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

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

Analysts Set New Price Targets

Several research firms have recently issued reports on OTTR. StockNews.com upgraded shares of Otter Tail from a “sell” rating to a “hold” rating in a report on Thursday, November 14th. Siebert Williams Shank upgraded shares of Otter Tail from a “strong sell” rating to a “hold” rating in a report on Wednesday, November 6th.

Otter Tail Stock Performance

NASDAQ:OTTR opened at $76.99 on Tuesday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.66 and a current ratio of 2.17. The firm’s 50-day moving average is $76.58 and its 200-day moving average is $79.61. Otter Tail has a 52-week low of $71.66 and a 52-week high of $100.84. The company has a market cap of $3.22 billion, a price-to-earnings ratio of 10.63 and a beta of 0.57.

Otter Tail Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 10th. Stockholders of record on Friday, February 14th will be given a dividend of $0.525 per share. This is a positive change from Otter Tail’s previous quarterly dividend of $0.47. This represents a $2.10 annualized dividend and a dividend yield of 2.73%. The ex-dividend date is Friday, February 14th. Otter Tail’s payout ratio is 25.83%.

About Otter Tail

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.