ALLETE Inc
General ticker "ALE" information:
- Sector: Utilities
- Industry: Electric Utilities
- Capitalization: $3.7B
ALLETE Inc follows the US Stock Market performance with the rate: 47.5%.
Estimated limits based on current volatility of 0.2%: low 64.49$, high 64.75$
Factors to consider:
- Company pays dividends: last record date 2024-11-15, amount 0.70$ (Y4.33%)
- Price in estimated range
- Earnings for 9 months up through Q3 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [50.26$, 67.84$]
- 2024-12-30 to 2025-12-30 estimated range: [52.01$, 70.45$]
Financial Metrics affecting the ALE estimates:
- Positive: Non-GAAP EPS, $ of 4.30 > 2.29
- Positive: Operating cash flow per share per price, % of 17.17 > 12.76
- Positive: Industry operating cash flow per share per price (median), % of 11.99 > 10.07
- Negative: Investing cash flow per share, $ of -4.95 <= -3.48
- Positive: 9.05 < Operating profit margin, % of 9.62
Short-term ALE quotes
Long-term ALE plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $1,419.20MM | $1,570.70MM | $1,879.80MM |
| Operating Expenses | $1,267.90MM | $1,436.50MM | $1,698.90MM |
| Operating Income | $151.30MM | $134.20MM | $180.90MM |
| Non-Operating Income | $-40.40MM | $-34.10MM | $25.90MM |
| Interest Expense | $69.10MM | $75.20MM | $80.80MM |
| Income(Loss) | $110.90MM | $100.10MM | $206.80MM |
| Taxes | $-26.90MM | $-31.20MM | $27.90MM |
| Profit(Loss) | $137.80MM | $131.30MM | $178.90MM |
| Stockholders Equity | $2,404.30MM | $2,691.90MM | $2,809.60MM |
| Inventory | $97.70MM | $455.90MM | $175.40MM |
| Assets | $6,422.30MM | $6,845.60MM | $6,656.40MM |
| Operating Cash Flow | $263.50MM | $221.30MM | $585.30MM |
| Capital expenditure | $473.30MM | $220.50MM | $271.20MM |
| Investing Cash Flow | $-485.20MM | $-384.00MM | $-283.60MM |
| Financing Cash Flow | $204.20MM | $155.20MM | $-262.50MM |
| Earnings Per Share* | $3.23 | $2.35 | $4.31 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.