Home » Stocks » ALE

ALLETE, Inc. (ALE)

Stock Price: $57.44 USD -0.41 (-0.71%)
Updated December 3, 4:00 PM EST - Market closed

ALE Stock Price Chart

Key Info

Market Cap 2.99B
Revenue (ttm) 1.15B
Net Income (ttm) 176.80M
Shares Out 51.90M
EPS (ttm) 3.41
PE Ratio 16.84
Forward PE n/a
Dividend $2.47
Dividend Yield 4.30%

Stock Quote

Trading Day December 3
Last Price $57.44
Previous Close $57.85
Change ($) -0.41
Change (%) -0.71%
Day's Open 57.67
Day's Range 57.14 - 58.25
Day's Volume 191,365
52-Week Range 48.53 - 80.72

ALE Stock News

Seeking Alpha - 3 weeks ago

In my monthly series of 10 Dividend Growth Stocks, I rank a selection of dividend growth stocks in Dividend Radar and present the 10 top-ranked stocks for consideration. To rank stocks, I use ...

Other stocks mentioned: BEN, CVX, GILD, IBM, MET, PM, T, VZ, WBA, VZA
Zacks Investment Research - 3 weeks ago

ALLETE's (ALE) third-quarter earnings are better than expected. However, lower sales to commercial and industrial customers adversely impact total electricity sales volume.

Seeking Alpha - 3 weeks ago

ALLETE, Inc. (ALE) CEO Bethany Owen on Q3 2020 Results - Earnings Call Transcript

Zacks Investment Research - 3 weeks ago

Allete (ALE) delivered earnings and revenue surprises of 25.81% and -0.61%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Zacks Investment Research - 1 month ago

Allete (ALE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Business Wire - 1 month ago

DULUTH, Minn.--(BUSINESS WIRE)--The ALLETE, Inc. (NYSE:ALE) board of directors has declared a quarterly dividend of 61.75 cents per share of common stock.

Seeking Alpha - 3 months ago

ALLETE, Inc. (ALE) CEO Bethany Owen on Q2 2020 Results - Earnings Call Transcript

Zacks Investment Research - 3 months ago

ALLETE's (ALE) second-quarter earnings and revenues fall on a year-over-year basis due to soft revenues from the commercial and industrial customers and weak net income at Minnesota Power.

Zacks Investment Research - 3 months ago

Allete (ALE) delivered earnings and revenue surprises of -40.00% and -17.70%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Zacks Investment Research - 3 months ago

Allete (ALE) delivered earnings and revenue surprises of -76.92% and 1.52%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Business Wire - 4 months ago

DULUTH, Minn.--(BUSINESS WIRE)--Barbara A.

Zacks Investment Research - 4 months ago

Allete (ALE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Seeking Alpha - 6 months ago

ALLETE's (ALE) CEO Bethany Owen on Q1 2020 Results - Earnings Call Transcript

Zacks Investment Research - 6 months ago

ALLETE's (ALE) first-quarter 2020 earnings decline on a year-over-year basis.

Zacks Investment Research - 6 months ago

Allete (ALE) delivered earnings and revenue surprises of 4.07% and -10.58%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

The Motley Fool - 7 months ago

The number of attractive dividend-paying stocks may be dwindling, but investors can still find some high-yielding, electrifying opportunities.

Other stocks mentioned: BEP, HASI
GuruFocus - 8 months ago

In order to increase the likelihood of discovering value stocks, investors select those companies with a market capitalization exceeding $2 billion but whose price-earnings ratio is less than ...

Other stocks mentioned: ARMK, FIS
Seeking Alpha - 9 months ago

ALLETE's (ALE) CEO Bethany Owen on Q4 2019 Results - Earnings Call Transcript

Zacks Investment Research - 9 months ago

ALLETE's (ALE) fourth-quarter 2019 earnings decline on a year-over-year basis.

Zacks Investment Research - 9 months ago

ALLETE (ALE) to report its fourth-quarter 2019 earnings on February 13.

Seeking Alpha - 1 year ago

ALLETE, Inc. (ALE) CEO Alan Hodnik on Q3 2019 Results - Earnings Call Transcript

Zacks Investment Research - 1 year ago

ALLETE's (ALE) third quarter earnings and revenues lagged the estimates. The company expects 2019 EPS to be in the lower end of the guidance range of $3.50 to $3.80.

Zacks Investment Research - 1 year ago

Allete (ALE) delivered earnings and revenue surprises of -14.29% and -12.89%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

Zacks Investment Research - 1 year ago

Allete (ALE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

GuruFocus - 1 year ago

Chairman & CEO of Allete Inc (30-Year Financial, Insider Trades) Alan R Hodnik (insider trades) sold 6,000 shares of ALE on 08/07/2019 at an average price of $85.09 a share.

Seeking Alpha - 1 year ago

ALLETE, Inc. (ALE) CEO Alan Hodnik on Q2 2019 Results - Earnings Call Transcript

Zacks Investment Research - 1 year ago

Poor segmental performance hurt ALLETE's (ALE) second-quarter 2019 revenues.

Zacks Investment Research - 1 year ago

Allete (ALE) delivered earnings and revenue surprises of 0.00% and -16.72%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

Zacks Investment Research - 1 year ago

Allete (ALE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Zacks Investment Research - 1 year ago

Here are four stocks with buy rank and strong income characteristics for investors to consider today, July 1st.

Other stocks mentioned: ABR, AMP, BBY
Zacks Investment Research - 1 year ago

Top Ranked Income Stocks to Buy for June 27th

Other stocks mentioned: ABR, AMP, APAM
Zacks Investment Research - 1 year ago

Top Ranked Income Stocks to Buy for June 18th 2019

Other stocks mentioned: ABR, APAM
Zacks Investment Research - 1 year ago

ALLETE's (ALE) Diamond Spring wind project to provide 300-MW renewable energy to large corporate customers.

Other stocks mentioned: NEE, SBUX, WMT
Zacks Investment Research - 1 year ago

ALLETE (ALE) is a promising pick for investors, courtesy of these five factors.

Zacks Investment Research - 1 year ago

Near-Term Outlook Bleak for Electric Power Stocks

Other stocks mentioned: DTE, NWE, PNM
Seeking Alpha - 1 year ago

ALLETE, Inc. (ALE) CEO Alan Hodnik on Q1 2019 Results - Earnings Call Transcript

Zacks Investment Research - 1 year ago

ALLETE's (ALE) first-quarter 2019 results are hurt by lower industrial sales.

Zacks Investment Research - 1 year ago

Allete (ALE) delivered earnings and revenue surprises of -0.84% and -1.75%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?

About ALE

ALLETE 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, hydroelectric, natural gas-fired, biomass co-fired, and solar. The company provides regulated utility electric service in northeastern Minnesota to approximately 145,000 retail customers, as well as 15 non-affiliated municipal customers; and regulated utility electric, natural gas, and water services in northwestern Wisconsin to approximately 15,000 electric cus... [Read more...]

Industry
Utilities-Diversified
Country
United States
Employees
1,322
Stock Exchange
NYSE
Ticker Symbol
ALE
Full Company Profile

Financial Performance

In 2019, ALLETE, Inc.'s revenue was $1.24 billion, a decrease of -17.22% compared to the previous year's $1.50 billion. Earnings were $185.60 million, an increase of 6.61%.

Financial Statements

Analyst Forecasts

The average 12-month stock price forecast for ALLETE, Inc. is 64.67, which is an increase of 12.59% from the latest price.

Price Target
$64.67
(12.59% upside)