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Market Cap 3.71B P/E 17.76 EPS this Y 17.00% Ern Qtrly Grth 22.10%
Income 199.5M Forward P/E 16.45 EPS next Y 4.50% 50D Avg Chg 15.00%
Sales 1.54B PEG 2.01 EPS past 5Y -0.70% 200D Avg Chg 8.00%
Dividend 4.00% Price/Book 1.38 EPS next 5Y 8.70% 52W High Chg -5.00%
Recommedations 2.40 Quick Ratio 0.23 Shares Outstanding 57.16M 52W Low Chg 36.00%
Insider Own 0.38% ROA 1.46% Shares Float 56.97M Beta 0.74
Inst Own 78.91% ROE 4.60% Shares Shorted/Prior 0.94M/1.36M Price 64.99
Gross Margin 29.91% Profit Margin 12.92% Avg. Volume 364,084 Target Price 62.86
Oper. Margin 9.96% Earnings Date Feb 14 Volume 263,602 Change -1.25%
Allete, Inc. News
12/05/22 ALE vs. HE: Which Stock Should Value Investors Buy Now?
11/30/22 Reasons to Add ALLETE (ALE) to Your Portfolio Right Now
11/29/22 Allete (ALE) Is Up 2.97% in One Week: What You Should Know
11/21/22 An excellent week for ALLETE, Inc.'s (NYSE:ALE) institutional owners who own 79% as one-year returns inch higher
11/17/22 ALE or HE: Which Is the Better Value Stock Right Now?
11/13/22 10 Best Dividend Stocks With Over 10 Years of Dividend Increases
11/10/22 Minnesota Power Ready to Move Next Phase of EnergyForward Following MPUC Approval of Resource Plan
11/09/22 Allete (ALE) Q3 Earnings Miss Estimates
11/09/22 ALLETE, Inc. Reports Third Quarter Earnings; Expects 2022 Earnings Near Mid-Point of $3.60 - $3.90 Per Share Range
11/08/22 10 Best Safe Dividend Stocks for Retirement Portfolios
11/07/22 Minnesota Power Advances Clean-Energy Future by Increasing Targets for Renewable Energy Resources Under Its EnergyForward Plan
11/07/22 NiSource (NI) Q3 Earnings Miss Estimates
11/04/22 New Energy Equity announces promotions of executive leadership team
11/04/22 ALLETE (NYSE:ALE) Is Reinvesting At Lower Rates Of Return
11/04/22 Dominion Energy (D) Surpasses Q3 Earnings and Revenue Estimates
10/31/22 PSEG (PEG) Beats Q3 Earnings and Revenue Estimates
10/28/22 ALLETE Board of Directors declares dividend on common stock
10/12/22 Zacks.com featured highlights include Terns Pharmaceuticals, AllianceBernstein Holding and ALLETE
10/11/22 3 Stocks for Higher Returns as New Analysts Initiate Coverage

ALLETE, Inc. operates as an energy company. The company operates through Regulated Operations, ALLETE Clean Energy, and Corporate and Other segments. It generates electricity from coal-fired, biomass co-fired / natural gas, hydroelectric, wind, and solar. The company provides regulated utility electric 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 15 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 1,000 megawatts of wind energy generation facility. Further, it is involved in the coal mining operations in North Dakota; and real estate investment activities in Florida. The company owns and operates 158 substations with a total capacity of 10,066 megavolt amperes. It serves taconite mining, paper, pulp and secondary wood products, pipeline, and other industries. The company was formerly known as Minnesota Power, Inc. and changed its name to ALLETE, Inc. in May 2001. ALLETE, Inc. was incorporated in 1906 and is headquartered in Duluth, Minnesota.

ALE Chatroom

User Image MarketBeat Posted - 11 hours ago

ALLETE upgraded by TheStreet to b-. https://www.marketbeat.com/r/1860370 $ALE

User Image tickeron Posted - 3 days ago

$ALE vs. $BFS: what will be the best investment? #ALLETE https://srnk.us/go/4202871

User Image BidaskBot Posted - 11/30/22

Allete $ALE BidaskScore is Upgraded to Bought https://bidaskclub.com/news/company/2022-11-29/ALE

User Image SweepCast Posted - 11/28/22

@SweepCast Unusual Options Observed: $ALE with our scanner on $70 CALL Expiring: 01-20-2023 worth 60KπŸ‚ ⬅️ Use this in real-time with @SweepCast - See Profile for More Info πŸ†

User Image SweepCast Posted - 11/28/22

@SweepCast Unusual Options Observed: $ALE with our scanner on $70 CALL Expiring: 01-20-2023 worth 60KπŸ‚ ⬅️ Use this in real-time with @SweepCast - See Profile for More Info πŸ†

User Image SweepCast Posted - 11/27/22

@SweepCast Unusual Options Observed: $ALE with our scanner on $70 CALL Expiring: 01-20-2023 worth 60KπŸ‚ ⬅️ Use this in real-time with @SweepCast - See Profile for More Info πŸ†

User Image SweepCast Posted - 11/27/22

@SweepCast Unusual Options Observed: $ALE with our scanner on $70 CALL Expiring: 01-20-2023 worth 60KπŸ‚ ⬅️ Use this in real-time with @SweepCast - See Profile for More Info πŸ†

User Image Will_allen Posted - 11/26/22

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User Image stockilluminati Posted - 11/26/22

$ALE https://www.stockilluminati.com/ale/news.php - Dividend Champion, Contender, And Challenger Highlights: Week Of November 27

User Image SweepCast Posted - 11/26/22

@SweepCast Unusual Options Observed: $ALE with our scanner on $70 CALL Expiring: 01-20-2023 worth 60KπŸ‚ ⬅️ Use this in real-time with @SweepCast - See Profile for More Info πŸ†

User Image SweepCast Posted - 11/26/22

@SweepCast Unusual Options Observed: $ALE with our scanner on $70 CALL Expiring: 01-20-2023 worth 60KπŸ‚ ⬅️ Use this in real-time with @SweepCast - See Profile for More Info πŸ†

User Image StockInvest_us Posted - 11/25/22

Signal alert: $ALE - Overvalued https://stockinvest.us/l/zI0nOrPVWT

User Image tickeron Posted - 11/24/22

If you have $ALE or $BFS in your portfolio, pay attention! #ALLETE https://srnk.us/go/4180979

User Image MarketBeat Posted - 11/23/22

ALLETE upgraded by StockNews.com to hold. https://www.marketbeat.com/r/1856294 $ALE

User Image stockilluminati Posted - 11/17/22

$ALE ALE was upgraded at 2022-11-17 15:13:36. Check current upgrades/downgrades here - https://www.stockilluminati.com/#ratings

User Image MarketBeat Posted - 11/17/22

ALLETE upgraded by JPMorgan Chase & Co. to neutral. $65.00 PT. https://www.marketbeat.com/r/1853712 $ALE

User Image Quantisnow Posted - 11/17/22

$ALE πŸ“‹ Allete upgraded by JP Morgan with a new price target https://quantisnow.com/i/3700485?utm_source=stocktwits 45 seconds delayed.

User Image stocktargetadvisors Posted - 11/17/22

$ALE latest rating from JP Morgan and Company on 2022-11-17, setting target price at: USD 65.00 with a rating of Neutral. The average analyst target price isUSD 59.50. StockTargetAdvisor's own view is Slightly Bearish. Details: https://www.stocktargetadvisor.com/stock/USA/NYE/ALE

User Image Newsfilter Posted - 11/17/22

$ALE JP Morgan analyst Richard Sunderland upgrades ALLETE from Underweight to Neutral and announces $65 price target.

User Image LeviTrade Posted - 11/15/22

$ALE Bullish technical pattern building based on 3 signals. Accuracy Rating 71%.

User Image mrkts Posted - 11/14/22

BofA Securities $BAC Upgraded Shares of $ALE from Neutral to Buy - Here's the Details! https://mrkts.com/stocks/utilities/bofa-securities-upgrades-allete-stock-from-neutral-to-buy/

User Image STCKPRO Posted - 11/14/22

$ALE NEW ARTICLE : Allete upped to Buy at BofA, which sees capital spending update lifting shares https://www.stck.pro/news/ALE/37527619

User Image stocktargetadvisors Posted - 11/14/22

$ALE latest rating from Bank of America Securities on 2022-11-14, setting target price at: USD 66.00 with a rating of Buy. StockTargetAdvisor's own view is Bearish with an average target price of USD 59.63. Details: https://www.stocktargetadvisor.com/stock/USA/NYE/ALE

User Image Newsfilter Posted - 11/14/22

$ALE B of A Securities analyst Julien Dumoulin-Smith upgrades ALLETE from Neutral to Buy and raises the price target from $53 to $66.

User Image MarketBeat Posted - 11/14/22

ALLETE upgraded by Bank of America Co. to buy. https://www.marketbeat.com/r/1851427 $ALE

User Image Quantisnow Posted - 11/14/22

$ALE πŸ“‹ Allete upgraded by BofA Securities with a new price target https://quantisnow.com/i/3674282?utm_source=stocktwits 45 seconds delayed.

User Image tickeron Posted - 11/13/22

Bulls or bears - who will win? $ALE in Uptrend: RSI indicator stops in overbought zone for 1 day. View odds for this and other indicators: https://srnk.us/go/4150688

User Image MarketBeat Posted - 11/12/22

ALLETE upgraded by StockNews.com to hold. https://www.marketbeat.com/r/1850687 $ALE

User Image fla Posted - 11/11/22

$ALE [15s. delayed, acc.~90%, always check] Earnings Release 2022-08-03T10:30:00: Q2: Revenue $373.10M. https://s.flashalert.me/6Q0uF

User Image fla Posted - 11/11/22

$ALE [15s. delayed, acc.~90%, always check] Earnings Release 2022-05-05T10:30:00: Q1: Revenue $383.50M. https://s.flashalert.me/Y6hrx9

Analyst Ratings
JP Morgan Neutral Nov 17, 22
B of A Securities Buy Nov 14, 22
Wells Fargo Equal-Weight Oct 19, 22
Mizuho Neutral Oct 3, 22
Mizuho Neutral Sep 16, 22
B of A Securities Neutral May 25, 22
Mizuho Neutral Mar 2, 22
Wells Fargo Equal-Weight Apr 28, 21
Guggenheim Neutral Jan 21, 21