus estimate of 5.620. The company issued revenue guidance of -.

Otter Tail Trading Up 6.1 %

NASDAQ OTTR opened at $81.67 on Wednesday. The business’s 50-day moving average price is $76.58 and its two-hundred day moving average price is $79.61. Otter Tail has a 12 month low of $71.66 and a 12 month high of $100.84. The firm has a market capitalization of $3.42 billion, a PE ratio of 11.28 and a beta of 0.57. The company has a current ratio of 2.17, a quick ratio of 1.66 and a debt-to-equity ratio of 0.58.

Otter Tail Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Shareholders of record on Friday, February 14th will be given a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 2.57%. The ex-dividend date is Friday, February 14th. This is a positive change from Otter Tail’s previous quarterly dividend of $0.47. Otter Tail’s payout ratio is 29.01%.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on OTTR shares. Siebert Williams Shank raised Otter Tail from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 6th. StockNews.com raised Otter Tail from a “sell” rating to a “hold” rating in a research note on Thursday, November 14th.

Otter Tail Company Profile

Otter Tail Corporation, together with its subsidiaries, engages in electric utility, manufacturing, and plastic pipe businesses in the United States. It operates through three segments: Electric, Manufacturing, and Plastics. The Electric segment produces, transmits, distributes, and sells electric energy in Minnesota, North Dakota, and South Dakota; and operates as a participant in the Midcontinent Independent System Operator markets.