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ALLETE Inc

ALE

64.090USD

-0.090-0.14%
Close 09/18, 16:00ETQuotes delayed by 15 min
3.72BMarket Cap
20.25P/E TTM

ALLETE Inc

64.090

-0.090-0.14%

TradingKey Stock Score

Overall Financial Health

Valuation Dimensions

Earnings Forecast

Price Momentum

Institutional Confidence

Risk Assessment

Peer Comparison

TradingKey Stock Score

Overall Financial Health

Valuation Dimensions

Earnings Forecast

Price Momentum

Institutional Confidence

Risk Assessment

Peer Comparison

TradingKey Stock Score

Currency: USD Updated2025-09-17

Key Insights

The company's fundamentals are relatively very healthy. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. Despite an average stock market performance, the company shows strong fundamentals and technicals. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.

Score

Industry at a Glance

Industry Ranking
3 / 68
Overall Ranking
53 / 4723
Industry
Electric Utilities & IPPs

Support & Resistance

No Data

Score Analysis

Current score
Previous score

Analyst Rating

Based on 2 analysts
Buy
Current Rating
69.287
Target Price
+10.95%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

Company Highlights

StrengthsRisks
ALLETE, Inc. is a clean-energy transformation company that owns, operates and developing wind energy generation to reduce carbon footprint. The Company’s segments include Regulated Operations and ALLETE Clean Energy. Regulated Operations includes regulated utilities, Minnesota Power, and SWL&P, as well as investment in ATC, a Wisconsin-based regulated utility that owns and maintains electric transmission assets in portions of Wisconsin, Michigan, Minnesota, and Illinois. Minnesota Power provides regulated utility electric service in northeastern Minnesota to approximately 150,000 retail customers. ALLETE Clean Energy segment is focused on developing, acquiring, and operating clean and renewable energy projects. The segment owns and operates, in seven states, more than 1,200 MW of nameplate capacity wind energy generation with a contract under power sales agreements (PSAs) of various durations. It engages in the development of wind energy facilities to operate under long-term PSAs.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 90.80%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 90.80%.
Fairly Valued
The company’s latest PE is 20.22, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 43.40M shares, decreasing 12.76% quarter-over-quarter.
Held by The Vanguard
Star Investor The Vanguard holds 6.28M shares of this stock.

Financial Health

Currency: USD Updated2025-09-17

The company's current financial score is 7.52, which is higher than the Electric Utilities & IPPs industry's average of 7.29. Its financial status is robust, and its operating efficiency is average. Its latest quarterly revenue reached 360.30M, representing a year-over-year increase of 1.64%, while its net profit experienced a year-over-year increase of 3.33%.

Score

Industry at a Glance

Previous score
7.50
Change
0.02

Financials

9.18

Key Metrics

Cash and cash equivalents

Total assets

Total liabilities

Free cash flow

No Data

Quality of Earnings

10.00

Operational Efficiency

6.28

Growth Potential

5.56

Shareholder Returns

6.61

Company Valuation

Currency: USD Updated2025-09-17

The company’s current valuation score is 6.97, which is higher than the Electric Utilities & IPPs industry's average of 5.45. Its current P/E ratio is 20.22, which is 0.70% below the recent high of 20.36 and 19.77% above the recent low of 16.22.

Score

Industry at a Glance

Previous score
7.04
Change
-0.07

Valuation Dimensions

P/E

P/B

P/S

P/CF

Industry Ranking 3/68
No Data

Earnings Forecast

Currency: USD Updated2025-09-17

The company’s current earnings forecast score is 8.00, which is higher than the Electric Utilities & IPPs industry's average of 7.27. The average price target for ALLETE Inc is 67.86, with a high of 73.00 and a low of 67.00.

Score

Industry at a Glance

Previous score
8.00
Change
0

Support & Resistance

No Data

Analyst Rating

Based on 2 analysts
Buy
Current Rating
69.287
Target Price
+7.96%
Upside Space
Strong Buy
Buy
Hold
Sell
Strong Sell

Peer Comparison

61
Total
12
Median
10
Average
Company name
Ratings
Analysts
ALLETE Inc
ALE
2
Nextera Energy Inc
NEE_pt
21
Southern Co
SO
21
Nextera Energy Inc
NEE_pr
21
Nextera Energy Inc
NEE_ps
21
Nextera Energy Inc
NEE
21
1
2
3
...
12

Financial Forecasting

EPS

Revenue

Net Profit

EBIT

No Data

Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

Price Momentum

Currency: USD Updated2025-09-17

The company’s current price momentum score is 8.52, which is higher than the Electric Utilities & IPPs industry's average of 7.04. Sideways: Currently, the stock price is trading between the resistance level at 65.19 and the support level at 62.78, making it suitable for range-bound swing trading.

Score

Industry at a Glance

Previous score
6.01
Change
2.51

Support & Resistance

No Data

Indicators

The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.

This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.

Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.

Indicators
Sell(1)
Neutral(2)
Buy(3)
Indicators
Value
Direction
MACD(12,26,9)
0.136
Neutral
RSI(14)
50.205
Neutral
STOCH(KDJ)(9,3,3)
70.975
Buy
ATR(14)
0.606
High Vlolatility
CCI(14)
127.659
Buy
Williams %R
16.990
Overbought
TRIX(12,20)
-0.124
Sell
StochRSI(14)
96.374
Buy
Moving Average
Sell(3)
Neutral(0)
Buy(3)
Indicators
Value
Direction
MA5
63.380
Buy
MA10
63.469
Buy
MA20
63.820
Buy
MA50
64.950
Sell
MA100
64.952
Sell
MA200
65.092
Sell

Institutional Confidence

Currency: USD Updated2025-09-17

The company’s current institutional recognition score is 7.00, which is higher than the Electric Utilities & IPPs industry's average of 6.21. The latest institutional shareholding proportion is 74.87%, representing a quarter-over-quarter decrease of 1.00%. The largest institutional shareholder is The Vanguard, holding a total of 6.28M shares, representing 10.82% of shares outstanding, with 1.14% decrease in holdings.

Score

Industry at a Glance

Previous score
7.00
Change
0

Institutional Shareholding

No Data

Shareholder Activity

Name
Shares Held
Chg %
BlackRock Institutional Trust Company, N.A.
7.03M
-2.53%
The Vanguard Group, Inc.
Star Investors
6.31M
-0.27%
State Street Global Advisors (US)
2.25M
-9.10%
AQR Capital Management, LLC
1.71M
+36.14%
Geode Capital Management, L.L.C.
1.41M
+1.60%
Two Sigma Investments, LP
1.51M
+13062.38%
Dimensional Fund Advisors, L.P.
961.87K
+1.14%
Qube Research & Technologies Ltd
645.36K
+30.78%
Highbridge Capital Management, LLC
835.67K
-0.81%
Melqart Asset Management (UK) Limited
637.83K
+729.65%
1
2

Risk Assessment

Currency: USD Updated2025-09-17

The company’s current risk assessment score is 7.03, which is higher than the Electric Utilities & IPPs industry's average of 5.07. The company's beta value is 0.81. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets.

Score

Industry at a Glance

Previous score
7.03
Change
0
Beta vs S&P 500 index
0.81
VaR
+1.93%
240-Day Maximum Drawdown
+6.02%
240-Day Volatility
+7.38%
Return
Best Daily Return
60 days
+2.77%
120 days
+2.77%
5 years
+8.02%
Worst Daily Return
60 days
-1.17%
120 days
-1.17%
5 years
-5.09%
Sharpe Ratio
60 days
+0.51
120 days
-0.19
5 years
+0.42
Risk Assessment
Maximum Drawdown
240 days
+6.02%
3 years
+24.70%
5 years
+33.59%
Return-to-Drawdown Ratio
240 days
+0.03
3 years
+0.19
5 years
+0.06
Skewness
240 days
+1.53
3 years
+1.48
5 years
+0.47
Volatility
Realised Volatility
240 days
+7.38%
5 years
+20.56%
Standardised True Range
240 days
+0.59%
5 years
+1.66%
Downside Risk-Adjusted Return
120 days
-34.45%
240 days
-34.45%
Maximum Daily Upside Volatility
60 days
+7.88%
Maximum Daily Downside Volatility
60 days
+5.18%
Liquidity
Average Turnover Rate
60 days
+0.99%
120 days
+0.80%
5 years
--
Turnover Deviation
20 days
+60.31%
60 days
+46.79%
120 days
+19.09%

Peer Comparison

Electric Utilities & IPPs
ALLETE Inc
ALLETE Inc
ALE
7.63 /10
Score
Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
Clearway Energy Inc
Clearway Energy Inc
CWEN
7.94 /10
Score
Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
Ormat Technologies Inc
Ormat Technologies Inc
ORA
7.64 /10
Score
Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
Clearway Energy Inc
Clearway Energy Inc
CWENa
7.63 /10
Score
Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
Renew Energy Global PLC
Renew Energy Global PLC
RNW
7.57 /10
Score
Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
FirstEnergy Corp
FirstEnergy Corp
FE
7.53 /10
Score
Financial Health
Valuation Dimensions
Earnings Forecast
Price Momentum
Institutional Confidence
Risk Assessment
View more
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