Education
About Us
Working with TipRanks
Follow Us
Otter Tail Corp. (OTTR)
NASDAQ:OTTR
Earnings Data
Report Date
May 04, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
1.49Last Year’s EPS
1.62Same Quarter Last Year
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call conveyed clear strengths in the regulated electric utility business — solid rate base growth (10% five-year CAGR), positive electric segment momentum (7% YoY and projected +14% in 2026), strong liquidity ($386M cash) and a sector-leading ROE of 16% — along with disciplined capital planning and shareholder-friendly actions (10% dividend increase). Offsetting these positives are meaningful near-term headwinds in the Manufacturing and Plastics segments (Plastics down 15% in 2025 and an expected ~36% decline in 2026), declines in consolidated EPS (9% YoY) and project/timing risks on transmission and large loads. Management expects Plastics to normalize by 2028 and reiterated no external equity needs through 2030. Overall the operational and financial foundation is solid, but near-term earnings pressure from non-utility segments and some project timing risks balance the upside.Company Guidance
Full-Year EPS and Guidance Context
Reported 2025 diluted EPS of $6.55 (down 9% YoY) and the result was toward the upper end of 2025 guidance; initiating 2026 EPS guidance range of $5.22–$5.62 with a midpoint of $5.42.
Electric Segment Strength
Electric segment earnings increased over 7% year-over-year (increase of $0.16 per share) driven by rate base recovery, higher residential and commercial sales volumes and favorable weather vs 2024; Electric segment expected to increase 14% in 2026 supported by a 14% increase in average rate base.
Rate Case Progress and Interim Revenues
Minnesota interim rate revenues of $28.6M effective 01/01/2026 and South Dakota interim rate revenues of $5.7M effective 12/01/2025 (both subject to refund); anticipate final Minnesota rates in mid-2027.
Rate Base Growth and Capital Plan
Reaffirmed five-year Otter Tail Power rate base compounded annual growth rate (CAGR) of 10% with a five-year capital spending plan totaling $1.9B; company expects near one-to-one conversion of rate base growth into EPS growth.
Renewables and Storage Investments
Completed wind repowering (expected +20% output and additional 10 years of renewable tax credits); advancing battery storage project (75 MW, 4-hour duration, ~$120M capex) with Minnesota rider recovery approved and expected online in 2028; Solway Solar construction underway and Abercrombie Solar development assets acquired (Solway operational ~2026/early 2027; Abercrombie 2028).
Strong Balance Sheet and Liquidity
Ended 2025 with $386M cash on hand; reported utility sector-leading return on equity of 16% on an equity layer of 63%; balance sheet expected to fund capital plan without external equity through at least 2030.
Dividend Increase and Shareholder Return Targets
Announced a 10% dividend increase to an annual indicated dividend of $2.31 per share (second consecutive double-digit increase); targeting long-term EPS growth of 7%–9% and targeted total shareholder return of 10%–12%.
Manufacturing and Plastics Capacity Investments
New BTD Georgia facility ready, Vinyltech phase two near completion and Northern Pipe Products pursuing a ~20M pound capacity increase (available ~2028); Plastics sales volumes increased 8% YoY supporting recovery opportunities.
Plastics Input Cost Improvement
Material input costs, including PVC resin, decreased ~14% year-over-year, partially offsetting declines in average sales prices.
No Parent-Level Equity Need and Debt Plan
Plan to retire $80M parent-level debt maturing later this year and not replace it, leaving no outstanding parent-level debt; intend to issue debt at utility level annually to fund investments while maintaining authorized capital structure.
OTTR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
OTTR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 16, 2026 | $88.16 | $86.68 | -1.68% |
Nov 03, 2025 | $76.96 | $80.95 | +5.18% |
Aug 04, 2025 | $74.77 | $79.39 | +6.19% |
May 05, 2025 | $78.92 | $73.56 | -6.80% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Otter Tail Corp. (OTTR) report earnings?
Otter Tail Corp. (OTTR) is schdueled to report earning on May 04, 2026, After Close (Confirmed).
What is Otter Tail Corp. (OTTR) earnings time?
Otter Tail Corp. (OTTR) earnings time is at May 04, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is OTTR EPS forecast?
OTTR EPS forecast for the fiscal quarter 2026 (Q1) is 1.49.