64.36
price up icon0.00%   0.00
after-market After Hours: 64.34 -0.02 -0.03%
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Allete Inc stock is traded at $64.36, with a volume of 250.18K. It is up +0.00% in the last 24 hours and up +0.96% 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:
$64.36
Open:
$64.25
24h Volume:
250.18K
Relative Volume:
0.84
Market Cap:
$3.72B
Revenue:
$1.54B
Net Income/Loss:
$221.10M
P/E Ratio:
14.93
EPS:
4.31
Net Cash Flow:
$145.50M
1W Performance:
+0.23%
1M Performance:
+0.96%
6M Performance:
+9.29%
1Y Performance:
+18.59%
1-Day Range:
Value
$64.25
$64.48
1-Week Range:
Value
$63.81
$64.48
52-Week Range:
Value
$52.14
$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
1,646
Name
Twitter
@allete_inc
Name
Next Earnings Date
2024-10-30
Name
Latest SEC Filings
Name
ALE's Discussions on Twitter

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
07:50 AM

Minnesota Power’s grid investments cheered by energy leaders, state & federal officials - Daily Energy Insider

07:50 AM
pulisher
Oct 09, 2024

Creative Planning Increases Holdings in ALLETE, Inc. (NYSE:ALE) - MarketBeat

Oct 09, 2024
pulisher
Oct 08, 2024

Mackenzie Financial Corp Lowers Position in ALLETE, Inc. (NYSE:ALE) - MarketBeat

Oct 08, 2024
pulisher
Oct 08, 2024

How to Take Advantage of moves in (ALE) - Stock Traders Daily

Oct 08, 2024
pulisher
Oct 07, 2024

ALLETE to Announce Third Quarter Financial Results October 30 - Marketscreener.com

Oct 07, 2024
pulisher
Oct 06, 2024

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

Oct 06, 2024
pulisher
Oct 04, 2024

ALLETE to Announce Third Quarter Financial Results October 30 - Yahoo Finance

Oct 04, 2024
pulisher
Oct 03, 2024

Thrivent Financial for Lutherans Has $1.75 Million Stake in ALLETE, Inc. (NYSE:ALE) - MarketBeat

Oct 03, 2024
pulisher
Oct 02, 2024

Cold Weather Rule goes into effect Oct. 1 - Brainerd Dispatch

Oct 02, 2024
pulisher
Oct 02, 2024

Bank of Montreal Can Grows Position in ALLETE, Inc. (NYSE:ALE) - MarketBeat

Oct 02, 2024
pulisher
Oct 01, 2024

ALLETE (NYSE:ALE) Raised to Strong-Buy at Sidoti - MarketBeat

Oct 01, 2024
pulisher
Oct 01, 2024

Millennium Management LLC Increases Position in ALLETE, Inc. (NYSE:ALE) - MarketBeat

Oct 01, 2024
pulisher
Sep 30, 2024

185,776 Shares in ALLETE, Inc. (NYSE:ALE) Acquired by Water Island Capital LLC - MarketBeat

Sep 30, 2024
pulisher
Sep 29, 2024

Squarepoint Ops LLC Purchases Shares of 162,966 ALLETE, Inc. (NYSE:ALE) - MarketBeat

Sep 29, 2024
pulisher
Sep 27, 2024

Minnesota Power details plans for two solar projects in northern part of state - Daily Energy Insider

Sep 27, 2024
pulisher
Sep 27, 2024

(ALE) Technical Pivots with Risk Controls - Stock Traders Daily

Sep 27, 2024
pulisher
Sep 27, 2024

Allete planned takeover by PE firms gets China approval - MSN

Sep 27, 2024
pulisher
Sep 26, 2024

Point72 Hong Kong Ltd Invests $1.16 Million in ALLETE, Inc. (NYSE:ALE) - MarketBeat

Sep 26, 2024
pulisher
Sep 25, 2024

ProShare Advisors LLC Has $7.83 Million Position in ALLETE, Inc. (NYSE:ALE) - MarketBeat

Sep 25, 2024
pulisher
Sep 24, 2024

Minnesota Power announces plans for two solar projects in northern Minnesota - KSTP

Sep 24, 2024
pulisher
Sep 24, 2024

Skandinaviska Enskilda Banken AB publ Invests $1.87 Million in ALLETE, Inc. (NYSE:ALE) - MarketBeat

Sep 24, 2024
pulisher
Sep 24, 2024

Minnesota Power Announces Two Large Solar Projects Totaling Over 200 MW in Northern Minnesota - SolarQuarter

Sep 24, 2024
pulisher
Sep 24, 2024

ALLETE unit to grow Minnesota fleet with 200 MW of fresh solar - Renewables Now

Sep 24, 2024
pulisher
Sep 23, 2024

Minnesota Power announces plans for two solar projects in northern Minnesota - WDIO

Sep 23, 2024
pulisher
Sep 23, 2024

Allete to build two large solar projects in northern Minnesota (NYSE:ALE) - Seeking Alpha

Sep 23, 2024
pulisher
Sep 23, 2024

Minnesota Power plans two large solar projects in northern Minnesota as part of its EnergyForward strategy for carbon-free energy - Business Wire

Sep 23, 2024
pulisher
Sep 23, 2024

Gabelli Funds LLC Boosts Stock Holdings in ALLETE, Inc. (NYSE:ALE) - MarketBeat

Sep 23, 2024
pulisher
Sep 21, 2024

Mutual of America Capital Management LLC Buys 50,361 Shares of ALLETE, Inc. (NYSE:ALE) - MarketBeat

Sep 21, 2024
pulisher
Sep 20, 2024

Allete takeover will get a recommendation from Minnesota PUC's ALJ by July 15 - MSN

Sep 20, 2024
pulisher
Sep 20, 2024

Federated Hermes Inc. Sells 10,368 Shares of ALLETE, Inc. (NYSE:ALE) - MarketBeat

Sep 20, 2024
pulisher
Sep 20, 2024

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

Sep 20, 2024
pulisher
Sep 19, 2024

Allete takeover will get a recommendation from Minnesota PUC's ALJ by July 15 - Seeking Alpha

Sep 19, 2024
pulisher
Sep 17, 2024

New Energy Equity achieves Gold Certification for advancements on DEIJ issues – Company Announcement - Financial Times

Sep 17, 2024
pulisher
Sep 17, 2024

New Energy Equity achieves Gold Certification for advancements on DEIJ issues - Yahoo Finance

Sep 17, 2024
pulisher
Sep 16, 2024

Minnesota Power selected to receive more than $3 million in federal hydro funding to improve grid resilience and enhance dam safety - Energy Central

Sep 16, 2024
pulisher
Sep 16, 2024

(ALE) Trading Advice - Stock Traders Daily

Sep 16, 2024
pulisher
Sep 16, 2024

Alpine Associates Management Inc. Buys Shares of 352,600 ALLETE, Inc. (NYSE:ALE) - MarketBeat

Sep 16, 2024
pulisher
Sep 15, 2024

WINTON GROUP Ltd Makes New Investment in ALLETE, Inc. (NYSE:ALE) - MarketBeat

Sep 15, 2024
pulisher
Sep 14, 2024

How Philip Morris, ALLETE And Ameren Can Put Cash In Your Pocket - Benzinga

Sep 14, 2024
pulisher
Sep 14, 2024

Inspire Advisors LLC Invests $1.80 Million in ALLETE, Inc. (NYSE:ALE) - MarketBeat

Sep 14, 2024
pulisher
Sep 14, 2024

How Philip Morris, ALLETE And Ameren Can Put Cash In Your Pocket - Yahoo Finance

Sep 14, 2024
pulisher
Sep 12, 2024

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

Sep 12, 2024
pulisher
Sep 09, 2024

Appeals court decision could fuel higher Northland electric rates - Duluth News Tribune

Sep 09, 2024
pulisher
Sep 09, 2024

Trium Capital LLP Invests $1.92 Million in ALLETE, Inc. (NYSE:ALE) - MarketBeat

Sep 09, 2024
pulisher
Sep 06, 2024

ALLETE (FRA:AEBA) Total Inventories : €171 Mil (As of Jun. 2024) - GuruFocus.com

Sep 06, 2024
pulisher
Sep 06, 2024

Principal Financial Group Inc. Sells 47,697 Shares of ALLETE, Inc. (NYSE:ALE) - MarketBeat

Sep 06, 2024
pulisher
Sep 04, 2024

Wolverine Asset Management LLC Invests $2.14 Million in ALLETE, Inc. (NYSE:ALE) - MarketBeat

Sep 04, 2024
pulisher
Sep 04, 2024

ALLETE (NYSE:ALE) Receives New Coverage from Analysts at StockNews.com - MarketBeat

Sep 04, 2024
pulisher
Aug 30, 2024

Minnesota Attorney General, others concerned over possible Allete sale - Duluth News Tribune

Aug 30, 2024
pulisher
Aug 29, 2024

Superior committee takes no action on Nemadji Trail Energy Center claim - Superior Telegram

Aug 29, 2024
pulisher
Aug 27, 2024

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

Aug 27, 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
$55.11
price up icon 1.17%
$76.94
price up icon 1.72%
utilities_diversified AVA
$37.58
price up icon 1.22%
$6.31
price down icon 2.47%
utilities_diversified ELP
$7.08
price down icon 1.53%
Cap:     |  Volume (24h):