Allete 

$67.9
148
-$0.04-0.06% Friday 21:00

Statistics

Day High
67.98
Day Low
67.88
52W High
67.99
52W Low
62.38
Volume
3,606,037
Avg. Volume
824,667
Mkt Cap
0
P/E Ratio
21.24
Dividend Yield
4.3%
Dividend
2.92

Upcoming

Dividends

4.3%Dividend Yield
Mar 26
$0.73
Sep 25
$0.73
Jun 25
$0.73
Mar 25
$0.73
Dec 24
$0.71
10Y Growth
3.45%
5Y Growth
2.99%
3Y Growth
2.52%
1Y Growth
33.33%

Earnings

12FebExpected
Q2 2024
Q3 2024
Q4 2024
Q1 2025
Q2 2025
Q3 2025
Q4 2025
0.46
0.68
0.9
1.12
Expected EPS
0.95
Actual EPS
N/A

Financials

11.72%Profit Margin
Profitable
2019
2020
2021
2022
2023
2024
1.53BRevenue
179.3MNet Income

People Also Follow

This list is based on the watchlists of people on Stock Events who follow ALE. It's not an investment recommendation.

Competitors

This list is an analysis based on recent market events. It's not an investment recommendation.
Xcel Energy
XEL
Mkt Cap48.02B
Xcel Energy operates in the same regions as Allete, providing electricity and natural gas, making them direct competitors in the energy market.
DTE Energy
DTE
Mkt Cap28.15B
DTE Energy is a diversified energy company like Allete, involved in the development and management of energy-related businesses and services nationwide.
CMS Energy
CMS
Mkt Cap22.38B
CMS Energy, through its subsidiaries, operates in the same industry providing electricity and natural gas, competing in similar markets as Allete.
WEC Energy Group
WEC
Mkt Cap36.35B
WEC Energy Group has a similar business model, focusing on electricity and natural gas delivery, making it a competitor in the energy sector.
Alliant Energy
LNT
Mkt Cap17.18B
Alliant Energy Corporation operates in the Midwest, providing electric and natural gas services, competing with Allete in certain geographic areas.
Pinnacle West Capital
PNW
Mkt Cap10.57B
Pinnacle West Capital Corporation, through its subsidiary, provides retail and wholesale electric services, competing in the energy market.
Ameren
AEE
Mkt Cap27.59B
Ameren Corporation, an energy company, competes with Allete in electricity generation, transmission, and distribution.
NiSource
NI
Mkt Cap19.93B
NiSource Inc. provides energy, including electric and natural gas, in the same regions as Allete, making them competitors.
PPL
PPL
Mkt Cap27.01B
PPL Corporation delivers electricity and natural gas, operating in similar markets as Allete, thus competing for the same customer base.
Eversource Energy
ES
Mkt Cap27.39B
Eversource Energy, through its subsidiaries, engages in the energy delivery business, competing with Allete in providing electric and natural gas services.

About

ALLETE, Inc. operates as an energy company. The company operates through Regulated Operations, ALLETE Clean Energy, and Corporate and Other segments. It generates electricity from coal-fired, biomass co-fired / natural gas, hydroelectric, wind, and solar. The company provides regulated utility electric services in northwestern Wisconsin to approximately 15,000 electric customers, 13,000 natural gas customers, and 10,000 water customers, as well as regulated utility electric services in northeastern Minnesota to approximately 145,000 retail customers and 15 non-affiliated municipal customers. It also owns and maintains electric transmission assets in Wisconsin, Michigan, Minnesota, and Illinois. In addition, the company focuses on developing, acquiring, and operating clean and renewable energy projects; and owns and operates approximately 1,000 megawatts of wind energy generation facility. Further, it is involved in the coal mining operations in North Dakota; and real estate investment activities in Florida. The company owns and operates 158 substations with a total capacity of 10,066 megavolt amperes. It serves taconite mining, paper, pulp and secondary wood products, pipeline, and other industries. The company was formerly known as Minnesota Power, Inc. and changed its name to ALLETE, Inc. in May 2001. ALLETE, Inc. was incorporated in 1906 and is headquartered in Duluth, Minnesota.
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CEO
Ms. Bethany M. Owen
Employees
1595
Country
US
ISIN
US0185223007

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FAQ

What is Allete stock price today?
The current price of ALE is $67.9 USD — it has decreased by -0.06% in the past 24 hours. Watch Allete stock price performance more closely on the chart.
What is Allete stock ticker?
Depending on the exchange, the stock ticker may vary. For instance, on exchange Allete stocks are traded under the ticker ALE.
Is Allete stock price growing?
ALE stock has risen by +0% compared to the previous week, the month change is a +0% rise, over the last year Allete has showed a +4.25% increase.
What is Allete revenue for the last year?
Allete revenue for the last year amounts to 1.53B USD.
What is Allete net income for the last year?
ALE net income for the last year is 179.3M USD.
Does Allete pay dividends?
Yes, ALE dividends are paid quarterly. The last dividend per share was 0.73 USD. As of today, Dividend Yield (FWD)% is 4.3%.
How many employees does Allete have?
As of April 01, 2026, the company has 1,595 employees.
In which sector is Allete located?
Allete operates in the Utilities sector.
When did Allete complete a stock split?
The last stock split for Allete was on September 20, 2004 with a ratio of 1:3.
Where is Allete headquartered?
Allete is headquartered in Duluth, US.