$67.98
Closed
-(-)

At close

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About

ALLETE, Inc. engages in the provision of electric and natural gas utility services. The company is headquartered in Duluth, Minnesota and currently employs 1,610 full-time employees. The firm's segments include Regulated Operations, ALLETE Clean Energy, New Energy and Corporate and Other. The Regulated Operations segment includes its regulated utilities, Minnesota Power and Superior Water, Light and Power Company, as well as its investment in American Transmission Company LLC, a Wisconsin-based regulated utility that owns and maintains electric transmission assets in portions of Wisconsin, Michigan, Minnesota and Illinois. The ALLETE Clean Energy segment is focused on developing, acquiring, and operating clean and renewable energy projects. The New Energy segment is a renewable energy company with a primary focus on developing solar and energy storage facilities for external sale and internal ownership while also offering comprehensive operations, maintenance and asset management services. The Corporate and Other segment is comprised of its investment in Nobles 2, South Shore Energy, BNI Energy, ALLETE Properties and others.
Country

US

CEO

Ms. Bethany Owen

IPO date

1981

Employees

1,590

ISIN

US0185223007

Key stats

Open

$0.00

Volume

4.39M

Market cap

$3.94B

Prev. close

$67.90

Impl / hst vl

-

Open interest

$0.00

$0.00

Day’s Range

$0.00

$0.00

52W Range

$0.00

Valuation

38
Valuation score
Overvalued
P/E
23.26
P/S
-
P/B
1.35
Current ratio
1.17
Debt / Equity
0.76
ROE
5.80%
Gross margin
-
Income growth
-15.05%
FCF growth
152.83

Sep

1

Dividends

The last payment date was Sep 1, 2025

Div. per Share

$0.73

Div. Yield

1.08%

Payout Ratio

101.27%

Div. Growth YoY

0.00%

Analysts estimates

Consensus rating
Hold

The average rating from top 6 analysts indicates that stock may significantly underperform the market

Str. Sell
Sell
Hold
Buy
Str. Buy
Avg. price target
$70.67
The top 4 analysts forecasts that 12-month price may increase by 3.96%, with a low of $67.67 and a high of $76.65
$67.67
Low
$70.67
Avg
$76.65
High
Current price

Earnings

Q3 ‘25 revenue
$375.00M
Q3 ‘25 net income
$27.10M
Revenue
Net income
Previous EPS
$0.55
Estimate EPS
$0.97
Actual EPS
Estimate EPS
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