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ALE

ALLETE, Inc.

Utilities · USD

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Price alert · ALE

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67.90 USD 0.00 0.00%
As of Dec 12, 2025 Extended hours 67.99 +0.13%
Bid
67.88 × 38,400
Ask
67.89 × 14,600
67.90 Day range 67.99
67.17 52-week range 67.99
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

2Y chart

Chart tools
Interval
ALE two-year price chart55.958.961.965.068.0Dec 23May 24Oct 24Feb 25Jul 25Dec 25

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

Price target (mean) —
Ratings (0m) 3 1 buy · 2 hold · 0 sell
  • Strong buy1
  • Buy0
  • Hold2
  • Sell0
  • Strong sell0

Next earnings

Consensus EPS estimate 0.80.

Earnings history

Financials — quick view

All financials
ALE Revenue — quarterly 375.00M
2021-Q4 20212022-Q1 20222022-Q2 20222022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 2025
ALE Net income — quarterly 27.10M
2021-Q4 20212022-Q1 20222022-Q2 20222022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 2025
ALE EPS — quarterly 0.47
2021-Q4 20212022-Q1 20222022-Q2 20222022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 2025

Earnings

ALE recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Oct 31, 2025Sep 30, 20250.800.46-0.34-42.50%
Aug 7, 2025Jun 30, 20250.8250.61-0.21-26.06%
May 8, 2025Mar 31, 20251.041.01-0.03-2.88%
Feb 13, 2025Dec 31, 20241.120.87-0.25-22.32%
Oct 30, 2024Sep 30, 20240.930.78-0.15-16.13%
Aug 1, 2024Jun 30, 20240.880.82-0.06-6.82%

Upgrades / downgrades

ALE analyst upgrades and downgrades
DateFirmActionFromTo
May 16, 2024MizuhomainNeutralNeutral
Feb 21, 2024Wells FargomainEqual-WeightEqual-Weight
Jan 22, 2024GuggenheimupSellNeutral
Jan 10, 2024Sidoti & Co.downBuyNeutral
Jul 21, 2023MizuhomainNeutralNeutral
Jul 7, 2023GuggenheimmainSellSell

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

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Insider holders

ALE insider holders
InsiderRelationLatest transactionDateShares held
GOLDFARB GEORGE GDirectorStock Award(Grant)Jun 1, 202525,895
HOOLIHAN JAMES JDirectorStock Award(Grant)Jun 1, 202529,748
LUDLOW MADELEINE WDirectorStock Award(Grant)Jun 1, 20250
MATTHEWS CHARLES RAYMONDDirectorStock Award(Grant)Jun 1, 20257,605
NESTEGARD SUSAN KDirectorStock Award(Grant)Jun 1, 202514,586
NEVE DOUGLAS CDirectorStock Award(Grant)Jun 1, 202530,791

Institution ownership

ALE institution ownership
Holder% heldSharesValueReported
BlackRock Inc13.41%7,783,0980Jun 29, 2025
Vanguard Group Inc10.89%6,318,6420Jun 29, 2025
State Street Corp3.82%2,218,8060Jun 29, 2025
Cnh Partners, LLC2.63%1,527,9230Jun 29, 2025
Geode Capital Management, LLC2.46%1,427,5140Jun 29, 2025
Dimensional Fund Advisors, Inc.1.66%961,9100Jun 29, 2025

Fund ownership

ALE fund ownership
Holder% heldSharesValueReported
iShares Core S&P Mid-Cap ETF3.25%1,884,6860Aug 30, 2025
Vanguard Total Stock Mkt Idx Inv3.06%1,778,6510Jul 30, 2025
iShares Russell 2000 ETF2.44%1,414,8280Aug 30, 2025
Vanguard Small Cap Index2.42%1,407,0780Jul 30, 2025
Vanguard Small Cap Value Index Inv1.56%905,5250Jul 30, 2025
Vanguard Institutional Extnd Mkt Idx Tr1.07%619,9170Jul 30, 2025
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