Last $26.79 USD
Change Today +0.12 / 0.45%
Volume 36.7K
OTTR On Other Exchanges
Symbol
Exchange
Berlin
NASDAQ GS
As of 12:07 PM 10/1/14 All times are local (Market data is delayed by at least 15 minutes).

otter tail corp (OTTR) Snapshot

Open
$26.75
Previous Close
$26.67
Day High
$26.97
Day Low
$26.53
52 Week High
03/18/14 - $31.72
52 Week Low
10/1/14 - $26.53
Market Cap
981.8M
Average Volume 10 Days
118.3K
EPS TTM
$1.79
Shares Outstanding
36.6M
EX-Date
08/13/14
P/E TM
15.0x
Dividend
$1.21
Dividend Yield
4.48%
Current Stock Chart for OTTER TAIL CORP (OTTR)

otter tail corp (OTTR) Related Businessweek News

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otter tail corp (OTTR) Details

Otter Tail Corporation is engaged in electric and nonelectric operations primarily in the United States, Canada, and Mexico. It operates in four segments: Electric, Manufacturing, Plastics, and Construction. 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 Construction segment provides mechanical and prime contracting services for water and wastewater treatment plants, power generation plants, hospital and pharmaceutical facilities, and other industrial and manufacturing projects; and electrical design and construction services for the industrial, commercial, and municipal business markets. 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.

2,336 Employees
Last Reported Date: 03/3/14
Founded in 1907

otter tail corp (OTTR) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $696.0K
President and Chief Operating Officer
Total Annual Compensation: $514.4K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $433.4K
Senior Vice President, General Counsel and Co...
Total Annual Compensation: $423.0K
Compensation as of Fiscal Year 2013.

otter tail corp (OTTR) Key Developments

Otter Tail Corporation Declares Quarterly Common Stock Dividend Payable September 10, 2014

On August 1, 2014 Otter Tail Corporation's Board of Directors declared a quarterly common stock dividend of $0.3025 per share. This dividend is payable September 10, 2014 to shareholders of record on August 15, 2014.

Otter Tail Corporation Announces Unaudited Consolidated Financial Results for the Second Quarter and Six Months Ended June 30, 2014; Revises Earnings Guidance for the Year 2014

Otter Tail Corporation announced unaudited consolidated financial results for the second quarter and six months ended June 30, 2014. For the quarter, the company’s revenues were $234.6 million compared with $212.4 million for the second quarter of 2013. Total operating income was $18.239 million against $15.779 million a year ago. Net income from continuing operations was $9.984 million against $7.504 million a year ago. Net income was $9.993 million or $0.27 per diluted share against $7.701 million or $0.21 per diluted share a year ago. For the six months, the company reported total operating Revenue was $475.083 million against $430.343 million a year ago. Total operating income was $52.661 million against $43.018 million a year ago. Net income from continuing operations was $31.346 million against $22.738 million a year ago. Net income was $31.423 million or $0.86 per diluted share against $23.064 million or $0.62 per diluted share a year ago. Net cash provided by operating activities was $4.171 million against $46.852 million a year ago. Capital expenditures was $80.749 million against $51.153 million a year ago. The company is narrowing its consolidated diluted earnings per share guidance for 2014 to be in the range of $1.65 to $1.80 from its previously announced range of $1.60 to $1.80. This guidance reflects the current mix of businesses owned by the corporation. It considers the cyclical nature of some of the corporation's businesses and reflects challenges, as well as the corporation's plans and strategies for improving future operating results. The company still expects corporate costs to be lower than in 2013, in spite of the charge recorded to exit the airplane lease early. This revised range reflects estimated EPS growth of 7% to 17% of its non-GAAP 2013 earnings per share of $1.54.

Otter Tail Corporation, Q2 2014 Earnings Call, Aug 05, 2014

Otter Tail Corporation, Q2 2014 Earnings Call, Aug 05, 2014

 

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OTTR

Industry Average

Valuation OTTR Industry Range
Price/Earnings 16.5x
Price/Sales 1.0x
Price/Book 1.8x
Price/Cash Flow 8.2x
TEV/Sales -- Not Meaningful
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