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ALLETE Stock Predictions

ALLETE Stock Forecast

  • Over the next 52 weeks, ALLETE has on average historically risen by 7.3% based on the past 50 years of stock performance.
  • ALLETE has risen higher in 33 of those 50 years over the subsequent 52-week period, corresponding to a historical accuracy of 66%
  • Is ALLETE Stock Undervalued?
    The current ALLETE [ALE] share price is $58.60. The Score for ALE is 46, which is 8% below its historic median score of 50, and infers higher risk than normal.
  • ALE is currently trading in the 40-50% percentile range relative to its historical Stock Score levels.

Will ALLETE Stock Go Up Next Year?

  • Over the next 52 weeks, ALLETE has on average historically risen by 7.3% based on the past 50 years of stock performance.

ALLETE Stock Rating

Sell
46
ALLETE (ALE) is a Sell

Is ALLETE overpriced?

  • ALLETE has risen higher in 33 of those 50 years over the subsequent 52-week period, corresponding to a historical accuracy of 66%

ALLETE Stock Price History

Is ALE stock going to rise?

  • Based on the share price being below its 5, 20 & 50 day exponential moving averages, the current trend is considered strongly bearish and ALE is experiencing slight selling pressure.

Stock Info

Exchange:
NYSE
Country:
United States
Industry:
Utilities - Diversified
Sector:
Utilities
Type:
stock
Website:
allete.com

52-Week Data

52-Week High:
66.69
52-Week Low:
49.29

Prediction Charts

Market Cap:
3.3B
Price in USD:
58.60
Volume:
365.08K
Beta:
0.51

Technical Analysis

SMA50:
60.16
SMA100:
57.20
SMA200:
57.72
52-Wk Change:
-2.25%

Stock Predictions

  • Is ALLETE stock public?
    Yes, ALLETE is a publicly traded company.
  • What is the ALLETE stock quote today?
    The ALLETE stock price is 58.60 USD today.
  • How to buy ALLETE stock online?
    You can buy ALLETE shares by opening an account at a top tier brokerage firm, such as TD Ameritrade or tastyworks.

14-Day Historical Data

Date Opening Closing Minimum Maximum
Jan-30 59.53 59.60 59.87 58.83
Jan-31 60.00 59.11 60.29 59.04
Feb-1 58.92 60.44 60.49 58.59
Feb-2 59.81 59.08 60.02 58.51
Feb-5 58.49 57.94 58.59 57.77
Feb-6 57.78 58.21 58.39 57.75
Feb-7 58.30 58.20 58.38 58.00
Feb-8 58.01 57.75 58.06 57.46
Feb-9 57.54 58.29 58.53 57.54
Feb-12 58.30 59.13 59.43 58.12
Feb-13 58.23 57.11 58.62 56.82
Feb-14 56.63 57.41 57.49 56.28
Feb-15 57.73 58.71 58.87 57.73
Feb-16 58.71 58.60 59.17 58.21

ALLETE Earnings

ALLETE Earnings Report: Per Share ALLETE Earnings Q1 Q2 Q3 and Q4 last year and next year.

ALLETE Forecast Revenue Growth

ALLETE Stock Analysis: Historical quarterly revenues per share for ALLETE and historical quarterly revenue growth:

  • Analysts estimate an earnings decrease this quarter of $0.17 per share, a decrease next quarter of $0.00 per share, a decrease this year of $0.27 per share, and an increase next year of $0.20 per share.

* ALLETE stock forecasts short-term for next days and weeks may differ from long term prediction for next month and year based on timeline differences.