otter tail power stock

The company's Electric segment produces, transmits, distributes, and sells electric energy in Minnesota, North Dakota, and South Dakota; and operates as a participant in the Midcontinent Independent System Operator, Inc. markets. OTTR: Get the latest Otter Tail Power stock price and detailed information including OTTR news, historical charts and realtime prices. Otter Tail, which belongs to the Zacks Utility - Electric Power industry, posted revenues of $235.76 million for the quarter ended September 2020, surpassing the Zacks Consensus Estimate by 0.49%. The company currently has a workforce of over 750 employees, a generating capacity of 660 megawatts, and owns over 5,000 miles of electrical power … Otter Tail Corporation's strategy is to continue to grow its largest business, Otter Tail Power Company, which will lower its overall risk, create a more predictable earnings stream, improve its credit quality, and preserve its ability to fund the dividend. Do the numbers hold clues to what lies ahead for the stock? This is a highly unusual business combination. In this civil antitrust suit brought by appellee against Otter Tail Power Co. (Otter Tail), an electric utility company, the District Court found that Otter Tail had attempted to monopolize and had monopolized the retail distribution of electric power in its service area in violation of 2 of the Sherman Act, 26 Stat. Otter Tail Power had financed its large jointly owned generating plants through first-mortgage bonds, pollution control bonds, and preferred and common stock offerings. A high-level overview of Otter Tail Corporation (OTTR) stock. Get Otter Tail Corp (OTTR:NASDAQ) real-time stock quotes, news, price and financial information from CNBC. This information is according to proxy statements filed for the … Sector Companies on the Energy … 02/19. Otter Tail Power Co. As we can see here though, the electric utility accounts for fully Otter Tail Corporation is a holding company. Otter Tail Power had financed its large jointly owned generating plants through first-mortgage bonds, pollution control bonds, and preferred and common stock offerings. In the beginning, Otter Tail Power built a series of hydroelectric plants to provide power for its system and these served the company well until its expansion in the 1920s outstripped the dams' capacity (steam provided the bulk of the company's power needs from then on). Otter Tail Corporation was founded in … The Electric segment includes the production, transmission, distribution and sale of electric energy in Minnesota, North Dakota and South Dakota by Otter Tail Power Company (OTP). Regarding Otter Tail Corp, the DDM model, as implemented by StockNews, implies a negative return of 26.25% relative to its current price. View which stocks have been most impacted by COVID-19. Corporate Profile. Southern Company's (SO) wholly-owned subsidiary Georgia Power delays the start-up of Vogtle Unit 3 nuclear reactor due to problems found during testing. By Business Wire. Otter Tail Corp. is a holding company, which engages in the energy, infrastructure, and production businesses. The dividend is payable on March 10, 2021 to shareholders of record on The Company operates through three segments: Electric, Manufacturing and Plastics. Fitch also affirms the IDR of OTTR's wholly owned subsidiary Otter Tail Power (OTP) at 'BBB'. The increase brings the annual indicated dividend rate to $1.56 per share, an $.08 increase over the 2020 rate. The increase brings the annual indicated dividend rate to … l. Otter Tail Power Company, a subsidiary of Otter Tail Corporation (Nasdaq Global Select Market: OTTR), is headquartered in Fergus Falls, Minnesota. Otter Tail Corp. is a holding company, which engages in the energy, infrastructure, and production businesses. +0.16 (+0.33%) DATA AS OF May 28, 2021. Stash allows you to purchase smaller pieces of investments, called fractional shares, rather than having to pay the full price for a whole share. Otter Tail pays out 66.67% of its earnings out as a dividend. $ 49.79. OTTR As of June 11, 2021 Close. Otter Tail Corp. is a holding company, which engages in the energy, infrastructure, and production businesses. The Company operates through three segments: Electric, Manufacturing and Plastics. Company profile page for Otter Tail Power Co including stock price, company news, press releases, executives, board members, and contact information The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. 35.36. As President and Chief Executive Officer at OTTER TAIL CORP, Charles S. MacFarlane made $3,189,056 in total compensation. Stock Price. $10,000. Otter Tail Corporation was founded in … Its main subsidiary is the Otter Tail Power Company. While there are certainly numerous utilities that have electric and gas (or maybe even water) operations, I cannot think of any other American utility that has a manufacturing arm. Accompanying slides will be posted on the corporation’s website before the webcast … Do the numbers hold clues to what lies ahead for the stock? PU. OTTR's most recent quarterly dividend payment was made to shareholders of record on Thursday, June 10. Otter Tail Corporation is a holding company. Otter Tail Corporation Common Stock (OTTR) Nasdaq Listed. Last night we announced our first quarter 2021 earnings results. As mentioned in the introduction, Otter Tail Corporation is primarily an electric utility that also has a manufacturing arm that mostly focuses on the production of plastics. Otter Tail Stock To Go Ex-dividend Tomorrow (OTTR) By TheStreet … The project will include approximately 150,000 solar panels and generate enough energy to power approximately 10,000 homes each year. Otter Tail pays an annual dividend of $1.56 per share, with a dividend yield of 3.13%. A 12 day trade on OTTR's ex-dividend date of. +0.37 (+0.75%) DATA AS … After the Coyote plant was completed in 1981, the company was able to begin using internally generated funds for its smaller scale construction and capital expenses. OTTER TAIL CORP : Results of Operations and Financial Condition, Financial Statements and Exhibits (form 8-K) AQ. 0.75 %. Otter Tail Corporation is an energy company based in Fergus Falls, Minnesota. A "buy" rating indicates that analysts believe OTTR will outperform the market and that investors should add to their positions of Otter Tail. Great leadership and great mentors. February 2, 2021 - 11:42 am. If you’re a customer, you can purchase common stock—without paying transaction charges or brokerage fees—by adding your investment to your monthly electric bill payment. Here's how it works. The Otter Tail 52-week high stock price is 49.45 , which is 2.4% above the current share price. Otter Tail (OTTR) delivered earnings and revenue surprises of 23.53% and -8.12%, respectively, for the quarter ended June 2020. Over the last 12 months, Otter Tail Corporation's shares have ranged in value from as little as $34.9827 up to $47.76. Stock Advisor Flagship service. Thanks to fractional shares. * Length of trade is estimated using the stock price recovery history. We provide electricity for customers in MN, ND, and SD. Discover historical prices for OTTR stock on Yahoo Finance. Nasdaq 100. Of this total $700,000 was received as a salary, $905,800 was received as a bonus, $0 was received in stock options, $1,575,506 was awarded as stock and $7,750 came from other types of compensation. A popular way to gauge a stock's volatility is its "beta". The Electric segment includes the production, transmission, distribution and sale of electric energy in Minnesota, North Dakota and South Dakota by Otter Tail Power … Learn more about the sector, industry, classification, employee size, and executives of OTTR on MSN Money. The Company operates through three segments: Electric, Manufacturing and Plastics. Today’s Change. Stock analysis for Otter Tail Corp (OTTR:NASDAQ GS) including stock price, stock chart, company news, key statistics, fundamentals and company profile. The United States continues to shift its focus to clean energy and emission reduction, making it a good time to look at names like Enphase Energy (ENPH), Otter Tail (OTTR) and NextEra Energy (NEE) Other stocks mentioned: CMS, ENPH, NEE, TSLA. Utility - Electric Power Distribution: $1.978B: $0.890B: OTTER TAIL's primary business is the production, transmission, distribution and sale of electric energy. , you can buy Otter Tail Corp stock in any dollar amount, or any other fund or stock you know on Stash. FERGUS FALLS, Minn.--(BUSINESS WIRE)-- Otter Tail Corporation (NASDAQ: OTTR) announced today the Board of Directors increased the company’s quarterly common stock dividend to $0.39 per share. Otter Tail's stock was trading at $45.33 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. (A Small-cap stock has a market valuation of $300 million - $2 billion USD.) The company was formerly known as Otter Tail Power Company and changed its name to Otter Tail Corporation in 2001. Add to Portfolio. The split for OTTR took place on March 16, 2000. The Company offers electricity to residential, commercial, and industrial customers. Was never given a task to far out of my skill set but was still challenged to think critically to solve problems. Otter Tail (OTTR) Q1 Earnings and Revenues Top Estimates Otter Tail (OTTR) delivered earnings and revenue surprises of 5.80% and 7.74%, respectively, for the quarter ended March 2021. Beta is a measure of a share's volatility in relation to the market. S&P. Otter Tail Power Company estimates the project will cost approximately $270 million and the wind farm will generate enough energy to power more than 65,000 homes. The increase brings the annual indicated dividend rate to $1.56 per share, an $.08 increase over the 2020 rate. Do the numbers hold clues to what lies ahead for the stock? See the company profile and updated insider trades of Otter Tail Corporation (OTTR). $25. Otter Tail Corporation is a holding company. Otter Tail Corporation will issue a news release announcing first quarter 2021 earnings results after market close on Monday, May 3, 2021 and will host a live conference call and webcast on Tuesday, May 4, 2021 at 10:00 a.m. CDT to discuss the corporation’s financial and operating performance.. The Otter Tail 52-week low stock price is 35.36 , which is 26.8% below the current share price. The relative EPS sensitivities by customer class are listed on Slide 14. Otter Tail Corp (NASDAQ:OTTR) Otter Tail Corp. 49.92. Otter Tail Corporation (NASDAQ: OTTR) announced today the Board of Directors increased the company’s quarterly common stock dividend to $0.39 per share. Dive deeper with interactive charts and top stories of Otter Tail Corporation. As of 2007, Otter Tail Power Company serves at least 423 towns at retail and delivers power to about 14 municipal utilities. The Otter Tail PE ratio based on its reported earnings over the past 12 months is 19.33.The shares are currently trading at $47.97.. Otter Tail Power Company Requests Rate Review In Minnesota. In this civil antitrust suit brought by appellee against Otter Tail Power Co. (Otter Tail), an electric utility company, the District Court found that Otter Tail had attempted to monopolize and had monopolized the retail distribution of electric power in its service area in violation of § 2 of the Sherman Act, 26 Stat. $47.97. Change. 6/10/2021. 62,610. The Otter Tail River Project is operated in a run-of-river mode with an estimated annual energy production of approximately 22,323 megawatt hours. This compares to year-ago revenues of $229.20 million. The Electric segment generates, transmits, and distributes power and electric energy. The average Otter Tail stock price for the last 52 weeks is 41.74 . View daily, weekly or … Return. OTTER TAIL : 2021 Proxy Statement. The Rating Outlook is Stable for both entities. The company was formerly known as Otter Tail Power Company and changed its name to Otter Tail Corporation in 2001. 2. This was a 2 for 1 split, meaning for each share of OTTR owned pre-split, the shareholder now owned 2 shares. View Otter Tail Corporation OTTR investment & stock information. My name is Loren Hanson, and I manage otter Tail's Investor Relations area. 130%. Nasdaq 100. The number of towns on Otter Tail Power Company lines grew to 44 by the end of 1919, 31 served at retail and 13 at wholesale. Otter Tail sells electric power at retail in 465 towns in Minnesota, North Dakta, and South Dakota. FERGUS FALLS, Minn. (AP) _ Otter Tail Corp. (OTTR) on Monday reported first-quarter earnings of $30.3 million. Otter Tail Corp. 215 South Cascade Street. 02/16. Otter Tail (OTTR) delivered earnings and revenue surprises of 5.80% and 7.74%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock? Its main subsidiary is the Otter Tail Power Company. Investing Basics. The Company operates through three segments: Electric, Manufacturing and Plastics. Otter Tail Corp (OTTR) Q4 2020 Earnings Call Transcript From The Motley Fool Feb 17, 2021 OTTR earnings call for the period ending December 31, 2020. It operates through the following segments: Electric, Manufacturing and Plastics. Phone 1 866 410-8780. Item 1.01 Entry into a Material Definitive Agreement On June 10, 2021, Otter Tail Power Company (the "Company"), a wholly owned subsidiary of Otter Tail Corporation ("OTC"), entered into a Note Purchase Agreement (the "Note Purchase Agreement") with the purchasers named therein (the "Purchasers"), pursuant to which the Company has agreed to issue to the Purchasers, in a private … The Electric segment includes the production, transmission, distribution and sale of electric energy in Minnesota, North Dakota and South Dakota by Otter Tail Power … Throughout the … Today ||| 52-Week Range.

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