ALLETE (ALE) Competitors $64.50 -0.10 (-0.15%) (As of 12/20/2024 04:32 PM ET) Add Compare Share Share Competitors Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends ALE vs. PNW, OGE, IDA, POR, MGEE, OTTR, HE, UTL, ARRY, and NEEShould you be buying ALLETE stock or one of its competitors? The main competitors of ALLETE include Pinnacle West Capital (PNW), OGE Energy (OGE), IDACORP (IDA), Portland General Electric (POR), MGE Energy (MGEE), Otter Tail (OTTR), Hawaiian Electric Industries (HE), Unitil (UTL), Array Technologies (ARRY), and NextEra Energy (NEE). These companies are all part of the "electric utilities" industry. ALLETE vs. Pinnacle West Capital OGE Energy IDACORP Portland General Electric MGE Energy Otter Tail Hawaiian Electric Industries Unitil Array Technologies NextEra Energy ALLETE (NYSE:ALE) and Pinnacle West Capital (NYSE:PNW) are both mid-cap utilities companies, but which is the superior investment? We will compare the two businesses based on the strength of their institutional ownership, dividends, risk, valuation, analyst recommendations, profitability, media sentiment, community ranking and earnings. Does the media refer more to ALE or PNW? In the previous week, ALLETE had 2 more articles in the media than Pinnacle West Capital. MarketBeat recorded 9 mentions for ALLETE and 7 mentions for Pinnacle West Capital. ALLETE's average media sentiment score of 1.24 beat Pinnacle West Capital's score of 0.91 indicating that ALLETE is being referred to more favorably in the media. Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment ALLETE 6 Very Positive mention(s) 1 Positive mention(s) 2 Neutral mention(s) 0 Negative mention(s) 0 Very Negative mention(s) Positive Pinnacle West Capital 5 Very Positive mention(s) 0 Positive mention(s) 2 Neutral mention(s) 0 Negative mention(s) 0 Very Negative mention(s) Positive Do institutionals and insiders have more ownership in ALE or PNW? 76.6% of ALLETE shares are owned by institutional investors. Comparatively, 91.5% of Pinnacle West Capital shares are owned by institutional investors. 0.2% of ALLETE shares are owned by company insiders. Comparatively, 0.2% of Pinnacle West Capital shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth. Which has more risk & volatility, ALE or PNW? ALLETE has a beta of 0.81, suggesting that its share price is 19% less volatile than the S&P 500. Comparatively, Pinnacle West Capital has a beta of 0.54, suggesting that its share price is 46% less volatile than the S&P 500. Which has stronger valuation & earnings, ALE or PNW? Pinnacle West Capital has higher revenue and earnings than ALLETE. Pinnacle West Capital is trading at a lower price-to-earnings ratio than ALLETE, indicating that it is currently the more affordable of the two stocks. CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings RatioALLETE$1.88B1.98$247.10M$3.1220.67Pinnacle West Capital$5.02B1.92$501.56M$5.2816.09 Does the MarketBeat Community believe in ALE or PNW? Pinnacle West Capital received 102 more outperform votes than ALLETE when rated by MarketBeat users. However, 49.83% of users gave ALLETE an outperform vote while only 41.69% of users gave Pinnacle West Capital an outperform vote. CompanyUnderperformOutperformALLETEOutperform Votes28749.83% Underperform Votes28950.17% Pinnacle West CapitalOutperform Votes38941.69% Underperform Votes54458.31% Is ALE or PNW a better dividend stock? ALLETE pays an annual dividend of $2.82 per share and has a dividend yield of 4.4%. Pinnacle West Capital pays an annual dividend of $3.58 per share and has a dividend yield of 4.2%. ALLETE pays out 90.4% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Pinnacle West Capital pays out 67.8% of its earnings in the form of a dividend. ALLETE has increased its dividend for 14 consecutive years. ALLETE is clearly the better dividend stock, given its higher yield and longer track record of dividend growth. Do analysts recommend ALE or PNW? ALLETE currently has a consensus price target of $62.00, indicating a potential downside of 3.88%. Pinnacle West Capital has a consensus price target of $84.65, indicating a potential downside of 0.36%. Given Pinnacle West Capital's higher possible upside, analysts plainly believe Pinnacle West Capital is more favorable than ALLETE.Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score ALLETE 0 Sell rating(s) 3 Hold rating(s) 0 Buy rating(s) 1 Strong Buy rating(s) 2.50Pinnacle West Capital 0 Sell rating(s) 7 Hold rating(s) 6 Buy rating(s) 0 Strong Buy rating(s) 2.46 Is ALE or PNW more profitable? Pinnacle West Capital has a net margin of 12.26% compared to ALLETE's net margin of 11.49%. Pinnacle West Capital's return on equity of 9.60% beat ALLETE's return on equity.Company Net Margins Return on Equity Return on Assets ALLETE11.49% 5.99% 3.06% Pinnacle West Capital 12.26%9.60%2.43% SummaryALLETE beats Pinnacle West Capital on 12 of the 22 factors compared between the two stocks. Ad Crypto Swap ProfitsURGENT: This Altcoin Opportunity Won’t Wait – Act NowCrypto has officially entered the "banana zone" – that wild phase where prices can 1000x in days. It happens like clockwork every 4 years, during the December to February window of a Bitcoin halving year. This is where fortunes are made – often LITERALLY overnight.>> Register for the Workshop Now Get ALLETE News Delivered to You Automatically Sign up to receive the latest news and ratings for ALE and its competitors with MarketBeat's FREE daily newsletter. Email Address New MarketBeat Followers Over TimeWhat are MarkeBeat Followers?This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period. Skip ChartMedia Sentiment Over TimeWhat is Media Sentiment?This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.Skip Chart ALE vs. The Competition Export to ExcelMetricALLETEElectric & other services combined IndustryUtilities SectorNYSE ExchangeMarket Cap$3.74B$19.88B$13.35B$19.19BDividend Yield4.36%3.44%4.07%3.58%P/E Ratio20.6719.6294.9541.22Price / Sales1.982.1529.7517.58Price / Cash7.428.4518.3521.28Price / Book1.091.762.225.32Net Income$247.10M$896.09M$626.51M$989.67M7 Day Performance-0.22%-1.11%-1.90%-3.45%1 Month Performance0.03%-5.14%-2.54%-3.73%1 Year Performance5.41%2.56%1.49%12.06% ALLETE Competitors List Export to ExcelCompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)ALEALLETE3.7338 of 5 stars$64.50-0.2%$62.00-3.9%+6.5%$3.74B$1.88B20.671,560Analyst ForecastNews CoveragePositive NewsHigh Trading VolumePNWPinnacle West Capital3.8238 of 5 stars$86.90-0.7%$84.65-2.6%+20.1%$9.88B$5.02B16.586,133OGEOGE Energy3.7474 of 5 stars$42.17+0.3%$40.50-4.0%+17.8%$8.47B$2.67B21.922,329Positive NewsIDAIDACORP4.4865 of 5 stars$113.97+0.8%$111.00-2.6%+12.5%$6.07B$1.84B20.982,112Positive NewsPORPortland General Electric3.7449 of 5 stars$44.59+0.2%$49.13+10.2%+2.2%$4.70B$2.92B13.282,842MGEEMGE Energy3.2846 of 5 stars$96.43-1.4%$74.00-23.3%+33.6%$3.49B$670.18M29.89700News CoveragePositive NewsOTTROtter Tail2.0342 of 5 stars$75.73-0.2%N/A-10.3%$3.17B$1.35B10.482,655HEHawaiian Electric Industries1.985 of 5 stars$10.14-0.6%$11.00+8.5%-28.5%$1.75B$3.69B-0.863,706Analyst UpgradeUTLUnitil3.4477 of 5 stars$56.98+0.3%N/A+4.8%$922.51M$557.10M19.40536News CoveragePositive NewsARRYArray Technologies4.1451 of 5 stars$5.26-4.9%$11.57+120.0%-66.2%$799.22M$982.19M-5.701,028Analyst ForecastNEENextEra Energy4.939 of 5 stars$73.43-0.3%$87.15+18.7%+19.8%$151.00B$26.25B21.7816,800Positive News Related Companies and Tools Related Companies PNW Alternatives OGE Alternatives IDA Alternatives POR Alternatives MGEE Alternatives OTTR Alternatives HE Alternatives UTL Alternatives ARRY Alternatives NEE Alternatives Top 10 Stock Comparisons Bank Stocks Artificial Intelligence Stocks Toy Stocks Growth Stocks Airline Stocks Chinese Stocks EV Charging Stocks Defense Stocks Lithium Stocks Pharmaceutical Stocks This page (NYSE:ALE) was last updated on 12/21/2024 by MarketBeat.com Staff From Our PartnersAmazon coin set to soar 25X – starting December 16th?This tiny 3-cent crypto just partnered with one of the biggest companies in the world… Amazon. And one team...True Market Insiders | SponsoredDid You See Trump’s Bombshell Exec. Order 001?Biden broke it... Now Trump is going to fix it. Starting with "Exec. Order 001."Banyan Hill Publishing | Sponsored$2 Trillion Disappears Because of Fed's Secretive New Move$2 trillion has disappeared from the US government's books. The reason why is a new, secretive move being c...Stansberry Research | SponsoredThe #1 Crypto for AIWe’ve issued an urgent landmark trade alert for a new crypto wonder. So, I decided to give you this heads-u...Weiss Ratings | Sponsored24/7 Automated Profits in CryptoWhat if you could make consistent daily profits in crypto with minimal effort? Beyond trading lies a vast w...Crypto Swap Profits | SponsoredElon Musk’s chilling warning for humanityThe 'invasion' I've discovered has nothing to do with the border crisis. What's happening at our southern bord...The Freeport Society | SponsoredTrump’s Sending THIS Crypto Higher on PurposeDiscover the coin set to explode before 2025! Trump could trigger THIS crypto coin… Crypto 101 Media | SponsoredVladimir Lenin was right…The Magnificent 7 could be in for a world of pain… And the insiders know it. It’s why Jeff Bezos just sold ...Porter & Company | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding ALLETE, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Share ALLETE With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Free ALE Stock Alerts