65.68
price up icon0.50%   0.33
after-market After Hours: 65.68
loading
Allete Inc stock is traded at $65.68, with a volume of 466.89K. It is up +0.50% in the last 24 hours and up +1.62% 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.
See More
Previous Close:
$65.35
Open:
$65.52
24h Volume:
466.89K
Relative Volume:
1.52
Market Cap:
$3.80B
Revenue:
$1.57B
Net Income/Loss:
$180.20M
P/E Ratio:
21.05
EPS:
3.12
Net Cash Flow:
$115.20M
1W Performance:
-0.03%
1M Performance:
+1.62%
6M Performance:
+1.91%
1Y Performance:
+10.20%
1-Day Range:
Value
$65.40
$65.68
1-Week Range:
Value
$65.35
$65.71
52-Week Range:
Value
$55.86
$65.95

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
65.68 3.80B 1.57B 180.20M 115.20M 3.12
Utilities - Diversified icon
SRE
Sempra
83.29 52.76B 12.92B 2.93B -3.46B 4.54
Utilities - Diversified icon
BIP
Brookfield Infrastructure Partners L P
33.57 15.50B 20.57B 151.00M 67.00M -0.38
Utilities - Diversified icon
AES
Aes Corp
11.27 8.01B 12.28B 1.03B -5.71B 1.44
Utilities - Diversified icon
CIG
Cia Energetica De Minas Gerais Cemig Adr
1.86 5.32B 7.55B 1.19B 1.19B 0.4163
Utilities - Diversified icon
ELP
Cia Paranaense De Energia Copel Adr
6.72 5.00B 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
10:31 AM

ALLETE Raises Quarterly Dividend 3.5% to $0.73 per Share; Payable March 1 to Shareholders of Feb. 14 - Marketscreener.com

10:31 AM
pulisher
07:42 AM

Allete Raises Quarterly Dividend by 3.5% - MarketWatch

07:42 AM
pulisher
06:30 AM

ALLETE Board of Directors Raises Quarterly Common Stock Dividend - Business Wire

06:30 AM
pulisher
Jan 26, 2025

Allete Chief Financial Officer Mark Schober to retire - Power Engineering®️

Jan 26, 2025
pulisher
Jan 26, 2025

ALLETE Senior Vice President & Chief Financial Officer Steven W. Morris to retire mid-year as part of a planned transition - Herald Review

Jan 26, 2025
pulisher
Jan 26, 2025

Inspire Investing LLC Sells 4,919 Shares of ALLETE, Inc. (NYSE:ALE) - MarketBeat

Jan 26, 2025
pulisher
Jan 24, 2025

Morris to retire as ALLETE's CFO - BusinessNorth.com

Jan 24, 2025
pulisher
Jan 24, 2025

ALLETE, Inc. Announces Retirement of Steven W. Morris as Chief Financial Officer -January 24, 2025 at 06:45 am EST - Marketscreener.com

Jan 24, 2025
pulisher
Jan 24, 2025

ALLETE, Inc.'s Senior Vice President Steven W. Morris to Retire Mid-Year as Part of A Planned Transition - Marketscreener.com

Jan 24, 2025
pulisher
Jan 24, 2025

Allete Announces CFO Steven Morris’ Retirement Plan - TipRanks

Jan 24, 2025
pulisher
Jan 24, 2025

Allete Chief Financial Officer Steven Morris to Retire Mid-Year - MarketWatch

Jan 24, 2025
pulisher
Jan 24, 2025

LogoALLETE Senior Vice President & Chief Financial Officer Steven W. Morris to Retire Mid-Year as Part of a Planned Transition - Business Wire

Jan 24, 2025
pulisher
Jan 22, 2025

(ALE) Trading Signals - Stock Traders Daily

Jan 22, 2025
pulisher
Jan 22, 2025

Allete Stock Hits 52-Week High at $65.9 Amid Positive Annual Growth - MSN

Jan 22, 2025
pulisher
Jan 21, 2025

Allete Stock Hits 52-Week High at $65.9 Amid Positive Annual Growth By Investing.com - Investing.com South Africa

Jan 21, 2025
pulisher
Jan 21, 2025

ALLETE (NYSE:ALE) Reaches New 12-Month HighStill a Buy? - MarketBeat

Jan 21, 2025
pulisher
Jan 20, 2025

ALLETE, Inc. (NYSE:ALE) Short Interest Up 7.8% in December - MarketBeat

Jan 20, 2025
pulisher
Jan 15, 2025

ALLETE (NYSE:ALE) Sees Large Volume IncreaseHere's Why - MarketBeat

Jan 15, 2025
pulisher
Jan 15, 2025

Looking For Yields: Nexstar Media, Avista And ALLETE Are Consistent Moneymakers - Benzinga

Jan 15, 2025
pulisher
Jan 12, 2025

(ALE) Investment Analysis and Advice - Stock Traders Daily

Jan 12, 2025
pulisher
Jan 11, 2025

ALLETE, Inc. (NYSE:ALE) Shares Sold by GAMMA Investing LLC - Defense World

Jan 11, 2025
pulisher
Jan 10, 2025

ALLETE, Inc. (NYSE:ALE) Shares Sold by JPMorgan Chase & Co. - MarketBeat

Jan 10, 2025
pulisher
Jan 10, 2025

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

Jan 10, 2025
pulisher
Jan 06, 2025

BNI Coal names Boeshans president - BusinessNorth.com

Jan 06, 2025
pulisher
Jan 02, 2025

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

Jan 02, 2025
pulisher
Jan 02, 2025

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

Jan 02, 2025
pulisher
Jan 01, 2025

(ALE) Trading Advice - Stock Traders Daily

Jan 01, 2025
pulisher
Jan 01, 2025

Industry drives ALLETE profits higher - BusinessNorth.com

Jan 01, 2025
pulisher
Dec 31, 2024

FERC clears Allete's USD-6.2bn going private deal - Renewables Now

Dec 31, 2024
pulisher
Dec 30, 2024

ALLETE, Inc. (NYSE:ALE) Shares Sold by Principal Financial Group Inc. - MarketBeat

Dec 30, 2024
pulisher
Dec 26, 2024

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

Dec 26, 2024
pulisher
Dec 24, 2024

FERC approves ALLETE merger - OK Energy Today

Dec 24, 2024
pulisher
Dec 23, 2024

HighTower Advisors LLC Sells 259 Shares of ALLETE, Inc. (NYSE:ALE) - Defense World

Dec 23, 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

Big bet on GIP puts BlackRock under spotlight from US to Malaysia - The Edge Malaysia

Dec 09, 2024

Allete Inc Stock (ALE) Financials Data

Revenue

loading

Net Income

loading

Cash Flow

loading

EPS

loading
utilities_diversified NWE
$54.19
price up icon 0.93%
$77.68
price up icon 0.23%
$6.0098
price up icon 3.26%
utilities_diversified AVA
$36.53
price up icon 1.47%
utilities_diversified ELP
$6.72
price up icon 3.07%
Cap:     |  Volume (24h):