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Allete Inc.
as 12-20-2024 3:30pm EST
ALLETE Inc provides competitively-priced energy in America's Upper Midwest region and invests in transmission infrastructure and other energy-centric businesses. The company has two reportable segments. The first segment is Regulated Operations, which includes the company's regulated utilities, Minnesota Power and SWL&P, as well as its investment in ATC. ATC is a regulated utility based in Wisconsin that owns and maintains electric transmission assets in parts of Wisconsin, Michigan, Minnesota, and Illinois. The second segment is ALLETE Clean Energy, which focuses on developing, acquiring, and operating clean and renewable energy projects.
| Founded: | 1906 | Country: | United States |
| Employees: | N/A | City: | DULUTH |
| Market Cap: | 3.7B | IPO Year: | N/A |
| Target Price: | $62.00 | AVG Volume (30 days): | 344.7K |
| Analyst Decision: | Hold | Number of Analysts: | 4 |
| Dividend Yield: | Dividend Payout Frequency: | Quarterly | |
| EPS: | 3.12 | EPS Growth: | -27.61 |
| 52 Week Low/High: | $55.86 - $65.86 | Next Earning Date: | 02-18-2025 |
| Revenue: | $1,567,700,000 | Revenue Growth: | -17.62% |
| Revenue Growth (this year): | -15.95% | Revenue Growth (next year): | 11.39% |
Latest Allete Inc. News
ALE Breaking Stock News: Dive into ALE Ticker-Specific Updates for Smart Investing
MT Newswires
3 days ago
Allete Gets FERC Approval for $6.2 Billion Buyout by CPP, GIP
Business Wire
3 days ago
ALLETE receives FERC approval for proposed transaction with Canada Pension Plan Investment Board and Global Infrastructure Partners
Argus Research
5 days ago
ALE: What does Argus have to say about ALE?
Business Wire
10 days ago
NorthWestern Energy to Participate in Regional Transmission Projects
Benzinga
11 days ago
Why Exxon Mobil, Brookfield Infrastructure Partners And ALLETE Are Winners For Passive Income
Argus Research
12 days ago
ALE: What does Argus have to say about ALE?
Argus Research
19 days ago
ALE: What does Argus have to say about ALE?
Argus Research
a month ago
ALE: What does Argus have to say about ALE?
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