Allete Inc (ALE)

$57.87

+0.47

(+0.82%)▲

Market is closed - opens 7 PM, 18 Apr 2024

Insights on Allete Inc

  • Increasing Revenue

    Revenue is up for the last 2 quarters, 378.8M → 402.7M (in $), with an average increase of 5.9% per quarter

  • Decreasing Net Profit

    Netprofit is down for the last 2 quarters, 85.9M → 51.5M (in $), with an average decrease of 40.1% per quarter

  • Vs OTTR

    In the last 1 year, Otter Tail Corp has given 13.7% return, outperforming this stock by 24.3%

  • Vs OTTR

    In the last 3 years, Otter Tail Corp has given 75.0% return, outperforming this stock by 93.7%

Performance

  • $57.31
    $58.19
    $57.87
    downward going graph

    0.98%

    Downside

    Day's Volatility :1.52%

    Upside

    0.55%

    downward going graph
  • $48.06
    $62.90
    $57.87
    downward going graph

    16.95%

    Downside

    52 Weeks Volatility :23.59%

    Upside

    8.0%

    downward going graph

Returns

PeriodAllete IncSector (Utilities)Index (Russel 2000)
3 Months
-3.35%
1.7%
0.0%
6 Months
5.83%
5.1%
0.0%
1 Year
-10.63%
-9.4%
-1.9%
3 Years
-19.04%
-6.6%
-21.8%

Highlights

Market Capitalization
3.3B
Book Value
$48.78
Dividend Share
2.71
Dividend Yield
4.88%
Earnings Per Share (EPS)
4.3
PE Ratio
13.44
PEG Ratio
2.22
Wall Street Target Price
60.77
Profit Margin
13.15%
Operating Margin TTM
10.65%
Return On Assets TTM
1.76%
Return On Equity TTM
5.3%
Revenue TTM
1.9B
Revenue Per Share TTM
32.81
Quarterly Revenue Growth YOY
-5.4%
Gross Profit TTM
446.8M
EBITDA
443.4M
Diluted Eps TTM
4.3
Quarterly Earnings Growth YOY
-0.01
EPS Estimate Current Year
3.84
EPS Estimate Next Year
4.19
EPS Estimate Current Quarter
0.97
EPS Estimate Next Quarter
1.19

Analyst Recommendation

Sell
    14%Buy
    35%Hold
    50%Sell
Based on 14 Wall street analysts offering stock ratings for Allete Inc(by analysts ranked 0 to 5 stars)
Based on 14 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
2
2
2
Hold
5
5
5
Sell
7
7
7

Analyst Forecast

What analysts predicted

Upside of 5.01%

Current $57.87
Target $60.77

Company Financials

FY18Y/Y Change
Revenue
1.5B
↑ 5.59%
Net Income
174.1M
↑ 1.1%
Net Profit Margin
11.62%
↓ 0.51%
FY19Y/Y Change
Revenue
1.2B
↓ 17.22%
Net Income
185.6M
↑ 6.61%
Net Profit Margin
14.96%
↑ 3.34%
FY20Y/Y Change
Revenue
1.2B
↓ 5.76%
Net Income
174.2M
↓ 6.14%
Net Profit Margin
14.9%
↓ 0.06%
FY21Y/Y Change
Revenue
1.4B
↑ 21.39%
Net Income
169.2M
↓ 2.87%
Net Profit Margin
11.92%
↓ 2.98%
FY22Y/Y Change
Revenue
1.6B
↑ 10.68%
Net Income
131.3M
↓ 22.4%
Net Profit Margin
8.36%
↓ 3.56%
FY23Y/Y Change
Revenue
1.9B
↑ 19.68%
Net Income
247.1M
↑ 88.19%
Net Profit Margin
13.15%
↑ 4.79%
Q3 FY22Q/Q Change
Revenue
388.3M
↑ 4.07%
Net Income
26.8M
↑ 28.85%
Net Profit Margin
6.9%
↑ 1.33%
Q4 FY22Q/Q Change
Revenue
425.8M
↑ 9.66%
Net Income
37.2M
↑ 38.81%
Net Profit Margin
8.74%
↑ 1.84%
Q1 FY23Q/Q Change
Revenue
564.9M
↑ 32.67%
Net Income
37.6M
↑ 1.08%
Net Profit Margin
6.66%
↓ 2.08%
Q2 FY23Q/Q Change
Revenue
533.4M
↓ 5.58%
Net Income
51.5M
↑ 36.97%
Net Profit Margin
9.66%
↑ 3.0%
Q3 FY23Q/Q Change
Revenue
378.8M
↓ 28.98%
Net Income
85.9M
↑ 66.8%
Net Profit Margin
22.68%
↑ 13.02%
Q4 FY23Q/Q Change
Revenue
402.7M
↑ 6.31%
Net Income
51.5M
↓ 40.05%
Net Profit Margin
12.79%
↓ 9.89%
FY18Y/Y Change
Total Assets
5.2B
↑ 1.67%
Total Liabilities
3.0B
↓ 0.09%
FY19Y/Y Change
Total Assets
5.5B
↑ 6.15%
Total Liabilities
3.1B
↑ 4.59%
FY20Y/Y Change
Total Assets
6.1B
↑ 10.98%
Total Liabilities
3.3B
↑ 4.36%
FY21Y/Y Change
Total Assets
6.4B
↑ 5.76%
Total Liabilities
3.5B
↑ 6.22%
FY22Y/Y Change
Total Assets
6.8B
↑ 6.38%
Total Liabilities
3.5B
↑ 0.25%
FY23Y/Y Change
Total Assets
7.4B
↑ 7.59%
Total Liabilities
4.0B
↑ 13.17%
Q3 FY22Q/Q Change
Total Assets
6.9B
↑ 0.28%
Total Liabilities
3.5B
↑ 0.69%
Q4 FY22Q/Q Change
Total Assets
6.8B
↓ 0.18%
Total Liabilities
3.5B
↓ 0.19%
Q1 FY23Q/Q Change
Total Assets
6.7B
↓ 2.06%
Total Liabilities
3.3B
↓ 4.3%
Q2 FY23Q/Q Change
Total Assets
6.6B
↓ 2.04%
Total Liabilities
3.2B
↓ 4.4%
Q3 FY23Q/Q Change
Total Assets
6.6B
↑ 1.17%
Total Liabilities
3.2B
↑ 1.52%
Q4 FY23Q/Q Change
Total Assets
7.4B
↑ 10.84%
Total Liabilities
4.0B
↑ 21.85%
FY18Y/Y Change
Operating Cash Flow
433.1M
↑ 7.5%
Investing Cash Flow
-349.0M
↑ 52.4%
Financing Cash Flow
-115.2M
↑ 12.39%
FY19Y/Y Change
Operating Cash Flow
249.5M
↓ 42.39%
Investing Cash Flow
-345.3M
↓ 1.06%
Financing Cash Flow
109.3M
↓ 194.88%
FY20Y/Y Change
Operating Cash Flow
299.8M
↑ 20.16%
Investing Cash Flow
-812.8M
↑ 135.39%
Financing Cash Flow
485.7M
↑ 344.37%
FY21Y/Y Change
Operating Cash Flow
263.5M
↓ 12.11%
Investing Cash Flow
-485.2M
↓ 40.31%
Financing Cash Flow
204.2M
↓ 57.96%
FY22Y/Y Change
Operating Cash Flow
221.3M
↓ 16.02%
Investing Cash Flow
-384.0M
↓ 20.86%
Financing Cash Flow
155.2M
↓ 24.0%
Q3 FY22Q/Q Change
Operating Cash Flow
89.1M
↓ 2974.19%
Investing Cash Flow
-63.9M
↓ 65.85%
Financing Cash Flow
-58.3M
↓ 129.61%
Q4 FY22Q/Q Change
Operating Cash Flow
140.1M
↑ 57.24%
Investing Cash Flow
-72.9M
↑ 14.08%
Financing Cash Flow
-75.6M
↑ 29.67%
Q1 FY23Q/Q Change
Operating Cash Flow
92.4M
↓ 34.05%
Investing Cash Flow
-74.7M
↑ 2.47%
Financing Cash Flow
-18.3M
↓ 75.79%
Q2 FY23Q/Q Change
Operating Cash Flow
239.2M
↑ 158.87%
Investing Cash Flow
-56.6M
↓ 24.23%
Financing Cash Flow
-171.1M
↑ 834.97%
Q3 FY23Q/Q Change
Operating Cash Flow
188.4M
↓ 21.24%
Investing Cash Flow
-200.6M
↑ 254.42%
Financing Cash Flow
-39.0M
↓ 77.21%

Technicals Summary

Sell

Neutral

Buy

Allete Inc is currently not in a favorable trading position ( SELL ) according to technical analysis indicators.

More on Technical Analysis

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Allete Inc
Allete Inc
-0.81%
5.83%
-10.63%
-19.04%
-28.06%
Otter Tail Corp
Otter Tail Corp
3.47%
10.61%
13.66%
75.91%
64.39%
Brookfield Infrastructure Partners L.p.
Brookfield Infrastructure Partners L.p.
-14.01%
-2.49%
-29.75%
-31.36%
-9.65%
Sempra Energy
Sempra Energy
-5.93%
-5.89%
-14.3%
-3.92%
4.34%
Aes Corporation, The
Aes Corporation, The
6.92%
15.71%
-34.61%
-43.86%
-10.11%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Allete Inc
Allete Inc
13.44
13.44
2.22
3.84
0.05
0.02
0.05
48.78
Otter Tail Corp
Otter Tail Corp
11.86
11.86
2.1
5.3
0.22
0.08
0.02
34.6
Brookfield Infrastructure Partners L.p.
Brookfield Infrastructure Partners L.p.
181.36
181.36
1.18
0.83
0.05
0.03
0.06
11.53
Sempra Energy
Sempra Energy
14.22
14.22
3.49
4.8
0.12
0.03
0.04
44.01
Aes Corporation, The
Aes Corporation, The
47.53
47.53
1.25
1.91
-0.03
0.03
0.04
2.46
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Allete Inc
Allete Inc
Sell
$3.3B
-28.06%
13.44
13.15%
Otter Tail Corp
Otter Tail Corp
Hold
$3.5B
64.39%
11.86
21.81%
Brookfield Infrastructure Partners L.p.
Brookfield Infrastructure Partners L.p.
Buy
$11.7B
-9.65%
181.36
0.7%
Sempra Energy
Sempra Energy
Buy
$43.1B
4.34%
14.22
18.39%
Aes Corporation, The
Aes Corporation, The
Buy
$11.5B
-10.11%
47.53
1.97%

Institutional Holdings

  • BlackRock Inc

    13.50%

  • Vanguard Group Inc

    11.41%

  • State Street Corporation

    4.04%

  • Victory Capital Management Inc.

    2.26%

  • Geode Capital Management, LLC

    2.19%

  • First Trust Advisors L.P.

    2.17%

Corporate Announcements

  • Allete Inc Dividends March,2024

    In the quarter ending March,2024. Allete Inc has declared dividend of $0.71

    Read More

Company Information

ALLETE, Inc. engages in the provision of electric and natural gas utility services.

Organization
Allete Inc
Employees
1513
CEO
Ms. Bethany M. Owen
Industry
Utilities

Discover More

FAQs