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How to buy Otter Tail Corporation stock | $43.38

Own Otter Tail Corporation stock in just a few minutes.

Fact checked

Otter Tail Corporation is an utilities-diversified business based in the US. Otter Tail Corporation shares (OTTR) are listed on the NASDAQ and all prices are listed in US Dollars. Otter Tail Corporation employs 2,208 staff and has a trailing 12-month revenue of around USD$878.9 million.

How to buy shares in Otter Tail Corporation

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Otter Tail Corporation. Find the stock by name or ticker symbol: OTTR. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Otter Tail Corporation reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$43.38, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Otter Tail Corporation, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Otter Tail Corporation. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Otter Tail Corporation share price

Use our graph to track the performance of OTTR stocks over time.

Otter Tail Corporation shares at a glance

Information last updated 2020-12-11.
Latest market closeUSD$43.38
52-week rangeUSD$30.1316 - USD$55.387
50-day moving average USD$40.8829
200-day moving average USD$39.5006
Wall St. target priceUSD$49.67
PE ratio 18.1355
Dividend yield USD$1.48 (3.49%)
Earnings per share (TTM) USD$2.392

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Otter Tail Corporation 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.

Otter Tail Corporation price performance over time

Historical closes compared with the close of $43.38 from 2020-12-11

1 week (2021-01-07) 1.07%
1 month (2020-12-16) -0.64%
3 months (2020-10-16) 11.72%
6 months (2020-07-16) 12.94%
1 year (2020-01-16) -19.40%
2 years (2019-01-16) -9.49%
3 years (2018-01-16) 2.92%
5 years (2016-01-15) 66.02%

Is Otter Tail Corporation under- or over-valued?

Valuing Otter Tail Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Otter Tail Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Otter Tail Corporation's P/E ratio

Otter Tail Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 18x. In other words, Otter Tail Corporation shares trade at around 18x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Otter Tail Corporation's PEG ratio

Otter Tail Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 4.99. 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 Otter Tail Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Otter Tail Corporation's EBITDA

Otter Tail Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$225.4 million.

The EBITDA is a measure of a Otter Tail Corporation's overall financial performance and is widely used to measure a its profitability.

Otter Tail Corporation financials

Revenue TTM USD$878.9 million
Operating margin TTM 16.88%
Gross profit TTM USD$279.5 million
Return on assets TTM 3.93%
Return on equity TTM 12.13%
Profit margin 11.1%
Book value $20.756
Market capitalisation USD$1.8 billion

TTM: trailing 12 months

Shorting Otter Tail Corporation shares

There are currently 231,422 Otter Tail Corporation shares held short by investors – that's known as Otter Tail Corporation's "short interest". This figure is 14.7% down from 271,185 last month.

There are a few different ways that this level of interest in shorting Otter Tail Corporation shares can be evaluated.

Otter Tail Corporation's "short interest ratio" (SIR)

Otter Tail Corporation's "short interest ratio" (SIR) is the quantity of Otter Tail Corporation shares currently shorted divided by the average quantity of Otter Tail Corporation shares traded daily (recently around 115135.32338308). Otter Tail Corporation's SIR currently stands at 2.01. In other words for every 100,000 Otter Tail Corporation shares traded daily on the market, roughly 2010 shares are currently held short.

However Otter Tail Corporation's short interest can also be evaluated against the total number of Otter Tail Corporation shares, or, against the total number of tradable Otter Tail Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Otter Tail Corporation's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Otter Tail Corporation shares in existence, roughly 10 shares are currently held short) or 0.0086% of the tradable shares (for every 100,000 tradable Otter Tail Corporation shares, roughly 9 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Otter Tail Corporation.

Find out more about how you can short Otter Tail Corporation stock.

Otter Tail Corporation share dividends

62%

Dividend payout ratio: 61.67% of net profits

Recently Otter Tail Corporation has paid out, on average, around 61.67% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.49% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Otter Tail Corporation shareholders could enjoy a 3.49% return on their shares, in the form of dividend payments. In Otter Tail Corporation's case, that would currently equate to about $1.48 per share.

Otter Tail Corporation's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Otter Tail Corporation's most recent dividend payout was on 10 December 2020. The latest dividend was paid out to all shareholders who bought their shares by 12 November 2020 (the "ex-dividend date").

Have Otter Tail Corporation's shares ever split?

Otter Tail Corporation's shares were split on a 2:1 basis on 16 March 2000. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Otter Tail Corporation shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Otter Tail Corporation shares which in turn could have impacted Otter Tail Corporation's share price.

Otter Tail Corporation share price volatility

Over the last 12 months, Otter Tail Corporation's shares have ranged in value from as little as $30.1316 up to $55.387. 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 (NASDAQ average) beta is 1, while Otter Tail Corporation's is 0.3113. This would suggest that Otter Tail Corporation's shares are less volatile than average (for this exchange).

Otter Tail Corporation overview

Otter Tail Corporation, together with its subsidiaries, engages in electric, manufacturing, and plastics businesses in the United States. 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. This segment generates electricity through coal, wind and hydro, and natural gas and oil sources. As of December 31, 2019, it served approximately 132,578 residential, commercial, industrial, and other customers. Its Manufacturing segment stamps, fabricates, welds, paints, and laser cuts metal components for use in the recreational vehicle, agricultural, oil and gas, lawn and garden, industrial equipment, health and fitness, and enclosure industries; manufactures and fabricates parts for off-road equipment, mining machinery, oil fields and offshore oil rigs, wind industry components, broadcast antennae, and farm equipment; and provides laser cutting services and stamping to weldments and assemblies for metal fabrication buyers and original equipment manufacturers. It also manufactures and sells thermoformed products for the horticulture industry; and clamshell packing, blister packs, returnable pallets, and handling trays for shipping and storing odd-shaped or difficult-to-handle parts for customers in the medical and life sciences, industrial, recreation, and electronics industries. The company's Plastics segment manufactures polyvinyl chloride pipes for municipal water, rural water, wastewater, storm drainage system, and other uses. This segment markets its products to wholesalers and distributors through independent sales representatives, company salespersons, and customer service representatives. 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.

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