Allete Stock News

ALLETE, Inc. (ALE) CEO Bethany Owen on Q4 2021 Results - Earnings Call Transcript

ALLETE press release (ALE): Q4 GAAP EPS of $1.18 beats by $0.08.Revenue of $399M (+24.5% Y/Y) beats by $71.35M.“I am pleased with our financial performance and accomplishments in…

ALLETE (NYSE:ALE) is scheduled to announce Q4 earnings results on Wednesday, February 16th, before market open.The consensus EPS Estimate is $1.06 (+17.8% Y/Y) and the consensus…

ALLETE (ALE) promoted its current VP and chief accounting officer Steve Morris to the position of CFO and senior VP.Morris succeeds Robert Adams, who announced his plan to retire in June…

Allete with ticker code (ALE) have now 6 analysts covering the stock with the consensus suggesting a rating of ''Hold''. The range between the high target price and low target price is between 88 and 65 calculating the mean target price we have 70.17. With the stocks previous close at 64.19 this is indicating there is a potential upside of 9.3%. The 50 day moving average now sits at 63.96 and the 200 moving average now moves to 66.18. The company has a market capitalisation of $3,327m. You can visit the company''s website by visiting: https://www.allete.com [stock_market_widget type="chart" symbol="ALE" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] The potential market cap would be $3,637m 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 (NYSE:ALE) declares $0.65/share quarterly dividend, 3.2% increase from prior dividend of $0.63.Forward yield 4.05%Payable March 1; for shareholders of record Feb. 15; ex-div Feb.

DULUTH, Minn.--(BUSINESS WIRE)--ALLETE to announce 2021 financial results on Feb. 16

EPS growth plus dividend yield should provide double-digit returns for this utility through end of 2023 and beyond.

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

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

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