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Allete (ALE)

(Delayed Data from NYSE)

$65.61 USD

65.61
1,001,337

+0.02 (0.03%)

Updated Aug 8, 2025 04:00 PM ET

After-Market: $65.60 -0.01 (-0.02%) 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 Buy23.75%
2Buy17.82%
3Hold9.58%
4Sell5.28%
5Strong Sell2.61%
S&P50011.30%

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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 35% (85 out of 244)

Industry: Utility - Electric Power

Zacks News

Zacks Equity Research

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

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.

Tirthankar Chakraborty headshot

Wall Street Just Got Hammered: Grab 5 Ultra-Safe Stocks Now

With Wall Street seeing its worst one-day selloff on Jan 27 since October 2020 and with the bearish trend likely to continue, it's safe to bet on stocks like Allete (ALE), B&G Foods (BGS) and Merck (MRK).

Zacks Equity Research

WEC Energy (WEC) Rewards Shareholders With 7.1% Dividend Hike

WEC Energy's (WEC) board of directors approves a 7.1% increase in the quarterly dividend rate. The company is aiming for dividend growth in the 5-7% range over the long term.

Zacks Equity Research

ALLETE's (ALE) Unit Aims to Provide 100% Clean Energy by 2050

ALLETE's (ALE) subsidiary Minnesota Power sets a target to provide completely carbon-free, more reliable and affordable energy to customers by 2050.

Zacks Equity Research

3 Utility Picks to Tap Likely Rise in Electricity Consumption

Electricity consumption in the United States seems poised to rise, making it prudent to invest in names like CenterPoint Energy (CNP) and MGE Energy (MGEE)

Zacks Equity Research

ALLETE (ALE) Unit Reaches 50% Renewable Energy Supply Target

ALLETE's (ALE) unit Minnesota Power has successfully worked on the EnergyForward strategy to provide clean and affordable power to customers.

Zacks Equity Research

ALLETE's (ALE) Unit to Sell 200-MW Wind Energy to McDonalds

ALLETE's (ALE) arm signs an agreement to sell 200 MW wind energy of its under construction Caddo site in Oklahoma to McDonalds.

Zacks Equity Research

ALLETE's (ALE) Q3 Earnings Beat Estimates, Revenues Miss

ALLETE's (ALE) third-quarter earnings are better than expected. However, lower sales to commercial and industrial customers adversely impact total electricity sales volume.

Zacks Equity Research

Allete (ALE) Q3 Earnings Surpass Estimates

Allete (ALE) delivered earnings and revenue surprises of 25.81% and -0.61%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Zacks Equity Research

Allete (ALE) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

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.

Zacks Equity Research

New Strong Sell Stocks for September 16th

Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today.

Zacks Equity Research

ALLETE's (ALE) Earnings & Revenues Miss Estimates in Q2

ALLETE's (ALE) second-quarter earnings and revenues fall on a year-over-year basis due to soft revenues from the commercial and industrial customers and weak net income at Minnesota Power.

Zacks Equity Research

Allete (ALE) Lags Q2 Earnings Estimates (Revised)

Allete (ALE) delivered earnings and revenue surprises of -40.00% and -17.70%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Zacks Equity Research

Allete (ALE) Lags Q2 Earnings Estimates

Allete (ALE) delivered earnings and revenue surprises of -76.92% and 1.52%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Zacks Equity Research

Analysts Estimate Allete (ALE) to Report a Decline in Earnings: What to Look Out for

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.

Zacks Equity Research

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

ALLETE's (ALE) first-quarter 2020 earnings decline on a year-over-year basis.

Zacks Equity Research

Allete (ALE) Beats Q1 Earnings Estimates

Allete (ALE) delivered earnings and revenue surprises of 4.07% and -10.58%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Zacks Equity Research

ALLETE's (ALE) Q4 Earnings In Line With Estimates, Down Y/Y

ALLETE's (ALE) fourth-quarter 2019 earnings decline on a year-over-year basis.

Zacks Equity Research

ALLETE (ALE) to Report Q4 Earnings: What's in the Cards?

ALLETE (ALE) to report its fourth-quarter 2019 earnings on February 13.

Zacks Equity Research

Algonquin Power & Utilities (AQN) Q3 Earnings Beat Estimates

Algonquin Power & Utilities' (AQN) Q3 earnings are better than expected. The company has undertaken initiatives to further enhance the clean electricity generation portfolio.

Zacks Equity Research

ALLETE (ALE) Q3 Earnings Miss Estimates, Revenues Down Y/Y

ALLETE's (ALE) third quarter earnings and revenues lagged the estimates. The company expects 2019 EPS to be in the lower end of the guidance range of $3.50 to $3.80.

Zacks Equity Research

Allete (ALE) Q3 Earnings and Revenues Miss Estimates

Allete (ALE) delivered earnings and revenue surprises of -14.29% and -12.89%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

Zacks Equity Research

Earnings Preview: Allete (ALE) Q3 Earnings Expected to Decline

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.

Zacks Equity Research

ALLETE (ALE) Earnings Meet Estimates in Q2, Revenues Miss

Poor segmental performance hurt ALLETE's (ALE) second-quarter 2019 revenues.

Zacks Equity Research

Allete (ALE) Q2 Earnings Meet Estimates

Allete (ALE) delivered earnings and revenue surprises of 0.00% and -16.72%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?