stoxline Quote Chart Rank Option Currency Glossary
  
ALLETE, Inc. (ALE)
65.2  0.45 (0.69%)    04-22 15:59
Open: 65
High: 65.2
Volume: 299,531
  
Pre. Close: 64.75
Low: 64.9355
Market Cap: 3,779(M)
Technical analysis
2025-04-22 3:45:18 PM
Short term     
Mid term     
Targets 6-month :  76.91 1-year :  89.83
Resists First :  65.84 Second :  76.91
Pivot price 64.94
Supports First :  64.79 Second :  64.15
MAs MA(5) :  64.87 MA(20) :  65.11
MA(100) :  65.22 MA(250) :  64.17
MACD MACD :  -0.2 Signal :  -0.2
%K %D K(14,3) :  43.9 D(3) :  40.8
RSI RSI(14): 48.9
52-week High :  65.98 Low :  59
Price, MAs and Bollinger Bands

Price has closed above its short-term moving average. Short-term moving average is currently below mid-term; and below long-term moving average. From the relationship between price and moving averages: This stock is NEUTRAL in short-term; and NEUTRAL in mid-long term.
[ ALE ] has closed below upper band by 40.8%. Bollinger Bands are 43.5% wider than normal. The large width of the bands suggest high volatility as compared to its normal range. The bands have been in this wide range for 9 days. This is a sign that the current trend might continue.

Stock Price Prediction
If tomorrow: Open lower Open higher
High: 65.17 - 65.56 65.56 - 65.94
Low: 63.67 - 64.14 64.14 - 64.59
Close: 64.04 - 64.72 64.72 - 65.38
Company Description

ALLETE, Inc. operates as an energy company. The company operates through Regulated Operations, ALLETE Clean Energy, and Corporate and Other segments. It generates electricity from coal-fired, biomass co-fired / natural gas, hydroelectric, wind, and solar. The company provides regulated utility electric services in northwestern Wisconsin to approximately 15,000 electric customers, 13,000 natural gas customers, and 10,000 water customers, as well as regulated utility electric services in northeastern Minnesota to approximately 145,000 retail customers and 15 non-affiliated municipal customers. It also owns and maintains electric transmission assets in Wisconsin, Michigan, Minnesota, and Illinois. In addition, the company focuses on developing, acquiring, and operating clean and renewable energy projects; and owns and operates approximately 1,000 megawatts of wind energy generation facility. Further, it is involved in the coal mining operations in North Dakota; and real estate investment activities in Florida. The company owns and operates 158 substations with a total capacity of 10,066 megavolt amperes. It serves taconite mining, paper, pulp and secondary wood products, pipeline, and other industries. The company was formerly known as Minnesota Power, Inc. and changed its name to ALLETE, Inc. in May 2001. ALLETE, Inc. was incorporated in 1906 and is headquartered in Duluth, Minnesota.

Headline News

Tue, 15 Apr 2025
ALLETE recognized for commitment to women in leadership roles - Quantisnow

Tue, 15 Apr 2025
ALLETE Sets Industry Benchmark: 50% Women in Board and Executive Roles - Stock Titan

Wed, 09 Apr 2025
New Energy Equity Announces Leadership Transition: Josh Kunkel to Succeed Matt Hankey as CEO - Yahoo Finance

Thu, 13 Mar 2025
ALLETE Secures Critical Wisconsin Approval for $6.2B Infrastructure Buyout - Stock Titan

Tue, 11 Mar 2025
ALLETE Appoints M&A Veteran as CFO to Guide $2.6B Privatization Deal - Stock Titan

Tue, 11 Mar 2025
ALLETE Names Jeff Scissons Chief Financial Officer - Business Wire

Financial Analysis
Price to Book Value:
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Underperform
Price to Earnings:
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Underperform
Discounted cash flow:
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Underperform
Return on Assets:
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Neutral
Return on Equity:
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Underperform
Debt to Equity:
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Outperform
Stock Basics & Statistics
Exchange:
NYSE
Sector:
Utilities
Industry:
Diversified Utilities
Shares Out 58 (M)
Shares Float 58 (M)
Held by Insiders 0.2 (%)
Held by Institutions 73.9 (%)
Shares Short 830 (K)
Shares Short P.Month 839 (K)
Stock Financials
EPS 3.09
EPS Est Next Qtrly 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) 49.2
Profit Margin 11.7 %
Operating Margin 9.6 %
Return on Assets (ttm) 1.6 %
Return on Equity (ttm) 3.5 %
Qtrly Rev. Growth -9.4 %
Gross Profit (p.s.) 8.58
Sales Per Share 26.42
EBITDA (p.s.) 7.71
Qtrly Earnings Growth -2.3 %
Operating Cash Flow 457 (M)
Levered Free Cash Flow 31 (M)
Stock Valuations
PE Ratio 20.98
PEG Ratio 0
Price to Book value 1.32
Price to Sales 2.46
Price to Cash Flow 8.24
Stock Dividends
Dividend 0.73
Forward Dividend 0
Dividend Yield 1.1%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.

StockChart iOS

StoxlineLite iOS

StoxlineLite iOS

OptionCalc iOS

StockChart Android

StoxlineLite Android

StoxlinePro Android

OptionCalc Android