63.10
0.14%
+0.09
After Hours:
63.2388
0.1388
+0.22%
Overview
News
Price History
Option Chain
Financials
Discussions
Forecast
Stock Split
Dividend History
Allete, Inc. stock is currently priced at $63.10, with a 24-hour trading volume of 1.49M.
It has seen a +0.14% increased in the last 24 hours and a +6.39% rose in the past month.
The chart indicates a potential bearish trend, as the stock is below the $63.63 pivot point. If it approaches the $62.33 support level, significant changes may occur.
Previous Close:
$63.01
Open:
$63.39
24h Volume:
1.49M
Market Cap:
$3.63B
Revenue:
$1.88B
Net Income/Loss:
$247.10M
P/E Ratio:
14.64
EPS:
4.31
Net Cash Flow:
$314.10M
1W Performance:
+6.55%
1M Performance:
+6.39%
6M Performance:
+13.71%
1Y Performance:
+0.81%
Allete, Inc. Stock (ALE) Company Profile
Name
Allete, Inc.
Sector
Industry
Phone
218-279-5000
Address
30 West Superior Street, Duluth, MN
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
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Allete (ALE) Misses Q4 Earnings and Revenue Estimates
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Allete, Inc. Stock (ALE) Financials Data
Allete, Inc. (ALE) Revenue 2024
ALE reported a revenue (TTM) of $1.88 billion for the quarter ending December 31, 2023, a +19.68% rise year-over-year.
Allete, Inc. (ALE) Net Income 2024
ALE net income (TTM) was $247.10 million for the quarter ending December 31, 2023, a +30.53% increase year-over-year.
Allete, Inc. (ALE) Cash Flow 2024
ALE recorded a free cash flow (TTM) of $314.10 million for the quarter ending December 31, 2023, a +39,162% increase year-over-year.
Allete, Inc. (ALE) Earnings per Share 2024
ALE earnings per share (TTM) was $4.30 for the quarter ending December 31, 2023, a +26.47% growth year-over-year.
About Allete, Inc.
ALLETE, Inc. operates as an energy company. The company operates through three segments: Regulated Operations, ALLETE Clean Energy, and U.S. Water Services. It generates electricity from coal-fired, natural gas-fired, biomass co-fired, hydroelectric, wind, solar, and other sources. The company provides regulated electric, natural gas, and water services in northwestern Wisconsin to approximately 15,000 electric customers, 13,000 natural gas customers, and 10,000 water customers, as well as regulated utility electric services in northeastern Minnesota to approximately 145,000 retail customers and 16 non-affiliated municipal customers. It also owns and maintains electric transmission assets in Wisconsin, Michigan, Minnesota, and Illinois. In addition, the company focuses on developing, acquiring, and operating clean and renewable energy projects; and owns and operates approximately 535 megawatt of wind energy generation. Further, it offers integrated water management for industry by combining chemical, equipment, engineering, and service for customized solutions to reduce water and energy usage. Additionally, the company is involved in the coal mining operations in North Dakota; and real estate investment activities in Florida. The company owns and operates 167 substations with a total capacity of 8,540 megavolt amperes. It serves taconite mining, iron concentrate, paper, pulp and wood products, pipeline, and other industries. The company was founded in 1906 and is headquartered in Duluth, Minnesota.
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