ALLETE, Inc. (FRA:AEBA)
Germany · Delayed Price · Currency is EUR | Market Cap | 3.35B -6.2% |
| Revenue (ttm) | 1.28B -4.3% |
| Net Income | 141.23M -8.0% |
| EPS | 2.43 -8.7% |
| Shares Out | n/a |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | n/a |
| Open | 57.50 |
| Previous Close | 57.50 |
| Day's Range | 57.50 - 57.50 |
| 52-Week Range | 52.50 - 64.00 |
| Beta | n/a |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About ALLETE
ALLETE, Inc. operates as an energy company. The company owns ALLETE Clean Energy, BNI Energy, and New Energy Equity, as well as regulated public utilities, including Minnesota Power and Superior Water, Light and Power. 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 ... [Read more]
Financial Performance
In 2024, ALLETE's revenue was $1.53 billion, a decrease of -18.62% compared to the previous year's $1.88 billion. Earnings were $179.30 million, a decrease of -27.44%.
Financial numbers in USD Financial StatementsNews
ALLETE Announces Completion of Acquisition by CPP Investments and Global Infrastructure Partners
DULUTH, Minn.--(BUSINESS WIRE)--ALLETE, Inc. (NYSE: ALE) (the Company) today announced the completion of its acquisition by Canada Pension Plan Investment Board (CPP Investments) and Global Infrastruc...
ALLETE Board of Directors Declares Stub Period Dividend on Common Stock
DULUTH, Minn.--(BUSINESS WIRE)--On Dec. 14, 2025, the board of directors of ALLETE, Inc. (NYSE:ALE) (the Company) declared a “stub period” dividend, subject to the consummation of the merger, in an am...
Corebridge Financial Set to Join S&P MidCap 400
NEW YORK , Dec. 12, 2025 /PRNewswire/ -- Corebridge Financial Inc. (NYSE: CRBG) will replace Allete Inc. (NYSE: ALE) in the S&P MidCap 400 effective prior to the open of trading on Wednesday, December...
ALLETE Receives Written Order From MPUC Approving Acquisition by CPP Investments and Global Infrastructure Partners, Closing Expected Dec. 15
DULUTH, Minn.--(BUSINESS WIRE)--ALLETE, Inc. (NYSE: ALE) (the Company) today announced that it has reviewed the written order from the Minnesota Public Utilities Commission (MPUC) approving the compan...
New Energy Equity's Lift As We Climb Foundation Raises $143,000 for Let's Share the Sun Foundation at 4th Annual Charity Golf Tournament
ANNAPOLIS, Md. , Dec. 5, 2025 /PRNewswire/ -- New Energy Equity and its Lift As We Climb Foundation (LAWC) raised $143,000 to support Let's Share the Sun Foundation (LSTS), a nonprofit dedicated to br...
ALLETE, Inc. Awaits Written Order to Complete Sale to Partners Canada Pension Plan Investment Board and Global Infrastructure Partners; Reports Third Quarter 2025 Earnings
DULUTH, Minn.--(BUSINESS WIRE)--ALLETE, Inc. (NYSE: ALE) ALLETE today reported third quarter 2025 earnings of 46 cents per share on net income of $27.1 million. Last year's third quarter results were ...
ALLETE to Announce Third Quarter Financial Results October 31
DULUTH, Minn.--(BUSINESS WIRE)--ALLETE Inc. (NYSE:ALE) will announce its financial results for the third quarter before the stock markets open on Friday, October 31, 2025. ALLETE, Inc. is an energy co...
ALLETE Obtains Regulatory Approval from Minnesota Public Utilities Commission for Partnership with CPP Investments and Global Infrastructure Partners
DULUTH, Minn.--(BUSINESS WIRE)--ALLETE, Inc. (NYSE: ALE) (the Company) today announced that the Minnesota Public Utilities Commission (MPUC) voted unanimously to approve its acquisition by Canada Pens...
Allete quarterly profit drops on higher operating, interest expense
U.S. utility Allete posted a fall in second-quarter profit on Thursday, weighed down by lower industrial margins along with higher operating and interest expenses.
ALLETE, Inc. Reports Second Quarter 2025 Earnings
DULUTH, Minn.--(BUSINESS WIRE)--ALLETE, Inc. (NYSE: ALE) today reported second quarter 2025 earnings of 55 cents per share on net income of $31.9 million. Last year's second quarter results were 57 ce...
ALLETE Board of Directors Declares Dividend on Common Stock
DULUTH, Minn.--(BUSINESS WIRE)--The ALLETE, Inc. (NYSE:ALE) board of directors has declared a quarterly dividend of 73 cents per share of common stock. On an annual basis, the dividend is equivalent t...
ALLETE Announces Agreement with Minnesota Department of Commerce to Deliver Immediate Post-Closing Cost Savings and Substantial Benefits for Customers and Communities
DULUTH, Minn.--(BUSINESS WIRE)--ALLETE, Inc. (NYSE: ALE) (the “Company”) announced that the Company and its transaction partners Canada Pension Plan Investment Board (CPP Investments) and Global Infra...
ALLETE to Announce Second Quarter Financial Results August 07
DULUTH, Minn.--(BUSINESS WIRE)--ALLETE Inc. (NYSE:ALE) will announce its financial results for the second quarter before the stock markets open on Thursday, August 07, 2025. ALLETE, Inc. is an energy ...
Allete Shares Enter Oversold Territory
In trading on Wednesday, shares of Allete entered into oversold territory, changing hands as low as $63.555 per share. We define oversold territory using the Relative Strength Index, or RSI, which is ...
ALLETE, Inc. Reports First Quarter 2025 Earnings
DULUTH, Minn.--(BUSINESS WIRE)--ALLETE, Inc. (NYSE: ALE) today reported first quarter 2025 earnings of 97 cents per share on net income of $56.1 million. Last year's first quarter results were 88 cent...
ALLETE to Announce First Quarter Financial Results May 08
DULUTH, Minn.--(BUSINESS WIRE)--ALLETE Inc. (NYSE:ALE) will announce its financial results for the first quarter before the stock markets open on Thursday, May 08, 2025. ALLETE, Inc. is an energy comp...
ALLETE recognized for commitment to women in leadership roles
DULUTH, Minn.--(BUSINESS WIRE)--ALLETE, Inc. (NYSE:ALE) has been named an Honor Roll Company of Special Distinction in the 2024 Minnesota Census of Women in Corporate Leadership.
New Energy Equity Announces Leadership Transition: Josh Kunkel to Succeed Matt Hankey as CEO
ANNAPOLIS, Md. , April 9, 2025 /PRNewswire/ -- New Energy Equity, a subsidiary of ALLETE, Inc. (NYSE: ALE), announced today that Josh Kunkel, current president of New Energy Equity, will be promoted t...
New Energy Equity's Lift as We Climb Foundation Donates $100,000 to Civic Works to Expand Solar Access in Baltimore
ANNAPOLIS, Md. , March 25, 2025 /PRNewswire/ -- New Energy Equity's Lift as We Climb Foundation has donated $100,000 to Civic Works, a Baltimore-based nonprofit, to support its mission of expanding so...
Wisconsin Regulators Approve Proposed ALLETE Transaction With Canada Pension Plan Investment Board and Global Infrastructure Partners
DULUTH, Minn.--(BUSINESS WIRE)--ALLETE, Inc. (NYSE: ALE) announced that the Public Service Commission of Wisconsin (PSCW) today approved the company's proposed transaction with Canada Pension Plan Inv...
ALLETE Names Jeff Scissons Chief Financial Officer
DULUTH, Minn.--(BUSINESS WIRE)--ALLETE, Inc. (NYSE: ALE) announced today that ALLETE Vice President and Corporate Treasurer Jeff Scissons has been promoted to chief financial officer. He succeeds Stev...
New Energy Equity Partners with Harlem Consolidated School District on 5.54 MWdc Community Solar Project
ANNAPOLIS, Md. , March 6, 2025 /PRNewswire/ -- New Energy Equity, a national leader in developing and financing community and commercial solar projects, is pleased to announce a new partnership with t...
ALLETE, Inc. Reports 2024 Earnings
DULUTH, Minn.--(BUSINESS WIRE)--ALLETE, Inc. (NYSE: ALE) today reported 2024 earnings of $3.10 per share on net income of $179.3 million and operating revenue of $1.5 billion. Reported results from 20...
ALLETE Board of Directors Raises Quarterly Common Stock Dividend
DULUTH, Minn.--(BUSINESS WIRE)--ALLETE, Inc. (NYSE:ALE) today announced that its Board of Directors has increased the quarterly dividend on the company's common stock to $0.73 per share, a 3.5 percent...
ALLETE Senior Vice President & Chief Financial Officer Steven W. Morris to Retire Mid-Year as Part of a Planned Transition
DULUTH, Minn.--(BUSINESS WIRE)--ALLETE announced today that Chief Financial Officer Steven W. Morris will retire later this year.