ALLETE, Inc. – NYSE:ALE
ALLETE stock price today
$64.62
+0.18
+0.29%
Financial Health
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Market closed
Open in 2 days
ALLETE stock price monthly change
+1.45%
month
ALLETE stock price quarterly change
+1.45%
quarter
ALLETE stock price yearly change
+5.04%
year
ALLETE key metrics
Market Cap | 3.73B |
Enterprise value | 5.42B |
P/E | 20.66 |
EV/Sales | 3.45 |
EV/EBITDA | 11.60 |
Price/Sales | 2.37 |
Price/Book | 1.31 |
PEG ratio | 1.94 |
EPS | 4.18 |
Revenue | 1.71B |
EBITDA | 517.1M |
Income | 239.6M |
Revenue Q/Q | -28.60% |
Revenue Y/Y | -1.93% |
Profit margin | 11.49% |
Oper. margin | 10.53% |
Gross margin | 19.16% |
EBIT margin | 10.53% |
EBITDA margin | 30.1% |
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Sign up for freeALLETE stock price history
ALLETE stock forecast
ALLETE financial statements
| Jun 2023 | 533.4M | 51.5M | 9.66% |
|---|---|---|---|
| Sep 2023 | 378.8M | 85.9M | 22.68% |
| Dec 2023 | 402.7M | 51.5M | 12.79% |
| Mar 2024 | 403.3M | 50.7M | 12.57% |
| Mar 2024 | 403.3M | 50.7M | 12.57% |
|---|---|---|---|
| Sep 2025 | 434.9M | 41.47M | 9.54% |
| Oct 2025 | 434.9M | 41.54M | 9.55% |
| Dec 2025 | 499.8M | 71.54M | 14.32% |
Analysts Price target
Financials & Ratios estimates
| 2024-02-20 | 0.97 | 0.89 |
|---|
4.37%
Yield TTM
| Payout ratio | 89.35% |
|---|
| 2019 | 2.9% |
|---|---|
| 2020 | 3.99% |
| 2021 | 3.79% |
| 2022 | 4.05% |
| 2023 | 4.44% |
| Jun 2023 | 6567900000 | 3.19B | 48.71% |
|---|---|---|---|
| Sep 2023 | 6644800000 | 3.24B | 48.88% |
| Dec 2023 | 7365000000 | 3.95B | 53.74% |
| Mar 2024 | 6604600000 | 3.19B | 48.38% |
| Jun 2023 | 239.2M | -56.6M | -171.1M |
|---|---|---|---|
| Sep 2023 | 188.4M | -69.3M | -39M |
| Dec 2023 | 65.3M | -75.1M | -34.1M |
| Mar 2024 | 60.1M | -58.1M | -41.1M |
ALLETE alternative data
| Aug 2023 | 1,482 |
|---|---|
| Sep 2023 | 1,495 |
| Oct 2023 | 1,495 |
| Nov 2023 | 1,495 |
| Dec 2023 | 1,509 |
| Jan 2024 | 1,509 |
| Feb 2024 | 1,509 |
| Mar 2024 | 1,513 |
| Apr 2024 | 1,513 |
| May 2024 | 1,513 |
| Jun 2024 | 1,544 |
| Jul 2024 | 1,544 |
ALLETE other data
82.45%
+6.97%
of ALE is owned by hedge funds
291
+14
43.94M
+4.31M
shares is hold by hedge funds
What is insider trading?
| Period | Buy | Sel |
|---|---|---|
| Aug 2021 | 0 | 3253 |
| Transaction | Date | Insider | Security | Shares | Price per share | Total value | Source |
|---|---|---|---|---|---|---|---|
Sale | JIMMERSON HEIDI E | Common Stock | 3,253 | $69.5 | $226,084 | ||
Sale | HODNIK ALAN R | Common Stock | 6,000 | $58 | $348,000 | ||
Sale | HODNIK ALAN R | Common Stock | 6,000 | $80.39 | $482,340 | ||
Sale | ADAMS ROBERT JOHN | Common Stock | 5,419 | $79.8 | $432,436 | ||
Sale | ADAMS ROBERT JOHN | Common Stock | 5,419 | $79.8 | $432,436 | ||
Sale | LUDLOW MADELEINE W | Common Stock | 1,200 | $79.45 | $95,340 | ||
Sale | HODNIK ALAN R | Common Stock | 6,000 | $80.31 | $481,860 | ||
Sale | HODNIK ALAN R | Common Stock | 6,000 | $86.98 | $521,880 | ||
Sale | HODNIK ALAN R | Common Stock | 6,000 | $85.09 | $510,540 | ||
Sale | HODNIK ALAN R | Common Stock | 4,000 | $84.74 | $338,960 |
| Quarter | Transcript |
|---|---|
| Q4 2023 20 Feb 2024 | Q4 2023 Earnings Call Transcript |
| Q3 2023 4 Nov 2023 | Q3 2023 Earnings Call Transcript |
| Q2 2023 8 Aug 2023 | Q2 2023 Earnings Call Transcript |
| Q1 2023 3 May 2023 | Q1 2023 Earnings Call Transcript |
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What's the price of ALLETE stock today?
One share of ALLETE stock can currently be purchased for approximately $64.62.
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When is ALLETE's next earnings date?
Unfortunately, ALLETE's (ALE) next earnings date is currently unknown.
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Does ALLETE pay dividends?
Yes, ALLETE pays dividends and its trailing 12-month yield is 4.38% with 89% payout ratio. The last ALLETE stock dividend of $0.65 was paid on 1 Mar 2022.
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How much money does ALLETE make?
ALLETE has a market capitalization of 3.73B and it's past years’ income statements indicate that its last revenue has increased compared to the previous period by 19.68% to 1.88B US dollars. ALLETE earned 247.1M US dollars in net income (profit) last year or $0.89 on an earnings per share basis.
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What is ALLETE's stock symbol?
ALLETE, Inc. is traded on the NYSE under the ticker symbol "ALE".
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What is ALLETE's primary industry?
Company operates in the Utilities sector and Diversified Utilities industry.
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How do i buy shares of ALLETE?
Shares of ALLETE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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Who are ALLETE's key executives?
ALLETE's management team includes the following people:
- Ms. Bethany M. Owen Chair, Chief Executive Officer & Pres(age: 59, pay: $1,080,000)
- Mr. Robert J. Adams Senior Vice President & Chief Financial Officer(age: 62, pay: $772,750)
- Ms. Nicole Renee Johnson Vice President & Chief Admin. Officer(age: 50, pay: $487,080)
- Ms. Margaret A. Thickens Vice President, Chief Legal Officer & Corporation Sec.(age: 58, pay: $462,310)
- Mr. Steven Wayne Morris Vice President & Chief Accounting Officer(age: 63, pay: $455,680)
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How many employees does ALLETE have?
As Jul 2024, ALLETE employs 1,544 workers, which is 2% more then previous quarter.
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When ALLETE went public?
ALLETE, Inc. is publicly traded company for more then 52 years since IPO on 3 May 1973.
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What is ALLETE's official website?
The official website for ALLETE is allete.com.
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Where are ALLETE's headquarters?
ALLETE is headquartered at 30 West Superior Street, Duluth, MN.
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How can i contact ALLETE?
ALLETE's mailing address is 30 West Superior Street, Duluth, MN and company can be reached via phone at +218 2795000.
ALLETE company profile:
ALLETE, Inc.
allete.comExchange:
NYSE
Full time employees:
1,564
Industry:
Diversified Utilities
Sector:
Utilities
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.
30 West Superior Street
Duluth, MN 55802-2093
Duluth, MN 55802-2093
CIK: 0000066756
ISIN: US0185223007
CUSIP: 018522300
