64.16
price up icon0.20%   0.145
 
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Allete Inc stock is traded at $64.16, with a volume of 50,571. It is up +0.20% in the last 24 hours and down -0.11% over the past month. ALLETE Inc provides competitively-priced energy in America's Upper Midwest region and invests in transmission infrastructure and other energy-centric businesses. The company has two reportable segments. The first segment is Regulated Operations, which includes the company's regulated utilities, Minnesota Power and SWL&P, as well as its investment in ATC. ATC is a regulated utility based in Wisconsin that owns and maintains electric transmission assets in parts of Wisconsin, Michigan, Minnesota, and Illinois. The second segment is ALLETE Clean Energy, which focuses on developing, acquiring, and operating clean and renewable energy projects.
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Previous Close:
$64.01
Open:
$64
24h Volume:
50,571
Relative Volume:
0.21
Market Cap:
$3.70B
Revenue:
$1.54B
Net Income/Loss:
$221.10M
P/E Ratio:
14.89
EPS:
4.31
Net Cash Flow:
$145.50M
1W Performance:
+0.06%
1M Performance:
-0.11%
6M Performance:
-0.20%
1Y Performance:
+14.58%
1-Day Range:
Value
$64.00
$64.18
1-Week Range:
Value
$63.80
$64.31
52-Week Range:
Value
$53.14
$65.86

Allete Inc Stock (ALE) Company Profile

Name
Name
Allete Inc
Name
Phone
(218) 279-5000
Name
Address
30 W SUPERIOR ST, DULUTH, MN
Name
Employee
1,622
Name
Twitter
@allete_inc
Name
Next Earnings Date
2024-10-30
Name
Latest SEC Filings
Name
ALE's Discussions on Twitter

Allete Inc Stock (ALE) Upgrades & Downgrades

Date Action Analyst Rating Change
Jan-22-24 Upgrade Guggenheim Sell → Neutral
Jan-10-24 Downgrade Sidoti Buy → Neutral
Jun-27-23 Downgrade BofA Securities Neutral → Underperform
May-05-23 Downgrade BofA Securities Buy → Neutral
Apr-06-23 Upgrade Sidoti Neutral → Buy
Jan-23-23 Downgrade Guggenheim Neutral → Sell
Nov-17-22 Upgrade JP Morgan Underweight → Neutral
Nov-14-22 Upgrade BofA Securities Neutral → Buy
May-25-22 Initiated BofA Securities Neutral
Jan-21-21 Downgrade Guggenheim Buy → Neutral
Apr-02-20 Downgrade Sidoti Buy → Neutral
Mar-03-20 Upgrade Mizuho Underperform → Neutral
Jan-08-20 Upgrade Guggenheim Neutral → Buy
Feb-19-19 Upgrade Williams Capital Group Sell → Hold
Feb-11-19 Downgrade Mizuho Neutral → Underperform
Dec-10-18 Downgrade Williams Capital Group Hold → Sell
Jun-11-18 Downgrade Williams Capital Group Buy → Hold
Feb-02-18 Upgrade Williams Capital Group Hold → Buy
Oct-20-17 Downgrade Ladenburg Thalmann Buy → Neutral
Oct-19-17 Downgrade KeyBanc Capital Mkts Overweight → Sector Weight
Oct-12-17 Downgrade Williams Capital Group Buy → Hold
Jun-19-17 Reiterated Williams Capital Group Buy
Apr-21-17 Reiterated Williams Capital Group Buy
Nov-04-16 Initiated Macquarie Neutral
May-25-16 Upgrade Williams Capital Group Hold → Buy
Mar-29-16 Downgrade Williams Capital Group Buy → Hold
Dec-08-15 Upgrade Wunderlich Hold → Buy
Oct-19-15 Downgrade Wunderlich Buy → Hold
Oct-15-15 Initiated Wells Fargo Market Perform
Jun-25-15 Downgrade JP Morgan Neutral → Underweight
View All

Allete Inc Stock (ALE) Latest News

pulisher
Nov 04, 2024

Avista joins PGE, Grid United and ALLETE in 3,000 megawatt east-west transmission line - GlobeNewswire

Nov 04, 2024
pulisher
Nov 02, 2024

ALLETE (NYSE:ALE) Issues Quarterly Earnings Results - MarketBeat

Nov 02, 2024
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Nov 01, 2024

Minnesota Power’s agreement with stakeholders on lower rate increase approved by Minnesota Public Utilities Commission - The Ely Echo

Nov 01, 2024
pulisher
Oct 31, 2024

ALLETE Clean Energy sells Wisconsin wind project to Invenergy - Daily Energy Insider

Oct 31, 2024
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Oct 31, 2024

Renewable energy earnings plunged for ALLETE Inc.—wind out of its sails - OK Energy Today

Oct 31, 2024
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Oct 31, 2024

20,091 Shares in ALLETE, Inc. (NYSE:ALE) Acquired by International Assets Investment Management LLC - MarketBeat

Oct 31, 2024
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Oct 31, 2024

Allete Inc. Reports Mixed Financial Results - TipRanks

Oct 31, 2024
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Oct 30, 2024

Allete: Q3 Earnings Snapshot - Houston Chronicle

Oct 30, 2024
pulisher
Oct 30, 2024

ALLETE Clean Energy sells a Wisconsin wind farm - OK Energy Today

Oct 30, 2024
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Oct 30, 2024

ALLETE, Inc. reports third quarter 2024 earnings - Yahoo Finance

Oct 30, 2024
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Oct 30, 2024

ALLETE, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024 - Marketscreener.com

Oct 30, 2024
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Oct 30, 2024

ALLETE sells 70-MW wind project in Wisconsin to Invenergy - Renewables Now

Oct 30, 2024
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Oct 30, 2024

ALLETE (NYSE:ALE) Now Covered by Analysts at StockNews.com - MarketBeat

Oct 30, 2024
pulisher
Oct 29, 2024

ALLETE sells Wisconsin wind project to Invenergy By Investing.com - Investing.com South Africa

Oct 29, 2024
pulisher
Oct 29, 2024

(ALE) Technical Data - Stock Traders Daily

Oct 29, 2024
pulisher
Oct 29, 2024

ALLETE Sells Wisconsin Wind Energy Site - North American Windpower

Oct 29, 2024
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Oct 29, 2024

ALLETE Clean Energy Announces Sale of Wisconsin Wind Site - Energy Central

Oct 29, 2024
pulisher
Oct 29, 2024

ALLETE sells Wisconsin wind project to Invenergy - Investing.com

Oct 29, 2024
pulisher
Oct 28, 2024

Minnesota PUC approves Minnesota Power’s rate proposal - Daily Energy Insider

Oct 28, 2024
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Oct 25, 2024

ALLETE, Inc. (NYSE:ALE) to Issue Dividend Increase$0.71 Per Share - MarketBeat

Oct 25, 2024
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Oct 25, 2024

ALLETE maintains dividend at 70.5 cents per share - Investing.com

Oct 25, 2024
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Oct 25, 2024

ALLETE Board of Directors declares dividend on common stock - Business Wire

Oct 25, 2024
pulisher
Oct 24, 2024

Regulators finalize 4.9% rate hike for Minnesota Power residential customers - Duluth News Tribune

Oct 24, 2024
pulisher
Oct 24, 2024

Minnesota Power’s Agreement With Stakeholders on Lower Rate Increase Approved by Minnesota Public Utilities Commission - Business Wire

Oct 24, 2024
pulisher
Oct 23, 2024

ALLETE (ALE) to Release Earnings on Wednesday - MarketBeat

Oct 23, 2024
pulisher
Oct 22, 2024

ALLETE (NYSE:ALE) Coverage Initiated at StockNews.com - MarketBeat

Oct 22, 2024
pulisher
Oct 20, 2024

ALLETE (STU:AEBA) Net-Net Working Capital : €-58.09 (As of Jun. 2024) - GuruFocus.com

Oct 20, 2024
pulisher
Oct 17, 2024

New Energy Equity completes development of 14 Public Storage projects in Minnesota - Marketscreener.com

Oct 17, 2024
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Oct 14, 2024

StockNews.com Begins Coverage on ALLETE (NYSE:ALE) - MarketBeat

Oct 14, 2024
pulisher
Oct 13, 2024

Building a reliable, clean-energy future: Federal, state officials highlight Minnesota Power’s key grid investment - Energy Central

Oct 13, 2024
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Oct 13, 2024

Truist Financial Corp Sells 9,335 Shares of ALLETE, Inc. (NYSE:ALE) - MarketBeat

Oct 13, 2024
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Oct 11, 2024

Minnesota Power’s grid investments cheered by energy leaders, state & federal officials - Daily Energy Insider

Oct 11, 2024
pulisher
Oct 09, 2024

ALLETE, Inc. (NYSE:ALE) Stock Position Lifted by Creative Planning - MarketBeat

Oct 09, 2024
pulisher
Oct 08, 2024

Mackenzie Financial Corp Has $230,000 Holdings in ALLETE, Inc. (NYSE:ALE) - MarketBeat

Oct 08, 2024
pulisher
Oct 08, 2024

How to Take Advantage of moves in (ALE) - Stock Traders Daily

Oct 08, 2024
pulisher
Oct 07, 2024

Superior officials contemplate owning utilities - Superior Telegram

Oct 07, 2024
pulisher
Oct 07, 2024

ALLETE to Announce Third Quarter Financial Results October 30 - Marketscreener.com

Oct 07, 2024
pulisher
Oct 06, 2024

StockNews.com Initiates Coverage on ALLETE (NYSE:ALE) - MarketBeat

Oct 06, 2024
pulisher
Oct 03, 2024

Thrivent Financial for Lutherans Has $1.75 Million Stake in ALLETE, Inc. (NYSE:ALE) - MarketBeat

Oct 03, 2024
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Oct 02, 2024

Cold Weather Rule goes into effect Oct. 1 - Brainerd Dispatch

Oct 02, 2024
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Oct 02, 2024

Bank of Montreal Can Grows Position in ALLETE, Inc. (NYSE:ALE) - MarketBeat

Oct 02, 2024
pulisher
Oct 01, 2024

ALLETE (NYSE:ALE) Raised to Strong-Buy at Sidoti - MarketBeat

Oct 01, 2024
pulisher
Oct 01, 2024

Millennium Management LLC Increases Position in ALLETE, Inc. (NYSE:ALE) - MarketBeat

Oct 01, 2024
pulisher
Sep 30, 2024

185,776 Shares in ALLETE, Inc. (NYSE:ALE) Acquired by Water Island Capital LLC - MarketBeat

Sep 30, 2024
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Sep 29, 2024

Squarepoint Ops LLC Purchases Shares of 162,966 ALLETE, Inc. (NYSE:ALE) - MarketBeat

Sep 29, 2024
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Sep 27, 2024

Minnesota Power details plans for two solar projects in northern part of state - Daily Energy Insider

Sep 27, 2024
pulisher
Sep 27, 2024

(ALE) Technical Pivots with Risk Controls - Stock Traders Daily

Sep 27, 2024
pulisher
Sep 27, 2024

Allete planned takeover by PE firms gets China approval - MSN

Sep 27, 2024
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Sep 26, 2024

Point72 Hong Kong Ltd Invests $1.16 Million in ALLETE, Inc. (NYSE:ALE) - MarketBeat

Sep 26, 2024
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Sep 25, 2024

ProShare Advisors LLC Has $7.83 Million Position in ALLETE, Inc. (NYSE:ALE) - MarketBeat

Sep 25, 2024
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Sep 24, 2024

Minnesota Power announces plans for two solar projects in northern Minnesota - KSTP

Sep 24, 2024

Allete Inc Stock (ALE) Financials Data

Revenue

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Net Income

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Cash Flow

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EPS

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$76.05
price down icon 4.98%
utilities_diversified NWE
$53.04
price up icon 0.80%
$5.88
price down icon 0.68%
utilities_diversified AVA
$37.13
price up icon 1.92%
utilities_diversified ELP
$6.67
price down icon 0.29%
Cap:     |  Volume (24h):