This company has been marked as potentially delisted and may not be actively trading. NYSE:ALE Allete (ALE) Stock Price, News & Analysis Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsDividendEarningsHeadlinesInsider TradesOwnershipShort InterestTrendsBuy This Stock About Allete Stock (NYSE:ALE) Get Allete alerts:Sign Up Key Stats Today's Range$67.90▼$67.9050-Day Range$67.33▼$67.9352-Week Range$62.38▼$67.99VolumeN/AAverage Volume621,570 shsMarket Capitalization$3.94 billionP/E Ratio23.82Dividend Yield4.30%Price TargetN/AConsensus RatingBuy Company Overview Allete, Inc. (NYSE: ALE) is a diversified energy company headquartered in Duluth, Minnesota, whose core operations span regulated electric utility services, renewable energy development and complementary energy-related businesses. Through its principal subsidiary, Minnesota Power, the company delivers electricity to residential, commercial and industrial customers across northeastern Minnesota, leveraging a mix of hydroelectric, coal-fired and natural gas–fired generation assets. In addition to its utility operations, Allete has expanded into renewable energy through ALLETE Clean Energy, a division focused on the development, ownership and operation of wind and solar projects in the United States. These efforts support broader industry trends toward decarbonization and provide long-term contracted revenue streams. The company’s renewable portfolio includes both utility-scale wind farms and distributed solar installations. Allete also operates BNI Energy, which owns and manages lignite mining operations in North Dakota, supplying fuel to power plants under long-term contracts. Complementing its energy production businesses, the company provides water treatment equipment and services through its U.S. Water subsidiary, addressing industrial and municipal water filtration and purification needs. Founded in 1906 as Minnesota Power & Light, Allete has evolved into a multi-faceted energy holding company serving customers primarily in the Upper Midwest. Under the leadership of Chairman, President and Chief Executive Officer Al Hodnik, the company continues to pursue opportunities in clean energy expansion while maintaining reliable service in its regulated utility footprint.AI Generated. May Contain Errors. Read More Receive ALE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Allete and its competitors with MarketBeat's FREE daily newsletter. 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ALE Stock News HeadlinesAllete announces completion of acquisition by CPP, GIPDecember 17, 2025 | finance.yahoo.comAllete announces completion of acquisition by CPP, GIPDecember 16, 2025 | msn.comHey, it's Jon Najarian. The SpaceX IPO is right around the corner. But I discovered Elon may have something BIGGER planned. Check this out before June 9th...After being invited to the SpaceX launch headquarters in Cape Canaveral from one of Elon's top lobbyists… Hall of Fame Trader Jon Najarian now says EVERYONE is missing an even bigger story about the SpaceX IPO… That it's just the start of an Elon Musk $44 trillion "Superconvergence…" An event that could kick off as soon as June 12th.May 20 at 1:00 AM | Banyan Hill Publishing (Ad)ALLETE Completes Acquisition by CPP Investments and GIPDecember 15, 2025 | tipranks.comALLETE Announces Completion of Acquisition by CPP Investments and Global Infrastructure PartnersDecember 15, 2025 | businesswire.comALLETE Board of Directors Declares Stub Period Dividend on Common StockDecember 15, 2025 | businesswire.comAllete receives written order from MPUC approving company’s acquisitionDecember 12, 2025 | msn.comAllete gets written order approving acquisition from MPUC, deal close Dec. 15December 11, 2025 | msn.comSee More Headlines ALE Stock Analysis - Frequently Asked Questions How were Allete's earnings last quarter? Allete, Inc. (NYSE:ALE) posted its earnings results on Thursday, October, 30th. The utilities provider reported $0.46 EPS for the quarter, missing analysts' consensus estimates of $0.80 by $0.34. The utilities provider earned $375 million during the quarter, compared to analyst estimates of $434.90 million. Allete had a net margin of 11.04% and a trailing twelve-month return on equity of 5.08%. What other stocks do shareholders of Allete own? Based on aggregate information from My MarketBeat watchlists, some other companies that Allete investors own include Verizon Communications (VZ), AT&T (T), AbbVie (ABBV), Chevron (CVX), International Business Machines (IBM), 3M (MMM) and United Parcel Service (UPS). Company Calendar Last Earnings10/30/2025Today5/20/2026Fiscal Year End12/31/2026Get Stock Alerts Health Indicator TradeSmith's Health IndicatorA long-term volatility-based measure designed for securities held 12 months or longer.Green: Strong and healthy uptrend with normal pullbacks.Yellow: Significant pullback but still within expected volatility.Red: Dropped beyond expected volatility; considered unhealthy. Green Zone (29m+) 1-Year History May 25 Aug 25 Nov 25 Feb 26 May 26 ALE's financial health is in the Green zone, according to TradeSmith. ALE has been in this zone for over 29 months. Industry, Sector and Symbol Stock ExchangeNYSE SectorUtilities Industry UTIL - ELEC PWR Sub-IndustryElectric Utilities Current SymbolNYSE:ALE CIK66756 Webwww.allete.com Phone(218) 279-5000Fax218-723-3944Employees1,616Year Founded2015Profitability EPS (Trailing Twelve Months)$2.85 Trailing P/E Ratio23.82 Forward P/E RatioN/A P/E GrowthN/ANet Income$179.30 million Net Margins11.04% Pretax Margin6.12% Return on Equity5.08% Return on Assets2.47% Debt Debt-to-Equity Ratio0.63 Current Ratio1.17 Quick Ratio0.73 Sales & Book Value Annual Sales$1.53 billion Price / Sales2.58 Cash Flow$7.82 per share Price / Cash Flow8.68 Book Value$58.63 per share Price / Book1.16Miscellaneous Outstanding Shares58,100,000Free Float57,947,000Market Cap$3.94 billion OptionableOptionable Beta0.83 7 Stocks That Will Be Magnificent in 2026Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2026. 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