$79.32 -$0.93 (-1.2%)

04:00 PM EST on 12/06/19

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 $79.32 Mkt Cap $4.1B
Open $80.23 P/E Ratio 20.75
Prev. Close $80.25 Div. (Yield) $2.35 (3.0%)
Daily Range $79.26 - $80.38 Volume 193,497
52-Wk Range $72.50 - $88.60 Avg. Daily Vol. 250,053

Caps

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All Players

81 Outperform
16 Underperform
 

All-Star Players

12 Outperform
0 Underperform
 

Wall Street

4 Outperform
0 Underperform
 

Top NYSE:ALE Bull/Bear Pitches

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

jhsierra3 (61.40)
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.

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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: $33.19 NYSE:ALE Score: +23.30

0.7

Recs

0
Member Avatar gartersnk (63.27) Submitted: 1/22/2011 8:35:17 PM : Outperform Start Price: $21.44 NYSE:ALE Score: +75.42

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 (25.57) Submitted: 11/13/2010 9:13:08 AM : Outperform Start Price: $25.59 NYSE:ALE Score: +48.91

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

GrassCapes

GrassCapes (97.26) Score: +103.58

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
GrassCapes 97.26 1/16/2008 Outperform NS $23.16 +242.45% +138.88% +103.58 0 Comment
w9mia 74.51 1/29/2008 Outperform NS $23.11 +243.28% +141.09% +102.19 0 Comment
Sace1683 92.23 6/2/2009 Outperform 5Y $18.23 +335.20% +235.02% +100.18 0 Comment
codergrrl < 20 1/7/2008 Outperform 3Y $24.20 +227.70% +131.72% +95.98 1 Comment
Joyciet 74.67 3/24/2008 Outperform 3M $23.67 +235.06% +141.55% +93.51 0 Comment
brookjen < 20 3/24/2008 Outperform NS $23.87 +232.33% +140.70% +91.63 0 Comment
coop2454 88.74 12/26/2007 Outperform NS $25.44 +211.80% +120.74% +91.06 0 Comment
richd53 75.46 3/24/2008 Outperform 1Y $23.89 +232.03% +141.21% +90.81 0 Comment
touchmemidas 39.64 5/28/2009 Outperform 1Y $17.93 +342.35% +251.69% +90.65 0 Comment
kidb < 20 11/12/2007 Outperform 5Y $25.15 +215.33% +127.16% +88.17 0 Comment

Wall Street

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