NYSE - Nasdaq Real Time Price • USD
ALLETE, Inc. (ALE)
At close: April 19 at 4:00 PM EDT
After hours: April 19 at 7:48 PM EDT
Earnings Estimate
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 3 | 3 | 5 | 5 |
| Avg. Estimate | 1.07 | 0.82 | 3.84 | 4.19 |
| Low Estimate | 0.96 | 0.73 | 3.72 | 3.98 |
| High Estimate | 1.15 | 0.87 | 3.99 | 4.4 |
| Year Ago EPS | 1.02 | 0.9 | 4.3 | 3.84 |
Revenue Estimate
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 2 | 2 | 3 | 3 |
| Avg. Estimate | 504.75M | 475.75M | 1.74B | 1.79B |
| Low Estimate | 428.5M | 404.5M | 1.56B | 1.6B |
| High Estimate | 581M | 547M | 1.93B | 1.97B |
| Year Ago Sales | 394.75M | 533.4M | 1.88B | 1.74B |
| Sales Growth (year/est) | 27.90% | -10.80% | -7.50% | 3.20% |
Earnings History
| CURRENCY IN USD | 3/31/2023 | 6/30/2023 | 9/30/2023 | 12/31/2023 |
|---|---|---|---|---|
| EPS Est. | 1.18 | 0.8 | 0.65 | 0.97 |
| EPS Actual | 1.02 | 0.9 | 1.49 | 0.89 |
| Difference | -0.16 | 0.1 | 0.84 | -0.08 |
| Surprise % | -13.60% | 12.50% | 129.20% | -8.20% |
EPS Trend
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Current Estimate | 1.07 | 0.82 | 3.84 | 4.19 |
| 7 Days Ago | 1.07 | 0.82 | 3.84 | 4.19 |
| 30 Days Ago | 1.05 | 0.79 | 3.86 | 4.23 |
| 60 Days Ago | 1.19 | 0.91 | 4.08 | 4.28 |
| 90 Days Ago | 1.3 | 0.9 | 4.11 | 4.31 |
EPS Revisions
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Up Last 7 Days | -- | -- | -- | -- |
| Up Last 30 Days | -- | -- | -- | -- |
| Down Last 7 Days | -- | -- | -- | -- |
| Down Last 30 Days | -- | -- | -- | -- |
Growth Estimates
| CURRENCY IN USD | ALE | Industry | Sector | S&P 500 |
|---|---|---|---|---|
| Current Qtr. | 4.90% | -- | -- | 1.60% |
| Next Qtr. | -8.90% | -- | -- | 10.50% |
| Current Year | -10.70% | -- | -- | 5.20% |
| Next Year | 9.10% | -- | -- | 13.30% |
| Next 5 Years (per annum) | 8.10% | -- | -- | 11.22% |
| Past 5 Years (per annum) | 2.49% | -- | -- | -- |
Research Analysis
Analyst Price Targets
Fair Value
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Analyst Recommendations
- Strong Buy
- Buy
- Hold
- Underperform
- Sell
Earnings
Upgrades & Downgrades
| Maintains | Wells Fargo: Equal-Weight to Equal-Weight | 2/21/2024 |
| Upgrade | Guggenheim: Sell to Neutral | 1/22/2024 |
| Downgrade | Sidoti & Co.: Buy to Neutral | 1/10/2024 |
| Maintains | Mizuho: Neutral to Neutral | 7/21/2023 |
| Maintains | Guggenheim: Sell to Sell | 7/7/2023 |
| Downgrade | B of A Securities: Neutral to Underperform | 6/27/2023 |
Related Tickers
NWE NorthWestern Energy Group, Inc.
50.13
+2.45%
AVA Avista Corporation
35.08
+2.10%
OTTR Otter Tail Corporation
84.25
+2.38%
UTL Unitil Corporation
50.19
+2.12%
SRE Sempra
70.08
+2.40%
CIG Companhia Energética de Minas Gerais - CEMIG
2.4800
+1.64%
ELP Companhia Paranaense de Energia - COPEL
7.31
+3.25%
AES The AES Corporation
16.40
+0.80%
ELPC Companhia Paranaense de Energia
6.44
+2.38%
BIP Brookfield Infrastructure Partners L.P.
27.16
+3.35%