Values as of: 2024-09-18
COMMON STOCK | Utilities - Diversified |
Last Closing
USD 63.75Change
+0.06 (+0.09)%Market Cap
USD 3.68BVolume
0.25MAnalyst Target
USD 64.50Verdict
Verdict
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. In addition, 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. Further, it owns and maintains electric transmission assets in Wisconsin, Michigan, Minnesota, and Illinois. Additionally, the company focuses on developing, acquiring, and operating clean and renewable energy projects; and owns and operates approximately 1,200 megawatts of wind energy generation facility, as well as involved in the coal mining operations in North Dakota; and real estate investment activities in Florida. It owns and operates 162 substations with a total capacity of 9,980 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. Address: 30 West Superior Street, Duluth, MN, United States, 55802-2093
Currency: USD
Country : USA
| Symbol | Name | Price(Change) | Market Cap |
|---|---|---|---|
| SRE | Sempra Energy |
-1.01 (-1.20%) |
USD 52.51B |
| BIP | Brookfield Infrastructure Part.. |
-0.39 (-1.18%) |
USD 15.26B |
| AES | The AES Corporation |
+0.02 (+0.10%) |
USD 13.68B |
| BIP-PB | Brookfield Infrastructure Part.. |
+0.45 (+2.25%) |
USD 8.35B |
| BIP-PA | Brookfield Infrastructure Part.. |
+0.01 (+0.05%) |
USD 6.54B |
| CIG-C | Energy of Minas Gerais Co DRC |
+0.02 (+0.78%) |
USD 6.37B |
| ELPC | Companhia Paranaense de Energi.. |
-0.05 (-0.71%) |
USD 5.55B |
| ELP | Companhia Paranaense de Energi.. |
+0.03 (+0.38%) |
USD 5.38B |
| AVA | Avista Corporation |
-0.11 (-0.28%) |
USD 3.05B |
| CIG | Companhia Energetica de Minas .. |
-0.01 (-0.47%) |
N/A |
| Symbol | Name | Weight | Mer | Price(Change) | Market Cap |
|---|---|---|---|---|---|
| GREK | Global X MSCI Greece ETF | 12.21 % | 0.59 % |
-0.20 (0%) |
USD 0.20B |
| IBCJ:XETRA | iShares MSCI Poland UCITS.. | 7.74 % | 0.00 % |
N/A |
USD 0.16B |
| IB0Y:XETRA | 6.30 % | 0.00 % |
N/A |
N/A | |
| IBUY:PA | 6.30 % | 0.00 % |
N/A |
N/A | |
| ALTY | Global X Alternative Inco.. | 1.33 % | 0.75 % |
+0.03 (+0%) |
USD 0.03B |
| DES | WisdomTree U.S. SmallCap .. | 0.77 % | 0.38 % |
+0.11 (+0%) |
USD 2.01B |
| EPOL | iShares MSCI Poland ETF | 0.00 % | 0.63 % |
-0.06 (0%) |
USD 0.30B |
| CNRG | SPDR® Kensho Clean Power.. | 0.00 % | 0.00 % |
-0.07 (0%) |
USD 0.17B |
| IDEE:LSE | 0.00 % | 0.00 % |
N/A |
N/A | |
| IEER:LSE | 0.00 % | 0.00 % |
N/A |
N/A | |
| IPOL:LSE | iShares V Public Limited .. | 0.00 % | 0.00 % |
-0.07 (0%) |
N/A |
| SPOL:LSE | iShares MSCI Poland UCITS | 0.00 % | 0.00 % |
-8.00 (0%) |
N/A |
| IBCJ:F | iShares V Public Limited .. | 0.00 % | 0.00 % |
+0.03 (+0%) |
N/A |
| ISHP | First Trust S-Network Glo.. | 0.00 % | 0.00 % |
+0.06 (+0%) |
USD 4.62M |
| Market Performance vs. Industry/Classification (Utilities - Diversified) | Market Performance vs. Exchange | ||||||
| Value | Sector Median | Percentile Rank | Grade | Market Median | Percentile Rank | Grade | |
| YTD | |||||||
| Capital Gain | 4.23% | 30% | F | 42% | F | ||
| Dividend Return | 4.61% | 82% | B | 78% | C+ | ||
| Total Return | 8.85% | 36% | F | 48% | F | ||
| Trailing 12 Months | |||||||
| Capital Gain | 14.66% | 64% | D | 56% | F | ||
| Dividend Return | 6.29% | 82% | B | 77% | C+ | ||
| Total Return | 20.95% | 73% | C | 62% | D | ||
| Trailing 5 Years | |||||||
| Capital Gain | -26.97% | 11% | F | 18% | F | ||
| Dividend Return | 15.70% | 33% | F | 57% | F | ||
| Total Return | -11.26% | 11% | F | 19% | F | ||
| Average Annual (5 Year Horizon) | |||||||
| Capital Gain | -0.16% | 36% | F | 36% | F | ||
| Dividend Return | 3.90% | 45% | F | 44% | F | ||
| Total Return | 4.06% | 45% | F | 71% | C- | ||
| Risk Return Profile | |||||||
| Volatility (Standard Deviation) | 25.74% | 36% | F | 41% | F | ||
| Risk Adjusted Return | 15.16% | 36% | F | 36% | F | ||
| Market Capitalization | 3.68B | 20% | F | 74% | C | ||
| Target Price Action | Rating Action | Analyst | Rating | Price | Date |
|---|
This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.
The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.
The company had positive total cash flow in the most recent four quarters.
The company had positive total free cash flow in the most recent four quarters.
The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.
This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.
The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.
The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.
The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.
The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.
The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.
The company has under performed its peers on annual average total returns in the past 5 years.
The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.
This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.
This stock has shown below median revenue growth in the previous 5 years compared to its sector
