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 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.
Otter Tail Corporation (Nasdaq: OTTR) announced a 10% increase to its quarterly common stock dividend to $0.5775 per share, raising the annual indicated dividend to $2.31 per share (up $0.21 vs. 2025). The Board cited continued financial strength and shareholder returns. The company noted 2026 will mark the 88th consecutive year of dividend payments. The first-quarter dividend is payable on March 10, 2026 to shareholders of record on February 13, 2026.
Otter Tail Corporation (NASDAQ:OTTR) appointed Chris Clark and Steve Rasche to its Board of Directors, effective January 1, 2026. Outgoing director Steve Fritze will retire at the company’s Annual Meeting of Shareholders in April 2026.
Clark retired as President of Xcel Energy for MN/ND/SD in 2023 and brings regulatory and regulated-energy experience. Rasche retired as CFO of Spire Inc. in 2025 and brings utility finance and risk-management expertise.
Summary not available.
Otter Tail Power (Nasdaq: OTTR) asked the Minnesota Public Utilities Commission to raise electric rates, starting with an interim 12.6% increase effective Jan 1, 2026 while the PUC conducts an 18–24 month review. A typical residential interim bill would rise about $13.15/month and a typical business bill about $43.67/month. The company anticipates a final PUC decision in Q1 2027, with final rates affecting bills in Q2–Q3 2027. If approved as filed, final rates would net approximately $44.8 million (17.7%) in higher revenue, equal to about $18.14/month for a typical residence and $73.20/month for a typical business.
The filing cites investments in aging infrastructure, 28% underground distribution, vegetation management, renewable generation transition, and inclusion of costs tied to exiting Coyote Station power by end of 2031.