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ALLETE, Inc. (ALE)
67.9  -0.04 (-0.06%)    12-12 16:00
Open: 67.95
High: 67.99
Volume: 3,606,037
  
Pre. Close: 67.94
Low: 67.895
Market Cap: 3,944(M)
Technical analysis
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Stock Price Prediction
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Company Description

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 as regulated utility electric services in northeastern Minnesota to approximately 145,000 retail customers and 15 non-affiliated municipal customers. It also owns and maintains electric transmission assets in Wisconsin, Michigan, Minnesota, and Illinois. In addition, the company focuses on developing, acquiring, and operating clean and renewable energy projects; and owns and operates approximately 1,000 megawatts of wind energy generation facility. Further, it is involved in the coal mining operations in North Dakota; and real estate investment activities in Florida. The company owns and operates 158 substations with a total capacity of 10,066 megavolt amperes. It serves taconite mining, paper, pulp and secondary wood products, pipeline, and other industries. The company was formerly known as Minnesota Power, Inc. and changed its name to ALLETE, Inc. in May 2001. ALLETE, Inc. was incorporated in 1906 and is headquartered in Duluth, Minnesota.

Headline News

Fri, 10 Apr 2026
Schwab Small-Cap Index Fund's ALLETE Inc(ALE) Holding History - GuruFocus

Sun, 22 Mar 2026
ALE SEC Filings - Allete Inc 10-K, 10-Q, 8-K Forms - Stock Titan

Wed, 04 Mar 2026
Allete, Inc. (ALE) stock news today: Live updates - Bitget

Mon, 15 Dec 2025
ALLETE Board of Directors Declares Stub Period Dividend on Common Stock - Yahoo Finance

Mon, 15 Dec 2025
ALLETE (NYSE: ALE) completes cash merger; holders get $67 per share, stock delisted - Stock Titan

Mon, 15 Dec 2025
ALLETE Announces Completion of Acquisition by CPP Investments and Global Infrastructure Partners - Business Wire

Financial Analysis
Price to Book Value:
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Neutral
Price to Earnings:
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Underperform
Discounted cash flow:
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Underperform
Return on Assets:
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Neutral
Return on Equity:
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Underperform
Debt to Equity:
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Neutral
Stock Basics & Statistics
Exchange:
NYSE
Sector:
Utilities
Industry:
Diversified Utilities
Shares Out 0 (M)
Shares Float 0 (M)
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Shares Short 0 (K)
Shares Short P.Month 0 (K)
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Operating Cash Flow 0 (M)
Levered Free Cash Flow 0 (M)
Stock Valuations
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Stock Dividends
Dividend
Forward Dividend
Dividend Yield 0%
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