ALLETE INC (ALE)

US0185223007 - Common Stock

59.64  +0.82 (+1.39%)

After market: 59.64 0 (0%)

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ALLETE INC

NYSE:ALE (3/28/2024, 5:05:00 PM)

After market: 59.64 0 (0%)

59.64

+0.82 (+1.39%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryElectric Utilities
Chartmill FA Rating
Valuation
Growth
Profitability
Health
Dividend
Overview
Earnings (Last)
Earnings (Next)
Ins Owners
Inst Owners
Market Cap3.43B
Shares
PE13.87
Fwd PE15.3
Dividend Yield4.82%
Analysts
IPO
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ALE Daily chart

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 1,509 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 company also 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 also 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

P: 12182795000

CEO: Bethany M. Owen

Employees: 1509

Website: https://www.allete.com/

ALE News

News Imagea month ago - New Energy EquityNew Energy Equity announces Tim Ahrens as Senior Vice President of Development

/PRNewswire/ -- New Energy Equity, national developer and financier of community and commercial solar projects, has named Tim Ahrens as its Senior Vice...

News Imagea month ago - ALLETE, Inc.ALLETE, Inc. reports 2023 earnings of $4.30 per share; clean energy transition drives $4.3 billion capital investment plan over the next five years
News Imagea month ago - ALLETE Inc.Minnesota Power advances EnergyForward with request for proposals for up to 400 megawatts of wind energy
News Image2 months ago - ALLETE Inc.ALLETE to announce 2023 financial results on February 20
News Image2 months ago - New Energy EquityNew Energy Equity names Jackie Chambers as chief investment officer

/PRNewswire/ -- New Energy Equity, national developer and financier of community and commercial solar projects, has welcomed Jackie Chambers to its leadership...

News Image2 months ago - Seeking AlphaALLETE raises dividend by 4.1% to $0.705 (NYSE:ALE)

ALLETE (ALE) declares $0.705/share quarterly dividend, 4.1% increase from prior dividend of $0.677. Forward yield 4.74% Payable March 1; for shareholders of rec

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