€58.50
0.05% yesterday
L&S, Jun 25, 10:55 pm CET
ISIN
US0185223007
Symbol
ALE
Sector
Industry

ALLETE, Inc. Share price

$62.65
-0.27 0.43% 1M
+1.02 1.66% 6M
+1.49 2.44% YTD
+3.53 5.97% 1Y
-7.41 10.58% 3Y
-21.62 25.66% 5Y
+12.56 25.07% 10Y
NYSE, Closing price Tue, Jun 25 2024
ISIN
US0185223007
Symbol
ALE
Sector
Industry

Key figures

Market capitalization $3.62b
Enterprise Value $5.97b
PER (TTM) P/E ratio 15.05
EV/FCF (TTM) EV/FCF 20.52
EV/Sales (TTM) EV/Sales 3.48
P/S ratio (TTM) P/S ratio 2.11
P/B ratio (TTM) P/B ratio 1.28
Dividend yield 4.32%
Last dividend (FY23) $2.71
Sales growth (TTM) Sales growth -1.93%
Turnover (TTM) Turnover $1.72b
EBIT (operating result TTM) EBIT $179.90m
Free cash flow (TTM) Free cash flow $291.20m
Cash position $37.90m
EPS (TTM) EPS $4.16
P/E ratio expected 16.73
P/S ratio expected 2.15
EV/Sales expected 3.54
Short interest 2.13%
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Is ALLETE, Inc. a top scorer stock according to the dividend, high growth investing or Leverman strategy?

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ALLETE, Inc. Share analysis

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Analyst opinions

3 Analysts have issued a ALLETE, Inc. forecast:

3x Hold
100%

Analyst opinions

3 Analysts have issued a ALLETE, Inc. forecast:

Hold
100%

Financial data from ALLETE, Inc.

Profit and loss account P&L | Balance sheet | Cash flow


Quarter TTM Annually
Mar '24
+/-
%
1,718 1,718
2% 2%
100%
- Direct costs 1,482 1,482
5% 5%
86%
236 236
18% 18%
14%
- Selling and administrative expenses - -
- Research and development costs - -
-
-
434 434
17% 17%
25%
- Depreciation and amortization 255 255
5% 5%
15%
EBIT (operating result) EBIT 180 180
39% 39%
10%
Net profit 240 240
32% 32%
14%

Figures in millions USD.

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ALLETE, Inc. Share News

Neutral
PRNewsWire
one day ago
NEW YORK , June 24, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and is investigating ALLETE, Inc. (NYSE: ALE) , relating to its proposed merger with a partnershi...
Neutral
PRNewsWire
29 days ago
The North Plains Connector transmission line will more than double the transfer capacity between the eastern and western U.S. electric grids, providing PGE access to new, diverse resources and bolstering reliability for customers. PORTLAND, Ore.
Neutral
Business Wire
about 2 months ago
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of ALLETE, Inc. (NYSE: ALE) to Canada Pension Plan Investment Board (“CPP”) and Global Infrastructure Partners (“GIP”). Under the terms of the proposed transaction, shareholders of ALLETE will receive $67.00 in cash ...
More ALLETE, Inc. News

Company profile

ALLETE, Inc. engages in the provision of electric and natural gas utility services. It operates through the following business segments: Regulated Operations, ALLETE Clean Energy, U.S. Water Services, and Corporate and Other. The Regulated Operations segment includes regulated utilities; Minnesota Power; SWL&P; and investment in ATC, which regulates utilities that owns and maintains electric transmission assets. The ALLETE Clean Energy segment develops, acquires, and operates clean and renewable energy projects. The U.S. Water Services segment provides integrated water management for industry by combining chemical, equipment, engineering, and service for customized solutions to reduce water and energy usage and improve efficiency. The Corporate and Other segment consists of other business development and corporate expenditure of the firm. The company was founded in 1906 and is headquartered in Duluth, MN.

Head office United States
CEO Bethany Owen
Employees 1,560
Founded 1906
Website www.allete.com

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