Trade

with

ALLETE Inc
(NYSE: ALE)
AdChoices
50.00
+0.03
+0.06%
Pre-Market :
49.97
-0.03
-0.06%

Open

50.06

Previous Close

49.97

Volume (Avg)

28.02k (222.35k)

Day's Range

49.90-50.13

52Wk Range

44.19-52.73

Market Cap.

2.13B

Dividend Rate (Yield )

1.96 (3.89%)

Beta

0.67

Shares Outstanding

42.63M

P/E Ratio (EPS)

18.94 (2.64)

AdChoices
Fundamentals
  • Key statistics
  • Growth
  • Profitability
  • Financial health
  • Price ratios
  • Trading statistics
Industry Utilities – Regulated Electric
Highlights
Analyst Recommendation: Buy
    • Revenue

    • 1.02B

    • Net Income

    • 104.70M

    • Market Cap.

    • 2.13B

    • Enterprise Value

    • -

    • Net Profit Margin %

    • 10.08

    • PEG (Price/Earnings Growth) Ratio

    • 2.53

    • Beta

    • 0.67

    • Forward P/E

    • 15.38

    • Price/Sales

    • 1.91

    • Price/Book Value

    • 1.50

    • Price/Cash flow

    • 7.98

      • EBITDA

      • 300.30M

      • Return on Capital %

      • 2.99

      • Return on Equity %

      • 8.14

      • Return on Assets %

      • 2.99

      • Book Value/Share

      • 33.22

      • Shares Outstanding

      • 42.63M

      • Last Split Factor (Date)

      • -

      • Last Dividend (Ex-Date)

      • 0.49 (8/13/2014)

      • Dividend Declaration Date

      • 7/31/2014

      Analyst Recommendation
      10/21/2014
      Buy
        • 1 Year Price Target

        • 56.00

        • Credit Rating

        • -

        • Analysts

        • 1

        • EPS Estimate

        • 3.25

        • Cashflow Estimate

        • 8.03

        Morningstar Consensus estimate data
        • Growth Rate (%)

        • Company

        • Industry

          • Sales (Revenue)

            Q/Q (last year)

          • 10.70

          • 12.28

          • Net Income

            YTD/YTD (last year)

          • 7.80

          • 21.63

          • Net Income

            Q/Q (last year)

          • 20.00

          • 86.55

          • Sales (Revenue)

            5-Year Annual Average

          • 4.92

          • 3.84

          • Net Income

            5-Year Annual Average

          • 4.90

          • 1.67

          • Dividends

            5-Year Annual Average

          • 2.01

          • 3.55

          • Profit Margins (%)

          • Company

          • Industry

            • Gross Margin

            • 67.53

            • 45.79

            • Pre-Tax Margin

            • 12.98

            • 12.00

            • Net Profit Margin

            • 10.08

            • 8.11

            • Average Gross Margin

              5-Year Annual Average

            • 65.90

            • 51.34

            • Average Pre-Tax Margin

              5-Year Annual Average

            • 13.30

            • 10.76

            • Average Net Profit Margin

              5-Year Annual Average

            • 9.40

            • 81.78B

            • Financial Ratios

            • Company

            • Industry

              • Debt/Equity Ratio

              • 0.93

              • 1.09

              • Current Ratio

              • 1.38

              • 0.78

              • Quick Ratio

              • 0.76

              • 0.42

              • Interest Coverage

              • 3.71

              • 2.85

              • Leverage Ratio

              • 2.75

              • 3.43

              • Book Value/Share

              • 33.22

              • 25.44

              • Price Ratios

              • Company

              • Industry

                • Current P/E Ratio

                • 18.69

                • 20.62

                • P/E Ratio 5-Year High

                • 20.51

                • 679.33

                • P/E Ratio 5-Year Low

                • 11.36

                • 241.49

                • Price/Sales Ratio

                • 1.89

                • 1.47

                • Price/Book Value

                • 1.49

                • 1.44

                • Price/Cash Flow Ratio

                • 7.98

                • 6.40

                • Key Metrics

                • Company

                • Industry

                  • Return on Equity %

                    (5-Year Average)

                  • 8.14

                    (8.10)

                  • 8.42

                    (6.54)

                  • Return on Assets %

                    (5-Year Average)

                  • 2.99

                    (3.10)

                  • 2.46

                    (2.05)

                  • Return on Capital %

                    (5-Year Average)

                  • 5.83

                    (6.10)

                  • 4.44

                    (3.34)

                  • Income/Employee

                  • 136.82k

                  • 68.49k

                  • Inventory Turnover

                  • 4.78

                  • 7.85

                  • Asset Turnover

                  • 0.30

                  • 0.30

                  Current Historical
                  Financials
                  • Income Statement
                  • Balance Sheet
                  • Cash Flow
                  Operating Income
                  154.10M
                  Operating Margin
                  15.13
                  Total Equity
                  -
                  Retained Earnings
                  -
                  Free Cashflow
                  -
                  Price/Cashflow
                  7.98
                  Ownership

                  Institutional Ownership

                  81.54%

                  Top 10 Institutions

                  31.29%

                  Mutual Fund Ownership

                  39.99%

                  Float

                  92.31%

                  5% / Insider Ownership

                  1.22%

                  Corporate insiders or major stockholders reporting trading activity in the stock.

                  Top Mutual Fund Owners

                  Top Institutional Owners

                  Mutual Fund Name

                  Institution Name

                  • Mutual Fund Name

                  • Shares Held

                  • % Change

                  • % Outstanding

                  • Franklin Utilities

                  •  

                    1,000,000

                  • 0.00

                  • 2.35

                  • MFS® Utilities Fund

                  •  

                    832,321

                  • 0.51

                  • 1.97

                  • iShares Core S&P Small-Cap (AU)

                  •  

                    790,625

                  • 0.57

                  • 2.07

                  • Goldman Sachs Small Cap Value

                  •  

                    773,034

                  • 6.98

                  • 1.81

                  • Vanguard Small Cap Index

                  •  

                    740,418

                  • 0.28

                  • 1.74

                  • Vanguard Total Stock Mkt Idx

                  •  

                    727,971

                  • 0.67

                  • 1.71

                  • iShares Russell 2000 (AU)

                  •  

                    639,780

                  • -1.81

                  • 1.68

                  • Keeley Small Cap Value Fund

                  •  

                    549,900

                  • 0.00

                  • 1.29

                  • Victory Small Company Opportunity Fund

                  •  

                    513,700

                  • 19.33

                  • 1.21

                  • Vanguard Small Cap Value Index Fund

                  •  

                    397,173

                  • 1.87

                  • 0.93

                  • Institution Name

                  • Shares Held

                  • % Change

                  • % Outstanding

                  • Vanguard Group, Inc.

                  •  

                    2,823,306

                  • +1.85%

                  • 6.62

                  • BlackRock Fund Advisors

                  •  

                    2,184,035

                  • -2.73%

                  • 5.12

                  • MFS Investment Management K.K.

                  •  

                    1,459,370

                  • -2.55%

                  • 3.42

                  • Adage Capital Partners Gp LLC

                  •  

                    1,389,345

                  • +20.81%

                  • 3.26

                  • Goldman Sachs Asset Management, L.P.

                  •  

                    1,083,221

                  • +1.04%

                  • 2.54

                  • Franklin Advisers, Inc.

                  •  

                    1,000,000

                  • 0.00%

                  • 2.35

                  • State Street Corp

                  •  

                    964,073

                  • +2.31%

                  • 2.26

                  • Northern Trust Investments, N.A.

                  •  

                    913,399

                  • -3.51%

                  • 2.14

                  • Keeley Asset Management Corp.

                  •  

                    887,573

                  • -7.44%

                  • 2.08

                  • Victory Capital Management Inc.

                  •  

                    639,646

                  • +19.82%

                  • 1.50

                  Company Profile

                  Sector

                  Utilities

                  Industry

                  Utilities – Regulated Electric

                  Type

                  Classic Growth

                  Style

                  Small Value

                  ALLETE, Inc., a Minnesota corporation was incorporated in 1906. The Company, together with its subsidiaries, is engaged in the generation, transmission and distribution of electric power in the United States. Its business segments ar...moree comprised of Regulated Operations and Investments and Other. Regulated Operations includes the Company's regulated utilities, Minnesota Power and SWL&P, as well as its investment in ATC, a Wisconsin-based utility that owns and maintains electric transmission assets in parts of Wisconsin, Michigan, Minnesota and Illinois. Minnesota Power provides regulated utility electric service in northeastern Minnesota to approximately 143,000 retail customers. Minnesota Power’s non-affiliated municipal customers consist of 16municipalities in Minnesota and 1 private utility in Wis...moreconsin. SWL&P, a wholly-owned subsidiary of ALLETE, is also a private utility in Wisconsin and a customer of Minnesota Power. SWL&P provides regulated electric, natural gas and water service in northwestern Wisconsin to approximately 15,000 electric customers, 12,000 natural gas customers and 10,000 water customers. Its regulated utility operations include retail and wholesale activities under the jurisdiction of state and federal regulatory authorities. Investments and Other is comprised of BNI Coal, the Company's coal mining operations in North Dakota, and ALLETE Properties, its Florida real estate business. This segment also includes emerging technology investments, a small amount of non-rate base generation, approximately 6,100 acres of land for sale in Minnesota, and earnings on cash and short-term investments. The Company's businesses are subject to regulation of environmental matters by federal, state and local authorities.lessless

                  Key People

                  Alan R. Hodnik

                  CEO/Chairman of the Board/Director/President

                  Steven Q. Devinck

                  Chief Accounting Officer/Senior Vice President

                  Robert J. Adams

                  Chief Risk Officer/Vice President, Divisional

                  Donald W. Stellmaker

                  Treasurer/Vice President

                  Douglas C. Neve

                  Director

                  • ALLETE Inc

                  • 30 West Superior Street

                  • Duluth, MN 55802-2093

                  • USA.Map

                  • Phone: +1 218 279-5000

                  • Fax: -

                  • allete.com

                  Incorporated

                  1906

                  Employees

                  793

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