ALLETE, Inc. (ALE)
Company Info
Highlights
$3.77B
$3.19
20.35
2.75
$1.53B
$440.30M
$466.70M
$58.84 - $65.34
$65.75
2.50%
3.32
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
ALLETE, Inc. (ALE) returned 2.63% year-to-date (YTD) and 8.38% over the past 12 months. Over the past 10 years, ALE returned 6.70% annually, underperforming the S&P 500 benchmark at 10.85%.
ALE
2.63%
0.43%
2.51%
8.38%
6.31%
6.58%
6.70%
^GSPC (Benchmark)
0.51%
6.15%
-2.00%
12.92%
12.68%
14.19%
10.85%
Monthly Returns
The table below presents the monthly returns of ALE, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.27% | 1.23% | 0.02% | -0.32% | 0.43% | 2.63% | |||||||
| 2024 | -3.35% | -2.98% | 5.30% | -0.70% | 7.83% | -1.27% | 3.45% | -0.38% | 1.01% | -0.44% | 2.64% | -0.12% | 10.90% |
| 2023 | -4.11% | 0.04% | 5.20% | -3.09% | -3.45% | -2.69% | -0.93% | -3.27% | -3.83% | 1.40% | 4.95% | 10.24% | -0.65% |
| 2022 | -3.80% | -0.35% | 6.42% | -11.41% | 5.69% | -5.22% | 5.60% | -3.65% | -15.43% | 12.43% | 18.91% | -2.55% | 1.48% |
| 2021 | 1.45% | -0.19% | 8.14% | 4.72% | -1.19% | 1.58% | 0.49% | -3.27% | -11.72% | 3.39% | -3.80% | 13.17% | 11.17% |
| 2020 | 2.85% | -16.73% | -12.05% | -5.14% | 3.26% | -7.02% | 8.59% | -8.04% | -4.11% | -0.31% | 10.26% | 10.14% | -20.47% |
| 2019 | 0.94% | 6.15% | 1.46% | -0.95% | 1.26% | 1.61% | 4.49% | -0.72% | 1.96% | -1.54% | -6.23% | 1.32% | 9.62% |
| 2018 | -2.58% | -5.16% | 6.02% | 5.76% | 1.27% | 0.77% | 0.15% | -2.46% | -0.09% | -1.35% | 10.77% | -6.34% | 5.60% |
| 2017 | 1.81% | 3.69% | 0.74% | 3.25% | 5.79% | -2.33% | 2.22% | 6.30% | -0.05% | 1.37% | 3.46% | -7.63% | 19.38% |
| 2016 | 4.07% | 1.21% | 5.75% | 0.21% | 3.70% | 11.93% | -1.21% | -6.33% | 0.54% | 2.80% | 1.76% | 3.83% | 30.93% |
| 2015 | 2.74% | -2.30% | -3.79% | -4.66% | 1.15% | -7.87% | 4.10% | -0.07% | 5.67% | -0.55% | 2.48% | -0.24% | -4.11% |
| 2014 | 0.20% | 2.08% | 3.78% | -1.26% | -3.09% | 3.38% | -8.63% | 4.81% | -8.79% | 17.68% | -1.51% | 8.18% | 15.00% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 88, ALE is among the top 12% of stocks on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for ALLETE, Inc. (ALE) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
ALLETE, Inc. provided a 4.41% dividend yield over the last twelve months, with an annual payout of $2.87 per share. The company has been increasing its dividends for 19 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.87 | $2.82 | $2.71 | $2.60 | $2.52 | $2.47 | $2.35 | $2.24 | $2.14 | $2.08 | $2.02 | $1.96 |
Dividend yield | 4.41% | 4.35% | 4.43% | 4.03% | 3.80% | 3.99% | 2.90% | 2.94% | 2.88% | 3.24% | 3.97% | 3.55% |
Monthly Dividends
The table displays the monthly dividend distributions for ALLETE, Inc.. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.73 | $0.00 | $0.00 | $0.73 | $1.46 | |||||||
| 2024 | $0.00 | $0.71 | $0.00 | $0.00 | $0.71 | $0.00 | $0.00 | $0.71 | $0.00 | $0.00 | $0.71 | $0.00 | $2.82 |
| 2023 | $0.00 | $0.68 | $0.00 | $0.00 | $0.68 | $0.00 | $0.00 | $0.68 | $0.00 | $0.00 | $0.68 | $0.00 | $2.71 |
| 2022 | $0.00 | $0.65 | $0.00 | $0.00 | $0.65 | $0.00 | $0.00 | $0.65 | $0.00 | $0.00 | $0.65 | $0.00 | $2.60 |
| 2021 | $0.00 | $0.63 | $0.00 | $0.00 | $0.63 | $0.00 | $0.00 | $0.63 | $0.00 | $0.00 | $0.63 | $0.00 | $2.52 |
| 2020 | $0.00 | $0.62 | $0.00 | $0.00 | $0.62 | $0.00 | $0.00 | $0.62 | $0.00 | $0.00 | $0.62 | $0.00 | $2.47 |
| 2019 | $0.00 | $0.59 | $0.00 | $0.00 | $0.59 | $0.00 | $0.00 | $0.59 | $0.00 | $0.00 | $0.59 | $0.00 | $2.35 |
| 2018 | $0.00 | $0.56 | $0.00 | $0.00 | $0.56 | $0.00 | $0.00 | $0.56 | $0.00 | $0.00 | $0.56 | $0.00 | $2.24 |
| 2017 | $0.00 | $0.54 | $0.00 | $0.00 | $0.54 | $0.00 | $0.00 | $0.54 | $0.00 | $0.00 | $0.54 | $0.00 | $2.14 |
| 2016 | $0.00 | $0.52 | $0.00 | $0.00 | $0.52 | $0.00 | $0.00 | $0.52 | $0.00 | $0.00 | $0.52 | $0.00 | $2.08 |
| 2015 | $0.00 | $0.51 | $0.00 | $0.00 | $0.51 | $0.00 | $0.00 | $0.51 | $0.00 | $0.00 | $0.51 | $0.00 | $2.02 |
| 2014 | $0.49 | $0.00 | $0.00 | $0.49 | $0.00 | $0.00 | $0.49 | $0.00 | $0.00 | $0.49 | $0.00 | $1.96 |
Dividend Yield & Payout
Dividend Yield
ALLETE, Inc. has a dividend yield of 4.41%, which is quite average when compared to the overall market.
Payout Ratio
ALLETE, Inc. has a payout ratio of 89.97%, which is above the market average. This might signify the company's strong earnings or financial health. However, it could also hint at a more mature business phase with potentially slower growth.
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the ALLETE, Inc.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the ALLETE, Inc. was 74.12%, occurring on Mar 5, 2009. Recovery took 1957 trading sessions.
The current ALLETE, Inc. drawdown is 5.92%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -74.12% | Jun 14, 2004 | 1191 | Mar 5, 2009 | 1957 | Dec 9, 2016 | 3148 |
| -42.22% | Sep 26, 2019 | 161 | May 15, 2020 | — | — | — |
| -41.95% | Sep 27, 1973 | 244 | Sep 13, 1974 | 627 | Mar 8, 1977 | 871 |
| -40.21% | Jan 16, 1987 | 192 | Oct 19, 1987 | 845 | Feb 21, 1991 | 1037 |
| -37.77% | May 3, 2002 | 215 | Mar 11, 2003 | 164 | Oct 31, 2003 | 379 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Financials
Financial Performance
The chart below illustrates the trends in the financial health of ALLETE, Inc. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.
Earnings Per Share
The chart presents the Earnings Per Share (EPS) performance of ALLETE, Inc., comparing actual results with analytics estimates. In the past quarter, the company did not meet analyst expectations for EPS, resulting in a surprise of -2.0%.
Valuation
The Valuation section provides an overview of how ALLETE, Inc. is priced in the market compared to other companies in the Utilities - Diversified industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.
PE Ratio
The chart displays the Price-to-Earnings (P/E) ratio for ALE, comparing it with other companies in the Utilities - Diversified industry. Currently, ALE has a P/E ratio of 20.4. This P/E ratio is significantly higher than those of industry peers. This could indicate that the stock is overvalued or that investors expect strong future growth.
PEG Ratio
The chart shows the Price/Earnings to Growth (PEG) ratio for ALE compared to other companies in the Utilities - Diversified industry. ALE currently has a PEG ratio of 2.8. This PEG ratio is close to the industry average, suggesting the stock’s valuation is balanced against its growth outlook.
PS Ratio
This chart shows the Price-to-Sales (P/S) ratio for ALE relative to other companies in the Utilities - Diversified industry. Currently, ALE has a P/S ratio of 2.5. This P/S ratio is high relative to other companies in the industry. It could mean the stock is overvalued, or that investors expect strong future growth and profitability.
PB Ratio
The chart illustrates the Price-to-Book (P/B) ratio for ALE in comparison with other companies in the Utilities - Diversified industry. Currently, ALE has a P/B value of 1.3. This P/B ratio is in line with the industry average, suggesting the stock is valued fairly in relation to its book value.
Income Statement
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