Headquartered in Fergus Falls, MN Fiscal year ends December NASDAQ: OTTR ottertail.com
Otter Tail Corporation is a member of the S&P SmallCap 600 Index and trades on Nasdaq under OTTR. It is a diversified holding company with three reporting segments.
- Electric: Its regulated utility, Otter Tail Power, generates, transmits and distributes electricity to retail customers, with rates set in jurisdictions including Minnesota and South Dakota. The utility is growing its rate base through large solar projects (Abercrombie and Solway), wind repowering, and transmission and distribution investments. It has an ongoing Minnesota rate case and an integrated resource plan before the Minnesota Public Utilities Commission.
- Manufacturing: This segment provides value-added metal fabrication and related products. It serves construction, recreational vehicle, lawn and garden, and industrial end markets, and passes through steel costs to customers.
- Plastics: This segment makes PVC pipe, including large-diameter capacity at its Phoenix, Arizona facility. Results are highly sensitive to PVC pipe pricing, PVC resin costs and housing market demand. Updated
Plastics net income fell 33.4% on weaker PVC pipe pricing and volumes, ending a four-quarter streak of beats. Management still narrowed 2026 EPS guidance to $3.89 to $4.19 while holding the midpoint, so the full-year story stays intact even as the quarter missed expectations.
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Otter Tail Corp. (NASDAQ: OTTR) is trading lower this morning after pricing its secondary offering. The proposed 5 million share offering came in at 4.5 million shares. It also priced at $30…
Douglas A. McIntyre We have seen three issues so far since yesterday’s close to sell shares of stock and one offering still pending on the calendar for the week. We have seen filings out of…
Otter Tail Corp. (NASDAQ: OTTR) may have been caught with its tail between its legs. The small diversified mini-conglomerate has warned that its earnings were going to fall short of expectations. For…
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On tonight’s MAD MONEY on CNBC, Jim Cramer continued his GREEN WEEK stock picks. Tonight he wanted to cover the buy on weakness for these stocks and tonight he covered wind power…
Otter Tail Corporation is a member of the S&P SmallCap 600 Index and trades on Nasdaq under OTTR.
24/7 Wall St.'s 12-month price target for OTTR is $95.80, rated Buy. The Wall Street consensus target is $90.50. OTTR price prediction →
