ALLETE Inc. (ALE)

68.65
0.69 1.00
NYSE : Utilities
Prev Close 69.34
Open 68.92
Day Low/High 68.41 / 69.21
52 Wk Low/High 64.56 / 81.24
Volume 113.68K
Avg Volume 262.00K
Exchange NYSE
Shares Outstanding 50.86M
Market Cap 3.55B
EPS 3.40
P/E Ratio 20.51
Div & Yield 2.24 (3.12%)

Latest News

ALLETE Clean Energy Advances Its Growth Strategy With Purchase Of Safe Harbor Wind Turbines From GE

ALLETE Clean Energy Advances Its Growth Strategy With Purchase Of Safe Harbor Wind Turbines From GE

ALLETE Clean Energy, a wholly-owned subsidiary of ALLETE Inc. (NYSE: ALE), today announced a 40-megawatt purchase of wind turbines from GE Renewable Energy (NYSE: GE).

Susan K. Nestegard (Photo: Business Wire)

Susan K. Nestegard (Photo: Business Wire)

Susan K. Nestegard, a member of the board of directors for Hormel Foods, has been elected to the ALLETE Inc.

ALLETE To Announce 2017 Financial Results On February 15

ALLETE To Announce 2017 Financial Results On February 15

ALLETE, Inc. (NYSE:ALE) will announce its financial results for 2017 before the stock markets open on Thursday, February 15, 2018.

ALLETE Clean Energy Earns Yellow Ribbon Designation

ALLETE Clean Energy Earns Yellow Ribbon Designation

As Veterans Day approaches, ALLETE Clean Energy, an ALLETE Inc. (NYSE: ALE) company, is proud to announce it has earned a Yellow Ribbon designation from the state of Minnesota.

ALLETE, Inc. Reports Third Quarter Results; Reaffirms 2017 Earnings Guidance

ALLETE, Inc. Reports Third Quarter Results; Reaffirms 2017 Earnings Guidance

ALLETE, Inc. (NYSE: ALE) today reported third quarter 2017 earnings of 88 cents per share on net income of $44.

ALLETE Board Of Directors Declares Dividend On Common Stock

ALLETE Board Of Directors Declares Dividend On Common Stock

The ALLETE, Inc. (NYSE: ALE) board of directors has declared a quarterly dividend of 53.

ALLETE To Announce Third Quarter Financial Results On November 1

ALLETE To Announce Third Quarter Financial Results On November 1

ALLETE, Inc. (NYSE:ALE) will announce its financial results for the third quarter before the stock markets open on Wednesday, November 1, 2017.

ALLETE Subsidiary U.S. Water Acquires Tonka Water, A Minnesota-Based Supplier Of Water Treatment Systems

ALLETE Subsidiary U.S. Water Acquires Tonka Water, A Minnesota-Based Supplier Of Water Treatment Systems

ALLETE Inc. (NYSE: ALE) announced today that its wholly owned subsidiary U.

Robert P. Powers (Photo: ALLETE Inc.)

Robert P. Powers (Photo: ALLETE Inc.)

Robert P. Powers, recently retired vice chairman of American Electric Power (AEP), has joined ALLETE Inc.

ALLETE Clean Energy Announces $80 Million Turbine Refurbishment Initiative

ALLETE Clean Energy Announces $80 Million Turbine Refurbishment Initiative

ALLETE Clean Energy, a wholly-owned subsidiary of ALLETE Inc. (NYSE: ALE), today announced a strategic initiative to refurbish 385 wind turbines at three wind farms in Minnesota and Iowa.

ALLETE, Inc. Reports Strong Second Quarter 2017 Earnings

ALLETE, Inc. Reports Strong Second Quarter 2017 Earnings

ALLETE, Inc. (NYSE: ALE) today reported second quarter 2017 earnings of 72 cents per share on net income of $36.

ALLETE Board Of Directors Declares Dividend On Common Stock

ALLETE Board Of Directors Declares Dividend On Common Stock

The ALLETE, Inc. (NYSE: ALE) board of directors has declared a quarterly dividend of 53.

ALLETE To Announce Second Quarter Financial Results On August 2

ALLETE To Announce Second Quarter Financial Results On August 2

ALLETE, Inc. (NYSE:ALE) will announce its financial results for the second quarter before the stock markets open on Wednesday, August 2, 2017.

ALE August 18th Options Begin Trading

Investors in Allete Inc. saw new options begin trading today, for the August 18th expiration.

Nobles 2 Power Partners Signs Long-term Power Purchase Agreement With Utility Customer For Minnesota Wind Project

Project Contracted to Deliver 250 Megawatts of Renewable Energy to Minnesota Power

Dairyland Power Announces Natural Gas Plant Partnership

Dairyland Power's 76th Annual Meeting Highlights

Minnesota Power Proposes Next Step In EnergyForward Plan

Minnesota Power, a utility division of ALLETE (NYSE:ALE), today announced the next step in its Energy Forward strategy for ensuring a safe, reliable and competitive energy supply for customers and the region.

Western Digital, Kohl's, Universal Display, NCR Corp: 'Mad Money' Lightning Round

Western Digital, Kohl's, Universal Display, NCR Corp: 'Mad Money' Lightning Round

Jim Cramer is bullish on Western Digital, Kohl's, Universal Display, NCR Corp, and ALLETE.

VIX Still Matters, So Don't Look Away: Cramer's 'Mad Money' Recap (Tuesday 5/9/17)

VIX Still Matters, So Don't Look Away: Cramer's 'Mad Money' Recap (Tuesday 5/9/17)

Jim Cramer asks if the lack of fear is somehow dangerous and a sign that we are ready for a big fall.

ALLETE CEO Describes Growing North American Footprint At Annual Meeting Of Shareholders

ALLETE Inc. (NYSE:ALE) has significantly expanded its North American footprint while continuing to focus on providing sustainable energy and water solutions, company investors heard today at the Duluth-based energy...

ALLETE, Inc. Reports Higher First Quarter 2017 Earnings

ALLETE, Inc. (NYSE: ALE) today reported first quarter 2017 earnings of 97 cents per share on net income of $49.

ALLETE Board Of Directors Declares Dividend On Common Stock

The ALLETE, Inc. (NYSE: ALE) board of directors has declared a quarterly dividend of 53.

ALLETE To Announce First Quarter Financial Results On May 4

ALLETE, Inc. (NYSE:ALE) will announce its financial results for the first quarter before the stock markets open on Thursday, May 4, 2017.

Al Bly, Founder And Former CEO Of U.S. Water, Announces His Retirement From The Water Treatment Industry

Al Bly today announced his retirement from the water treatment industry after 31 years.

ALLETE Clean Energy, Xcel Energy Sign 100 MW Power Purchase Agreement For New North Dakota Wind Farm

ALLETE Clean Energy, a wholly-owned subsidiary of ALLETE Inc. (NYSE: ALE), today announced its plan to build, own and operate a 100-megawatt wind farm in Morton and Mercer counties in North Dakota that will supply...

Bob Adams To Assume Position Of ALLETE Chief Financial Officer

Bob Adams assumes the role of Chief Financial Officer for ALLETE Inc.

Minnesota Power Asks Regulators To Consider A Reduced Rate Request

Minnesota Power, a utility division of ALLETE (NYSE:ALE), today filed an updated request with the Minnesota Public Utilities Commission (MPUC) to reduce the amount of its current rate request from $55 million to...

TheStreet Quant Rating: B (Buy)