ALLETE Inc

ALLETE Inc (ALE) Stock Analysis

$67.900

-0.041 (-0.06%)At close

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High
67.990
Open
67.970
VWAP
67.92
Vol
4.39M
Mkt Cap
3.60B
Low
67.880
Amount
298.50M
EV/EBITDA, TTM
12.30

ALLETE, Inc. is an energy company. The Company's segments include Regulated Operations, ALLETE Clean Energy, New Energy and Corporate and Other. The Regulated Operations segment includes its regulated utilities, Minnesota Power and Superior Water, Light and Power Company, as well as its investment in American Transmission Company LLC, a Wisconsin-based regulated utility that owns and maintains electric transmission assets in portions of Wisconsin, Michigan, Minnesota and Illinois. The ALLETE Clean Energy segment is focused on developing, acquiring, and operating clean and renewable energy projects. The New Energy segment is a renewable energy company with a primary focus on developing solar and energy storage facilities for external sale and internal ownership while also offering comprehensive operations, maintenance and asset management services. The Corporate and Other segment is comprised of its investment in Nobles 2, South Shore Energy, BNI Energy, ALLETE Properties and others.

Analyst Ratings (5)

-1.33% downside
Hold
0 Buy
4 Hold
1 Sell
Current: 67.90
Low
67.00
Average
67.00
High
67.00

Mizuho

2024-05-16

Price Target

$67

Hold

Wells Fargo

2024-02-21

Price Target

$59

Hold

Guggenheim

2024-01-22

Price Target

$58

Hold

Sidoti & Co.

2024-01-10

Price Target

$64

Hold

Mizuho

2023-07-21

Price Target

$58

Hold

Valuation Metrics

The current forward P/E ratio for ALLETE Inc (ALE) is 16.52, compared to its 5-year average forward P/E of 16.07.

Forward P/E

Fair
5Y Average P/E
16.07
Current P/E
16.52
Overvalued
17.38
Undervalued
14.75

Forward EV/EBITDA

Fair
5Y Average EV/EBITDA
12.22
Current EV/EBITDA
12.30
Overvalued
13.03
Undervalued
11.40

Forward P/S

Fair
5Y Average P/S
2.17
Current P/S
2.19
Overvalued
2.36
Undervalued
1.97

Whales holding ALE

A

AlphaQuest LLC

+ HoldingALE

+9.14%

3M Return

A

Alberta Investment Management Corporation

+ HoldingALE

+4.21%

3M Return

O

Old Republic International Corporation

+ HoldingALE

+2.12%

3M Return

C

Caxton Associates (USA) LLC

+ HoldingALE

-7.30%

3M Return

L

LMR Partners LLP

+ HoldingALE

-7.70%

3M Return

Events Timeline

2025-12-15 (ET)

10:00:00

ALLETE Acquired by CPP Investments and GIP, Shareholders to Receive $67 per Share

06:50:00

ALLETE Declares Stub Period Dividend of $0.008 per Share

2025-12-12 (ET)

17:20:00

Canada Pension Plan and Global Infrastructure Partners Acquire Allete

2025-12-11 (ET)

14:50:00

Allete Acquisition Approved, Expected to Deliver $200 Million in Historical Benefits

2025-07-11 (ET)

15:39:19

Allete announces agreement with Minnesota Department of Commerce

News

ALE FAQ — answered by Alphio AI

ALLETE, Inc. is an energy company. The Company's segments include Regulated Operations, ALLETE Clean Energy, New Energy and Corporate and Other. The Regulated Operations segment includes its regulated utilities, Minnesota Power and Superior Water, Light and Power Company, as well as its investment in American Transmission Company LLC, a Wisconsin-based regulated utility that owns and maintains electric transmission assets in portions of Wisconsin, Michigan, Minnesota and Illinois. The ALLETE Clean Energy segment is focused on developing, acquiring, and operating clean and renewable energy projects. The New Energy segment is a renewable energy company with a primary focus on developing solar and energy storage facilities for external sale and internal ownership while also offering comprehensive operations, maintenance and asset management services. The Corporate and Other segment is comprised of its investment in Nobles 2, South Shore Energy, BNI Energy, ALLETE Properties and others. It operates in the Utilities sector (ELECTRIC & OTHER SERVICES COMBINED industry).

5 analysts cover ALE: 0 rate it Buy, 4 Hold and 1 Sell. The average price target is 67.00.

本页仅供研究参考,不构成投资建议。模型可能出错。过往表现不代表未来结果。

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