OTIS icon

Otis Worldwide (OTIS)

NYSE

$92.56

$1.10 (

+1.20%

)

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5D
1M
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Market closed

OTIS: $92.56 / ₿ 0.0015 BTC / 145482 Sats

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5D
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Key statistics

$91.46
$84.00 - $106.83
$35.98B
-13.87
$91.04
$3,967,139.82
388.72M
26.45
$65.00 - $104.00
1.82
$90.57 - $92.55
Yes

What is Otis Worldwide (OTIS)?

Otis Worldwide Corp 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.

The Otis Worldwide (OTIS) stock price has been rising

The Otis Worldwide Corporation (OTIS) stock price today is $92.56, reflecting a +1.20% move since the market opened. The company’s market capitalization stands at $35.98B, with a daily trading volume of $3.97M shares. For investors tracking price trends, Otis Worldwide Corporation stock has ranged between $90.57 and $92.55 today. The previous closing price was $91.46.

Get started with Otis Worldwide (OTIS)

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OTIS FAQs

OTIS is in the Industrials sector. Sector is a broad classification that groups companies based on their business activities, industry focus or economic function.

OTIS is in the Specialty Industrial Machinery industry. Industry is a more specific classification within a sector, grouping companies that operate in a similar field and have closely related business models.

Over the past 52 weeks, Otis Worldwide Corporation (OTIS) has traded between a low of $84.00 and a high of $106.83.

OTIS is in the Industrial Products industry group. Industry group is a further subdivision within an industry, grouping companies with even more closely related business models and operations. This helps investors analyze stocks at a more detailed level than sector and industry classifications alone.

OTIS’s payout ratio is 0.47. Payout ratio is a financial metric used to measure the proportion of a company's earnings that are paid out as dividends to shareholders.

OTIS’s trailing dividend yield is 1.82. Trailing dividend yield is a financial metric used to measure the return on investment from a company's dividend payments over the past 12 months.

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