Otter Tail Is Exhausting The Top Of Its Short-Term Potential [Seeking Alpha]
Otter Tail Corporation (OTTR)
Last otter tail corporation earnings: 2/17 05:00 pm
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US:NASDAQ Investor Relations:
otpco.com/about-us/investor-information
Company Research
Source: Seeking Alpha
Summary The optionality this electric utility picks up with its manufacturing businesses has really paid off for investors who got in before the U.S. Corporate tax breaks were priced in. Now trading near its all-time high, the company's stalled electric business growth and maxed out manufacturing businesses don't look appealing. With the stock price at $47.90 there appears to be more downside than upside in this name for the short and medium term. Otter Tail Corporation's ( OTTR ) unusual combination of businesses have given the company a robust position in terms of survival. Primary serving customers in the State of Minnesota, this unique company is a combination of a regulated electric utility with the kicker of also running a variety of manufacturing businesses. The idea of this business being barbelled with the electric utility backbone coupled with the more cyclical manufacturing business is appealing. It just doesn't make sense to buy it when its
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OTTR
News
- Otter Tail Corporation Will Host Conference Call on First Quarter 2024 Financial ResultsBusiness Wire
- With 61% ownership of the shares, Otter Tail Corporation (NASDAQ:OTTR) is heavily dominated by institutional owners [Yahoo! Finance]Yahoo! Finance
- Josh Reidy Builds Thread To Modernize The Power Grid [Forbes]Forbes
- Structural Steel Fabrication Market Set to Hit USD 217.6 billion by 2031, Rising at a CAGR of 4.3 % | Analysis by Transparency Market Research, Inc. [Yahoo! Finance]Yahoo! Finance
- Otter Tail Corporation (NASDAQ:OTTR) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
OTTR
Earnings
- 2/12/24 - Beat
OTTR
Sec Filings
- 4/10/24 - Form 8-K
- 4/9/24 - Form 4
- 4/9/24 - Form 4
- OTTR's page on the SEC website