ALLETE Inc stock page - price, fundamentals, dividends - iOCharts

ALE

63.65
-2.20 (-3.34%)
ALLETE Inc (NYSE, USD)
Utilities >
Utilities-Diversified
Market cap
3.33B
Ent value
6.74B
Price/Sales
2.85
Price/Book
1.17
Div yield
3.96%
Div growth
3.91%
Growth years
10
FCF payout
-15.31%
Trailing P/E
19.10
Forward P/E
16.40
PEG
2.73
EPS growth
4.40%
1 year return
-7.54%
3 year return
-5.45%
5 year return
0.19%
10 year return
4.47%
Last updated: 2022-01-19

STOCK INFORMATION

Stock chart

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Stock price data
Open65.52
Daily high65.67
Daily low63.59
Daily Volume388K
All-time high88.17
1y analyst estimate70.00
Beta0.52
EPS (TTM)3.34
Dividend per share2.52
Ex-div date12 Nov 2021
Next earnings date8 Nov 2021

Downside potential

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Downside potential data
ALES&P500
Current price drop from All-time high-27.81%-4.44%
Highest price drop-67.84%-56.47%
Date of highest drop8 Mar 20009 Mar 2009
Avg drop from high-20.76%-11.36%
Avg time to new high39 days12 days
Max time to new high1964 days1805 days

DIVIDENDS

Dividend yield - 5y

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Dividend yield data
Dividend per share2.52
Dividend yield3.96%
Payout frequencyQuarterly
Maximum yield4.98%
Average yield3.37%
Minimum yield2.67%
Discount to avg yield14.87%
Upside potential17.46%
Yield as % of max yield79.51%

Yield distribution (inverse percentile) - 5y

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Yield distribution data
Dividend yield3.96%
Current yield distribution21.35%
Yield at 100% (Min)2.67%
Yield at 90%2.77%
Yield at 80%2.88%
Yield at 50% (Median)3.10%
Yield at 20%4.00%
Yield at 10%4.29%
Yield at 0% (Max)4.98%

Dividend per share

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Dividend per share data
Years of growth10 years
CCC statusDividend Contender
Dividend per share2.52
Payout frequencyQuarterly
Ex-div date12 Nov 2021
EPS (TTM)3.34
EPS (1y forward)3.88
EPS growth (5y)4.40%
EPS growth (5y forward)7.00%

Dividend growth

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Dividend growth data
ALES&P500
DGR MR2.02%14.59%
DGR TTM2.02%0.48%
DGR 3 years4.00%3.88%
DGR 5 years3.91%4.73%
DGR 10 years3.54%8.30%
DGR 15 years3.75%5.82%
Time since last change announced350 days
EPS growth (5y)4.40%
EPS growth (5y forward)7.00%

Payout ratio

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Payout ratio data
EPS coverageFCF coverage
TTM73.59%-15.31%
Average--
Forward64.95%-

VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E19.10
Price to OCF11.10
Price to FCF-
Price to EBITDA9.50
EV to EBITDA19.26

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales2.85
Price to Book1.17
EV to Sales5.77

FINANCIALS

Per share

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Per share data
Current share count52.27M
EPS (TTM)3.34
FCF per share (TTM)-16.07

Income statement

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Income statement data
Revenue (TTM)1.17B
Gross profit (TTM)424.80M
Operating income (TTM)150.90M
Net income (TTM)174.20M
EPS (TTM)3.34
EPS (1y forward)3.88

Margins

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Margins data
Gross margin (TTM)36.34%
Operating margin (TTM)12.91%
Profit margin (TTM)14.90%

Balance Sheet

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Balance Sheet data
Cash59.00M
Net receivables110.00M
Total current assets278.00M
Goodwill0.00
Intangible assets0.00
Property, plant and equipment0.00
Total assets6.33B
Accounts payable184.60M
Short/Current long term debt754.00M
Total current liabilities646.00M
Total liabilities3.48B
Shareholder's equity2.85B
Net tangible assets2.34B

Cash flow

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Cash flow data
Operating cash flow (TTM)299.80M
Capital expenditures (TTM)1.14B
Free cash flow (TTM)-837.10M
Dividends paid (TTM)128.20M

Financial returns

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Financial returns data
Return on Equity6.22%
Return on Assets2.86%
Return on Invested Capital3.79%
Cash Return on Invested Capital-18.21%
COMPANY DETAILS
ALE (ALLETE Inc) company logo
Marketcap
3.33B
Marketcap category
Mid-cap
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.
Employees
1331
Investor relations
SEC filings
CEO
Country
USA
City
Duluth
Stock type
Common stock
CCC status
Dividend Contender
Dividend Frequency
Quarterly
EVENTS AND PRESENTATIONS
EventsPresentations
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UNDERSTAND THE BUSINESS
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COMPANY NEWS
All newsPress releases
DULUTH, Minn., January 18, 2022--ALLETE to announce 2021 financial results on Feb. 16
January 18, 2022
ALLETE (ALE) makes a strong case for investment, given positive estimates movement, systematic capital investment and ongoing expansion of clean energy distribution.
January 13, 2022
DULUTH, Minn., January 11, 2022--ALLETE Senior Vice President and Chief Financial Officer Robert Adams announces retirement plans as part of orderly transition
January 11, 2022
The big shareholder groups in ALLETE, Inc. ( NYSE:ALE ) have power over the company. Insiders often own a large chunk...
January 2, 2022
Investment company Penn Series International Equity Fund (Current Portfolio) buys CAE Inc, Wal - Mart de Mexico SAB de CV, NAVER Corp, Kobe Bussan Co, Mondelez International Inc, sells Unilever PLC, U...
December 11, 2021
Investment company Virtus KAR International Small-Mid Cap Fund (Current Portfolio) buys Infrastrutture Wireless Italiane SpA, Knorr-Bremse AG, Allegro.EU SA, Bim Birlesik Magazalar AS, Nordnet AB, sel...
December 11, 2021
Investment company Virtus KAR International Small-Mid Cap Fund II (Current Portfolio) buys Knorr-Bremse AG, Allegro.EU SA, Bim Birlesik Magazalar AS, Infrastrutture Wireless Italiane SpA, MTU Aero Eng...
December 11, 2021
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
November 27, 2021
Certain statements contained in this conference call that are not descriptions of historical facts are forward-looking statements, such as terms defined in the Private Securities Litigation Reform Act...
November 5, 2021
Allete (ALE) delivered earnings and revenue surprises of -34.57% and 15.49%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
November 4, 2021
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