ALLETE (ALE) Competitors $64.36 -0.18 (-0.28%) (As of 11/20/2024 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 Pinnacle West Capital (NYSE:PNW) and ALLETE (NYSE:ALE) are both utilities companies, but which is the superior business? We will compare the two businesses based on the strength of their profitability, valuation, risk, institutional ownership, media sentiment, earnings, community ranking, analyst recommendations and dividends. Is PNW or ALE 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 Pinnacle West Capital12.26% 9.60% 2.43% ALLETE 11.49%5.99%3.06% Which has more risk and volatility, PNW or ALE? Pinnacle West Capital has a beta of 0.52, suggesting that its share price is 48% less volatile than the S&P 500. Comparatively, ALLETE has a beta of 0.8, suggesting that its share price is 20% less volatile than the S&P 500. Do insiders and institutionals hold more shares of PNW or ALE? 91.5% of Pinnacle West Capital shares are owned by institutional investors. Comparatively, 76.6% of ALLETE shares are owned by institutional investors. 0.2% of Pinnacle West Capital shares are owned by insiders. Comparatively, 0.2% of ALLETE shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term. Does the MarketBeat Community believe in PNW or ALE? Pinnacle West Capital received 101 more outperform votes than ALLETE when rated by MarketBeat users. However, 50.17% of users gave ALLETE an outperform vote while only 41.72% of users gave Pinnacle West Capital an outperform vote. CompanyUnderperformOutperformPinnacle West CapitalOutperform Votes38841.72% Underperform Votes54258.28% ALLETEOutperform Votes28750.17% Underperform Votes28549.83% Which has higher earnings and valuation, PNW or ALE? 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 RatioPinnacle West Capital$5.02B2.08$501.56M$5.2817.38ALLETE$1.57B2.37$247.10M$3.1220.63 Does the media favor PNW or ALE? In the previous week, Pinnacle West Capital had 5 more articles in the media than ALLETE. MarketBeat recorded 14 mentions for Pinnacle West Capital and 9 mentions for ALLETE. ALLETE's average media sentiment score of 1.28 beat Pinnacle West Capital's score of 0.54 indicating that ALLETE is being referred to more favorably in the news media. Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment Pinnacle West Capital 6 Very Positive mention(s) 1 Positive mention(s) 3 Neutral mention(s) 3 Negative mention(s) 0 Very Negative mention(s) Positive ALLETE 6 Very Positive mention(s) 2 Positive mention(s) 1 Neutral mention(s) 0 Negative mention(s) 0 Very Negative mention(s) Positive Do analysts rate PNW or ALE? Pinnacle West Capital presently has a consensus target price of $82.04, indicating a potential downside of 10.62%. ALLETE has a consensus target price of $62.00, indicating a potential downside of 3.67%. Given ALLETE's stronger consensus rating and higher possible upside, analysts plainly believe ALLETE is more favorable than Pinnacle West Capital.Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Pinnacle West Capital 0 Sell rating(s) 7 Hold rating(s) 5 Buy rating(s) 0 Strong Buy rating(s) 2.42ALLETE 0 Sell rating(s) 3 Hold rating(s) 0 Buy rating(s) 1 Strong Buy rating(s) 2.50 Is PNW or ALE a better dividend stock? Pinnacle West Capital pays an annual dividend of $3.58 per share and has a dividend yield of 3.9%. ALLETE pays an annual dividend of $2.82 per share and has a dividend yield of 4.4%. Pinnacle West Capital pays out 67.8% of its earnings in the form of a dividend. 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 has increased its dividend for 13 consecutive years and 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. SummaryALLETE beats Pinnacle West Capital on 12 of the 22 factors compared between the two stocks. Ad Crypto 101 MediaBlackrock’s Sending THIS Crypto Higher on PurposeIt's a groundbreaking opportunity that could be poised for extraordinary gains. The catalyst behind this surge is a massive new blockchain development…YES, I WANT THE #1 CRYPTO 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$3.72B$20.91B$12.21B$19.89BDividend Yield4.38%3.45%4.04%3.54%P/E Ratio20.6320.25101.0742.58Price / Sales2.372.2831.5418.13Price / Cash7.398.6918.3217.85Price / Book1.091.832.335.59Net Income$247.10M$896.09M$610.50M$985.39M7 Day Performance-0.56%1.51%0.31%-0.19%1 Month Performance-0.03%-4.90%-0.06%0.14%1 Year Performance15.53%7.21%9.02%23.70% ALLETE Competitors List Export to ExcelCompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)ALEALLETE4.0944 of 5 stars$64.36-0.3%$62.00-3.7%+15.5%$3.73B$1.88B20.631,560Positive NewsPNWPinnacle West Capital3.6517 of 5 stars$91.79+0.9%$82.04-10.6%+28.0%$10.44B$5.02B17.386,133Analyst DowngradeOGEOGE Energy4.116 of 5 stars$43.11-0.1%$39.40-8.6%+24.3%$8.67B$2.67B22.342,329Positive NewsIDAIDACORP4.7833 of 5 stars$117.96+0.2%$108.83-7.7%+21.7%$6.27B$1.77B21.892,112PORPortland General Electric3.7693 of 5 stars$46.88-0.1%$48.86+4.2%+14.8%$4.95B$2.92B13.992,842Positive NewsMGEEMGE Energy3.2758 of 5 stars$103.89-0.6%$74.00-28.8%+41.4%$3.78B$690.43M31.77700News CoveragePositive NewsOTTROtter Tail3.0302 of 5 stars$79.65-0.4%N/A+3.3%$3.35B$1.35B11.002,655Positive NewsHEHawaiian Electric Industries1.3603 of 5 stars$10.48-0.9%$10.75+2.6%-22.3%$1.82B$3.68B0.003,706Analyst ForecastUTLUnitil2.7663 of 5 stars$59.27+0.9%N/A+20.2%$951.12M$557.10M20.23536ARRYArray Technologies4.1791 of 5 stars$6.37+4.4%$11.57+81.7%-59.7%$926.85M$982.19M-6.571,028NEENextEra Energy4.9047 of 5 stars$76.87-0.3%$86.54+12.6%+34.0%$158.51B$28.11B22.7416,800Positive 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 11/21/2024 by MarketBeat.com Staff From Our PartnersThe Crypto That’s Making Wall Street SweatThe Crypto Wall Street Is Desperate to Hide It's happening now, right under everyone's radar. 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