Allete Stock News

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 (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?

At current share price levels, Allete offers an attractive and safe dividend yield of 4.0%. EPS growth plus dividend yield should provide solid returns for this utility through the end of 2024 and bey

These are the best income generating stocks to invest in now. ALE, LYB, and NWE can make great investments in the coming months.

DULUTH, Minn.--(BUSINESS WIRE)--ALLETE, Inc. (NYSE:ALE) will announce its financial results for the first quarter before the stock markets open on Thursday, May 5, 2022. Following the release, ALLETE

Pre-open movers U.S. stock futures traded higher in early pre-market trade ahead of the much-awaited jobs report for March. Investors are awaiting earnings results from Yatra Online, Inc. (NASDAQ: YT

Some of the stocks that may grab investor focus today are: Wall Street expects Yatra Online, Inc. (NASDAQ: YTRA) to report a quarterly loss at $0.02 per share on revenue of $11.84 million before th

Allete found using ticker (ALE) now have 6 analysts covering the stock. The analyst consensus points to a rating of ''Hold''. The range between the high target price and low target price is between 81 and 60 with the average target price sitting at 67. Now with the previous closing price of 65.05 this would imply there is a potential upside of 3.0%. There is a 50 day moving average of 63.89 and the 200 day MA is 65.31. The market cap for the company is $3,497m. Company Website: https://www.allete.com [stock_market_widget type="chart" template="basic" color="green" assets=ALE" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $3,601m based on the market concensus. ALLETE 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.

Stephens & Co. cut the price target on SmileDirectClub, Inc. (NASDAQ: SDC) from $5 to $3. SmileDirectClub shares fell 3.7% to trade at $1.9650 on Wednesday. Mizuho raised Cigna Corporation (NYSE:

Monthly update of the Dividend Champions List. 139 companies declared higher dividends in the past month, with an average increase of 10.54% over their previous payouts.

Allete found using ticker (ALE) have now 6 analysts covering the stock. The analyst consensus points to a rating of ''Hold''. The range between the high target price and low target price is between 81 and 65 calculating the average target price we see 68. With the stocks previous close at 60.81 this indicates there is a potential upside of 11.8%. There is a 50 day moving average of 64 and the 200 day moving average is 65.59. The company has a market capitalisation of $3,332m. You can visit the company''s website by visiting: https://www.allete.com [stock_market_widget type="chart" template="basic" color="green" assets=ALE" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $3,726m based on the market concensus. ALLETE 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.

Allete found using ticker (ALE) now have 6 analysts in total covering the stock. The consensus rating is ''Hold''. The range between the high target price and low target price is between 88 and 65 with the average target price sitting at 69.17. Now with the previous closing price of 60.66 this now indicates there is a potential upside of 14.0%. The day 50 moving average is 64.12 and the 200 moving average now moves to 65.77. The company has a market cap of $3,264m. Find out more information at: https://www.allete.com [stock_market_widget type="chart" template="basic" color="green" assets=ALE" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $3,722m based on the market concensus. ALLETE 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.

ALE earnings call for the period ending December 31, 2021.

ALE earnings call for the period ending December 31, 2021.