ALLETE/$ALE
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About ALLETE
ALLETE Inc provides competitively-priced energy in America's Upper Midwest region and invests in transmission infrastructure and other energy-centric businesses. The company has two reportable segments. The first segment is Regulated Operations, which includes the company's regulated utilities, Minnesota Power and SWL&P, as well as its investment in ATC. ATC is a regulated utility based in Wisconsin that owns and maintains electric transmission assets in parts of Wisconsin, Michigan, Minnesota, and Illinois. The second segment is ALLETE Clean Energy, which focuses on developing, acquiring, and operating clean and renewable energy projects.
Ticker
$ALE
Sector
Primary listing
NYSE
Industry
Electric Utilities
Headquarters
Employees
1,617
ISIN
US0185223007
Website
ALLETE Metrics
BasicAdvanced
$3.7B
20.27
$3.19
0.78
$2.87
4.51%
Price and volume
Market cap
$3.7B
Beta
0.78
52-week high
$66.40
52-week low
$61.51
Average daily volume
375K
Dividend rate
$2.87
Financial strength
Current ratio
1.256
Quick ratio
0.242
Long term debt to equity
54.084
Total debt to equity
54.084
Dividend payout ratio (TTM)
89.06%
Interest coverage (TTM)
2.19%
Profitability
EBITDA (TTM)
454.7
Gross margin (TTM)
33.16%
Net profit margin (TTM)
12.10%
Operating margin (TTM)
11.59%
Effective tax rate (TTM)
6.43%
Revenue per employee (TTM)
$940,000
Management effectiveness
Return on assets (TTM)
1.64%
Return on equity (TTM)
3.51%
Valuation
Price to earnings (TTM)
20.271
Price to revenue (TTM)
2.448
Price to book
1.11
Price to tangible book (TTM)
1.38
Price to free cash flow (TTM)
63.878
Free cash flow yield (TTM)
1.57%
Free cash flow per share (TTM)
101.25%
Dividend yield (TTM)
4.44%
Forward dividend yield
4.51%
Growth
Revenue change (TTM)
-11.15%
Earnings per share change (TTM)
-23.28%
3-year revenue growth (CAGR)
1.42%
10-year revenue growth (CAGR)
2.78%
3-year earnings per share growth (CAGR)
-2.90%
10-year earnings per share growth (CAGR)
0.75%
3-year dividend per share growth (CAGR)
4.16%
10-year dividend per share growth (CAGR)
3.81%
What the Analysts think about ALLETE
Analyst ratings (Buy, Hold, Sell) for ALLETE stock.
Bulls say / Bears say
ALLETE reported first quarter 2025 earnings of 97 cents per share, an increase from 88 cents per share in the same quarter of the previous year, indicating strong financial performance. (ALLETE Press Release)
The company's board declared a quarterly dividend of 73 cents per share, maintaining a stable dividend payout which may attract income-focused investors. (ALLETE Press Release)
ALLETE has been recognized for its commitment to gender diversity, with women comprising 50% of both its Board of Directors and executive team, potentially enhancing corporate governance and appeal to socially conscious investors. (ALLETE Press Release)
In 2024, ALLETE's revenue decreased by 18.62% compared to the previous year, and earnings declined by 27.44%, indicating potential financial challenges. (Stock Analysis)
Analyst consensus rates ALLETE stock as 'Hold' with a 12-month price forecast of $67.00, suggesting limited upside potential. (Stock Analysis)
The company's net income has decreased by 27% year-over-year, and the net margin has contracted by 20% from the previous quarter, reflecting declining profitability. (Full Ratio)
Data summarised monthly by Lightyear AI. Last updated on 4 Jun 2025.
ALLETE Financial Performance
Revenues and expenses
ALLETE Earnings Performance
Company profitability
ALLETE News
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Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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Capital at risk
Upcoming events
No upcoming events
FAQs
What’s the current market cap for ALLETE stock?
ALLETE (ALE) has a market cap of $3.7B as of July 03, 2025.
What is the P/E ratio for ALLETE stock?
The price to earnings (P/E) ratio for ALLETE (ALE) stock is 20.27 as of July 03, 2025.
Does ALLETE stock pay dividends?
Yes, the ALLETE (ALE) stock pays dividends to shareholders. As of July 03, 2025, the dividend rate is $2.87 and the yield is 4.51%. ALLETE has a payout ratio of 89.06% on a trailing twelve-month basis.
When is the next ALLETE dividend payment date?
The next ALLETE (ALE) dividend payment date is unconfirmed.
What is the beta indicator for ALLETE?
ALLETE (ALE) has a beta rating of 0.78. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.