ALLETE/$ALE
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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
Primary listing
NYSE
Industry
Electric Utilities
Headquarters
Employees
1,617
Website
ALLETE Metrics
BasicAdvanced
$3.8B
20.64
$3.19
0.78
$2.87
4.43%
Price and volume
Market cap
$3.8B
Beta
0.78
52-week high
$66.46
52-week low
$63.00
Average daily volume
628K
Dividend rate
$2.87
Financial strength
Current ratio
1.256
Quick ratio
0.242
Long term debt to equity
54.084
Total debt to equity
54.084
Dividend payout ratio (TTM)
89.06%
Interest coverage (TTM)
2.19%
Profitability
EBITDA (TTM)
454.7
Gross margin (TTM)
33.16%
Net profit margin (TTM)
12.10%
Operating margin (TTM)
11.59%
Effective tax rate (TTM)
6.43%
Revenue per employee (TTM)
$940,000
Management effectiveness
Return on assets (TTM)
1.68%
Return on equity (TTM)
3.51%
Valuation
Price to earnings (TTM)
20.644
Price to revenue (TTM)
2.493
Price to book
1.13
Price to tangible book (TTM)
1.18
Price to free cash flow (TTM)
65.054
Free cash flow yield (TTM)
1.54%
Free cash flow per share (TTM)
101.25%
Dividend yield (TTM)
4.36%
Forward dividend yield
4.43%
Growth
Revenue change (TTM)
-11.15%
Earnings per share change (TTM)
-23.28%
3-year revenue growth (CAGR)
1.42%
10-year revenue growth (CAGR)
2.78%
3-year earnings per share growth (CAGR)
-2.90%
10-year earnings per share growth (CAGR)
0.75%
3-year dividend per share growth (CAGR)
4.16%
10-year dividend per share growth (CAGR)
3.81%
What the Analysts think about ALLETE
Analyst ratings (Buy, Hold, Sell) for ALLETE stock.
Bulls say / Bears say
ALLETE's strategic focus on renewable energy positions it to capitalize on the growing demand for clean energy solutions, potentially driving long-term growth. (Seeking Alpha)
The company's planned $4.3 billion investment in clean energy initiatives and transmission projects by 2027 demonstrates a strong commitment to expanding its renewable energy portfolio. (Reuters)
ALLETE's acquisition by Global Infrastructure Partners and CPP Investments at a 19% premium to its pre-announcement share price indicates confidence in the company's future prospects. (Reuters)
ALLETE reported a decline in net income to $33.0 million in Q2 2024 from $51.5 million in the prior-year quarter, indicating potential financial challenges. (Markets Insider)
The company's total operating revenue decreased to $354.5 million in Q2 2024 from $533.4 million in the same quarter last year, reflecting a significant drop in revenue. (Markets Insider)
Analysts at Guggenheim view the $6.2 billion acquisition deal as modest compared to similar transactions, suggesting limited upside potential. (Reuters)
Data summarised monthly by Lightyear AI. Last updated on 6 Jul 2025.
ALLETE Financial Performance
Revenues and expenses
ALLETE Earnings Performance
Company profitability
ALLETE News
AllArticlesVideos
ALLETE Board of Directors Declares Dividend on Common Stock
Business Wire·1 day ago
ALLETE Announces Agreement with Minnesota Department of Commerce to Deliver Immediate Post-Closing Cost Savings and Substantial Benefits for Customers and Communities
Business Wire·2 weeks ago
ALLETE to Announce Second Quarter Financial Results August 07
Business Wire·2 weeks ago
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 sourced from the IEX order book 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
Upcoming events
Aug15
ALLETE
Dividend·Ex-dividend
Sept1
ALLETE
Dividend·Payment
$0.73Per share
FAQs
What’s the current market cap for ALLETE stock?
ALLETE (ALE) has a market cap of $3.8B as of July 26, 2025.
What is the P/E ratio for ALLETE stock?
The price to earnings (P/E) ratio for ALLETE (ALE) stock is 20.64 as of July 26, 2025.
Does ALLETE stock pay dividends?
Yes, the ALLETE (ALE) stock pays dividends to shareholders. As of July 26, 2025, the dividend rate is $2.87 and the yield is 4.43%. ALLETE has a payout ratio of 89.06% on a trailing twelve-month basis.
When is the next ALLETE dividend payment date?
The next ALLETE (ALE) dividend payment is scheduled for September 01, 2025.
What is the beta indicator for ALLETE?
ALLETE (ALE) has a beta rating of 0.78. 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.