Allete Inc Stock News

Investors with an interest in Utility - Electric Power stocks have likely encountered both Allete (ALE) and Pinnacle West (PNW). But which of these two stocks presents investors with the better value

Investing in defensive sectors such as ALLETE (ALE), PNM Resources (PNM), Consolidated Water Co (CWCO), California Water Service Group (CWT) and Vistra Corp. (VST) should be safe.

The crux of safe investment lies in choosing a company that is not burdened with debt. This is because a debt-free stock is almost impossible to find.

ALLETE (ALE) makes a strong case for investment, given its earnings growth prospects, strong ROE and ability to increase shareholders' value.

DULUTH, Minn.--(BUSINESS WIRE)--ALLETE Inc. (NYSE:ALE) will announce its financial results for the third quarter before the stock markets open on Thursday, November 2, 2023. Following the release, ALL

Consumer confidence is declining on recession fears. Defensive stocks like ALLETE (ALE), Consolidated Water (CWCO), American Water Works Company (AWK), Kimberly-Clark (KMB) and Colgate-Palmolive (CL)

Investors interested in stocks from the Utility - Electric Power sector have probably already heard of Allete (ALE) and NextEra Energy (NEE). But which of these two stocks is more attractive to value

The crux of safe investment lies in choosing a company that is not burdened with debt, as a debt-free stock is almost impossible to find. You may buy ACA, PHM, KEX, TEX & ALE.

Investors with an interest in Utility - Electric Power stocks have likely encountered both Allete (ALE) and Iberdrola S.A. (IBDRY). But which of these two stocks is more attractive to value investors?

ALLETE (ALE) makes a strong case for investment, given its positive growth estimates, stable financial position and focus on renewables.

Allete (ALE) came out with quarterly earnings of $0.90 per share, beating the Zacks Consensus Estimate of $0.78 per share. This compares to earnings of $0.67 per share a year ago.

PPL's Q2 2023 results are expected to benefit from ongoing capital investments and operation and maintenance cost savings. However, higher interest expenses might have impacted negatively.

AES' Q2 results are likely to reflect the impact of adverse weather events as well as higher interest expense.

DULUTH, Minn.--(BUSINESS WIRE)--ALLETE Inc. (NYSE:ALE) will announce its financial results for the second quarter before the stock markets open on Tuesday, August 8, 2023. Following the release, ALLET

ALLETE's (ALE) subsidiary, Minnesota Power, advances the high-voltage direct-current transmission system project to strengthen grid reliability and resiliency in Upper Midwest.