ALE Overview

ALLETE, Inc. is an energy company. The Company's segments include Regulated Operations, ALLETE Clean Energy, New Energy and Corporate and Other. The Regulated Operations segment includes its regulated utilities, Minnesota Power and Superior Water, Light and Power Company, as well as its investment in American Transmission Company LLC, a Wisconsin-based regulated utility that owns and maintains electric transmission assets in portions of Wisconsin, Michigan, Minnesota and Illinois. The ALLETE Clean Energy segment is focused on developing, acquiring, and operating clean and renewable energy projects. The New Energy segment is a renewable energy company with a primary focus on developing solar and energy storage facilities for external sale and internal ownership while also offering comprehensive operations, maintenance and asset management services. The Corporate and Other segment is comprised of its investment in Nobles 2, South Shore Energy, BNI Energy, ALLETE Properties and others.

Wall Street analysts forecast ALE stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ALE is67.00 USD with a low forecast of 67.00 USD and a high forecast of 67.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

ALLETE Inc revenue for the last quarter amounts to 375.00M USD, decreased -7.91

ALLETE Inc. EPS for the last quarter amounts to 0.47 USD, decreased -39.74

ALLETE Inc (ALE) has 1564 emplpoyees as of March 04 2026.

Today ALE has the market capitalization of 3.60B USD.