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Upturn AI SWOT - About
ALE 
Allete Inc (ALE)
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Upturn Advisory Summary
09/17/2025: ALE (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
3 Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
1 Year Target Price $70
1 Year Target Price $70
| 1 | Strong Buy |
| 0 | Buy |
| 2 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 13.58% | Avg. Invested days 78 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 09/17/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 3.62B USD | Price to earnings Ratio 19.7 | 1Y Target Price 70 |
Price to earnings Ratio 19.7 | 1Y Target Price 70 | ||
Volume (30-day avg) 3 | Beta 0.81 | 52 Weeks Range 60.82 - 65.72 | Updated Date 09/17/2025 |
52 Weeks Range 60.82 - 65.72 | Updated Date 09/17/2025 | ||
Dividends yield (FY) 4.60% | Basic EPS (TTM) 3.17 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 11.98% | Operating Margin (TTM) 5.41% |
Management Effectiveness
Return on Assets (TTM) 1.5% | Return on Equity (TTM) 3.14% |
Valuation
Trailing PE 19.7 | Forward PE 15.5 | Enterprise Value 5591585102 | Price to Sales(TTM) 2.37 |
Enterprise Value 5591585102 | Price to Sales(TTM) 2.37 | ||
Enterprise Value to Revenue 3.65 | Enterprise Value to EBITDA 11.45 | Shares Outstanding 58035400 | Shares Floating 57831660 |
Shares Outstanding 58035400 | Shares Floating 57831660 | ||
Percent Insiders 0.31 | Percent Institutions 77.03 |
Upturn AI SWOT
Allete Inc
Company Overview
History and Background
Allete Inc. was founded in 1900 as Minnesota Power & Light Company. It has evolved from a regional utility to an energy company with investments in clean and renewable energy projects.
Core Business Areas
- Regulated Operations: This segment includes Minnesota Power, which provides electric service to northeastern Minnesota, and Superior Water, Light and Power, which provides electric, natural gas, and water service in northwestern Wisconsin.
- ALLETE Clean Energy: Develops, acquires, and operates clean and renewable energy projects, including wind, solar, and biomass facilities.
- Corporate and Other: Includes ALLETE Properties which holds certain real estate assets.
Leadership and Structure
ALLETE is led by a board of directors and an executive management team. The company is structured into operating segments focused on regulated utilities, clean energy, and corporate functions.
Top Products and Market Share
Key Offerings
- Electricity Generation and Distribution: ALLETE's core offering is electricity generation and distribution, primarily through Minnesota Power. Market share varies within its service territory in northeastern Minnesota. Competitors include other regional utilities and independent power producers.
- Renewable Energy Generation: ALLETE Clean Energy generates renewable energy through wind, solar, and biomass facilities. Market share is dependent on the specific projects and regions where they operate. Competitors include NextEra Energy Resources, Invenergy, and EDP Renewables.
- Natural Gas Distribution: Superior Water, Light and Power segment distributes natural gas to residential and commercial customers. Market share depends on the limited service area and competes with other local gas distribution companies.
Market Dynamics
Industry Overview
The utility industry is undergoing significant changes driven by the transition to renewable energy, advancements in technology, and evolving customer expectations. The clean energy sector is experiencing rapid growth due to government incentives, falling costs, and increasing environmental concerns.
Positioning
ALLETE is positioned as a diversified energy company with a growing presence in the clean energy sector. Its regulated utility operations provide a stable revenue base, while its clean energy investments offer growth potential. Their advantage lies in early adoption of renewable and a regional utility base.
Total Addressable Market (TAM)
The global renewable energy market is expected to reach trillions of dollars by 2030. ALLETE is positioned to capture a portion of this TAM through its clean energy development and acquisitions.
Upturn SWOT Analysis
Strengths
- Diversified revenue streams
- Growing clean energy portfolio
- Strong regulatory relationships
- Experienced management team
- Geographic focus on regions with renewable resources
Weaknesses
- Reliance on regulatory approvals
- Exposure to commodity price fluctuations
- Capital intensive business
- Geographic concentration
- Limited scale compared to larger competitors
Opportunities
- Expanding renewable energy development
- Acquiring complementary businesses
- Benefiting from government incentives
- Investing in grid modernization
- Capturing increasing demand for clean energy
Threats
- Changes in regulatory policies
- Increased competition in the clean energy sector
- Fluctuations in interest rates
- Economic downturns
- Cybersecurity risks
Competitors and Market Share
Key Competitors
- NEE
- XOM
- DUK
Competitive Landscape
ALLETE faces competition from larger utilities and independent power producers. Its competitive advantages include its diversified revenue streams, growing clean energy portfolio, and strong regulatory relationships.
Major Acquisitions
New Energy Equity
- Year: 2019
- Acquisition Price (USD millions): 165.5
- Strategic Rationale: Expanded ALLETE's reach in the community solar project development space. Further diversify and improve business in clean energy segment.
Growth Trajectory and Initiatives
Historical Growth: ALLETE's historical growth has been driven by regulated utility investments and the expansion of its clean energy portfolio.
Future Projections: Future growth is expected to be driven by continued investments in renewable energy and grid modernization.
Recent Initiatives: Recent initiatives include investments in wind and solar energy projects, as well as grid upgrades.
Summary
ALLETE is a diversified energy company positioned for growth in the clean energy sector. Its regulated utility provides a stable foundation, while its renewable energy investments offer potential upside. The company should be prepared for regulatory and commodity price risks. Diversifying to increase market share in the renewable space will be key.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company SEC Filings (10-K, 10-Q)
- Company Investor Relations Website
- Industry Reports
- Financial News Articles
Disclaimers:
This analysis is based on publicly available information and is not financial advice. Investment decisions should be made based on individual circumstances and after consulting with a qualified financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Allete Inc
Exchange NYSE | Headquaters Duluth, MN, United States | ||
IPO Launch date 1973-05-03 | Chair, CEO & President Ms. Bethany M. Owen | ||
Sector Utilities | Industry Utilities - Diversified | Full time employees 1610 | Website https://www.allete.com |
Full time employees 1610 | Website https://www.allete.com | ||
ALLETE, Inc. operates as an energy company. The company operates in two segments, Regulated Operations and ALLETE Clean Energy. It generates electricity from coal-fired, biomass co-fired/natural gas, hydro, wind, and solar. The company also provides regulated utility electric services in northeastern Minnesota to approximately 150,000 retail customers and 14 non-affiliated municipal customers in Minnesota; and regulated utility electric, natural gas, and water services in northwestern Wisconsin to approximately 15,000 electric customers, 13,000 natural gas customers, and 10,000 water customers. In addition, it owns and maintains electric transmission assets in Wisconsin, Michigan, Minnesota, and Illinois. Further, the company focuses on acquiring, developing, and operating clean and renewable energy projects; and owns, develops, and operates approximately 1,600 megawatts of wind energy generation facility, as well as involved in the coal mining operations in North Dakota and real estate investment activities in Florida. It owns and operates 154 substations with a total capacity of 10,647 megavolt-amperes. The company serves taconite mining, paper, pulp and secondary wood products, pipeline, and other industries. The company was formerly known as Minnesota Power, Inc. and changed its name to ALLETE, Inc. in May 2001. ALLETE, Inc. was incorporated in 1906 and is headquartered in Duluth, Minnesota.
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