ALE Stock Overview
ALLETE, Inc. operates as an energy company.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 1/6 |
| Past Performance | 5/6 |
| Financial Health | 2/6 |
| Dividends | 4/6 |
My Notes
NewNotes are coming soon
ALLETE, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$62.65 |
| 52 Week High | US$68.46 |
| 52 Week Low | US$47.77 |
| Beta | 0.75 |
| 1 Month Change | -4.26% |
| 3 Month Change | 15.27% |
| 1 Year Change | -1.01% |
| 3 Year Change | -23.63% |
| 5 Year Change | -10.36% |
| Change since IPO | 53.98% |
Recent News & Updates
ALLETE raises dividend by 4.28% to $0.6775
Feb 03A Look At The Intrinsic Value Of ALLETE, Inc. (NYSE:ALE)
Dec 04
Allete Stock Compares Favorably To Bond ETFs IEF And ILTB
Nov 16Recent updates
ALLETE raises dividend by 4.28% to $0.6775
Feb 03A Look At The Intrinsic Value Of ALLETE, Inc. (NYSE:ALE)
Dec 04Allete Stock Compares Favorably To Bond ETFs IEF And ILTB
Nov 16ALLETE Q3 2022 Earnings Preview
Nov 08The Returns On Capital At ALLETE (NYSE:ALE) Don't Inspire Confidence
Nov 02ALLETE declares $0.65 dividend
Oct 28Here's Why ALLETE (NYSE:ALE) Is Weighed Down By Its Debt Load
Oct 18An Intrinsic Calculation For ALLETE, Inc. (NYSE:ALE) Suggests It's 22% Undervalued
Aug 29ALLETE GAAP EPS of $0.61 misses by $0.02, revenue of $373.1M beats by $30.28M; reaffirms FY earning guidance
Aug 03ALLETE declares $0.65 dividend
Jul 28The Returns On Capital At ALLETE (NYSE:ALE) Don't Inspire Confidence
Jul 27Is ALLETE (NYSE:ALE) Using Too Much Debt?
Jul 11New Forecasts: Here's What Analysts Think The Future Holds For ALLETE, Inc. (NYSE:ALE)
May 11Is There An Opportunity With ALLETE, Inc.'s (NYSE:ALE) 27% Undervaluation?
May 04Allete Stock: Maintaining A Buy Rating
Apr 26Some Investors May Be Worried About ALLETE's (NYSE:ALE) Returns On Capital
Mar 28ALLETE (NYSE:ALE) Is Increasing Its Dividend To US$0.65
Feb 08Allete Update: Double-Digit Returns Still On Offer
Jan 17Calculating The Intrinsic Value Of ALLETE, Inc. (NYSE:ALE)
Jan 15Some Investors May Be Worried About ALLETE's (NYSE:ALE) Returns On Capital
Dec 20A Look At The Fair Value Of ALLETE, Inc. (NYSE:ALE)
Oct 14Allete: Double-Digit Returns On Offer
Sep 13ALLETE's (NYSE:ALE) Returns On Capital Not Reflecting Well On The Business
Sep 08ALLETE (NYSE:ALE) Has No Shortage Of Debt
Jul 30Estimating The Intrinsic Value Of ALLETE, Inc. (NYSE:ALE)
Jun 25ALLETE (NYSE:ALE) Will Will Want To Turn Around Its Return Trends
May 26ALLETE, Inc. 2021 Q1 - Results - Earnings Call Presentation
May 07ALLETE Q1 2021 Earnings Preview
May 05ALLETE (NYSE:ALE) Has A Somewhat Strained Balance Sheet
Apr 28Key Things To Consider Before Buying ALLETE, Inc. (NYSE:ALE) For Its Dividend
Apr 10A Look At The Intrinsic Value Of ALLETE, Inc. (NYSE:ALE)
Mar 15ALLETE, Inc. (NYSE:ALE) Has Fared Decently But Fundamentals Look Uncertain: What Lies Ahead For The Stock?
Mar 02Are ALLETE's (NYSE:ALE) Statutory Earnings A Good Guide To Its Underlying Profitability?
Feb 17
Returns On Capital Tell Us A Lot About ALLETE (NYSE:ALE)
Feb 05ALLETE raises dividend by 2% to $0.63 per share
Feb 04Is ALLETE (NYSE:ALE) Using Too Much Debt?
Jan 24Is ALLETE, Inc. (NYSE:ALE) Popular Amongst Institutions?
Jan 11Did ALLETE, Inc. (NYSE:ALE) Insiders Sell Shares?
Dec 30Allete: Potential Returns Above 25%, Manageable Risk
Dec 28What Type Of Returns Would ALLETE's(NYSE:ALE) Shareholders Have Earned If They Purchased Their SharesYear Ago?
Dec 18Should You Buy ALLETE, Inc. (NYSE:ALE) For Its Dividend?
Dec 06ALLETE, Inc.'s (NYSE:ALE) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?
Nov 24ALLETE EPS beats by $0.14, beats on revenue; FY20 earnings guidance
Nov 09ALLETE declares $0.6175 dividend
Oct 30Shareholder Returns
| ALE | US Electric Utilities | US Market | |
|---|---|---|---|
| 7D | 2.7% | -1.3% | 1.7% |
| 1Y | -1.0% | 0.4% | -9.6% |
Return vs Industry: ALE underperformed the US Electric Utilities industry which returned 0.4% over the past year.
Return vs Market: ALE exceeded the US Market which returned -9.6% over the past year.
Price Volatility
| ALE volatility | |
|---|---|
| ALE Average Weekly Movement | 3.4% |
| Electric Utilities Industry Average Movement | 3.3% |
| Market Average Movement | 6.7% |
| 10% most volatile stocks in US Market | 17.5% |
| 10% least volatile stocks in US Market | 2.8% |
Stable Share Price: ALE is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: ALE's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1906 | 1,476 | Bethany Owen | https://www.allete.com |
ALLETE, Inc. operates as an energy company. The company operates through Regulated Operations, ALLETE Clean Energy, and Corporate and Other segments. It generates electricity from coal-fired, biomass co-fired / natural gas, hydroelectric, wind, and solar.
ALLETE, Inc. Fundamentals Summary
| ALE fundamental statistics | |
|---|---|
| Market Cap | US$3.58b |
| Earnings (TTM) | US$199.50m |
| Revenue (TTM) | US$1.54b |
18.0x
P/E Ratio2.3x
P/S RatioIs ALE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ALE income statement (TTM) | |
|---|---|
| Revenue | US$1.54b |
| Cost of Revenue | US$1.08b |
| Gross Profit | US$461.70m |
| Other Expenses | US$262.20m |
| Earnings | US$199.50m |
Last Reported Earnings
Sep 30, 2022
Next Earnings Date
Feb 16, 2023
| Earnings per share (EPS) | 3.49 |
| Gross Margin | 29.90% |
| Net Profit Margin | 12.92% |
| Debt/Equity Ratio | 58.5% |
How did ALE perform over the long term?
See historical performance and comparison