ALE logo

ALLETE (ALE)

Profile

Full Name

ALLETE, Inc.

Ticker Symbol

ALE

Exchange

NYSE

Sector

Utilities

Industry

Diversified

Country

United States

IPO

May 3, 1973

Indexes

Not included

Website

http://www.allete.com

Employees

1564

Key Details

Price

$65.07(+0.84%)

Market cap

$3.77B(Mid cap)

Last Dividend

$0.73

TTM Dividend yield

4.37%

Annual revenue

$1.53B(-18.62% YoY)

Annual EPS

$3.10(-27.91% YoY)

PE ratio

20.99

Next earnings date

May 9, 2025

Next ex-dividend date

N/A

Next split date

N/A

Price

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Current Price

$65.07
ALE price is $65.07

30-Day Relative Volume

1.05
ALE 30-day relative volume is 1.05

Price Performance

Price Most recent change

+0.84%
ALE price was up +0.84% on Apr 14, 2025

Price YTD change

+0.42%
ALE price is up +0.42% since January 1st

Price 1-year change

+11.55%
ALE price is up +11.55% year-on-year

Price 3-year change

+2.57%
ALE price is up +2.57% over the past 3 years

Price Range

Price All-time high

$110.13
ALE price is currently -40.92% below its historical high of $110.13

Price 3-year low

$47.77
ALE price is currently +36.22% above its 3-year low

Capitalization

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Market cap

Market cap

$3.77B
ALE market capitalization is $3.77 billion

Market cap 3-year change

+4.21%
ALE market capitalization is up +4.21% over the past 3 years

Market cap All-time high

$4.55B
ALE market capitalization is currently -17.28% below its historical high of $4.55 billion

Market cap sector rank

44.14%
ALE market capitalization is higher than 44.14% of companies in Utilities sector

Shares Outstanding

Shares Outstanding 1-Year Change

+0.41%
ALE shares outstanding is up +0.41% year-on-year

Shares Outstanding 3-Year Change

+1.6%
ALE shares outstanding is up +1.6% over the past 3 years

Technical Indicators

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Beta

0.10
ALE beta is 0.10

200-day SMA

$64.55
ALE price is currently +0.80% above its 200-day simple moving average

50-day SMA

$65.45
ALE price is currently -0.59% below its 50-day simple moving average

RSI

47.58
ALE 14-day relative strength index is 47.58

Volume

1.05
ALE 30-day relative volume is 1.05

ATR

$0.64
ALE average true range is $0.64

10-day Historical Volatility

11.56%
ALE 10-day historical volatility is 11.56%

Dividend

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Events

Last Paid Dividend

$0.73
ALE last dividend was $0.73 per share, with an ex-dividend date of February 14, 2025

Next Dividend

-
ALE next dividend has not yet been announced

Dividend per share

Dividend per share

$2.82
ALE annual dividend per share is $2.82

Dividend per share Sector Rank

81.18%
ALE annual dividend per share is higher than 81.18% of companies in Utilities sector

Dividend per share 1-Year Change

+4.06%
ALE annual dividend per share is up +4.06% year-on-year

Dividend per share 3-Year Change

+11.9%
ALE annual dividend per share is up +11.9% over the past 3 years

Dividend yield

Dividend yield

4.33%
ALE annual dividend yield is 4.33%

Dividend yield Sector Rank

67.86%
ALE annual dividend yield is higher than 67.86% of companies in Utilities sector

Other

Payout ratio

90.80%
ALE annual payout ratio is 90.80%

Dividends paid

$162.80M
ALE annual dividends paid is $162.80 million

Free cash flow

$102.20M
ALE annual free cash flow is $102.20 million

Income Statement

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Revenue

Revenue

$1.53B
ALE annual revenue is $1.53 billion

Revenue Analysts estimate

$1.55B
ALE annual revenue is currently -1.24% lower than the consensus analysts' forecast

Revenue 1-year change

-18.62%
ALE annual revenue is down -18.62% year-on-year

Revenue Sector rank

37.84%
ALE annual revenue is higher than 37.84% of companies in Utilities sector

EPS

EPS

$3.10
ALE annual earnings per share is $3.10

EPS Analysts estimate

$3.95
ALE annual earnings per share is currently -21.44% lower than the consensus analysts' forecast

EPS 1-year change

-27.91%
ALE annual earnings per share is down -27.91% year-on-year

EPS Sector rank

67.86%
ALE annual earnings per share is higher than 67.86% of companies in Utilities sector

Profit

Gross profit

$497.00M
ALE annual gross profit is $497.00 million

Gross margin

32.49%
ALE annual gross profit margin is 32.49%

Operating profit

$160.10M
ALE annual operating income is $160.10 million

Operating margin

10.47%
ALE annual operating profit margin is 10.47%

Net income

$179.30M
ALE annual net profit is $179.30 million

Net margin

11.72%
ALE annual net profit margin is 11.72%

Expenses

Total expenses

$1.37B
ALE annual total expenses is $1.37 billion

Operating expenses

$336.90M
ALE annual total operating expenses is $336.90 million

Cost of goods sold

$1.03B
ALE annual cost of goods sold is $1.03 billion

Selling, general & administrative expenses

-
ALE annual SGA value is unknown

Depreciation and amortization

$278.20M
ALE annual depreciation & amortization is $278.20 million

Interest expense

$81.70M
ALE annual interest expense is $81.70 million

Income tax

$4.70M
ALE annual income tax is $4.70 million

EBIT & EBITDA

EBIT

$208.10M
ALE annual earnings before interest & taxes is $208.10 million

EBITDA

$486.30M
ALE annual EBITDA is $486.30 million

Balance Sheet

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Assets

Total assets

$6.75B
ALE annual total assets is $6.75 billion

Non current assets

$6.32B
ALE annual long term assets is $6.32 billion

Current assets

$435.20M
ALE annual total current assets is $435.20 million

Cash and cash equivalents

$32.80M
ALE annual cash & cash equivalents is $32.80 million

Accounts receivable

$115.90M
ALE annual accounts receivable is $115.90 million

Inventory

$154.60M
ALE annual inventory is $154.60 million

Liabilities

Total liabilities

$3.36B
ALE annual total liabilities is $3.36 billion

Long term liabilities

$2.96B
ALE annual total long term liabilities is $2.96 billion

Current liabilities

$404.20M
ALE annual total current liabilities is $404.20 million

Accounts payable

$113.60M
ALE annual accounts payable is $113.60 million

Debt

Total debt

$1.80B
ALE annual total debt is $1.80 billion

Total debt 1-year change

+0.45%
ALE annual total debt is up +0.45% year-on-year

Long term debt

$1.70B
ALE annual long term debt is $1.70 billion

Short term debt

$94.70M
ALE annual short term debt is $94.70 million

Equity & Capital

Shareholders equity

$2.85B
ALE annual stockholders equity is $2.85 billion

Book value

$2.85B
ALE annual book value is $2.85 billion

Retained earnings

$1.04B
ALE annual retained earnings is $1.04 billion

Working capital

$31.00M
ALE annual working capital is $31.00 million

Cash Flow Statement

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Cashflow Activities

Cash from operations

$457.10M
ALE annual cash flow from operations is $457.10 million

Cash from operations 1-year change

-21.9%
ALE annual cash flow from operations is down -21.9% year-on-year

Cash from investing

-$340.70M
ALE annual cash flow from investing activities is -$340.70 million

Cash from investing 1-year change

-20.13%
ALE annual cash flow from investing activities is down -20.13% year-on-year

Cash from financing

-$140.60M
ALE annual cash flow from financing activities is -$140.60 million

Cash from financing 1-year change

+46.44%
ALE annual cash flow from financing activities is up +46.44% year-on-year

CAPEX

CAPEX

$354.90M
ALE annual capital expenditures is $354.90 million

CAPEX 1-year change

+30.86%
ALE annual capital expenditures is up +30.86% year-on-year

Free Cash Flow

Free cash flow

$102.20M
ALE annual free cash flow is $102.20 million

Free cash flow 1-year change

-67.46%
ALE annual free cash flow is down -67.46% year-on-year

Profitability Ratios

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Margins

Gross margin

32.49%
ALE annual gross profit margin is 32.49%

Operating margin

10.47%
ALE annual operating profit margin is 10.47%

Net margin

11.72%
ALE annual net profit margin is 11.72%

ROA & ROE

ROA

2.67%
ALE annual return on assets is 2.67%

ROE

5.28%
ALE annual return on equity is 5.28%

Valuation

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PE Ratio

PE ratio

20.99
ALE price to earnings ratio is 20.99

PE ratio Sector rank

57.3%
ALE price to earnings ratio is higher than 57.3% of companies in Utilities sector

PB Ratio

PB ratio

1.32
ALE price to book ratio is 1.32

PB ratio Sector rank

26.13%
ALE price to book ratio is higher than 26.13% of companies in Utilities sector

PS Ratio

PS ratio

2.46
ALE price to sales ratio is 2.46

PS ratio Sector rank

52.38%
ALE price to sales ratio is higher than 52.38% of companies in Utilities sector

Enterprise value

Enterprise value

$5.53B
ALE enterprise value is $5.53 billion

Enterprise value Sector rank

37.61%
ALE enterprise value is higher than 37.61% of companies in Utilities sector

EV/EBITDA

EV/EBITDA

11.38
ALE EV/EBITDA is 11.38

EV/EBITDA Sector rank

54.21%
ALE EV/EBITDA is higher than 54.21% of companies in Utilities sector

Financial Health

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Liquidity

Current ratio

1.08
ALE annual current ratio is 1.08

Quick ratio

0.69
ALE annual quick ratio is 0.69

Leverage

Debt to equity

0.63
ALE annual debt to equity ratio is 0.63

Interest coverage ratio

2.55
ALE annual interest coverage ratio is 2.55

Risk & Stability

Piotroski F-Score

5
ALE piotroski f-score is 5

Altman Z-Score

1.22
ALE altman z-score is 1.22

Analyst ratings

Recent major analysts updates

May 16, 24 Mizuho
Neutral
Feb 21, 24 Wells Fargo
Equal-Weight
Jan 22, 24 Guggenheim
Neutral
Jan 10, 24 Sidoti & Co.
Neutral
Jul 21, 23 Mizuho
Neutral
Jul 7, 23 Guggenheim
Sell
Jun 27, 23 B of A Securities
Underperform
May 5, 23 B of A Securities
Neutral
Apr 6, 23 Sidoti & Co.
Buy
Jan 30, 23 Wells Fargo
Equal-Weight

Institutional Ownership

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  • What is the ticker symbol for ALLETE?
  • Does ALLETE pay dividends?
  • What sector is ALLETE in?
  • What industry is ALLETE in?
  • What country is ALLETE based in?
  • When did ALLETE go public?
  • Is ALLETE in the S&P 500?
  • Is ALLETE in the NASDAQ 100?
  • Is ALLETE in the Dow Jones?
  • When was ALLETE's last earnings report?
  • When does ALLETE report earnings?
  • Should I buy ALLETE stock now?

What is the ticker symbol for ALLETE?

The ticker symbol for ALLETE is NYSE:ALE

Does ALLETE pay dividends?

Yes, ALLETE pays dividends. The last payment was $0.73, with an ex-dividend date on February 14, 2025

What sector is ALLETE in?

ALLETE is in the Utilities sector

What industry is ALLETE in?

ALLETE is in the Diversified industry

What country is ALLETE based in?

ALLETE is headquartered in United States

When did ALLETE go public?

ALLETE's initial public offering (IPO) was on May 3, 1973

Is ALLETE in the S&P 500?

No, ALLETE is not included in the S&P 500 index

Is ALLETE in the NASDAQ 100?

No, ALLETE is not included in the NASDAQ 100 index

Is ALLETE in the Dow Jones?

No, ALLETE is not included in the Dow Jones index

When was ALLETE's last earnings report?

ALLETE's most recent earnings report was on Feb 13, 2025

When does ALLETE report earnings?

The next expected earnings date for ALLETE is May 9, 2025

Should I buy ALLETE stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions
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