Otter Tail Corporation (NASDAQ:OTTR) is set to post its quarterly earnings results after the market closes on Monday, August 7th. Analysts expect Otter Tail Corporation to post earnings of $0.41 per share for the quarter.

Shares of Otter Tail Corporation (NASDAQ:OTTR) opened at 40.45 on Friday. The stock has a market cap of $1.60 billion, a PE ratio of 23.53 and a beta of 0.78. Otter Tail Corporation has a one year low of $32.99 and a one year high of $42.55. The stock’s 50 day moving average price is $40.22 and its 200-day moving average price is $38.74.

The company also recently declared a quarterly dividend, which will be paid on Saturday, September 9th. Stockholders of record on Tuesday, August 15th will be paid a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 3.16%. The ex-dividend date is Friday, August 11th. Otter Tail Corporation’s dividend payout ratio (DPR) is presently 74.85%.

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In related news, CFO Kevin G. Moug sold 800 shares of the firm’s stock in a transaction that occurred on Monday, May 15th. The stock was sold at an average price of $37.25, for a total value of $29,800.00. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 1.40% of the stock is currently owned by company insiders.

OTTR has been the subject of a number of recent research reports. Zacks Investment Research raised Otter Tail Corporation from a “sell” rating to a “hold” rating in a research note on Wednesday, July 5th. BidaskClub downgraded Otter Tail Corporation from a “buy” rating to a “hold” rating in a research note on Thursday, June 22nd.

Otter Tail Corporation Company Profile

Otter Tail Corporation is a holding company. The Company operates through three segments: Electric, Manufacturing and Plastics. The Electric segment includes the production, transmission, distribution and sale of electric energy in Minnesota, North Dakota and South Dakota by Otter Tail Power Company (OTP).

Earnings History for Otter Tail Corporation (NASDAQ:OTTR)

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