ALLETE, Inc. Hits New 52-Week Low at $62.63 Amid Market Struggles

ALLETE, Inc., a small-cap player in the power industry, has reached a new 52-week low of USD 62.63 as of September 15, 2025. This decline highlights ongoing challenges for the company, particularly in terms of its financial performance. Over the past year, ALLETE has recorded a modest return of just 0.14%, significantly lagging behind the S&P 500's performance of 17.67%.
The company's market capitalization stands at USD 3,678 million, with a price-to-earnings ratio of 32.00. ALLETE's financial metrics reveal a return on equity of 3.71% and a debt-to-equity ratio of 0.68, indicating a relatively leveraged position. The stock's price-to-book ratio is 1.29, suggesting it is trading at a premium compared to its book value.

Despite the recent price drop, ALLETE's operating profit has seen a decline at an annual rate of -1.98% over the last five years. Additionally, the company reported a significant decrease in profits, down by 33%, further contributing to its underperformance against market benchmarks. The stock's 52-week high was recorded at USD 66.46, underscoring the volatility in its recent trading activity.