ALLETE, Inc. operates as an energy company.
If you are interested in ALE stock information, you might also be interested in competitors like NYSE:POR.
With a P/E ratio of 13.12, the stock appears relatively cheap compared to its index ^SPX at the moment.
The market capitalization of ALLETE is currently at $3.21 B. This places it among the medium capitalized companies.
The book value reported in the balance sheet results in a P/B ratio of 1.2.
With one share of ALLETE investors achieved a dividend of $2.60. This results in a good dividend yield of 4.63%. In the last 17 years, the annual dividend has risen constantly.
For the risk analysis, the low beta factor should be noted, which is currently at a value of 0.60. The price of the stock NYSE:ALE is therefore subject to moderate fluctuations in relation to the overall market.
0.31% of ALE Stocks is owned by insiders.
For Wall Street analysts, a price target of $66.14 is currently considered realistic.
NYSE:ALE has a 52 week range of $56.55 - $71.68 and is currently trading around $56.21.
The low short sale ratio indicated that the value might increase in the foreseeable future.