ALLETE (ALE) Competitors $65.00 -0.07 (-0.11%) Closing price 04/15/2025 03:59 PM EasternExtended Trading$65.68 +0.68 (+1.05%) As of 08:02 AM Eastern Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more. Add Compare Share Share Competitors Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsBuy This Stock 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 utilities companies, but which is the better investment? We will compare the two businesses based on the strength of their dividends, valuation, institutional ownership, earnings, analyst recommendations, community ranking, risk, media sentiment and profitability. Does the media prefer ALE or PNW? In the previous week, Pinnacle West Capital had 1 more articles in the media than ALLETE. MarketBeat recorded 12 mentions for Pinnacle West Capital and 11 mentions for ALLETE. Pinnacle West Capital's average media sentiment score of 1.54 beat ALLETE's score of 1.49 indicating that Pinnacle West Capital is being referred to more favorably in the news media. Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment ALLETE 8 Very Positive mention(s) 2 Positive mention(s) 1 Neutral mention(s) 0 Negative mention(s) 0 Very Negative mention(s) Positive Pinnacle West Capital 11 Very Positive mention(s) 0 Positive mention(s) 1 Neutral mention(s) 0 Negative mention(s) 0 Very Negative mention(s) Very Positive Do analysts recommend ALE or PNW? ALLETE presently has a consensus target price of $67.00, suggesting a potential upside of 3.08%. Pinnacle West Capital has a consensus target price of $95.50, suggesting a potential upside of 1.49%. 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 ALLETE 0 Sell rating(s) 1 Hold rating(s) 0 Buy rating(s) 1 Strong Buy rating(s) 3.00Pinnacle West Capital 0 Sell rating(s) 5 Hold rating(s) 3 Buy rating(s) 1 Strong Buy rating(s) 2.56 Is ALE or PNW more profitable? Pinnacle West Capital has a net margin of 12.26% compared to ALLETE's net margin of 11.72%. 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 ALLETE11.72% 5.97% 3.03% Pinnacle West Capital 12.26%9.60%2.43% Do institutionals and insiders hold more shares of ALE or PNW? 76.6% of ALLETE shares are held by institutional investors. Comparatively, 91.5% of Pinnacle West Capital shares are held by institutional investors. 0.2% of ALLETE shares are held by company insiders. Comparatively, 0.2% of Pinnacle West Capital shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term. Is ALE or PNW a better dividend stock? ALLETE pays an annual dividend of $2.92 per share and has a dividend yield of 4.5%. Pinnacle West Capital pays an annual dividend of $3.58 per share and has a dividend yield of 3.8%. ALLETE pays out 94.2% 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 68.6% of its earnings in the form of a dividend. ALLETE has raised its dividend for 15 consecutive years. ALLETE is clearly the better dividend stock, given its higher yield and longer track record of dividend growth. Which has more risk & volatility, ALE or PNW? ALLETE has a beta of 0.69, meaning that its stock price is 31% less volatile than the S&P 500. Comparatively, Pinnacle West Capital has a beta of 0.42, meaning that its stock price is 58% 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$1.53B2.46$179.30M$3.1020.97Pinnacle West Capital$5.12B2.19$501.56M$5.2218.03 Does the MarketBeat Community believe in ALE or PNW? Pinnacle West Capital received 105 more outperform votes than ALLETE when rated by MarketBeat users. However, 49.57% of users gave ALLETE an outperform vote while only 41.70% of users gave Pinnacle West Capital an outperform vote. CompanyUnderperformOutperformALLETEOutperform Votes28749.57% Underperform Votes29250.43% Pinnacle West CapitalOutperform Votes39241.70% Underperform Votes54858.30% SummaryPinnacle West Capital beats ALLETE on 11 of the 20 factors compared between the two stocks. Remove Ads 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$3.77B$21.24B$15.45B$18.53BDividend Yield4.52%3.22%5.90%4.23%P/E Ratio20.9733.2215.2331.15Price / Sales2.468.5021.2325.69Price / Cash8.378.4018.4317.53Price / Book1.112.101.974.29Net Income$179.30M$965.53M$664.08M$1.02B7 Day Performance-0.12%0.59%2.48%-0.79%1 Month Performance-0.96%11.80%1.45%-6.88%1 Year Performance13.12%20.32%11.49%1.74% ALLETE Competitors List Export to ExcelCompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)ALEALLETE3.4607 of 5 stars$65.00-0.1%$67.00+3.1%+12.5%$3.77B$1.53B20.971,490News CoveragePositive NewsPNWPinnacle West Capital3.9624 of 5 stars$89.68-1.6%$95.50+6.5%+30.5%$10.68B$5.12B16.9880Positive NewsHigh Trading VolumeOGEOGE Energy3.1744 of 5 stars$42.22-2.3%$45.67+8.2%+36.1%$8.50B$2.99B19.192,240Positive NewsIDAIDACORP4.0201 of 5 stars$113.76-0.6%$120.50+5.9%+32.4%$6.15B$1.83B20.762,070Short Interest ↑News CoveragePositive NewsHigh Trading VolumePORPortland General Electric3.0385 of 5 stars$41.55-2.7%$47.00+13.1%+5.5%$4.55B$3.44B13.802,870News CoveragePositive NewsMGEEMGE Energy2.9404 of 5 stars$87.02-2.2%$80.00-8.1%+21.0%$3.18B$676.94M26.61700Positive NewsOTTROtter Tail2.0479 of 5 stars$75.27-2.0%N/A-3.9%$3.15B$1.33B10.502,420News CoveragePositive NewsHigh Trading VolumeHEHawaiian Electric Industries1.7229 of 5 stars$9.70-2.8%$12.00+23.8%-2.9%$1.67B$3.22B-0.823,760Positive NewsUTLUnitil2.5556 of 5 stars$55.05-3.4%$55.00-0.1%+18.5%$894.29M$494.80M18.79520Positive NewsARRYArray Technologies3.6559 of 5 stars$4.33-1.4%$9.52+119.9%-66.6%$657.91M$915.81M-4.461,028Analyst ForecastGap DownNEENextEra Energy4.9708 of 5 stars$65.03-2.8%$85.92+32.1%+7.7%$133.87B$24.75B19.3015,300Upcoming EarningsAnalyst ForecastShort Interest ↓Positive News Remove Ads 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 Semiconductor Stocks Artificial Intelligence Stocks Growth Stocks Magnificent Seven Stocks Pharmaceutical Stocks Ecommerce Stocks Bitcoin Stocks Meme Stocks Cryptocurrency Stocks Cybersecurity Stocks This page (NYSE:ALE) was last updated on 4/16/2025 by MarketBeat.com Staff From Our PartnersCrypto’s crashing…but we’re still profitingMost traders are panicking right now. Bitcoin’s dropping. Altcoins are bleeding. The stock market’s a mess....Crypto Swap Profits | SponsoredREVEALED FREE: Our top 3 stocks to own in 2025 and beyondEvery time Weiss Ratings flashed green like this, the average gain on each and every stock has been 303% (incl...Weiss Ratings | SponsoredTariffs. Volatility. Fear. Here’s the Plan.Wall Street's panicking over tariffs. Volatility's back with a vengeance. If you've been glued to the he...Investors Alley | SponsoredMusk’s AI Masterplan – Our #1 AI Stock to Buy NowDid Elon Musk just set the stage for the next AI stock explosion? One 30-year Wall Street veteran thinks so...Behind the Markets | SponsoredTwo Unmistakable Patterns Return…The signs suggest we're entering one of those rare periods now. That's why Central Banks are buying gold at...Golden Portfolio | SponsoredWarning: “DOGE Collapse” imminentElon Strikes Back You may already sense that the tide is turning against Elon Musk and DOGE. Just this week...Altimetry | SponsoredMusk's panic move: What the world's richest man fears is comingWhether you have modest savings of $10,000 or substantial wealth of $10 million, this information could determ...InvestorPlace | SponsoredNew “Trump” currency proposed in DCAccording to one of the most connected men in Washington… A surprising new bill was just introduced in Wash...Paradigm Press | 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.
