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

Otter Tail (NASDAQ:OTTR - Get Free Report) 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 Stock Down 0.0 %

Shares of OTTR stock traded down $0.02 during trading on Friday, hitting $81.43. 204,652 shares of the company were exchanged, compared to its average volume of 240,063. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.66 and a current ratio of 2.03. The firm has a market capitalization of $3.41 billion, a price-to-earnings ratio of 11.36 and a beta of 0.57. The business's 50-day simple moving average is $76.80 and its 200 day simple moving average is $79.55. Otter Tail has a twelve month low of $71.66 and a twelve month high of $100.84.

Otter Tail (NASDAQ:OTTR - Get Free Report) last posted its quarterly earnings results on Monday, February 17th. The utilities provider reported $1.30 EPS for the quarter, topping the consensus estimate of $1.26 by $0.04. The business had revenue of $303.11 million during the quarter, compared to analysts' expectations of $314.75 million. Otter Tail had a net margin of 22.67% and a return on equity of 18.96%. As a group, analysts forecast that Otter Tail will post 5.88 EPS for the current fiscal year.

Otter Tail Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 10th. Investors of record on Friday, February 14th will be issued a dividend of $0.525 per share. This is a boost from Otter Tail's previous quarterly dividend of $0.47. This represents a $2.10 annualized dividend and a dividend yield of 2.58%. The ex-dividend date is Friday, February 14th. Otter Tail's dividend payout ratio (DPR) is currently 29.29%.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. StockNews.com raised shares of Otter Tail from a "sell" rating to a "hold" rating in a research report on Thursday, November 14th. Siebert Williams Shank raised shares of Otter Tail from a "strong sell" rating to a "hold" rating in a research report on Wednesday, November 6th.

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.