Otter Tail Corporation (OTTR) Stock Price & Analysis
Otter Tail Corporation (OTTR) closed at USD 90.42 on Thursday, October 29, 2026, up 0.87% on the day. The US market is currently closed (after-hours); this is not a live price.
The prior close was USD 89.64; the Oct 29, 2026 session ranged USD 89.98–90.84 on volume of 202,135 shares. Market capitalization is $3.80B, with a 52-week range of USD 74.15–95.09 (NMS). Source: Nexqual, retrieved October 29, 2026 at 23:42 UTC.
Also available as compact Markdown for AI agents: nexqual.com/OTTR.md
Key facts (OTTR)
- Last four reported quarters (through Jun 30, 2026): revenue $1.32B, net income $195M (14.8% margin), free cash flow -$79.3M (SEC filings).
- Valuation: P/E 19.5x (avg 11.6x at the last 3 fiscal year-ends), EV/EBITDA 13.5x, net debt $879M.
- Insider open-market sales, last ~7 months: 2 Form 4 filings, $394K; 2 not under a Rule 10b5-1 plan ($394K); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Hold (mean 3.00 on a 1–5 scale) (4 analysts), mean target USD 90.5 (range 86–95).
- Total return with dividends: 1Y +19.6% vs S&P 500 +14.4%; 5Y +64.7% vs S&P 500 +79.1%.
- Next earnings: 2026-11-02, EPS estimate USD 1.55, revenue estimate $328M. All companies reporting that day: https://nexqual.com/earnings/2026-11-02
- Dividend: USD 2.26 a year (yield 2.52%), paid quarterly; latest ex-dividend date 2026-08-14; annual dividends grew 8.3% a year 2022–2025.
- Short interest: 16.26% of float (as of 2026-10-15), 18.6 days to cover.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (OTTR)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $1.20B | $1.47B | $1.35B | $1.33B | $1.30B | $1.32B |
| Operating income | $250M | $390M | $378M | $380M | $346M | $225M |
| Net income | $177M | $284M | $294M | $302M | $276M | $195M |
| EPS (diluted) | $4.23 | $6.78 | $7.00 | $7.17 | $6.55 | — |
| Free cash flow | $59.4M | $218M | $117M | $94.1M | $97.9M | -$79.3M |
| Operating margin | 20.9% | 26.6% | 27.9% | 28.6% | 26.5% | 17.1% |
| Net margin | 14.8% | 19.3% | 21.7% | 22.7% | 21.2% | 14.8% |
| Revenue growth | +35.6% | +22.7% | -7.9% | -1.7% | -2.0% | — |
| Cash + short-term investments | $1.5M | $119M | $230M | $295M | $441M | — |
| Total debt | $767M | $827M | $824M | $944M | $1.04B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (OTTR)
P/E 19.5x · P/S 2.9x · EV/EBITDA 13.5x · EV/Sales 3.5x · P/B 2.0x · FCF yield -2.09% · Earnings yield 5.14% · Dividend yield (paid, TTM) 2.44% · Net debt $879M · EV $4.68B
P/E at fiscal year-ends: Dec 2025 12.3x, Dec 2024 10.3x, Dec 2023 12.1x.
Insider sales (SEC Form 4, open-market, last ~7 months) (OTTR)
0 of 2 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-08-10…2026-08-11 | Knutson Paul L | VP, Human Resources | 725 | $68K | 3.4% | No | Too little history (no open-market trades in 2023 or 2025) |
| 2026-08-07 | Knutson Paul L | VP, Human Resources | 3,500 | $326K | 14% | No | Too little history (no open-market trades in 2023 or 2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (OTTR)
Consensus Hold (mean 3.00 on a 1–5 scale), 4 analysts; mean target USD 90.5 (low 86, high 95).
Total return (dividends reinvested) (OTTR)
| 1Y (from 2025-10-30) | 5Y (from 2021-10-25) | |
|---|---|---|
| Total return | +19.6% | +64.7% |
| S&P 500 (SPY) | +14.4% | +79.1% |
| Per year | +19.6% | +10.5% |
| Volatility (annualized) | 20.9% | 28.6% |
| Max drawdown | -8.4% (Apr 2026→Jun 2026) | -32.7% (Aug 2022→Nov 2022) |
Dividends (OTTR)
Annual dividend rate USD 2.26 per share, yield 2.52% at the current price. Paid over the last 12 months: USD 2.259 in 4 payments (quarterly).
Most recent ex-dividend date: Aug 14, 2026; payment date: Sep 10, 2026. To receive a dividend, shares must be owned before the ex-dividend date.
Latest change: raised 10.1% to USD 0.578 per payment from USD 0.525, starting with the Feb 13, 2026 ex-dividend date.
Payout ratio 48% of earnings · 5-year average yield 2.35% · annual dividends grew 8.3% a year from 2022 to 2025.
| Ex-dividend date | Amount per share |
|---|---|
| 2026-08-14 | USD 0.578 |
| 2026-05-15 | USD 0.578 |
| 2026-02-13 | USD 0.578 |
| 2025-11-14 | USD 0.525 |
| 2025-08-15 | USD 0.525 |
| 2025-05-15 | USD 0.525 |
| 2025-02-14 | USD 0.525 |
| 2024-11-15 | USD 0.468 |
Total by calendar year: 2022 USD 1.652 · 2023 USD 1.752 · 2024 USD 1.872 · 2025 USD 2.10.
Short interest (OTTR)
4,801,454 shares sold short, 16.26% of the float, as of Oct 15, 2026 (exchange short-interest report, published about twice a month). Prior report (Sep 15, 2026): 4,790,407 shares (+0.2%). Days to cover: 18.6 (short shares ÷ average daily volume).
OTTR earnings history and stock reaction
| Results filed | Quarter | EPS | Consensus | Surprise | Stock reaction |
|---|---|---|---|---|---|
| Aug 4, 2026 | Quarter ended Jun 30, 2026 | $1.66 | $1.50 | Beat +10.7% | +3.0% |
| May 5, 2026 | Quarter ended Mar 31, 2026 | $1.73 | $1.42 | Beat +21.8% | -1.9% |
| Feb 17, 2026 | Quarter ended Dec 31, 2025 | $1.23 | $1.28 | Miss −3.9% | -1.6% |
| Nov 4, 2025 | Quarter ended Sep 30, 2025 | $1.86 | $1.87 | Miss −0.5% | +6.0% |
| Aug 5, 2025 | — | — | — | — | +3.1% |
| May 6, 2025 | — | — | — | — | -5.7% |
| Feb 18, 2025 | — | — | — | — | +5.5% |
| Nov 5, 2024 | — | — | — | — | +8.9% |
EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).
OTTR recent SEC filings (last 120 days)
| Filed | Form | What it says |
|---|---|---|
| Sep 1, 2026 | 8-K | Director or executive officer change, or pay arrangement “On August 28, 2026, Thomas J. Webb notified Otter Tail Corporation (the "Company") of his intention to not stand for reelection and instead retire from the Company's Board of Directors effective at the conclusion of his current term, which expires at the time of the 2027 Annual Meeting of Shareholders, in accordance with the Corporation's director retirement policy. Mr. Webb's decision to not stand for reelection is not the result of any disagreement with the Company's operations, policies or procedures. On August…” |
| Aug 7, 2026 | Schedule 13G | STATE STREET CORPORATION: 5.1% of shares, passive 5%+ holder |
| Aug 5, 2026 | 10-Q | Quarterly report · period ended Jun 30, 2026 |
| Aug 4, 2026 | 8-K | Quarterly results |
Source: SEC EDGAR. Quotes are the opening words of each item as filed; each form links to the filing. Insider Form 4 filings are listed in the insider sections.
OTTR suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Customer | Plastics | “Our Plastics segment businesses can be affected by seasonal weather prohibiting or delaying construction projects at any time of the year in any geography, but specifically times of the year when frozen ground and cold temperatures in many parts of the country can delay construction projects, all of which can result in reduced customer demand and could have an adverse effect on our financial condition, operating r…” |
| Customer | Caterpillar (CAT) | “Our customers include some of the largest vehicle and equipment manufacturers operating in the U.S., including Caterpillar Inc., CNH Industrial N.V., Cummins Inc., Deere & Company, Honda Motor Co., Kawasaki Heavy Industries, Polaris Inc. and The Toro Company.” |
| Customer | CNH Industrial N.V. (CNH) | “Our customers include some of the largest vehicle and equipment manufacturers operating in the U.S., including Caterpillar Inc., CNH Industrial N.V., Cummins Inc., Deere & Company, Honda Motor Co., Kawasaki Heavy Industries, Polaris Inc. and The Toro Company.” |
| Customer | CUMMINS INC (CMI) | “Our customers include some of the largest vehicle and equipment manufacturers operating in the U.S., including Caterpillar Inc., CNH Industrial N.V., Cummins Inc., Deere & Company, Honda Motor Co., Kawasaki Heavy Industries, Polaris Inc. and The Toro Company.” |
| Customer | Deere (DE) | “Our customers include some of the largest vehicle and equipment manufacturers operating in the U.S., including Caterpillar Inc., CNH Industrial N.V., Cummins Inc., Deere & Company, Honda Motor Co., Kawasaki Heavy Industries, Polaris Inc. and The Toro Company.” |
| Customer | Honda (HMC) | “Our customers include some of the largest vehicle and equipment manufacturers operating in the U.S., including Caterpillar Inc., CNH Industrial N.V., Cummins Inc., Deere & Company, Honda Motor Co., Kawasaki Heavy Industries, Polaris Inc. and The Toro Company.” |
| Customer | Polaris Inc. (PII) | “Our customers include some of the largest vehicle and equipment manufacturers operating in the U.S., including Caterpillar Inc., CNH Industrial N.V., Cummins Inc., Deere & Company, Honda Motor Co., Kawasaki Heavy Industries, Polaris Inc. and The Toro Company.” |
Quoted from the company's 10-K filed Feb 18, 2026.
OTTR company outlook (results filed Aug 4, 2026)
- “SUMMARY • Reported quarterly diluted loss per share of $0.18 and adjusted diluted earnings per share of $1.66. • Updated our annual diluted earnings per share guidance range to $3.84 to $4.24. • Initiated annual adjusted diluted earnings per share guidance range of $5.68 to $6.08.”
Quoted word-for-word from the SEC 8-K results press release.
OTTR analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $1.54 | $1.53 | +1.1% | $328.0M | 2 |
| Next quarter (ends Dec 2026) | $1.15 | $1.15 | -0.2% | $310.8M | 2 |
| Current fiscal year (ends Dec 2026) | $6.08 | $5.82 | +4.4% | $1.32B | 2 |
| Next fiscal year (ends Dec 2027) | $5.33 | $5.36 | -0.5% | $1.35B | 3 |
OTTR options: expected move
Options price a move of about ±6.3% (±$5.65) by Nov 20, 2026, which includes earnings on Nov 2, 2026. Over the last 8 reports the stock moved ±4.5% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 22 | 30.6% | ±6.3% |
| Dec 18, 2026 | 50 | 26.3% | ±7.9% |
| Jan 15, 2027 | 78 | 24.6% | ±9.2% |
| Apr 16, 2027 | 169 | 21.2% | ±11.5% |
30-day implied volatility 23.5% vs 15.4% realized over the last 30 trading days. Put/call ratio (volume) 0. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 29, 2026 at 23:42 UTC)
| Price | USD 90.42 |
|---|---|
| Change | ▲ 0.87% (up) |
| Previous Close | USD 89.64 |
| Open | USD 89.98 |
| Day Range | USD 89.98 – 90.84 |
| 52-Week Range | USD 74.15 – 95.09 |
| Volume | 202,135 shares |
| Market Cap | $3.80B |
| Exchange | NMS |
Technical Analysis (OTTR)
Nexqual's technical model rates OTTR "BUY" based on 5 bullish and 1 bearish signals across 127 daily candles, as of October 29, 2026 at 23:42 UTC.
| Overall Signal | BUY |
|---|---|
| RSI (14) | 56.83 (neutral) |
| vs SMA50 | Above (USD 89.44) |
| MACD | 0.31 (positive) |
Analyst Ratings (OTTR)
Wall Street analysts rate OTTR "Hold" based on 4 analysts, with a mean price target of USD 90.5 (range USD 86–95), per Nexqual as of October 29, 2026 at 23:42 UTC.
| Consensus Rating | Hold |
|---|---|
| Analyst Count | 4 |
| Mean Target | USD 90.5 |
| High Target | USD 95 |
| Low Target | USD 86 |
| Buy / Hold / Sell | 0 / 4 / 0 |
Earnings (OTTR)
| Next Earnings Date | 2026-11-02 |
|---|---|
| EPS Estimate | USD 1.55 |
| Revenue Estimate | $328.00M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 1.66 vs est 1.5 ▲ beat |
| 2026-03-31 | USD 1.73 vs est 1.42 ▲ beat |
| 2025-12-31 | USD 1.23 vs est 1.28 ▼ miss |
| 2025-09-30 | USD 1.86 vs est 1.87 ▼ miss |
Source: Nexqual, October 29, 2026 at 23:42 UTC.
Financials & Fundamentals (OTTR)
| Total Revenue | $1.32B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +0.40% |
| Gross Margin | +42.19% |
| Operating Margin | +24.03% |
| Profit Margin | +14.83% |
| ROE | +10.69% |
| Debt / Equity | 0.67 |
| Current Ratio | 1.71 |
| Total Cash | $333.70M |
| Total Debt | $1.27B |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | -$79.27M (-6.0% of revenue) |
Source: Nexqual, October 29, 2026 at 23:42 UTC.
Financial Health Score (OTTR)
Nexqual rates Otter Tail Corporation's overall financial health "Mixed" across five dimensions, as of October 29, 2026 at 23:42 UTC.
| Growth | Weak — Revenue -2% YoY (annual), declining |
|---|---|
| Profitability | Strong — Gross margin 42%, operating 17% (last 12 months) |
| Balance Sheet | Solid — $334M cash and investments vs $1.21B debt (Jun 2026, SEC) |
| Cash Flow | Weak — FCF negative: -$79M (last 4 quarters to Jun 2026, SEC), burning cash |
| Efficiency | Mixed — ROE 10%, ROA 4.5% (last 4 quarters, SEC) |
Ownership (OTTR)
| Insider Ownership | +2.08% |
|---|---|
| Institutional Ownership | +78.88% |
| Shares Outstanding | 41.99M |
| Float | 41.13M |
| Short % of Float | +16.26% |
Source: Nexqual, October 29, 2026 at 23:42 UTC.
Leadership (OTTR)
Otter Tail Corporation is led by Charles S. MacFarlane, CEO & Director, per Nexqual as of October 29, 2026 at 23:42 UTC.
| CEO & Director | Charles S. MacFarlane |
|---|---|
| President | Timothy J. Rogelstad |
| Senior Vice President | Todd R. Wahlund |
| Senior Vice President of Manufacturing Platform | John S. Abbott |
| VP & Chief Financial Officer | Tyler Nelson |
Major Backers & Investors (OTTR)
Notable institutional backers of Otter Tail Corporation include LSV Asset Management, Morgan Stanley, Two Sigma Investments, LP, according to Nexqual as of October 29, 2026 at 23:42 UTC.
Active Investors
| Investor | Stake |
|---|---|
| LSV Asset Management | 2.83% |
| Morgan Stanley | 2.11% |
| Two Sigma Investments, LP | 1.73% |
| First Trust Advisors LP | 1.52% |
| Fidelity | 1.02% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 15.62% |
| Vanguard Group | 11.64% |
| State Street | 3.92% |
| Geode Capital | 2.65% |
| Dimensional Fund Advisors | 1.97% |
Source: Nexqual, October 29, 2026 at 23:42 UTC.
From Otter Tail Corporation's Latest SEC 10-K Filing (filed 2026-02-18)
Key Strengths & Strategy (as disclosed to the SEC)
- Our proprietary horticulture products are manufactured through a vertically integrated process of raw material pelletizing, extrusion and thermoforming to produce plastic products that serve the early-growth horticulture market.
- OTP's capital investment in the project is estimated to be approximately $120 million, and we expect the project to qualify for a 40% investment tax credit upon completion.
- Our capital budget for the next five years includes approximately $9.3 million of capital investments in environmental control equipment.
- Our customers include some of the largest vehicle and equipment manufacturers operating in the U.S., including Caterpillar Inc., CNH Industrial N.V., Cummins Inc., Deere & Company, Honda Motor Co., Kawasaki Heavy Industries, Polaris Inc. and The Toro Company.
Legal & Regulatory Risks (Item 1A, quoted)
- Claims, litigation, government investigations and other proceedings may adversely affect our business, operating results and liquidity.
- Changes in tax laws, or failures to comply with tax credit eligibility requirements, could materially affect our financial condition and operating results.
- Regulatory requirements to competitively bid capital projects could impact our ability to construct and own utility assets. A lack of direct ownership of such investments could impact our ability to achieve our strategic financial goals and adversely impact our operating results.
- Environmental regulation could require us to incur substantial capital expenditures or increased operating costs, or make it no longer economically viable to operate some of our facilities.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| VMI | Valmont Industries, Inc. | USD 432.76 | ▼ 0.42% |
| HON | Honeywell International Inc. | USD 222.14 | ▲ 1.31% |
| MMM | 3M Company | USD 177.36 | ▲ 2.64% |
| CNI | Canadian National Railway Compa | USD 124.06 | ▼ 0.2% |
| NSC | Norfolk Southern Corporation | USD 342.19 | ▲ 1.21% |
| CP | Canadian Pacific Kansas City Li | USD 88.37 | ▼ 1.19% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 29, 2026 at 23:42 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt