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NYSE: ALE
Allete Inc Stock

Overview
ForecastEarningsRevenueDividendOwnership
$65.20+0.45 (+0.69%)
Updated Apr 22, 2025
ALE Price
$65.20
Fair Value Price
N/A
Market Cap
$3.78B
52 Week Low
$59.00
52 Week High
$65.99
P/E
20.96x
P/B
1.33x
P/S
2.44x
PEG
0.88x
Dividend Yield
3.24%
Revenue
$1.53B
Earnings
$179.30M
Gross Margin
28.2%
Operating Margin
17.37%
Profit Margin
11.7%
Debt to Equity
1.18
Operating Cash Flow
$457M
Beta
0.51
Next Earnings
May 7, 2025
Ex-Dividend
N/A
Next Dividend
N/A

ALE Overview

ALLETE, Inc. is a clean-energy company that owns, operates, and develops wind energy generation facilities. The company serves regulated utilities. It has a position in ATC, a Wisconsin-based regulated utility that owns and maintains electric transmission assets across the U.S. Allete also operates non-wind clean and renewable energy projects. Allete was incorporated in 1906 and is headquartered in Duluth, MN.

Zen Rating

Our proven quant model uses 115 proprietary factors, including AI, to determine ALE's potential to beat the market

CHold
  • Stocks with a Zen Rating of Hold (C) had an average return of +7.53% per year. Learn More
View All “A” Zen Rated Stocks
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Zen Rating Component Grades

C
Value
C
Growth
C
Momentum
C
Sentiment
B
Safety
C
Financials
C
Artificial Intelligence
Zen Rating uses advanced AI algorithms that detect subtle patterns in market data; it anticipates future trends that point to superior stock price results.

Industry: Diversified Utility

Industry Rating
D
ALE
Ranked#4 of 11

Top Ranked Stocks in Industry

Name / TickerPriceZen Rating
Unitil (UTL)
$59.27C
Black Hills (BKH)
$60.79C
Aes (AES)
$9.98C
View Top Diversified Utility Stocks

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ALE News

Overview

Due Diligence Score

–
Industry Average (35)
You've viewed Due Diligence Score for 10/10 free stocks. Upgrade to Premium to see how ALE scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

ALE ($65.20) is trading above its intrinsic value of $41.83, according to an updated version of Benjamin Graham's Formula from Chapter 11 of "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
ALE is good value based on its earnings relative to its share price (20.96x), compared to the US market average (28.14x)
P/E vs Market Valuation
ALE is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
There are 35 more ALE due diligence checks available for Premium users.

Valuation

ALE price to earnings (PE)

For valuing profitable companies with steady earnings

Company
20.96x
Industry
111.23x
Market
28.14x
ALE is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
ALE is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

ALE price to book (PB)

For valuing companies that are loss-making or have lots of physical asset

Company
1.33x
Industry
1.48x
ALE is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

ALE price to earnings growth (PEG)

For valuing profitable companies with growth potential

ALE is good value based... subscribe to Premium to read more.
PEG Value Valuation

ALE's financial health

Profit margin

Revenue
$364.8M
Net Income
$50.6M
Profit Margin
13.9%
ALE's Earnings (EBIT) of $265.70M... subscribe to Premium to read more.
Interest Coverage Financials
ALE's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$6.8B
Liabilities
$3.4B
Debt to equity
1.18
ALE's short-term assets ($435.20M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
ALE's long-term liabilities ($2.96B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
ALE's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
ALE's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$89.8M
Investing
-$120.8M
Financing
-$24.8M
ALE's operating cash flow ($457.10M)... subscribe to Premium to read more.
Debt Coverage Financials

ALE vs Diversified Utility Stocks

TickerZen RatingMarket Cap1d %P/EP/B
ALEC$3.78B+0.69%20.96x1.33x
NWEC$3.60B+1.24%16.06x1.26x
AVAC$3.35B+1.58%18.28x1.29x
OTTRC$3.31B+1.93%10.97x1.99x
BKHC$4.35B+1.79%15.55x1.24x
View Top Diversified Utility Stocks

Allete Stock FAQ

What is Allete's quote symbol?

(NYSE: ALE) Allete trades on the NYSE under the ticker symbol ALE. Allete stock quotes can also be displayed as NYSE: ALE.

If you're new to stock investing, here's how to buy Allete stock.

What is the 52 week high and low for Allete (NYSE: ALE)?

(NYSE: ALE) Allete's 52-week high was $65.99, and its 52-week low was $59.00. It is currently -1.2% from its 52-week high and 10.51% from its 52-week low.

How much is Allete stock worth today?

(NYSE: ALE) Allete currently has 57,901,153 outstanding shares. With Allete stock trading at $65.20 per share, the total value of Allete stock (market capitalization) is $3.78B.

Allete stock was originally listed at a price of $21.78 in Dec 31, 1997. If you had invested in Allete stock at $21.78, your return over the last 27 years would have been 199.36%, for an annualized return of 4.14% (not including any dividends or dividend reinvestments).

How much is Allete's stock price per share?

(NYSE: ALE) Allete stock price per share is $65.20 today (as of Apr 22, 2025).

What is Allete's Market Cap?

(NYSE: ALE) Allete's market cap is $3.78B, as of Apr 23, 2025.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Allete's market cap is calculated by multiplying ALE's current stock price of $65.20 by ALE's total outstanding shares of 57,901,153.
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