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Allete Inc

Allete Inc (ALE)

64.27
3.43
(5.64%)
Closed May 05 4:00PM
64.27
0.00
(0.00%)
After Hours: 7:00PM

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Key stats and details

Current Price
64.27
Bid
-
Ask
-
Volume
1,471,885
61.85 Day's Range 65.86
49.29 52 Week Range 65.86
Market Cap
Previous Close
60.84
Open
62.00
Last Trade
1
@
64.17
Last Trade Time
Financial Volume
$ 94,143,295
VWAP
63.961
Average Volume (3m)
273,313
Shares Outstanding
57,578,222
Dividend Yield
4.26%
PE Ratio
14.98
Earnings Per Share (EPS)
4.29
Revenue
1.88B
Net Profit
247.1M

About Allete Inc

ALLETE Inc is a regulated electric utility company operating primarily in America's Upper Midwest region. Through its subsidiaries, ALLETE provides regulated electric, natural gas, and water services. The company's Regulated Operations division, which houses its energy generation, transmission, and ... ALLETE Inc is a regulated electric utility company operating primarily in America's Upper Midwest region. Through its subsidiaries, ALLETE provides regulated electric, natural gas, and water services. The company's Regulated Operations division, which houses its energy generation, transmission, and distribution activities, is responsible for most of ALLETE's total revenue by way of electricity sales and transmission service fees. The majority of the energy sold and distributed by ALLETE is produced by its own portfolio of coal-fired, wind, natural gas-fired, biomass, and hydroelectric power plants. Coal fuel sources, specifically, account for most of this. The company's major customers are industrial entities, such as major iron ore, wood product, and pipeline producers. Show more

Sector
Electric & Other Serv Comb
Industry
Electric & Other Serv Comb
Website
Headquarters
Duluth, Minnesota, USA
Founded
1970
Allete Inc is listed in the Electric & Other Serv Comb sector of the New York Stock Exchange with ticker ALE. The last closing price for Allete was $60.84. Over the last year, Allete shares have traded in a share price range of $ 49.29 to $ 65.86.

Allete currently has 57,578,222 shares outstanding. The market capitalization of Allete is $3.70 billion. Allete has a price to earnings ratio (PE ratio) of 14.98.

ALE Latest News

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

Minnesota Power, a utility division of ALLETE Inc. (NYSE: ALE), has reached a settlement agreement on its 2024 electric rate proposal with the Minnesota Department of Commerce, Minnesota Attorney...

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

NT Solar Celebrates New Impact Investment Fund & Series of Successful Transactions PR Newswire WASHINGTON, April 25, 2024 WASHINGTON, April 25, 2024 /PRNewswire/ -- NT Solar, a national tax...

ALLETE Board of Directors declares dividend on common stock

The ALLETE, Inc. (NYSE:ALE) board of directors has declared a quarterly dividend of 70.50 cents per share of common stock. On an annual basis the dividend is equivalent to $2.82 per share...

ALLETE Recognized for Gender Diversity on Board and Among Executive Officers

ALLETE, Inc. (NYSE:ALE) has been named an Honor Roll company of Special Distinction in an annual report on gender diversity in the executive ranks and on the boards of directors of the largest...

ALLETE to Announce First Quarter Financial Results May 9

ALLETE Inc. (NYSE:ALE) will announce its financial results for the first quarter before the stock markets open on Thursday, May 9, 2024. Following the release, ALLETE Chair, President and Chief...

New Energy Equity announces Tim Ahrens as Senior Vice President of Development

New Energy Equity announces Tim Ahrens as Senior Vice President of Development PR Newswire ANNAPOLIS, Md., Feb. 27, 2024 ANNAPOLIS, Md., Feb. 27, 2024 /PRNewswire/ -- New Energy Equity, national...

ALLETE, Inc. reports 2023 earnings of $4.30 per share; clean energy transition drives $4.3 billion capital investment plan over the next five years

ALLETE, Inc. (NYSE: ALE) today reported 2023 earnings of $4.30 per share on net income of $247.1 million and operating revenue of $1.9 billion. Reported results from 2022 were $3.38 per share on...

Minnesota Power advances EnergyForward with request for proposals for up to 400 megawatts of wind energy

Minnesota Power, a utility division of ALLETE Inc. (NYSE: ALE), has issued a Request for Proposals (RFP) for up to 400 megawatts of wind energy to come online by the end of 2027, an important...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
14.77.8898774550959.5765.8658.8220854759.76708174CS
45.248.8768422835859.0365.8656.6623593259.29293868CS
126.7311.696211331257.5465.8655.8627331358.37625171CS
266.9912.203212290557.2865.8653.1433009458.84155091CS
521.42.2268172419362.8765.8649.2931533157.80460893CS
156-6.59-9.3000282246770.8673.099547.7730206660.81193137CS
260-16.24-20.171407278680.5188.647.7730607063.30569323CS

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ALE Discussion

View Posts
Timothy Smith Timothy Smith 9 years ago
ALLETE (NYSE:ALE): Q1 EPS of $0.85 misses by $0.02.

Revenue of $320M (+7.9% Y/Y) beats by $5.1M.
๐Ÿ‘๏ธ0
Penny Roger$ Penny Roger$ 12 years ago
~ Wednesday! $ALE ~ Q1 Earnings posted, pending or coming soon! In Charts and Links Below!

~ $ALE ~ Earnings expected on Wednesday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








http://stockcharts.com/h-sc/ui?s=ALE&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=ALE&p=W&b=3&g=0&id=p54550695994



~ Google Finance: http://www.google.com/finance?q=ALE
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=ALE#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=ALE+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=ALE
Finviz: http://finviz.com/quote.ashx?t=ALE
~ BusyStock: http://busystock.com/i.php?s=ALE&v=2


<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=ALE >>>>>>



http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.
๐Ÿ‘๏ธ0
Penny Roger$ Penny Roger$ 12 years ago
~ Wednesday! $ALE ~ Earnings posted, pending or coming soon! In Charts and Links Below!

~ $ALE ~ Earnings expected on Wednesday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.








http://stockcharts.com/h-sc/ui?s=ALE&p=D&b=3&g=0&id=p88783918276&a=237480049




http://stockcharts.com/h-sc/ui?s=ALE&p=W&b=3&g=0&id=p54550695994



~ Google Finance: http://www.google.com/finance?q=ALE
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=ALE#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=ALE+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=ALE
Finviz: http://finviz.com/quote.ashx?t=ALE
~ BusyStock: http://busystock.com/i.php?s=ALE&v=2


<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=ALE >>>>>>



http://investorshub.advfn.com/boards/post_prvt.aspx?user=251916

*If the earnings date is in error please ignore error. I do my best.
๐Ÿ‘๏ธ0
Penny Roger$ Penny Roger$ 12 years ago
ALLETE, Inc. (ALLETE) is an energy company. ALLETE operates in two business segments: Regulated Operations and Investments and Other. Regulated Operations includes its regulated utilities, Minnesota Power and Superior Water, Light and Power Company (SWL&P), as well as its investment in American Transmission Company LLC (ATC), a Wisconsin-based regulated utility that owns and maintains electric transmission assets in parts of Wisconsin, Michigan, Minnesota and Illinois. Investments and Other consists of BNI Coal, Ltd. (BNI Coal), the Companyโ€™s coal mining operations in North Dakota, and ALLETE Properties, LLC and its subsidiaries (ALLETE Properties), its Florida real estate investment. In July 2011, the Company incorporated new company, ALLETE Clean Energy.

http://www.google.com/finance?q=ALE
๐Ÿ‘๏ธ0

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