ALE
Allete Inc
NYSE: ALE · UTILITIES · UTILITIES - DIVERSIFIED
$67.90
+0.00% today
Updated 2026-05-06
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
Allete Inc (ALE) Financial Forecast & Price Target 2030
Revenue-driven projection model with historical context.
Price target summary
Current price
$67.90
12-Month target
$67.61
2030 Target
—
Intrinsic (DCF)
$70.80
Financial forecast
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.4B | $1.6B | $1.9B | $1.5B |
| EPS | — | — | — | — | — |
CAGR applied: — (capped 20%) · P/E: 23.82x (capped 25x) · Margin: 11.00%
Methodology
CAGR-based projection model. Research-backed estimates are being generated — check back soon for analyst consensus and management guidance.