ALLETE Competitors

ALLETE (NYSE:ALE) and NextEra Energy (NYSE:NEE) are both utilities companies, but which is the better investment? We will contrast the two businesses based on the strength of their profitability, analyst recommendations, earnings, valuation, institutional ownership, risk and dividends.

Profitability

This table compares ALLETE and NextEra Energy's net margins, return on equity and return on assets.

Volatility & Risk

ALLETE has a beta of 0.43, suggesting that its share price is 57% less volatile than the S&P 500. Comparatively, NextEra Energy has a beta of 0.16, suggesting that its share price is 84% less volatile than the S&P 500.

Earnings & Valuation

This table compares ALLETE and NextEra Energy's revenue, earnings per share (EPS) and valuation.

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

Dividends

ALLETE pays an annual dividend of $2.52 per share and has a dividend yield of 3.6%. NextEra Energy pays an annual dividend of $1.54 per share and has a dividend yield of 2.1%. ALLETE pays out 75.7% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. NextEra Energy pays out 73.7% of its earnings in the form of a dividend. ALLETE has increased its dividend for 1 consecutive years and NextEra Energy has increased its dividend for 1 consecutive years.

Analyst Ratings

This is a summary of current recommendations and price targets for ALLETE and NextEra Energy, as provided by MarketBeat.

ALLETE presently has a consensus target price of $66.50, suggesting a potential downside of 5.08%. NextEra Energy has a consensus target price of $78.8333, suggesting a potential upside of 8.54%. Given NextEra Energy's stronger consensus rating and higher probable upside, analysts clearly believe NextEra Energy is more favorable than ALLETE.

Insider & Institutional Ownership

71.9% of ALLETE shares are held by institutional investors. Comparatively, 19.2% of NextEra Energy shares are held by institutional investors. 0.3% of ALLETE shares are held by company insiders. Comparatively, 0.4% of NextEra Energy 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.

Summary

NextEra Energy beats ALLETE on 12 of the 16 factors compared between the two stocks.

ALLETE (NYSE:ALE) and Duke Energy (NYSE:DUK) are both utilities companies, but which is the better investment? We will contrast the two businesses based on the strength of their profitability, analyst recommendations, earnings, valuation, institutional ownership, risk and dividends.

Profitability

This table compares ALLETE and Duke Energy's net margins, return on equity and return on assets.

Volatility & Risk

ALLETE has a beta of 0.43, suggesting that its share price is 57% less volatile than the S&P 500. Comparatively, Duke Energy has a beta of 0.23, suggesting that its share price is 77% less volatile than the S&P 500.

Earnings & Valuation

This table compares ALLETE and Duke Energy's revenue, earnings per share (EPS) and valuation.

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

Dividends

ALLETE pays an annual dividend of $2.52 per share and has a dividend yield of 3.6%. Duke Energy pays an annual dividend of $3.86 per share and has a dividend yield of 3.7%. ALLETE pays out 75.7% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Duke Energy pays out 76.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. ALLETE has increased its dividend for 1 consecutive years and Duke Energy has increased its dividend for 14 consecutive years. Duke Energy is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Analyst Ratings

This is a summary of current recommendations and price targets for ALLETE and Duke Energy, as provided by MarketBeat.

ALLETE presently has a consensus target price of $66.50, suggesting a potential downside of 5.08%. Duke Energy has a consensus target price of $102.50, suggesting a potential downside of 0.49%. Given Duke Energy's stronger consensus rating and higher probable upside, analysts clearly believe Duke Energy is more favorable than ALLETE.

Insider & Institutional Ownership

71.9% of ALLETE shares are held by institutional investors. Comparatively, 63.5% of Duke Energy shares are held by institutional investors. 0.3% of ALLETE shares are held by company insiders. Comparatively, 0.1% of Duke Energy 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.

Summary

Duke Energy beats ALLETE on 11 of the 17 factors compared between the two stocks.

The Southern (NYSE:SO) and ALLETE (NYSE:ALE) are both utilities companies, but which is the superior stock? We will compare the two companies based on the strength of their analyst recommendations, valuation, dividends, institutional ownership, profitability, earnings and risk.

Insider & Institutional Ownership

57.6% of The Southern shares are owned by institutional investors. Comparatively, 71.9% of ALLETE shares are owned by institutional investors. 0.4% of The Southern 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.

Volatility & Risk

The Southern has a beta of 0.39, suggesting that its stock price is 61% less volatile than the S&P 500. Comparatively, ALLETE has a beta of 0.43, suggesting that its stock price is 57% less volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of recent ratings and price targets for The Southern and ALLETE, as reported by MarketBeat.com.

The Southern presently has a consensus price target of $66.3333, suggesting a potential upside of 0.92%. ALLETE has a consensus price target of $66.50, suggesting a potential downside of 5.08%. Given The Southern's stronger consensus rating and higher probable upside, equities research analysts plainly believe The Southern is more favorable than ALLETE.

Valuation & Earnings

This table compares The Southern and ALLETE's top-line revenue, earnings per share (EPS) and valuation.

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

Profitability

This table compares The Southern and ALLETE's net margins, return on equity and return on assets.

Dividends

The Southern pays an annual dividend of $2.56 per share and has a dividend yield of 3.9%. ALLETE pays an annual dividend of $2.52 per share and has a dividend yield of 3.6%. The Southern pays out 82.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. ALLETE pays out 75.7% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. The Southern has increased its dividend for 19 consecutive years and ALLETE has increased its dividend for 1 consecutive years. The Southern is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Summary

The Southern beats ALLETE on 12 of the 17 factors compared between the two stocks.

Eversource Energy (NYSE:ES) and ALLETE (NYSE:ALE) are both utilities companies, but which is the superior stock? We will compare the two companies based on the strength of their analyst recommendations, valuation, dividends, institutional ownership, profitability, earnings and risk.

Insider & Institutional Ownership

76.8% of Eversource Energy shares are owned by institutional investors. Comparatively, 71.9% of ALLETE shares are owned by institutional investors. 0.3% of Eversource Energy 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.

Volatility & Risk

Eversource Energy has a beta of 0.28, suggesting that its stock price is 72% less volatile than the S&P 500. Comparatively, ALLETE has a beta of 0.43, suggesting that its stock price is 57% less volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of recent ratings and price targets for Eversource Energy and ALLETE, as reported by MarketBeat.com.

Eversource Energy presently has a consensus price target of $90.1818, suggesting a potential upside of 6.46%. ALLETE has a consensus price target of $66.50, suggesting a potential downside of 5.08%. Given Eversource Energy's stronger consensus rating and higher probable upside, equities research analysts plainly believe Eversource Energy is more favorable than ALLETE.

Valuation & Earnings

This table compares Eversource Energy and ALLETE's top-line revenue, earnings per share (EPS) and valuation.

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

Profitability

This table compares Eversource Energy and ALLETE's net margins, return on equity and return on assets.

Dividends

Eversource Energy pays an annual dividend of $2.41 per share and has a dividend yield of 2.8%. ALLETE pays an annual dividend of $2.52 per share and has a dividend yield of 3.6%. Eversource Energy pays out 69.9% of its earnings in the form of a dividend. ALLETE pays out 75.7% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Eversource Energy has increased its dividend for 1 consecutive years and ALLETE has increased its dividend for 1 consecutive years.

Summary

Eversource Energy beats ALLETE on 11 of the 16 factors compared between the two stocks.

PPL (NYSE:PPL) and ALLETE (NYSE:ALE) are both utilities companies, but which is the better stock? We will contrast the two companies based on the strength of their analyst recommendations, profitability, institutional ownership, risk, dividends, valuation and earnings.

Profitability

This table compares PPL and ALLETE's net margins, return on equity and return on assets.

Risk and Volatility

PPL has a beta of 0.72, meaning that its share price is 28% less volatile than the S&P 500. Comparatively, ALLETE has a beta of 0.43, meaning that its share price is 57% less volatile than the S&P 500.

Insider & Institutional Ownership

67.2% of PPL shares are held by institutional investors. Comparatively, 71.9% of ALLETE shares are held by institutional investors. 0.2% of PPL shares are held by company insiders. Comparatively, 0.3% of ALLETE shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Dividends

PPL pays an annual dividend of $1.66 per share and has a dividend yield of 5.7%. ALLETE pays an annual dividend of $2.52 per share and has a dividend yield of 3.6%. PPL pays out 67.8% of its earnings in the form of a dividend. ALLETE pays out 75.7% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. PPL has increased its dividend for 9 consecutive years and ALLETE has increased its dividend for 1 consecutive years. PPL is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Analyst Ratings

This is a breakdown of recent ratings and recommmendations for PPL and ALLETE, as reported by MarketBeat.

PPL currently has a consensus price target of $32.9583, suggesting a potential upside of 13.49%. ALLETE has a consensus price target of $66.50, suggesting a potential downside of 5.08%. Given PPL's stronger consensus rating and higher probable upside, analysts plainly believe PPL is more favorable than ALLETE.

Valuation and Earnings

This table compares PPL and ALLETE's top-line revenue, earnings per share (EPS) and valuation.

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

Summary

PPL beats ALLETE on 12 of the 17 factors compared between the two stocks.

Edison International (NYSE:EIX) and ALLETE (NYSE:ALE) are both utilities companies, but which is the better stock? We will contrast the two companies based on the strength of their analyst recommendations, profitability, institutional ownership, risk, dividends, valuation and earnings.

Insider & Institutional Ownership

87.6% of Edison International shares are held by institutional investors. Comparatively, 71.9% of ALLETE shares are held by institutional investors. 0.6% of Edison International shares are held by company insiders. Comparatively, 0.3% of ALLETE shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Valuation and Earnings

This table compares Edison International and ALLETE's top-line revenue, earnings per share (EPS) and valuation.

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

Analyst Ratings

This is a breakdown of recent ratings and recommmendations for Edison International and ALLETE, as reported by MarketBeat.

Edison International currently has a consensus price target of $68.1429, suggesting a potential upside of 16.84%. ALLETE has a consensus price target of $66.50, suggesting a potential downside of 5.08%. Given Edison International's stronger consensus rating and higher probable upside, analysts plainly believe Edison International is more favorable than ALLETE.

Profitability

This table compares Edison International and ALLETE's net margins, return on equity and return on assets.

Risk and Volatility

Edison International has a beta of 0.52, meaning that its share price is 48% less volatile than the S&P 500. Comparatively, ALLETE has a beta of 0.43, meaning that its share price is 57% less volatile than the S&P 500.

Dividends

Edison International pays an annual dividend of $2.65 per share and has a dividend yield of 4.5%. ALLETE pays an annual dividend of $2.52 per share and has a dividend yield of 3.6%. Edison International pays out 56.4% of its earnings in the form of a dividend. ALLETE pays out 75.7% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Edison International has increased its dividend for 1 consecutive years and ALLETE has increased its dividend for 1 consecutive years. Edison International is clearly the better dividend stock, given its higher yield and lower payout ratio.

Summary

Edison International beats ALLETE on 13 of the 16 factors compared between the two stocks.