64.52
price up icon0.23%   0.15
 
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Allete Inc stock is traded at $64.52, with a volume of 57,322. It is up +0.23% in the last 24 hours and down -0.54% over the past month. ALLETE Inc provides competitively-priced energy in America's Upper Midwest region and invests in transmission infrastructure and other energy-centric businesses. The company has two reportable segments. The first segment is Regulated Operations, which includes the company's regulated utilities, Minnesota Power and SWL&P, as well as its investment in ATC. ATC is a regulated utility based in Wisconsin that owns and maintains electric transmission assets in parts of Wisconsin, Michigan, Minnesota, and Illinois. The second segment is ALLETE Clean Energy, which focuses on developing, acquiring, and operating clean and renewable energy projects.
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Previous Close:
$64.37
Open:
$64.3
24h Volume:
57,322
Relative Volume:
0.23
Market Cap:
$3.73B
Revenue:
$1.57B
Net Income/Loss:
$180.20M
P/E Ratio:
14.97
EPS:
4.31
Net Cash Flow:
$115.20M
1W Performance:
-0.12%
1M Performance:
-0.54%
6M Performance:
+3.05%
1Y Performance:
+4.59%
1-Day Range:
Value
$64.30
$64.60
1-Week Range:
Value
$64.30
$64.75
52-Week Range:
Value
$55.86
$65.86

Allete Inc Stock (ALE) Company Profile

Name
Name
Allete Inc
Name
Phone
(218) 279-5000
Name
Address
30 W SUPERIOR ST, DULUTH, MN
Name
Employee
1,622
Name
Twitter
@allete_inc
Name
Next Earnings Date
2024-10-30
Name
Latest SEC Filings
Name
ALE's Discussions on Twitter

Compare ALE with other stocks

Stocks Price Market Cap Revenue Net Income Cash Flow EPS
Utilities - Diversified icon
ALE
Allete Inc
64.51 3.73B 1.57B 180.20M 115.20M 3.12
Utilities - Diversified icon
SRE
Sempra
87.44 55.11B 12.92B 2.93B -3.46B 4.54
Utilities - Diversified icon
BIP
Brookfield Infrastructure Partners L P
31.82 14.83B 20.57B 151.00M 67.00M -0.38
Utilities - Diversified icon
AES
Aes Corp
12.78 9.17B 12.28B 1.03B -5.71B 1.44
Utilities - Diversified icon
CIG
Cia Energetica De Minas Gerais Cemig Adr
1.795 5.15B 7.55B 1.19B 1.19B 0.4163
Utilities - Diversified icon
ELP
Cia Paranaense De Energia Copel Adr
5.90 4.39B 4.30B 595.13M 651.42M 0.7981

Allete Inc Stock (ALE) Upgrades & Downgrades

Date Action Analyst Rating Change
Jan-22-24 Upgrade Guggenheim Sell → Neutral
Jan-10-24 Downgrade Sidoti Buy → Neutral
Jun-27-23 Downgrade BofA Securities Neutral → Underperform
May-05-23 Downgrade BofA Securities Buy → Neutral
Apr-06-23 Upgrade Sidoti Neutral → Buy
Jan-23-23 Downgrade Guggenheim Neutral → Sell
Nov-17-22 Upgrade JP Morgan Underweight → Neutral
Nov-14-22 Upgrade BofA Securities Neutral → Buy
May-25-22 Initiated BofA Securities Neutral
Jan-21-21 Downgrade Guggenheim Buy → Neutral
Apr-02-20 Downgrade Sidoti Buy → Neutral
Mar-03-20 Upgrade Mizuho Underperform → Neutral
Jan-08-20 Upgrade Guggenheim Neutral → Buy
Feb-19-19 Upgrade Williams Capital Group Sell → Hold
Feb-11-19 Downgrade Mizuho Neutral → Underperform
Dec-10-18 Downgrade Williams Capital Group Hold → Sell
Jun-11-18 Downgrade Williams Capital Group Buy → Hold
Feb-02-18 Upgrade Williams Capital Group Hold → Buy
Oct-20-17 Downgrade Ladenburg Thalmann Buy → Neutral
Oct-19-17 Downgrade KeyBanc Capital Mkts Overweight → Sector Weight
Oct-12-17 Downgrade Williams Capital Group Buy → Hold
Jun-19-17 Reiterated Williams Capital Group Buy
Apr-21-17 Reiterated Williams Capital Group Buy
Nov-04-16 Initiated Macquarie Neutral
May-25-16 Upgrade Williams Capital Group Hold → Buy
Mar-29-16 Downgrade Williams Capital Group Buy → Hold
Dec-08-15 Upgrade Wunderlich Hold → Buy
Oct-19-15 Downgrade Wunderlich Buy → Hold
Oct-15-15 Initiated Wells Fargo Market Perform
Jun-25-15 Downgrade JP Morgan Neutral → Underweight
View All

Allete Inc Stock (ALE) Latest News

pulisher
07:32 AM

FERC Approves ALLETE Privatization under $6.2B Deal with CPP, GIP - Rigzone News

07:32 AM
pulisher
Dec 24, 2024

FERC approves ALLETE merger - OK Energy Today

Dec 24, 2024
pulisher
Dec 22, 2024

Trend Tracker for (ALE) - Stock Traders Daily

Dec 22, 2024
pulisher
Dec 20, 2024

Allete Gets OK From FERC for $6.2B Sale to Canada Pension Plan, GIP - Hart Energy

Dec 20, 2024
pulisher
Dec 20, 2024

Retirement Systems of Alabama Sells 114,449 Shares of ALLETE, Inc. (NYSE:ALE) - MarketBeat

Dec 20, 2024
pulisher
Dec 20, 2024

ALLETE, Inc. (NYSE:ALE) Shares Acquired by Geode Capital Management LLC - MarketBeat

Dec 20, 2024
pulisher
Dec 20, 2024

Barclays PLC Increases Stock Holdings in ALLETE, Inc. (NYSE:ALE) - MarketBeat

Dec 20, 2024
pulisher
Dec 20, 2024

ALLETE receives FERC approval for proposed transaction with Canada Pension Plan Investment Board and Global Infrastructure Partners - sharewise

Dec 20, 2024
pulisher
Dec 19, 2024

Allete’s $6.2 Billion Merger Gains Regulatory Approval - TipRanks

Dec 19, 2024
pulisher
Dec 17, 2024

ALLETE (NYSE:ALE) Coverage Initiated by Analysts at StockNews.com - MarketBeat

Dec 17, 2024
pulisher
Dec 14, 2024

Jane Street Group LLC Buys 63,091 Shares of ALLETE, Inc. (NYSE:ALE) - MarketBeat

Dec 14, 2024
pulisher
Dec 14, 2024

State Street Corp Acquires 13,335 Shares of ALLETE, Inc. (NYSE:ALE) - MarketBeat

Dec 14, 2024
pulisher
Dec 13, 2024

Clean-energy producer Allete agrees to go private for $6.2 billion - MSN

Dec 13, 2024
pulisher
Dec 12, 2024

NorthWestern Energy to Participate in Regional Transmission Projects - StockTitan

Dec 12, 2024
pulisher
Dec 12, 2024

XTX Topco Ltd Purchases New Position in ALLETE, Inc. (NYSE:ALE) - MarketBeat

Dec 12, 2024
pulisher
Dec 11, 2024

Trading (ALE) With Integrated Risk Controls - Stock Traders Daily

Dec 11, 2024
pulisher
Dec 11, 2024

Why Exxon Mobil, Brookfield Infrastructure Partners And ALLETE Are Winners For Passive Income - Yahoo Finance

Dec 11, 2024
pulisher
Dec 11, 2024

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 15,732 Shares of ALLETE, Inc. (NYSE:ALE) - MarketBeat

Dec 11, 2024
pulisher
Dec 09, 2024

Puget Sound Energy signs on to largest share of North Plains Connector transmission project - The Manila Times

Dec 09, 2024
pulisher
Dec 09, 2024

StockNews.com Initiates Coverage on ALLETE (NYSE:ALE) - MarketBeat

Dec 09, 2024
pulisher
Dec 08, 2024

ALLETE, Inc. (NYSE:ALE) Shares Sold by The Manufacturers Life Insurance Company - MarketBeat

Dec 08, 2024
pulisher
Dec 07, 2024

Holocene Advisors LP Acquires Shares of 28,044 ALLETE, Inc. (NYSE:ALE) - MarketBeat

Dec 07, 2024
pulisher
Dec 06, 2024

What ALLETE's Earnings Headlines Didn't Tell You - AOL

Dec 06, 2024
pulisher
Dec 05, 2024

Polar Asset Management Partners Inc. Increases Holdings in ALLETE, Inc. (NYSE:ALE) - MarketBeat

Dec 05, 2024
pulisher
Dec 05, 2024

Captrust Financial Advisors Grows Stock Position in ALLETE, Inc. (NYSE:ALE) - MarketBeat

Dec 05, 2024
pulisher
Dec 04, 2024

Hotchkis & Wiley Capital Management LLC Lowers Stock Position in ALLETE, Inc. (NYSE:ALE) - MarketBeat

Dec 04, 2024
pulisher
Dec 03, 2024

Verition Fund Management LLC Purchases 46,089 Shares of ALLETE, Inc. (NYSE:ALE) - MarketBeat

Dec 03, 2024
pulisher
Dec 02, 2024

Thrivent Financial for Lutherans Has $1.27 Million Stock Holdings in ALLETE, Inc. (NYSE:ALE) - MarketBeat

Dec 02, 2024
pulisher
Dec 01, 2024

Glazer Capital LLC Acquires Shares of 89,822 ALLETE, Inc. (NYSE:ALE) - MarketBeat

Dec 01, 2024
pulisher
Dec 01, 2024

ALLETE, Inc. (NYSE:ALE) Shares Acquired by Charles Schwab Investment Management Inc. - MarketBeat

Dec 01, 2024
pulisher
Dec 01, 2024

ALLETE (NYSE:ALE) Earns Hold Rating from Analysts at StockNews.com - MarketBeat

Dec 01, 2024
pulisher
Nov 30, 2024

Citigroup Inc. Raises Holdings in ALLETE, Inc. (NYSE:ALE) - MarketBeat

Nov 30, 2024
pulisher
Nov 28, 2024

Loomis Sayles & Co. L P Decreases Holdings in ALLETE, Inc. (NYSE:ALE) - MarketBeat

Nov 28, 2024
pulisher
Nov 26, 2024

ALLETE Clean Energy sells Wisconsin wind project to Invenergy - Daily Energy Insider

Nov 26, 2024
pulisher
Nov 25, 2024

Algert Global LLC Has $4.56 Million Holdings in ALLETE, Inc. (NYSE:ALE) - MarketBeat

Nov 25, 2024
pulisher
Nov 25, 2024

ALLETE (FRA:AEBA) Shares Outstanding (EOP) : 58 Mil (As of Sep. 2024) - GuruFocus.com

Nov 25, 2024
pulisher
Nov 22, 2024

Victory Capital Management Inc. Sells 112,659 Shares of ALLETE, Inc. (NYSE:ALE) - MarketBeat

Nov 22, 2024
pulisher
Nov 21, 2024

Segall Bryant & Hamill LLC Trims Stock Holdings in ALLETE, Inc. (NYSE:ALE) - MarketBeat

Nov 21, 2024
pulisher
Nov 20, 2024

ALLETE secures two offtakers for output of Pennsylvania wind farm - newsbreak.com

Nov 20, 2024
pulisher
Nov 20, 2024

ALLETE, Inc. (NYSE:ALE) Shares Acquired by Alpine Associates Management Inc. - MarketBeat

Nov 20, 2024
pulisher
Nov 20, 2024

(ALE) On The My Stocks Page - Stock Traders Daily

Nov 20, 2024
pulisher
Nov 19, 2024

ALLETE Clean Energy Renews Armenia Mountain Wind Contracts - North American Windpower

Nov 19, 2024
pulisher
Nov 19, 2024

SWL&P receives Wisconsin Vets Ready Employer award for 2024 - Herald Review

Nov 19, 2024
pulisher
Nov 19, 2024

Allete signs new power offtake contracts for 100-MW US wind farm - Renewables Now

Nov 19, 2024
pulisher
Nov 19, 2024

Allete subsidiary has fully contracted Armenia Mountain Wind site - TipRanks

Nov 19, 2024
pulisher
Nov 19, 2024

ALLETE Clean Energy has fully recontracted Armenia Mountain Wind - Business Wire

Nov 19, 2024
pulisher
Nov 19, 2024

Quest Partners LLC Purchases 24,523 Shares of ALLETE, Inc. (NYSE:ALE) - MarketBeat

Nov 19, 2024

Allete Inc Stock (ALE) Financials Data

Revenue

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Net Income

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Cash Flow

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EPS

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$5.25
price up icon 0.96%
utilities_diversified NWE
$53.09
price down icon 0.14%
$75.39
price up icon 0.36%
utilities_diversified ELP
$5.89
price up icon 0.14%
utilities_diversified AVA
$36.63
price down icon 0.03%
Cap:     |  Volume (24h):