Otter Tail (NASDAQ:OTTR) Announces FY 2026 Earnings Guidance

Otter Tail (NASDAQ:OTTR) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 5.730-6.030 for the period, compared to the consensus earnings per share estimate of 6.050.

Analysts Set New Price Targets

Separately, Weiss Ratings lowered Otter Tail from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday. Four investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Reduce” and an average price target of $86.00.

Otter Tail Stock Down 8.9%

OTTR opened at $83.41 on Wednesday. Otter Tail has a fifty-two week low of $74.15 and a fifty-two week high of $95.09. The company has a market capitalization of $3.50 billion, a P/E ratio of 19.91 and a beta of 0.42. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.71 and a quick ratio of 1.36. The firm’s fifty day moving average price is $89.25 and its two-hundred day moving average price is $88.80.

Otter Tail (NASDAQ:OTTR) last released its quarterly earnings results on Monday, November 2nd. The utilities provider reported $1.41 EPS for the quarter, missing analysts’ consensus estimates of $1.55 by ($0.14). Otter Tail had a return on equity of 13.47% and a net margin of 13.45%. The business had revenue of $320.51 million for the quarter, compared to the consensus estimate of $327.87 million. During the same quarter last year, the company earned $1.86 earnings per share. The firm’s revenue was down 1.6% on a year-over-year basis. On average, analysts anticipate that Otter Tail will post 5.96 EPS for the current year.

Otter Tail Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Friday, November 13th will be given a dividend of $0.5775 per share. The ex-dividend date of this dividend is Friday, November 13th. This represents a $2.31 annualized dividend and a yield of 2.8%. Otter Tail’s payout ratio is 49.78%.

Key Stories Impacting Otter Tail

Here are the key news stories impacting Otter Tail this week:

• Positive Sentiment: Otter Tail declared a quarterly dividend of $0.5775 per share, equivalent to $2.31 annually and a yield of about 2.5%. Shareholders of record on November 13 are scheduled to receive it on December 10. Dividend announcement
• Neutral Sentiment: The company affirmed the midpoint of its 2026 EPS guidance while narrowing the range to $5.73–$6.03. However, the range remains below the roughly $6.05 analyst consensus, limiting the reassurance from maintaining the midpoint. Earnings release and guidance
• Negative Sentiment: Third-quarter diluted EPS was $1.41, below analyst estimates of about $1.55–$1.57 and down from $1.86 a year earlier. Revenue of $320.5 million also missed expectations of about $327.9 million and declined 1.6% year over year. The earnings miss is the main apparent pressure on the shares. Q3 results and analyst estimates

Otter Tail Company Profile

Otter Tail Corporation is a diversified company headquartered in Fergus Falls, Minnesota. Through its electric utility subsidiary, Otter Tail Power Company, it generates, transmits and distributes electricity to residential, commercial, industrial and agricultural customers.

Otter Tail Power Company serves customers across portions of western Minnesota, eastern North Dakota and northeastern South Dakota. Its generation portfolio includes coal, natural gas, wind and other energy resources, supporting the company’s role as a regional provider of electric power and related utility services.

Beyond its utility operations, Otter Tail Corporation owns manufacturing businesses that produce fabricated metal components, plastic products and other specialized goods.