
ALLETE Inc (NYSE:ALE)

Intrinsic Value
The intrinsic value of one
ALE
stock under the Base Case scenario is
72.56
USD.
Compared to the current market price of 57.75 USD,
ALLETE Inc
is
Undervalued by 20%.
The Intrinsic Value is calculated as the average of the two valuation methods:

Wall Street
Price Targets
ALE Price Targets
Price Targets made by Wall Street
12-month price targets for ALE stock made by Wall Street professionals. The average price target is 68.34 USD with a low forecast of 60.6 USD and a high forecast of 87.15 USD.
Insider Trading
ALE Insider Trading
Buy and sell transactions by insiders
During the last 3 months ALLETE Inc insiders have not bought any shares, and have not sold any shares. The last transaction was made on Aug 19, 2021 by Heidi E. Jimmerson, who sold 226k USD worth of ALE shares.
Company Profile

Country
Industry
Market Cap
Dividend Yield
Description
ALLETE, Inc. engages in the provision of electric and natural gas utility services. The company is headquartered in Duluth, Minnesota and currently employs 1,340 full-time employees. The Company’s segments include Regulated Operations and ALLETE Clean Energy. Regulated Operations includes regulated utilities, Minnesota Power and SWL&P, as well as investment in ATC, a Wisconsin-based regulated utility that owns and maintains electric transmission assets in portions of Wisconsin, Michigan, Minnesota and Illinois. Minnesota Power provides regulated utility electric service in northeastern Minnesota to approximately 150,000 retail customers. ALLETE Clean Energy is focused on developing, acquiring, and operating clean and renewable energy projects. In addition, ALLETE Clean Energy segment has approximately 200 megawatts of wind energy facilities. ALLETE Clean Energy also engages in the development of wind energy facilities to operate under long-term power sales agreements (PSAs).
Contact
IPO
Employees
Officers
ALE Stock FAQ
The intrinsic value of one
ALE
stock under the Base Case scenario is
72.56
USD.
Compared to the current market price of 57.75 USD, ALLETE Inc is Undervalued by 20%.