Allete, Inc. (ALE): Price and Financial Metrics

Allete, Inc. (ALE): $64.27

3.43 (+5.64%)

POWR Rating

Component Grades

Momentum

C

Stability

C

Sentiment

Quality

C

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Industry: Utilities - Domestic

Industry

F

Ranked

#21 of 63

in industry

ALE Price/Volume Stats

Current price $64.27 52-week high $65.86
Prev. close $60.84 52-week low $49.29
Day low $61.85 Volume 1,472,300
Day high $65.86 Avg. volume 293,610
50-day MA $58.62 Dividend yield 4.67%
200-day MA $57.32 Market Cap 3.70B

ALE Stock Price Chart Interactive Chart >


Allete, Inc. (ALE) Company Bio


ALLETE Inc. provides regulated electric, natural gas, and water services in northwestern Wisconsin as well as regulated utility electric service in northeastern Minnesota. The company also owns and maintains electric transmission assets in Wisconsin, Michigan, Minnesota, and Illinois. The company was founded in 1906 and is based in Duluth, Minnesota.


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Latest ALE News From Around the Web

Below are the latest news stories about ALLETE INC that investors may wish to consider to help them evaluate ALE as an investment opportunity.

5 Low-Leverage Stocks to Buy on Rate Cut Expectations

The crux of safe investment lies in choosing a company that is not burdened with debt. This is because a debt-free stock is almost impossible to find. You can consider stocks like VIRC, PLAB, ALE, TNK and ATO.

Yahoo | December 27, 2023

ALLETE, Inc.'s (NYSE:ALE) On An Uptrend But Financial Prospects Look Pretty Weak: Is The Stock Overpriced?

ALLETE's (NYSE:ALE) stock is up by a considerable 15% over the past three months. However, we decided to pay close...

Yahoo | December 27, 2023

Dividend Contenders List Ranked By Yield: Top 25

In this article, we discuss top 25 dividend contenders according to yields. You can skip our detailed analysis of dividend stocks and their previous performance, and go directly to read Dividend Contenders List Ranked By Yield: Top 10. Dividend contenders typically refer to companies that have consistently increased their dividends for at least 10 consecutive […]

Yahoo | December 24, 2023

ALLETE, Grid United sign development agreements for advancing new HVDC transmission line in North Dakota and Montana

DULUTH, Minn., December 21, 2023--ALLETE and Grid United this week signed development agreements for the North Plains Connector project.

Yahoo | December 21, 2023

Reasons to Add ALLETE (ALE) to Your Portfolio Right Now

ALLETE Inc.'s (ALE) rising earnings estimates, regular dividend payments and a solid investment plan, makes it a strong choice for investment in the utility space.

Yahoo | December 19, 2023

Read More 'ALE' Stories Here

ALE Price Returns

1-mo 8.20%
3-mo 10.14%
6-mo 16.82%
1-year 7.73%
3-year 4.87%
5-year -5.22%
YTD 6.40%
2023 -0.65%
2022 1.49%
2021 11.19%
2020 -20.47%
2019 9.62%

ALE Dividends

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Continue Researching ALE

Here are a few links from around the web to help you further your research on Allete Inc's stock as an investment opportunity:

Allete Inc (ALE) Stock Price | Nasdaq
Allete Inc (ALE) Stock Quote, History and News - Yahoo Finance
Allete Inc (ALE) Stock Price and Basic Information | MarketWatch

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