Allete (ALE) Competitors

Evergy (NASDAQ:EVRG) and Allete (NYSE:ALE) are both utilities companies, but which is the superior business? We will contrast the two businesses based on the strength of their dividends, media sentiment, institutional ownership, risk, earnings, profitability, analyst recommendations and valuation.

Does the media refer more to EVRG or ALE?

In the previous week, Evergy had 23 more articles in the media than Allete. MarketBeat recorded 26 mentions for Evergy and 3 mentions for Allete. Allete's average media sentiment score of 1.11 beat Evergy's score of 0.70 indicating that Allete is being referred to more favorably in the news media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
Evergy	12 Very Positive mention(s)	0 Positive mention(s)	11 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive
Allete	2 Very Positive mention(s)	0 Positive mention(s)	1 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive

Is EVRG or ALE a better dividend stock?

Evergy pays an annual dividend of $2.67 per share and has a dividend yield of 3.8%. Allete pays an annual dividend of $2.92 per share and has a dividend yield of 4.5%. Evergy pays out 70.3% of its earnings in the form of a dividend. Allete pays out 91.5% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Evergy has increased its dividend for 20 consecutive years and Allete has increased its dividend for 15 consecutive years.

Is EVRG or ALE more profitable?

Evergy has a net margin of 14.87% compared to Allete's net margin of 12.10%. Evergy's return on equity of 8.84% beat Allete's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Evergy	14.87%	8.84%	2.73%
Allete	12.10%	6.05%	3.04%

Which has better valuation & earnings, EVRG or ALE?

Evergy has higher revenue and earnings than Allete. Evergy is trading at a lower price-to-earnings ratio than Allete, indicating that it is currently the more affordable of the two stocks.

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Evergy	$5.85B	2.76	$873.50M	$3.80	18.46
Allete	$1.53B	2.47	$179.30M	$3.19	20.41

Do analysts recommend EVRG or ALE?

Evergy presently has a consensus price target of $73.19, indicating a potential upside of 4.33%. Given Evergy's higher possible upside, research analysts plainly believe Evergy is more favorable than Allete.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Evergy	0 Sell rating(s)	0 Hold rating(s)	8 Buy rating(s)	1 Strong Buy rating(s)	3.11
Allete	0 Sell rating(s)	0 Hold rating(s)	0 Buy rating(s)	1 Strong Buy rating(s)	4.00

Which has more volatility & risk, EVRG or ALE?

Evergy has a beta of 0.5, indicating that its stock price is 50% less volatile than the S&P 500. Comparatively, Allete has a beta of 0.79, indicating that its stock price is 21% less volatile than the S&P 500.

Do insiders and institutionals hold more shares of EVRG or ALE?

87.2% of Evergy shares are owned by institutional investors. Comparatively, 76.6% of Allete shares are owned by institutional investors. 1.4% of Evergy shares are owned by company insiders. Comparatively, 0.3% of Allete shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Summary

Evergy beats Allete on 13 of the 19 factors compared between the two stocks.