64.93
price up icon0.90%   0.58
 
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Allete Inc stock is traded at $64.93, with a volume of 435.11K. It is up +0.90% in the last 24 hours and up +1.25% 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:
$64.35
Open:
$64.4
24h Volume:
435.11K
Relative Volume:
1.86
Market Cap:
$3.73B
Revenue:
$1.57B
Net Income/Loss:
$180.20M
P/E Ratio:
15.06
EPS:
4.31
Net Cash Flow:
$115.20M
1W Performance:
+0.89%
1M Performance:
+1.25%
6M Performance:
+3.11%
1Y Performance:
+17.84%
1-Day Range:
Value
$64.39
$64.97
1-Week Range:
Value
$63.97
$64.97
52-Week Range:
Value
$54.70
$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
ALE 64.93 3.73B 1.57B 180.20M 115.20M 4.31
SRE 94.27 59.95B 12.92B 2.93B -3.46B 4.325
BIP 34.74 15.95B 20.57B 151.00M 67.00M 0.31
AES 13.04 9.42B 12.28B 1.03B -5.71B -0.88
CIG 1.99 5.69B 7.55B 1.19B 1.19B 0.4613
ELP 6.44 4.79B 4.40B 437.33M 737.00M 0.1359

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
03:58 AM

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

03:58 AM
pulisher
Nov 22, 2024

Victory Capital Management Inc. Lowers Stake in ALLETE, Inc. (NYSE:ALE) - MarketBeat

Nov 22, 2024
pulisher
Nov 21, 2024

ALLETE, Inc. (NYSE:ALE) Shares Sold by Segall Bryant & Hamill LLC - 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

Alpine Associates Management Inc. Boosts Position in ALLETE, Inc. (NYSE:ALE) - 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 Raises Stake in ALLETE, Inc. (NYSE:ALE) - MarketBeat

Nov 19, 2024
pulisher
Nov 18, 2024

Principal Financial Group Inc. Sells 50,258 Shares of ALLETE, Inc. (NYSE:ALE) - MarketBeat

Nov 18, 2024
pulisher
Nov 18, 2024

Short Interest in ALLETE, Inc. (NYSE:ALE) Declines By 10.8% - MarketBeat

Nov 18, 2024
pulisher
Nov 17, 2024

Assetmark Inc. Sells 31,779 Shares of ALLETE, Inc. (NYSE:ALE) - MarketBeat

Nov 17, 2024
pulisher
Nov 13, 2024

Is ALLETE, Inc. (ALE) Among The Top Dividend Contenders Right Now? - Insider Monkey

Nov 13, 2024
pulisher
Nov 13, 2024

Ex-Dividend Reminder: Kroger, Southwest Gas Holdings and Allete - Nasdaq

Nov 13, 2024
pulisher
Nov 13, 2024

Dividend Contenders List: Top 15 - Insider Monkey

Nov 13, 2024
pulisher
Nov 12, 2024

Superior utility recognized for hiring veterans - Superior Telegram

Nov 12, 2024
pulisher
Nov 12, 2024

Wolverine Asset Management LLC Acquires 10,302 Shares of ALLETE, Inc. (NYSE:ALE) - MarketBeat

Nov 12, 2024
pulisher
Nov 11, 2024

CWA Asset Management Group LLC Purchases Shares of 17,274 ALLETE, Inc. (NYSE:ALE) - MarketBeat

Nov 11, 2024
pulisher
Nov 09, 2024

(ALE) Proactive Strategies - Stock Traders Daily

Nov 09, 2024
pulisher
Nov 07, 2024

Olympiad Research LP Increases Holdings in ALLETE, Inc. (NYSE:ALE) - MarketBeat

Nov 07, 2024
pulisher
Nov 07, 2024

ALLETE, Inc. (NYSE:ALE) Shares Purchased by Cozad Asset Management Inc. - MarketBeat

Nov 07, 2024
pulisher
Nov 07, 2024

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

Nov 07, 2024
pulisher
Nov 04, 2024

Avista joins PGE, Grid United and ALLETE in 3,000 megawatt east-west transmission line - Quantisnow

Nov 04, 2024
pulisher
Nov 04, 2024

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

Nov 04, 2024
pulisher
Nov 02, 2024

ALLETE (NYSE:ALE) Issues Quarterly Earnings Results - MarketBeat

Nov 02, 2024
pulisher
Nov 01, 2024

Minnesota Power’s agreement with stakeholders on lower rate increase approved by Minnesota Public Utilities Commission - The Ely Echo

Nov 01, 2024
pulisher
Oct 31, 2024

Renewable energy earnings plunged for ALLETE Inc.—wind out of its sails - OK Energy Today

Oct 31, 2024
pulisher
Oct 31, 2024

20,091 Shares in ALLETE, Inc. (NYSE:ALE) Acquired by International Assets Investment Management LLC - MarketBeat

Oct 31, 2024
pulisher
Oct 31, 2024

Allete Inc. Reports Mixed Financial Results - TipRanks

Oct 31, 2024
pulisher
Oct 30, 2024

Allete: Q3 Earnings Snapshot - Houston Chronicle

Oct 30, 2024
pulisher
Oct 30, 2024

ALLETE Clean Energy sells a Wisconsin wind farm - OK Energy Today

Oct 30, 2024
pulisher
Oct 30, 2024

ALLETE, Inc. reports third quarter 2024 earnings - Business Wire

Oct 30, 2024
pulisher
Oct 30, 2024

ALLETE, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024 - Marketscreener.com

Oct 30, 2024
pulisher
Oct 30, 2024

ALLETE sells 70-MW wind project in Wisconsin to Invenergy - Renewables Now

Oct 30, 2024
pulisher
Oct 30, 2024

ALLETE (NYSE:ALE) Now Covered by Analysts at StockNews.com - MarketBeat

Oct 30, 2024
pulisher
Oct 29, 2024

ALLETE sells Wisconsin wind project to Invenergy By Investing.com - Investing.com South Africa

Oct 29, 2024
pulisher
Oct 29, 2024

(ALE) Technical Data - Stock Traders Daily

Oct 29, 2024
pulisher
Oct 29, 2024

ALLETE Sells Wisconsin Wind Energy Site - North American Windpower

Oct 29, 2024
pulisher
Oct 29, 2024

ALLETE Clean Energy Announces Sale of Wisconsin Wind Site - Energy Central

Oct 29, 2024
pulisher
Oct 29, 2024

ALLETE sells Wisconsin wind project to Invenergy - Investing.com

Oct 29, 2024
pulisher
Oct 28, 2024

Minnesota PUC approves Minnesota Power’s rate proposal - Daily Energy Insider

Oct 28, 2024
pulisher
Oct 25, 2024

ALLETE, Inc. (NYSE:ALE) to Issue Dividend Increase$0.71 Per Share - MarketBeat

Oct 25, 2024
pulisher
Oct 25, 2024

ALLETE maintains dividend at 70.5 cents per share - Investing.com

Oct 25, 2024
pulisher
Oct 25, 2024

ALLETE Board of Directors declares dividend on common stock - Business Wire

Oct 25, 2024
pulisher
Oct 24, 2024

Regulators finalize 4.9% rate hike for Minnesota Power residential customers - Duluth News Tribune

Oct 24, 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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utilities_diversified NWE
$56.75
price up icon 0.42%
$80.78
price up icon 0.25%
$5.67
price down icon 1.90%
utilities_diversified AVA
$39.13
price up icon 0.23%
utilities_diversified ELP
$6.44
price up icon 0.16%
Cap:     |  Volume (24h):