Otter Tail Corp. (OTTR) Issues FY14 Earnings Guidance
Otter Tail Corp. (NASDAQ:OTTR) updated its FY14 earnings guidance on Tuesday. The company provided earnings per share guidance of $1.55-1.75 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.54, Stock Ratings News reports.
Otter Tail Corp. (NASDAQ:OTTR) opened at 27.67 on Tuesday. Otter Tail Corp. has a 52-week low of $25.84 and a 52-week high of $31.88. The stock has a 50-day moving average of $28.46 and a 200-day moving average of $28.63. The company has a market cap of $1.004 billion and a price-to-earnings ratio of 24.71.
The company also recently declared a quarterly dividend, which is scheduled for Monday, March 10th. Stockholders of record on Friday, February 14th will be given a dividend of $0.3025 per share. This represents a $1.21 dividend on an annualized basis and a yield of 4.37%. The ex-dividend date of this dividend is Wednesday, February 12th. This is a boost from Otter Tail Corp.’s previous quarterly dividend of $0.30.
Otter Tail Corporation is a holding company operating through its subsidiaries. It operates in five segments.
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