ALLETE, Inc.
General ticker "ALE" information:
- Sector: Utilities
- Industry: Electric Utilities
- Capitalization: $3.8B (TTM average)
ALLETE, Inc. follows the US Stock Market performance with the rate: 32.9%.
Estimated limits based on current volatility of 0.1%: low 67.59$, high 67.70$
Factors to consider:
- Company pays dividends (quarterly): last record date 2025-08-15, amount 0.73$ (Y4.32%)
- Total employees count: 1616 as of 2024
- Company does not operate outside North America (retrieved using AI)
- Top business risk factors: Pandemic risks, Access to capital, Labor/talent shortage/retention, Climate change and natural disasters, Acquisition/divestiture risks
- 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 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [55.53$, 72.84$]
- 2025-12-31 to 2026-12-31 estimated range: [56.33$, 74.30$]
Financial Metrics affecting the ALE estimates:
- Negative: with PPE of 19.3 at the end of fiscal year the price was very high
- Positive: 7.86 < Operating profit margin, % of 10.47
- Positive: Industry operating profit margin (median), % of 16.52 > 9.92
- Positive: Industry operating cash flow per share per price (median), % of 12.52 > 10.33
- Positive: 6.82 < Operating cash flow per share per price, % of 12.27
- Positive: -2.95 < Return on assets ratio (scaled to [-100,100]) of 1.77
Short-term ALE quotes
Long-term ALE plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $1,570.70MM | $1,879.80MM | $1,529.80MM |
| Operating Expenses | $1,436.50MM | $1,698.90MM | $1,369.70MM |
| Operating Income | $134.20MM | $180.90MM | $160.10MM |
| Non-Operating Income | $-34.10MM | $25.90MM | $-33.70MM |
| Interest Expense | $75.20MM | $80.80MM | $81.70MM |
| Income(Loss) | $100.10MM | $206.80MM | $126.40MM |
| Taxes | $-31.20MM | $27.90MM | $4.70MM |
| Profit(Loss)* | $189.30MM | $247.10MM | $179.30MM |
| Stockholders Equity | $2,691.90MM | $2,809.60MM | $2,848.00MM |
| Inventory | $455.90MM | $175.40MM | $154.60MM |
| Assets | $6,845.60MM | $6,656.40MM | $6,754.30MM |
| Operating Cash Flow | $221.30MM | $585.30MM | $457.10MM |
| Capital expenditure | $220.50MM | $271.20MM | $354.90MM |
| Investing Cash Flow | $-384.00MM | $-283.60MM | $-340.70MM |
| Financing Cash Flow | $155.20MM | $-262.50MM | $-140.60MM |
| Earnings Per Share** | $3.39 | $4.31 | $3.11 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.