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$62.26 $0.32 (0.5%)

04:00 PM EDT on 10/26/21

ALLETE, Inc. (NYSE:ALE)

CAPS Rating: No stars

The Company provides fundamental products and services which includes its two core businesses, Energy and Real Estate, as well as former operations in the water, paper, telecommunication and automotive industries.

Current Price $62.26 Mkt Cap $3.2B
Open $61.96 P/E Ratio 19.27
Prev. Close $62.26 Div. (Yield) $2.52 (4.1%)
Daily Range $61.77 - $62.96 Volume 243,537
52-Wk Range $50.75 - $73.10 Avg. Daily Vol. 308,802

Caps

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All Players

75 Outperform
16 Underperform
 

All-Star Players

10 Outperform
1 Underperform
 

Wall Street

0 Outperform
0 Underperform
 

Top NYSE:ALE Bull/Bear Pitches

The best Bull and Bear pitches based on recency and number of recommendations.

jhsierra3 (48.86)
Submitted December 29, 2006

Allete has spun off their non-core business. With Real estate in Florida and the Electricity in the North, Allete is set for the forseeable future.

Top Bear Pitch

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Recent Community Commentary

Read the most recent pitches from players about ALE.

Recs

0
Member Avatar Distressedstar (< 20) Submitted: 9/25/2012 12:50:45 AM : Outperform Start Price: $31.30 NYSE:ALE Score: -113.52

0.7

Recs

0
Member Avatar gartersnk (56.56) Submitted: 1/22/2011 8:35:17 PM : Outperform Start Price: $20.22 NYSE:ALE Score: -118.75

Allete through MN Power provides power to the mining and steel industry of northern MN. Also well situated to capitalize on increased wind farms in the Dakotas and Canada. Also has significant hydroelectic resources. ALE is also increasingly investing in transmission capacity - a major limitation to wind power. Solid dividend.

Recs

0
Member Avatar circa1973 (< 20) Submitted: 11/13/2010 9:13:08 AM : Outperform Start Price: $24.13 NYSE:ALE Score: -120.18

Excellent, reliable dividend payer. Great future potential for solid earnings given the upswing in mining and steel production that is coming in the next 10 years, as well a spec players like Polymet possibly opening mines. ALE provides the power for these mines. In addition Northern Minnesota is a gateway for wind power from Canada and the Dakotas, plus I believe the 25 year population growth trend for this area is strong as well.

Leaderboard

Find the members with the highest scoring picks in ALE.

Score Leader

soodsaman

soodsaman (72.48) Score: +211.44

The Score Leader is the player with the highest score across all their picks in ALE.

Top
Pick
Member Name Member
Rating
Start
Date
Call Time
Frame
Start
Price
Stock
Gain
Index
Gain
Score Commentary
soodsaman 72.48 3/17/2009 Underperform 3M $15.62 +298.63% +510.07% +211.44 0 Comment
cbarris8 56.54 10/8/2008 Underperform NS $24.77 +151.37% +359.18% +207.81 0 Comment
Samurbri < 20 9/17/2008 Underperform NS $26.41 +135.73% +299.88% +164.15 0 Comment
tellicofd < 20 8/8/2011 Underperform 3M $26.93 +131.18% +290.05% +158.87 0 Comment
ObsidianFool < 20 8/25/2006 Underperform 3W $25.74 +141.85% +275.18% +133.33 0 Comment
HomerJFool < 20 12/2/2009 Underperform 1Y $22.30 +179.20% +307.19% +127.99 0 Comment
VolumeMover 39.28 11/18/2010 Underperform 5Y $24.04 +159.03% +282.05% +123.02 0 Comment
wwddk < 20 4/27/2007 Underperform NS $28.48 +118.64% +223.36% +104.72 0 Comment
ahcoop 39.15 5/9/2007 Underperform 3M $28.24 +120.45% +220.03% +99.58 0 Comment
itsoeasy 91.38 4/24/2008 Underperform NS $24.78 +151.27% +243.15% +91.88 0 Comment

Wall Street

See what the Wall Street professionals think, according to their public statements and filings.

There are no Wall Street tracker picks for ALE.