ALLETE Inc (ALE)

72.85
0.56 0.77
NYSE : Utilities
Prev Close 72.29
Open 72.31
Day Low/High 72.26 / 72.88
52 Wk Low/High 56.48 / 74.59
Volume 42.75K
Avg Volume 229.40K
Exchange NYSE
Shares Outstanding 50.88M
Market Cap 3.66B
EPS 3.10
P/E Ratio 17.35
Div & Yield 2.14 (3.00%)

Latest News

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...

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.

TheStreet Quant Rating: A- (Buy)