After Hours
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Stocks Info
Otis Worldwide Corp is listed on the NYSE in the Industrials sector while operating in the Specialty Industrial Machinery industry. The current market capitalization of Otis Worldwide Corp is $38.94B. A total of 1.48 million shares were traded on the day, compared to an average of 1.90M shares.
In the most recent transaction, de Montlivault Stephane sold 18,393 shares of OTIS for 91.10 per share on Feb 21 ’24. After the transaction, the President, Otis Asia Pacific now owns 67,274 company shares. In a previous transaction on Feb 20 ’24, LaFreniere Nora E. sold 22,106 shares at 90.87 per share. OTIS shares that EVP, General Counsel owns now total 24,927.
Among the insiders who sold shares, Ryan Michael Patrick disposed of 3,522 shares on Feb 20 ’24 at a per-share price of $90.77. This resulted in the SVP, CAO & Controller holding 756 shares of OTIS after the transaction. In another insider transaction, Marks Judith Fran sold 37,312 shares at $91.83 per share on Feb 07 ’24. Company shares held by the Chair, CEO & President now total 192,319.
Dividend
The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Otis Worldwide Corp pays an annual dividend of $1.36, resulting in a dividend yield of 1.42%, and it has a price to earnings (P/E) ratio of 28.32. OTIS’s most recent ex-dividend date was 2/15/2024 when it declared a $0.34 quarterly dividend that was paid in cash on 3/8/2024. Previously, the company paid the dividend on 12/8/2023 with an ex-dividend date of 11/16/2023. The OTIS stock dividend was $0.34 per share in cash.
Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, OTIS has a high of $100.35 and a low of $73.32.
As of this writing, OTIS has an earnings estimate of $Oil States International, Inc. per share for the current quarter. EPS was calculated based on a consensus of Otis Worldwide Corporation estimates, with a high estimate of $OTIS WORLDWIDE CORP per share and a lower estimate of $OSI Systems, Inc..
Balance Sheet Annually/Quarterly
As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. OTIS’s latest balance sheet shows that the firm has $1.56B in Cash & Short Term Investments as of fiscal 2021. There were $7.79B in debt and $6.25B in liabilities at the time. Its Book Value Per Share was -$12.11, while its Total Shareholder’s Equity was -$2.98B.
Analysts Opinion
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for OTIS is Buy with a score of 3.78.
