Is ALLETE, Inc. (ALE) a Buy, Sell, or Hold?
ALLETE, Inc.
NYSE:ALE
$67.9 USD
-$0.04 (-0.06%)
- Volume
- 3.61M
- Average Volume
- 822.06K
- Market Capitalization
- $3.94B
- P/E Ratio
- 34.14
- Dividend Yield
- 1.08%
- Price Target
- $58.00
- Year High
- $67.99
- Year Low
- $62.38
- Day High
- —
- Day Low
- —
- Payout Ratio
- $1.10
- Current Ratio
- $1.17
Industry, Sector & symbol
| Stock Exchange | NYSE |
| CEO | Bethany Owen |
| Industry | Diversified Utilities |
| Sector | Utilities |
| Current Symbol | ALE |
| CUSIP | 018522300 |
| CIK | 0000066756 |
| Web | https://www.allete.com |
| Phone | 218 279 5000 |
| Currency | USD |
| Employees | 1595 |
| Country | US |
Liquidity
| Debt-to-Equity Ratio | 0.78 |
| Payout Ratio | 1.10 |
| Current Ratio | 1.17 |
| Quick Ratio | 0.73 |
| Cash Ratio | 0.19 |
Sales & Book Value
| Annual Sales | $1.53B |
| Price / Sales | 3.47 |
| Cash Flow | -4.94 |
| Price / Cash Flow | -13.73 |
| Price / Book | 1.38 |
Price Target and Rating
| Average Stock Price Forecast | $58.00 |
| High Stock Price Forecast | $58.00 |
| Low Stock Price Forecast | $58.00 |
| Forecast Upside/Downside | 17.07% |
| Consensus Rating | N/A |
| Rating Score(0-5) | 0 |
| Research Coverage | 16 Analysts |
Profitability
| EPS (Most Recent Fiscal Year) | $3.1021 |
| Trailing P/E Ratio | 34.14 |
| PEG Ratio | -3.96 |
| P/E Growth | -3.96 |
| Net Income | $179.3M |
| Net Margin | 10.14% |
| Pretax Margin | 5.56% |
| Return on Equity | 4.02% |
| Return on Assets | 1.61% |
Financials Score
| AltmanZ Score | 1.13 |
| Piotroski Score | 4.00 |
| Working Capital | 71.8M |
| Total Assets | 7.15B |
| Ebit | 182.8M |
| Market Cap | 3.94B |
| Total Liabilities | 3.81B |
Poll Results
About ALLETE, Inc. (NYSE:ALE) Stock
ALLETE, Inc., an energy enterprise established in 1906 and headquartered in Duluth, Minnesota (originally known as Minnesota Power, Inc. until its name change in May 2001), conducts its business through Regulated Operations, ALLETE Clean Energy, and Corporate and Other segments. The company produces electricity utilizing diverse sources such as coal-fired, biomass co-fired/natural gas, hydroelectric, wind, and solar technologies. It delivers regulated utility services, providing electricity to approximately 145,000 retail customers and 15 non-affiliated municipal entities in northeastern Minnesota, alongside serving around 15,000 electric, 13,000 natural gas, and 10,000 water clients in northwestern Wisconsin. ALLETE also owns and maintains a network of electric transmission assets spannin ... g Wisconsin, Michigan, Minnesota, and Illinois, supported by 158 substations with a total capacity of 10,066 megavolt amperes. A key area of its operations is the ALLETE Clean Energy segment, which concentrates on the development, acquisition, and management of clean and renewable energy initiatives, including approximately 1,000 megawatts of owned and operated wind generation capacity. Furthermore, the company has interests in coal mining activities in North Dakota and real estate investments in Florida. Its industrial customer base encompasses sectors such as taconite mining, paper and pulp production, secondary wood products, and pipelines.
Frequently Asked Questions
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What is the current ALLETE, Inc. (ALE) stock price?
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ALLETE, Inc.(NYSE:ALE) stock price is $67.9 in the last trading session. During the trading session, ALE stock reached the peak price of $67.99 while $62.38 was the lowest point it dropped to. The percentage change in ALE stock occurred in the recent session was --0.06% while the dollar amount for the price change in ALE stock was -$-0.04.
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ALE's industry and sector of operation?
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The NYSE listed ALE is part of Diversified Utilities industry that operates in the broader Utilities sector.
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Who are the executives of ALE?
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Jeffrey Scissons | Vice President, Chief Financial Officer & Corporate Treasurer
Amy Rutledge | Director of Corporate Communications
Julie L. Padilla | Vice President, Chief Legal Officer & Secretary
Colin Bradley Anderson | Vice President, Chief Accounting Officer & Controller
Josh Kunkel | President & Chief Executive Officer of New Energy Equity -
How many employees does ALE have?
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Number of ALE employees currently stands at 1595. ALE operates from 30 West Superior Street, Duluth, MN 55802-2093, US.
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Link for ALE official website?
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Official Website of ALE is: https://www.allete.com
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How do I contact ALE?
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ALE could be contacted at phone #218 279 5000 and can also be accessed through its website. ALE operates from 30 West Superior Street, Duluth, MN 55802-2093, US.
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How many shares of ALE are traded daily?
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The average number of ALE shares traded daily for last 3 months was 822.06K.
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What is the market cap of ALE currently?
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The market value of ALE currently stands at $3.94B with its latest stock price at $67.9