Finder makes money from featured partners, but editorial opinions are our own. Advertiser Disclosure
How to buy Otis Worldwide stock
Learn how to easily invest in Otis Worldwide stock.
Otis Worldwide is a specialty industrial machinery business based in the US. Otis Worldwide shares (OTIS) are listed on the NYSE and all prices are listed in US Dollars. Otis Worldwide employs 69,000 staff and has a trailing 12-month revenue of around $13.7 billion.
How to buy Otis Worldwide stock
- Choose a stock trading platform. Use our comparison table or choose from our Top Picks below.
- Open an account. Provide your personal information and sign up.
- Fund your account. Deposit funds unto your account by linking your banking information or transfer funds from another trading account.
- Search for the stock name – OTIS. Search for the stock by name or ticker symbol.
- Buy the stock. Place your order. It's that simple.
- Trade stocks for $0 and no annual fee
- Start trading with a $0 minimum deposit
- Get up to $1,000 when you fund a new account within 30 days
- Easy to use platform with $0 stock trading & no annual fees
- Social trading allows you to copy popular portfolios
- FINDER EXCLUSIVE: Guaranteed $15 bonus when you sign up and deposit $100
- $0 commissions on stocks and ETFs
- $0 closing commissions on stock and ETF options
- Get $100 - $2,000 when you open and fund an account with $5,000 to $100,000+
Otis Worldwide stock price (NYSE: OTIS)Use our graph to track the performance of OTIS stocks over time.
Otis Worldwide shares at a glance
|Latest market close||$80.99|
|52-week range||$62.05 - $87.33|
|50-day moving average||$83.04|
|200-day moving average||$75.88|
|Wall St. target price||$84.50|
|Dividend yield||$1.11 (1.42%)|
|Earnings per share (TTM)||$2.97|
Buy Otis Worldwide stocks from these online trading platformsCompare special offers, low fees and a wide range of investment options among top trading platforms.
Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.
Finder is not an adviser or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.
Is it a good time to buy Otis Worldwide stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Otis Worldwide price performance over time
Historical closes compared with the close of $80.99 from 2023-03-27
|1 week (2023-03-21)||-1.60%|
|1 month (2023-02-28)||-4.29%|
|3 months (2022-12-28)||4.64%|
|6 months (2022-09-28)||23.14%|
|1 year (2022-03-28)||3.82%|
|2 years (2021-03-26)||17.67%|
|3 years (2020-03-27)||83.51%|
|5 years (2018-03-24)||N/A|
Is Otis Worldwide stock undervalued or overvalued?
Valuing Otis Worldwide stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Otis Worldwide's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Otis Worldwide's P/E ratio
Otis Worldwide's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 27x. In other words, Otis Worldwide shares trade at around 27x recent earnings.
That's comparable to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29).
Otis Worldwide's PEG ratio
Otis Worldwide's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.3095. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Otis Worldwide's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Otis Worldwide's EBITDA
Otis Worldwide's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $2.3 billion.
The EBITDA is a measure of a Otis Worldwide's overall financial performance and is widely used to measure a its profitability.
Otis Worldwide financials
|Revenue TTM||$13.7 billion|
|Operating margin TTM||15.32%|
|Gross profit TTM||$3.9 billion|
|Return on assets TTM||11.86%|
|Return on equity TTM||0%|
|Market capitalisation||$32.9 billion|
TTM: trailing 12 months
Otis Worldwide share dividends
Dividend payout ratio: 36.48% of net profits
Recently Otis Worldwide has paid out, on average, around 36.48% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.42% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Otis Worldwide shareholders could enjoy a 1.42% return on their shares, in the form of dividend payments. In Otis Worldwide's case, that would currently equate to about $1.11 per share.
While Otis Worldwide's payout ratio might seem fairly standard, it's worth remembering that Otis Worldwide may be investing much of the rest of its net profits in future growth.
Otis Worldwide's most recent dividend payout was on 9 March 2023. The latest dividend was paid out to all shareholders who bought their shares by 15 February 2023 (the "ex-dividend date").
Otis Worldwide share price volatility
Over the last 12 months, Otis Worldwide's shares have ranged in value from as little as $62.0453 up to $87.33. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Otis Worldwide's is 0.8179. This would suggest that Otis Worldwide's shares are less volatile than average (for this exchange).
Otis Worldwide overview
Otis Worldwide Corporation engages in the manufacturing, installation, and servicing of elevators and escalators in the United States, China, and internationally. The company operates in two segments, New Equipment and Service. The New Equipment segment designs, manufactures, sells, and installs a range of passenger and freight elevators, as well as escalators and moving walkways for residential and commercial buildings, and infrastructure projects. This segment serves real-estate and building developers, and general contractors. The Service segment performs maintenance and repair services, as well as modernization services to upgrade elevators and escalators. Otis Worldwide Corporation was founded in 1853 and is headquartered in Farmington, Connecticut. .
Otis Worldwide in the news
History Suggests These 4 S&P 500 Stocks Are Perfect to Buy and Hold Forever
2 Stocks to Buy with Strong Economic Moats
With 87% ownership, Otis Worldwide Corporation (NYSE:OTIS) boasts of strong institutional backing
Frequently asked questionsWhat percentage of Otis Worldwide is owned by insiders or institutions?
Currently 0.052% of Otis Worldwide shares are held by insiders and 87.893% by institutions. How many people work for Otis Worldwide?
Latest data suggests 69,000 work at Otis Worldwide. When does the fiscal year end for Otis Worldwide?
Otis Worldwide's fiscal year ends in December. Where is Otis Worldwide based?
Otis Worldwide's address is: One Carrier Place, Farmington, CT, United States, 06032 What is Otis Worldwide's ISIN number?
Otis Worldwide's international securities identification number is: US68902V1070 What is Otis Worldwide's CUSIP number?
Otis Worldwide's Committee on Uniform Securities Identification Procedures number is: 68902V107
More guides on Finder
What happens if a brokerage firm fails?
Here’s what happens to your securities if your brokerage fails, and how your assets are protected by SIPC and FDIC.
How to Buy Gold Stocks
Learn about buying physical gold, plus stocks and ETFs, to learn how you can add gold exposure to your portfolio.
Silicon Valley Bank collapse: Which ETFs and stocks are impacted?
Several ETFs have exposure to Silicon Valley Bank, but it appears minimal.
How to Buy Treasury Bills
Treasury Bills are fixed-income assets with maturities of less than one year. Here’s what to know before investing.
SVB collapses: What does it mean for your portfolio?
The 16th largest US bank has collapsed, but its impact on your portfolio could be limited depending on what you own.
How to buy Vanguard VTI Total Stock Market ETF units
Steps to investing in the Vanguard (VTI) Total Stock Market ETF.
How to buy Neuraxis (NRXS) stock when it goes public
Everything we know about the Neuraxis IPO, plus information on how to buy in.
How to buy TXO Energy (TXO) stock
Everything we know about the TXO Energy IPO, plus information on how to buy in.
How to buy Brera (BREA) stock
Everything we know about the Brera IPO, plus information on how to buy in.
How to invest in the S&P 500
What you need to know about investing in the leading indicator for the overall US stock market.
Ask an Expert