Otis Worldwide
(NYSE:OTIS)
$64.29
-1.48[-2.25%]
Last update: 10:16AM
Day Range64.19 - 65.3652 Wk Range64.61 - 88.22Open / Close65.36 / -Float / Outstanding420M / 420.2M
Vol / Avg.190.2K / 2.1MMkt Cap27BP/E22.6850d Avg. Price74.28
Div / Yield1.16/1.76%Payout Ratio34.83Total Float420MEPS0.76

Otis Worldwide Stock (NYSE:OTIS), Quotes and News Summary

Otis Worldwide Stock (NYSE: OTIS)

Day Range64.19 - 65.3652 Wk Range64.61 - 88.22Open / Close65.36 / -Float / Outstanding420M / 420.2M
Vol / Avg.190.2K / 2.1MMkt Cap27BP/E22.6850d Avg. Price74.28
Div / Yield1.16/1.76%Payout Ratio34.83Total Float420MEPS0.76
Sector: Industrials.Industry: Machinery
Otis is the largest global elevator and escalator supplier by revenue with around one quarter of share excluding Japan. In 1854 Otis' founder and namesake, Elisha Graves Otis, invented a safety mechanism that prevented elevators from falling if the hoisting cable failed.The company's product and service lifecycle begins with installations of elevator units in new buildings, later selling maintenance services on the units, and eventually replacement of the units after the average 15-20 year useful life of an elevator. As the largest global OEM, over decades Otis has built a base of 2 million elevators under service. Its business model is much the same as that of its competitors Kone, Schindler, and Thyssenkrupp.

Earnings

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Q3 2022Est.ActualSurprise
EPS
(EXPECTED)2022-10-24
REV
Q2 2022Est.ActualSurprise
EPS0.7800.860 0.0800
REV3.600B3.488B-112.000M

Analyst Ratings

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DateAnalyst FirmAnalyst NameActionRatingAction Price Prior Price Target

Otis Worldwide Questions & Answers

Q
How do I buy Otis Worldwide (OTIS) stock?
A

You can purchase shares of Otis Worldwide (NYSE: OTIS) through any online brokerage.

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Q
Who are Otis Worldwide's (OTIS) competitors?
Q
What is the target price for Otis Worldwide (OTIS) stock?
A

The latest price target for Otis Worldwide (NYSE: OTIS) was reported by Credit Suisse on Thursday, July 28, 2022. The analyst firm set a price target for 80.00 expecting OTIS to rise to within 12 months (a possible 24.44% upside). 15 analyst firms have reported ratings in the last year.

Q
Current Stock Price for Otis Worldwide (OTIS)?
A

The stock price for Otis Worldwide (NYSE: OTIS) is $64.29 last updated Today at September 29, 2022, 2:16 PM UTC.

Q
Does Otis Worldwide (OTIS) pay a dividend?
A

A quarterly cash dividend of $0.29 per share of Class A Common Stock. The quarterly cash dividend was payable on September 10, 2022 to stockholders of record on August 18, 2022.

Q
When is Otis Worldwide (NYSE:OTIS) reporting earnings?
A

Otis Worldwide’s Q3 earnings are confirmed for Monday, October 24, 2022.

Q
Is Otis Worldwide (OTIS) going to split?
A

There is no upcoming split for Otis Worldwide.

Q
What sector and industry does Otis Worldwide (OTIS) operate in?
A

Otis Worldwide is in the Industrials sector and Machinery industry. They are listed on the NYSE.