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ALLETE, Inc. (ALE)

NYSE - NYSE Delayed price. Currency in USD
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63.06+0.23 (+0.37%)
At close: 04:00PM EDT
63.06 0.00 (0.00%)
After hours: 05:40PM EDT
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Trade prices are not sourced from all markets
Previous close62.83
Open62.75
Bid0.00 x 1000
Ask0.00 x 1400
Day's range62.75 - 63.62
52-week range49.29 - 65.86
Volume399,769
Avg. volume441,130
Market cap3.636B
Beta (5Y monthly)0.74
PE ratio (TTM)15.16
EPS (TTM)N/A
Earnings dateN/A
Forward dividend & yield2.82 (4.47%)
Ex-dividend date14 May 2024
1y target estN/A
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News
  • PR Newswire

    PGE joins Grid United and ALLETE in 3,000 megawatt east-west transmission line

    Portland General Electric (NYSE: POR) today signed a non-binding memorandum of understanding with Grid United and ALLETE, Inc. (NYSE: ALE) in the development of the North Plains Connector, an approximately 415-mile high-voltage direct-current (HVDC) transmission line to be constructed with endpoints near Bismarck, North Dakota and Colstrip, Montana. The parties will now work to finalize definitive agreements regarding PGE's participation, which is expected to involve a 20% ownership share of the

  • Business Wire

    ALLETE, Inc. reports first quarter 2024 earnings

    DULUTH, Minn., May 09, 2024--ALLETE, Inc. (NYSE: ALE) today reported first quarter 2024 earnings of 88 cents per share on net income of $50.7 million. Last year’s first quarter results were $1.02 per share on net income of $58.2 million. Net income in 2024 includes interim rate refund reserves of 7 cents per share due to Minnesota Power’s rate case settlement, a 6 cent per share negative impact due to warmer winter weather, and 2 cents per share of transaction expenses related to the recently an

  • Business Wire

    ALLETE Enters Agreement to be Acquired by a Partnership Led by Canada Pension Plan Investment Board and Global Infrastructure Partners to Advance ‘Sustainability-in-Action’ Strategy

    DULUTH, Minn., May 06, 2024--ALLETE, Inc. (NYSE: ALE) and a partnership led by Canada Pension Plan Investment Board ("CPP Investments") and Global Infrastructure Partners ("GIP"), (the "partnership"), today jointly announced that they have entered into a definitive agreement under which the partnership will acquire ALLETE for $67.00 per share in cash, or $6.2 billion including the assumption of debt.