Otis Worldwide (OTIS) - Stock Price & Dividends

Exchange: USA Stocks • Country: United States • Currency: USD • Type: Common Stock • ISIN: US68902V1070

Otis Worldwide Corporation is a leading company that specializes in manufacturing, installing, and maintaining elevators and escalators across the globe, including in the United States and China. The corporation operates through two key segments: New Equipment and Service.

The New Equipment division focuses on creating, selling, and setting up a variety of elevators, escalators, and moving walkways for both residential and commercial buildings, as well as infrastructure projects. This segment caters to real estate developers, building firms, and general contractors, providing products directly to customers and via agents and distributors.

On the other hand, the Service segment offers maintenance, repair, and modernization services to enhance and upgrade existing elevators and escalators. With a rich history dating back to its founding in 1853, Otis Worldwide Corporation is based in Farmington, Connecticut, dedicated to ensuring the safe and efficient movement of people worldwide. For more information, visit their website at https://www.otis.com.

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Drawdown (Underwater) Chart

Drawdown / Underwater Chart for Otis Worldwide (OTIS) - Stock Price & Dividends

OTIS Stock Overview

Market Cap in USD 36,471m
Sector Industrials
Industry Specialty Industrial Machinery
GiC SubIndustry Industrial Machinery & Supplies & Components
TER 0.00%
IPO / Inception 2020-03-19

OTIS Stock Ratings

Fundamental 6.62
Dividend 7.21
Growth 5y 7.18
Rel. Performance vs Sector -0.66
Analysts 3.60
Fair Price Total Ret. 92.90
Fair Price DCF 100.66

OTIS Dividends

Yield 12m 1.45%
Yield on Cost 5y 3.18%
Dividends CAGR 5y 13.12%
Payout Consistency 100.0%

OTIS Growth Ratios

Growth 12m 12.68%
Growth Correlation 12m 31%
Growth Correlation 3m 54%
CAGR 5y 21.97%
CAGR / Mean Drawdown 2.66
Sharpe Ratio 12m 0.41
Alpha vs SP500 12m -15.70
Beta vs SP500 5y weekly 0.94
CAPM 7.83%
Average Daily Range 2m 1.29%
Regime Oscillator 91.06
Volatility GJR Garch 1y 17.08%
Price / SMA 50 5.19%
Price / SMA 200 10.62%
Current Volume 1356.2k
Average Volume 20d 2167.6k

External Links for OTIS Stock

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Fund Manager Positions
What is the price of OTIS stocks?
As of February 28, 2024, the stock is trading at USD 93.85 with a total of 1,356,163 shares traded.
Over the past week, the price has changed by +3.11%, over one month by +6.29%, over three months by +10.57% and over the past year by +13.52%.
Why is OTIS stock down?
Check with which Index or Commodity OTIS has the highest Correlation, do they have a common driver?
Review the Fundamentals to find weaknesses (Debt, low returns). Check the Performance of the Peer-Group to find out, if the entire sector is under pressure.
Period Return OTIS Return S&P 500
1 Month 6.29% 4.00%
3 Months 10.57% 11.99%
12 Months 13.52% 29.39%
What is the forecast for OTIS stock price target?
According to ValueRays Forecast Model, OTIS Otis Worldwide will be worth about 102.3 in February 2025. The stock is currently trading at 93.85. This means that the stock has a potential upside of +9.04%.
Issuer Forecast Upside
Wallstreet Target Price 94.1 0.3%
Analysts Target Price 88.7 -5.5%
ValueRay Target Price 102.3 9.0%