Allete Inc (ALE) Stock Price, Forecast & Analysis
NYSE:ALE • US0185223007
ALE Key Statistics, Chart & Performance
The current stock price of ALE is 67.9 USD. In the past month the price increased by 0.73%. In the past year, price increased by 5.04%.
ALE Technical Analysis
ChartMill assigns a technical rating of 7 / 10 to ALE. When comparing the yearly performance of all stocks, ALE turns out to be only a medium performer in the overall market: it outperformed 61.41% of all stocks.
ALE Fundamental Analysis
ChartMill assigns a fundamental rating of 3 / 10 to ALE. Both the profitability and financial health of ALE have multiple concerns.
ALE Financial Highlights
Over the last trailing twelve months ALE reported a non-GAAP Earnings per Share(EPS) of 2.85. The EPS decreased by -8.65% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | 11.04% | ||
| ROA | 2.32% | ||
| ROE | 5.81% | ||
| Debt/Equity | 0.74 |
ALE Forecast & Estimates
6 analysts have analysed ALE and the average price target is 70.67 USD. This implies a price increase of 4.08% is expected in the next year compared to the current price of 67.9.
For the next year, analysts expect an EPS growth of 18.92% and a revenue growth -1.51% for ALE
ALE Ownership
ALE Competitors/Peers
| Symbol | Company Name | Technical Rating | Fundamental Rating | FPE | Market Cap |
|---|---|---|---|---|---|
| NEE | NEXTERA ENERGY INC | 23.12 | 191.579B | ||
| SO | SOUTHERN CO/THE | 20.73 | 106.091B | ||
| CEG | CONSTELLATION ENERGY | 28.97 | 101.045B | ||
| DUK | DUKE ENERGY CORP | 19.32 | 100.497B | ||
| AEP | AMERICAN ELECTRIC POWER | 20.95 | 70.553B | ||
| SOMN | SOUTHERN CO - SO 7 1/8 12/15/28 | 11.35 | 59.129B | ||
| XEL | XCEL ENERGY INC | 20.03 | 49.376B | ||
| EXC | EXELON CORP | 17.24 | 49.302B | ||
| ETR | ENTERGY CORP | 24.03 | 47.219B | ||
| PCG | P G & E CORP | 11.54 | 41.496B |
Related stock screener links
View all stocks in the Electric Utilities Industry | View all stocks in the Utilities Sector | View all stocks on the New York Stock Exchange Exchange | Find stocks with similar TA and Setup ratings on the USA exchanges | Find stocks with similar Fundamental rating on the USA exchanges | Find the competitors with the best technical ratings on the USA exchanges | Find the competitors with the best fundamentals on the USA exchanges | Find the competitors with the best valuation on the USA exchanges | Find the competitors with the best dividend on the USA exchanges | Find the competitors with the best analyst ratings on the USA exchanges
About ALE
Company Profile
ALLETE, Inc. engages in the provision of electric and natural gas utility services. The company is headquartered in Duluth, Minnesota and currently employs 1,597 full-time employees. The firm's segments include Regulated Operations, ALLETE Clean Energy, New Energy and Corporate and Other. The Regulated Operations segment includes its regulated utilities, Minnesota Power and Superior Water, Light and Power Company, as well as its investment in American Transmission Company LLC, a Wisconsin-based regulated utility that owns and maintains electric transmission assets in portions of Wisconsin, Michigan, Minnesota and Illinois. The ALLETE Clean Energy segment is focused on developing, acquiring, and operating clean and renewable energy projects. The New Energy segment is a renewable energy company with a primary focus on developing solar and energy storage facilities for external sale and internal ownership while also offering comprehensive operations, maintenance and asset management services. The Corporate and Other segment is comprised of its investment in Nobles 2, South Shore Energy, BNI Energy, ALLETE Properties and others.
Company Info
Allete Inc
30 W Superior St
Duluth MINNESOTA 55802 US
CEO: Bethany M. Owen
Employees: 1590
Phone: 12182795000
Allete Inc / ALE FAQ
What does ALE do?
ALLETE, Inc. engages in the provision of electric and natural gas utility services. The company is headquartered in Duluth, Minnesota and currently employs 1,597 full-time employees. The firm's segments include Regulated Operations, ALLETE Clean Energy, New Energy and Corporate and Other. The Regulated Operations segment includes its regulated utilities, Minnesota Power and Superior Water, Light and Power Company, as well as its investment in American Transmission Company LLC, a Wisconsin-based regulated utility that owns and maintains electric transmission assets in portions of Wisconsin, Michigan, Minnesota and Illinois. The ALLETE Clean Energy segment is focused on developing, acquiring, and operating clean and renewable energy projects. The New Energy segment is a renewable energy company with a primary focus on developing solar and energy storage facilities for external sale and internal ownership while also offering comprehensive operations, maintenance and asset management services. The Corporate and Other segment is comprised of its investment in Nobles 2, South Shore Energy, BNI Energy, ALLETE Properties and others.
Can you provide the latest stock price for Allete Inc?
The current stock price of ALE is 67.9 USD. The price decreased by -0.06% in the last trading session.
Does ALE stock pay dividends?
Allete Inc (ALE) has a dividend yield of 4.3%. The yearly dividend amount is currently 2.82.
What is the ChartMill rating of Allete Inc stock?
ALE has a ChartMill Technical rating of 7 out of 10 and a ChartMill Fundamental rating of 3 out of 10.
How is the market expecting ALE stock to perform?
6 analysts have analysed ALE and the average price target is 70.67 USD. This implies a price increase of 4.08% is expected in the next year compared to the current price of 67.9.
What is the GICS sector and industry of ALE stock?
Allete Inc (ALE) operates in the Utilities sector and the Electric Utilities industry.
Can you provide the upcoming earnings date for Allete Inc?
Allete Inc (ALE) will report earnings on 2026-02-11, after the market close.