Otis Worldwide Corp. (OTIS): Price and Financial Metrics


Otis Worldwide Corp. (OTIS)

Today's Latest Price: $64.00 USD

0.88 (-1.36%)

Updated Jan 25 3:20pm

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Overall POWR Rating

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Industry Rank:

Ranked of 88 in Industrial - Machinery

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OTIS Price/Volume Stats

Current price $64.00 52-week high $68.21
Prev. close $64.88 52-week low $38.00
Day low $62.00 Volume 2,842,167
Day high $64.61 Avg. volume 2,299,069
50-day MA $65.78 Dividend yield 1.23%
200-day MA $60.13 Market Cap 27.72B

Otis Worldwide Corp. (OTIS) Company Bio

Otis Worldwide Corp. engages in the manufacture, installation, and provision of escalator and escalator services. It operates through the New Equipment and Service segments. The New Equipment segment designs, manufactures, sells, and installs a wide range of passenger and freight elevators. The Service segment offers maintenance and repair services; and modernization services to upgrade elevators and escalators. The company was founded by Elisha Graves Otis in 1853 and is headquartered in Farmington, CT.

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OTIS Latest News Stream

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Latest OTIS News From Around the Web

Below are the latest news stories about Otis Worldwide Corp that investors may wish to consider to help them evaluate OTIS as an investment opportunity.

Otis Recommends Shareholders Reject TRC Capital "Mini-Tender" Offer

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. Otis also recomm...

Yahoo | January 11, 2021

OSC announces new Registrant Advisory Committee members

TORONTO, Jan. 8, 2021 /CNW/ -  The Ontario Securities Commission (OSC) announced today the membership of the Registrant Advisory Committee (RAC) for the 2020-2021 term.

Yahoo | January 8, 2021

Otis recalling private home elevators reports of 'crushed spine and abdomen' and other injuries

Otis Worldwide Corp.'s subsidiary Otis Elevator Co., and former Otis sub CemcoLift Elevators Systems, is recalling about 5,000 private residence elevators, after at least four incidents that resulted in "a crushed spine and abdomen, fractured hip, broken arm and feet and bruising to the face and chest." The recall involves "Otis and CemcoLift Private Residence Elevators" made in the U.S.A. and purchased from 1999 to 2012 at a cost of about $20,000 to buy and install. "Children can become entrapped in the space between the exterior landing (hoistway) door and the interior elevator car door or gate, and suffer serious injuries or death when the elevator is called to another floor," according to a statement on the Consumer Product Safety Commission's website. Otis shares, which rose 1.0% ...

Yahoo | December 17, 2020

15 Largest Elevator Companies in the World

In this article we take a look at the 15 largest elevator companies in the world. Click to skip ahead and jump to the 5 largest elevator companies in the world. So what are the largest elevator companies in the world? In a very niche and specialized industry with a few big players and scattered […]

Yahoo | December 12, 2020

Billionaire George Soros’ Top 10 Dividend Stocks To Buy Now

In this article, we presented billionaire George Soros’ top 10 dividend stocks to buy now. Click to skip ahead and see George Soros’ top 5 dividend stocks to buy now. Billionaire investor George Soros is known for his short-term speculations and investments in various asset classes, meaning the Hungarian-American hedge fund manager invests money relatively […]

Yahoo | December 10, 2020

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OTIS Price Returns

1-mo N/A
3-mo 3.59%
6-mo 0.15%
1-year N/A
3-year N/A
5-year N/A
YTD -5.26%
2020 N/A
2019 N/A
2018 N/A
2017 N/A
2016 N/A

OTIS Dividends

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