ALLETE INC (ALE) Stock Overview
USA - NYSE:ALE - US0185223007 - Common Stock
ALE Key Statistics, Chart & Performance
The current stock price of ALE is 67.35 USD. In the past month the price increased by 4.94%. In the past year, price increased by 4.61%.
ALE Latest News, Press Relases and Analysis
ALE Competitors/Peers
Symbol | Company Name | TA | FA | PE | Market Cap |
|---|---|---|---|---|---|
| NEE | NEXTERA ENERGY INC | 23.83 | 176.67B | ||
| CEG | CONSTELLATION ENERGY | 45.8 | 126.20B | ||
| SO | SOUTHERN CO/THE | 24.44 | 109.70B | ||
| DUK | DUKE ENERGY CORP | 20.46 | 100.06B | ||
| AEP | AMERICAN ELECTRIC POWER | 19.56 | 63.39B | ||
| XEL | XCEL ENERGY INC | 22.41 | 48.38B | ||
| EXC | EXELON CORP | 17.98 | 48.31B | ||
| ETR | ENTERGY CORP | 24.23 | 43.59B | ||
| PCG | P G & E CORP | 12.64 | 36.66B | ||
| NRG | NRG ENERGY INC | 22.02 | 33.14B | ||
| SOJF | SOUTHERN CO - SO 6 1/2 03/15/2085 | 6.33 | 28.41B | ||
| PPL | PPL CORP | 22.6 | 28.08B |
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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 1,610 full-time employees. The firm's segments include Regulated Operations, ALLETE Clean Energy, New Energy and Corporate and Other. The Regulated Operations segment includes its regulated utilities, Minnesota Power and Superior Water, Light and Power Company, as well as its investment in American Transmission Company LLC, a Wisconsin-based regulated utility that owns and maintains electric transmission assets in portions of Wisconsin, Michigan, Minnesota and Illinois. The ALLETE Clean Energy segment is focused on developing, acquiring, and operating clean and renewable energy projects. The New Energy segment is a renewable energy company with a primary focus on developing solar and energy storage facilities for external sale and internal ownership while also offering comprehensive operations, maintenance and asset management services. The Corporate and Other segment is comprised of its investment in Nobles 2, South Shore Energy, BNI Energy, ALLETE Properties and others.
Company Info
ALLETE INC
30 W Superior St
Duluth MINNESOTA 55802 US
CEO: Bethany M. Owen
Employees: 1590
Phone: 12182795000
ALLETE INC / ALE FAQ
What is the stock price of ALLETE INC today?
The current stock price of ALE is 67.35 USD. The price decreased by -0.03% 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?
6 analysts have analysed ALE and the average price target is 70.67 USD. This implies a price increase of 4.93% is expected in the next year compared to the current price of 67.35. 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 3.91B 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 67.25 and a resistance level at 67.36. 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:
- The Technical Analysis (TA) tab contains a technical analysis of ALE, looking at technical quality and support and resistance levels
- The Fundamental Analysis (FA) tab contains a fundamental analysis of ALE, evaluating the profitability, health, valuation and growth aspects
- ALLETE INC (ALE) Price Target Forecast and Analysts Ratings to understand what professional analysts say.
- ALLETE INC (ALE) Sales and EPS estimates to see what analysts future expectations are.
- ALLETE INC (ALE) Income, Balance Sheet and Cash Flow statements to dive into the historical financials.
- ALLETE INC (ALE) Insider and Institutional Ownership to learn about the owners and their transactions.
- ALLETE INC (ALE) Stock Chart to make your own analysis
- ALLETE INC (ALE) Latest news and press-releases to stay up to date.
Does ALLETE INC (ALE) stock pay dividends?
ALLETE INC (ALE) has a dividend yield of 4.34%. 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 2025-10-30, before the market open.
What is the Price/Earnings (PE) ratio of ALLETE INC (ALE)?
The PE ratio for ALLETE INC (ALE) is 21.25. This is based on the reported non-GAAP earnings per share of 3.17 and the current share price of 67.35 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 1.5% of its float. Check the ownership tab for more information on the ALE short interest.
ALE Technical Analysis
ChartMill assigns a technical rating of 8 / 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 53.18% of all stocks.
ALE Fundamental Analysis
ChartMill assigns a fundamental rating of 4 / 10 to ALE. While ALE is still in line with the averages on profitability rating, there are concerns on its financial health.
ALE Financial Highlights
Over the last trailing twelve months ALE reported a non-GAAP Earnings per Share(EPS) of 3.17. The EPS decreased by -17.23% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | 11.98% | ||
| ROA | 2.66% | ||
| ROE | 6.42% | ||
| Debt/Equity | 0.68 |
ALE Forecast & Estimates
6 analysts have analysed ALE and the average price target is 70.67 USD. This implies a price increase of 4.93% is expected in the next year compared to the current price of 67.35.
For the next year, analysts expect an EPS growth of 18.92% and a revenue growth -1.51% for ALE