Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
The latest update is out from Otter Tail ( (OTTR) ).
On March 27, 2025, Otter Tail Power Company entered into a Note Purchase Agreement to issue $100 million in senior unsecured notes, with the Series 2025B Notes being issued on June 5, 2025, for $50 million. The proceeds will be used for capital expenditures, refinancing, and general corporate purposes, while the agreement imposes various financial and operational restrictions on OTP.
The most recent analyst rating on (OTTR) stock is a Hold with a $81.00 price target. To see the full list of analyst forecasts on Otter Tail stock, see the OTTR Stock Forecast page.
Spark’s Take on OTTR Stock
According to Spark, TipRanks’ AI Analyst, OTTR is a Neutral.
The overall stock score reflects a balanced perspective, with strong financial performance and attractive valuation offset by mixed earnings call results and neutral technical analysis. The company’s strategic initiatives and solid balance sheet provide a stable foundation, but macroeconomic uncertainties and segment-specific challenges require monitoring.
To see Spark’s full report on OTTR stock, click here.
More about Otter Tail
Otter Tail Corporation operates in the energy sector through its wholly owned subsidiary, Otter Tail Power Company (OTP), which focuses on providing electric utility services.
Average Trading Volume: 249,958
Technical Sentiment Signal: Sell
Current Market Cap: $3.21B
For detailed information about OTTR stock, go to TipRanks’ Stock Analysis page.