Otter Tail (OTTR) Set to Announce Quarterly Earnings on Monday

Share on StockTwits

Otter Tail (NASDAQ:OTTR) will announce its earnings results after the market closes on Monday, May 6th.

Otter Tail (NASDAQ:OTTR) last announced its quarterly earnings results on Monday, February 18th. The utilities provider reported $0.35 EPS for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.04). The firm had revenue of $221.17 million during the quarter. Otter Tail had a net margin of 8.99% and a return on equity of 11.45%. On average, analysts expect Otter Tail to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Shares of OTTR stock opened at $52.36 on Friday. The firm has a market capitalization of $2.02 billion, a price-to-earnings ratio of 25.42, a PEG ratio of 3.33 and a beta of 0.34. The company has a quick ratio of 0.79, a current ratio of 1.42 and a debt-to-equity ratio of 0.81. Otter Tail has a one year low of $42.55 and a one year high of $52.37.

A number of analysts have commented on OTTR shares. Maxim Group started coverage on shares of Otter Tail in a research note on Thursday, April 11th. They issued a “buy” rating and a $60.00 price target for the company. BidaskClub upgraded shares of Otter Tail from a “hold” rating to a “buy” rating in a research note on Tuesday, March 12th. Finally, Zacks Investment Research cut shares of Otter Tail from a “buy” rating to a “hold” rating in a research note on Tuesday, January 15th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Otter Tail presently has an average rating of “Buy” and a consensus target price of $52.67.

In other news, VP Paul L. Knutson sold 3,000 shares of the firm’s stock in a transaction dated Friday, February 22nd. The shares were sold at an average price of $49.77, for a total transaction of $149,310.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.70% of the company’s stock.

COPYRIGHT VIOLATION WARNING: “Otter Tail (OTTR) Set to Announce Quarterly Earnings on Monday” was originally published by Week Herald and is the sole property of of Week Herald. If you are accessing this news story on another domain, it was illegally stolen and reposted in violation of U.S. and international trademark and copyright law. The original version of this news story can be read at

Otter Tail Company Profile

Otter Tail Corporation, together with its subsidiaries, engages in electric, manufacturing, and plastics businesses in the United States. The company's 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, Inc markets.

Further Reading: What is Blockchain?

Earnings History for Otter Tail (NASDAQ:OTTR)

Receive News & Ratings for Otter Tail Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Otter Tail and related companies with's FREE daily email newsletter.