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ALE | ALLETE, Inc. Stock Overview

(Stock Exchange: NYSE)
Day's Range 64.45 - 64.73
52 Week Range 55.86 - 65.86
Beta 0.88
Implied Volatility 16.13%
IV Rank 10.40%
Day's Volume 360,337
Average Volume 266,607
Shares Outstanding 57,819,000
Market Cap 3,729,325,500
Sector Utilities
Industry Diversified Utilities
IPO Date 1973-05-03
Valuation
Profitability
Growth
Health
P/E Ratio 20.67
Forward P/E Ratio N/A
EPS 3.12
1YR Price Target N/A
Dividend Yield 4.36%
Dividend Per Share 2.81
Dividend ExDate N/A
Dividend PayDate N/A
Employees 1,564
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 fairly valued, Profitability is unacceptably poor, Growth is very 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, but short-term trend is bearish. More technicals details can be found on ALE Technicals page.
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