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.
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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 (OTTR) has announced it will release its first quarter 2025 financial results after market close on Monday, May 5, 2025. The company will host a live conference call and webcast to discuss its financial and operating performance on Tuesday, May 6, 2025, at 10:00 a.m. CT.
Presentation slides will be available on the company's website prior to the webcast. Investors can access the live webcast through www.ottertail.com/events-and-presentations. A recording of the webcast will be available on the 's website shortly after the call.
Otter Tail (OTTR) reported record earnings for 2024 with diluted earnings per share of $7.17 and a consolidated return on equity of 19.3%. The company's Electric segment achieved a 7.7% growth, with an updated five-year rate base compound annual growth rate of 9.0%. The Plastics segment generated record earnings of $201 million, while the Manufacturing segment faced softened end market demand.
The company's consolidated cash from operations reached a record $452.7 million in 2024, up from $404.5 million in 2023. Capital expenditures totaled $358.7 million, primarily in the Electric segment. The company maintains strong liquidity with $606.3 million available.
Looking ahead, Otter Tail has increased its long-term earnings per share growth rate target to 6-8% and initiated 2025 diluted earnings per share guidance of $5.68 to $6.08, reflecting Electric segment growth of approximately 7% but expecting declines in Plastics and Manufacturing segments.
Otter Tail (OTTR) has announced a 12.3% increase in its quarterly dividend to $0.525 per share, bringing the annual indicated dividend rate to $2.10 per share. This represents a $0.23 increase over the 2024 rate. The company's CEO Chuck MacFarlane attributed this double-digit increase to Otter Tail's strong financial position and commitment to shareholder value.
The first quarter dividend will be paid on March 10, 2025, to shareholders of record on February 14, 2025. This marks the company's 87th consecutive year of dividend payments on common stock. Future annual dividend increases are expected to align with the company's long-term earnings per share growth rate target.