ALE
ALLETE, Inc.
Set alert
- YTD
- +4.78%
- 1 year
- +5.19%
- Open
- 67.95
- Prev close
- 67.90
- Mkt cap
- 3.94B
- Vol
- 3.61M
- Avg vol
- 1.05M
- EPS
- 2.85
- P/E
- 66.57
- Div yield
- 0.00%
More statistics
- Low
- 67.90
- High
- 67.99
- Beta
- 0.82
- Inst. own
- 76.88%
- Dividend
- 2.90
Key statistics
- Market cap
- 3.94B
- Enterprise value
- 6.10B
- Trailing P/E
- 66.57
- PEG ratio
- -7.72
- Price / sales
- 5.36
- Price / book
- 1.38
- Beta
- 0.82
- Dividend yield
- 0.00%
- Payout ratio
- 143.56%
- Profit margin
- 8.02%
- Total cash
- 0
- Total debt
- 45
- Return on equity
- 2.07%
Analyst view
- Strong buy1
- Buy0
- Hold2
- Sell0
- Strong sell0
Next earnings
Consensus EPS estimate 0.80.
Financials — quick view
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Oct 31, 2025 | Sep 30, 2025 | 0.80 | 0.46 | -0.34 | -42.50% |
| Aug 7, 2025 | Jun 30, 2025 | 0.825 | 0.61 | -0.21 | -26.06% |
| May 8, 2025 | Mar 31, 2025 | 1.04 | 1.01 | -0.03 | -2.88% |
| Feb 13, 2025 | Dec 31, 2024 | 1.12 | 0.87 | -0.25 | -22.32% |
| Oct 30, 2024 | Sep 30, 2024 | 0.93 | 0.78 | -0.15 | -16.13% |
| Aug 1, 2024 | Jun 30, 2024 | 0.88 | 0.82 | -0.06 | -6.82% |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| May 16, 2024 | Mizuho | main | Neutral | Neutral |
| Feb 21, 2024 | Wells Fargo | main | Equal-Weight | Equal-Weight |
| Jan 22, 2024 | Guggenheim | up | Sell | Neutral |
| Jan 10, 2024 | Sidoti & Co. | down | Buy | Neutral |
| Jul 21, 2023 | Mizuho | main | Neutral | Neutral |
| Jul 7, 2023 | Guggenheim | main | Sell | Sell |
About ALLETE, Inc.
ALLETE, Inc., an energy enterprise established in 1906 and headquartered in Duluth, Minnesota (originally known as Minnesota Power, Inc. until its name change in May 2001), conducts its business through Regulated Operations, ALLETE Clean Energy, and Corporate and Other segments. The company produces electricity utilizing diverse sources such as coal-fired, biomass co-fired/natural gas, hydroelectric, wind, and solar technologies. It delivers regulated utility services, providing electricity to approximately 145,000 retail customers and 15 non-affiliated municipal entities in northeastern Minnesota, alongside serving around 15,000 electric, 13,000 natural gas, and 10,000 water clients in northwestern Wisconsin. ALLETE also owns and maintains a network of electric transmission assets spanning Wisconsin, Michigan, Minnesota, and Illinois, supported by 158 substations with a total capacity of 10,066 megavolt amperes. A key area of its operations is the ALLETE Clean Energy segment, which concentrates on the development, acquisition, and management of clean and renewable energy initiatives, including approximately 1,000 megawatts of owned and operated wind generation capacity. Furthermore, the company has interests in coal mining activities in North Dakota and real estate investments in Florida. Its industrial customer base encompasses sectors such as taconite mining, paper and pulp production, secondary wood products, and pipelines.
- Sector
- Utilities
- Industry
- Diversified Utilities
- Country
- US
- Employees
- 1,595
- Website
- allete.com
News
- Corebridge Financial Will Replace Allete In The S&P Midcap 400 Effective Prior To The Open Of Trading On Wednesday, December 17
- MDU Resources Joins North Plains Connector's Utility Consortium Alongside Portland General Electric, Avista, NorthWestern Energy
- Earnings Scheduled For October 31, 2025
- Earnings Scheduled For August 7, 2025
- Earnings Scheduled For May 8, 2025
- Electric Services Company ALLETE Going Green And Private: Details
- Earnings Scheduled For February 20, 2024
- Earnings Scheduled For November 2, 2023
- Earnings Scheduled For August 8, 2023
- Benzinga's Top Ratings Upgrades, Downgrades For November 17, 2022
Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| GOLDFARB GEORGE G | Director | Stock Award(Grant) | Jun 1, 2025 | 25,895 |
| HOOLIHAN JAMES J | Director | Stock Award(Grant) | Jun 1, 2025 | 29,748 |
| LUDLOW MADELEINE W | Director | Stock Award(Grant) | Jun 1, 2025 | 0 |
| MATTHEWS CHARLES RAYMOND | Director | Stock Award(Grant) | Jun 1, 2025 | 7,605 |
| NESTEGARD SUSAN K | Director | Stock Award(Grant) | Jun 1, 2025 | 14,586 |
| NEVE DOUGLAS C | Director | Stock Award(Grant) | Jun 1, 2025 | 30,791 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| BlackRock Inc | 13.41% | 7,783,098 | 0 | Jun 29, 2025 |
| Vanguard Group Inc | 10.89% | 6,318,642 | 0 | Jun 29, 2025 |
| State Street Corp | 3.82% | 2,218,806 | 0 | Jun 29, 2025 |
| Cnh Partners, LLC | 2.63% | 1,527,923 | 0 | Jun 29, 2025 |
| Geode Capital Management, LLC | 2.46% | 1,427,514 | 0 | Jun 29, 2025 |
| Dimensional Fund Advisors, Inc. | 1.66% | 961,910 | 0 | Jun 29, 2025 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| iShares Core S&P Mid-Cap ETF | 3.25% | 1,884,686 | 0 | Aug 30, 2025 |
| Vanguard Total Stock Mkt Idx Inv | 3.06% | 1,778,651 | 0 | Jul 30, 2025 |
| iShares Russell 2000 ETF | 2.44% | 1,414,828 | 0 | Aug 30, 2025 |
| Vanguard Small Cap Index | 2.42% | 1,407,078 | 0 | Jul 30, 2025 |
| Vanguard Small Cap Value Index Inv | 1.56% | 905,525 | 0 | Jul 30, 2025 |
| Vanguard Institutional Extnd Mkt Idx Tr | 1.07% | 619,917 | 0 | Jul 30, 2025 |