NYSE - Delayed Quote USD

ALLETE, Inc. (ALE)

62.80 -0.19 (-0.30%)
At close: May 17 at 4:00 PM EDT
63.12 +0.32 (+0.51%)
After hours: May 17 at 6:13 PM EDT
Loading Chart for ALE
DELL
  • Previous Close 62.99
  • Open 63.11
  • Bid 62.45 x 1000
  • Ask 63.50 x 800
  • Day's Range 62.70 - 63.14
  • 52 Week Range 49.29 - 65.86
  • Volume 674,051
  • Avg. Volume 417,455
  • Market Cap (intraday) 3.621B
  • Beta (5Y Monthly) 0.74
  • PE Ratio (TTM) 15.10
  • EPS (TTM) 4.16
  • Earnings Date Aug 6, 2024 - Aug 12, 2024
  • Forward Dividend & Yield 2.82 (4.49%)
  • Ex-Dividend Date May 14, 2024
  • 1y Target Est 63.97

ALLETE, Inc. operates as an energy company. The company operates through Regulated Operations, ALLETE Clean Energy, and Corporate and Other segments. It generates electricity from coal-fired, biomass co-fired / natural gas, hydroelectric, wind, and solar. In addition, the company provides regulated utility electric services in northwestern Wisconsin to approximately 15,000 electric customers, 13,000 natural gas customers, and 10,000 water customers, as well as regulated utility electric services in northeastern Minnesota to approximately 150,000 retail customers and 14 non-affiliated municipal customers. Further, it owns and maintains electric transmission assets in Wisconsin, Michigan, Minnesota, and Illinois. Additionally, the company focuses on developing, acquiring, and operating clean and renewable energy projects; and owns and operates approximately 1,200 megawatts of wind energy generation facility, as well as involved in the coal mining operations in North Dakota; and real estate investment activities in Florida. It owns and operates 162 substations with a total capacity of 9,980 megavolt amperes. The company serves taconite mining, paper, pulp and secondary wood products, pipeline, and other industries. The company was formerly known as Minnesota Power, Inc. and changed its name to ALLETE, Inc. in May 2001. ALLETE, Inc. was incorporated in 1906 and is headquartered in Duluth, Minnesota.

www.allete.com

1,544

Full Time Employees

December 31

Fiscal Year Ends

Utilities

Sector

Recent News: ALE

Performance Overview: ALE

Trailing total returns as of 5/17/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

ALE
5.13%
S&P 500
11.18%

1-Year Return

ALE
8.19%
S&P 500
29.04%

3-Year Return

ALE
1.77%
S&P 500
27.06%

5-Year Return

ALE
5.58%
S&P 500
84.38%

Compare To: ALE

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Statistics: ALE

Valuation Measures

Annual
As of 5/17/2024
  • Market Cap

    3.62B

  • Enterprise Value

    5.39B

  • Trailing P/E

    15.10

  • Forward P/E

    15.02

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    2.10

  • Price/Book (mrq)

    1.28

  • Enterprise Value/Revenue

    3.14

  • Enterprise Value/EBITDA

    9.77

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    13.94%

  • Return on Assets (ttm)

    1.80%

  • Return on Equity (ttm)

    5.27%

  • Revenue (ttm)

    1.72B

  • Net Income Avi to Common (ttm)

    239.6M

  • Diluted EPS (ttm)

    4.16

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    32M

  • Total Debt/Equity (mrq)

    52.89%

  • Levered Free Cash Flow (ttm)

    174.65M

Research Analysis: ALE

Company Insights: ALE

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