Allete (ALE) Competitors $67.36 -0.03 (-0.04%) Closing price 03:59 PM EasternExtended Trading$67.34 -0.02 (-0.02%) As of 04:20 PM 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. EVRG, LNT, ATO, BKH, IDA, OGE, POR, PNW, OTTR, and MGEEShould you be buying Allete stock or one of its competitors? The main competitors of Allete include Evergy (EVRG), Alliant Energy (LNT), Atmos Energy (ATO), Black Hills (BKH), IDACORP (IDA), OGE Energy (OGE), Portland General Electric (POR), Pinnacle West Capital (PNW), Otter Tail (OTTR), and MGE Energy (MGEE). These companies are all part of the "utilities" sector. Allete vs. Its Competitors Evergy Alliant Energy Atmos Energy Black Hills IDACORP OGE Energy Portland General Electric Pinnacle West Capital Otter Tail MGE Energy Allete (NYSE:ALE) and Evergy (NASDAQ:EVRG) are both utilities companies, but which is the better investment? We will contrast the two businesses based on the strength of their risk, analyst recommendations, profitability, dividends, valuation, institutional ownership, media sentiment and earnings. Is ALE or EVRG more profitable? Evergy has a net margin of 14.29% compared to Allete's net margin of 11.98%. Evergy's return on equity of 8.62% beat Allete's return on equity.Company Net Margins Return on Equity Return on Assets Allete11.98% 5.71% 2.83% Evergy 14.29%8.62%2.66% Do institutionals and insiders hold more shares of ALE or EVRG? 76.6% of Allete shares are held by institutional investors. Comparatively, 87.2% of Evergy shares are held by institutional investors. 0.3% of Allete shares are held by company insiders. Comparatively, 1.4% of Evergy shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term. Which has stronger earnings and valuation, ALE or EVRG? Evergy has higher revenue and earnings than Allete. Allete is trading at a lower price-to-earnings ratio than Evergy, indicating that it is currently the more affordable of the two stocks. CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings RatioAllete$1.53B2.55$179.30M$3.1721.25Evergy$5.88B3.08$873.50M$3.6421.63 Does the media favor ALE or EVRG? In the previous week, Evergy had 15 more articles in the media than Allete. MarketBeat recorded 20 mentions for Evergy and 5 mentions for Allete. Allete's average media sentiment score of 1.07 beat Evergy's score of 1.01 indicating that Allete is being referred to more favorably in the media. Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment Allete 3 Very Positive mention(s) 0 Positive mention(s) 1 Neutral mention(s) 0 Negative mention(s) 0 Very Negative mention(s) Positive Evergy 16 Very Positive mention(s) 1 Positive mention(s) 3 Neutral mention(s) 0 Negative mention(s) 0 Very Negative mention(s) Positive Do analysts rate ALE or EVRG? Evergy has a consensus price target of $78.07, suggesting a potential downside of 0.84%. Given Evergy's stronger consensus rating and higher possible upside, analysts plainly believe Evergy is more favorable than Allete.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) 0 Strong Buy rating(s) 2.00Evergy 0 Sell rating(s) 0 Hold rating(s) 8 Buy rating(s) 1 Strong Buy rating(s) 3.11 Is ALE or EVRG a better dividend stock? Allete pays an annual dividend of $2.92 per share and has a dividend yield of 4.3%. Evergy pays an annual dividend of $2.67 per share and has a dividend yield of 3.4%. Allete pays out 92.1% 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 pays out 73.4% of its earnings in the form of a dividend. Allete has raised its dividend for 15 consecutive years and Evergy has raised its dividend for 20 consecutive years. Which has more volatility and risk, ALE or EVRG? Allete has a beta of 0.83, meaning that its stock price is 17% less volatile than the S&P 500. Comparatively, Evergy has a beta of 0.57, meaning that its stock price is 43% less volatile than the S&P 500. SummaryEvergy beats Allete on 16 of the 20 factors compared between the two stocks. 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. Subscribe Now View SMS TermsBy entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy. New MarketBeat Followers Over TimeWhat are MarkeBeat Followers?This chart shows the number of new MarketBeat users adding ALE 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 ExcelMetricAlleteUTIL IndustryUtilities SectorNYSE ExchangeMarket Cap$3.91B$26.85B$17.77B$21.83BDividend Yield4.33%3.41%4.58%3.61%P/E Ratio21.2519.6719.2132.47Price / Sales2.554.1530.7785.68Price / Cash8.619.4719.3824.48Price / Book1.152.362.284.60Net Income$179.30M$1.43B$748.50M$1.02B7 Day Performance0.03%-0.52%-0.23%-0.71%1 Month Performance5.26%4.03%8.11%-0.62%1 Year Performance5.03%17.15%41.05%10.38% Allete Competitors List Export to ExcelCompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)ALEAllete3.1316 of 5 stars$67.360.0%N/A+4.7%$3.91B$1.53B20.171,616Positive NewsUpcoming EarningsEVRGEvergy2.8095 of 5 stars$77.49+0.0%$76.94-0.7%+27.6%$17.83B$5.85B21.294,731News CoveragePositive NewsLNTAlliant Energy3.9023 of 5 stars$67.66-0.1%$66.78-1.3%+11.2%$17.41B$3.98B20.162,998Positive NewsDividend AnnouncementATOAtmos Energy4.3087 of 5 stars$175.58-0.5%$164.70-6.2%+24.5%$28.33B$4.17B24.125,260Positive NewsAnalyst ForecastBKHBlack Hills3.7244 of 5 stars$60.06-0.6%$66.00+9.9%+6.6%$4.40B$2.13B15.132,841Positive NewsIDAIDACORP4.059 of 5 stars$134.03-0.3%$123.29-8.0%+30.8%$7.27B$1.83B23.602,141Positive NewsDividend IncreaseAnalyst ForecastOGEOGE Energy4.5012 of 5 stars$45.94+0.3%$47.00+2.3%+14.2%$9.22B$2.99B18.832,291News CoveragePositive NewsUpcoming EarningsAnalyst ForecastPORPortland General Electric2.3872 of 5 stars$43.20-0.9%$45.40+5.1%-7.3%$4.77B$3.44B15.942,915News CoveragePositive NewsAnalyst ForecastAnalyst RevisionPNWPinnacle West Capital4.2125 of 5 stars$92.16-0.3%$96.64+4.9%+5.4%$11.04B$5.12B19.006,403Positive NewsAnalyst ForecastOTTROtter Tail2.2456 of 5 stars$76.08+1.4%$83.00+9.1%+0.4%$3.15B$1.33B11.192,133News CoveragePositive NewsAnalyst RevisionMGEEMGE Energy4.0602 of 5 stars$83.91-0.8%$79.00-5.9%-7.0%$3.09B$676.94M23.31700Positive NewsDividend AnnouncementAnalyst Forecast Related Companies and Tools Related Companies EVRG Alternatives LNT Alternatives ATO Alternatives BKH Alternatives IDA Alternatives OGE Alternatives POR Alternatives PNW Alternatives OTTR Alternatives MGEE 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 10/22/2025 by MarketBeat.com Staff From Our PartnersNEW LAW: Congress Approves Setup For Digital Dollar?Trump Ally Says Congress Approved the Setup for a Digital Dollar 2.0 But according to Rep. 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