AE

ALLETE IncMUN ALLETE Stock Report

Last reporting period 30 Sep, 2024

Updated —

Last price

Market cap $B

3.688

Middle

Exchange

XMUN - Boerse Muenchen

AEBA.MU Stock Analysis

AE

Avoid

Based on Eyestock quantitative analysis, AEBA.MU`s fundamental data and valuation indicate an investment grade of Avoid at the current time.

Rating

To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.

45/100

Low score

Upside

To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.

-11.4 %

Overvalued

Market cap $B

3.688

Dividend yield

4.37 %

Shares outstanding

57.253 B

ALLETE, Inc. engages in the provision of electric and natural gas utility services. The company is headquartered in Duluth, Minnesota and currently employs 1,467 full-time employees. The Company’s segments include Regulated Operations and ALLETE Clean Energy. Regulated Operations includes regulated utilities, Minnesota Power, and SWL&P, as well as investment in ATC, a Wisconsin-based regulated utility that owns and maintains electric transmission assets in portions of Wisconsin, Michigan, Minnesota, and Illinois. Minnesota Power provides regulated utility electric service in northeastern Minnesota to approximately 150,000 retail customers. ALLETE Clean Energy segment is focused on developing, acquiring, and operating clean and renewable energy projects. The company also owns and operates, in seven states, more than 1,200 MW of nameplate capacity wind energy generation with a contract under power sales agreements (PSAs) of various durations. The company also engages in the development of wind energy facilities to operate under long-term PSAs.

View Section: Eyestock Rating