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Last $25.82 USD
Change Today +0.14 / 0.55%
Volume 101.6K
As of 8:10 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

otter tail corp (OTTR) Snapshot

Open
$25.52
Previous Close
$25.68
Day High
$25.84
Day Low
$25.27
52 Week High
03/25/15 - $33.44
52 Week Low
07/27/15 - $24.82
Market Cap
970.6M
Average Volume 10 Days
99.2K
EPS TTM
$1.59
Shares Outstanding
37.6M
EX-Date
08/12/15
P/E TM
16.2x
Dividend
$1.23
Dividend Yield
4.74%
Current Stock Chart for OTTER TAIL CORP (OTTR)

otter tail corp (OTTR) Related Businessweek News

No Related Businessweek News Found

otter tail corp (OTTR) Details

Otter Tail Corporation engages electric utility and infrastructure businesses in the United States, Canada, and Mexico. It operates in three segments: Electric, Manufacturing, and Plastics. The Electric segment produces, transmits, distributes, and sells electric energy in Minnesota, North Dakota, and South Dakota, as well as operates as a wholesale participant in the Midcontinent Independent System Operator, Inc. markets. This segment serves approximately 130,000 customers. The Manufacturing segment stamps, fabricates, welds, and laser cuts metal components for use in the recreational vehicle, agricultural, lawn and garden, industrial equipment, health and fitness, and enclosure industries; and manufactures and fabricates parts for off-road equipment, mining machinery, oil fields and offshore oil rigs, wind industry components, broadcast antennae, and farm equipment for equipment manufacturers. This segment also manufactures and sells thermoformed products for the horticulture industry; and produces products, such as clamshell packing, blister packs, returnable pallets, and handling trays for shipping and storing odd-shaped or difficult-to-handle parts. The Plastics segment manufactures and sells polyvinyl chloride pipes for municipal water, rural water, wastewater, storm drainage and water reclamation system, and other uses. The company was formerly known as Otter Tail Power Company and changed its name to Otter Tail Corporation in 2001. Otter Tail Corporation was founded in 1907 and is headquartered in Fergus Falls, Minnesota.

1,893 Employees
Last Reported Date: 03/2/15
Founded in 1907

otter tail corp (OTTR) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $487.2K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $446.6K
Senior Vice President of Electric Platform an...
Total Annual Compensation: $274.4K
Senior Vice President, General Counsel and Co...
Total Annual Compensation: $435.9K
Compensation as of Fiscal Year 2014.

otter tail corp (OTTR) Key Developments

Otter Tail Corporation Announces Unaudited Consolidated Financial Results for the Second Quarter and Six Months Ended June 30, 2015; Revises Earnings Guidance for the Year 2015

Otter Tail Corporation announced unaudited consolidated financial results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported total operating revenues of $188,153,000 against $194,364,000 a year ago. Total operating income was $24,800,000 against $14,752,000 a year ago. Net income from continuing operations was $13,657,000 or $0.36 per diluted share against $7,886,000 or $0.21 per diluted share a year ago. Net income was $11,436,000 or $0.30 per diluted share against $9,993,000 or $0.27 per diluted share a year ago. For the six months, the company reported total operating revenues of $390,994,000 against $409,330,000 a year ago. Total operating income was $49,825,000 against $50,153,000 a year ago. Net income from continuing operations was $27,438,000 or $0.73 per diluted share against $29,665,000 or $0.81 per diluted share a year ago. Net income was $29,371,000 or $0.78 per diluted share against $31,423,000 or $0.86 per diluted share a year ago. Net cash provided by operating activities was $41,755,000 against $4,171,000 a year ago. Capital expenditures were $83,418,000 against $79,574,000 a year ago. The company is maintaining overall guidance for 2015 diluted earnings per share of $1.50 to $1.65, but now expect to be in the middle to upper end of the range. In spite of continued market challenges facing BTD, the company expects to achieve a return on equity in a range of 9.5% to 10.4%.

Otter Tail Corporation Declares Quarterly Dividend, Payable September 10, 2015

On August 3, 2015 Otter Tail Corporation’s Board of Directors declared a quarterly common stock dividend of $0.3075 per share. This dividend is payable September 10, 2015 to shareholders of record on August 14, 2015.

Otter Tail Corporation, Q2 2015 Earnings Call, Aug 04, 2015

Otter Tail Corporation, Q2 2015 Earnings Call, Aug 04, 2015

 

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Industry Analysis

OTTR

Industry Average

Valuation OTTR Industry Range
Price/Earnings 17.6x
Price/Sales 1.2x
Price/Book 1.6x
Price/Cash Flow 8.5x
TEV/Sales -- Not Meaningful
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