Allete Inc (ALE)

Currency in USD
67.90
-0.04(-0.06%)
Real-time Data·
Showing Allete historical data. For real-time data please try another search
Fair Value
Day's Range
67.8867.99
52 wk Range
62.3867.99
Key Statistics
Prev. Close
67.9
Open
67.97
Day's Range
67.88-67.99
52 wk Range
62.38-67.99
Volume
4.39M
Average Volume (3m)
824.68K
1-Year Change
4.9784%
Book Value / Share
-
Fair Value
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Fair Value Upside
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ALE Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
67.00
Downside
-1.33%
Members' Sentiments
Bearish
Bullish
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Allete Inc News & Analysis

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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Buy
Technical Indicators
Strong Buy
Moving Averages
Buy

ALLETE, Inc. operates as an energy company. The company owns ALLETE Clean Energy, BNI Energy, and New Energy Equity, as well as regulated public utilities, including Minnesota Power and Superior Water, Light and Power. It generates electricity from coal-fired, biomass co-fired/natural gas, hydro, wind, and solar. The company also provides regulated utility electric services in northeastern Minnesota to approximately 150,000 retail customers and 14 non-affiliated municipal customers in Minnesota; and regulated utility electric, natural gas, and water services in northwestern Wisconsin to approximately 15,000 electric customers, 13,000 natural gas customers, and 10,000 water customers. In addition, it owns and maintains electric transmission assets in Wisconsin, Michigan, Minnesota, and Illinois. Further, the company focuses on acquiring, developing, and operating clean and renewable energy projects; and owns, develops, and operates approximately 1,600 megawatts of wind energy generation facility, as well as being involved in the coal mining operations in North Dakota and real estate investment activities in Florida. It owns and operates 154 substations with a total capacity of 10,647 megavolt-amperes. The company 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. As of December 15, 2025, ALLETE, Inc. was taken private.

Sector
Utilities
Employees
1620

Allete Inc Earnings Call Summary for Q4/2024

  • Q4 2024 earnings miss: EPS $0.87 vs $1.01 forecast, revenue $364.8M vs $413.54M expected; stock recovers 0.57% in aftermarket
  • GMV crossed $60B for full year, up 9.6%; revenue grew 6.7%, adjusted EBITDA rose 17.9% to ~$3B; strong position in Polish e-commerce
  • 2025 outlook: 9-11% GMV growth in Poland, 14-17% revenue growth; international marketplaces targeted for break-even by 2027-2028
  • CEO highlights strong cash generation in Poland; CFO aims for modest leverage; focus on logistics and international expansion
  • Challenges: competition from Temu, increased capex, international expansion risks, macroeconomic factors, and regulatory changes
Last Updated: 2025-03-13, 07:48 a/m
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Compare ALE to Peers and Sector

Metrics to compare
ALE
Peers
Sector
Relationship
P/E Ratio
0.0x21.5x12.7x
PEG Ratio
0.000.140.02
Price/Book
0.0x1.9x1.3x
Price / LTM Sales
0.0x2.7x1.8x
Upside (Analyst Target)
0.0%0.0%11.7%
Fair Value Upside
Unlock−9.3%1.9%Unlock

Analyst Ratings

0 Buy
1 Hold
0 Sell
Ratings:
1 analysts
Overall Consensus
Neutral

Analysts 12-Month Price Target:

Average 67.00
(-1.33% Downside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate

Earnings

Latest Release
Feb 12, 2026
EPS / Forecast
-- / 0.95
Revenue / Forecast
-- / 499.8M
EPS Revisions
Last 90 days

ALE Income Statement

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