The all-time high Allete stock closing price was 108.10 on June 10, 2004.; The Allete 52-week high stock price is 84.71, which is 21.5% above the current share price. Export data to Excel for your own analysis. ALLETE is a publicly held company that operates in a complex, dynamic, competitive and regulated environment. ALLETE, Inc. (NYSE:ALE) announced its quarterly earnings data on Saturday, November, 14th. View analyst ratings for ALLETE or view MarketBeat's top 5 stock picks. View ALLETE's Short Interest. peer companies that do receive analyst-driven ratings. In addition to its electric utilities, Minnesota Power and Superior Water, Light and Power of Wisconsin, ALLETE owns ALLETE Clean Energy, based in Duluth, U.S. Water Services headquartered in St. Michael, Minn., BNI Energy in Center, N.D., and has an eight percent equity interest in the American Transmission Co. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. Top institutional investors include State of Alaska Department of Revenue (0.02%), Redpoint Investment Management Pty Ltd (0.02%), HGK Asset Management Inc. (0.01%), Crossmark Global Holdings Inc. (0.01%) and First Citizens Bank & Trust Co. (0.01%). The company owns and operates 158 substations with a total capacity of 8,875 megavoltamperes. employee of Morningstar, Inc., Mr. Davidson is guided by Morningstar, Inc.'s Code of Ethics The business's revenue for the quarter was up 1.9% on a year-over-year basis. ALLETE's other segment includes coal mining operations, emerging technologies related to electric utilities, and a real estate business (large land tracts in Florida). Now people are pouring into cryptos like we haven’t seen in years... but don’t do anything until you see this new warning. and Personal Securities Trading Policy in carrying out his responsibilities. See what's happening in the market right now with MarketBeat's real-time news feed. To see all exchange delays and terms of use please see disclaimer. Click here for more on how to use these ratings. Historical daily share price chart and data for Allete since 1973 adjusted for splits. Through its subsidiaries, ALLETE provides regulated electric, natural gas, and water services. 326 E 8th St #105, Sioux Falls, SD 57103 | [email protected] | (844) 978-6257 The company's major customers are industrial entities, such as major iron ore, wood product, and pipeline producers. The stock of Minnesota Power and Light was first listed on the New York Stock Exchange in 1950 under the ticker symbol MPL. ALLETE's stock is owned by many different institutional and retail investors. The utilities provider earned $293.90 million during the quarter, compared to analyst estimates of $292.90 million. View which stocks are hot on social media with MarketBeat's trending stocks report. The P/E ratio of ALLETE is 20.45, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 21.57. Learn more. Get the latest Full Company Report for Allete, Inc. from Zacks Investment Research View ALLETE's dividend history. Co.'s Regulated Operations includes its regulated utilities, Minnesota Power and Superior Water, Light and Power Company, as well as its investment in American Transmission Company LLC, a regulated utility that owns and maintains electric transmission assets in parts of Wisconsin, Michigan, Minnesota and Illinois. During the same period last year, the company posted $0.60 EPS. Vote “Outperform” if you believe ALE will outperform the S&P 500 over the long term. 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In addition to its electric utilities, Minnesota Power and Superior Water, Light and Power of Wisconsin, ALLETE owns ALLETE Clean Energy, based in Duluth; BNI Energy, based in Bismarck, N.D.; and has an 8 percent equity interest in the American Transmission Co. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. Utility-Diversified Group. ), ALLETE has received 395 “underperform” votes. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: You have already added five stocks to your watchlist. The U.S. Water Services segment provides integrated water management for industry by combining chemical, equipment, engineering, and service for customized solutions to reduce water and energy usage and improve efficiency. ALLETE Corporate. statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, The stock has traded as high as $88.60 and as low as $48.22 in the past 52 weeks. ALLETE common stock trades on the New York Stock Exchange under the ticker symbol ALE, and has paid consecutive dividends since 1950. regarding Conflicts of Interests, Is the Beyond Meat (NASDAQ: BYND) Rally Sustainable? View all of ALE's competitors. Some companies that are related to ALLETE include NextEra Energy (NEE), Duke Energy (DUK), The Southern (SO), Eversource Energy (ES), Edison International (EIX), PPL (PPL), Entergy (ETR), FirstEnergy (FE), Pinnacle West Capital (PNW), OGE Energy (OGE), IDACORP (IDA), PNM Resources (PNM), Portland General Electric (POR), Hawaiian Electric Industries (HE) and MGE Energy (MGEE). 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ALLETE in the last year. ALLETE announced a quarterly dividend on Monday, November 2nd. MarketBeat thinks these five stocks may be even better buys.View MarketBeat's top stock picks here. Dear Fellow Employee: Upholding excellent ethical standards is a cornerstone ALLETE value. It has traded as high as $88.60 and as low as $74.54 in the past year. On average, they expect ALLETE's share price to reach $59.25 in the next twelve months. In addition, the company focuses on developing, acquiring, and operating clean and renewable energy projects; and owns and operates approximately 660 megawatt of wind energy generation. About Allete: Allete is an energy company. Al Hodnik became the CEO of ALLETE, Inc. (NYSE:ALE) in 2010. ALLETE is scheduled to release its next quarterly earnings announcement on Thursday, February 11th 2021. Through its subsidiaries, ALLETE provides regulated electric, natural gas, and water services. Get daily stock ideas top-performing Wall Street analysts. Further, it is involved in the coal mining operations in North Dakota; and real estate investment activities in Florida. Just $100 in Bitcoin in 2010 would have made you one of the richest people in America with a net worth of over $40 million today. ALLETE has received 58.52% “underperform” votes from our community. Based on earnings estimates, ALLETE will have a dividend payout ratio of 67.86% next year. Minnesota Power, a utility division of ALLETE (NYSE: ALE), today proposed a resolution to its November 2019 rate review that would reduce customers’ monthly bills and provide refunds. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. Wall Street analysts have given ALLETE a "Hold" rating, but there may be better short-term opportunities in the market. Companies withratings are not formally covered by a Morningstar analyst, but are ALLETE Clean Energy, based in Duluth, Minn., is an independent power producer and supplier that acquires or develops capital projects to create energy solutions for … Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. It generates electricity from coal-fired, hydroelectric, natural gas-fired, biomass co-fired, and solar. ALLETE employs 1,339 workers across the globe. Learn more. This payout ratio is at a healthy, sustainable level, below 75%. Fundamental company data provided by Morningstar and Zacks Investment Research. View institutional ownership trends for ALLETE. ALLETE, Inc. engages in the provision of electric and natural gas utility services. Find the latest Allete, Inc. (ALE) stock quote, history, news and other vital information to help you with your stock trading and investing. Nobody expects what they're predicting now... ALLETE, Inc. operates as an energy company. is responsible for overseeing the methodology that supports the quantitative fair value. ALLETE has received a consensus rating of Hold. And just recently, Bitcoin kicked off a huge new rally – up more than 80% in the last month alone. View our Full suite of financial calendars and market data provided by Morningstar and Zacks Investment ALLETE! Stock is owned by many different institutional and retail investors Michigan, Minnesota, and has paid consecutive since... Twelve months and Morningstar Index ( market Barometer ) quotes are real-time currently 1 sell rating and 3 ratings... Types of investments, trading strategies and more ideas have resulted in 5-15 % weekly gains happening in the of. Energy projects you see this awards and long term not sold or bought company... 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