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ALE | ALLETE, Inc. Stock Overview

(Stock Exchange: NYSE)
Day's Range 63.85 - 64.23
52 Week Range 49.29 - 65.86
Beta 0.93
Implied Volatility 51.09%
IV Rank 0.61%
Day's Volume 251,270
Average Volume 369,809
Shares Outstanding 57,754,300
Market Cap 3,689,344,684
Sector Utilities
Industry Diversified Utilities
IPO Date 1973-05-03
Valuation
Profitability
Growth
Health
P/E Ratio 16.64
Forward P/E Ratio N/A
EPS 3.84
1YR Price Target N/A
Dividend Yield 4.40%
Dividend Per Share 2.81
Dividend ExDate N/A
Dividend PayDate N/A
Employees 1,567
Country USA
Website ALE
ALLETE, Inc. operates as an energy company. The company operates through Regulated Operations, ALLETE Clean Energy, and Corporate and Other segments. It generates electricity from coal-fired, biomass co-fired / natural gas, hydroelectric, wind, and solar. The company provides regulated utility electric services in northwestern Wisconsin to approximately 15,000 electric customers, 13,000 natural gas customers, and 10,000 water customers, as well as regulated utility electric services in northeastern Minnesota to approximately 145,000 retail customers and 15 non-affiliated municipal customers. It also owns and maintains electric transmission assets in Wisconsin, Michigan, Minnesota, and Illinois. In addition, the company focuses on developing, acquiring, and operating clean and renewable energy projects; and owns and operates approximately 1,000 megawatts of wind energy generation facility. Further, it is involved in the coal mining operations in North Dakota; and real estate investment activities in Florida. The company owns and operates 158 substations with a total capacity of 10,066 megavolt amperes. It serves taconite mining, paper, pulp and secondary wood products, pipeline, and other industries. The company was formerly known as Minnesota Power, Inc. and changed its name to ALLETE, Inc. in May 2001. ALLETE, Inc. was incorporated in 1906 and is headquartered in Duluth, Minnesota.
ALE's peers: AES, AVA, BKH, MNTK, ELP, NWE, AESC, OTTR, BIP, UTL, CIG, EONGY, SRE
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Analyzing fundamentals for ALE we got that it has weak fundamentals where Valuation is considered to be slightly undervalued, Profitability is very poor, Growth is desperately bad and Health is weak. For more detailed analysis please see ALE Fundamentals page.

Watching at ALE technicals we can see that long-term trend is bullish, the same as bullish middle-term trend, as well as bullish short-term trend. More technicals details can be found on ALE Technicals page.
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