Allete, Inc. (ALE): Price and Financial Metrics


Allete, Inc. (ALE): $70.51

0.37 (+0.53%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

ALE POWR Grades


  • Stability is the dimension where ALE ranks best; there it ranks ahead of 58.67% of US stocks.
  • ALE's strongest trending metric is Momentum; it's been moving down over the last 31 weeks.
  • ALE's current lowest rank is in the Sentiment metric (where it is better than 11.31% of US stocks).

ALE Stock Summary

  • ALE's went public 35.46 years ago, making it older than 92.77% of listed US stocks we're tracking.
  • Of note is the ratio of Allete Inc's sales and general administrative expense to its total operating expenses; only 0.48% of US stocks have a lower such ratio.
  • The ratio of debt to operating expenses for Allete Inc is higher than it is for about 89.26% of US stocks.
  • Stocks with similar financial metrics, market capitalization, and price volatility to Allete Inc are ENBL, SBRA, MMAC, SWX, and WRI.
  • Visit ALE's SEC page to see the company's official filings. To visit the company's web site, go to www.allete.com.

ALE Valuation Summary


  • ALE's price/sales ratio is 3; this is 50% higher than that of the median Utilities stock.
  • ALE's EV/EBIT ratio has moved up $19.3 over the prior 243 months.

Below are key valuation metrics over time for ALE.

Stock Date P/S P/B P/E EV/EBIT
ALE 2019-01-11 2.8 1.8 24.9 26.9
ALE 2011-12-23 1.7 1.5 17.4 14.1
ALE 2010-12-07 1.4 1.3 15.8 11.8
ALE 2010-01-04 1.6 1.3 17.5 13.1
ALE 2007-02-14 2.0 2.3 19.7 13.6
ALE 2001-10-30 1.1 1.6 13.4 9.4

ALE Price Target

For more insight on analysts targets of ALE, see our ALE price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $71.20 Average Broker Recommendation 1.92 (Hold)

ALE Stock Price Chart Interactive Chart >

Price chart for ALE

ALE Price/Volume Stats

Current price $70.51 52-week high $72.60
Prev. close $70.14 52-week low $49.91
Day low $70.03 Volume 132,300
Day high $70.53 Avg. volume 326,509
50-day MA $69.81 Dividend yield 3.57%
200-day MA $62.12 Market Cap 3.68B

Allete, Inc. (ALE) Company Bio


ALLETE Inc. provides regulated electric, natural gas, and water services in northwestern Wisconsin as well as regulated utility electric service in northeastern Minnesota. The company also owns and maintains electric transmission assets in Wisconsin, Michigan, Minnesota, and Illinois. The company was founded in 1906 and is based in Duluth, Minnesota.


ALE Latest News Stream


Event/Time News Detail
Loading, please wait...

ALE Latest Social Stream


Loading social stream, please wait...

View Full ALE Social Stream

Latest ALE News From Around the Web

Below are the latest news stories about Allete Inc that investors may wish to consider to help them evaluate ALE as an investment opportunity.

ALLETE (NYSE:ALE) Shareholders Have Enjoyed A 31% Share Price Gain

On average, over time, stock markets tend to rise higher. This makes investing attractive. But if you choose that path...

Yahoo | May 21, 2021

Bethany M. Owen named Chair of ALLETE Board of Directors

Bethany M. Owen named Chair of ALLETE Board of Directors

Yahoo | May 11, 2021

ALLETE (ALE) Q1 2021 Earnings Call Transcript

Certain statements contained in this conference call that are not descriptions of historical facts are forward-looking statements such as terms defined in the Private Securities Litigation Reform Act of 1995. Because such statements can include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause results to differ materially from those expressed or implied by such forward-looking statements include, but are not limited to those discussed in filings made by the company with the Securities and Exchange Commission.

Yahoo | May 8, 2021

ALLETE Recognized for Advancing Women in Leadership Roles

ALLETE Inc. has received statewide recognition for its long history of advancing women in corporate leadership roles.

Yahoo | April 23, 2021

Superior Water, Light and Power Company -- Moody's downgrades Superior Water, Light & Power to Baa1; outlook stable

Rating Action: Moody's downgrades Superior Water, Light & Power to Baa1; outlook stableGlobal Credit Research - 22 Apr 2021Approximately $12.5 million in debt securities affectedNew York, April 22, 2021 -- Moody's Investors Service, ("Moody's") today downgraded Superior Water, Light and Power Company's (SWL&P) ratings, including its Issuer rating to Baa1 from A3 and its senior secured rating to A2 from A1. The outlook is stable.Downgrades:..Issuer: Superior Water, Light and Power Company....LT Issuer Rating, Downgraded to Baa1 from A3..Issuer: Superior (City of) WI....Senior Secured Revenue Bonds, Downgraded to A2 from A1Outlook Actions:..Issuer: Superior Water, Light and Power Company....Outlook, Remains StableRATINGS RATIONALE"SWL&P's financial profile is being negatively affected by...

Yahoo | April 22, 2021

Read More 'ALE' Stories Here

ALE Price Returns

1-mo 0.14%
3-mo -0.95%
6-mo 17.98%
1-year 27.17%
3-year 7.40%
5-year 35.55%
YTD 15.98%
2020 -20.47%
2019 9.62%
2018 5.60%
2017 19.38%
2016 30.93%

ALE Dividends

Ex-Dividend Date Type Payout Amount Change
Loading, please wait...
View Full ALE Dividend History

Continue Researching ALE

Here are a few links from around the web to help you further your research on Allete Inc's stock as an investment opportunity:

Allete Inc (ALE) Stock Price | Nasdaq
Allete Inc (ALE) Stock Quote, History and News - Yahoo Finance
Allete Inc (ALE) Stock Price and Basic Information | MarketWatch

Get Free Updates

Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com!


Page generated in 0.8951 seconds.