| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 1/6 |
| Past Performance | 4/6 |
| Financial Health | 3/6 |
| Dividends | 5/6 |
Rewards
Risk Analysis
ALLETE, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$58.49 |
| 52 Week High | US$65.10 |
| 52 Week Low | US$49.29 |
| Beta | 0.75 |
| 1 Month Change | 1.11% |
| 3 Month Change | -0.39% |
| 1 Year Change | -9.30% |
| 3 Year Change | -17.36% |
| 5 Year Change | -26.93% |
| Change since IPO | 269.16% |
Recent News & Updates
These 4 Measures Indicate That ALLETE (NYSE:ALE) Is Using Debt Extensively
Apr 11
ALLETE (NYSE:ALE) Will Pay A Larger Dividend Than Last Year At $0.705
Feb 12Allete: I Continue To Be Bullish On This Quality Business
Feb 10Recent updates
These 4 Measures Indicate That ALLETE (NYSE:ALE) Is Using Debt Extensively
Apr 11ALLETE (NYSE:ALE) Will Pay A Larger Dividend Than Last Year At $0.705
Feb 12Allete: I Continue To Be Bullish On This Quality Business
Feb 10ALLETE (NYSE:ALE) Will Pay A Larger Dividend Than Last Year At $0.705
Jan 29Calculating The Intrinsic Value Of ALLETE, Inc. (NYSE:ALE)
Jan 19There's No Escaping ALLETE, Inc.'s (NYSE:ALE) Muted Earnings
Dec 19Allete: An Undervalued Company With Excellent Opportunity
Nov 23ALLETE (NYSE:ALE) Ticks All The Boxes When It Comes To Earnings Growth
Nov 07ALLETE (NYSE:ALE) May Have Issues Allocating Its Capital
Oct 09A Look At The Intrinsic Value Of ALLETE, Inc. (NYSE:ALE)
Sep 24ALLETE (NYSE:ALE) Takes On Some Risk With Its Use Of Debt
Sep 06Allete: A Potential Buy In Renewable Energy
Aug 30Allete's Q2 Performance: Generating Energy And Enthusiasm
Aug 11Be Wary Of ALLETE (NYSE:ALE) And Its Returns On Capital
Jun 26Is ALLETE, Inc. (NYSE:ALE) Worth US$62.0 Based On Its Intrinsic Value?
Jun 09ALLETE (NYSE:ALE) Use Of Debt Could Be Considered Risky
May 24ALLETE (NYSE:ALE) Is Increasing Its Dividend To $0.6775
May 07Need To Know: Analysts Are Much More Bullish On ALLETE, Inc. (NYSE:ALE) Revenues
May 05A Look At The Intrinsic Value Of ALLETE, Inc. (NYSE:ALE)
Mar 10Here's Why ALLETE (NYSE:ALE) Is Weighed Down By Its Debt Load
Feb 21Allete: Dividend Play, Leading The Renewables Transition
Feb 15ALLETE (NYSE:ALE) Will Want To Turn Around Its Return Trends
Feb 06ALLETE 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 08Shareholder Returns
| ALE | US Electric Utilities | US Market | |
|---|---|---|---|
| 7D | -0.7% | -0.2% | -3.7% |
| 1Y | -9.3% | -5.8% | 20.2% |
Return vs Industry: ALE underperformed the US Electric Utilities industry which returned -6.4% over the past year.
Return vs Market: ALE underperformed the US Market which returned 20.5% over the past year.
Price Volatility
| ALE volatility | |
|---|---|
| ALE Average Weekly Movement | 2.8% |
| Electric Utilities Industry Average Movement | 2.9% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: ALE has not had significant price volatility in the past 3 months.
Volatility Over Time: ALE's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1906 | 1,537 | Bethany Owen | 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$3.37b |
| Earnings (TTM) | US$247.10m |
| Revenue (TTM) | US$1.88b |
13.6x
P/E Ratio1.8x
P/S RatioIs ALE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ALE income statement (TTM) | |
|---|---|
| Revenue | US$1.88b |
| Cost of Revenue | US$1.39b |
| Gross Profit | US$489.90m |
| Other Expenses | US$242.80m |
| Earnings | US$247.10m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
May 09, 2024
| Earnings per share (EPS) | 4.29 |
| Gross Margin | 26.06% |
| Net Profit Margin | 13.15% |
| Debt/Equity Ratio | 52.6% |
How did ALE perform over the long term?
See historical performance and comparison