ALLETE, Inc. (ALE)
- 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.com1,544
Full Time Employees
December 31
Fiscal Year Ends
Sector
Industry
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
1-Year Return
3-Year Return
5-Year Return
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Statistics: ALE
Valuation Measures
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
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