Feb. 20, 2020 Price forecast | 2 weeks: -0.54% | 1 month: -0.72% | 3 months: 0.26%


ALE stock forecast

Our latest prediction for ALLETE, Inc.'s stock price was made on the Feb. 20, 2020 when the stock price was at 79.65$.

In the short term (2weeks), ALE's stock price should underperform the market by -0.54%. During that period the price should oscillate between -3.97% and +2.90%.

In the medium term (3months), ALE's stock price should outperform the market by 0.26%. During that period the price should oscillate between -10.80% and +7.76%.

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About ALLETE, Inc.

ALLETE, Inc. engages in the provision of electric and natural gas utility services. It operates through the following business segments: Regulated Operations, ALLETE Clean Energy, U.S. Water Services, and Corporate and Other. The Regulated Operations segment includes regulated utilities; Minnesota Power; SWL&P; and investment in ATC, which regulates utilities that owns and maintains electric transmission assets. The ALLETE Clean Energy segment develops, acquires, and operates clean and renewable energy projects. The U.S. Water Services segment provides integrated water management for industry by combining chemical, equipment, engineering, and service for customized solutions to reduce water and energy usage and improve efficiency. The Corporate and Other segment consists of other business development and corporate expenditure of the firm. The company was founded in 1906 and is headquartered in Duluth, MN.

At the moment the company generates 1241M USD in revenues.

On its last earning announcement, the company reported a profit of 3.59$ per share.

The book value per share is 41.04$

ALLETE, Inc. website


Three months stock forecastFeb. 20, 2020


Financials

Revenue USD Gross Margin Operating Income Operating Margin Net Income Earnings Per Share Dividends Payout Ratio Shares Book Value Per Share Operating Cash Flow Cap Spending Free Cash Flow
1241M 56.40% 180M 14.50% 185M 3.59 2.35 66.50% 52M 41.04 250M -597M -348M