|Bid||82.37 x 1000|
|Ask||82.47 x 3100|
|Day's Range||82.38 - 84.12|
|52 Week Range||72.42 - 86.52|
|Beta (3Y Monthly)||0.24|
|PE Ratio (TTM)||21.90|
|Earnings Date||Jul 31, 2019 - Aug 5, 2019|
|Forward Dividend & Yield||2.35 (2.79%)|
|1y Target Est||81.25|
Before putting in our own effort and resources into finding a good investment, we can quickly utilize hedge fund expertise to give us a quick glimpse of whether that stock could make for a good addition to our portfolios. The odds are not exactly stacked in investors' favor when it comes to beating the market, […]
ALLETE Clean Energy, a wholly owned subsidiary of ALLETE (ALE), announced today a power sales agreement with Smithfield Foods, Inc. for the remaining output of the Diamond Spring wind site ALLETE Clean Energy will build, own and operate in Oklahoma. The Smithfield agreement follows an earlier announcement of power sale agreements with two large Fortune 500 companies, Walmart and Starbucks. Walmart has agreed to purchase 175 megawatts for 15 years, Smithfield will purchase 75 megawatts for 12 years, and Starbucks will purchase 50 megawatts for 15 years.
When we invest, we're generally looking for stocks that outperform the market average. And in our experience, buying...
Duke Energy (DUK) plans to invest $1 billion for constructing or acquiring a total of 700 MW of cost-effective solar power facilities and 50 MW of battery storage through 2022 in Florida.
Today we are going to look at ALLETE, Inc. (NYSE:ALE) to see whether it might be an attractive investment prospect. To...
ALLETE Inc. (ALE) says its targeted earnings growth is supported by the seemingly limitless opportunities found in the nation’s growing renewable energy sector, company leaders told investors today at the Duluth-based energy company’s 2019 annual meeting of shareholders. More than 900 people attended the 2019 Annual Meeting at the Duluth Entertainment Convention Center on Tuesday, where they elected 10 directors, approved compensation-related resolutions and ratified the selection of ALLETE's accounting firm. After conducting business, they heard from ALLETE President Bethany Owen, Chairman and CEO Al Hodnik and two other company leaders.
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ALLETE Clean Energy, a wholly owned subsidiary of ALLETE (ALE), announced today it has acquired the Diamond Spring wind project in Oklahoma from Apex Clean Energy and will build, own, operate and sell wind power from the site to two large Fortune 500 companies under 15-year power sales agreements. Diamond Spring will be the first ALLETE Clean Energy wind site to have contracts with corporate customers. Corporate and industrial customers represent a growing market as companies embrace sustainability goals and demonstrate to customers they are powered by clean energy.
The Duluth, Minnesota-based company said it had profit of $1.37 per share. Earnings, adjusted for non-recurring gains, were $1.18 per share. The power company owner posted revenue of $357.2 million in ...
ALLETE, Inc. today reported first quarter 2019 earnings of $1.37 per share on net income of $70.5 million and operating revenue of $357.2 million. Last year’s results were 99 cents per share on net income of $51.0 million and operating revenue of $358.2 million.
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! ALLETE, Inc. (NYSE:ALE) is a small-cap stock with a market capitalization of US$4.1b. While investors...
We know that hedge funds generate strong, risk-adjusted returns over the long run, therefore imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, smart money investors have to conduct complex analyses, spend many resources and use tools that are not always […]
Allete (ALE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
ALLETE Clean Energy, a wholly owned subsidiary of ALLETE (ALE), announced today it has received the 45th set of new wind turbine blades from international blade manufacturer Tecsis for its refurbishment initiative at its Storm Lake and Lake Benton wind facilities in Iowa and Minnesota, respectively. ALLETE Clean Energy announced an $80 million project in August 2017 that includes replacing select blades, gearboxes and generators on turbines at the Lake Benton wind site in Lincoln County, Minnesota, and the Storm Lake I and II wind sites in Buena Vista and Cherokee counties, Iowa.
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. By way of learning-by-doing, w...