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ALE
Allete Inc.
as 07-26-2024 4:00pm 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.
Upcoming Earnings Alert:
Get ready for potential market movements as Allete Inc. ALE prepares to release earnings report on 01 Aug 2024.
| Founded: | N/A | Country: | United States |
| Employees: | N/A | City: | DULUTH |
| Market Cap: | 3.7B | IPO Year: | N/A |
| Target Price: | $62.00 | AVG Volume (30 days): | 462.3K |
| Analyst Decision: | Hold | Number of Analysts: | 4 |
| Dividend Yield: | Dividend Payout Frequency: | Quarterly | |
| EPS: | 4.16 | EPS Growth: | 30.82 |
| 52 Week Low/High: | $49.29 - $65.86 | Next Earning Date: | 08-01-2024 |
| Revenue: | $1,718,200,000 | Revenue Growth: | -1.93% |
| Revenue Growth (this year): | -8.87% | Revenue Growth (next year): | 3.68% |
Latest Allete Inc. News
ALE Breaking Stock News: Dive into ALE Ticker-Specific Updates for Smart Investing
Business Wire
11 hours ago
CORRECTING and REPLACING ALLETE Board of Directors Declares Dividend on Common Stock
Argus Research
3 days ago
ALE: Raising target price to $68.00
Benzinga
5 days ago
3 High Dividend Yield Stocks With Recently Announced Hikes: ALLETE, Cogent Communications, And Getty Realty
Argus Research
10 days ago
ALE: Raising target price to $67.00
Business Wire
11 days ago
ALLETE to Announce Second Quarter Financial Results August 1
Argus Research
17 days ago
ALE: Raising target price to $66.00
Argus Research
24 days ago
ALE: Lowering target price to $65.00
Utility Dive
2 months ago
Portland General Electric joins Allete, Grid United on $3.2B North Plains transmission project
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