Allete Inc (ALE)

Allete (ALE) Stock Price & Analysis


ALE Stock Chart & Stats

Day’s Range$0 - $0
52-Week Range$46.73 - $66.69
Previous Close$64.61
Average Volume (3M)309.17K
Market Cap
Enterprise Value$6.25B
Total Cash (Recent Filing)$36.40M
Total Debt (Recent Filing)$1.93B
Price to Earnings (P/E)19.0
May 04, 2023
2.62 (4.13%)
Share Statistics
EPS (TTM)3.41
Shares Outstanding57,252,864
10 Day Avg. Volume393,502
30 Day Avg. Volume309,166
Standard Deviation0.07
Financial Highlights & Ratios
Price to Book (P/B)1.40
Price to Sales (P/S)3.09
Price to Cash Flow (P/CF)15.60
P/FCF Ratio-10.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.98
Enterprise Value/Gross Profit13.99
Enterprise Value/Ebitda14.72
Price Target Upside-2.52% Downside
Rating ConsensusHold
Number of Analyst Covering5



Risk Analysis

Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services

Product Monthly Users

Sorry, No Data Available
There is no website visitor data available for this stock.



What was Allete Inc’s price range in the past 12 months?
Allete Inc lowest stock price was $46.73 and its highest was $66.69 in the past 12 months.
    What is Allete Inc’s market cap?
    Currently, no data Available
    When is Allete Inc’s upcoming earnings report date?
    Allete Inc’s upcoming earnings report date is May 04, 2023 which is in 44 days.
      How were Allete Inc’s earnings last quarter?
      Allete Inc released its earnings results on Feb 16, 2023. The company reported $0.9 earnings per share for the quarter, missing the consensus estimate of $1.163 by -$0.263.
        Is Allete Inc overvalued?
        According to Wall Street analysts Allete Inc’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
          Does Allete Inc pay dividends?
          Allete Inc pays a Quarterly dividend of $0.68 which represents an annual dividend yield of 4.13%. See more information on Allete Inc dividends here
            What is Allete Inc’s EPS estimate?
            Allete Inc’s EPS estimate is $1.18.
              How many shares outstanding does Allete Inc have?
              Allete Inc has 57,252,865 shares outstanding.
                What happened to Allete Inc’s price movement after its last earnings report?
                Allete Inc reported an EPS of $0.9 in its last earnings report, missing expectations of $1.163. Following the earnings report the stock price went up 2.217%.
                  Which hedge fund is a major shareholder of Allete Inc?
                  Among the largest hedge funds holding Allete Inc’s share is Hotchkis & Wiley Capital Management LLC. It holds Allete Inc’s shares valued at 10M.


                    Allete Stock Smart Score

                    The Allete stock analysis is based on the TipRanks Smart Score which is derived from 8 unique data sets including Analyst recommendations, Crowd Wisdom, Hedge Fund Activity, Media Sentiment and multiple Technical stock factors. The Smart Score is a quantitative, data-driven rating system and does not include human intervention.
                    Learn more about TipRanks Smart Score

                    Company Description

                    Allete Inc

                    ALLETE, Inc. engages in the provision of electric and natural gas utility services. It operates through the following business segments: Regulated Operations, ALLETE Clean Energy, U.S. Water Services, and Corporate and Other. The Regulated Operations segment includes regulated utilities; Minnesota Power; SWL&P; and investment in ATC, which regulates utilities that owns and maintains electric transmission assets. The ALLETE Clean Energy segment develops, acquires, and operates clean and renewable energy projects. The U.S. Water Services segment provides integrated water management for industry by combining chemical, equipment, engineering, and service for customized solutions to reduce water and energy usage and improve efficiency. The Corporate and Other segment consists of other business development and corporate expenditure of the firm. The company was founded in 1906 and is headquartered in Duluth, MN.


                    Forecast EPS vs Actual EPS

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