ALLETE Inc (ALE)

68.17
0.25 0.36
NYSE : Utilities
Prev Close 67.92
Open 67.92
Day Low/High 67.33 / 68.35
52 Wk Low/High 53.47 / 68.17
Volume 217.94K
Avg Volume 229.90K
Exchange NYSE
Shares Outstanding 50.05M
Market Cap 3.38B
EPS 3.10
P/E Ratio 21.43
Div & Yield 2.14 (3.20%)

Latest News

Bob Adams To Assume Position Of ALLETE Chief Financial Officer

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 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...

ALLETE, Inc. Reports 2016 Earnings Of $3.14 Per Share

ALLETE, Inc. Reports 2016 Earnings Of $3.14 Per Share

ALLETE, Inc. (NYSE: ALE) today reported 2016 earnings of $3.

ALLETE Board Of Directors Raises Quarterly Common Stock Dividend

ALLETE Board Of Directors Raises Quarterly Common Stock Dividend

ALLETE, Inc. (NYSE:ALE) today announced that its Board of Directors has increased the quarterly dividend on the company's common stock to 53.

ALLETE Names LaMarr Barnes U.S. Water Services CEO

ALLETE Names LaMarr Barnes U.S. Water Services CEO

ALLETE, Inc. (NYSE:ALE) announced today that LaMarr Barnes has been named Chief Executive Officer of wholly owned subsidiary U.

ALLETE To Announce 2016 Financial Results On February 15

ALLETE To Announce 2016 Financial Results On February 15

ALLETE, Inc. (NYSE:ALE) will announce its financial results for 2016 before the stock markets open on Wednesday, February 15, 2017.

ALLETE Clean Energy Plans Expansion Of North Dakota Wind Farm

ALLETE Clean Energy Plans Expansion Of North Dakota Wind Farm

ALLETE Clean Energy, a wholly-owned subsidiary of ALLETE, Inc. (NYSE: ALE), today announced its plan to work with Montana-Dakota Utilities (MDU) to expand the Thunder Spirit wind farm in North Dakota, reaching the...

Minnesota Regulators Set Interim Electricity Rates For Minnesota Power

Minnesota Regulators Set Interim Electricity Rates For Minnesota Power

The Minnesota Public Utilities Commission (MPUC) today approved an interim rate increase of 5.

ALLETE Subsidiary Strengthens Presence In Southwestern U.S. Water Market With Acquisition

ALLETE Subsidiary Strengthens Presence In Southwestern U.S. Water Market With Acquisition

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

Presidential Permit Paves Way For Minnesota Power's Great Northern Transmission Line To Deliver Canadian Hydropower To Customers

Presidential Permit Paves Way For Minnesota Power's Great Northern Transmission Line To Deliver Canadian Hydropower To Customers

Minnesota Power's Great Northern Transmission Line received federal approval today when the U.

ALLETE, Inc. Reports Third Quarter 2016 Earnings

ALLETE, Inc. Reports Third Quarter 2016 Earnings

ALLETE, Inc. (NYSE: ALE) today reported third quarter 2016 earnings of 81 cents per share on net income of $40.

Minnesota Power Files Electric Rate Review Request With State Regulators

Minnesota Power Files Electric Rate Review Request With State Regulators

Minnesota Power, a utility division of ALLETE (NYSE:ALE), today filed a rate review request with the Minnesota Public Utilities Commission (MPUC) asking for a rate increase of $55 million to support infrastructure...

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 52 cents per share of common stock.

Bob Adams Promoted To ALLETE CFO (Photo: ALLETE, Inc.)

Bob Adams Promoted To ALLETE CFO (Photo: ALLETE, Inc.)

ALLETE, Inc. (NYSE:ALE) Chief Risk Officer and Senior Vice President of Energy-Centric Businesses Bob Adams has been promoted to ALLETE Chief Financial Officer effective March 4, 2017.

Decision To Retire Two Small Coal Units Consistent With Minnesota Power's EnergyForward Plan

Decision To Retire Two Small Coal Units Consistent With Minnesota Power's EnergyForward Plan

Minnesota Power today announced it will retire two small coal-fired generators at its Boswell Energy Center in Cohasset, Minn.

Minnesota Power Reaches Five-Year Contract To Supply Electricity To U.S. Steel

Minnesota Power Reaches Five-Year Contract To Supply Electricity To U.S. Steel

ALLETE (NYSE: ALE) announced today that Minnesota Power has reached a five-year agreement to supply electricity to U.

ALLETE To Announce Third Quarter Financial Results On November 4

ALLETE To Announce Third Quarter Financial Results On November 4

ALLETE, Inc. (NYSE:ALE) will announce its financial results for the third quarter before the stock markets open on Friday, November 4, 2016.

Minnesota Power Deploys Smart Wires To Optimize Its Grid And Save Customers Money

Minnesota Power Deploys Smart Wires To Optimize Its Grid And Save Customers Money

Minnesota Power and Smart Wires announced today their partnership to deploy an innovative solution for optimizing the flow of power on the grid.

ALLETE Chief Financial Officer Steve DeVinck Announces Retirement Plans As Part Of Planned Transition

ALLETE Chief Financial Officer Steve DeVinck Announces Retirement Plans As Part Of Planned Transition

ALLETE (NYSE:ALE) today announced the planned retirement of Chief Financial Officer Steve DeVinck.

ALLETE, Inc. Reports Second Quarter 2016 Earnings

ALLETE, Inc. Reports Second Quarter 2016 Earnings

ALLETE, Inc. (NYSE: ALE) today reported second quarter 2016 earnings of 50 cents per share on net income of $24.

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 52 cents per share of common stock.

Minnesota Power Seeks Proposals For Large-Scale Wind, Solar Energy, And Customer-Driven Resources

Minnesota Power Seeks Proposals For Large-Scale Wind, Solar Energy, And Customer-Driven Resources

Minnesota Power today is releasing the first in a series of Requests for Proposals as part of the company's broad resource evaluation process to further its EnergyForward strategy.

ALLETE To Announce Second Quarter Financial Results On August 3

ALLETE To Announce Second Quarter Financial Results On August 3

ALLETE, Inc. (NYSE:ALE) will announce its financial results for the second quarter before the stock markets open on Wednesday, August 3, 2016.

ALLETE (ALE) Hits New Lifetime High Today

ALLETE (ALE) Hits New Lifetime High Today

Trade-Ideas LLC identified ALLETE (ALE) as a new lifetime high candidate

Al Rudeck, President, ALLETE Clean Energy (Photo: ALLETE, Inc.)

Al Rudeck, President, ALLETE Clean Energy (Photo: ALLETE, Inc.)

Al Rudeck has been named President of ALLETE Clean Energy, a wholly-owned subsidiary of ALLETE Inc.