ALLETE Inc. (ALE)

74.78
1.10 1.50
NYSE : Utilities
Prev Close 73.67
Open 73.75
Day Low/High 73.63 / 74.91
52 Wk Low/High 66.64 / 81.24
Volume 79.81K
Avg Volume 437.40K
Exchange NYSE
Shares Outstanding 51.27M
Market Cap 3.75B
EPS 3.40
P/E Ratio 21.63
Div & Yield 2.24 (2.94%)

Latest News

ALLETE Clean Energy To Sell Phase II Of Thunder Spirit Wind Farm To Montana-Dakota Utilities

ALLETE Clean Energy To Sell Phase II Of Thunder Spirit Wind Farm To Montana-Dakota Utilities

ALLETE Clean Energy, a wholly-owned subsidiary of ALLETE Inc. (NYSE: ALE), today announced its plan to sell the 48-megawatt phase two of the Thunder Spirit wind farm near Hettinger, North Dakota to Montana-Dakota Utilities...

ALLETE Board Of Directors Raises Quarterly Common Stock Dividend And Long-Term Growth Outlook

ALLETE Board Of Directors Raises Quarterly Common Stock Dividend And Long-Term Growth Outlook

ALLETE, Inc. (NYSE:ALE) today announced that its Board of Directors has increased the quarterly dividend on the company's common stock to 56 cents per share, an increase of 4.

CORRECTING and REPLACING ALLETE Clean Energy Advances Its Growth Strategy with Purchase of Safe Harbor Wind Turbines from GE

CORRECTING and REPLACING ALLETE Clean Energy Advances Its Growth Strategy with Purchase of Safe Harbor Wind Turbines from GE

Third paragraph, second sentence should read: With refurbishment efforts already underway in Minnesota and Iowa, and an expansion wind project with Montana-Dakota Utilities (MDU) in North Dakota, 2018 will be an active...

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.

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...

TheStreet Quant Rating: B+ (Buy)