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United States

ALLETE Inc (ALE)

ALE on New York Consolidated

67.13USD
24 Feb 2017
Change (% chg)

$0.37 (+0.55%)
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ALE

Chart for ALE

About

ALLETE, Inc. is an energy company. The Company operates through three segments. The Regulated Operations segment includes its regulated utilities, Minnesota Power and Superior Water, Light and Power Company (SWL&P), as well as its investment in American Transmission Company LLC (ATC), a regulated utility that owns and maintains... (more)

Overall

Beta: 0.53
Market Cap(Mil.): $3,359.79
Shares Outstanding(Mil.): 50.05
Dividend: 0.54
Yield (%): 3.19

Financials

  ALE Industry Sector
P/E (TTM): 21.40 8.92 14.16
EPS (TTM): 3.14 -- --
ROI: 3.42 9.73 6.73
ROE: 8.36 14.51 11.80

BRIEF-ALLETE reports 2016 earnings of $3.14 per share

* Qtrly operating revenue $341.5 million versus $380.6 million

Feb 15 2017

BRIEF-ALLETE board of directors raises quarterly common stock dividend

* ALLETE board of directors raises quarterly common stock dividend

Jan 25 2017

BRIEF-U.S. Water acquires Water & Energy Systems Technology

* U.S. Water - announced acquisition of Water & Energy Systems Technology Inc

Nov 18 2016

Brazil's Cemig to raise stake in power distributer Light, seeks new investors

SAO PAULO, Nov 16 Brazil's state-controlled power holding company Cia Energética de Minas Gerais SA will raise its stake in Rio de Janeiro-based power distributor Light SA, an executive told investors during a teleconference.

Nov 16 2016

BRIEF-Allete Q3 earnings per share $0.81

* Q3 earnings per share view $0.96 -- Thomson Reuters I/B/E/S Source text for Eikon: Further company coverage:

Nov 04 2016

BRIEF-Allete promotes Bob Adams to CFO effective March 2017

* Bob Adams promoted to Allete chief financial officer effective March 2017

Oct 25 2016

BRIEF-Minnesota Power to retire two small coal-fired generators at Boswell Energy

* Decision to retire two small coal units consistent with Minnesota Power's EnergyForward plan

Oct 19 2016

BRIEF-Allete says Minnesota Power reaches 5-yr agreement to supply electricity to U.S. Steel through at least Dec. 2021

* Allete says Minnesota Power has reached a five-year agreement to supply electricity to U.S. Steel through at least December 2021 Source text for Eikon: Further company coverage:

Oct 11 2016

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