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Otter Tail Corporation (OTTR)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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61.52-0.16 (-0.26%)
At close: 04:00PM EDT
61.52 0.00 (0.00%)
After hours: 05:00PM EDT

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  • G
    GNOME ON THE RANGE
    I got an alert (8/3/2022) from my VG brokerage company that Maxim Research Group has raised the price target on OTTR to $95 from $78 and maintains their buy rating. That’s quite a price target adjustment, I sold a few (20%) shares after the earnings spike. Good luck & great investing!
  • G
    GNOME ON THE RANGE
    WOW...great earnings & great guidance.
  • B
    B.A.
    Totally agree Anonymous ! Good call.
  • M
    Metalmeister
    I am not surprised at all. Followed smart investors here. GLTA
  • B
    B.A.
    OTTR continues to have a shareholder focus that matches up against the realities of a non-coal energy production capability. Naturally, it never hurts to have Mr. Gate's fund as a long shareholder. The recent announcement regarding the Merricourt wind farm project continues to support OTTR's balanced energy production goals. Buy it, hold it, ignore all the media and market place noise. Find a nice corner in your investment portfolio for OTTR and forget about it. I did, 20 years ago.
  • R
    Russ B
    This is a very old company based in Minnesota where I was born and raised. It won't make you rich, but you'll be happy you bought it over the long haul.
  • G
    GNOME ON THE RANGE
    Great earnings and super guidance, “We are increasing our 2022 diluted earnings per share guidance to $5.15 to $5.45 in light of first quarter results and the forecast for the remainder of 2022, driven by currently expected performance in our Plastics segment.”

    The infrastructure law supplies almost $50 billion to EPA for improving our nation’s drinking water, wastewater, and stormwater infrastructure. I have been picking up shares of OTTR for the last 3 months and some of the water utility companies (AWK, CWT, MSEX, SJW & YORW) as they drop lower. I bet OTTR gets an upgrade this week, any thoughts.
  • R
    Rich
    What a great quarter. This stock holder likes the mix of businesses and the investment in wind power generation. Time will tell if the substantial contribution of the plastic pipe division is transitory. Good luck to all.
  • B
    B.A.
    Great quarter OTTR. The Merricourt Project is now poised to begin contribution to earnings and the renewable story. Add the Hoot Lake solar project into the existing grid and you have two nice wins occuring within the next 12 month earnings run rate. Management has a steady hand on the direction of the Utility and a growing Midwest economy to profit from. Today's 7.16% move was the strongest percentage in my 10 figure portfolio. My grandkids thank you.
  • M
    Musi
    Gates owns OTTR...never heard that Buffet of Berkshire owns It though...I;m a buy & hold guy
  • M
    Metalmeister
    Earnings great. Core Stock IMHO. Ignore the noise.
  • M
    Mad Max
    Time to re-balance in this crazy market. I am moving some money from Bonds to Utilities like Ottr. Nice dividend along with growth potential.
  • J
    JimmelG
    Just writing to get something said about this stock. Great stock for the long run. Surprised it is not being mentioned or posted on more.
  • t
    thomas
    This company has various products it is not just a electric utility. Everybody misses that.
  • B
    B.A.
    OTTR cleared $50 today, well in advance of Q3-end. Perhaps $54 by year-end.
  • B
    B.A.
    Mad Max - Look to MO (Altria) for a solid dividend greater than 7%. However, you will need to turn a blind eye to their business model.

    An equal weighting of MO and a hand-picked Utilities portfolio will yield average total dividends far greater than any bond fund - now or into the future. The balance also keeps the dollars in the market, available to capture possible capital appreciation opportunities. OTTR has been a holding in my utilities portfolio since 2008.
  • M
    MichaelM
    this stock has been rippin & tearin for a while now. Go PVC!
  • A
    Anonymous
    We will see how Otter's 2.3% annual dividend stacks up in higher interest rate environment. Series-I savings bonds currently pay 7.12% (variable). When held 5 years. State tax free. Maximum purchase $10,000 per calendar year. Got plenty more than that in OTTR right now.
  • A
    Anonymous
    Bad day for the Dow, but utilities holding up well.
  • R
    Richard
    OTTR has been a solid investment over the past 20 years. You don’t get rich quick owning utilities. But good to have a few shares of utilities in a portfolio