OTIS Stock Recent News

FARMINGTON, Conn. , April 9, 2025 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) will host a conference call on Wednesday, April 23, 2025, at 8:30 a.m.

Upgrading Otis Worldwide to a Buy rating due to its defensive qualities and recent outperformance amid market volatility, reflecting investor confidence. Otis's service business, accounting for 85% of operating profit, offers stable, high-margin, recession-resistant cash flows, making it a strong defensive play. Despite its premium valuation, Otis's robust free cash flow and dividend growth, supported by share buybacks, make it an attractive investment in current market conditions.

Josh Brown, CEO of Ritholtz Wealth Management, joins CNBC's "Halftime Report" to explain why he's buying a stock in a sea of red.

Otis Worldwide's innovation ability reflects from its recent project win in Kaohsiung, Taiwan. Click here to learn more about the new project win.

Josh Brown, CEO of Ritholtz Wealth Management, joins CNBC's "Halftime Report" to reveal two more names on his "Best Stocks in the Market" list.

Otis Worldwide (OTIS) reported earnings 30 days ago. What's next for the stock?

Examine Otis Worldwide's (OTIS) international revenue patterns and their implications on Wall Street's forecasts and the prospective trajectory of the stock.

FARMINGTON, Conn. , Jan. 30, 2025 /PRNewswire/ -- The Otis Worldwide Corporation (NYSE: OTIS) Board of Directors today declared a quarterly dividend of $0.39 per share of Otis' common stock.

OTIS Q4 results hurt by a dismal New Equipment segment performance but gain from the Service segment. Dive in to get a clear picture about the quarter.

Otis Worldwide Corporation (NYSE:OTIS ) Q4 2024 Earnings Conference Call January 29, 2025 8:30 AM ET Company Participants Rob Quartaro - Vice President, Investor Relations Judy Marks - Chair, Chief Executive Officer and President Cristina Mendez - Executive Vice President and Chief Financial Officer Conference Call Participants Joseph O'Dea - Wells Fargo Rob Wertheimer - Melius Research Amit Mehrotra - UBS Nigel Coe - Wolfe Research Julian Mitchell - Barclays Jeffrey Sprague - Vertical Research Partners Steve Tusa - JPMorgan Chris Snyder - Morgan Stanley Nick Housden - RBC Capital Markets Miguel Borrega - BNP Paribas Operator Good morning and welcome to Otis' Fourth Quarter 2024 Earnings Conference Call. This call is being carried live on the Internet and recorded for replay.