Patrick Cutshall - Allete Vice President, Corporate Treasurer
| ALE Stock | USD 64.93 0.58 0.90% |
President
Mr. Patrick L. Cutshall is Vice President, Corporationrationrate Treasurer of the Company since 2017.
| Age | 55 |
| Tenure | 7 years |
| Address | 30 West Superior Street, Duluth, MN, United States, 55802-2093 |
| Phone | 218 279 5000 |
| Web | https://www.allete.com |
Allete Management Efficiency
The company has Return on Asset of 0.0169 % which means that on every $100 spent on assets, it made $0.0169 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0355 %, implying that it generated $0.0355 on every 100 dollars invested. Allete's management efficiency ratios could be used to measure how well Allete manages its routine affairs as well as how well it operates its assets and liabilities. At present, Allete's Return On Assets are projected to increase slightly based on the last few years of reporting. The current year's Return On Equity is expected to grow to 0.10, whereas Return On Capital Employed is forecasted to decline to 0.03. At present, Allete's Intangibles To Total Assets are projected to slightly decrease based on the last few years of reporting. The current year's Debt To Assets is expected to grow to 0.34, whereas Non Current Assets Total are forecasted to decline to about 3.4 B.Similar Executives
| Showing other executives | PRESIDENT Age | ||
| Heather Grahame | NorthWestern | 69 | |
| Sherry Kohan | The AES | 54 | |
| Curtis Pohl | NorthWestern | 59 | |
| Bobbi Schroeppel | NorthWestern | 55 | |
| Justin Eisfeller | UNITIL | 57 | |
| Letitia Mendoza | The AES | 48 | |
| Brian Iverson | Black Hills | 61 | |
| Mark Thies | Avista | 60 | |
| Jason Thackston | Avista | 51 | |
| James Kensok | Avista | 65 | |
| Todd Black | UNITIL | 60 | |
| Timothy Rogelstad | Otter Tail | 57 | |
| Robert CFA | UNITIL | 63 | |
| Stephen Coughlin | The AES | 52 | |
| Bryan Cox | Avista | 54 | |
| John Abbott | Otter Tail | 65 | |
| Jennifer Landis | Black Hills | 49 | |
| Julian Nebreda | The AES | 52 | |
| Ryan Krasselt | Avista | 54 | |
| Alec Mesdag | Avista | 44 | |
| Christopher LeBlanc | UNITIL | 57 | |
Management Performance
| Return On Equity | 0.0355 | ||||
| Return On Asset | 0.0169 |
Allete Inc Leadership Team
Elected by the shareholders, the Allete's board of directors comprises two types of representatives: Allete inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Allete. The board's role is to monitor Allete's management team and ensure that shareholders' interests are well served. Allete's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Allete's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Robert Adams, Chief Risk Officer and Sr. VP of Energy Centric Bus.es | ||
| Bethany Owen, Senior Vice President and Chief Legal and Administrative Officer | ||
| Barbara Nick, Independent Director | ||
| Josh Kunkel, President | ||
| Robert Powers, Independent Director | ||
| CFA CPA, VP Treasurer | ||
| Julie Padilla, Chief VP | ||
| Nicole Johnson, Chief Administrative Officer, Vice President | ||
| Douglas Neve, Independent Director | ||
| Alan Hodnik, Chairman, CEO and President and COO of Minnesota Power | ||
| Charlene Thomas, Independent Director | ||
| Vincent Meyer, Vice Relations | ||
| Susan Nestegard, Lead Independent Director | ||
| Steven Morris, Chief Accounting Officer, Vice President and Controller | ||
| Margaret Thickens, Vice President Chief Legal Officer, Corporate Secretary | ||
| Heidi JimmersonEddins, Lead Independent Director | ||
| Rob Sandstrom, Light Water | ||
| James Hoolihan, Independent Director | ||
| Matthew Hankey, President Equity | ||
| Patrick Cutshall, Vice President, Corporate Treasurer | ||
| Kathryn Dindo, Independent Director | ||
| George Goldfarb, Independent Director | ||
| Jeffrey Scissons, Director Development | ||
| CPA CFA, VP Treasurer | ||
| Joshua Skelton, VP Power | ||
| Madeleine Ludlow, Independent Director | ||
| Frank Frederickson, Vice Power |
Allete Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Allete a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0355 | ||||
| Return On Asset | 0.0169 | ||||
| Profit Margin | 0.12 % | ||||
| Operating Margin | 0.12 % | ||||
| Current Valuation | 5.42 B | ||||
| Shares Outstanding | 57.82 M | ||||
| Shares Owned By Insiders | 0.27 % | ||||
| Shares Owned By Institutions | 75.12 % | ||||
| Number Of Shares Shorted | 821.13 K | ||||
| Price To Earning | 19.79 X |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Allete Inc is a strong investment it is important to analyze Allete's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Allete's future performance. For an informed investment choice regarding Allete Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Allete Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Electric Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Allete. If investors know Allete will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Allete listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.48) | Dividend Share 2.793 | Earnings Share 3.12 | Revenue Per Share 27.217 | Quarterly Revenue Growth 0.075 |
The market value of Allete Inc is measured differently than its book value, which is the value of Allete that is recorded on the company's balance sheet. Investors also form their own opinion of Allete's value that differs from its market value or its book value, called intrinsic value, which is Allete's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Allete's market value can be influenced by many factors that don't directly affect Allete's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Allete's value and its price as these two are different measures arrived at by different means. Investors typically determine if Allete is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Allete's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.