ALLETE INC (ALE) Stock Price, Quote, News and Overview
NYSE:ALE - New York Stock Exchange, Inc. - US0185223007 - Common Stock - Currency: USD
ALE Quote, Performance and Key Statistics
ALLETE INC
NYSE:ALE (1/31/2025, 2:32:03 PM)
65.56
-0.12 (-0.18%)
The current stock price of ALE is 65.56 USD. In the past month the price increased by 1.62%. In the past year, price increased by 11.17%.
ALE Latest News, Press Releases and Analysis
ALLETE Board of Directors Raises Quarterly Common Stock Dividend
NorthWestern Energy to Participate in Regional Transmission Projects
ALLETE Clean Energy has fully recontracted Armenia Mountain Wind
ALLETE, Inc. reports third quarter 2024 earnings
ALE Competitors/Peers
Symbol | Name | TA | FA | PE | Market Cap |
|---|---|---|---|---|---|
| NEE | NEXTERA ENERGY INC | 20.83 | 146.95B | ||
| CEG | CONSTELLATION ENERGY | 33.41 | 94.77B | ||
| SO | SOUTHERN CO/THE | 19.95 | 91.82B | ||
| DUK | DUKE ENERGY CORP | 19.41 | 86.22B | ||
| AEP | AMERICAN ELECTRIC POWER | 17.56 | 52.37B | ||
| PCG | P G & E CORP | 10.26 | 41.66B | ||
| EXC | EXELON CORP | 16.25 | 40.17B | ||
| XEL | XCEL ENERGY INC | 18.88 | 38.38B | ||
| ETR | ENTERGY CORP | 24.87 | 34.77B | ||
| SOJC | SOUTHERN CO - SO 5 1/4 12/01/2077 | 5.39 | 24.79B | ||
| PPL | PPL CORP | 19.26 | 24.74B | ||
| SOJD | SOUTHERN CO - SO 4.95 01/30/2080 | 5 | 22.99B |
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About ALE
Company Profile
ALLETE, Inc. engages in the provision of electric and natural gas utility services. The company is headquartered in Duluth, Minnesota and currently employs 1,564 full-time employees. The Company’s segments include Regulated Operations and ALLETE Clean Energy. Regulated Operations includes regulated utilities, Minnesota Power, and SWL&P, as well as investment in ATC, a Wisconsin-based regulated utility that owns and maintains electric transmission assets in portions of Wisconsin, Michigan, Minnesota, and Illinois. Minnesota Power provides regulated utility electric service in northeastern Minnesota to approximately 150,000 retail customers. ALLETE Clean Energy segment is focused on developing, acquiring, and operating clean and renewable energy projects. The segment owns and operates, in seven states, more than 1,200 MW of nameplate capacity wind energy generation with a contract under power sales agreements (PSAs) of various durations. The company engages in the development of wind energy facilities to operate under long-term PSAs.
Company Info
ALLETE INC
30 W Superior St
Duluth MINNESOTA 55802 US
CEO: Bethany M. Owen
Employees: 1607
Company Website: https://www.allete.com/
Investor Relations: https://investor.allete.com/
Phone: 12182795000
ALE FAQ
What is the stock price of ALE?
The current stock price of ALE is 65.56 USD.
What is the symbol for ALLETE INC stock?
The exchange symbol of ALLETE INC is ALE and it is listed on the New York Stock Exchange, Inc. exchange.
On which exchange is ALE stock listed?
ALE stock is listed on the New York Stock Exchange, Inc. exchange.
Is ALE a good stock to buy?
Always make your own analysis. On these pages you can find a full technical and fundamental analysis report for ALE, which may be a starting point for your analysis. You can also find the financials, news, analyst ratings and estimates here, which can be used to increase your understanding of ALE.
Does ALE stock pay dividends?
ALE has a dividend yield of 4.29%. The yearly dividend amount is currently 2.71.
When does ALE stock report earnings?
ALE will report earnings on 2025-02-13, after the market close.
What is the Price/Earnings (PE) ratio of ALE?
The PE ratio for ALE is 21.01. This is based on the reported non-GAAP earnings per share of 3.12 and the current share price of 65.56 USD.
What is the Short Interest ratio of ALE stock?
The outstanding short interest for ALE is 1.86% of its float.
ALE Technical Analysis
ChartMill assigns a technical rating of 7 / 10 to ALE. When comparing the yearly performance of all stocks, ALE turns out to be only a medium performer in the overall market: it outperformed 57.85% of all stocks.
ALE Fundamental Analysis
ChartMill assigns a fundamental rating of 4 / 10 to ALE. Both the profitability and the financial health of ALE get a neutral evaluation. Nothing too spectacular is happening here.
ALE Financial Highlights
Over the last trailing twelve months ALE reported a non-GAAP Earnings per Share(EPS) of 3.12. The EPS increased by -27.27% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | 11.49% | ||
| ROA | 2.67% | ||
| ROE | 6.36% | ||
| Debt/Equity | 0.62 |
ALE Ownership and Analysts
ChartMill assigns a Buy % Consensus number of 73% to ALE. The Buy consensus is the average rating of analysts ratings from 9 analysts.
For the next year, analysts expect an EPS growth of -12.27% and a revenue growth -11.14% for ALE