Equities

ALLETE Inc

ALLETE Inc

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UtilitiesElectricity
  • Price (USD)64.35
  • Today's Change-0.02 / -0.03%
  • Shares traded384.11k
  • 1 Year change+17.09%
  • Beta0.7953
Data delayed at least 15 minutes, as of Nov 22 2024.
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About the company

ALLETE, Inc. is a clean-energy transformation company that owns, operates and developing wind energy generation to reduce carbon footprint. 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 segment is focused on developing, acquiring, and operating clean and renewable energy projects. The segment owns and operates, in seven states, more than 1,200 MW of nameplate capacity wind energy generation with a contract under power sales agreements (PSAs) of various durations. It engages in the development of wind energy facilities to operate under long-term PSAs.

  • Revenue in USD (TTM)1.57bn
  • Net income in USD180.20m
  • Incorporated1906
  • Employees1.56k
  • Location
    ALLETE Inc30 W SUPERIOR STDULUTH 55802-2191United StatesUSA
  • Phone+1 (218) 279-5000
  • Websitehttps://www.allete.com/
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Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
NET Power Inc250.00k46.16m2.70bn43.0019.983.5235.7610,811.670.62810.62810.00343.560.0001--0.0955,813.95-0.192---0.8023--88.80---1,854.00------0.0002---69.83---220.75------
Oklo Inc0.00-548.69m3.08bn2.00--11.70-----5.46-5.460.002.160.00----0.00-14.93---15.06--------------0.00------202.32------
Avista Corp1.92bn196.98m3.09bn1.86k15.491.226.611.612.522.5224.5331.930.25217.4313.671,034,763.002.582.392.822.68----10.2510.570.48442.110.541875.412.424.6310.314.643.284.31
Otter Tail Corp1.34bn304.58m3.37bn2.66k11.132.068.232.517.247.2431.9039.050.39735.683.15505,367.209.027.139.918.04-62.11--22.7016.131.669.440.382334.41-7.608.043.5229.0022.19-0.4139
NorthWestern Energy Group Inc1.50bn226.70m3.46bn1.57k15.291.237.702.323.703.7024.3945.940.19585.5010.24951,329.302.972.783.262.9955.81--15.1513.740.30352.660.513671.20-3.773.597.832.1814.833.08
ALLETE Inc1.57bn180.20m3.72bn1.56k20.601.319.472.373.123.1227.1748.980.23436.1912.231,036,153.001.802.562.103.02----7.6810.800.94743.110.345171.3919.684.6430.537.25-2.793.88
MGE Energy Inc670.18m118.63m3.77bn719.0031.773.1516.785.633.283.2818.5233.010.25105.6115.15932,101.504.444.454.684.7840.62--17.7016.470.94196.720.391553.00-3.374.296.086.920.91384.82
Mdu Resources Group Inc4.45bn394.33m3.93bn9.15k10.001.296.370.88391.931.9421.7415.000.554541.671.87486,299.204.924.075.804.68-109.92--8.877.261.075.250.44548.594.850.549191.5812.77-1.770.0632
TXNM Energy Inc1.91bn176.21m4.37bn1.60k25.221.787.442.291.921.9221.2727.400.18257.7711.731,191,468.001.851.882.152.11----10.128.750.27392.730.682179.65-13.806.18-48.20-0.167216.506.76
Black Hills Corp2.12bn254.78m4.53bn2.87k17.031.318.492.133.723.7230.7448.150.2168.1114.37738,459.302.712.943.073.37----12.5312.220.82822.740.547161.64-8.645.851.48-0.2373.965.31
Portland General Electric Company3.34bn343.00m5.02bn2.84k14.241.386.051.503.343.3432.5734.420.297215.828.171,175,581.003.052.283.292.5347.31--10.278.780.8593.020.566372.7210.437.98-2.151.4717.945.63
Data as of Nov 22 2024. Currency figures normalised to ALLETE Inc's reporting currency: US Dollar USD

Institutional shareholders

38.58%Per cent of shares held by top holders
HolderShares% Held
BlackRock Fund Advisorsas of 30 Sep 20246.90m11.96%
The Vanguard Group, Inc.as of 30 Sep 20246.22m10.77%
SSgA Funds Management, Inc.as of 30 Sep 20242.46m4.26%
Geode Capital Management LLCas of 30 Sep 20241.40m2.42%
Adage Capital Management LPas of 30 Sep 20241.10m1.91%
Millennium Management LLCas of 30 Sep 2024926.11k1.60%
Dimensional Fund Advisors LPas of 30 Sep 2024895.15k1.55%
First Trust Advisors LPas of 30 Sep 2024817.90k1.42%
FIAM LLCas of 30 Sep 2024797.63k1.38%
Charles Schwab Investment Management, Inc.as of 30 Sep 2024766.34k1.33%
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Data from 30 Sep 2024 - 30 Sep 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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