65.29
price down icon0.58%   -0.38
after-market After Hours: 64.90 -0.39 -0.60%
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Allete Inc stock is traded at $65.29, with a volume of 383.04K. It is down -0.58% in the last 24 hours and down -0.64% 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:
$65.67
Open:
$65.62
24h Volume:
383.04K
Relative Volume:
1.17
Market Cap:
$3.78B
Revenue:
$1.57B
Net Income/Loss:
$180.20M
P/E Ratio:
20.93
EPS:
3.12
Net Cash Flow:
$115.20M
1W Performance:
-0.56%
1M Performance:
-0.64%
6M Performance:
+1.60%
1Y Performance:
+9.25%
1-Day Range:
Value
$65.25
$65.64
1-Week Range:
Value
$64.91
$65.85
52-Week Range:
Value
$56.66
$65.99

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
1,616
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
65.29 3.78B 1.57B 180.20M 115.20M 3.12
Utilities - Diversified icon
SRE
Sempra
70.73 44.48B 13.19B 2.86B -3.31B 4.42
Utilities - Diversified icon
BIP
Brookfield Infrastructure Partners L P
29.64 13.76B 20.57B 151.00M 67.00M -0.38
Utilities - Diversified icon
AES
Aes Corp
11.90 8.47B 12.28B 1.03B -5.71B 1.44
Utilities - Diversified icon
ELPC
Cia Paranaense De Energia Copel Adr
6.93 5.15B 4.21B 518.11M -157.01M 0.695
Utilities - Diversified icon
CIG
Cia Energetica De Minas Gerais Cemig Adr
1.77 5.06B 7.50B 1.53B 945.40M 0.5343

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
Apr 02, 2025

Corebridge Financial Inc. Sells 5,025 Shares of ALLETE, Inc. (NYSE:ALE) - MarketBeat

Apr 02, 2025
pulisher
Mar 29, 2025

How Hormel Foods, ALLETE, And Alliant Energy Can Put Cash In Your Pocket - Benzinga

Mar 29, 2025
pulisher
Mar 28, 2025

(ALE) Investment Report - news.stocktradersdaily.com

Mar 28, 2025
pulisher
Mar 27, 2025

Stakeholders oppose sale of Minnesota Power parent company - The Timberjay

Mar 27, 2025
pulisher
Mar 26, 2025

Wells Fargo Keeps Their Hold Rating on Allete (ALE) - The Globe and Mail

Mar 26, 2025
pulisher
Mar 25, 2025

New Energy Equity's Lift as We Climb Foundation Donates $100,000 to Civic Works to Expand Solar Access in Baltimore - MarketScreener

Mar 25, 2025
pulisher
Mar 17, 2025

(ALE) Pivots Trading Plans and Risk Controls - news.stocktradersdaily.com

Mar 17, 2025
pulisher
Mar 17, 2025

ALLETE’s $6B+ proposed buyout receives approval from Wisconsin regulators - Daily Energy Insider

Mar 17, 2025
pulisher
Mar 14, 2025

Wisconsin Utilities Regulator Approves ALLETE Privatization - Rigzone News

Mar 14, 2025
pulisher
Mar 14, 2025

Wisconsin regulators approve takeover of Allete - Duluth News Tribune

Mar 14, 2025
pulisher
Mar 14, 2025

Charles Schwab Investment Management Inc. Purchases 20,245 Shares of ALLETE, Inc. (NYSE:ALE) - Defense World

Mar 14, 2025
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Mar 13, 2025

Wisconsin Regulators Approve Proposed ALLETE Transaction With Canada Pension Plan Investment Board and Global Infrastructure Partners - Marketscreener.com

Mar 13, 2025
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Mar 13, 2025

Allete announces PSCW approves Canada Pension Plan Investment Board transaction - TipRanks

Mar 13, 2025
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Mar 13, 2025

ALLETE Secures Critical Wisconsin Approval for $6.2B Infrastructure Buyout - StockTitan

Mar 13, 2025
pulisher
Mar 12, 2025

ALLETE promotes Jeff Scissons to finance chief - MSN

Mar 12, 2025
pulisher
Mar 11, 2025

ALLETE appoints new CFO as company transitions By Investing.com - Investing.com Australia

Mar 11, 2025
pulisher
Mar 11, 2025

Allete Appoints Jeffrey Scissons as New CFO - TipRanks

Mar 11, 2025
pulisher
Mar 11, 2025

Allete Promotes Jeff Scissons As CFO - Nasdaq

Mar 11, 2025
pulisher
Mar 11, 2025

ALLETE appoints new CFO as company transitions - Investing.com

Mar 11, 2025
pulisher
Mar 11, 2025

ALLETE Promotes Corporate Treasurer Jeff Scissons to CFO -March 11, 2025 at 07:01 am EDT - Marketscreener.com

Mar 11, 2025
pulisher
Mar 11, 2025

ALLETE Names Jeff Scissons Chief Financial Officer -March 11, 2025 at 06:31 am EDT - Marketscreener.com

Mar 11, 2025
pulisher
Mar 11, 2025

ALLETE Names Jeff Scissons Chief Financial Officer - Business Wire

Mar 11, 2025
pulisher
Mar 10, 2025

Bank of New York Mellon Corp Sells 294,620 Shares of ALLETE, Inc. (NYSE:ALE) - Defense World

Mar 10, 2025
pulisher
Mar 08, 2025

ALLETE, Inc. (NYSE:ALE) Shares Sold by Mutual of America Capital Management LLC - Defense World

Mar 08, 2025
pulisher
Mar 07, 2025

(ALE) Proactive Strategies - news.stocktradersdaily.com

Mar 07, 2025
pulisher
Mar 06, 2025

New Energy Equity Partners with Harlem Consolidated School District on 5.54 MWdc Community Solar Project - Quantisnow

Mar 06, 2025
pulisher
Mar 06, 2025

Minnesota Power files IRP — including shutdown of coal plants — with state regulators - NewsBreak

Mar 06, 2025
pulisher
Mar 05, 2025

ALLETE, Inc. Reports Decline in 2024 Earnings - TipRanks

Mar 05, 2025
pulisher
Mar 04, 2025

Y Intercept Hong Kong Ltd Makes New Investment in ALLETE, Inc. (NYSE:ALE) - Defense World

Mar 04, 2025
pulisher
Mar 04, 2025

Truist Financial Corp Sells 589 Shares of ALLETE, Inc. (NYSE:ALE) - Defense World

Mar 04, 2025
pulisher
Feb 28, 2025

Discussions around the impact of Blackrock’s potential buyout of ALLETE/Minnesota Power - WDIO.com

Feb 28, 2025
pulisher
Feb 27, 2025

ALLETE, Inc. to Host Earnings Call - ACCESS Newswire

Feb 27, 2025
pulisher
Feb 27, 2025

How Fifth Third Bancorp, ALLETE, And S&T Bancorp Can Put Cash In Your Pocket - Benzinga

Feb 27, 2025
pulisher
Feb 24, 2025

(ALE) Trading Report - Stock Traders Daily

Feb 24, 2025
pulisher
Feb 23, 2025

Rhumbline Advisers Has $13.58 Million Position in ALLETE, Inc. (NYSE:ALE) - Defense World

Feb 23, 2025
pulisher
Feb 21, 2025

ALLETE (NYSE:ALE) Releases Quarterly Earnings Results, Misses Expectations By $0.15 EPS - MarketBeat

Feb 21, 2025
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Feb 18, 2025

ALLETE, Inc. (NYSE:ALE) Stock Position Raised by Congress Asset Management Co. - MarketBeat

Feb 18, 2025
pulisher
Feb 18, 2025

Rep. Julie Johnson Sells Off Shares of ALLETE, Inc. (NYSE:ALE) - MarketBeat

Feb 18, 2025
pulisher
Feb 17, 2025

ALLETE (NYSE:ALE) Sets New 12-Month HighShould You Buy? - MarketBeat

Feb 17, 2025
pulisher
Feb 16, 2025

ABC Arbitrage SA Takes $3.20 Million Position in ALLETE, Inc. (NYSE:ALE) - MarketBeat

Feb 16, 2025
pulisher
Feb 14, 2025

ALLETE (ALE) Expected to Announce Earnings on Tuesday - MarketBeat

Feb 14, 2025
pulisher
Feb 14, 2025

Rep. Julie Johnson Sells ALLETE, Inc. (NYSE:ALE) Stock - Defense World

Feb 14, 2025
pulisher
Feb 14, 2025

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

Feb 14, 2025
pulisher
Feb 13, 2025

Allete: Q4 Earnings Snapshot - mySA

Feb 13, 2025
pulisher
Feb 13, 2025

ALLETE, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2024 - Marketscreener.com

Feb 13, 2025
pulisher
Feb 13, 2025

ALLETE, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2024 - Marketscreener.com

Feb 13, 2025
pulisher
Feb 13, 2025

One Oklahoma wind farm operator recorded hit in revenue - OK Energy Today

Feb 13, 2025
pulisher
Feb 13, 2025

Allete: Q4 Earnings Snapshot -February 13, 2025 at 06:48 am EST - Marketscreener.com

Feb 13, 2025
pulisher
Feb 13, 2025

Earnings Flash (ALE) ALLETE Posts Q4 EPS $0.87 -February 13, 2025 at 06:42 am EST - Marketscreener.com

Feb 13, 2025

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 AQN
$5.10
price down icon 2.30%
utilities_diversified NWE
$58.10
price down icon 1.36%
utilities_diversified AVA
$42.38
price down icon 0.12%
utilities_diversified CIG
$1.77
price up icon 2.91%
$6.93
price up icon 2.51%
Cap:     |  Volume (24h):