Otter Tail (OTTR) Expected to Announce Earnings on Monday

Otter Tail (NASDAQ:OTTR - Get Free Report) is anticipated to release its Q1 2025 earnings data after the market closes on Monday, May 5th. Analysts expect the company to announce earnings of $1.53 per share and revenue of $349.70 million for the quarter.

Otter Tail (NASDAQ:OTTR - Get Free Report) last posted its quarterly earnings data on Monday, February 17th. The utilities provider reported $1.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.26 by $0.04. Otter Tail had a net margin of 22.67% and a return on equity of 18.96%. The business had revenue of $303.11 million during the quarter, compared to analysts' expectations of $314.75 million. On average, analysts expect Otter Tail to post $6 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Otter Tail Stock Down 1.6 %

OTTR opened at $77.89 on Monday. The stock's fifty day moving average is $79.99 and its 200-day moving average is $78.72. The company has a market capitalization of $3.26 billion, a PE ratio of 10.86 and a beta of 0.49. Otter Tail has a one year low of $71.66 and a one year high of $100.84. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.66 and a current ratio of 2.03.

Otter Tail Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Friday, February 14th were paid a $0.525 dividend. The ex-dividend date of this dividend was Friday, February 14th. This represents a $2.10 annualized dividend and a dividend yield of 2.70%. This is a boost from Otter Tail's previous quarterly dividend of $0.47. Otter Tail's payout ratio is currently 29.29%.

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.

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