ALLETE Inc. (ALE) Stock Price, Quote & News

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Bullish Probability	Sentiment	Score
+80%	Strong Buy	10
+75%	Buy	9
+70%	Buy	8
+60%	Buy	7
+50%	Hold	6
+45%	Hold	5
+40%	Hold	4
+35%	Sell	3
+30%	Sell	2
+20%	Strong Sell	1

ALLETE Inc. (ALE)

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Bullish Probability	Sentiment	Score
+80%	Strong Buy	10
+75%	Buy	9
+70%	Buy	8
+60%	Buy	7
+50%	Hold	6
+45%	Hold	5
+40%	Hold	4
+35%	Sell	3
+30%	Sell	2
+20%	Strong Sell	1

65.42

0.25 (0.38%)

At close: Jan 14, 2025, 3:59 PM

65.45

0.05%

After-hours Jan 14, 2025, 07:00 PM EST

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Bid	64.85
Market Cap	3.78B
Revenue (ttm)	-
Net Income (ttm)	-
EPS (ttm)	3.12
PE Ratio (ttm)	20.97
Forward PE	n/a
Analyst	Hold

Ask	66.46
Volume	327,146
Avg. Volume (20D)	295,891
Open	65.20
Previous Close	65.17
Day's Range	65.07 - 65.45
52-Week Range	55.86 - 65.86
Beta	undefined

About ALE

ALLETE, Inc. 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, biomass co-fired / natural gas, hydroelectric, wind, and solar. The company provides regulated utility electric services in northwestern Wisconsin to approximately 15,000 electric customers, 13,000 natural gas customers, and 10,000 water customers, as well a...

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Industry Diversified Utilities

Sector Utilities

IPO Date May 3, 1973

Employees 1,564

Stock Exchange NYSE

Ticker Symbol ALE

Website https://www.allete.com

Analyst Forecast

According to 3 analyst ratings, the average rating for ALE stock is "Hold." The 12-month stock price forecast is $59, which is a decrease of -9.81% from the latest price.

Buy 0.00%

Hold 100.00%

Sell 0.00%

Stock Forecasts

Next Earnings Release

ALLETE Inc. is scheduled to release its earnings on Feb 18, 2025, before market opens.
Analysts project revenue of $414.00M, reflecting a 2.81% YoY growth and earnings per share of 1.12, making a 25.84% increase YoY.

News

3 weeks ago · businesswire.com

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

DULUTH, Minn.--(BUSINESS WIRE)--ALLETE, Inc. (NYSE: ALE) announced that the Federal Energy Regulatory Commission (FERC) approved the company's proposed transaction with Canada Pension Plan Investment ...

1 month ago · businesswire.com

ALLETE Clean Energy has fully recontracted Armenia Mountain Wind

DULUTH, Minn.--(BUSINESS WIRE)--ALLETE Clean Energy has fully contracted the output of its Armenia Mountain Wind site for another seven years through agreements with two customers.

2 months ago · businesswire.com

ALLETE, Inc. reports third quarter 2024 earnings

DULUTH, Minn.--(BUSINESS WIRE)--ALLETE, Inc. (NYSE: ALE) today reported third quarter 2024 earnings of 78 cents per share on net income of $45.0 million. Last year's third quarter results were $1.49 p...

2 months ago · businesswire.com

ALLETE Clean Energy Announces Sale of Wisconsin Wind Site

DULUTH, Minn.--(BUSINESS WIRE)--ALLETE Clean Energy today announced the company has sold the Whitetail wind project in southwestern Wisconsin to Invenergy.

2 months ago · businesswire.com

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 70.5 cents per share of common stock. On an annual basis, the dividend is equivalent...