What is Allete Inc share price today?

Allete Inc (ALE) share price today is {{live_price}}.

Can Indians buy Allete Inc shares?

Yes, Indians can invest in the Allete Inc (ALE) from India. With INDmoney, you can buy Allete Inc at 0 brokerage. The step-by-step process is as follows: Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes) Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates. Once funds are transferred successfully, you can buy Allete Inc at zero transaction cost.

How can I buy Allete Inc shares from India?

It is very easy to buy Allete Inc from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Allete Inc be purchased?

Yes, you can buy fractional shares of Allete Inc with INDmoney app.

What are the documents required to start investing in Allete Inc stocks?

To start investing in Allete Inc, You will need the following documents: Proof of Identification (PAN, Aadhaar etc) Proof of address (Aadhaar, Voter ID etc) These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.

What are today’s High and Low prices of Allete Inc

Today’s highest price of Allete Inc (ALE) is {{1_rba_end}}. Today’s lowest price of Allete Inc (ALE) is {{1_rba_st}}.

What is today's market capitalisation of Allete Inc

Today's market capitalisation of Allete Inc ALE is 3.7B

What is the 52 Week High and Low Range of Allete Inc

52 Week High {{rba_end}} 52 Week Low {{rba_st}}

How much percentage Allete Inc is down from its 52 Week High?

Allete Inc (ALE) share price is {{live_price}}. It is down by {{w52lu}}% from its 52 Week High price of {{rba_end}}.

How much percentage Allete Inc is up from its 52 Week low?

Allete Inc (ALE) share price is {{live_price}}. It is up by {{w52hd}}% from its 52 Week Low price of {{rba_st}}.

What are the historical returns of Allete Inc?

1 Month Returns {{1mr}}% 3 Months Returns {{3mr}}% 1 Year Returns {{1yr}}% 5 Years Returns {{5yr}}%

Who is the Chief Executive Officer (CEO) of Allete Inc

Ms. Bethany M. Owen is the current Chief Executive Officer (CEO) of Allete Inc.

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Allete Inc

Allete Inc (ALE)

$64.35

-0.02

(-0.03%)▲

Market is closed - opens 8 PM, 22 Nov 2024

Performance

$64.29
$64.54
$64.35
0.1%
Downside
Day's Volatility :0.4%
Upside
0.29%
$54.71
$65.86
$64.35
14.99%
Downside
52 Weeks Volatility :16.94%
Upside
2.29%

Returns

Period	Allete Inc	Sector (Utilities)	Index (Russel 2000)
3 Months	1.69%	6.9%	0.0%
6 Months	1.35%	10.5%	0.0%
1 Year	17.12%	29.3%	0.0%
3 Years	1.85%	19.6%	-24.5%

Highlights

Market Capitalization	3.7B
Book Value	$48.97
Dividend Share	2.793
Dividend Yield	4.37%
Earnings Per Share (EPS)	3.12
PE Ratio	20.69
PEG Ratio	2.22
Wall Street Target Price	66.0

Profit Margin	11.5%
Operating Margin TTM	12.43%

Return On Assets TTM	1.69%
Return On Equity TTM	3.55%

Revenue TTM	1.6B
Revenue Per Share TTM	27.22
Quarterly Revenue Growth YOY	7.5%
Gross Profit TTM	446.8M
EBITDA	448.3M
Diluted Eps TTM	3.12
Quarterly Earnings Growth YOY	-0.48

EPS Estimate Current Year	3.7
EPS Estimate Next Year	3.99
EPS Estimate Current Quarter	0.93
EPS Estimate Next Quarter	1.01

Analyst Recommendation

Hold

36%Buy

63%Hold

0%Sell

Based on 11 Wall street analysts offering stock ratings for Allete Inc(by analysts ranked 0 to 5 stars)

Based on 11 analyst

Current
1M Ago
3M Ago

Buy

Hold

Sell

Analyst Forecast

What analysts predicted

Upside of 2.56%

Current $64.35

Target $66.00

Company Financials

	FY18	Y/Y Change
Revenue	1.5B	↑ 5.59%
Net Income	174.1M	↑ 1.1%
Net Profit Margin	11.62%	↓ 0.51%

	FY19	Y/Y Change
Revenue	1.2B	↓ 17.22%
Net Income	185.6M	↑ 6.61%
Net Profit Margin	14.96%	↑ 3.34%

	FY20	Y/Y Change
Revenue	1.2B	↓ 5.76%
Net Income	174.2M	↓ 6.14%
Net Profit Margin	14.9%	↓ 0.06%

	FY21	Y/Y Change
Revenue	1.4B	↑ 21.39%
Net Income	169.2M	↓ 2.87%
Net Profit Margin	11.92%	↓ 2.98%

	FY22	Y/Y Change
Revenue	1.6B	↑ 10.68%
Net Income	131.3M	↓ 22.4%
Net Profit Margin	8.36%	↓ 3.56%

	FY23	Y/Y Change
Revenue	1.9B	↑ 19.68%
Net Income	247.1M	↑ 88.19%
Net Profit Margin	13.15%	↑ 4.79%

	Q2 FY23	Q/Q Change
Revenue	533.4M	↓ 5.58%
Net Income	51.5M	↑ 36.97%
Net Profit Margin	9.66%	↑ 3.0%

	Q3 FY23	Q/Q Change
Revenue	378.8M	↓ 28.98%
Net Income	85.9M	↑ 66.8%
Net Profit Margin	22.68%	↑ 13.02%

	Q4 FY23	Q/Q Change
Revenue	402.7M	↑ 6.31%
Net Income	51.5M	↓ 40.05%
Net Profit Margin	12.79%	↓ 9.89%

	Q1 FY24	Q/Q Change
Revenue	403.3M	↑ 0.15%
Net Income	50.7M	↓ 1.55%
Net Profit Margin	12.57%	↓ 0.22%

	Q2 FY24	Q/Q Change
Revenue	354.5M	↓ 12.1%
Net Income	33.0M	↓ 34.91%
Net Profit Margin	9.31%	↓ 3.26%

	Q3 FY24	Q/Q Change
Revenue	407.2M	↑ 14.87%
Net Income	45.0M	↑ 36.36%
Net Profit Margin	11.05%	↑ 1.74%

	FY18	Y/Y Change
Total Assets	5.2B	↑ 1.67%
Total Liabilities	3.0B	↓ 0.09%

	FY19	Y/Y Change
Total Assets	5.5B	↑ 6.15%
Total Liabilities	3.1B	↑ 4.59%

	FY20	Y/Y Change
Total Assets	6.1B	↑ 10.98%
Total Liabilities	3.3B	↑ 4.36%

	FY21	Y/Y Change
Total Assets	6.4B	↑ 5.76%
Total Liabilities	3.5B	↑ 6.22%

	FY22	Y/Y Change
Total Assets	6.8B	↑ 6.38%
Total Liabilities	3.5B	↑ 0.25%

	FY23	Y/Y Change
Total Assets	6.7B	↓ 2.76%
Total Liabilities	3.2B	↓ 7.09%

	Q2 FY23	Q/Q Change
Total Assets	6.6B	↓ 2.04%
Total Liabilities	3.2B	↓ 4.4%

	Q3 FY23	Q/Q Change
Total Assets	6.6B	↑ 1.17%
Total Liabilities	3.2B	↑ 1.52%

	Q4 FY23	Q/Q Change
Total Assets	7.4B	↑ 10.84%
Total Liabilities	4.0B	↑ 21.85%

	Q1 FY24	Q/Q Change
Total Assets	6.6B	↓ 10.32%
Total Liabilities	3.2B	↓ 19.26%

	Q2 FY24	Q/Q Change
Total Assets	6.7B	↑ 0.86%
Total Liabilities	3.3B	↑ 2.19%

	Q3 FY24	Q/Q Change
Total Assets	6.7B	↑ 1.14%
Total Liabilities	3.3B	↑ 2.42%

	FY18	Y/Y Change
Operating Cash Flow	433.1M	↑ 7.5%
Investing Cash Flow	-349.0M	↑ 52.4%
Financing Cash Flow	-115.2M	↑ 12.39%

	FY19	Y/Y Change
Operating Cash Flow	249.5M	↓ 42.39%
Investing Cash Flow	-345.3M	↓ 1.06%
Financing Cash Flow	109.3M	↓ 194.88%

	FY20	Y/Y Change
Operating Cash Flow	299.8M	↑ 20.16%
Investing Cash Flow	-812.8M	↑ 135.39%
Financing Cash Flow	485.7M	↑ 344.37%

	FY21	Y/Y Change
Operating Cash Flow	263.5M	↓ 12.11%
Investing Cash Flow	-485.2M	↓ 40.31%
Financing Cash Flow	204.2M	↓ 57.96%

	FY22	Y/Y Change
Operating Cash Flow	221.3M	↓ 16.02%
Investing Cash Flow	-384.0M	↓ 20.86%
Financing Cash Flow	155.2M	↓ 24.0%

	Q2 FY23	Q/Q Change
Operating Cash Flow	239.2M	↑ 158.87%
Investing Cash Flow	-56.6M	↓ 24.23%
Financing Cash Flow	-171.1M	↑ 834.97%

	Q3 FY23	Q/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 in a neutral trading position according to technical analysis indicators.

Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Allete Inc	0.03%	1.35%	17.12%	1.85%	-19.18%
Brookfield Infrastructure Partners L.p.	-5.4%	13.02%	28.63%	-9.36%	-2.48%
Sempra Energy	9.64%	18.78%	27.79%	49.05%	26.87%
Aes Corporation, The	-22.84%	-36.88%	-20.67%	-46.75%	-28.22%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Allete Inc	20.66	20.69	2.22	3.7	0.04	0.02	0.04	48.97
Brookfield Infrastructure Partners L.p.	101.87	NA	1.18	0.8	0.05	0.03	0.05	10.05
Sempra Energy	20.31	20.57	2.58	4.77	0.1	0.02	0.03	45.5
Aes Corporation, The	9.54	9.55	0.81	1.93	-0.03	0.03	0.05	4.63

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Allete Inc	Hold	$3.7B	-19.18%	20.66	11.5%
Brookfield Infrastructure Partners L.p.	Buy	$15.9B	-2.48%	101.87	-0.55%
Sempra Energy	Buy	$58.4B	26.87%	20.31	22.7%
Aes Corporation, The	Buy	$9.9B	-28.22%	9.54	8.34%

Insights on Allete Inc

Increasing Revenue
Revenue is up for the last 2 quarters, 354.5M → 407.2M (in $), with an average increase of 12.9% per quarter
Increasing Net Profit
Netprofit is up for the last 2 quarters, 33.0M → 45.0M (in $), with an average increase of 26.7% per quarter
Vs BIP
In the last 1 year, Brookfield Infrastructure Partners L.p. has given 28.6% return, outperforming this stock by 11.5%

Institutional Holdings

BlackRock Inc
12.98%
Vanguard Group Inc
10.97%
State Street Corp
4.23%
Morgan Stanley - Brokerage Accounts
2.43%
Geode Capital Management, LLC
2.38%
Adage Capital Partners Gp LLC
1.70%

Corporate Announcements

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

Allete Inc (ALE)

Performance

Returns

Highlights

Analyst Recommendation

Analyst Forecast

Company Financials

Technicals Summary

Peers

Increasing Revenue

Increasing Net Profit

Vs BIP

Institutional Holdings

Corporate Announcements

Allete Inc Dividends March,2024

Company Information

Discover More

FAQs

Organization	Allete Inc
Employees	1564
CEO	Ms. Bethany M. Owen
Industry	Utilities