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ALLETE, Inc.

  • Market Cap: Small Cap
  • Industry: Power
  • ISIN: US0185223007
USD
67.60
-0.05 (-0.07%)

Dec 04

NYS

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  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

67.5967.69

52 Week

62.3867.70
Valuation
Technical
Day's Volume

CASH

193.24 k

Shareholding (Mar 2025)

FII

10.61%

Held by 124 FIIs

DII

44.25%

Held by 51 DIIs

Promoter

0.02%

How big is ALLETE, Inc.?

22-Jun-2025

As of Jun 18, ALLETE, Inc. has a market capitalization of $3.73 billion, with net sales of $1.53 billion and a net profit of $119.4 million over the latest four quarters. The company reported shareholder's funds of $2.85 billion and total assets of $7.39 billion as of Dec 24.

Market Cap: As of Jun 18, ALLETE, Inc. has a market capitalization of 3,728.26 million, categorizing it as a Small Cap company.<BR><BR>Recent Quarterly Performance: For the latest four quarters, ALLETE, Inc. reported net sales of 1,526.70 million and a net profit of 119.40 million.<BR><BR>Balance Sheet Snapshot: As of Dec 24, the company reported shareholder's funds of 2,848.00 million and total assets of 7,391.40 million.

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What does ALLETE, Inc. do?

22-Jun-2025

ALLETE, Inc. is a small-cap energy company with recent net sales of $400 million and a net profit of $35 million. It has a market cap of approximately $3.73 billion and key metrics include a P/E ratio of 32.00 and a debt-to-equity ratio of 0.64.

Overview:<BR>ALLETE, Inc. is an energy company operating in the power industry, categorized as a small-cap firm.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 400 Million (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 35 Million (Quarterly Results - Mar 2025) <BR>Market-cap: USD 3,728.26 Million (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 32.00 <BR>Dividend Yield: 0.00% <BR>Debt Equity: 0.64 <BR>Return on Equity: 4.17% <BR>Price to Book: 1.30 <BR><BR>Contact Details:<BR>Address: 30 W SUPERIOR ST, DULUTH MN, 55802-2191 <BR>Tel: 1 218 2795000 <BR>Website: https://www.allete.com/

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Who are in the management team of ALLETE, Inc.?

22-Jun-2025

As of March 2022, ALLETE, Inc.'s management team includes Executive Chairman Alan Hodnik, President and CEO Bethany Owen, Lead Independent Director Heidi Jimmerson-Eddins, and several independent directors: Barbara Nick, Kathryn Dindo, George Goldfarb, and James Hoolihan. The team reflects a diverse governance structure with both executive leadership and independent oversight.

As of March 2022, the management team of ALLETE, Inc. includes the following individuals:<BR><BR>- Mr. Alan Hodnik, who serves as the Executive Chairman of the Board.<BR>- Ms. Bethany Owen, who is the President, Chief Executive Officer, and a Director.<BR>- Ms. Heidi Jimmerson-Eddins, who holds the position of Lead Independent Director.<BR>- Ms. Barbara Nick, who is a Director.<BR>- Ms. Kathryn Dindo, who serves as an Independent Director.<BR>- Mr. George Goldfarb, who is also an Independent Director.<BR>- Mr. James Hoolihan, who holds the title of Independent Director.<BR><BR>In summary, the management team comprises a mix of executive leadership and independent directors, reflecting a diverse governance structure.

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Is ALLETE, Inc. overvalued or undervalued?

20-Sep-2025

As of June 30, 2025, ALLETE, Inc. is considered very expensive and overvalued, with a P/E ratio of 32 compared to peers and significantly lagging behind the S&P 500 in returns.

As of 30 June 2025, the valuation grade for ALLETE, Inc. has moved from expensive to very expensive, indicating a significant increase in perceived overvaluation. The company is currently overvalued, as evidenced by its P/E ratio of 32, which is notably higher than peers like Pinnacle West Capital Corp. at 24.26 and The AES Corp. at 25.28. Additionally, ALLETE's EV to EBITDA stands at 12.62, while the industry average is reflected in its peers, such as OGE Energy Corp. with an EV to EBITDA of 10.71.<BR><BR>In terms of returns, ALLETE's performance has lagged behind the S&P 500 across multiple periods, with a year-to-date return of -1.10% compared to the S&P's 12.22%, and a three-year return of 10.25% versus the S&P's impressive 70.41%. This underperformance further supports the conclusion that ALLETE is overvalued in the current market environment.

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Is ALLETE, Inc. technically bullish or bearish?

07-Oct-2025

As of October 3, 2025, ALLETE, Inc. shows a mildly bullish trend supported by weekly MACD and Bollinger Bands, despite short-term bearish daily moving averages, with recent performance outpacing the S&P 500 over the past week and month but lagging year-to-date.

As of 3 October 2025, the technical trend for ALLETE, Inc. has changed from mildly bearish to mildly bullish. The weekly MACD and Bollinger Bands indicate bullish momentum, while the monthly MACD also supports this stance. However, the daily moving averages are mildly bearish, suggesting some short-term weakness. The Dow Theory shows a mildly bullish trend in both weekly and monthly perspectives. <BR><BR>In terms of performance, ALLETE's returns over the past week and month have outpaced the S&P 500, with a 1.49% gain compared to 1.09% for the index over one week and a 5.73% gain compared to 4.15% over one month. However, the year-to-date and longer-term returns are lagging significantly behind the S&P 500. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD and Bollinger Bands.

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iScoreScore
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Strong Sell
Sell
Hold
Buy
Strong Buy

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Dashboard
1

Poor long term growth as Operating profit has grown by an annual rate -0.67% of over the last 5 years

 
2

Negative results in Jun 25

3

With ROCE of 3.53%, it has a very expensive valuation with a 1.20 Enterprise value to Capital Employed

stock-summaryMojo Parameters
Mojo Parameters
Stock DNA
stock-summary
Industry

Power

stock-summary
Market cap

USD 3,678 Million (Small Cap)

stock-summary
P/E

32.00

stock-summary
Industry P/E

NA

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.68

stock-summary
Return on Equity

3.71%

stock-summary
Price to Book

1.29

Revenue and Profits:
Net Sales:
360 Million
(Quarterly Results - Jun 2025)
Net Profit:
7 Million
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
6.12%
0%
6.12%
6 Months
3.71%
0%
3.71%
1 Year
4.4%
0%
4.4%
2 Years
20.18%
0%
20.18%
3 Years
2.58%
0%
2.58%
4 Years
10.44%
0%
10.44%
5 Years
15.36%
0%
15.36%

ALLETE, Inc. for the last several years.

Risk Adjusted Returns v/s stock-summary
stock-summaryNews & Corporate Actions
News
ALLETE, Inc. Hits New 52-Week High at $67.51, Reflecting Strong Performance

ALLETE, Inc. Hits New 52-Week High at $67.51, Reflecting Strong Performance

ALLETE, Inc. has achieved a new 52-week high of USD 67.51 as of October 30, 2025, reflecting a year-to-date performance of 7.26%. With a market capitalization of USD 3,678 million, the company maintains a P/E ratio of 32.00, a debt-to-equity ratio of 0.68, and a return on equity of 3.71%.

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ALLETE, Inc. Hits New 52-Week High at $67.50

ALLETE, Inc. Hits New 52-Week High at $67.50

ALLETE, Inc. has achieved a new 52-week high of USD 67.50, reflecting a 7.32% increase over the past year. With a market capitalization of USD 3,678 million, the company maintains a P/E ratio of 32.00, a debt-to-equity ratio of 0.68, and a return on equity of 3.71%.

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ALLETE, Inc. Forms Golden Cross, Signaling Potential Bullish Breakout Ahead

ALLETE, Inc. Forms Golden Cross, Signaling Potential Bullish Breakout Ahead

ALLETE, Inc. has recently achieved a Golden Cross, indicating a potential shift in momentum. Technical indicators suggest a positive outlook, with bullish signals from Moving Averages and MACD readings. Over the past month, ALLETE has outperformed the S&P 500, despite a lag in its one-year performance.

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Announcements stock-summary
Icon
No announcement available
Corporate Actions stock-summary
Icon
No corporate action available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
5.95%
EBIT Growth (5y)
-0.67%
EBIT to Interest (avg)
2.04
Debt to EBITDA (avg)
4.61
Net Debt to Equity (avg)
0.64
Sales to Capital Employed (avg)
0.36
Tax Ratio
6.43%
Dividend Payout Ratio
90.91%
Pledged Shares
0
Institutional Holding
89.47%
ROCE (avg)
3.45%
ROE (avg)
5.36%
Valuation key factors
Factor
Value
P/E Ratio
32
Industry P/E
Price to Book Value
1.32
EV to EBIT
33.89
EV to EBITDA
12.62
EV to Capital Employed
1.20
EV to Sales
3.68
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
3.53%
ROE (Latest)
4.17%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Mildly Bearish
Dow Theory
No Trend
Mildly Bullish
OBV
No Trend
Mildly Bullish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Mar 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Domestic Funds

Domestic Funds

Held in 103 Schemes (45.08%)

Foreign Institutions

Held by 124 Foreign Institutions (10.61%)

Strategic Entities with highest holding

Highest Public shareholder

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Jun 2025 is -9.97% vs 9.70% in Mar 2025",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Jun 2025 is -80.98% vs 7.43% in Mar 2025",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Jun'25",
        "Mar'25",
        "Change(%)"
      ],
      "body": [
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          "field": "Net Sales",
          "val1": "360.30",
          "val2": "400.20",
          "chgp": "-9.97%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "92.90",
          "val2": "124.40",
          "chgp": "-25.32%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "23.10",
          "val2": "21.40",
          "chgp": "7.94%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "6.60",
          "val2": "34.70",
          "chgp": "-80.98%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "50.00%",
          "val2": "132.40%",
          "chgp": "-8.24%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
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        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Dec 2024 is -18.62% vs 19.68% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Dec 2024 is -31.97% vs 36.25% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,529.80",
          "val2": "1,879.80",
          "chgp": "-18.62%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "438.30",
          "val2": "432.70",
          "chgp": "1.29%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "81.70",
          "val2": "80.80",
          "chgp": "1.11%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "121.70",
          "val2": "178.90",
          "chgp": "-31.97%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "104.70%",
          "val2": "96.20%",
          "chgp": "0.85%",
          "chgp_class": "positive"
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  }
]
Quarterly Results Snapshot (Consolidated) - Jun'25 - QoQstock-summary
Jun'25
Mar'25
Change(%)
Net Sales
360.30
400.20
-9.97%
Operating Profit (PBDIT) excl Other Income
92.90
124.40
-25.32%
Interest
23.10
21.40
7.94%
Exceptional Items
0.00
0.00
Consolidate Net Profit
6.60
34.70
-80.98%
Operating Profit Margin (Excl OI)
50.00%
132.40%
-8.24%
USD in Million.
stock-summary Compare with Peers
Direction Arrows
Net Sales

QoQ Growth in quarter ended Jun 2025 is -9.97% vs 9.70% in Mar 2025

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Jun 2025 is -80.98% vs 7.43% in Mar 2025

All Quarterly Resultsstock-summary
Annual Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
1,529.80
1,879.80
-18.62%
Operating Profit (PBDIT) excl Other Income
438.30
432.70
1.29%
Interest
81.70
80.80
1.11%
Exceptional Items
0.00
0.00
Consolidate Net Profit
121.70
178.90
-31.97%
Operating Profit Margin (Excl OI)
104.70%
96.20%
0.85%
USD in Million.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Dec 2024 is -18.62% vs 19.68% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Dec 2024 is -31.97% vs 36.25% in Dec 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About ALLETE, Inc. stock-summary
stock-summary
ALLETE, Inc.
Power
ALLETE, Inc. is an energy company. The Company's segments include Regulated Operations, ALLETE Clean Energy, Inc. (ALLETE Clean Energy), U.S. Water Services Holding Company (U.S. Water Services), and Corporate and Other. The Regulated Operations segment includes its regulated utilities, Minnesota Power, and Superior Water, Light and Power Company, and its investment in American Transmission Company LLC. The ALLETE Clean Energy segment focuses on developing, acquiring and operating clean and renewable energy projects. The U.S. Water Services provides integrated water management for industry by combining chemical, equipment, engineering and service for customized solution. As of December 31, 2016, its Corporate and Other consisted of BNI Energy, Inc. (BNI Energy), its coal mining operations in North Dakota, ALLETE Properties, LLC (ALLETE Properties), its Florida real estate investment and approximately 5,000 acres of land in Minnesota.
Company Coordinates stock-summary
Company Details
30 W SUPERIOR ST , DULUTH MN : 55802-2191
stock-summary
Tel: 1 218 2795000
stock-summary
https://www.allete.com/
stock-summary
Registrar Details
Stock List
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