Allete Inc Stock Analysis

ALE Stock  USD 65.83  0.41  0.62%   
Allete Inc is fairly valued with Real Value of 67.31 and Target Price of 69.0. The main objective of Allete stock analysis is to determine its intrinsic value, which is an estimate of what Allete Inc is worth, separate from its market price. There are two main types of Allete's stock analysis: fundamental analysis and technical analysis.
The Allete stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Allete's ongoing operational relationships across important fundamental and technical indicators.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allete Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Allete Stock Analysis Notes

About 75.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.34. Some equities with similar Price to Book (P/B) outperform the market in the long run. Allete Inc has Price/Earnings To Growth (PEG) ratio of 2.3. The entity last dividend was issued on the 15th of May 2025. The firm had 1:3 split on the 21st of September 2004. The company operates through Regulated Operations, ALLETE Clean Energy, and Corporate and Other segments. ALLETE, Inc. was incorporated in 1906 and is headquartered in Duluth, Minnesota. Allete operates under UtilitiesDiversified classification in the United States and is traded on New York Stock Exchange. It employs 1428 people. For more info on Allete Inc please contact Alan Hodnik at 218 279 5000 or go to https://www.allete.com.

Allete Quarterly Total Revenue

400.2 Million

Allete Inc Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Allete's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Allete Inc or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Allete Inc is unlikely to experience financial distress in the next 2 years
Allete Inc has 1.8 B in debt with debt to equity (D/E) ratio of 0.6, which is OK given its current industry classification. Allete Inc has a current ratio of 0.91, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Allete to invest in growth at high rates of return.
Allete Inc has a strong financial position based on the latest SEC filings
About 75.0% of Allete shares are held by institutions such as insurance companies
Latest headline from simplywall.st: The Bull Case For ALLETE Could Change Following 250M Private Bond Placement Completion Learn Why

Allete Inc Upcoming and Recent Events

15th of February 2024
Upcoming Quarterly Report
View
1st of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
15th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

Allete Largest EPS Surprises

Earnings surprises can significantly impact Allete's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2013-08-01
2013-06-300.40.35-0.0512 
2009-08-05
2009-06-300.290.340.0517 
2005-02-10
2004-12-310.50.550.0510 
View All Earnings Estimates

Allete Environmental, Social, and Governance (ESG) Scores

Allete's ESG score is a quantitative measure that evaluates Allete's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Allete's operations that may have significant financial implications and affect Allete's stock price as well as guide investors towards more socially responsible investments.

Allete Thematic Classifications

In addition to having Allete stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Utilities Idea
Utilities
USA Equities from Utilities industry as classified by Fama & French

Allete Stock Institutional Investors

Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Adage Capital Partners Gp Llc2025-03-31
244.3 K
Note, although Allete's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Allete Market Capitalization

The company currently falls under 'Mid-Cap' category with a total capitalization of 3.84 B.

Allete Profitablity

The company has Net Profit Margin of 0.12 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.14 %, which entails that for every 100 dollars of revenue, it generated $0.14 of operating income.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.03  0.04 
Return On Capital Employed 0.03  0.02 
Return On Assets 0.03  0.04 
Return On Equity 0.06  0.10 

Management Efficiency

Allete Inc has Return on Asset of 0.0164 % which means that on every $100 spent on assets, it made $0.0164 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0351 %, implying that it generated $0.0351 on every 100 dollars invested. Allete's management efficiency ratios could be used to measure how well Allete manages its routine affairs as well as how well it operates its assets and liabilities. At present, Allete's Return On Assets are projected to slightly decrease based on the last few years of reporting. The current year's Return On Equity is expected to grow to 0.10, whereas Return On Capital Employed is forecasted to decline to 0.02. At present, Allete's Return On Tangible Assets are projected to slightly decrease based on the last few years of reporting. The current year's Intangibles To Total Assets is expected to grow to 0.04, whereas Non Current Assets Total are forecasted to decline to about 3.5 B.
Last ReportedProjected for Next Year
Book Value Per Share 58.75  30.92 
Tangible Book Value Per Share 56.06  58.87 
Enterprise Value Over EBITDA 11.32  7.02 
Price Book Value Ratio 1.31  0.95 
Enterprise Value Multiple 11.32  7.02 
Price Fair Value 1.31  0.95 
Enterprise Value1.3 B894.5 M
The decision-making processes within Allete are key to its success in a competitive market. By evaluating these processes, we assess the stock's potential for future gains.
Dividend Yield
0.0434
Operating Margin
0.1369
Profit Margin
0.121
Forward Dividend Yield
0.0442
Beta
0.768

Technical Drivers

As of the 23rd of July, Allete shows the Mean Deviation of 0.2638, downside deviation of 0.3563, and Risk Adjusted Performance of 0.1047. Allete Inc technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Allete Inc treynor ratio, and the relationship between the variance and potential upside to decide if Allete Inc is priced correctly, providing market reflects its regular price of 65.83 per share. Given that Allete has jensen alpha of 0.0185, we suggest you to validate Allete Inc's prevailing market performance to make sure the company can sustain itself at a future point.

Allete Inc Price Movement Analysis

The output start index for this execution was thirty-two with a total number of output elements of twenty-nine. The MESA Adaptive Moving Average indicator adapts to Allete Inc price movement based on the rate change of phase as measured by the Hilbert Transform Discriminator.

Allete Inc Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Allete insiders, such as employees or executives, is commonly permitted as long as it does not rely on Allete's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Allete insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Allete Outstanding Bonds

Allete issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Allete Inc uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Allete bonds can be classified according to their maturity, which is the date when Allete Inc has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Allete Predictive Daily Indicators

Allete intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Allete stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Allete Corporate Filings

8K
14th of July 2025
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
27th of June 2025
Other Reports
ViewVerify
F4
2nd of June 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
8K
15th of May 2025
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
10Q
8th of May 2025
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify
ASR
6th of May 2025
Automatic Shelf Registration Statement under Rule 415 filed with the U.S. Securities and Exchange Commission (SEC)
ViewVerify
F3
28th of April 2025
The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock
ViewVerify
8K
16th of April 2025
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify

Allete Forecast Models

Allete's time-series forecasting models are one of many Allete's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Allete's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Allete Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Allete prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Allete shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Allete. By using and applying Allete Stock analysis, traders can create a robust methodology for identifying Allete entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.08  0.13 
Operating Profit Margin 0.10  0.17 
Net Profit Margin 0.12  0.13 
Gross Profit Margin 0.76  0.63 

Current Allete Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Allete analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Allete analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
69.0Buy3Odds
Allete Inc current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Allete analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Allete stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Allete Inc, talking to its executives and customers, or listening to Allete conference calls.
Allete Analyst Advice Details

Allete Stock Analysis Indicators

Allete Inc stock analysis indicators help investors evaluate how Allete stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Allete shares will generate the highest return on investment. By understating and applying Allete stock analysis, traders can identify Allete position entry and exit signals to maximize returns.
Begin Period Cash Flow79.4 M
Long Term Debt1.7 B
Common Stock Shares Outstanding57.8 M
Total Stockholder Equity2.8 B
Total Cashflows From Investing Activities-340.7 M
Tax Provision4.7 M
Quarterly Earnings Growth Y O Y0.101
Property Plant And Equipment Net5.2 B
Cash And Short Term Investments32.8 M
Cash32.8 M
Accounts Payable113.6 M
Net Debt1.8 B
50 Day M A65.0446
Total Current Liabilities404.2 M
Other Operating Expenses1.7 B
Non Current Assets Total6.3 B
Forward Price Earnings18.4162
Non Currrent Assets Other642.2 M
Stock Based Compensation6.6 M

Complementary Tools for Allete Stock analysis

When running Allete's price analysis, check to measure Allete's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Allete is operating at the current time. Most of Allete's value examination focuses on studying past and present price action to predict the probability of Allete's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allete's price. Additionally, you may evaluate how the addition of Allete to your portfolios can decrease your overall portfolio volatility.
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