ALLETE/$ALE
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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
Employees
1,642
Headquarters
Website
ALLETE Metrics
BasicAdvanced
$3.9B
21.25
$3.17
0.82
$2.90
4.34%
Price and volume
Market cap
$3.9B
Beta
0.82
52-week high
$67.49
52-week low
$62.38
Average daily volume
772K
Dividend rate
$2.90
Financial strength
Current ratio
1.34
Quick ratio
0.643
Long term debt to equity
57.373
Total debt to equity
59.262
Dividend payout ratio (TTM)
90.47%
Interest coverage (TTM)
1.91%
Profitability
EBITDA (TTM)
448.2
Gross margin (TTM)
32.72%
Net profit margin (TTM)
11.98%
Operating margin (TTM)
10.66%
Effective tax rate (TTM)
5.51%
Revenue per employee (TTM)
$930,000
Management effectiveness
Return on assets (TTM)
1.50%
Return on equity (TTM)
3.14%
Valuation
Price to earnings (TTM)
21.246
Price to revenue (TTM)
2.542
Price to book
1.37
Price to tangible book (TTM)
1.44
Price to free cash flow (TTM)
-72.952
Free cash flow yield (TTM)
-1.37%
Free cash flow per share (TTM)
-0.923
Dividend yield (TTM)
4.30%
Forward dividend yield
4.34%
Growth
Revenue change (TTM)
-0.44%
Earnings per share change (TTM)
-17.41%
3-year revenue growth (CAGR)
0.69%
10-year revenue growth (CAGR)
2.28%
3-year earnings per share growth (CAGR)
-4.09%
10-year earnings per share growth (CAGR)
0.65%
3-year dividend per share growth (CAGR)
3.88%
10-year dividend per share growth (CAGR)
3.73%
What the Analysts think about ALLETE
Analyst ratings (Buy, Hold, Sell) for ALLETE stock.
Bulls say / Bears say
Approval from the Minnesota Public Utilities Commission lowers the execution risk for the $6.2 billion buyout and sets up the transaction to close in late 2025 without further delay.
The offer of $67 per share in cash is a 19% premium over ALLETE's stock price before the deal, giving immediate value to shareholders.
The go-private deal includes plans for ALLETE to invest $4.3 billion in clean energy and transmission infrastructure by 2027, which supports long-term earnings growth.
Guggenheim utilities analysts consider the 19% premium to be small compared to other recent deals in the sector, which could mean less upside for investors.
Environmental organizations like the Sierra Club are concerned the new owners might not invest enough in clean energy projects without increasing customer rates, creating reputational and regulatory risks.
Termination fees reaching up to $212 million for the acquirers and $116 million for ALLETE reflect substantial risk if the deal falls through, leading to potential uncertainty for investors.
Data summarised monthly by Lightyear AI. Last updated on 6 Oct 2025.
ALLETE Financial Performance
Revenues and expenses
ALLETE Earnings Performance
Company profitability
ALLETE News
AllArticlesVideos
ALLETE Obtains Regulatory Approval from Minnesota Public Utilities Commission for Partnership with CPP Investments and Global Infrastructure Partners
Business Wire3 weeks ago
Allete quarterly profit drops on higher operating, interest expense
Reuters3 months ago
ALLETE, Inc. Reports Second Quarter 2025 Earnings
Business Wire3 months 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
No upcoming events
FAQs
What’s the current market cap for ALLETE stock?
ALLETE (ALE) has a market cap of $3.9B as of October 23, 2025.
What is the P/E ratio for ALLETE stock?
The price to earnings (P/E) ratio for ALLETE (ALE) stock is 21.25 as of October 23, 2025.
Does ALLETE stock pay dividends?
Yes, the ALLETE (ALE) stock pays dividends to shareholders. As of October 23, 2025, the dividend rate is $2.895 and the yield is 4.34%. ALLETE has a payout ratio of 90.47% on a trailing twelve-month basis.
When is the next ALLETE dividend payment date?
The next ALLETE (ALE) dividend payment date is unconfirmed.
What is the beta indicator for ALLETE?
ALLETE (ALE) has a beta rating of 0.82. 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.