Allete Inc (ALE)

$67.30 +0.09 (0.13%)
Market Cap 3.90B
Revenue (ttm) 1.53B
Net Income (ttm) 179.30M
EPS (ttm) N/A
PE Ratio 19.98
Forward PE N/A
Profit Margin 11.72%
Debt to Equity Ratio 0.59
Volume 813,579
Avg Vol 700,984
Day's Range N/A - N/A
Shares Out 58.04M
Stochastic %K 96%
Beta 0.83
Analysts Hold
Price Target $67.00

Company Profile

ALLETE, Inc. operates as an energy company. The company operates in two segments, Regulated Operations and ALLETE Clean Energy. It generates electricity from coal-fired, biomass co-fired/natural gas, hydro, wind, and solar. The company also provides regulated utility electric services in northeastern Minnesota to approximately 150,000 retail customers and 14 non-affiliated municipal customers in Minnesota; and regulated utility electric, natural gas, and water services in northwestern Wisconsin...

Industry: Utilities - Diversified
Sector: Utilities
Phone: 218 279 5000
Address:
30 West Superior Street, Duluth, United States
AStrokeOfLuck
AStrokeOfLuck Oct. 3 at 4:21 PM
$ALE
0 · Reply
Bullish_Trader555
Bullish_Trader555 Oct. 3 at 4:11 PM
$ALE Reportedly Blackrock's GIP wins approval to buy Minnesota utility Allete - $BLK
0 · Reply
Mergerbrief
Mergerbrief Sep. 25 at 12:19 PM
$ALE / Global Infrastructure Management LLC - MPUC Oral Arguments Begin MergerBrief.com Sign Up For Trial
0 · Reply
BidToBlack
BidToBlack Sep. 15 at 6:31 AM
$ALE Stable dividend/contract business; upside from operational efficiency
0 · Reply
ScalpWatcher
ScalpWatcher Aug. 23 at 5:15 AM
$ALE Utility company with regulated operations showing steady but slow growth
0 · Reply
TalkMarkets
TalkMarkets Jun. 15 at 4:01 PM
15 Highest Yielding Utility Stocks $ALE $AVA $BKH $D $ES https://talkmarkets.com/content/stocks--equities/15-highest-yielding-utility-stocks?post=502989
1 · Reply
UncleStock
UncleStock May. 30 at 6:09 AM
$XIFR $MGEE $ALE suggested for Electricity - value screen: https://zpr.io/HKQYL
0 · Reply
G101SPM
G101SPM May. 21 at 7:39 PM
#SHOWTIME ^ Home Depot, Inc. Annual General Meeting (May 22) Scheduled to appear: $HD ^ Verizon Communications Inc. Annual General Meeting (May 22) Scheduled to appear: $VZ ^ ServiceNow, Inc. Annual General Meeting (May 22) Scheduled to appear: $NOW ^ mBank Spring Conference (May 22) Scheduled to appear: $ALE, $CPS
0 · Reply
UncleStock
UncleStock May. 9 at 6:01 AM
$XIFR $ALE $MGEE suggested for Electricity - value screen: https://zpr.io/HKQYL
0 · Reply
Estimize
Estimize May. 8 at 10:00 AM
$ALE reported - EPS and - revenue for Q1. http://www.estimize.com/intro/ale?chart=historical&metric_name=eps&utm_content=ALE&utm_medium=act
0 · Reply
Latest News on ALE
ALLETE Obtains Regulatory Approval from Minnesota Public Utilities Commission for Partnership with CPP Investments and Global Infrastructure Partners

Oct 3, 2025, 1:51 PM EDT - 3 days ago

ALLETE Obtains Regulatory Approval from Minnesota Public Utilities Commission for Partnership with CPP Investments and Global Infrastructure Partners

This Dividend Opportunity Is Disappearing Soon: Allete

Sep 24, 2025, 7:35 AM EDT - 13 days ago

This Dividend Opportunity Is Disappearing Soon: Allete

Allete: Merger Close Doubts Arise, But Buy Rating Maintained

Sep 4, 2025, 5:14 PM EDT - 4 weeks ago

Allete: Merger Close Doubts Arise, But Buy Rating Maintained

Allete quarterly profit drops on higher operating, interest expense

Aug 7, 2025, 7:51 AM EDT - 2 months ago

Allete quarterly profit drops on higher operating, interest expense

ALLETE, Inc. Reports Second Quarter 2025 Earnings

Aug 7, 2025, 6:30 AM EDT - 2 months ago

ALLETE, Inc. Reports Second Quarter 2025 Earnings

ALLETE Board of Directors Declares Dividend on Common Stock

Jul 25, 2025, 6:30 AM EDT - 2 months ago

ALLETE Board of Directors Declares Dividend on Common Stock

ALLETE Announces Agreement with Minnesota Department of Commerce to Deliver Immediate Post-Closing Cost Savings and Substantial Benefits for Customers and Communities

Jul 11, 2025, 3:29 PM EDT - 3 months ago

ALLETE Announces Agreement with Minnesota Department of Commerce to Deliver Immediate Post-Closing Cost Savings and Substantial Benefits for Customers and Communities

ALLETE to Announce Second Quarter Financial Results August 07

Jul 10, 2025, 4:30 PM EDT - 3 months ago

ALLETE to Announce Second Quarter Financial Results August 07

Allete Shares Enter Oversold Territory

Jun 25, 2025, 4:15 PM EDT - 3 months ago

Allete Shares Enter Oversold Territory

ALLETE, Inc. Reports First Quarter 2025 Earnings

May 8, 2025, 6:30 AM EDT - 5 months ago

ALLETE, Inc. Reports First Quarter 2025 Earnings

ALLETE to Announce First Quarter Financial Results May 08

Apr 24, 2025, 6:30 AM EDT - 5 months ago

ALLETE to Announce First Quarter Financial Results May 08

ALLETE recognized for commitment to women in leadership roles

Apr 15, 2025, 4:00 PM EDT - 6 months ago

ALLETE recognized for commitment to women in leadership roles

New Energy Equity Announces Leadership Transition: Josh Kunkel to Succeed Matt Hankey as CEO

Apr 9, 2025, 4:30 PM EDT - 6 months ago

New Energy Equity Announces Leadership Transition: Josh Kunkel to Succeed Matt Hankey as CEO

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

Mar 25, 2025, 10:30 AM EDT - 6 months ago

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

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

Mar 13, 2025, 4:05 PM EDT - 7 months ago

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

ALLETE Names Jeff Scissons Chief Financial Officer

Mar 11, 2025, 6:30 AM EDT - 7 months ago

ALLETE Names Jeff Scissons Chief Financial Officer

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

Mar 6, 2025, 10:30 AM EST - 7 months ago

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

ALLETE, Inc. Reports 2024 Earnings

Feb 13, 2025, 6:30 AM EST - 8 months ago

ALLETE, Inc. Reports 2024 Earnings

Allete, Inc.: 11% Return Beats A Bank For Short-Term Idle Cash

Feb 7, 2025, 1:50 PM EST - 8 months ago

Allete, Inc.: 11% Return Beats A Bank For Short-Term Idle Cash

23 Upcoming Dividend Increases, Including 2 Kings

Feb 7, 2025, 10:18 AM EST - 8 months ago

23 Upcoming Dividend Increases, Including 2 Kings

AIT AMGN CHD CVX CWT EBTC FBIZ

ALLETE Board of Directors Raises Quarterly Common Stock Dividend

Jan 30, 2025, 6:30 AM EST - 8 months ago

ALLETE Board of Directors Raises Quarterly Common Stock Dividend

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

Jan 24, 2025, 6:45 AM EST - 9 months ago

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

ALLETE receives FERC approval for proposed transaction with Canada Pension Plan Investment Board and Global Infrastructure Partners

Dec 19, 2024, 5:00 PM EST - 10 months ago

ALLETE receives FERC approval for proposed transaction with Canada Pension Plan Investment Board and Global Infrastructure Partners

Puget Sound Energy signs on to largest share of North Plains Connector transmission project

Dec 9, 2024, 10:00 AM EST - 10 months ago

Puget Sound Energy signs on to largest share of North Plains Connector transmission project

ALLETE Clean Energy has fully recontracted Armenia Mountain Wind

Nov 19, 2024, 6:30 AM EST - 11 months ago

ALLETE Clean Energy has fully recontracted Armenia Mountain Wind

ALLETE, Inc. reports third quarter 2024 earnings

Oct 30, 2024, 6:30 AM EDT - 1 year ago

ALLETE, Inc. reports third quarter 2024 earnings

ALLETE Clean Energy Announces Sale of Wisconsin Wind Site

Oct 29, 2024, 10:06 AM EDT - 1 year ago

ALLETE Clean Energy Announces Sale of Wisconsin Wind Site

ALLETE Board of Directors declares dividend on common stock

Oct 25, 2024, 4:30 PM EDT - 1 year ago

ALLETE Board of Directors declares dividend on common stock

New Energy Equity completes development of 14 Public Storage projects in Minnesota

Oct 17, 2024, 9:16 AM EDT - 1 year ago

New Energy Equity completes development of 14 Public Storage projects in Minnesota

ALLETE to Announce Third Quarter Financial Results October 30

Oct 4, 2024, 6:30 AM EDT - 1 year ago

ALLETE to Announce Third Quarter Financial Results October 30

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

Sep 23, 2024, 11:02 AM EDT - 1 year ago

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

New Energy Equity achieves Gold Certification for advancements on DEIJ issues

Sep 17, 2024, 9:00 AM EDT - 1 year ago

New Energy Equity achieves Gold Certification for advancements on DEIJ issues

ALLETE shareholders approve proposed transaction with Canada Pension Plan Investment Board and Global Infrastructure Partners

Aug 21, 2024, 4:57 PM EDT - 1 year ago

ALLETE shareholders approve proposed transaction with Canada Pension Plan Investment Board and Global Infrastructure Partners

ALLETE applauds $700 million federal grant for Montana and North Plains Connector transmission project

Aug 6, 2024, 8:00 AM EDT - 1 year ago

ALLETE applauds $700 million federal grant for Montana and North Plains Connector transmission project

ALLETE, Inc. reports second quarter 2024 earnings

Aug 1, 2024, 6:30 AM EDT - 1 year ago

ALLETE, Inc. reports second quarter 2024 earnings

CORRECTING and REPLACING ALLETE Board of Directors Declares Dividend on Common Stock

Jul 26, 2024, 8:45 AM EDT - 1 year ago

CORRECTING and REPLACING ALLETE Board of Directors Declares Dividend on Common Stock

ALLETE to Announce Second Quarter Financial Results August 1

Jul 15, 2024, 11:53 AM EDT - 1 year ago

ALLETE to Announce Second Quarter Financial Results August 1

New Analysis Quantifies Capacity Benefits of Grid United and ALLETE's North Plains Connector Interregional Transmission Line

Jun 26, 2024, 9:00 AM EDT - 1 year ago

New Analysis Quantifies Capacity Benefits of Grid United and ALLETE's North Plains Connector Interregional Transmission Line

PGE joins Grid United and ALLETE in 3,000 megawatt east-west transmission line

May 28, 2024, 8:00 AM EDT - 1 year ago

PGE joins Grid United and ALLETE in 3,000 megawatt east-west transmission line

POR

ALLETE, Inc. reports first quarter 2024 earnings

May 9, 2024, 6:30 AM EDT - 1 year ago

ALLETE, Inc. reports first quarter 2024 earnings

ALLETE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of ALLETE, Inc. - ALE

May 7, 2024, 2:46 PM EDT - 1 year ago

ALLETE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of ALLETE, Inc. - ALE

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of ALLETE, Inc.

May 6, 2024, 7:01 PM EDT - 1 year ago

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of ALLETE, Inc.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates ALE, PRFT

May 6, 2024, 12:16 PM EDT - 1 year ago

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates ALE, PRFT

PRFT

US utility Allete goes private in $6.2 bln deal

May 6, 2024, 7:26 AM EDT - 1 year ago

US utility Allete goes private in $6.2 bln deal

Clean-energy producer Allete agrees to go private for $6.2 billion

May 6, 2024, 7:25 AM EDT - 1 year ago

Clean-energy producer Allete agrees to go private for $6.2 billion

ALLETE Enters Agreement to be Acquired by a Partnership Led by Canada Pension Plan Investment Board and Global Infrastructure Partners to Advance ‘Sustainability-in-Action' Strategy

May 6, 2024, 7:03 AM EDT - 1 year ago

ALLETE Enters Agreement to be Acquired by a Partnership Led by Canada Pension Plan Investment Board and Global Infrastructure Partners to Advance ‘Sustainability-in-Action' Strategy

Minnesota Power Reaches Electric Rate Settlement With State Agencies and Large Power Customers

May 3, 2024, 11:20 AM EDT - 1 year ago

Minnesota Power Reaches Electric Rate Settlement With State Agencies and Large Power Customers

NT Solar Celebrates New Impact Investment Fund & Series of Successful Transactions

Apr 25, 2024, 8:53 AM EDT - 1 year ago

NT Solar Celebrates New Impact Investment Fund & Series of Successful Transactions

AStrokeOfLuck
AStrokeOfLuck Oct. 3 at 4:21 PM
$ALE
0 · Reply
Bullish_Trader555
Bullish_Trader555 Oct. 3 at 4:11 PM
$ALE Reportedly Blackrock's GIP wins approval to buy Minnesota utility Allete - $BLK
0 · Reply
Mergerbrief
Mergerbrief Sep. 25 at 12:19 PM
$ALE / Global Infrastructure Management LLC - MPUC Oral Arguments Begin MergerBrief.com Sign Up For Trial
0 · Reply
BidToBlack
BidToBlack Sep. 15 at 6:31 AM
$ALE Stable dividend/contract business; upside from operational efficiency
0 · Reply
ScalpWatcher
ScalpWatcher Aug. 23 at 5:15 AM
$ALE Utility company with regulated operations showing steady but slow growth
0 · Reply
TalkMarkets
TalkMarkets Jun. 15 at 4:01 PM
15 Highest Yielding Utility Stocks $ALE $AVA $BKH $D $ES https://talkmarkets.com/content/stocks--equities/15-highest-yielding-utility-stocks?post=502989
1 · Reply
UncleStock
UncleStock May. 30 at 6:09 AM
$XIFR $MGEE $ALE suggested for Electricity - value screen: https://zpr.io/HKQYL
0 · Reply
G101SPM
G101SPM May. 21 at 7:39 PM
#SHOWTIME ^ Home Depot, Inc. Annual General Meeting (May 22) Scheduled to appear: $HD ^ Verizon Communications Inc. Annual General Meeting (May 22) Scheduled to appear: $VZ ^ ServiceNow, Inc. Annual General Meeting (May 22) Scheduled to appear: $NOW ^ mBank Spring Conference (May 22) Scheduled to appear: $ALE, $CPS
0 · Reply
UncleStock
UncleStock May. 9 at 6:01 AM
$XIFR $ALE $MGEE suggested for Electricity - value screen: https://zpr.io/HKQYL
0 · Reply
Estimize
Estimize May. 8 at 10:00 AM
$ALE reported - EPS and - revenue for Q1. http://www.estimize.com/intro/ale?chart=historical&metric_name=eps&utm_content=ALE&utm_medium=act
0 · Reply
Estimize
Estimize May. 6 at 10:12 PM
Wall St is expecting 1.02 EPS for $ALE Q1 [Reporting 05/08 BMO] http://www.estimize.com/intro/ale?chart=historical&metric_name=eps&utm_cont
0 · Reply
UncleStock
UncleStock May. 4 at 10:18 AM
$XIFR $ARIS $EE $ALE suggested for Utilities - value screen: https://zpr.io/nXrdA
0 · Reply
UncleStock
UncleStock May. 4 at 3:50 AM
$XIFR $ALE $MGEE suggested for Electricity - value screen: https://zpr.io/HKQYL
0 · Reply
UncleStock
UncleStock Apr. 25 at 6:37 AM
$XIFR $ALE $MGEE suggested for Electricity - value screen: https://zpr.io/HKQYL
0 · Reply
UncleStock
UncleStock Apr. 7 at 7:49 AM
$XIFR $ALE $MGEE suggested for Electricity - value screen: https://zpr.io/HKQYL
0 · Reply
UncleStock
UncleStock Apr. 3 at 2:32 PM
$XIFR $ALE $MGEE suggested for Electricity - value screen: https://zpr.io/HKQYL
0 · Reply
NVDAMillionaire
NVDAMillionaire Mar. 30 at 2:31 AM
$ALE Digging the renewable pivot. ALE's clean energy strategy looks solid with wind projects and carbon-free goals by 2050. Might add to my utility portfolio for steady growth and green exposure. Watching closely. compelling writeup: https://beyondspx.com/article/allete-nyse-ale-a-resilient-utility-poised-for-sustainable-growth
0 · Reply
UncleStock
UncleStock Mar. 26 at 3:39 PM
$XIFR $ALE $MGEE suggested for Electricity - value screen: https://zpr.io/HKQYL
0 · Reply
UncleStock
UncleStock Mar. 18 at 12:04 PM
$XIFR $ALE $MGEE suggested for Electricity - value screen: https://zpr.io/HKQYL
0 · Reply
Thestocktraderhubzee
Thestocktraderhubzee Mar. 14 at 9:53 AM
WATCHLIST MAR 14 2025 $ALE Public Service Commission Of Wisconsin Approves Allete's Proposed Transaction With Canada Pension Plan Investment Board And Global Infrastructure Partners $STRO Sutro Biopharma Announces Strategic Portfolio Review; Results In Prioritization Of Next-Generation ADC Pipeline $IPG Omnicom And Interpublic Get Second Request From US FTC; Parties Continue To Expect Merger Transaction To Close In H2 Of 2025 $AQN Algonquin Power & Utilities Extends Cooperation Agreement With Starboard; Appoints New CEO Rod West And Starboard Senior Partner Gavin Molinelli To Board $NXPL NextPlat Changes The Date Of Its 2024 Financial Results Report And Investor Conference Call To Monday, March 24, 2025
0 · Reply
UncleStock
UncleStock Mar. 13 at 7:38 AM
$XIFR $TLN $ALE $MGEE suggested for Electricity - value screen: https://zpr.io/HKQYL
0 · Reply
codingispower
codingispower Mar. 9 at 8:07 PM
$XRP.X $ALE
0 · Reply