What are analysts' ale share price targets?

Their ALE share price targets range from $41.00 to $74.00. On average, they expect the company's stock price to reach $59.50 in the next twelve months. This suggests a possible upside of 6.3% from the stock's current price. View analysts price targets for ALE or view top-rated stocks among Wall Street analysts.

How much is Allete stock worth?

Key Insights ALLETE's estimated fair value is US$55.94 based on Dividend Discount Model Current share price of US$55.10... In this article, we discuss top 30 dividend achievers according to dividend yield.

What is the dividend payout ratio for ale?

The dividend payout ratio is 62.88%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ALE will have a dividend payout ratio of 67.25% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for ALE.

Is ale trading at a 12% discount?

ALE is trading at a 12% discount. Is it the right time to buy, sell, or hold? Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if ALE is a good fit for your portfolio.