ALE Stock Performance, Insider Transaction and News

ALE - Allete, Inc.

Market Cap	3.30B	P/E	18.23	EPS this Y	-13.30%	Ern Qtrly Grth	-35.90%
Income	221.1M	Forward P/E	14.22	EPS next Y	8.80%	50D Avg Chg	-2.00%
Sales	1.54B	PEG	2.13	EPS past 5Y	1.49%	200D Avg Chg	-6.00%
Dividend	5.00%	Price/Book	1.22	EPS next 5Y	8.10%	52W High Chg	-15.00%
Recommedations	2.60	Quick Ratio	0.57	Shares Outstanding	57.75M	52W Low Chg	21.00%
Insider Own	0.27%	ROA	1.60%	Shares Float	57.55M	Beta	0.79
Inst Own	77.12%	ROE	4.65%	Shares Shorted/Prior	1.05M/1.06M	Price	57.60
Gross Margin	31.06%	Profit Margin	14.36%	Avg. Volume	272,679	Target Price	64.47
Oper. Margin	9.34%	Earnings Date	Oct 31	Volume	274,120	Change	1.11%

Utilities | Utilities - Diversified | United States

About Allete, Inc.

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. In addition, 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 150,000 retail customers and 14 non-affiliated municipal customers. Further, it owns and maintains electric transmission assets in Wisconsin, Michigan, Minnesota, and Illinois. Additionally, the company focuses on developing, acquiring, and operating clean and renewable energy projects; and owns and operates approximately 1,200 megawatts of wind energy generation facility, as well as involved in the coal mining operations in North Dakota; and real estate investment activities in Florida. It owns and operates 162 substations with a total capacity of 9,980 megavolt amperes. The company 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.

Allete, Inc. News

12/19/24	ALLETE receives FERC approval for proposed transaction with Canada Pension Plan Investment Board and Global Infrastructure Partners
12/12/24	NorthWestern Energy to Participate in Regional Transmission Projects
12/11/24	Why Exxon Mobil, Brookfield Infrastructure Partners And ALLETE Are Winners For Passive Income
11/19/24	ALLETE Clean Energy has fully recontracted Armenia Mountain Wind
11/13/24	Is ALLETE, Inc. (ALE) Among The Top Dividend Contenders Right Now?
10/30/24	Allete: Q3 Earnings Snapshot
10/30/24	ALLETE, Inc. reports third quarter 2024 earnings
10/29/24	ALLETE Clean Energy Announces Sale of Wisconsin Wind Site
10/25/24	ALLETE Board of Directors declares dividend on common stock
11:48 AM	Minnesota Power’s Agreement With Stakeholders on Lower Rate Increase Approved by Minnesota Public Utilities Commission
10/17/24	New Energy Equity completes development of 14 Public Storage projects in Minnesota
09/23/24	Minnesota Power plans two large solar projects in northern Minnesota as part of its EnergyForward strategy for carbon-free energy
09/17/24	New Energy Equity achieves Gold Certification for advancements on DEIJ issues
09/14/24	How Philip Morris, ALLETE And Ameren Can Put Cash In Your Pocket
08/21/24	ALLETE shareholders approve proposed transaction with Canada Pension Plan Investment Board and Global Infrastructure Partners
08/21/24	Should WisdomTree U.S. SmallCap Dividend ETF (DES) Be on Your Investing Radar?
08/11/24	3 Stock With Consistent Hikes, Offering Over 3% Dividend Yield: Edison International, ALLETE, And Clorox
08/06/24	ALLETE applauds $700 million federal grant for Montana and North Plains Connector transmission project
08/01/24	Allete: Q2 Earnings Snapshot
08/01/24	ALLETE, Inc. reports second quarter 2024 earnings

ALE Chatroom

NVDAMillionaire Posted - 15 hours ago

$ALE ALLETE, Inc. (ALE): A Resilient Utility Navigating the Clean Energy Transition https://beyondspx.com/article/allete-inc-ale-a-resilient-utility-navigating-the-clean-energy-transition

UncleStock Posted - 5 days ago

$NEP $TLN $AGR $ALE suggested for Electricity - value screen: https://zpr.io/HKQYL

UncleStock Posted - 1 week ago

$NEP $TLN $AGR $ALE suggested for Electricity - value screen: https://zpr.io/HKQYL

DJ_JizzyJef_n_FleshPrinz Posted - 11/30/24

$BREA $ALE scales power, $BREA scales wins.

tradingjunk321 Posted - 11/27/24

Just remember everyone, Friday is Black Friday, get your CRVS on sale now! It won’t be under $10 very long!!! Look at it as a $ale $9.99!

UncleStock Posted - 11/26/24

$NEP $TLN $AGR $ALE suggested for Electricity - value screen: https://zpr.io/HKQYL

UncleStock Posted - 1 month ago

$NEP $TLN $AGR $ALE suggested for Electricity - value screen: https://zpr.io/HKQYL

KRich_ Posted - 1 month ago

💥 Boom 🚨 Big news! LFGOOOOOO! Mainz Biomed MYNZ has teamed up with Thermo Fisher TMO (mkt cap $209.2B, trading at ~$546.92) to develop a next-gen colorectal cancer screening tool for global markets. Thermo Fisher’s $42.4B annual revenue and advanced tech will boost MYNZ’s mRNA-based assays, hitting 85% detection for advanced adenomas vs. competitors’ 43% and 20%. With CRC cases up 500% in young people, MYNZ is leading early detection. Win-win for both sides — TMO stepping into the CRC market too. Big developments ahead! Calling all apes, let's crush these shorties—this time is bull time. Insane news, we've been waiting for!!! $ALE $SR

briefingcom Posted - 10/29/24

$ALE: Allete Clean Energy subsidiary announces sale of the Whitetail wind project in southwestern Wisconsin to Invenergy

Estimize Posted - 10/28/24

Wall St is expecting 1.02 EPS for $ALE Q3 [Reporting 10/30 BMO] http://www.estimize.com/intro/ale?chart=historical&metric_name=eps&utm_cont

WeeklyTrader Posted - 2 months ago

Are we in trouble with $ALE? RSI: 49.01% 50-day MA: $63.88 200-day MA: $61.59

WeeklyTrader Posted - 2 months ago

What’s your strategy for $ALE? RSI: 60.1% 50-day MA: $63.85 200-day MA: $61.52

SideStepper Posted - 2 months ago

$DRS $ale

UncleStock Posted - 2 months ago

$OTTR $TLN $NEP $ALE suggested for Electricity - value screen: https://zpr.io/HKQYL

Stock_Titan Posted - 3 months ago

$ALE New Energy Equity achieves Gold Certification for advancements on DEIJ issues https://www.stocktitan.net/news/ALE/new-energy-equity-achieves-gold-certification-for-advancements-on-hysdq1zaywwp.html

Beanie_Mojo Posted - 3 months ago

$MU MU 4 $ale Cheapies, !

jmichaels Posted - 3 months ago

$MNKD Wall Street $ale "BTFD" Added to long position!

Mergerbrief Posted - 4 months ago

$ALE / Global Infrastructure Management LLC - Shareholder Vote $ALE MergerBrief.com Sign Up For Full Sched.

Stock_Titan Posted - 4 months ago

$ALE ALLETE applauds $700 million federal grant for Montana and North Plains Connector transmission project https://www.stocktitan.net/news/ALE/allete-applauds-700-million-federal-grant-for-montana-and-north-sbw9c94re1hm.html

UncleStock Posted - 4 months ago

$OTTR $ALE $NEP $AGR suggested for Electricity - value screen: https://zpr.io/HKQYL

epsguid Posted - 4 months ago

$ALE reported earnings of $0.57 via @eWhispers http://eps.sh/d/ale

Stock_Titan Posted - 4 months ago

$ALE ALLETE, Inc. reports second quarter 2024 earnings https://www.stocktitan.net/news/ALE/allete-inc-reports-second-quarter-2024-jzniz8c7iixe.html

NVDAMillionaire Posted - 07/31/24

$ALE ALLETE (ALE): A Utility Powerhouse Driving the Clean Energy Transition http://beyondspx.com/2024/07/30/allete-ale-a-utility-powerhouse-driving-the-clean-energy-transition/

UncleStock Posted - 5 months ago

$OTTR $ALE $AGR $NEP suggested for Electricity - value screen: https://zpr.io/HKQYL

Stock_Titan Posted - 5 months ago

$ALE ALLETE to Announce Second Quarter Financial Results August 1 https://www.stocktitan.net/news/ALE/allete-to-announce-second-quarter-financial-results-august-ki6raa9ioqag.html

UncleStock Posted - 5 months ago

$OTTR $ALE $AGR $NEP suggested for Electricity - value screen: https://zpr.io/HKQYL

UncleStock Posted - 5 months ago

$OTTR $ALE $AGR $NEP suggested for Electricity - value screen: https://zpr.io/HKQYL

UncleStock Posted - 5 months ago

$OTTR $ALE $AGR $NEP suggested for Electricity - value screen: https://zpr.io/HKQYL

UncleStock Posted - 06/28/24

$OTTR $ALE $AGR $NEP suggested for Electricity - value screen: https://zpr.io/HKQYL

UncleStock Posted - 6 months ago

$OTTR $ALE $AGR $NEP suggested for Electricity - value screen: https://zpr.io/HKQYL

Analyst Ratings

Mizuho	Neutral	May 16, 24
Wells Fargo	Equal-Weight	Feb 21, 24
Guggenheim	Neutral	Jan 22, 24
Sidoti & Co.	Neutral	Jan 10, 24
Mizuho	Neutral	Jul 21, 23
Guggenheim	Sell	Jul 7, 23
B of A Securities	Underperform	Jun 27, 23
B of A Securities	Neutral	May 5, 23
Sidoti & Co.	Buy	Apr 6, 23