OTIS WORLDWIDE CORP

NYSE: OTIS (Otis Worldwide Corporation)

Last update: 22 Jun, 10:43AM

95.92

-0.68 (-0.70%)

Market Trend

Short Term Medium Term
Industry Specialty Industrial Machinery (US) Mixed Bullish
Specialty Industrial Machinery (Global) Mixed Bullish
Stock Otis Worldwide Corporation Bearish Bullish

Stockmoo Score

-1.3

Similar Stocks

Stock Market Cap DY P/E P/B
OTIS 39 B 1.12% 27.72 -
AME 39 B 0.49% 29.26 4.09
ROK 30 B 1.89% 25.83 8.72
DOV 25 B 0.85% 17.33 4.52
IEX 16 B 1.28% 27.40 4.29
PNR 14 B 1.07% 21.44 4.10

Otis is the largest global elevator and escalator supplier by revenue with around 18% global market share. 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- to 20-year useful life of an elevator. As the largest global OEM, Otis has amassed an installed base under service that exceeds 2 million elevators. Its business model is similar to that of its closest competitors Kone, Schindler, and TK Elevator.

Sector Industrials
Industry Specialty Industrial Machinery
Investment Style Mid Core
52 Weeks Range
73.32 (-23%) — 100.84 (5%)
Price Target Range
95.00 (-0%) — 97.00 (1%)
High 97.00 (Morgan Stanley, 1.13%) Hold
Median 96.00 (0.08%)
Low 95.00 (Wells Fargo, -0.96%) Hold
Average 96.00 (0.08%)
Total 2 Hold
Avg. Price @ Call 92.73
Firm Date Target Price Call Price @ Call
Morgan Stanley 06 Sep 2024 97.00 (1.13%) Hold 92.43
Wells Fargo 25 Jul 2024 95.00 (-0.96%) Hold 93.03
10 Jul 2024 100.00 (4.25%) Hold 96.87

No data within this time range.

TTM Dividend Yield 1.12%
4Y Average Dividend Yield 1.21%
Expected Next Dividend Payment Sep 2024
Ex Date Announcement Date Payment Date Details
16 May 2024 23 Apr 2024 07 Jun 2024 0.39 Cash
15 Feb 2024 01 Feb 2024 08 Mar 2024 0.34 Cash
16 Nov 2023 26 Oct 2023 08 Dec 2023 0.34 Cash
17 Aug 2023 27 Jul 2023 08 Sep 2023 0.34 Cash
18 May 2023 25 Apr 2023 09 Jun 2023 0.34 Cash
16 Feb 2023 02 Feb 2023 10 Mar 2023 0.29 Cash
17 Nov 2022 27 Oct 2022 10 Dec 2022 0.29 Cash
18 Aug 2022 28 Jul 2022 10 Sep 2022 0.29 Cash
19 May 2022 22 Apr 2022 10 Jun 2022 0.29 Cash
17 Feb 2022 03 Feb 2022 10 Mar 2022 0.24 Cash
18 Nov 2021 28 Oct 2021 10 Dec 2021 0.24 Cash
19 Aug 2021 29 Jul 2021 10 Sep 2021 0.24 Cash
20 May 2021 19 Apr 2021 10 Jun 2021 0.24 Cash
11 Feb 2021 04 Feb 2021 10 Mar 2021 0.2 Cash
19 Nov 2020 18 Sep 2020 10 Dec 2020 0.2 Cash
20 Aug 2020 27 Jul 2020 10 Sep 2020 0.2 Cash
21 May 2020 06 May 2020 10 Jun 2020 0.2 Cash
Show more

Annual Dividend Yield

Year Annual Dividend ($) Frequency/Year Yield %
2024 0.730 2 0.76
2023 1.31 4 1.46
2022 1.11 4 1.42
2021 0.920 4 1.06
2020 0.600 3 0.89

The support, resistance and trendline levels presented has been generated by an artificial intelligence (AI) model and should be interpreted with caution.

Portfolio

Template

Your price alert

Risk Profile

| | | | |
Conservative
Moderate Conservative
Moderate
Moderate Aggressive
Aggressive
Margin of Safety (EP)
Partial Profit (TP1)
Target Profit (TP2)
Maximum Loss (SL)

Disclaimer: The above is for illustrative purposes only and is NOT investment advice. Seek advice from a qualified financial professional.

Entry Price (EP)

Take Profit 1 (TP1)

Take Profit 2 (TP2)

Stop Loss (SL)

52W Range
 
52WL
 
52WH
SL
EP
TP1
TP2

All alert prices are within 52 weeks price range

Realized Profit -
Unrealized Profit -
Dividend Received 2024 -
Total Profit -
Avg. Return -
Quantity (Buy) -
Avg. Price (Buy) -
Quantity (Sold) -
Avg. Price (Sold) -
No stocks matching your criteria