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Allete (ALE)

(Delayed Data from NYSE)

$64.21 USD

64.21
212,159

-0.05 (-0.08%)

Updated Oct 4, 2024 04:00 PM ET

After-Market: $64.25 +0.04 (0.06%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

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Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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NA Value NA Growth NA Momentum NA VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 19% (47 out of 251)

Industry: Utility - Electric Power

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Zacks News

Allete (ALE) Earnings Expected to Grow: Should You Buy?

by Zacks Equity Research

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.

ALE vs. EXC: Which Stock Should Value Investors Buy Now?

by Zacks Equity Research

ALE vs. EXC: Which Stock Is the Better Value Option?

NRG Energy (NRG) Gains on Diverse Customers & Debt Management

by Zacks Equity Research

NRG Energy (NRG) is likely to gain from the steady demand from its diverse customer base and contributions from the Direct Energy acquisition. However, any fluctuation in foreign currency regulations is a headwind.

4 Reasons to Add ALLETE (ALE) to Your Portfolio Right Now

by Zacks Equity Research

ALLETE (ALE) makes a good case for investment in the utility space, given its systematic capital expenditure, growth in earnings estimates and proper management of debts.

Allete (ALE) Q1 Earnings Lag Estimates

by Zacks Equity Research

Allete (ALE) delivered earnings and revenue surprises of -3.88% and 4.68%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

WEC Energy Group (WEC) Q1 Earnings and Revenues Beat Estimates

by Zacks Equity Research

WEC Energy (WEC) delivered earnings and revenue surprises of 7.83% and 3.78%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Reasons to Add ALLETE (ALE) to Your Portfolio Right Now

by Zacks Equity Research

ALLETE (ALE) makes a strong case for investment, given positive estimates movement, systematic capital investment and ongoing expansion of clean energy distribution.

Allete (ALE) Q3 Earnings Miss Estimates

by Zacks Equity Research

Allete (ALE) delivered earnings and revenue surprises of -34.57% and 15.49%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Allete (ALE) Reports Next Week: Wall Street Expects Earnings Growth

by Zacks Equity Research

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's (ALE) Q2 Earnings Miss Estimates, Revenues Beat

by Zacks Equity Research

ALLETE's (ALE) second-quarter earnings miss estimates while revenues beat the same. It registers a strong electricity sales volume, backed by Other Power suppliers load.

Alliant (LNT) Q2 Earnings Beat Estimates, Revenues Up Y/Y

by Zacks Equity Research

Alliant Energy's (LNT) second-quarter earnings are better than expected. The company has been able to add new electric and natural gas customers to the existing customer base.

Allete (ALE) Misses Q2 Earnings Estimates

by Zacks Equity Research

Allete (ALE) delivered earnings and revenue surprises of -1.85% and 27.50%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Jewel Saha headshot

Utility Stock Q2 Earnings Due on Aug 4: EXC, NI, ETR & More

by Jewel Saha

Utility earnings in the second quarter are expected to have benefited from higher demand from commercial and industrial customers, new rates as well as cost management.

    Allete (ALE) Earnings Expected to Grow: Should You Buy?

    by Zacks Equity Research

    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.

    Alliant (LNT) Q1 Earnings Beat Estimates, Revenues Down Y/Y

    by Zacks Equity Research

    Alliant Energy's (LNT) first-quarter earnings surpass estimates. The company also registers a year-over-year increase in electric and natural gas customer volumes.

    ALLETE's (ALE) Q1 Earnings Miss Estimates, Revenues Beat

    by Zacks Equity Research

    ALLETE's (ALE) first-quarter earnings miss estimates. However, it registers strong electricity sales volume backed by Other Power supplies load.

    Allete (ALE) Lags Q1 Earnings Estimates

    by Zacks Equity Research

    Allete (ALE) delivered earnings and revenue surprises of -10.81% and 8.06%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

    New Strong Sell Stocks for April 1st

    by Zacks Equity Research

    ALE, FLR, SBRA, WRE, and WELL have been added to the Zacks Rank #5 (Strong Sell) List on April 1, 2021

    The Zacks Analyst Blog Highlights: Portland General Electric Co, NextEra Energy, The AES Corp and ALLETE

    by Zacks Equity Research

    The Zacks Analyst Blog Highlights: Portland General Electric Co, NextEra Energy, The AES Corp and ALLETE

    Kaustav Ghosh headshot

    4 Stocks to Watch as Demand for Wind Energy Picks Up

    by Kaustav Ghosh

    Wind energy seems ready to continue its solid run as renewable sources of power gain prominence, making it wise to look at names like NextEra Energy (NEE) and ALLETE (ALE)

    Alliant Energy (LNT) Beats on Q4 Earnings, Adds Customers

    by Zacks Equity Research

    Alliant Energy's (LNT) fourth-quarter earnings surpass estimates. The company continues to expand electric and gas customer volumes.

    ALLETE (ALE) Tops Q4 Earnings Estimates, Adds Clean Assets

    by Zacks Equity Research

    ALLETE (ALE) fourth-quarter earnings benefit from an improvement in total electric sales volumes. The company continues to expand the clean energy generation portfolio.

    Jewel Saha headshot

    Utility Stocks Q4 Earnings Roster for Feb 17: ES, NI and ALE

    by Jewel Saha

    Let's focus of Utilities like Eversource (ES), NiSource (NI) and ALLETE (ALE), which are scheduled to release fourth-quarter earnings on Feb 17.

    ALLETE's (ALE) Arm to Sell 100-MW Wind Energy From Caddo Site

    by Zacks Equity Research

    ALLETE's (ALE) subsidiary ALLETE Clean Energy will sell renewable energy to Oshkosh Corporation and Hormel Foods. The 100-MW wind energy will be provided from its Caddo site.

    Xcel Energy (XEL) Boasts 10,000 MW Wind Power, To Cut Emission

    by Zacks Equity Research

    Xcel Energy (XEL) achieves more than half of its interim clean energy target by becoming one of the first energy companies in United States to generate 10,000 MW of wind energy by 2020.