ALE - ALLETE Inc Stock Price, Fair Value and News

62.81USD-0.18 (-0.29%)Delayed

Market Summary

USD62.81-0.18

Delayed

-0.29%

ALE Alerts

Big fall in Revenue (Y/Y)

ALE Stock Price

View Fullscreen

ALE RSI Chart

ALE Valuation

Market Cap

3.6B

Price/Earnings (Trailing)

15.12

Price/Sales (Trailing)

2.11

EV/EBITDA

9.82

Price/Free Cashflow

12.44

ALE Price/Sales (Trailing)

ALE Profitability

EBT Margin

12.15%

Return on Equity

7.03%

Return on Assets

3.63%

Free Cashflow Yield

8.04%

ALE Fundamentals

ALE Revenue

Revenue (TTM)

1.7B

Rev. Growth (Yr)

-28.61%

Rev. Growth (Qtr)

0.15%

ALE Earnings

Earnings (TTM)

239.6M

Earnings Growth (Yr)

-12.89%

Earnings Growth (Qtr)

-1.55%

Breaking Down ALE Revenue

Last 7 days

-0.6%

Last 30 days

8.5%

Last 90 days

7.2%

Trailing 12 Months

2.2%

How does ALE drawdown profile look like?

ALE Financial Health

Current Ratio

1.66

Debt/Equity

0.52

Debt/Cashflow

0.31

ALE Investor Care

Dividend Yield

4.36%

Dividend/Share (TTM)

2.74

Shares Dilution (1Y)

0.64%

Diluted EPS (TTM)

4.16

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	1.7B	0	0	0
2023	1.8B	1.9B	1.9B	1.9B
2022	1.5B	1.5B	1.5B	1.6B
2021	1.2B	1.3B	1.3B	1.4B
2020	1.2B	1.1B	1.2B	1.2B
2019	1.5B	1.4B	1.4B	1.2B
2018	1.4B	1.4B	1.4B	1.5B
2017	1.4B	1.4B	1.4B	1.4B
2016	1.5B	1.5B	1.4B	1.3B
2015	1.2B	1.2B	1.4B	1.5B
2014	1.1B	1.1B	1.1B	1.1B
2013	985.0M	1.0B	1.0B	1.0B
2012	926.0M	922.5M	944.4M	961.2M
2011	915.6M	924.3M	927.1M	928.2M
2010	793.1M	839.6M	884.9M	907.0M
2009	0	787.0M	773.1M	759.1M
2008	0	0	0	801.0M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of ALLETE Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Feb 07, 2024	skelton joshua john	acquired	-	-	1,801	vp; coo-minnesota power
Feb 07, 2024	johnson nicole renee	acquired	-	-	4,031	vp; pres.- ace
Feb 07, 2024	johnson nicole renee	sold (taxes)	-121,965	58.2	-2,095	vp; pres.- ace
Feb 07, 2024	morris steven wayne	sold (taxes)	-106,096	58.2	-1,822	sr vp & cfo
Feb 07, 2024	skelton joshua john	sold (taxes)	-62,987	58.2	-1,082	vp; coo-minnesota power
Feb 07, 2024	morris steven wayne	acquired	-	-	3,526	sr vp & cfo
Feb 07, 2024	thickens margaret a	acquired	-	-	3,526	vp, ch. legal ofcr & secretary
Feb 07, 2024	thickens margaret a	sold (taxes)	-106,278	58.2	-1,826	vp, ch. legal ofcr & secretary
Feb 07, 2024	owen bethany m	sold (taxes)	-405,035	58.2	-6,959	chair, president & ceo
Feb 07, 2024	cutshall patrick l	acquired	-	-	3,526	vp & treasurer

Which funds bought or sold ALE recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	JANE STREET GROUP, LLC	reduced	-17.11	-290,274	1,224,170	-%
May 16, 2024	Virtus Investment Advisers, Inc.	reduced	-71.09	-333,602	130,969	0.09%
May 16, 2024	Tidal Investments LLC	reduced	-13.86	-77,458	406,685	0.01%
May 16, 2024	Ancora Advisors LLC	unchanged	-	-26,464	1,038,330	0.02%
May 16, 2024	COMERICA BANK	added	29.34	405,512	1,957,740	0.01%
May 16, 2024	HANCOCK WHITNEY CORP	reduced	-5.66	-83,999	965,567	0.03%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-5.28	-283,602	3,429,360	-%
May 15, 2024	ALGERT GLOBAL LLC	reduced	-39.33	-1,449,000	2,098,000	0.08%
May 15, 2024	ADAGE CAPITAL PARTNERS GP, L.L.C.	added	40.00	5,584,000	20,874,000	0.04%
May 15, 2024	Integrated Wealth Concepts LLC	added	48.48	732,130	2,366,560	0.03%

Are Funds Buying or Selling ALE?

Are funds buying ALE calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own ALE

No. of Funds

ALE Alerts

Big fall in Revenue (Y/Y)

Unveiling ALLETE Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	11.45%	6,579,504	SC 13G/A
Jan 23, 2024	blackrock inc.	13.5%	7,786,833	SC 13G/A
Feb 09, 2023	vanguard group inc	10.86%	6,208,467	SC 13G/A
Jan 26, 2023	blackrock inc.	12.7%	7,254,952	SC 13G/A
Jan 20, 2023	blackrock inc.	12.7%	7,254,952	SC 13G/A
Feb 09, 2022	vanguard group inc	10.31%	5,422,778	SC 13G/A
Jan 27, 2022	blackrock inc.	11.9%	6,247,501	SC 13G/A
Jan 25, 2022	blackrock inc.	11.9%	6,247,501	SC 13G/A
Apr 12, 2021	vanguard group inc	10.01%	5,222,183	SC 13G/A
Feb 10, 2021	vanguard group inc	9.88%	5,137,182	SC 13G/A

Recent SEC filings of ALLETE Inc

View All Filings

Date Filed	Form Type	Document
May 17, 2024	DEFA14A	DEFA14A
May 09, 2024	10-Q	Quarterly Report
May 09, 2024	DEFA14A	DEFA14A
May 06, 2024	8-K	Current Report
May 06, 2024	DEFA14A	DEFA14A
May 06, 2024	DEFA14A	DEFA14A
Mar 28, 2024	ARS	ARS
Mar 28, 2024	DEF 14A	DEF 14A
Mar 28, 2024	DEFA14A	DEFA14A
Mar 20, 2024	8-K	Current Report

Peers (Alternatives to ALLETE Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CPK	2.5T	698.2M	12.47%	-9.52%	26.0K	3.6K	3.29%	8.78%
AEP	48.9B	19.3B	14.08%	6.97%	17.34	2.53	-2.13%	41.75%
AWK	26.1B	4.3B	15.91%	-5.62%	27.17	6.05	10.78%	15.26%
AEE	19.9B	7.3B	3.93%	-10.32%	17.28	2.75	-10.88%	5.77%
ATO	17.9B	4.1B	3.59%	2.86%	17.91	4.41	-11.13%	20.48%
NRG	17.2B	28.5B	12.08%	145.94%	10.44	0.6	-9.05%	188.86%
AES	15.1B	12.5B	31.78%	2.75%	-2.3K	1.21	-3.77%	98.49%
AGR	13.9B	8.3B	-0.61%	-7.27%	15.54	1.68	0.05%	30.98%
MID-CAP
PNW	8.9B	4.7B	9.02%	0.32%	16.53	1.89	4.84%	12.15%
ALE	3.6B	1.7B	8.54%	2.16%	15.12	2.11	-1.93%	32.23%
AVA	3.0B	1.9B	13.79%	-9.74%	15.98	1.6	9.47%	35.66%
SMALL-CAP
CWCO	449.2M	187.0M	18.84%	49.37%	13.94	2.4	74.12%	297.37%
CDZI	211.5M	3.0M	45.12%	-34.59%	-7.66	71.39	94.10%	6.65%
VIA	35.4M	415.8M	1.48%	-12.04%	1.49	0.09	-11.16%	525.10%
CREG	8.7M	867.4K	-11.11%	-35.00%	-9.31	9.96	-88.45%	77.17%

ALLETE Inc News

Latest updates

ALLETE Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	0.1%	403	403	379	533	565	426	388	373	384	399	345	336	339	320	294	243	312	305	288	290	357
Costs and Expenses	-1.0%	356	360	343	480	517	392	355	359	330	349	314	307	297	297	252	231	251	255	251	254	300
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	63.00	58.00	67.00	76.00
EBITDA Margin	10.6%	0.32*	0.29*	0.28*	0.23*	0.24*	0.27*	0.28*	0.28*	0.29*	0.29*	0.29*	0.31*	0.32*	0.34*	0.36*	0.35*	0.35*	0.36*	0.33*	-	-
Interest Expenses	2.5%	20.00	20.00	21.00	21.00	19.00	20.00	18.00	19.00	18.00	17.00	17.00	17.00	17.00	18.00	16.00	16.00	16.00	16.00	16.00	16.00	17.00
Income Taxes	-46.7%	4.00	8.00	19.00	-0.40	2.00	-11.80	-7.20	-8.30	-3.90	-7.60	-4.90	-4.00	-10.40	-15.60	-5.50	-8.50	-13.80	-2.30	-2.40	-4.80	3.00
Earnings Before Taxes	6.5%	41.00	39.00	89.00	40.00	39.00	25.00	20.00	13.00	43.00	41.00	19.00	18.00	33.00	17.00	33.00	8.00	51.00	47.00	29.00	29.00	73.00
EBT Margin	10.4%	0.12*	0.11*	0.10*	0.07*	0.06*	0.06*	0.07*	0.08*	0.08*	0.08*	0.06*	0.08*	0.08*	0.09*	0.12*	0.12*	0.13*	0.14*	0.13*	-	-
Net Income	-1.6%	51.00	52.00	86.00	52.00	58.00	52.00	34.00	38.00	66.00	62.00	28.00	28.00	52.00	38.00	41.00	20.00	66.00	50.00	31.00	34.00	71.00
Net Income Margin	6.1%	0.14*	0.13*	0.13*	0.10*	0.10*	0.12*	0.13*	0.13*	0.13*	0.12*	0.11*	0.12*	0.13*	0.14*	0.15*	0.15*	0.15*	0.15*	0.14*	-	-
Free Cashflow	97.7%	-0.50	-21.80	125	189	22.00	73.00	26.00	-35.70	-62.50	-40.90	13.00	-141	-45.90	-126	-22.30	-210	-66.10	-105	-104	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-0.8%	6,605	6,656	6,645	6,568	6,705	6,846	6,858	6,839	6,556	6,422	6,332	6,293	6,275	6,085	5,879	5,760	5,620	5,483	5,276	5,177	5,219
Current Assets	-7.5%	433	468	503	446	570	718	722	660	481	291	279	279	378	255	265	223	275	270	296	397	556
Cash Equivalents	-43.9%	40.00	72.00	126	48.00	30.00	36.00	42.00	75.00	4.00	45.00	59.00	63.00	159	65.00	79.00	26.00	67.00	93.00	100	203	353
Inventory	4.2%	183	175	180	194	347	456	472	356	197	98.00	90.00	88.00	74.00	74.00	75.00	82.00	79.00	73.00	85.00	78.00	74.00
Net PPE	-0.1%	5,009	5,013	4,997	4,974	4,979	5,004	5,011	5,027	5,078	5,088	5,053	5,022	4,931	4,841	4,698	4,645	4,496	4,377	4,211	4,063	3,941
Liabilities	-1.7%	3,196	3,249	3,248	3,199	3,347	3,497	3,504	3,480	3,413	3,485	3,478	3,451	3,428	3,284	3,433	3,328	3,247	3,147	3,068	2,972	3,020
Current Liabilities	-30.9%	261	378	414	380	464	716	706	709	557	543	646	596	575	460	630	728	623	507	483	297	322
Long Term Debt	5.5%	1,772	1,680	1,686	1,686	1,756	1,648	1,653	1,596	1,669	1,763	1,649	1,665	1,652	1,593	1,608	1,381	1,400	1,401	1,405	1,506	1,525
LT Debt, Current	-84.6%	17.00	111	111	107	176	273	309	391	278	214	377	363	299	204	405	510	323	213	213	28.00	14.00
LT Debt, Non Current	-100.0%	-	1,680	1,686	1,686	1,756	1,648	1,653	1,596	1,669	1,763	1,649	1,665	1,652	1,593	1,608	1,381	1,400	1,401	1,405	1,506	1,525
Shareholder's Equity	21.3%	3,409	2,810	2,787	967	642	2,692	3,354	3,359	932	2,938	2,855	2,842	884	506	2,446	2,432	853	2,336	2,208	799	2,199
Retained Earnings	1.0%	1,037	1,026	1,014	967	954	935	929	933	932	891	873	879	884	865	850	841	853	819	800	799	795
Shares Outstanding	0.1%	58.00	58.00	58.00	57.00	57.00	57.00	57.00	55.00	53.00	52.00	52.00	52.00	52.00	52.00	52.00	52.00	52.00	52.00	52.00	-	-
Minority Interest	-1.9%	586	597	610	634	642	656	671	679	694	533	515	519	526	506	165	167	102	104	-	-	-
Float	-	-	-	-	3,321	-	-	-	3,350	-	-	-	3,650	-	-	-	2,825	-	-	-	4,285	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-8.0%	60.00	65.00	188	239	92.00	140	89.00	-3.10	-4.80	54.00	104	17.00	89.00	58.00	99.00	55.00	88.00	71.00	81.00	16.00	79.00
Share Based Compensation	-43.3%	2.00	3.00	2.00	2.00	1.00	1.00	2.00	1.00	1.00	1.00	2.00	1.00	2.00	1.00	2.00	1.00	2.00	1.00	2.00	2.00	2.00
Cashflow From Investing	26.7%	-60.80	-83.00	-69.30	-56.60	-74.70	-72.90	-63.90	-187	-60.10	-88.10	-91.40	-174	-130	-181	-145	-304	-181	-182	-206	-139	185
Cashflow From Financing	-12.6%	-38.40	-34.10	-39.00	-171	-18.30	-75.60	-58.30	197	92.00	16.00	-14.00	48.00	154	104	94.00	208	80.00	70.00	53.00	-35.60	22.00
Dividend Payments	-100.0%	-	39.00	78.00	-38.80	39.00	111	-37.10	-37.00	35.00	99.00	-33.00	-32.90	33.00	96.00	-32.10	-32.00	32.00	91.00	-30.30	-30.40	30.00

Get Full Access to Grufity – and Unlimited Downloads

Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.

Try For Just $1.99

ALE Income Statement

2024-03-31

Consolidated Statement of Income Unaudited - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Operating Revenue
Contracts with Customers – Utility	$ 338.3	$ 312.6
Contracts with Customers – Non-utility	63.7	251.0
Other – Non-utility	1.3	1.3
Total Operating Revenue	403.3	564.9
Operating Expenses
Fuel, Purchased Power and Gas – Utility	133.5	118.6
Transmission Services – Utility	22.7	20.1
Cost of Sales – Non-utility	24.4	210.5
Operating and Maintenance	91.7	85.7
Depreciation and Amortization	65.0	62.3
Taxes Other than Income Taxes	18.7	19.4
Total Operating Expenses	356.0	516.6
Operating Income	47.3	48.3
Other Income (Expense)
Interest Expense	(20.4)	(19.3)
Equity Earnings	5.5	6.0
Other	8.6	4.1
Total Other Expense	(6.3)	(9.2)
Income Before Income Taxes	41.0	39.1
Income Tax Expense	4.0	1.5
Net Income	37.0	37.6
Net Loss Attributable to Non-Controlling Interest	(13.7)	(20.6)
Net Income Attributable to ALLETE	$ 50.7	$ 58.2
Earnings Per Share [Abstract]
Basic (in shares)	57.6	57.3
Diluted (in shares)	57.7	57.3
Basic Earnings Per Share of Common Stock (in usd per share)	$ 0.88	$ 1.02
Diluted Earnings Per Share of Common Stock (in usd per share)	$ 0.88	$ 1.02

ALE Balance Sheet

2024-03-31

Consolidated Balance Sheet Unaudited - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Current Assets
Cash and Cash Equivalents	$ 32.0	$ 71.9
Accounts Receivable (Less Allowance of $1.7 and $1.6)	142.2	137.2
Inventories – Net	182.7	175.4
Prepayments and Other	76.3	83.6
Total Current Assets	433.2	468.1
Property, Plant and Equipment – Net	5,009.1	5,013.4
Regulatory Assets	409.0	425.4
Equity Investments	333.1	331.2
Goodwill and Intangible Assets – Net	155.4	155.4
Other Non-Current Assets	264.8	262.9
Total Assets	6,604.6	6,656.4
Current Liabilities
Accounts Payable	84.2	102.2
Accrued Taxes	62.9	51.0
Accrued Interest	16.3	21.1
Long-Term Debt Due Within One Year	17.2	111.4
Other	80.2	91.9
Total Current Liabilities	260.8	377.6
Long-Term Debt	1,772.4	1,679.9
Deferred Income Taxes	195.0	192.7
Regulatory Liabilities	564.0	574.0
Defined Benefit Pension and Other Postretirement Benefit Plans	135.4	160.8
Other Non-Current Liabilities	268.0	264.3
Total Liabilities	3,195.6	3,249.3
Commitments, Guarantees and Contingencies (Note 6)
Redeemable Non-Controlling Interest	0.5	0.5
Equity
Common Stock Without Par Value, 80.0 Shares Authorized, 57.7 and 57.6 Shares Issued and Outstanding	1,807.4	1,803.7
Accumulated Other Comprehensive Loss	(20.9)	(20.5)
Retained Earnings	1,036.5	1,026.4
Total ALLETE Equity	2,823.0	2,809.6
Non-Controlling Interest in Subsidiaries	585.5	597.0
Total Equity	3,408.5	3,406.6
Total Liabilities, Redeemable Non-Controlling Interest and Equity	$ 6,604.6	$ 6,656.4

About ALLETE Inc

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 150,000 retail customers and 14 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 1,300 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 162 substations with a total capacity of 10,116 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. The company was incorporated in 1906 and is headquartered in Duluth, Minnesota.

CEO	Ms. Bethany M. Owen
WEBSITE	allete.com
INDUSTRY	Utilities Regulated Electric
EMPLOYEES	1495

ALLETE Inc Frequently Asked Questions

What is the ticker symbol for ALLETE Inc? What does ALE stand for in stocks?

ALE is the stock ticker symbol of ALLETE Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of ALLETE Inc (ALE)?

As of Fri May 17 2024, market cap of ALLETE Inc is 3.62 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ALE stock?

You can check ALE's fair value in chart for subscribers.

What is the fair value of ALE stock?

You can check ALE's fair value in chart for subscribers. The fair value of ALLETE Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of ALLETE Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ALE so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is ALLETE Inc a good stock to buy?

The fair value guage provides a quick view whether ALE is over valued or under valued. Whether ALLETE Inc is cheap or expensive depends on the assumptions which impact ALLETE Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ALE.

What is ALLETE Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, ALE's PE ratio (Price to Earnings) is 15.12 and Price to Sales (PS) ratio is 2.11. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ALE PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on ALLETE Inc's stock?

In the past 10 years, ALLETE Inc has provided 0.058 (multiply by 100 for percentage) rate of return.