ALLETE Inc

ALE14 Dec 2024
Utilities
$64.56
+0.00 (+0.14%)
Lowest Today
$64.56
Highest Today
$64.78
Today’s Open
$64.56
Prev. Close
$64.55
52 Week High
$65.19
52 Week Low
$54.04
To Invest in ALLETE Inc

ALLETE Inc

Utilities
ALE14 Dec 2024
+0.00 (+0.14%)
1M
3M
6M
1Y
5Y
Low
$64.56
Day’s Range
High
$64.78
64.56
52 Week Low
$54.04
52-Week Range
52 Week High
$65.19
54.04
1 Day
-
1 Week
-0.15%
1 month return
+0.25%
3 month return
+1.26%
6 month return
+2.66%
1 Year return
+6.53%
3 Years return
+3.1%
5 Years return
-19.79%
10 Years return
-
Institutional Holdings
BlackRock Inc
12.98
Vanguard Group Inc
10.97
State Street Corp
4.25
iShares Core S&P Mid-Cap ETF
3.21
Vanguard Total Stock Mkt Idx Inv
3.16
iShares Russell 2000 ETF
2.84
Vanguard Small Cap Index
2.5

Market Status

Fundamentals
Market Cap
3748.41 mln
PB Ratio
1.32
PE Ratio
20.69
Enterprise Value
5444.7 mln
Total Assets
6656.4 mln
Volume

Company Financials

Fund house & investment objective

Company Information
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. In addition, 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 150,000 retail customers and 14 non-affiliated municipal customers. Further, it owns and maintains electric transmission assets in Wisconsin, Michigan, Minnesota, and Illinois. Additionally, the company focuses on developing, acquiring, and operating clean and renewable energy projects; and owns and operates approximately 1,200 megawatts of wind energy generation facility, as well as involved in the coal mining operations in North Dakota; and real estate investment activities in Florida. It owns and operates 162 substations with a total capacity of 9,980 megavolt amperes. The company 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.
Organisation
ALLETE Inc
Employees
1564
Industry
Utilities - Diversified
CEO
Ms. Bethany M. Owen
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