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Otis Worldwide Corporation

Otis Worldwide Corporation (OTIS)

94.66
1.46
( 1.57% )
Updated: 06:46:04

Your Hub for Real-Time streaming quotes, Ideas and Live Discussions

Key stats and details

Current Price
94.66
Bid
-
Offer
-
Volume
939,714
93.66 Day's Range 94.99
85.42 52 Week Range 106.33
Market Cap
Previous Close
93.20
Open
93.99
Last Trade
14
@
94.665
Last Trade Time
06:46:05
Financial Volume
US$ 88,524,177
VWAP
94.2033
Average Volume (3m)
1,857,195
Shares Outstanding
399,460,524
Dividend Yield
1.65%
PE Ratio
26.94
Earnings Per Share (EPS)
3.52
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
-
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 US$93.20. Over the last year, Otis Worldwide shares have traded in a share price range of US$ 85.42 to US$ 106.33.

Otis Worldwide currently has 399,460,524 shares in issue. The market capitalisation of Otis Worldwide is US$37.23 billion. Otis Worldwide has a price to earnings ratio (PE ratio) of 26.94.

OTIS Latest News

Otis Authorizes $2 Billion for Share Repurchase

Otis Authorizes $2 Billion for Share Repurchase PR Newswire FARMINGTON, Conn., Jan. 16, 2025 FARMINGTON, Conn., Jan. 16, 2025 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) today...

Otis Fourth Quarter 2024 Earnings Advisory

Otis Fourth Quarter 2024 Earnings Advisory PR Newswire FARMINGTON, Conn., Jan. 8, 2025 FARMINGTON, Conn., Jan. 8, 2025 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) will host a...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
14.024.4351279788290.6494.9990.12202331691.66643113CS
41.81.9384018953392.8694.9990.12172904192.38640143CS
12-8.28-8.04352049738102.94103.2190.12185719597.54183309CS
26-5-5.0170579971999.66106.3390.12203988097.3498347CS
528.7810.22356776985.88106.3385.42201976896.30298465CS
15611.6113.979530403483.05106.3362.49210178284.68561694CS
26047.66101.40425531947106.3341.26232455577.06530001CS

OTIS - Frequently Asked Questions (FAQ)

What is the current Otis Worldwide share price?
The current share price of Otis Worldwide is US$ 94.66
How many Otis Worldwide shares are in issue?
Otis Worldwide has 399,460,524 shares in issue
What is the market cap of Otis Worldwide?
The market capitalisation of Otis Worldwide is USD 37.23B
What is the 1 year trading range for Otis Worldwide share price?
Otis Worldwide has traded in the range of US$ 85.42 to US$ 106.33 during the past year
What is the PE ratio of Otis Worldwide?
The price to earnings ratio of Otis Worldwide is 26.94
What is the cash to sales ratio of Otis Worldwide?
The cash to sales ratio of Otis Worldwide is 2.67
What is the reporting currency for Otis Worldwide?
Otis Worldwide reports financial results in USD
What is the latest annual turnover for Otis Worldwide?
The latest annual turnover of Otis Worldwide is USD 14.21B
What is the latest annual profit for Otis Worldwide?
The latest annual profit of Otis Worldwide is USD 1.41B
What is the registered address of Otis Worldwide?
The registered address for Otis Worldwide is CORPORATION TRUST CENTER, 1209 ORANGE STREET, WILMINGTON, DELAWARE, 19801
What is the Otis Worldwide website address?
The website address for Otis Worldwide is www.otis.com
Which industry sector does Otis Worldwide operate in?
Otis Worldwide operates in the ELEC EQ-INTERNL COMBUST ENGN sector

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OTIS Discussion

View Posts
Monksdream Monksdream 4 months ago
OTIS new 52 week high
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bar1080 bar1080 5 months ago
This is nice... Again
Date.... Dividend
Aug 16, 2024 0.39 Dividend
May 16, 2024 0.39 Dividend
Feb 15, 2024 0.34 Dividend
Nov 16, 2023 0.34 Dividend
Aug 17, 2023 0.34 Dividend
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
Aug 20, 2020 0.20 Dividend
May 21, 2020 0.20 Dividend
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Monksdream Monksdream 9 months ago
OTIS 10Q due 4/24
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Monksdream Monksdream 10 months ago
OTIS new 52 week high
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bar1080 bar1080 2 years 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
👍️0
bar1080 bar1080 3 years ago
Otis all-time high $91!
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bar1080 bar1080 4 years ago
OTIS all-time high $81.
👍️0
bar1080 bar1080 4 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 4 years ago
$69.30 Friday was all-time high, I believe.
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bar1080 bar1080 4 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
👍️0
bar1080 bar1080 4 years ago
Still doing nicely as this shows

👍️0
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.
👍️0
Panzer Panzer 4 years ago
Welcome, I still have my OTIS shares from UTX. And Carrier. RTX sucking wind should have sold.
👍️0
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.

Welcome.
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