ALE - ALLETE, Inc. Stock Price and Quote

ALE [NYSE]

Utilities | Utilities - Diversified | USA

Index	-	P/E	18.59	EPS (ttm)	3.41	Insider Own	0.39%	Shs Outstand	57.20M	Perf Week	1.42%
Market Cap	3.48B	Forward P/E	15.59	EPS next Y	4.06	Insider Trans	0.00%	Shs Float	56.94M	Perf Month	3.52%
Income	189.30M	PEG	2.14	EPS next Q	1.22	Inst Own	78.90%	Short Float / Ratio	1.74% / 3.11	Perf Quarter	-1.62%
Sales	1.57B	P/S	2.22	EPS this Y	4.90%	Inst Trans	0.90%	Short Interest	0.99M	Perf Half Y	16.59%
Book/sh	47.06	P/B	1.35	EPS next Y	8.46%	ROA	2.80%	Target Price	65.17	Perf Year	-3.83%
Cash/sh	0.66	P/C	95.64	EPS next 5Y	8.70%	ROE	7.20%	52W Range	47.77 - 68.46	Perf YTD	-1.41%
Dividend	2.71	P/FCF	-	EPS past 5Y	1.60%	ROI	3.60%	52W High	-7.10%	Beta	0.73
Dividend %	4.28%	Quick Ratio	0.40	Sales past 5Y	2.00%	Gross Margin	88.40%	52W Low	33.14%	ATR	1.56
Employees	1467	Current Ratio	1.00	Sales Q/Q	6.70%	Oper. Margin	8.50%	RSI (14)	56.26	Volatility	3.27% 2.51%
Optionable	Yes	Debt/Eq	0.71	EPS Q/Q	-22.50%	Profit Margin	12.10%	Rel Volume	0.51	Prev Close	63.33
Shortable	Yes	LT Debt/Eq	0.61	Earnings	Feb 16 BMO	Payout	76.30%	Avg Volume	319.04K	Price	63.60
Recom	2.70	SMA20	2.42%	SMA50	2.66%	SMA200	5.65%	Volume	133,666	Change	0.43%

Jan-23-23

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Guggenheim

Neutral → Sell

$53 → $54

Nov-17-22

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JP Morgan

Underweight → Neutral

$65

Nov-14-22

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BofA Securities

Neutral → Buy

$53 → $66

May-25-22

Initiated

BofA Securities

Neutral

$63

Jan-21-21

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Guggenheim

Buy → Neutral

$66

Apr-02-20

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Sidoti

Buy → Neutral

$61

Mar-03-20

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Mizuho

Underperform → Neutral

$83 → $74

Jan-08-20

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Guggenheim

Neutral → Buy

Feb-19-19

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Williams Capital Group

Sell → Hold

$69 → $76

Feb-11-19

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Mizuho

Neutral → Underperform

Show Previous Ratings

Mar-08-23 05:33AM	ALLETE (NYSE:ALE) shareholders have endured a 1.2% loss from investing in the stock three years ago Simply Wall St.
Feb-18-23 07:16AM	ALLETE Full Year 2022 Earnings: Revenues Beat Expectations, EPS Lags Simply Wall St.
Feb-16-23 07:35AM	Allete (ALE) Q4 Earnings Lag Estimates Zacks
06:30AM	ALLETE, Inc. Reports 2022 Earnings of $3.38 Per Share;Initiates 2023 Earnings Guidance Range of $3.55 to $3.85 Per Share Business Wire
Feb-15-23 02:58PM	3 Utility Stocks to Buy for a Hedge Against Inflation Zacks
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09:09AM	Utilities to Watch for Q4 Earnings on Feb 16: ETR, ED & More Zacks
Feb-14-23 09:30AM	Sidoti & Company, LLC Announces Registration Now Open for March Small-Cap and May Micro-Cap Conferences ACCESSWIRE
Feb-07-23 09:07AM	Dividend Capture Strategy: 10 High-Yield Stocks to Buy in February Insider Monkey
Feb-06-23 05:13AM	ALLETE (NYSE:ALE) Has Announced That It Will Be Increasing Its Dividend To $0.6775 Simply Wall St.
Feb-03-23 06:30AM	ALLETE Board of Directors raises quarterly common stock dividend Business Wire
Feb-02-23 11:40AM	ALE or WEC: Which Is the Better Value Stock Right Now? Zacks
Jan-31-23 09:35AM	After Plunging -6.45% in 4 Weeks, Here's Why the Trend Might Reverse for Allete (ALE) Zacks
Jan-30-23 04:05PM	ALLETE, Grid United join forces to develop key transmission link to enhance reliability of the nations electric grid Business Wire
Jan-26-23 06:55AM	ALLETE, Inc.'s (NYSE:ALE) Stock Financial Prospects Look Bleak: Should Shareholders Be Prepared For A Share Price Correction? Simply Wall St.
Jan-24-23 04:05PM	Minnesota Public Utilities Commission Sets New Rates for Minnesota Power Business Wire
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Jan-19-23 04:30PM	ALLETE to announce 2022 financial results on Feb. 16 Business Wire
Dec-22-22 09:00AM	Calculating The Fair Value Of ALLETE, Inc. (NYSE:ALE) Simply Wall St.
Dec-20-22 09:02AM	Dividend Achievers List Ranked By Yield: Top 25 Insider Monkey
Dec-05-22 11:40AM	ALE vs. HE: Which Stock Should Value Investors Buy Now? Zacks
Nov-30-22 10:50AM	Reasons to Add ALLETE (ALE) to Your Portfolio Right Now Zacks
Nov-29-22 12:00PM	Allete (ALE) Is Up 2.97% in One Week: What You Should Know Zacks
Nov-21-22 06:51AM	An excellent week for ALLETE, Inc.'s (NYSE:ALE) institutional owners who own 79% as one-year returns inch higher Simply Wall St.
Nov-17-22 11:40AM	ALE or HE: Which Is the Better Value Stock Right Now? Zacks
Nov-13-22 09:49AM	10 Best Dividend Stocks With Over 10 Years of Dividend Increases Insider Monkey
Nov-10-22 05:23PM	Minnesota Power Ready to Move Next Phase of EnergyForward Following MPUC Approval of Resource Plan Business Wire +6.78%
Nov-09-22 07:45AM	Allete (ALE) Q3 Earnings Miss Estimates Zacks
06:30AM	ALLETE, Inc. Reports Third Quarter Earnings; Expects 2022 Earnings Near Mid-Point of $3.60 - $3.90 Per Share Range Business Wire
Nov-08-22 10:16AM	10 Best Safe Dividend Stocks for Retirement Portfolios Insider Monkey
Nov-07-22 02:00PM	Minnesota Power Advances Clean-Energy Future by Increasing Targets for Renewable Energy Resources Under Its EnergyForward Plan Business Wire
07:55AM	NiSource (NI) Q3 Earnings Miss Estimates Zacks
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Nov-04-22 01:57PM	New Energy Equity announces promotions of executive leadership team PR Newswire
10:35AM	ALLETE (NYSE:ALE) Is Reinvesting At Lower Rates Of Return Simply Wall St.
08:45AM	Dominion Energy (D) Surpasses Q3 Earnings and Revenue Estimates Zacks
Oct-31-22 08:45AM	PSEG (PEG) Beats Q3 Earnings and Revenue Estimates Zacks
Oct-28-22 06:30AM	ALLETE Board of Directors declares dividend on common stock Business Wire
Oct-12-22 05:26AM	Zacks.com featured highlights include Terns Pharmaceuticals, AllianceBernstein Holding and ALLETE Zacks
Oct-11-22 08:54AM	3 Stocks for Higher Returns as New Analysts Initiate Coverage Zacks
Oct-07-22 04:30PM	ALLETE to announce third quarter financial results Nov. 9 Business Wire
Oct-03-22 11:45AM	Why Allete (ALE) is a Great Dividend Stock Right Now Zacks
Sep-26-22 07:59AM	ALLETE (NYSE:ALE) sheds US$110m, company earnings and investor returns have been trending downwards for past three years Simply Wall St.
Aug-30-22 05:58PM	Midcontinent Independent System Operator, Inc -- Moody's announces completion of a periodic review for a group of North American Utilities issuers Moody's
Aug-22-22 05:30PM	Leadership Roles Change as ALLETE Positions for Continued Success Business Wire
Aug-19-22 03:31PM	NRG Energy (NRG) Gains on Diverse Customers & Debt Management Zacks
06:44AM	Can ALLETE, Inc.'s (NYSE:ALE) Weak Financials Pull The Plug On The Stock's Current Momentum On Its Share Price? Simply Wall St.
Aug-15-22 09:10AM	FirstEnergy (FE) Benefits From Investment & Debt Management Zacks
Aug-03-22 12:30PM	ALLETE (ALE) Q2 2022 Earnings Call Transcript Motley Fool
07:45AM	Allete (ALE) Q2 Earnings and Revenues Beat Estimates Zacks
06:30AM	ALLETE, Inc. Reports Second Quarter Earnings of 67 Cents Per Share, Reaffirms 2022 Earnings Guidance Range of $3.60 - $3.90 Per Share Business Wire
Jul-28-22 10:02AM	Ameren (AEE) Earnings Expected to Grow: What to Know Ahead of Next Week's Release Zacks
06:30AM	ALLETE Board of Directors declares dividend on common stock Business Wire
Jul-27-22 10:02AM	Allete (ALE) Earnings Expected to Grow: Should You Buy? Zacks
Jul-25-22 03:15PM	Minnesota Power and Great River Energy to Build Transmission Line to Bolster Electric Reliability in Northern Minnesota Business Wire
Jul-15-22 07:01AM	Are Investors Undervaluing ALLETE, Inc. (NYSE:ALE) By 28%? Simply Wall St.
Jul-14-22 11:40AM	ALE vs. EXC: Which Stock Should Value Investors Buy Now? Zacks
Jul-11-22 04:30PM	ALLETE to Announce Second Quarter Financial Results August 3 Business Wire
Jul-06-22 04:30PM	Charles Matthews Named to ALLETE Board of Directors Business Wire
Jun-12-22 10:53AM	How Much Of ALLETE, Inc. (NYSE:ALE) Do Institutions Own? Simply Wall St.
May-31-22 08:49AM	4 Reasons to Add ALLETE (ALE) to Your Portfolio Right Now Zacks
May-28-22 09:08AM	ALLETE (NYSE:ALE) Could Be Struggling To Allocate Capital Simply Wall St.
May-12-22 07:26AM	Analysts Are Betting On ALLETE, Inc. (NYSE:ALE) With A Big Upgrade This Week Simply Wall St.
May-05-22 10:00PM	ALLETE (ALE) Q1 2022 Earnings Call Transcript Motley Fool
03:09PM	Most Minnesota public-company stock prices have slumped since the beginning of the year American City Business Journals
07:55AM	Allete (ALE) Q1 Earnings Lag Estimates Zacks
06:30AM	ALLETE, Inc. Reports First Quarter Earnings of $1.24 Per Share Business Wire
May-02-22 08:15AM	WEC Energy Group (WEC) Q1 Earnings and Revenues Beat Estimates Zacks
May-01-22 08:04AM	ALLETE (NYSE:ALE) Has Announced That It Will Be Increasing Its Dividend To US$0.65 Simply Wall St.
Apr-28-22 06:00AM	ALLETE Board of Directors Declares Dividend on Common Stock Business Wire
Apr-25-22 12:30PM	ALLETE Recognized as a Minnesota Company of Special Distinction for Its Commitment to Advancing Women in Leadership Roles Business Wire
Apr-20-22 07:01AM	3 Income-Generating Stocks that Shout Buy Me! InvestorPlace
Apr-18-22 02:18PM	ALLETE (NYSE:ALE) shareholders have endured a 11% loss from investing in the stock three years ago Simply Wall St.
Apr-15-22 11:00AM	ALLETE Closes Acquisition of New Energy Equity, a Leading Solar Development Company Business Wire
Apr-07-22 04:15PM	ALLETE to Announce First Quarter Financial Results May 5 Business Wire
Mar-31-22 10:29PM	ALLETE Announces Pricing of Upsized Common Stock Offering Business Wire
04:05PM	ALLETE Announces Offering of Common Stock Business Wire
08:00AM	Alerio Gold Prepares for Exploration Activities in Guyana ACCESSWIRE
Mar-22-22 09:50AM	Sidoti March Virtual Small Cap Investor Conference ACCESSWIRE
Mar-03-22 05:30PM	IPS Solar Acquired by New Energy Equity PR Newswire
Mar-02-22 04:05PM	ALLETE Advances Solar Strategy by Acquiring New Energy Equity, a Leading Solar Development Company Business Wire
Feb-16-22 01:30PM	ALLETE (ALE) Q4 2021 Earnings Call Transcript Motley Fool
06:30AM	ALLETE, Inc. Reports 2021 Earnings of $3.23 Per Share; Initiates 2022 Earnings Guidance Range of $3.60 to 3.90 Per Share Business Wire
Feb-10-22 09:31AM	ALLETE's (NYSE:ALE) Shareholders Will Receive A Bigger Dividend Than Last Year Simply Wall St.
Feb-09-22 05:00PM	ALLETE Names Steven W. Morris Senior Vice President and Chief Financial Officer Business Wire
Feb-05-22 07:36AM	Calculating The Intrinsic Value Of ALLETE, Inc. (NYSE:ALE) Simply Wall St.
Feb-03-22 06:30AM	ALLETE Board of Directors Raises Quarterly Common Stock Dividend Business Wire
Feb-02-22 04:15PM	ALLETE Board Selects Susan K. Nestegard as Lead Director Business Wire
Feb-01-22 05:38PM	Polaris Capital Management, LLC Buys FedEx Corp, Allison Transmission Holdings Inc, Wabash ... GuruFocus.com
Jan-25-22 05:38PM	Deroy & Devereaux Private Investment Counsel Inc Buys Hasbro Inc, ALLETE Inc, Six Flags ... GuruFocus.com
06:30AM	ALLETE Clean Energys Caddo Wind Site Begins Delivering Renewable Energy Business Wire
Jan-18-22 06:30AM	ALLETE to Announce 2021 Financial Results on Feb. 16 Business Wire
Jan-13-22 11:54AM	Reasons to Add ALLETE (ALE) to Your Portfolio Right Now Zacks
Jan-11-22 04:15PM	ALLETE Senior Vice President and Chief Financial Officer Robert Adams Announces Retirement Plans as Part of Orderly Transition Business Wire
Jan-02-22 06:23AM	Do Institutions Own ALLETE, Inc. (NYSE:ALE) Shares? Simply Wall St.
Dec-11-21 05:38AM	Penn Series International Equity Fund Buys CAE Inc, Wal - Mart de Mexico SAB de CV, NAVER Corp, ... GuruFocus.com
02:38AM	Virtus KAR International Small-Mid Cap Fund II Buys Knorr-Bremse AG, Allegro. ... GuruFocus.com
02:38AM	Virtus KAR International Small-Mid Cap Fund Buys Infrastrutture Wireless Italiane SpA, ... GuruFocus.com
Nov-27-21 08:15AM	There Are Reasons To Feel Uneasy About ALLETE's (NYSE:ALE) Returns On Capital Simply Wall St.
Nov-04-21 11:03PM	ALLETE (ALE) Q3 2021 Earnings Call Transcript Motley Fool
08:55AM	Allete (ALE) Q3 Earnings Miss Estimates Zacks
06:30AM	ALLETE, Inc. Reports Third Quarter Earnings of 53 Cents; Reaffirms 2021 Earnings Guidance Range Business Wire
Nov-01-21 11:00AM	Minnesota Power Files Request for Rate Change to Support Sustainable Energy Future Amid Changing Customer Demand Business Wire

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 150,000 retail customers and 14 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 1,300 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 162 substations with a total capacity of 10,116 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. The company was incorporated in 1906 and is headquartered in Duluth, Minnesota.

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