Allete Inc
$ 67.90
0.00%
24 Feb - close price
- Market Cap 3,944,881,000 USD
- Current Price $ 67.90
- High / Low $ 67.90 / 67.90
- Stock P/E 23.82
- Book Value 49.09
- EPS 2.85
- Next Earning Report -
- Dividend Per Share $2.90
- Dividend Yield 4.26 %
- Next Dividend Date -
- ROA 0.01 %
- ROE 0.03 %
- 52 Week High 67.99
- 52 Week Low 62.38
About
ALLETE, Inc. is an energy company. The company is headquartered in Duluth, Minnesota.
Analyst Target Price
$67.00
Quarterly Earnings
| Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reported Date | 2026-02-12 | 2025-11-05 | 2025-08-07 | 2025-05-08 | 2025-02-18 | 2024-10-30 | 2024-08-01 | 2024-05-09 | 2024-02-20 | 2023-11-02 | 2023-08-08 | 2023-05-03 |
| Reported EPS | 0 | 0.46 | 0.55 | 0.97 | 0.87 | 0.78 | 0.57 | 0.88 | 0.89 | 1.49 | 0.9 | 1.02 |
| Estimated EPS | 0.95 | 0.8 | 0.85 | 1.01 | 1.0774 | 0.93 | 0.88 | 1.02 | 0.97 | 0.65 | 0.8 | 1.18 |
| Surprise | -0.95 | -0.34 | -0.3 | -0.04 | -0.2074 | -0.15 | -0.31 | -0.14 | -0.08 | 0.84 | 0.1 | -0.16 |
| Surprise Percentage | -100% | -42.5% | -35.2941% | -3.9604% | -19.25% | -16.129% | -35.2273% | -13.7255% | -8.2474% | 129.2308% | 12.5% | -13.5593% |
Next Quarterly Earnings
| Reported Date |
| Fiscal Date Ending |
| Estimated EPS |
| Currency |
Previous Dividend Records
| Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Payment Date | 2025-09-01 | 2025-06-01 | 2025-03-01 | 2024-12-01 | 2024-09-01 | 2024-06-01 | 2024-03-01 | 2023-12-01 | 2023-09-01 | 2023-06-01 |
| Amount | $0.73 | $0.73 | $0.73 | $0.705 | $0.705 | $0.705 | $0.705 | $0.6775 | $0.6775 | $0.6775 |
Next Dividend Records
| Dividend per share (year): | - |
| Dividend Yield | - |
| Next Dividend Date | - |
| Ex-Dividend Date | - |
Recent News: ALE
2026-02-14 19:57:27
ALLETE Inc's stock has been underperforming, trading in the lower half of its 52-week range, causing investors to question its value. The company, a regulated utility focused on clean-energy transitions, faces challenges from rising interest rates and subdued growth. Wall Street analysts generally hold a "Hold" rating, awaiting stronger catalysts for a significant breakout.
2026-02-13 21:26:17
ALLETE Inc.'s (ALE) stock has underperformed the broader market, trading in the lower half of its 52-week range, as investors reassess regulated utilities and clean-energy transition plays. The company faces a tug-of-war between its defensive appeal and investor desire for higher yields and faster growth, resulting in a 10-12% price-only loss over the last year. Future performance hinges on regulatory clarity, execution in renewables, and the broader interest rate environment, with Wall Street analysts generally maintaining a "Hold" rating.
2026-02-05 20:57:26
ALLETE Inc (ALE) is presented as a quiet utility stock that offers stable, long-term investment potential rather than quick gains. The article highlights its regulated utility core, increasing focus on renewable and clean energy, and a consistent dividend payout, making it attractive for income-focused and risk-aware investors looking for dependable growth. It contrasts ALLETE with more volatile "meme stocks," positioning it as a foundational brick in a diversified portfolio.
2026-02-04 20:59:42
A judge has scheduled a two-week trial for November 16 in the lawsuit filed by Palm Coast Holdings, an Allete subsidiary, against the city of Palm Coast. The lawsuit alleges that the city failed to guarantee water and sewer services, hindering land sales in Town Center. The city, however, refutes these claims, stating that current developments in Town Center are proceeding with utilities.
2026-02-03 01:29:26
ALLETE Inc (ALE) is presented as a quiet yet potentially valuable utility stock for long-term investors. The article highlights its steady regulated utility core, increasing focus on renewable and clean energy, and consistent dividend payments. It suggests ALE is not a speculative, high-growth stock but rather a stable foundation for a diversified portfolio, especially appealing to income-focused and climate-conscious investors.
2026-01-21 16:13:00
A recent acquisition of Minnesota Power by a BlackRock subsidiary and the Canada Pension Plan Investment Board marks a significant shift towards private equity ownership in the American energy sector. This move raises concerns about potential rate hikes, declining service quality, and increased debt for utility companies, especially as private equity firms eye opportunities related to data centers and AI. Experts argue that this trend will exacerbate power imbalances and reduce transparency, making effective regulation more challenging for public utilities commissions.
