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Allete Inc (ALE)
:ALE
ALE Stock Chart & Stats
Day’s Range― - ―
52-Week Range$61.51 - $65.99
Previous CloseN/A
Volume252.01K
Average Volume (3M)386.20K
Market Cap
$3.78B
Enterprise Value$6.06B
Total Cash (Recent Filing)$32.50M
Total Debt (Recent Filing)$713.40M
Price to Earnings (P/E)21.0
Beta0.14
Next Earnings
May 08, 2025EPS Estimate
1.02Next Dividend Ex-Date
May 15, 2025Dividend Yield4.36%
Share Statistics
EPS (TTM)3.10
Shares Outstanding57,962,040
10 Day Avg. Volume318,940
30 Day Avg. Volume386,196
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.00
Price to Cash Flow (P/CF)0.00
P/FCF Ratio0.00
Enterprise Value/Market Cap1.60
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit5.19
Enterprise Value/Ebitda12.59
Forecast
1Y Price Target
$67.00Price Target Upside2.68% Upside
Rating ConsensusHold
Number of Analyst Covering1
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Allete News
PremiumCompany Announcements
Allete Appoints Colin Anderson as Chief Accounting Officer
PremiumCompany Announcements
Allete Appoints Jeffrey Scissons as New CFO
PremiumCompany Announcements
ALLETE, Inc. Reports Decline in 2024 Earnings
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Ownership Overview
0.45% Insiders
21.06% Mutual Funds
0.12% Other Institutional Investors
49.43% Public Companies and
Individual Investors
ALE FAQ
What was Allete Inc’s price range in the past 12 months?
Allete Inc lowest stock price was $61.51 and its highest was $65.99 in the past 12 months.
What is Allete Inc’s market cap?
Allete Inc’s market cap is $3.78B.
When is Allete Inc’s upcoming earnings report date?
Allete Inc’s upcoming earnings report date is May 08, 2025 which is in 5 days.
How were Allete Inc’s earnings last quarter?
Allete Inc released its earnings results on Feb 13, 2025. The company reported $0.92 earnings per share for the quarter, missing the consensus estimate of $1.115 by -$0.195.
Is Allete Inc overvalued?
According to Wall Street analysts Allete Inc’s price is currently Undervalued.
Does Allete Inc pay dividends?
Allete Inc pays a Quarterly dividend of $0.73 which represents an annual dividend yield of 4.36%. See more information on Allete Inc dividends here
What is Allete Inc’s EPS estimate?
Allete Inc’s EPS estimate is 1.02.
How many shares outstanding does Allete Inc have?
Allete Inc has 57,962,040 shares outstanding.
What happened to Allete Inc’s price movement after its last earnings report?
Allete Inc reported an EPS of $0.92 in its last earnings report, missing expectations of $1.115. Following the earnings report the stock price went down -0.031%.
Which hedge fund is a major shareholder of Allete Inc?
Currently, no hedge funds are holding shares in ALE
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Allete Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$67.00 (2.68% Upside)
$67.00 (2.68% Upside)
Blogger Sentiment
Bullish
ALE Sentiment 70%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 860.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▼ 1.2%
Last 30 Days ▲ 1.4%
Last 30 Days ▲ 1.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
13.03%
12-Months-Change
Fundamentals
Return on Equity
6.34%
Trailing 12-Months
Asset Growth
0.36%
Trailing 12-Months
Company Description
Allete Inc
Allete Inc. (ALE) is an energy company based in Duluth, Minnesota, primarily engaged in the generation, transmission, and distribution of electricity. The company operates through several segments, including Regulated Operations, which encompasses its utility operations in Minnesota and Wisconsin through Minnesota Power and Superior Water, Light and Power, and its Clean Energy segment, BNI Energy, which provides lignite coal to Minnesota Power and other industrial customers. Allete is committed to providing sustainable energy solutions, including investments in renewable energy projects and infrastructure.
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ALE Stock 12 Month Forecast
Average Price Target
$67.00
▲(2.68% Upside)
Technical Analysis
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