Logo image of ALE

ALLETE INC (ALE) Stock Price, Quote, News and Overview

NYSE:ALE - New York Stock Exchange, Inc. - US0185223007 - Common Stock - Currency: USD

64.3  -0.33 (-0.51%)

After market: 64.3 0 (0%)

ALE Quote, Performance and Key Statistics

ALLETE INC

NYSE:ALE (6/17/2025, 7:09:54 PM)

After market: 64.3 0 (0%)

64.3

-0.33 (-0.51%)

Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
GICS IndustryGroupUtilities
GICS SubIndustryElectric Utilities
Statistics
52 Week High66.4
52 Week Low61.51
Market Cap3.73B
Shares57.96M
Float57.79M
Yearly Dividend2.82
Dividend Yield4.48%
PE20.16
Fwd PE14.75
Earnings (Next)07-30 2025-07-30/bmo
IPO05-22 1981-05-22


ALE short term performance overview.The bars show the price performance of ALE in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months -0.5 -1 -1.5 -2

ALE long term performance overview.The bars show the price performance of ALE in the last 1, 2 and 3 years. 1 year 2 years 3 years 2 4 6 8 10

The current stock price of ALE is 64.3 USD. In the past month the price decreased by -1.3%. In the past year, price increased by 2.21%.

ALLETE INC / ALE Daily stock chart

ALE Competitors/Peers

The largest stocks on the US markets in the "Electric Utilities" sub-industry
Full List
Symbol
Company Name
TA
FA
PE
Market Cap
NEE NEXTERA ENERGY INC 20.47 147.93B
SO SOUTHERN CO/THE 20.76 97.18B
CEG CONSTELLATION ENERGY 32.21 95.81B
DUK DUKE ENERGY CORP 18.45 89.22B
AEP AMERICAN ELECTRIC POWER 17.28 54.26B
EXC EXELON CORP 15.47 42.79B
XEL XCEL ENERGY INC 19.08 37.86B
ETR ENTERGY CORP 20.55 36.14B
PCG P G & E CORP 10.27 29.78B
NRG NRG ENERGY INC 16.06 29.73B
SOJF SOUTHERN CO - SO 6 1/2 03/15/2085 6.01 28.16B
PPL PPL CORP 19.22 24.72B

About ALE

Company Profile

ALE logo image 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 include 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. The ALLETE Clean Energy segment is focused on developing, acquiring, and operating clean and renewable energy projects. The segment owns and operates 1,600 megawatts of wind energy generation in five energy markets and eight states across the United States. The firm is also engaged in the development of wind energy facilities to operate under long-term Power Sales Agreement (PSAs).

Company Info

ALLETE INC

30 W Superior St

Duluth MINNESOTA 55802 US

CEO: Bethany M. Owen

Employees: 1590

ALE Company Website

ALE Investor Relations

Phone: 12182795000

ALLETE INC / ALE FAQ

What is the stock price of ALLETE INC today?

The current stock price of ALE is 64.3 USD. The price decreased by -0.51% in the last trading session.


What is the ticker 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.


What is the price forecast or stock price prediction for ALLETE INC stock?

8 analysts have analysed ALE and the average price target is 67.5 USD. This implies a price increase of 4.97% is expected in the next year compared to the current price of 64.3. Check the ALLETE INC stock analysts ratings, price target forecast and up-and down grades for more detailed information.


What is ALLETE INC worth?

ALLETE INC (ALE) has a market capitalization of 3.73B USD. This makes ALE a Mid Cap stock.


How many employees does ALLETE INC have?

ALLETE INC (ALE) currently has 1590 employees.


What are the support and resistance levels for ALLETE INC (ALE) stock?

ALLETE INC (ALE) has a support level at 64.29 and a resistance level at 65.01. Check the full technical report for a detailed analysis of ALE support and resistance levels.


Is ALLETE INC (ALE) expected to grow?

The Revenue of ALLETE INC (ALE) is expected to decline by -1.51% in the next year. Check the estimates tab for more information on the ALE EPS, Sales, EBIT and EBITDA future analyst estimates.


Should I buy ALLETE INC (ALE) stock?

There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:


Does ALLETE INC (ALE) stock pay dividends?

ALLETE INC (ALE) has a dividend yield of 4.48%. The yearly dividend amount is currently 2.82. Check the full fundamental report for a detailed analysis of ALE dividend history, reliability and sustainability.


When does ALLETE INC (ALE) report earnings?

ALLETE INC (ALE) will report earnings on 2025-07-30, before the market open.


What is the Price/Earnings (PE) ratio of ALLETE INC (ALE)?

The PE ratio for ALLETE INC (ALE) is 20.16. This is based on the reported non-GAAP earnings per share of 3.19 and the current share price of 64.3 USD. Check the full fundamental report for a full analysis of the valuation metrics for ALE.


What is the Short Interest ratio of ALLETE INC (ALE) stock?

The outstanding short interest for ALLETE INC (ALE) is 1.8% of its float. Check the ownership tab for more information on the ALE short interest.


ALE Technical Analysis

ChartMill assigns a technical rating of 1 / 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 43.35% of all stocks.


Chartmill TA Rating
Chartmill Setup Rating

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.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

ALE Financial Highlights

Over the last trailing twelve months ALE reported a non-GAAP Earnings per Share(EPS) of 3.19. The EPS decreased by -23.32% compared to the year before.


Industry RankSector Rank
PM (TTM) 12.1%
ROA 2.69%
ROE 6.44%
Debt/Equity 0.64
Chartmill High Growth Momentum
EPS Q2Q%10.23%
Sales Q2Q%-0.77%
EPS 1Y (TTM)-23.32%
Revenue 1Y (TTM)-11.15%

ALE Ownership and Analysts

ChartMill assigns a Buy % Consensus number of 75% to ALE. The Buy consensus is the average rating of analysts ratings from 8 analysts.

For the next year, analysts expect an EPS growth of 28.37% and a revenue growth -1.51% for ALE


Ownership
Inst Owners74.61%
Ins Owners0.27%
Short Float %1.8%
Short Ratio2.83
Analysts
Analysts75
Price Target67.5 (4.98%)
EPS Next Y28.37%
Revenue Next Year-1.51%