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ALLETE Inc (NYSE:ALE)

57.75 USD +0.35 USD ( +0.61% )
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ALLETE Inc
NYSE:ALE
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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:

Undervaluation 20%
Intrinsic Value
Price
Worst Case
Base Case
Best Case

Wall Street
Price Targets

ALE Price Targets
Price Targets made by Wall Street

Wall Street analysts forecast ALE stock price to rise over the next 12 months.

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.

Lowest
Price Target
60.6 USD
5% Upside
Average
Price Target
68.34 USD
18% Upside
Highest
Price Target
87.15 USD
51% Upside
View Analyst Estimates
View Analyst Estimates

Insider Trading

ALE Insider Trading
Buy and sell transactions by insiders

There were no insider transactions in the past 3 months.

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.

Sold
0-3
months
0 USD
0
3-6
months
0 USD
0
6-9
months
0 USD
0
9-12
months
226k USD
1
Bought
0-3
months
No Insider Transactions
0
0 USD
3-6
months
No Insider Transactions
0
0 USD
6-9
months
No Insider Transactions
0
0 USD
9-12
months
0
0 USD
Cumulative amount
Period Sold Bought Net
3 Months
N/A
N/A
N/A
6 Months
N/A
N/A
N/A
9 Months
N/A
N/A
N/A
12 Months
226k USD
N/A
-226.1k
Date Value Insider Name Amount Avg Price
2021-08-19
Sell
226 084 USD
Heidi E. Jimmerson -3 253 69.5 USD
2020-02-20
Sell
432 328 USD
Robert John Adams -5 419 79.78 USD
2019-11-21
Sell
95 340 USD
Madeleine W. Ludlow -1 200 79.45 USD
2019-11-15
Sell
481 860 USD
Alan R. Hodnik -6 000 80.31 USD
2019-09-12
Sell
521 880 USD
Alan R. Hodnik -6 000 86.98 USD
2019-08-07
Sell
510 540 USD
Alan R Hodnik -6 000 85.09 USD
2019-06-12
Sell
338 960 USD
Alan R. Hodnik -4 000 84.74 USD
2019-05-21
Sell
328 960 USD
Alan R Hodnik -4 000 82.24 USD
2019-05-21
Sell
60 292 USD
Kathryn W. Dindo -735 82.03 USD
2019-05-17
Sell
237 868 USD
Robert John Adams -2 885 82.45 USD
2019-05-07
Sell
165 020 USD
Madeleine W. Ludlow -2 000 82.51 USD
2019-02-21
Sell
322 360 USD
Alan R Hodnik -4 000 80.59 USD
2018-12-12
Sell
324 200 USD
Alan R. Hodnik -4 000 81.05 USD
2018-09-13
Sell
302 800 USD
Alan R. Hodnik -4 000 75.7 USD
2018-08-27
Sell
61 192 USD
James J Hoolihan -800 76.49 USD
2018-07-26
Sell
62 096 USD
James J. Hoolihan -800 77.62 USD
2018-06-26
Sell
61 776 USD
James J. Hoolihan -800 77.22 USD
2018-05-26
Sell
60 680 USD
James J Hoolihan -800 75.85 USD
2018-04-26
Sell
60 128 USD
James J Hoolihan -800 75.16 USD
2018-03-26
Sell
56 408 USD
James J. Hoolihan -800 70.51 USD
Why is insider trading important?

Competitors

Competitors Valuation
ALLETE Inc Competitors

Shareholder Return

ALE Price
ALLETE Inc

1M 1M
-6%
6M 6M
-9%
1Y 1Y
-14%
3Y 3Y
-23%
5Y 5Y
-7%
Annual Price Range
57.75
52w Low
56.8
52w High
69.69
Price Metrics
Average Annual Return -0.84%
Standard Deviation of Annual Returns 13.97%
Max Drawdown -42%

Company Profile

ALLETE Inc

Country

United States of America

Industry

Utilities

Market Cap

3.1B USD

Dividend Yield

4.55%

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

MINNESOTA
Duluth
30 W Superior St
+12182795000.0
https://www.allete.com/

IPO

1981-05-22

Employees

1 340

Officers

Chair, CEO & Pres
Ms. Bethany M. Owen
Sr. VP & CFO
Mr. Steven Wayne Morris
VP & Chief Admin. Officer
Ms. Nicole Renee Johnson
VP, Chief Legal Officer & Corp. Sec.
Ms. Margaret A. Thickens
Sr. VP
Mr. Robert J. Adams
VP of Investor Relations
Mr. Vincent J. Meyer
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Director of Corp. Devel.
Jeffrey Scissons
Pres of Allete Clean Energy, Inc.
Mr. Al Rudeck
VP & Corp. Treasurer
Mr. Patrick L. Cutshall C.F.A., CPA, CPA, CFA
Pres of Superior Water, Light & Power
Mr. Rob Sandstrom
Show Less

See Also

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ALE Stock FAQ

What is the Intrinsic Value of one ALE stock?

The intrinsic value of one ALE stock under the Base Case scenario is 72.56 USD.

Is ALE stock undervalued or overvalued?

Compared to the current market price of 57.75 USD, ALLETE Inc is Undervalued by 20%.