Welcome to our dedicated page for Otter Tail news (Ticker: OTTR), a resource for investors and traders seeking the latest updates and insights on Otter Tail stock.
Otter Tail Corporation reports developments across diversified operations anchored by Otter Tail Power Company, its regulated electric utility, and its manufacturing businesses. Recurring news includes earnings results, guidance, utility rate proceedings, capital spending tied to rate-base growth, and electric infrastructure projects such as wind repowering, solar, battery storage, and regional transmission.
Company updates also cover manufacturing demand and cost management, dividend actions, board and executive succession, and shareholder communications. Otter Tail’s common shares trade on the Nasdaq Global Select Market under the symbol OTTR.
Otter Tail (Nasdaq: OTTR) reported second-quarter 2026 diluted loss per share of $0.18 and adjusted diluted EPS of $1.66, reflecting a pre-tax $103.5 million legal settlement expense in the Plastics segment tied to U.S. PVC pipe antitrust class action settlements.
The company cut its 2026 GAAP diluted EPS guidance to $3.84–$4.24 from $5.22–$5.62, and introduced adjusted diluted EPS guidance of $5.68–$6.08, excluding the settlement’s after-tax impact of $1.84 per share. Electric segment Q2 net income was $18.7 million on 5.8% lower revenue; Manufacturing revenue rose 12.4% with net income up 31.3%; Plastics posted a $30.1 million net loss but $47.1 million adjusted net income.
Operating cash flow for the first half of 2026 increased to $182.7 million, capital expenditures were $324.8 million, and Otter Tail Power issued $170 million of long-term debt. Total available liquidity at June 30, 2026 was $601.4 million. The board declared a quarterly dividend of $0.5775 per share, payable September 10, 2026.
Otter Tail Corporation (Nasdaq: OTTR) plans to release its second quarter 2026 financial results after the stock market closes on Monday, August 3, 2026. The company will then host a live conference call and webcast on Tuesday, August 4, 2026 at 10:00 a.m. CT to discuss financial and operating performance, with slides and a replay available on its website.
Antora Energy and POET commissioned a 5 GWh multi-day thermal energy storage system at POET’s Big Stone City, South Dakota bioprocessing plant. The project moved from construction to delivering energy in under 12 months and is expected to be fully operational later this year.
The system will supply around-the-clock thermal energy under a long-term heat offtake agreement, supporting higher bioethanol production and new market opportunities for South Dakota farmers. Antora’s gigafactory-built batteries and related construction have created or supported over 300 jobs. Otter Tail Power (NASDAQ:OTTR) worked with Antora to design an innovative electric rate, approved by the South Dakota Public Utilities Commission, enabling 24/7 operation without increasing costs for other consumers.
Otter Tail Power Company (Nasdaq: OTTR) filed its 2027–2041 Integrated Resource Plan with the Minnesota Public Utilities Commission, detailing how it plans to meet electricity demand over the next 15 years.
The plan proposes new natural gas, wind, solar, and battery storage projects and will undergo a public regulatory review.
Otter Tail (Nasdaq: OTTR) reported Q1 2026 diluted EPS of $1.73, affirmed full-year 2026 diluted EPS guidance of $5.22 to $5.62, and declared a quarterly dividend of $0.5775 payable June 10, 2026 (record May 15, 2026).
Operating cash flow improved to $70.6M and the company reported $658.9M total available liquidity; Q1 capital expenditures were $185.3M.
Otter Tail Corporation (Nasdaq: OTTR) will release first quarter 2026 financial results after market close on Monday, May 4, 2026 and will host a live conference call and webcast on Tuesday, May 5, 2026 at 10:00 a.m. CT.
Accompanying slides will be posted on the company website before the webcast and a replay will be available shortly after the call. Instructions and pre-registration details are provided for participants.
Otter Tail Corporation (Nasdaq: OTTR) announced executive leadership transitions effective April 13, 2026, under a Board-approved long-term succession plan. Tim Rogelstad was elected President of the Corporation; Todd Wahlund became Senior VP and President of Otter Tail Power Company; Tyler Nelson was named Vice President and Chief Financial Officer.
The moves are internal promotions: Rogelstad has 37 years with the company, Wahlund 34 years, and Nelson joined Otter Tail in 2020.
Otter Tail Power Company (Nasdaq: OTTR) said the South Dakota Public Utilities Commission approved a settlement concluding its rate proceeding, producing a $3.3 million net revenue increase and a 7.09% return on rate base. Final rates are expected to be implemented on April 1, 2026.
The company achieved 58% of its original request (rising to 75% after rider-treatment adjustments) and agreed to a blackbox settlement on return on equity and capital structure. A moratorium on increases to base rates is in place through December 1, 2029, with specified exceptions.
Otter Tail Corporation (Nasdaq: OTTR) reported 2025 diluted EPS of $6.55 and consolidated ROE of 16%. The company initiated 2026 EPS guidance of $5.22 to $5.62 with a midpoint ROE projection near 12%. Cash from operations was $386.0M and available liquidity totaled $705.5M. 2025 capital expenditures were $288.1M and the company plans $2.05B of capex from 2026–2030, with Electric average rate base rising to $2.403B in 2026 (14% growth).
Otter Tail Corporation (Nasdaq: OTTR) will release its 2025 financial results after market close on Monday, February 16, 2026. Management will discuss results on a live conference call and webcast on Tuesday, February 17, 2026 at 10:00 a.m. CT. Accompanying slides will be posted on the company website before the webcast; a replay will be available shortly after the call. To access the live webcast visit www.ottertail.com/events-and-presentations. Participants are advised to pre-register to obtain dial-in numbers and passcodes and to allow time to download any required software. For assistance, contact Beth Eiken at 701-451-3571 or beiken@ottertail.com.