|Bid||85.77 x 900|
|Ask||85.83 x 900|
|Day's Range||85.10 - 85.91|
|52 Week Range||72.42 - 88.58|
|Beta (3Y Monthly)||0.27|
|PE Ratio (TTM)||22.57|
|Earnings Date||Oct 30, 2019 - Nov 4, 2019|
|Forward Dividend & Yield||2.35 (2.75%)|
|1y Target Est||86.20|
ALLETE Clean Energy, a wholly owned subsidiary of ALLETE (ALE), is in the middle of its biggest wind energy construction year as it celebrates this week’s American Wind Week. ALLETE Clean Energy is poised to nearly double its carbon-free wind capacity to more than 1,000 megawatts with three new wind farms under construction in 2019 and 2020. Diamond Spring will be the largest wind facility owned by ALLETE Clean Energy – producing enough power for 114,000 homes, and increasing ALLETE Clean Energy’s total wind capacity to approximately 1,000 megawatts at 9 sites.
For long-term investors, assessing earnings trend over time and against industry benchmarks is more beneficial than...
Chairman & CEO of Allete Inc (30-Year Financial, Insider Trades) Alan R Hodnik (insider trades) sold 6,000 shares of ALE on 08/07/2019 at an average price of $85.09 a share. Continue reading...
Allete (ALE) delivered earnings and revenue surprises of 0.00% and -16.72%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
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, Inc. (NYSE:ALE) is a stock with outstanding fundamental characteristics. When we build an investment case, we...
ALLETE, Inc. will announce its financial results for the second quarter before the stock markets open on Thursday, August 1, 2019.
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.
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.