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ALALLETE, Inc. logo

ALLETE, Inc. (ALE)

New York Stock Exchange · Currency in USD
$67.90 ▼ -0.04 (-0.06%)
At close: Dec 12, 4:00 PM ET. Market closed.
$67.99 ▲ +0.09 (+0.13%)
After hours: Dec 12, 7:55 PM ET

Summary

Previous Close
$67.94
Open
$67.95
Day's Range
$67.90 – $67.99
52 Week Range
$62.38 – $67.99
Volume
3,606,037
Avg. Volume
822,064
Market Cap
$3.94B
Beta (5Y Monthly)
0.82
PE Ratio (TTM)
66.57
EPS (TTM)
$1.02
Earnings Date
--
Forward Dividend & Yield
$2.92 (4.30%)
Ex-Dividend Date
Aug 15, 2025
1y Target Est
$58.00

Profile: ALLETE, Inc.

Sector
Utilities
Industry
Diversified Utilities
Full-time employees
1,595
CEO
Bethany Owen
Website
allete.com

ALLETE, Inc., an energy enterprise established in 1906 and headquartered in Duluth, Minnesota (originally known as Minnesota Power, Inc. until its name change in May 2001), conducts its business through Regulated Operations, ALLETE Clean Energy, and Corporate and Other segments. The company produces electricity utilizing diverse sources such as coal-fired, biomass co-fired/natural gas, hydroelectric, wind, and solar technologies. It delivers regulated utility services, providing electricity to approximately 145,000 retail customers and 15 non-affiliated municipal entities in northeastern Minnesota, alongside serving around 15,000 electric, 13,000 natural gas, and 10,000 water clients in northwestern Wisconsin.

Earnings

DateEst.Actual
Oct 31, 2025$0.80$0.46Miss
Aug 7, 2025$0.83$0.61Miss
May 8, 2025$1.04$1.01Miss
Feb 13, 2025$1.12$0.87Miss
Oct 30, 2024$0.93$0.78Miss
Aug 1, 2024$0.88$0.82Miss

Analyst view

Consensus price target
$58.00 ▼ -14.6%
Range $58.00 – $58.00
Rating: Hold
Buy 19% · Hold 75% · Sell 6%

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Data: Financial Modeling Prep. For information only, not investment advice.