Otter Tail Corp Stock Price, News & Analysis

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.

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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.

Otter Tail Corporation (Nasdaq: OTTR) will release third quarter 2025 financial results after market close on Monday, November 3, 2025. The company will host a live conference call and webcast on Tuesday, November 4, 2025 at 10:00 a.m. CT to discuss financial and operating performance.

Accompanying slides will be posted on the company's website before the webcast. A replay will be available shortly after the call. Pre-registration is required to obtain dial-in details; contact Beth Eiken at 701-451-3571 or beiken@ottertail.com for participation help.

Otter Tail Corporation (Nasdaq: OTTR) reported strong Q2 2025 financial results with diluted earnings per share of $1.85. The company increased its 2025 EPS guidance midpoint by $0.38 to $6.26, maintaining a robust 17% return on equity over trailing twelve months.

The Electric segment saw 14.1% revenue growth to $128.7 million, while the Manufacturing segment faced challenges with an 18.6% revenue decline to $78.7 million. The Plastics segment experienced a moderate 5.4% revenue decrease to $125.6 million but outperformed expectations with strong product demand and higher sales volumes.

The company maintains strong liquidity with $688.2 million available, including $307.2 million in cash. The Board declared a quarterly dividend of $0.525 per share, payable September 10, 2025.

Otter Tail Corporation (Nasdaq: OTTR) has scheduled its second quarter 2025 financial results announcement and conference call. The company will release Q2 2025 results after market close on Monday, August 4, 2025, followed by a live conference call and webcast on Tuesday, August 5, 2025, at 10:00 a.m. CT.

The presentation slides will be available on the company's website before the webcast. Investors can access the live webcast through www.ottertail.com/events-and-presentations and should pre-register to obtain dial-in details.

Otter Tail Power Company (NASDAQ: OTTR) has filed a request with the South Dakota Public Utilities Commission (PUC) for an electric rate increase of approximately $5.7 million. If approved, customers would see an average net increase of 12.5% in their rates. The company, which last requested a rate review in 2018, cites rising costs to maintain system reliability and meet growing electricity demand as reasons for the increase. The proposed rates may take effect December 1, 2025. If the PUC doesn't issue its decision within 180 days, Otter Tail Power can implement interim rates, with any excess charges refunded to customers with interest if final approved rates are lower.

Otter Tail Corporation (OTTR) reported Q1 2025 financial results with diluted earnings per share of $1.62 and net income of $68.1 million. The company affirmed its 2025 earnings guidance range of $5.68 to $6.08 per share. Key highlights include a 12% increase in quarterly dividend to $0.525 per share and available liquidity of $607 million. The Electric segment saw a 10% increase in net income, while Manufacturing segment experienced a 70.9% decline. The Plastics segment reported a 7.1% decrease in net income. The company expects its 2025 earnings mix to be approximately 39% from Electric and 61% from Manufacturing and Plastics segments. Otter Tail Power finalized its North Dakota rate case and continues to execute on renewable generation and transmission projects. The company projects a 9% compound annual growth rate in rate base from 2025 to 2029.