ALLETE, Inc.

Equities

ALE

US0185223007

Electric Utilities

Delayed Nyse 20:47:40 08/05/2024 BST 5-day change 1st Jan Change
62.8 USD -0.48% Intraday chart for ALLETE, Inc. +4.08% +2.68%

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Sector Update: Energy Stocks Advance Late Monday Afternoon MT
Sector Update: Energy MT
Allete to Go Private in $6.2 Billion Deal MT
ALLETE to be Acquired by Canada Pension Plan Investment Board and Global Infrastructure Partners for $67 Per Share MT
ALLETE to be Bought by CPPIB, GIP for $67 Per Share MT
US utility Allete goes private in $6.2 billion deal RE
ALLETE to be Bought by CPPIB, GIP for $67 Per Share MT
Canada Pension Plan and Global Infra Partners to buy US utility Allete for $6.2 bln RE
Canada Pension Plan Investment Board and Global Infrastructure Management, LLC entered into a definitive agreement to acquire ALLETE, Inc. for $3.9 billion. CI
Minnesota Power reaches electric rate settlement with state agencies, awaits MPUC approval RE
GIP and Canada's CPP near deal for utility group Allete, source says RE
ALLETE, Inc. Declares Quarterly Dividend on Common Stock, Payable on June 1, 2024 CI
ALLETE, Inc. Announces Retirement of Margaret A. Thickens as Chief Legal Officer and Corporate Secretary, Effective May 31, 2024 CI
ALLETE, Inc. Provides Earnings Guidance for 2024 CI
Transcript : ALLETE, Inc., 2023 Earnings Call, Feb 20, 2024
ALLETE's Q4 Earnings, Revenue Decline; Issues 2024 EPS Guidance MT
Earnings Flash (ALE) ALLETE Posts Q4 Revenue $402.7M, vs. Street Est of $425.3M MT
North American Morning Briefing : Earnings Back in -2- DJ
ALLETE, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023 CI
ALLETE, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023 CI
Allete Lifts Quarterly Cash Dividend 4.1% to $0.705 a Share; Payable March 1 to Shareholders of Record as of Feb. 15 MT
Allete, Inc. Raises Quarterly Common Stock Dividend, Payable on March 1, 2024 CI
North American Morning Briefing : Stock Futures -2- DJ
Guggenheim Upgrades ALLETE to Neutral From Sell, Price Target is $58 MT
North American Morning Briefing : Focus Fixed on -2- DJ
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ALLETE, Inc. is a clean-energy transformation company that owns, operates and developing wind energy generation to reduce carbon footprint. The Company’s segments include Regulated Operations and ALLETE Clean Energy. Regulated Operations includes regulated utilities, Minnesota Power, and SWL&P, as well as investment in ATC, a Wisconsin-based regulated utility that owns and maintains electric transmission assets in portions of Wisconsin, Michigan, Minnesota, and Illinois. Minnesota Power provides regulated utility electric service in northeastern Minnesota to approximately 150,000 retail customers. ALLETE Clean Energy segment is focused on developing, acquiring, and operating clean and renewable energy projects. The segment owns and operates, in seven states, more than 1,200 MW of nameplate capacity wind energy generation with a contract under power sales agreements (PSAs) of various durations. It engages in the development of wind energy facilities to operate under long-term PSAs.
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More about the company
Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
6
Last Close Price
63.1 USD
Average target price
64.98 USD
Spread / Average Target
+2.97%
Consensus
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  5. Mizuho Adjusts ALLETE's Price Target to $58 From $64, Keeps Neutral Rating