Skip to main content
$55.40 -$0.20 (-0.4%)

04:00 PM EDT on 09/21/23

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 $55.40 Mkt Cap $3.2B
Open $55.35 P/E Ratio 16.27
Prev. Close $55.40 Div. (Yield) $2.68 (4.9%)
Daily Range $55.02 - $55.83 Volume 224,004
52-Wk Range $47.77 - $67.45 Avg. Daily Vol. 284,696

Caps

How do you think NYSE:ALE will perform against the market?

Add Stock to CAPS Watchlist

All Players

76 Outperform
16 Underperform
 

All-Star Players

8 Outperform
1 Underperform
 

Wall Street

0 Outperform
0 Underperform
 

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: $28.44 NYSE:ALE Score: -100.79

0.7

Recs

0
Member Avatar gartersnk (58.45) Submitted: 1/22/2011 8:35:17 PM : Outperform Start Price: $18.37 NYSE:ALE Score: -102.12

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: $21.93 NYSE:ALE Score: -105.13

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

cbarris8

cbarris8 (< 20) Score: +188.25

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
cbarris8 < 20 10/8/2008 Underperform NS $22.51 +146.14% +334.39% +188.25 0 Comment
soodsaman 55.28 3/17/2009 Underperform 3M $14.19 +290.33% +477.14% +186.80 0 Comment
Samurbri < 20 9/17/2008 Underperform NS $24.00 +130.82% +278.29% +147.47 0 Comment
tellicofd < 20 8/8/2011 Underperform 3M $24.47 +126.37% +268.99% +142.63 0 Comment
ObsidianFool < 20 8/25/2006 Underperform 3W $23.39 +136.82% +254.92% +118.10 0 Comment
HomerJFool 24.40 12/2/2009 Underperform 1Y $20.26 +173.39% +285.20% +111.81 0 Comment
VolumeMover 38.08 11/18/2010 Underperform 5Y $21.84 +153.64% +261.42% +107.78 0 Comment
wwddk < 20 4/27/2007 Underperform NS $25.88 +114.09% +205.90% +91.81 0 Comment
ahcoop 43.90 5/9/2007 Underperform 3M $25.66 +115.86% +202.76% +86.89 0 Comment
itsoeasy 82.12 4/24/2008 Underperform NS $22.52 +146.04% +224.63% +78.59 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.