Financhill
Back

ALLETE Stock Predictions

ALLETE Stock Forecast

  • Over the next 52 weeks, ALLETE has on average historically risen by 6.5% based on the past 51 years of stock performance.
  • ALLETE has risen higher in 34 of those 51 years over the subsequent 52-week period, corresponding to a historical accuracy of 66.67%
  • Is ALLETE Stock Undervalued?
    The current ALLETE [ALE] share price is $58.82. 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 6.5% based on the past 51 years of stock performance.

ALLETE Stock Rating

Sell
46
ALLETE (ALE) is a Sell

Is ALLETE overpriced?

  • ALLETE has risen higher in 34 of those 51 years over the subsequent 52-week period, corresponding to a historical accuracy of 66.67%

ALLETE Stock Price History

Is ALE stock going to rise?

  • Based on the share price being above its 5, 20 & 50 day exponential moving averages, the current trend is considered strongly bullish and ALE is experiencing buying pressure, which is a positive indicator for future bullish movement.

Stock Information

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:
3.39B
Price in USD:
58.82
Volume:
422.24K
Beta:
0.51

Technical Analysis

SMA50:
58.10
SMA100:
58.41
SMA200:
57.19
52-Wk Change:
-7.12%

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 58.82 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
Mar-8 57.68 57.76 58.23 57.38
Mar-11 57.59 58.35 58.51 57.59
Mar-12 58.02 57.56 58.02 57.11
Mar-13 57.66 57.75 58.10 57.46
Mar-14 57.43 57.42 57.59 56.75
Mar-15 57.53 58.33 58.36 57.42
Mar-18 58.12 57.87 58.21 57.47
Mar-19 57.98 57.85 58.49 57.56
Mar-20 57.64 57.98 58.10 57.46
Mar-21 58.03 58.45 59.24 57.87
Mar-22 58.82 58.53 58.90 58.45
Mar-25 58.50 58.52 59.01 58.39
Mar-26 58.50 57.58 58.50 57.55
Mar-27 58.04 58.82 58.90 58.04

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 $0.18 per share, an increase next quarter of $0.41 per share, a decrease this year of $0.45 per share, and an increase next year of $0.29 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.