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as 05-24-2024 4:00pm EST

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Utilities

Power Generation

Nasdaq

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: N/A Country:
United States
United States
Employees: N/A City: DULUTH
Market Cap: 3.6B IPO Year: N/A
Target Price: $60.40 AVG Volume (30 days): 422.9K
Analyst Decision: Hold Number of Analysts: 5
Dividend Yield: 4.48% Dividend Payout Frequency: Quarterly
EPS: 4.16 EPS Growth: 30.82
52 Week Low/High: $49.29 - $65.86 Next Earning Date: 05-09-2024
Revenue: $1,718,200,000 Revenue Growth: -1.93%
Revenue Growth (this year): -8.87% Revenue Growth (next year): 3.68%

ALE Daily Stock ML Predictions

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