ALLETE
(NYSE:ALE)
57.77
0.37[0.64%]
At close: Jun 24
57.75
-0.0200[-0.03%]
After Hours: 4:04PM EDT
Day High/Low57.5 - 58.48
52 Week High/Low56.55 - 73.1
Open / Close57.5 / 57.75
Float / Outstanding45.1M / 57M
Vol / Avg.1.2M / 392.7K
Mkt Cap3.3B
P/E16.59
50d Avg. Price60.73
Div / Yield2.6/4.50%
Payout Ratio72.99
EPS1.24
Total Float45.1M

ALLETE (NYSE:ALE), Quotes and News Summary

ALLETE (NYSE: ALE)

Day High/Low57.5 - 58.48
52 Week High/Low56.55 - 73.1
Open / Close57.5 / 57.75
Float / Outstanding45.1M / 57M
Vol / Avg.1.2M / 392.7K
Mkt Cap3.3B
P/E16.59
50d Avg. Price60.73
Div / Yield2.6/4.50%
Payout Ratio72.99
EPS1.24
Total Float45.1M
Sector: Utilities.Industry: Electric Utilities
ALLETE Inc is a regulated electric utility company operating primarily in America's Upper Midwest region. Through its subsidiaries, ALLETE provides regulated electric, natural gas, and water services. The company's Regulated Operations division, which houses its energy generation, transmission, and distribution activities, is responsible for most of ALLETE's total revenue by way of electricity sales and transmission service fees. The majority of the energy sold and distributed by ALLETE is produced by its own portfolio of coal-fired, wind, natural gas-fired, biomass, and hydroelectric power plants. Coal fuel sources, specifically, account for most of this. The company's major customers are industrial entities, such as major iron ore, wood product, and pipeline producers.

Earnings

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Q2 2022Est.ActualSurprise
EPS
(EXPECTED)2022-08-03
REV
Q1 2022Est.ActualSurprise
EPS1.3101.270 -0.0400
REV353.250M383.500M30.250M

Analyst Ratings

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DateAnalyst FirmAnalyst NameActionRatingAction Price Prior Price Target

ALLETE Questions & Answers

Q
How do I buy ALLETE (ALE) stock?
A

You can purchase shares of ALLETE (NYSE: ALE) through any online brokerage.

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Q
Who are ALLETE's (ALE) competitors?
Q
What is the target price for ALLETE (ALE) stock?
A

The latest price target for ALLETE (NYSE: ALE) was reported by B of A Securities on Wednesday, May 25, 2022. The analyst firm set a price target for 63.00 expecting ALE to rise to within 12 months (a possible 9.05% upside). 2 analyst firms have reported ratings in the last year.

Q
Current Stock Price for ALLETE (ALE)?
A

The stock price for ALLETE (NYSE: ALE) is $57.77 last updated June 24, 2022, 7:59 PM UTC.

Q
Does ALLETE (ALE) pay a dividend?
A

A quarterly cash dividend of $0.65 per share of Class A Common Stock. The quarterly cash dividend was payable on June 1, 2022 to stockholders of record on May 13, 2022.

Q
When is ALLETE (NYSE:ALE) reporting earnings?
A

ALLETE’s Q2 earnings are confirmed for Wednesday, August 3, 2022.

Q
Is ALLETE (ALE) going to split?
A

There is no upcoming split for ALLETE.

Q
What sector and industry does ALLETE (ALE) operate in?
A

ALLETE is in the Utilities sector and Electric Utilities industry. They are listed on the NYSE.