ALLETE Inc (ALE)
64.05
+0.15
(+0.23%)
USD |
NYSE |
Mar 30, 16:00
64.07
+0.02
(+0.03%)
After-Hours: 20:00
Key Stats
| Price and Performance | |
|---|---|
| Market Cap | 3.667B |
| 52 Week High (Daily) | Upgrade |
| 52 Week Low (Daily) | Upgrade |
| All-Time High (Daily) | Upgrade |
| Year to Date Total Returns (Daily) | Upgrade |
| 1 Month Total Returns (Daily) | Upgrade |
| 1 Year Total Returns (Daily) | -1.32% |
| Valuation | |
| PE Ratio | 18.84 |
| PE Ratio (Forward) | Upgrade |
| PS Ratio | 2.282 |
| Price to Book Value | 1.362 |
| EV to EBITDA | Upgrade |
| Dividend | |
|---|---|
| Dividend | 0.6775 |
| Dividend Yield (Forward) | Upgrade |
| Financials | |
| Revenue (5 Year Growth) | Upgrade |
| Revenue (Quarterly YoY Growth) | Upgrade |
| EPS Diluted (5 Year Growth) | Upgrade |
| EPS Diluted (Quarterly YoY Growth) | Upgrade |
| Debt to Equity Ratio | 0.7135 |
| Return on Equity | Upgrade |
| Return on Assets | Upgrade |
| Risk | |
| Beta (5Y) | Upgrade |
| Max Drawdown (5Y) | 42.20% |
News
Headline
Wire
Time (ET)
Yahoo
03/08 05:33
Yahoo
02/16 06:30
Yahoo
02/14 09:30
Events
| DATE | TIME | TYPE | PERIOD | REPORTED EPS |
ESTIMATED EPS |
SURPRISE | |
| 05/05/2023* | -- | Results | Q1 2023 | -- | 1.18 | -- | |
| 05/05/2023* | 10:00 EST | Earnings Call | Q1 2023 | -- | -- | -- | |
| 02/16/2023 | -- | Results | Q4 2022 | 0.90 | 1.16 | -22.61% | |
| 02/16/2023 | 10:00 EST | Earnings Call | Q4 2022 | -- | -- | -- | |
| 11/09/2022 | -- | Results | Q3 2022 | 0.59 | 0.70 | -16.09% | |
| 11/09/2022 | 10:00 EST | Earnings Call | Q3 2022 | -- | -- | -- | |
| 08/03/2022 | -- | Results | Q2 2022 | 0.77 | 0.66 | 16.24% | |
| 08/03/2022 | 10:00 EST | Earnings Call | Q2 2022 | -- | -- | -- |
*Estimated Date/Time
Earnings
Profile
| ALLETE Inc is a provider of competitively-priced energy in America's Upper Midwest region and invests in transmission infrastructure and other energy-centric businesses. The company's two reportable segments are 1) Regulated Operations includes the company's 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. 2) ALLETE Clean Energy focuses on developing, acquiring, and operating clean and renewable energy projects. |
| URL | https://www.allete.com |
| Investor Relations URL | https://investor.allete.com/ |
| HQ State/Province | Minnesota |
| Sector | Utilities |
| Industry | Utilities - Diversified |
| Equity Style | Small Cap/Blend |
| Next Earnings Release | May. 05, 2023 (est.) |
| Last Earnings Release | Feb. 16, 2023 |
| Next Ex-Dividend Date | N/A |
| Last Ex-Dividend Date | Feb. 14, 2023 |
Analyst Coverage
|
Consensus Rating
|
|
|
Analyst Recommendation
|
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Source: S&P Global
Dividends
| Dividend Per Share (TTM) | 2.60 |
|
2017
2018
2019
2020
2021
6.00%
4.00%
2.00%
|
|
| Yield to Market | 2.962 |
| Yield to Sector | 0.8773 |
| Yield to Industry | 0.5492 |
| Last Dividend Amt. | 0.6775 |
| Dividend Frequency | Quarterly |
| Last Ex-Dividend Date | Feb. 14, 2023 |
| Yield (TTM) | 4.10% |
| Forward Yield | 4.23% |
| Payout Ratio | 77.07% |
| Cash Payout Ratio | 18.24K% |
| Consistent Payer (5Y) |
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| Consistent Growth (5Y) |
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Risk
Total Returns Comparison
Annual Total Returns Versus Peers
As of March 30, 2023.
Fundamentals
| Revenue (TTM) | 1.571B |
| Total Expenses (TTM) | 1.436B |
| Net Income (TTM) | 189.30M |
| Total Assets (Quarterly) | 6.846B |
| Total Liabilities (Quarterly) | 3.497B |
| Shareholders Equity (Quarterly) | 2.692B |
| Cash from Operations (TTM) | 221.30M |
| Cash from Investing (TTM) | -384.00M |
| Cash from Financing (TTM) | 155.20M |
Ratings
Profile
| ALLETE Inc is a provider of competitively-priced energy in America's Upper Midwest region and invests in transmission infrastructure and other energy-centric businesses. The company's two reportable segments are 1) Regulated Operations includes the company's 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. 2) ALLETE Clean Energy focuses on developing, acquiring, and operating clean and renewable energy projects. |
| URL | https://www.allete.com |
| Investor Relations URL | https://investor.allete.com/ |
| HQ State/Province | Minnesota |
| Sector | Utilities |
| Industry | Utilities - Diversified |
| Equity Style | Small Cap/Blend |
| Next Earnings Release | May. 05, 2023 (est.) |
| Last Earnings Release | Feb. 16, 2023 |
| Next Ex-Dividend Date | N/A |
| Last Ex-Dividend Date | Feb. 14, 2023 |
Ownership
| Insider Ownership Percentage | Upgrade |
Jul '20
Nov '20
Mar '21
80.00%
40.00%
10.00%
Analyst Coverage
|
Consensus Rating
|
|
|
Analyst Recommendation
|
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Source: S&P Global
Top Fund Holders
| Symbol | Dollars Invested | % Weight |
|---|---|---|
| STRMX | 1.769M USD | 3.64% |
| CNRG | 8.923M USD | 2.61% |
| HNTVX | 15.30M USD | 2.24% |
| PEY | 30.04M USD | 2.07% |
| ATL771 | 23.66M USD | 2.04% |
| XMLV | 15.68M USD | 1.55% |
| CSB | 5.788M USD | 1.54% |
| ARSBX | 2.752M USD | 1.44% |
| GSSCX | 24.11M USD | 0.85% |
| IFRA | 13.76M USD | 0.78% |
| SCRSX | 4.498M USD | 0.63% |
| JPSE | 1.149M USD | 0.33% |
Other Resources
| Whale Wisdom | 13F Filings |
| Seeking Alpha | Call Transcripts |
| Nasdaq | Insider Trading |
| Nasdaq | Institutional Ownership |
| Nasdaq | Option Chain |
| SEC | SEC Filings |
| ALE Tweets |