ALE
Allete Inc
NYSE: ALE · UTILITIES · UTILITIES - DIVERSIFIED
$67.90
+0.00% today
Updated 2026-06-05
Market cap
$3.94B
P/E ratio
23.82
P/S ratio
2.63x
EPS (TTM)
$2.85
Dividend yield
4.26%
52W range
$62 – $68
Volume
4.4M
WallStSmart proprietary scores
43
out of 100
Grade: D
Sell
Investment rating
2.7
Growth
F4.5
Quality
C5.0
Profitability
C+4.0
Valuation
C2/9
Piotroski F-Score
Weak
1.0
Altman Z-Score
Distress
—
Industry rank
—
View all highly rated stocks (75+) →199 stocks currently score above 75
Price targets
Analyst target
$67.00
-1.33%
12-Month target
$67.61
-0.43%
Intrinsic (DCF)
$60.25
Margin of safety
-12.70%
Price chart
Stock snapshot
Strengths
Insufficient data
Risks
- Piotroski 2/9 — weak financial health
- Altman Z 1.01 — distress zone
- Negative free cash flow $-174.20M
- Revenue declining -7.90% QoQ
- 12.70% above intrinsic value
Key financials
Revenue Net Income Free Cash Flow
| Metric | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|
| Revenue | $1.42B | $1.57B | $1.88B | $1.53B | $1.50B |
| Net income | $169.20M | $189.30M | $247.10M | $179.30M | $27.10M |
| EPS | — | — | — | — | $2.85 |
| Free cash flow | $-209.80M | $800000.00 | $314.10M | $102.20M | $-174.20M |
| Profit margin | 11.92% | 12.05% | 13.15% | 11.72% | 11.00% |
Peer comparison
Smart narrative
Allete Inc trades at $67.90. representing a P/E of 23.82x trailing earnings. Our Smart Value Score of 43/100 indicates the stock is fair. The company scores 2/9 on the Piotroski F-Score. With an Altman Z-Score of 1.01, it sits in the distress. TTM revenue stands at $1.50B. with profit margins at 11.00%. Our DCF model estimates intrinsic value at $60.25.
Frequently asked questions
What is Allete Inc's stock price?
Allete Inc (ALE) trades at $67.90, on a P/E of 23.8x and a P/S of 2.6x. Those multiples show what the market is paying for each dollar of earnings and sales, which is the real starting point for judging whether the price is reasonable.
Is Allete Inc overvalued?
Allete Inc carries a Smart Value Score of 43/100 (Grade D), which we rate Sell. That score blends growth, quality, and valuation into one read. On valuation specifically, our conservative DCF puts intrinsic value at $60.25 against the $67.90 price, so on cash flow terms the market is paying a premium for Allete Inc's growth. The Sell rating reflects that growth and quality, while the DCF flags that the price already assumes a lot.
What is the price target of Allete Inc (ALE)?
The 12-month analyst consensus target is $67.00, about 1.3% below the current $67.90. A consensus target is the average of Wall Street's 12-month forecasts, so it works as a sentiment gauge rather than a guarantee, and it resets with every earnings cycle.
What is the intrinsic value of Allete Inc (ALE)?
Our DCF model estimates intrinsic value at $60.25, a -12.7% margin of safety versus today's $67.90. Intrinsic value is what the projected cash flows are worth today. A negative reading means the price is running ahead of that conservative estimate, leaving little downside cushion if growth slows.
What is Allete Inc's revenue?
Allete Inc's trailing twelve-month revenue is $1.50B. Revenue scale anchors the valuation multiples and shows whether growth is reaching the top line, so it is best read alongside margin and growth trends to see if that revenue is getting more profitable over time.
Altman Z-Score?
Allete Inc's Altman Z-Score is 1.01, which places it in the distress. The Altman Z-Score gauges bankruptcy risk from profitability, leverage, and asset efficiency, and a higher reading points to lower financial distress risk.
Company info
SectorUTILITIES
IndustryUTILITIES - DIVERSIFIED
CountryUSA
ExchangeNYSE
CurrencyUSD
Quick metrics
P/S ratio2.63x
ROE5.81%
Beta0.82
50D MA$67.46
200D MA$65.65
Shares out0.06B
Float0.06B
Short ratio—
Avg volume4.4M
Performance
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