• S&P 500: 1,341.08
  • Change: -0.80%
$41.88 0.00 (0%)
2/9/2012 4:00 PM

ALLETE, Inc. (NYSE:ALE)

CAPS Rating: 4 out of 5

The Company provides fundamental products and services which includes its two core businesses, Energy and Real Estate, as well as former operations in the water, paper, telecommunication and automotive industries.

Current Price $41.88 Mkt Cap $1.53B
Open $0.00 P/E Ratio 15.10
Prev. Close $41.88 Div. (Yield) 1.84 (5.60%)
Daily Range $41.52 - $41.98 Volume 0
52-Wk Range $35.14 - $42.54 Avg. Daily Vol. 0

News & Discussion Boards

Caps

How do you think ALE will perform against the market?

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All Players

80 Outperform
17 Underperform
 

All-Star Players

28 Outperform
1 Underperform
 

Wall Street

5 Outperform
1 Underperform
 

Top ALE Bull/Bear Pitches

The best Bull and Bear pitches based on recency and number of recommendations.

jhsierra3 (84.27)
Submitted December 29, 2006

Allete has spun off their non-core business. With Real estate in Florida and the Electricity in the North, Allete is set for the forseeable future.

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Top Bear Pitch

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ALE VS S&P 500 (SPY)

Recent Community Commentary

Read the most recent pitches from players about ALE.

Recs

0
Member Avatar gartersnk (36.81) Submitted: 1/22/2011 8:35:17 PM : Outperform Start Price: $28.35 ALE Score: +22.18

Allete through MN Power provides power to the mining and steel industry of northern MN. Also well situated to capitalize on increased wind farms in the Dakotas and Canada. Also has significant hydroelectic resources. ALE is also increasingly investing in transmission capacity - a major limitation to wind power. Solid dividend.

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Recs

0
Member Avatar circa1973 (< 20) Submitted: 11/13/2010 9:13:08 AM : Outperform Start Price: $33.84 ALE Score: +12.50

Excellent, reliable dividend payer. Great future potential for solid earnings given the upswing in mining and steel production that is coming in the next 10 years, as well a spec players like Polymet possibly opening mines. ALE provides the power for these mines. In addition Northern Minnesota is a gateway for wind power from Canada and the Dakotas, plus I believe the 25 year population growth trend for this area is strong as well.

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Recs

0
Member Avatar BTM2SEA (80.49) Submitted: 4/7/2009 10:03:12 AM : Outperform Start Price: $22.10 ALE Score: +23.88

This is a solid, well-run company that will outperform the market over the next five years. Currently sporting a dividend yield of 6.9% and a P/E of 9.1, I think the uncertainty in the Florida real estate segment overshadows other core operations. I also like it when insiders like Emery Sidney add to their holdings.

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View All 9 Pitches »

Leaderboard

Find the members with the highest scoring picks in ALE.

Score Leader

GrassCapes

GrassCapes (99.07) Score: +34.92

The Score Leader is the player with the highest score across all their picks in ALE.

Top
Pick 		Member Name Member
Rating 		Start
Date 		Call Time
Frame 		Start
Price 		Stock
Gain 		Index
Gain 		Score Commentary
GrassCapes 99.07 1/16/2008 Outperform NS $30.64 +36.70% +1.79% +34.92 0 Comment
w9mia 64.59 1/29/2008 Outperform NS $30.56 +37.03% +2.73% +34.30 0 Comment
codergrrl 31.05 1/7/2008 Outperform 3Y $32.01 +30.81% -1.26% +32.08 1 Comment
Sace1683 95.71 6/2/2009 Outperform 5Y $24.11 +73.73% +42.76% +30.97 0 Comment
Joyciet 82.16 3/24/2008 Outperform 3M $31.31 +33.75% +2.93% +30.82 0 Comment
coop2454 98.19 12/26/2007 Outperform NS $33.65 +24.47% -5.94% +30.41 0 Comment
brookjen < 20 3/24/2008 Outperform NS $31.57 +32.66% +2.56% +30.10 0 Comment
richd53 59.58 3/24/2008 Outperform 1Y $31.60 +32.54% +2.78% +29.76 0 Comment
kidb 52.96 11/12/2007 Outperform 5Y $33.27 +25.88% -3.20% +29.08 0 Comment
buzz02 95.05 1/22/2010 3/3/2011 Outperform 5Y $28.18 +48.63% +20.65% +27.99 0 Comment
View Complete Scorecard »

Wall Street

See what the Wall Street professionals think, according to their public statements and filings.

Player Name Player
Rating		 Start
Date		 Call Time
Frame		 Start
Price		 Stock
Gain		 S&P
Gain		 Score End Date Commentary
TrackRWBaird 90.50 7/13/2011 Outperform NS $40.73 +2.83% +1.57% +1.27 0 Comment
TrackZacks 71.11 7/26/2010 Outperform 3M $34.28 +22.19% +20.26% +1.93 1 Comment
TrackJimCramer 78.10 10/7/2009 Underperform 3W $29.34 +42.72% +26.81% -15.92 0 Comment
TrackDreman 90.15 9/30/2007 Outperform NS $36.38 +15.13% -7.88% +23.01 2 Comments
TrackJohnKeeley 77.96 9/30/2007 Outperform NS $36.38 +15.13% -7.88% +23.01 1 Comment
TrackFerrisBaker 91.01 9/28/2007 Outperform NS $36.99 +13.24% -8.15% +21.39 0 Comment

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