Snowflake Score | |
---|---|
Valuation | 3/6 |
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$63.51 |
52 Week High | US$65.86 |
52 Week Low | US$49.29 |
Beta | 0.74 |
1 Month Change | 0.79% |
3 Month Change | 10.74% |
1 Year Change | 1.50% |
3 Year Change | -9.12% |
5 Year Change | -25.00% |
Change since IPO | 300.85% |
Recent News & Updates
Recent updates
Little Excitement Around ALLETE, Inc.'s (NYSE:ALE) Earnings
Apr 29These 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 28Shareholder Returns
ALE | US Electric Utilities | US Market | |
---|---|---|---|
7D | 2.0% | 0.5% | -0.6% |
1Y | 1.5% | 11.5% | 21.7% |
Return vs Industry: ALE underperformed the US Electric Utilities industry which returned 11.5% over the past year.
Return vs Market: ALE underperformed the US Market which returned 21.7% over the past year.
Price Volatility
ALE volatility | |
---|---|
ALE Average Weekly Movement | 2.7% |
Electric Utilities Industry Average Movement | 2.6% |
Market Average Movement | 5.8% |
10% most volatile stocks in US Market | 15.6% |
10% least volatile stocks in US Market | 2.9% |
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 | 1,564 | 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$3.64b |
Earnings (TTM) | US$239.60m |
Revenue (TTM) | US$1.72b |
15.3x
P/E Ratio2.1x
P/S RatioIs ALE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
ALE income statement (TTM) | |
---|---|
Revenue | US$1.72b |
Cost of Revenue | US$1.23b |
Gross Profit | US$490.90m |
Other Expenses | US$251.30m |
Earnings | US$239.60m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
Earnings per share (EPS) | 4.15 |
Gross Margin | 28.57% |
Net Profit Margin | 13.94% |
Debt/Equity Ratio | 52.5% |
How did ALE perform over the long term?
See historical performance and comparison