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Otis Worldwide Corporation

Otis Worldwide Corporation (OTIS)

97.13
-0.31
(-0.32%)
Closed June 14 4:00PM
97.13
0.00
( 0.00% )
Pre Market: 7:00AM

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Key stats and details

Current Price
97.13
Bid
-
Ask
-
Volume
9
0.00 Day's Range 0.00
73.32 52 Week Range 100.84
Market Cap
Previous Close
97.13
Open
-
Last Trade
1
@
97.13
Last Trade Time
08:44:36
Financial Volume
-
VWAP
-
Average Volume (3m)
1,952,981
Shares Outstanding
405,454,626
Dividend Yield
1.45%
PE Ratio
28.01
Earnings Per Share (EPS)
3.47
Revenue
14.21B
Net Profit
1.41B

About Otis Worldwide Corporation

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 ser... 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. Show more

Sector
Elec Eq-internl Combust Engn
Industry
Elec Eq-internl Combust Engn
Website
Headquarters
Wilmington, Delaware, USA
Founded
1970
Otis Worldwide Corporation is listed in the Elec Eq-internl Combust Engn sector of the New York Stock Exchange with ticker OTIS. The last closing price for Otis Worldwide was $97.13. Over the last year, Otis Worldwide shares have traded in a share price range of $ 73.32 to $ 100.84.

Otis Worldwide currently has 405,454,626 shares outstanding. The market capitalization of Otis Worldwide is $39.38 billion. Otis Worldwide has a price to earnings ratio (PE ratio) of 28.01.

OTIS Latest News

Otis Publishes 2023 ESG Report

Otis Publishes 2023 ESG Report PR Newswire FARMINGTON, Conn., June 12, 2024 Reinforces commitment to ESG in support of its business strategy FARMINGTON, Conn., June 12, 2024 /PRNewswire/ -- Otis...

Students Innovate to Improve Access to Urban Green Space

Students Innovate to Improve Access to Urban Green Space PR Newswire FARMINGTON, Conn., May 7, 2024 Schools earn grants as part of Made to Move Communitiesโ„ข Global Student Challenge, sponsored by...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-1.44-1.4608907375598.5798.85595.7706181594997.24977289CS
40.230.23735810113596.9100.8494.19218181597.92487882CS
12-2.33-2.3426503116899.46100.8490.57195298196.54551434CS
266.977.7307009760490.16100.8485.42202810193.66962769CS
529.410.714692807587.73100.8473.32195937989.05105816CS
15616.2120.032130499380.92100.8462.49211990082.42017381CS
26050.13106.65957446847100.8441.26236266274.64293971CS

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OTIS Discussion

View Posts
Monksdream Monksdream 2 months ago
OTIS 10Q due 4/24
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Monksdream Monksdream 3 months ago
OTIS new 52 week high
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bar1080 bar1080 1 year ago
More Q. OTIS Div Increases

Date Dividends
May 18, 2023 0.34 Dividend
Feb 16, 2023 0.29 Dividend
Nov 17, 2022 0.29 Dividend
Aug 18, 2022 0.29 Dividend
May 19, 2022 0.29 Dividend
Feb 17, 2022 0.24 Dividend
Nov 18, 2021 0.24 Dividend
Aug 19, 2021 0.24 Dividend
May 20, 2021 0.24 Dividend
Feb 11, 2021 0.20 Dividend
Nov 19, 2020 0.20 Dividend
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bar1080 bar1080 2 years ago
Another big dividend increase:

May 19, 2022 0.29 Dividend
Feb 17, 2022 0.24 Dividend
Nov 18, 2021 0.24 Dividend
Aug 19, 2021 0.24 Dividend
May 20, 2021 0.24 Dividend
Feb 11, 2021 0.20 Dividend
Nov 19, 2020 0.20 Dividend
Aug 20, 2020 0.20 Dividend
May 21, 2020 0.20 Dividend
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bar1080 bar1080 3 years ago
Otis all-time high $91!
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bar1080 bar1080 3 years ago
OTIS all-time high $81.
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bar1080 bar1080 3 years ago
"Otis Announces 20 Percent Increase in Quarterly Dividend to $0.24 per Share"

"FARMINGTON, Conn., April 19, 2021 /PRNewswire/ -- The Otis Worldwide Corporation (NYSE: OTIS) Board of Directors today declared a quarterly dividend of $0.24 per share of Otis' common stock, which represents a 20 percent increase over the prior quarter's dividend amount. The dividend will be payable on June 10, 2021, to shareholders of record at the close of business on May 21, 2021.

"This 20 percent dividend increase reflects confidence in our ability to generate strong free cash flow and drive value for shareholders," said President and CEO Judy Marks."

https://finance.yahoo.com/news/otis-announces-20-percent-increase-203600832.html
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bar1080 bar1080 3 years ago
$69.30 Friday was all-time high, I believe.
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bar1080 bar1080 3 years ago
Beware Scammy below market OTIS tender offer.

"Mon, January 11, 2021, 3:10 PM CST·3 min read
- Unsolicited mini-tender offer is below current market price for Otis shares

- Shareholders who have already tendered shares advised to withdraw

- Otis urges investors to review current share price, exercise caution and consult with advisors

FARMINGTON, Conn., Jan. 11, 2021 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) received notice of an unsolicited mini-tender offer by TRC Capital Investment Corporation ("TRC Capital") to purchase up to 2 million shares, or about 0.46 percent, of Otis's outstanding common stock at a price of $62.75 per share in cash. As TRC Capital's own offer document acknowledges, the offering price is approximately 4.62 percent below the closing price per share of Otis on Dec. 24, 2020, the last trading day before the mini-tender offer was commenced. Otis recommends that shareholders reject this unsolicited offer because the offer price is below the current market price for Otis shares. The offer also is subject to numerous conditions, including TRC Capital obtaining sufficient financing necessary to consummate the offer."

https://finance.yahoo.com/news/otis-recommends-shareholders-reject-trc-211000740.html
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bar1080 bar1080 4 years ago
Still doing nicely as this shows

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Panzer Panzer 4 years ago
Yes, I am still buying bigly. $50+
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bar1080 bar1080 4 years ago
RTX spinoff Carrier has been a huge winner, doubling since April.
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Panzer Panzer 4 years ago
Welcome, I still have my OTIS shares from UTX. And Carrier. RTX sucking wind should have sold.
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bar1080 bar1080 4 years ago
This board is for Otis Worldwide Corp, the elevator company, spun off from Raytheon Corp on 4-3-2020. Carrier was also spun off from RTX then.

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