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ALE

ALLETE NYSE:ALE Stock Report

Last Price

US$64.70

Market Cap

US$3.7b

7D

-2.0%

1Y

3.9%

Updated

08 Dec, 2022

Data

Company Financials +
ALE fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance5/6
Financial Health2/6
Dividends4/6

ALE Stock Overview

ALLETE, Inc. operates as an energy company.

ALLETE, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for ALLETE
Historical stock prices
Current Share PriceUS$64.70
52 Week HighUS$68.61
52 Week LowUS$47.77
Beta0.74
1 Month Change18.54%
3 Month Change6.07%
1 Year Change3.94%
3 Year Change-17.91%
5 Year Change-15.71%
Change since IPO59.01%

Recent News & Updates

A Look At The Intrinsic Value Of ALLETE, Inc. (NYSE:ALE)

Dec 04
A Look At The Intrinsic Value Of ALLETE, Inc. (NYSE:ALE)

Allete Stock Compares Favorably To Bond ETFs IEF And ILTB

Nov 16

ALLETE Q3 2022 Earnings Preview

Nov 08

Recent updates

A Look At The Intrinsic Value Of ALLETE, Inc. (NYSE:ALE)

Dec 04
A Look At The Intrinsic Value Of ALLETE, Inc. (NYSE:ALE)

The Returns On Capital At ALLETE (NYSE:ALE) Don't Inspire Confidence

Nov 02
The Returns On Capital At ALLETE (NYSE:ALE) Don't Inspire Confidence

Here's Why ALLETE (NYSE:ALE) Is Weighed Down By Its Debt Load

Oct 18
Here's Why ALLETE (NYSE:ALE) Is Weighed Down By Its Debt Load

An Intrinsic Calculation For ALLETE, Inc. (NYSE:ALE) Suggests It's 22% Undervalued

Aug 29
An Intrinsic Calculation For ALLETE, Inc. (NYSE:ALE) Suggests It's 22% Undervalued

The Returns On Capital At ALLETE (NYSE:ALE) Don't Inspire Confidence

Jul 27
The Returns On Capital At ALLETE (NYSE:ALE) Don't Inspire Confidence

Is ALLETE (NYSE:ALE) Using Too Much Debt?

Jul 11
Is ALLETE (NYSE:ALE) Using Too Much Debt?

New Forecasts: Here's What Analysts Think The Future Holds For ALLETE, Inc. (NYSE:ALE)

May 11
New Forecasts: Here's What Analysts Think The Future Holds For ALLETE, Inc. (NYSE:ALE)

Is There An Opportunity With ALLETE, Inc.'s (NYSE:ALE) 27% Undervaluation?

May 04
Is There An Opportunity With ALLETE, Inc.'s (NYSE:ALE) 27% Undervaluation?

Some Investors May Be Worried About ALLETE's (NYSE:ALE) Returns On Capital

Mar 28
Some Investors May Be Worried About ALLETE's (NYSE:ALE) Returns On Capital

ALLETE (NYSE:ALE) Is Increasing Its Dividend To US$0.65

Feb 08
ALLETE (NYSE:ALE) Is Increasing Its Dividend To US$0.65

Calculating The Intrinsic Value Of ALLETE, Inc. (NYSE:ALE)

Jan 15
Calculating The Intrinsic Value Of ALLETE, Inc. (NYSE:ALE)

Some Investors May Be Worried About ALLETE's (NYSE:ALE) Returns On Capital

Dec 20
Some Investors May Be Worried About ALLETE's (NYSE:ALE) Returns On Capital

A Look At The Fair Value Of ALLETE, Inc. (NYSE:ALE)

Oct 14
A Look At The Fair Value Of ALLETE, Inc. (NYSE:ALE)

ALLETE's (NYSE:ALE) Returns On Capital Not Reflecting Well On The Business

Sep 08
ALLETE's (NYSE:ALE) Returns On Capital Not Reflecting Well On The Business

ALLETE (NYSE:ALE) Has No Shortage Of Debt

Jul 30
ALLETE (NYSE:ALE) Has No Shortage Of Debt

Estimating The Intrinsic Value Of ALLETE, Inc. (NYSE:ALE)

Jun 25
Estimating The Intrinsic Value Of ALLETE, Inc. (NYSE:ALE)

ALLETE (NYSE:ALE) Will Will Want To Turn Around Its Return Trends

May 26
ALLETE (NYSE:ALE) Will Will Want To Turn Around Its Return Trends

ALLETE (NYSE:ALE) Has A Somewhat Strained Balance Sheet

Apr 28
ALLETE (NYSE:ALE) Has A Somewhat Strained Balance Sheet

Key Things To Consider Before Buying ALLETE, Inc. (NYSE:ALE) For Its Dividend

Apr 10
Key Things To Consider Before Buying ALLETE, Inc. (NYSE:ALE) For Its Dividend

A Look At The Intrinsic Value Of ALLETE, Inc. (NYSE:ALE)

Mar 15
A Look At The Intrinsic Value Of ALLETE, Inc. (NYSE:ALE)

ALLETE, Inc. (NYSE:ALE) Has Fared Decently But Fundamentals Look Uncertain: What Lies Ahead For The Stock?

Mar 02
ALLETE, Inc. (NYSE:ALE) Has Fared Decently But Fundamentals Look Uncertain: What Lies Ahead For The Stock?

Are ALLETE's (NYSE:ALE) Statutory Earnings A Good Guide To Its Underlying Profitability?

Feb 17
Are ALLETE's (NYSE:ALE) Statutory Earnings A Good Guide To Its Underlying Profitability?

Returns On Capital Tell Us A Lot About ALLETE (NYSE:ALE)

Feb 05
Returns On Capital Tell Us A Lot About ALLETE (NYSE:ALE)

Is ALLETE (NYSE:ALE) Using Too Much Debt?

Jan 24
Is ALLETE (NYSE:ALE) Using Too Much Debt?

Is ALLETE, Inc. (NYSE:ALE) Popular Amongst Institutions?

Jan 11
Is ALLETE, Inc. (NYSE:ALE) Popular Amongst Institutions?

Did ALLETE, Inc. (NYSE:ALE) Insiders Sell Shares?

Dec 30
Did ALLETE, Inc. (NYSE:ALE) Insiders Sell Shares?

What Type Of Returns Would ALLETE's(NYSE:ALE) Shareholders Have Earned If They Purchased Their SharesYear Ago?

Dec 18
What Type Of Returns Would ALLETE's(NYSE:ALE) Shareholders Have Earned If They Purchased Their SharesYear Ago?

Should You Buy ALLETE, Inc. (NYSE:ALE) For Its Dividend?

Dec 06
Should You Buy ALLETE, Inc. (NYSE:ALE) For Its Dividend?

ALLETE, Inc.'s (NYSE:ALE) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?

Nov 24
ALLETE, Inc.'s (NYSE:ALE) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?

Shareholder Returns

ALEUS Electric UtilitiesUS Market
7D-2.0%0.1%-2.8%
1Y3.9%-0.2%-19.6%

Return vs Industry: ALE exceeded the US Electric Utilities industry which returned -1.3% over the past year.

Return vs Market: ALE exceeded the US Market which returned -21.2% over the past year.

Price Volatility

Is ALE's price volatile compared to industry and market?
ALE volatility
ALE Average Weekly Movement4.8%
Electric Utilities Industry Average Movement4.4%
Market Average Movement7.4%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market3.3%

Stable Share Price: ALE is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: ALE's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19061,476Bethany Owenhttps://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

How do ALLETE's earnings and revenue compare to its market cap?
ALE fundamental statistics
Market CapUS$3.70b
Earnings (TTM)US$199.50m
Revenue (TTM)US$1.54b

18.5x

P/E Ratio

2.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ALE income statement (TTM)
RevenueUS$1.54b
Cost of RevenueUS$1.08b
Gross ProfitUS$461.70m
Other ExpensesUS$262.20m
EarningsUS$199.50m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)3.49
Gross Margin29.90%
Net Profit Margin12.92%
Debt/Equity Ratio58.5%

How did ALE perform over the long term?

See historical performance and comparison

Dividends

4.0%

Current Dividend Yield

71%

Payout Ratio