Market open
ALLETE/$ALE
14:30
16:10
17:45
19:25
21:00
1D1W1MYTD1Y5YMAX
About ALLETE
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.
Ticker
$ALE
Sector
Trading on
NYSE
Industry
Electric Utilities
Headquarters
Employees
1,590
Website
ALLETE Metrics
BasicAdvanced
$3.8B
21.18
$3.10
0.79
$2.82
4.45%
Price and volume
Market cap
$3.8B
Beta
0.79
52-week high
$65.99
52-week low
$55.86
Average daily volume
364K
Dividend rate
$2.82
Financial strength
Current ratio
1.077
Quick ratio
0.448
Long term debt to equity
50.494
Total debt to equity
53.393
Dividend payout ratio (TTM)
90.80%
Interest coverage (TTM)
2.13%
Management effectiveness
Return on assets (TTM)
1.62%
Return on equity (TTM)
3.58%
Valuation
Price to earnings (TTM)
21.184
Price to revenue (TTM)
2.477
Price to book
1.33
Price to tangible book (TTM)
1.41
Price to free cash flow (TTM)
37.076
Dividend yield (TTM)
4.29%
Forward dividend yield
4.45%
Growth
Revenue change (TTM)
-18.62%
Earnings per share change (TTM)
-27.91%
3-year revenue growth (CAGR)
2.53%
3-year earnings per share growth (CAGR)
-1.35%
3-year dividend per share growth (CAGR)
4.13%
What the Analysts think about ALLETE
Analyst Ratings
Analyst ratings (Buy, Hold, Sell) for ALLETE stock.
ALLETE Financial Performance
Income Statement
Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%
ALLETE Earnings Performance
Earnings per share (EPS)
Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
ALLETE News
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Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.
Capital at risk
Market open
Upcoming events
Mar1
ALLETE
Dividend·Payment
$0.73
Per share
FAQs
What’s the current market cap for ALLETE stock?
ALLETE (ALE) has a market cap of $3.8B as of February 27, 2025.
What is the P/E ratio for ALLETE stock?
The price to earnings (P/E) ratio for ALLETE (ALE) stock is 21.18 as of February 27, 2025.
Does ALLETE stock pay dividends?
Yes, the ALLETE (ALE) stock pays dividends to shareholders. As of February 27, 2025, the dividend rate is $2.82 and the yield is 4.45%. ALLETE has a payout ratio of 90.8% on a trailing twelve-month basis.
When is the next ALLETE dividend payment date?
The next ALLETE (ALE) dividend payment is scheduled for March 01, 2025.
What is the beta indicator for ALLETE?
ALLETE (ALE) has a beta rating of 0.79. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.