Otter Tail Seeks 12.5% Revenue Increase in South Dakota

Otter Tail ( (OTTR) ) has provided an announcement.

On June 4, 2025, Otter Tail Power Company, a subsidiary of Otter Tail Corporation, filed a request with the South Dakota Public Utilities Commission for a 12.5% increase in annual revenue, amounting to $5.7 million. This request includes changes in the cost and investment recovery mechanism, shifting from riders to base rates, with the proposed rate change to be effective upon the commission’s final decision or 180 days from the filing date, subject to potential refunds.

The most recent analyst rating on (OTTR) stock is a Buy with a $83.00 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

Average Trading Volume: 251,666

Technical Sentiment Signal: Sell

Current Market Cap: $3.25B

Find detailed analytics on OTTR stock on TipRanks’ Stock Analysis page.