ALLETE Stock Forecast for 2023 - 2025 - 2030
Updated on 04/26/2024
ALLETE Stock Forecast and Price Target
The average target price for ALLETE's stock set by three renowned analysts in recent months is $59.00, representing a potential downside of approximately -0.96% from its last closing price if met by 2025. This estimation is based on a high estimate of $80.00 and a low estimate of $56.00. If you're looking for ALLETE (ALE) stock information, you might also want to check out The AES (NYSE:AES).
-0.96% Downside
ALLETE Fair Value Forecast for 2023 - 2025 - 2030
In the last four years, ALLETE's Price has fallen from $69.18 to $0.00 – a 100.00% decrease. In the next year, analysts believe that Fair Value will reach $80.02 – an increase of 100.00%. For the next ten years, the forecast is for Fair Value to grow by 100.00%.
| Ticker | Name | Consensus | Stock Rating | Price | Buy/Sell | Price Target | Upside/Downside |
|---|---|---|---|---|---|---|---|
| NEE Stock Forecast | NextEra Energy Inc | Outperform |
9
|
$66.90 | Buy/Sell | $70.61 | 7.26% |
| SO Stock Forecast | Southern Company | Outperform |
10
|
$74.37 | Buy/Sell | $74.90 | 0.85% |
| DUK Stock Forecast | Duke Energy Corp | Outperform |
10
|
$99.03 | Buy/Sell | $105.00 | 3.44% |
| AEP Stock Forecast | American Electric Power Co Inc | Hold |
9
|
$86.86 | Buy/Sell | $87.32 | -0.99% |
| SRE Stock Forecast | Sempra | Outperform |
7
|
$71.98 | Buy/Sell | $82.41 | 14.62% |
ALLETE Revenue Forecast for 2023 - 2025 - 2030
ALLETE's Revenue has seen impressive growth In the last three years, rising from $1.17B to $1.88B – a growth of 60.79%. According to 5 analysts, ALLETE's Revenue will fall by 11.93% in the next year, reaching $1.66B. Professionals believe that By 2030, ALLETE's Revenue will fall to $1.80B – a 4.22% decrease from its current value.
| Ticker | Name | Consensus | Stock Rating | Price | Buy/Sell | Price Target | Upside/Downside |
|---|---|---|---|---|---|---|---|
| D Stock Forecast | Dominion Energy Inc | Hold |
10
|
$50.97 | Buy/Sell | $48.86 | -1.90% |
| EXC Stock Forecast | Exelon | Hold |
9
|
$37.66 | Buy/Sell | $38.37 | 3.56% |
| TRP Stock Forecast | TC Energy | Hold |
10
|
C$49.33 | Buy/Sell | C$68.70 | 12.51% |
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ALLETE Dividend per Share Forecast for 2023 - 2025 - 2030
In the last two years, ALLETE's Dividend per Share has grown by 5.26%, rising from $2.47 to $2.60. For the next year, analysts predict that Dividend per Share will reach $2.82 – an increase of 8.46%. Over the next nine years, experts believe that ALLETE's Dividend per Share will grow at a rate of 27.01%.
| Ticker | Name | Consensus | Stock Rating | Price | Buy/Sell | Price Target | Upside/Downside |
|---|---|---|---|---|---|---|---|
| PCG Stock Forecast | PG&E | Outperform |
10
|
$17.07 | Buy/Sell | $18.83 | 17.16% |
| PEG Stock Forecast | Public Service Enterprise Grou... | Outperform |
17
|
$68.09 | Buy/Sell | $65.36 | -0.13% |
| ED Stock Forecast | Consolidated Edison | Hold |
15
|
$94.11 | Buy/Sell | $91.03 | -3.30% |
| Ticker | Name | Consensus | Stock Rating | Price | Buy/Sell | Price Target | Upside/Downside |
|---|---|---|---|---|---|---|---|
| XEL Stock Forecast | Xcel Energy Inc | Outperform |
17
|
$55.01 | Buy/Sell | $65.79 | 15.43% |
| EIX Stock Forecast | Edison International | Outperform |
16
|
$71.13 | Buy/Sell | $74.13 | 8.15% |
| WEC Stock Forecast | WEC Energy Group | Hold |
10
|
$82.81 | Buy/Sell | $88.07 | 6.87% |
ALLETE EBITDA Forecast for 2023 - 2025 - 2030
In the last three years, ALLETE's EBITDA has seen an increase, rising from $376.30M to $434.50M. This represents a growth of 15.47%. Analysts predict that ALLETE's EBITDA will increase in the upcoming year, reaching $510.89M. This would represent an increase of 17.58%. Over the next seven years, experts predict that ALLETE's EBITDA will grow at a rate of 68.90%.
| Ticker | Name | Consensus | Stock Rating | Price | Buy/Sell | Price Target | Upside/Downside |
|---|---|---|---|---|---|---|---|
| DTE Stock Forecast | DTE Energy Co | Outperform |
15
|
$111.14 | Buy/Sell | $117.71 | 7.07% |
| ETR Stock Forecast | Entergy | Outperform |
14
|
$107.53 | Buy/Sell | $110.55 | 7.88% |
| FE Stock Forecast | FirstEnergy | Outperform |
16
|
$38.57 | Buy/Sell | $40.71 | 6.30% |
ALLETE EBIT Forecast for 2023 - 2025 - 2030
ALLETE's EBIT has seen growth In the last three years, going from $159.50M to $180.90M – a gain of 13.42% In the next year, analysts believe that EBIT will reach $248.58M – an increase of 37.41%. For the next seven years, the forecast is forEBIT to grow by 106.17%.
| Ticker | Name | Consensus | Stock Rating | Price | Buy/Sell | Price Target | Upside/Downside |
|---|---|---|---|---|---|---|---|
| ES Stock Forecast | Eversource Energy | Outperform |
14
|
$60.52 | Buy/Sell | $65.29 | 7.40% |
| PPL Stock Forecast | PPL Corp | Outperform |
16
|
$27.30 | Buy/Sell | $28.85 | 9.89% |
| AEE Stock Forecast | Ameren | Hold |
15
|
$74.76 | Buy/Sell | $76.67 | 4.33% |
ALLETE EPS Price Prediction Forecast for 2023 - 2025 - 2030
In the last four years, ALLETE's EPS has fallen from $3.51 to $0.00 – a 100.00% decrease. In the next year, analysts believe that EPS will reach $4.06 – an increase of 100.00%. For the next ten years, the forecast is for EPS to grow by 100.00%.
| Ticker | Name | Consensus | Stock Rating | Price | Buy/Sell | Price Target | Upside/Downside |
|---|---|---|---|---|---|---|---|
| FSLR Stock Forecast | First Solar | Outperform |
11
|
$175.02 | Buy/Sell | $232.38 | 29.70% |
| CNP Stock Forecast | CenterPoint Energy | Outperform |
14
|
$29.34 | Buy/Sell | $30.61 | 5.66% |
| CMS Stock Forecast | CMS Energy | Outperform |
14
|
$60.48 | Buy/Sell | $63.11 | 5.82% |
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