ALLETE
(NYSE:ALE)
$63.10
0[0.00%]
At close: May 7
$63.10
0[0.00%]
After Hours: 4:04PM EDT
The dividend Ex-Date is in 5 days
Q1 2024 earnings tomorrow on Thu May 9th before the market open
Conference call scheduled tomorrow at 10:00 AM Click to view the webcast
ALLETE (ALE) announced it will be acquired by Global Infrastructure Partners on Monday, May 6, 2024 for $6.2B paid in cash
OverviewNewsEarningsGuidanceDividendsAnalyst RatingsInsider TradesShort Interest
62.5%
Overview Rating
Good
Technicals Analysis
66
0100
Financials Analysis
60
0100

ALLETE Stock (NYSE:ALE), Quotes and News Summary

ALLETE Stock (NYSE: ALE) stock price, news, charts, stock research, profile.

Open-
Close-
Volume / Avg.0 / 366.562K
Day Range- - -
52 Wk Range49.290 - 65.860
Market Cap$3.639B
P/E Ratio14.674
Dividend Yield4.470%
ExchangeNYSE
RSI
67
Short Interest
2.85%
Days to Cover4.5

Recent News

Electric Services Company ALLETE Going Green And Private: Details
ALLETE to be acquired by CPP Investments and GIP for $6.2 billion. Deal expected to close mid-2025.
Lekha Gupta
Top 5 Utilities Stocks That Should Keep You Up At Night
As of Dec. 12, 2023, five stocks in the utilities sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Avi Kapoor
Allete Mulls Sale After Recent Q3 Revenue Dip, Attracts Infrastructure Funds: Report
Allete, Inc. (NYSE: ALE) is reportedly exploring selling the company after registering a 2% year-over-year decline in sales in 
Nabaparna Bhattacharya
60%

Financials

Quarterly
Annual
Name
Revenue
Change
Gross
Change
EBITDA
Change
EBIT
Change
Earnings
Change
Analyst Trend
2
Jan
1
Feb
Buy
Hold
Sell
Strong Sell
Analyst Rating
12345
1.9
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Compare

EPS better than industry
Earnings Per Share
EPS is the portion of a company's profit allocated to each outstanding share of common stock. It is a key metric for investors to assess a company's profitability.
ALE
CIG

FAQ

Q

How do I buy ALLETE (ALE) stock?

A

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

View our list of the best stock brokerages.

Q

Who are ALLETE's (ALE) competitors?

A

Other companies in ALLETE’s space includes: Cia Energetica DE Minas (NYSE:CIG), Enel Chile (NYSE:ENIC), Evergy (NASDAQ:EVRG), Otter Tail (NASDAQ:OTTR) and Comp En De Mn Cemig ADS American Depositary Receipts (NYSE:CIG/C).

Q

What is the target price for ALLETE (ALE) stock?

A

The latest price target for ALLETE (NYSE: ALE) was reported by Wells Fargo on Wednesday, February 21, 2024. The analyst firm set a price target for 59.00 expecting ALE to fall to within 12 months (a possible -6.50% downside). 6 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 $63.1 last updated May 7, 2024 at 4:04 PM EDT.

Q

Does ALLETE (ALE) pay a dividend?

A

The next ALLETE (ALE) dividend date is projected to be Monday, May 13, 2024.

Q

When is ALLETE (NYSE:ALE) reporting earnings?

A

ALLETE’s Q2 earnings are confirmed for Tuesday, August 6, 2024.

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.

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