Otter Tail (NASDAQ:OTTR – Get Free Report) updated its FY 2026 earnings guidance on Monday morning. The company provided EPS guidance of 5.680-6.080 for the period, compared to the consensus earnings per share estimate of 5.760. The company issued revenue guidance of -.
Wall Street Analysts Forecast Growth
A number of research analysts have weighed in on OTTR shares. Zacks Research cut shares of Otter Tail from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 27th. KeyCorp reaffirmed a “sector weight” rating on shares of Otter Tail in a research note on Monday, June 1st. Weiss Ratings upgraded shares of Otter Tail from a “hold (c)” rating to a “buy (b-)” rating in a report on Monday, May 11th. UBS Group reissued a “reduce” rating on shares of Otter Tail in a research report on Friday, May 29th. Finally, Siebert Williams Shank downgraded shares of Otter Tail from a “buy” rating to a “hold” rating and set a $86.00 price objective for the company. in a research note on Wednesday, May 6th. One investment analyst has rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Otter Tail currently has an average rating of “Hold” and a consensus price target of $86.00.
Get Our Latest Stock Analysis on OTTR
Otter Tail Trading Up 2.0%
Otter Tail (NASDAQ:OTTR – Get Free Report) last announced its quarterly earnings data on Monday, August 3rd. The utilities provider reported $1.66 earnings per share for the quarter, beating analysts’ consensus estimates of $1.51 by $0.15. Otter Tail had a net margin of 21.34% and a return on equity of 15.21%. Otter Tail has set its FY 2026 guidance at 5.680-6.080 EPS. Equities analysts expect that Otter Tail will post 5.54 earnings per share for the current year.
Institutional Trading of Otter Tail
A number of large investors have recently modified their holdings of OTTR. Birchwood Financial Partners Inc. bought a new position in Otter Tail in the fourth quarter worth approximately $40,000. Aster Capital Management DIFC Ltd purchased a new stake in shares of Otter Tail in the 4th quarter worth $41,000. UMB Bank n.a. lifted its holdings in shares of Otter Tail by 302.5% in the 4th quarter. UMB Bank n.a. now owns 644 shares of the utilities provider’s stock worth $52,000 after buying an additional 484 shares during the period. BI Asset Management Fondsmaeglerselskab A S purchased a new stake in shares of Otter Tail in the 2nd quarter worth $53,000. Finally, Northwestern Mutual Wealth Management Co. grew its position in shares of Otter Tail by 43.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 950 shares of the utilities provider’s stock worth $77,000 after buying an additional 289 shares in the last quarter. Hedge funds and other institutional investors own 61.32% of the company’s stock.
Otter Tail Company Profile
Otter Tail Corporation, through its primary subsidiary Otter Tail Power Company, is a regulated electric utility engaged in the generation, transmission and distribution of electricity. The company operates a diversified portfolio of owned and contracted power generation facilities, including coal, natural gas, wind and hydroelectric units, supplemented by long-term power purchase agreements. In addition to utility operations, Otter Tail provides related engineering, construction and maintenance services to support grid reliability and efficiency.
The company’s service territory covers a predominantly rural footprint in the Upper Midwest, including communities in west-central Minnesota, eastern North Dakota, northwest Wisconsin and small portions of South Dakota.
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