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ALLETE Quote, Financials, Valuation and Earnings

ALLETE Price Quote

$64.55
+0.08 (+0.12%)
(Updated: July 26, 2024 at 6:55 PM ET)

ALLETE Key Stats

Sell
41
ALLETE (ALE) is a Sell

Day range:
$64.27 - $64.90
52-week range:
$49.29 - $65.86
Dividend yield:
4.29%
P/E ratio:
14.99
P/S ratio:
2.16
P/B ratio:
1.32%

Volume:
526.8K
Avg. volume:
467K
1-year change:
11.1%
Market cap:
$3.7B
Revenue:
$1.9B
EPS:
$4.16

How Much Does ALLETE Make?

  • How Much Are ALLETE's Sales Annually?
    ALE Revenues are $1.9B
  • How Much Profit Does ALLETE's Make A Year?
    ALE net income is $247.1M

Is ALLETE Growing As A Company?

  • What Is ALLETE's Growth Rate Quarterly?
    Quarterly YoY revenue growth is -0.29%
  • What Is ALLETE's EPS Quarterly YoY Growth Rate?
    Quarterly, year-over-year diluted EPS growth rate is -0.14%

ALLETE Stock Price Performance

  • Did ALLETE Stock Go Up Last Month?
    ALLETE share price went up by 2.91% last month
  • Did ALE's Share Price Rise Over The Last Year?
    ALE share price rose by 11.1% over the past 1 year

What Is ALLETE 52-Week High & Low?

  • What Is ALLETE’s 52-Week High Share Price?
    ALLETE has traded as high as $65.86 over the past 52 weeks
  • What Is ALLETE’s 52-Week Low Share Price?
    ALLETE has traded as low as $49.29 over the past 52 weeks

ALLETE Price To Free Cash Flow

  • Is ALLETE Stock Overvalued?
    ALLETE is trading at a price to free cash flow ratio of 12.73
  • Is ALLETE Stock Undervalued?
    ALLETE EV to Free Cash Flow ratio is 20.82
  • What Is ALLETE’s Price Earnings Growth Ratio?
    ALE PEG ratio is 0.50
  • Is ALLETE Trading At A Premium To Earnings?
    ALLETE EV to EBIT ratio is 20.86

Is It Risky To Buy ALLETE?

  • How Much Debt Does ALLETE Have?
    Total long term debt quarterly is $1.8B
  • How Much Cash Does ALLETE Have?
    Cash and short term investments quarterly total is $32M
  • What Is ALLETE’s Book Value Per Share?
    Book value per share is 48.95

Is ALLETE Cash Flow Positive?

  • What Is ALE Cash Flow From Operations?
    Cash flow from operations (TTM) is $553M
  • What Is ALLETE’s Cash Flow From Financing?
    Cash flow from financing (TTM) is -$282.6M
  • What Is ALLETE’s Cash Flow From Investing?
    Cash flow from investing (TTM) is -$269.7M

ALLETE Return On Invested Capital

  • Is Management Doing A Good Job?
    ALE return on invested capital is 4.6%
  • What Is ALLETE Return On Assets?
    ROA measures how assets are converting to revenues and is 3.61%
  • What Is ALE Return On Equity?
    ROE is a measure of profitability and is 7.07%

ALLETE Earnings Date & Stock Price

  • What Is ALLETE's Stock Price Today?
    A single share of ALE can be purchased today for 64.47
  • What Is ALLETE’s Stock Symbol?
    ALLETE trades on the nyse under the ticker symbol: ALE
  • When Is ALLETE’s Next Earnings Date?
    The next quarterly earnings date for ALLETE is scheduled on August 8, 2024
  • When Is ALE's next ex-dividend date?
    ALLETE's next ex-dividend date is May 14, 2024
  • How To Buy ALLETE Stock?
    You can buy ALLETE shares by opening an account at a top tier brokerage firm, such as TD Ameritrade or tastyworks.

ALLETE Competitors

  • Who Are ALLETE's Competitors?
    Below is a list of companies who compete with ALLETE or are related in some way:
    • Advent Technologies Holdings Inc (ADN)
    • Evergy Inc (EVRG)
    • Alliant Energy Corp (LNT)
    • Otter Tail Corp (OTTR)
    • Verde Clean Fuels Inc (VGAS)

ALLETE Dividend Yield

  • What Is ALE Dividend Yield?
    ALLETE’s dividend yield currently is 4.29%
  • What Is ALLETE’s Payout Ratio?
    ALLETE’s payout ratio is 65.65%
  • When Did ALLETE Last Pay A Dividend?
    The latest dividend pay date is July 27, 2024
  • What Is ALLETE’s Dividend Per Share?
    ALLETE pays a dividend of $0.71 per share

ALLETE Analyst Estimates

YoY Growth Past Surprise
EPS: -13.73% -17.5%
Revenue: -28.61% -20.1%

Analyst Recommendations

Buy Recommendations: 1
Hold Recommendations: 3
Sell Recommendations: 0
Price Target: 67.50
Upside from Last Price: 4.7%

Major Shareholders

  • How many ALE shares are owned by institutional investors?
    73.5M ALE shares are owned by institutional investors
  • How many ALE shares are owned by insiders?
    728.1K ALE shares are owned by insiders