Allete logo

Allete Share Price Today

(NASDAQ: ALE)

Allete share price is $65.51 & ₹5,681.42 as on 22 Feb 2025, 2.30 'hrs' IST

$65.51

0.05

(0.08%)

Market is closed - opens 8 PM, 24 Feb 2025

View live Allete share price in Dollar and Rupees. Guide to invest in Allete stock from India, including Indian investor sentiment. Get details on Indian mutual funds investing in Allete, along with analyst recommendations, forecasts, and comprehensive financials.

Allete share price movements

  • Today's Low: $65.38
    Today's High: $65.69

    Day's Volatility :0.47%

  • 52 Weeks Low: $55.86
    52 Weeks High: $65.99

    52 Weeks Volatility :15.35%

Allete (ALE) Returns

PeriodAllete IncSector (Utilities)Index (Russel 2000)
3 Months
0.78%
-1.4%
0.0%
6 Months
3.57%
6.7%
0.0%
1 Year
16.52%
30.5%
0.0%
3 Years
7.73%
21.3%
-10.7%

Allete (ALE) Key Statistics

in dollars & INR

Previous Close
$65.46
Open
$65.75
Today's High
$65.69
Today's Low
$65.38
Market Capitalization
$3.8B
Today's Volume
$274.3K
52 Week High
$65.99
52 Week Low
$55.86
Revenue TTM
$1.5B
EBITDA
$446.9M
Earnings Per Share (EPS)
$3.1
PE Ratio
21.12
Dividend Yield
4.46%
Profit Margin
11.72%
Quarterly Earnings Growth YOY
-0.02%
Return On Equity TTM
3.58%

How to invest in Allete Stock (ALE) from India?

It is very easy for Indian residents to invest directly in Allete from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the Allete stock in both Indian Rupees (INR) and US Dollars (USD). Search for Allete or ALE on the INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of Allete or rupee/ dollar value or set up a fixed SIP amount to be invested every month or week.

For example: You can easily buy Rs.100 worth of Allete shares which would translate to 0.013 fractional shares of Allete as of today. Learn more about fractional investing.

Indians can now also easily transfer and add money to their US stocks account via the INDmoney app. Invest in US Stocks from India, including recognised companies like Allete, in just a few clicks!

Returns in Allete (ALE) for Indian investors in Rupees

The Allete stock calculator helps Indian investors calculate returns based on the historical performance of the stock. Just choose your investment amount and duration to get insights and invest more confidently. See stock returns as well as the effect of dollar appreciation over different durations.

Investment Value

₹1,00,000

  • 1Y

  • 3Y

  • 5Y

  • 7Y

  • 10Y

Allete investment value today

Current value as on today

₹1,21,174

Returns

₹21,174

(+21.17%)

Returns from Allete Stock

₹16,524 (+16.52%)

Dollar Returns

₹4,649 (+4.65%)

Indian investors sentiment towards Allete (ALE)

0%

Period: Jan 23, 2025 to Feb 22, 2025. Change in 30 Days versus previous period

Search interest for Allete Stock from India on INDmoney has increased by 0% in the last 30 days, reflecting an upward trend in search activity.

Global Institutional Holdings in Allete

  • Wells Fargo & Co

    0.34%

Analyst Recommendation on Allete

Hold

    36%Buy

    63%Hold

    0%Sell

Based on 11 Wall street analysts offering stock ratings for Allete(by analysts ranked 0 to 5 stars)

Based on 11 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
4
4
1
Hold
7
7
7
Sell
0
0
7

Analyst Forecast on Allete Stock (ALE)

What analysts predicted

Upside of 0.37%

Target:

$65.75

Current:

$65.51

Insights on Allete Stock (Ticker Symbol: ALE)

  • Price Movement

    In the last 7 days, ALE stock has moved up by 0.1%
  • Decreasing Revenue

    Revenue is down for the last 2 quarters, 407.2M → 364.8M (in $), with an average decrease of 10.4% per quarter
  • Increasing Net Profit

    Netprofit is up for the last 3 quarters, 33.0M → 50.6M (in $), with an average increase of 18.9% per quarter
  • ALE vs SRE (1 yr)

    In the last 1 year, Sempra Energy has given 22.1% return, outperforming this stock by 7.1%
  • ALE vs SRE (3 yr)

    In the last 3 years, Sempra Energy has given 28.6% return, outperforming this stock by 21.4%
  • Price to Sales

    ForALE every $1 of sales, investors are willing to pay $2.5, whereas for Sempra Energy, the investors are paying $4.3 for every $1 of sales.

ALE Allete Financials in INR & Dollars

FY19Y/Y Change
Revenue
$1.2B
↓ 17.22%
Net Income
$185.6M
↑ 6.61%
Net Profit Margin
14.96%
↑ 3.34%
FY20Y/Y Change
Revenue
$1.2B
↓ 5.76%
Net Income
$174.2M
↓ 6.14%
Net Profit Margin
14.9%
↓ 0.06%
FY21Y/Y Change
Revenue
$1.4B
↑ 21.39%
Net Income
$169.2M
↓ 2.87%
Net Profit Margin
11.92%
↓ 2.98%
FY22Y/Y Change
Revenue
$1.6B
↑ 10.68%
Net Income
$131.3M
↓ 22.4%
Net Profit Margin
8.36%
↓ 3.56%
FY23Y/Y Change
Revenue
$1.9B
↑ 19.68%
Net Income
$247.1M
↑ 88.19%
Net Profit Margin
13.15%
↑ 4.79%
FY24Y/Y Change
Revenue
$1.5B
↓ 18.62%
Net Income
$179.3M
↓ 27.44%
Net Profit Margin
11.72%
↓ 1.43%
Q3 FY23Q/Q Change
Revenue
$378.8M
↓ 28.98%
Net Income
$85.9M
↑ 66.8%
Net Profit Margin
22.68%
↑ 13.02%
Q4 FY23Q/Q Change
Revenue
$402.7M
↑ 6.31%
Net Income
$51.5M
↓ 40.05%
Net Profit Margin
12.79%
↓ 9.89%
Q1 FY24Q/Q Change
Revenue
$403.3M
↑ 0.15%
Net Income
$50.7M
↓ 1.55%
Net Profit Margin
12.57%
↓ 0.22%
Q2 FY24Q/Q Change
Revenue
$354.5M
↓ 12.1%
Net Income
$33.0M
↓ 34.91%
Net Profit Margin
9.31%
↓ 3.26%
Q3 FY24Q/Q Change
Revenue
$407.2M
↑ 14.87%
Net Income
$45.0M
↑ 36.36%
Net Profit Margin
11.05%
↑ 1.74%
Q4 FY24Q/Q Change
Revenue
$364.8M
↓ 10.41%
Net Income
$50.6M
↑ 12.44%
Net Profit Margin
13.87%
↑ 2.82%
FY19Y/Y Change
Profit
$435.1M
↓ 5.96%
FY20Y/Y Change
Profit
$424.8M
↓ 2.37%
FY21Y/Y Change
Profit
$453.5M
↑ 6.76%
FY22Y/Y Change
Profit
$446.8M
↓ 1.48%
FY23Y/Y Change
Profit
$489.9M
↑ 9.65%
FY24Y/Y Change
Profit
$1.2B
↑ 138.5%
Q3 FY23Q/Q Change
Profit
$114.6M
↓ 7.95%
Q4 FY23Q/Q Change
Profit
$57.2M
↓ 50.09%
Q1 FY24Q/Q Change
Profit
$66.0M
↑ 15.38%
Q2 FY24Q/Q Change
Profit
$45.7M
↓ 30.76%
Q3 FY24Q/Q Change
Profit
$131.4M
↑ 187.53%
Q4 FY24Q/Q Change
Profit
$122.9M
↓ 6.47%
FY19Y/Y Change
Operating Cash Flow
$249.5M
↓ 42.39%
Investing Cash Flow
$-345.3M
↓ 1.06%
Financing Cash Flow
$109.3M
↓ 194.88%
FY20Y/Y Change
Operating Cash Flow
$299.8M
↑ 20.16%
Investing Cash Flow
$-812.8M
↑ 135.39%
Financing Cash Flow
$485.7M
↑ 344.37%
FY21Y/Y Change
Operating Cash Flow
$263.5M
↓ 12.11%
Investing Cash Flow
$-485.2M
↓ 40.31%
Financing Cash Flow
$204.2M
↓ 57.96%
FY22Y/Y Change
Operating Cash Flow
$221.3M
↓ 16.02%
Investing Cash Flow
$-384.0M
↓ 20.86%
Financing Cash Flow
$155.2M
↓ 24.0%
Q3 FY23Q/Q Change
Operating Cash Flow
$188.4M
↓ 21.24%
Investing Cash Flow
$-200.6M
↑ 254.42%
Financing Cash Flow
$-39.0M
↓ 77.21%

Allete Technicals Summary

Sell

Neutral

Buy

Allete is currently not in a favorable trading position ( SELL ) according to technical analysis indicators.

Allete (ALE) Vs Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Allete Inc logo
-0.29%
3.57%
16.52%
7.73%
-15.34%
Brookfield Infrastructure Partners L.p. logo
-1.82%
0.15%
13.13%
-15.81%
-6.95%
Sempra Energy logo
5.18%
6.09%
22.83%
29.78%
16.47%
Algonquin Power & Utilities Corp. logo
12.47%
-8.32%
-14.04%
-64.67%
-69.51%
Aes Corporation, The logo
-8.15%
-40.84%
-31.9%
-49.38%
-45.36%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Allete Inc logo
21.12
21.12
2.81
3.58
0.04
0.02
0.04
49.2
Brookfield Infrastructure Partners L.p. logo
835.5
835.5
1.18
0.9
0.05
0.03
0.05
10.18
Sempra Energy logo
18.94
18.94
2.04
4.75
0.1
0.02
0.03
45.5
Algonquin Power & Utilities Corp. logo
9.26
9.26
0.0
0.39
0.04
0.02
0.05
6.07
Aes Corporation, The logo
7.41
7.41
1.09
1.91
-0.03
0.03
0.07
4.63
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Allete Inc logo
Hold
$3.8B
-15.34%
21.12
11.72%
Brookfield Infrastructure Partners L.p. logo
Buy
$15.5B
-6.95%
835.5
0.27%
Sempra Energy logo
Buy
$54.5B
16.47%
18.94
22.7%
Algonquin Power & Utilities Corp. logo
Hold
$3.8B
-69.51%
9.26
-38.55%
Aes Corporation, The logo
Buy
$7.6B
-45.36%
7.41
8.34%

Allete Dividend announcements

  • Allete Dividends March, 2025

    In the quarter ending March,2025. Allete has declared dividend of $0.73

    Read More

About Allete

ALLETE, Inc. operates as an energy company. The company operates in two segments, Regulated Operations and ALLETE Clean Energy. It generates electricity from coal-fired, biomass co-fired/natural gas, hydro, wind, and solar. The company also provides regulated utility electric services in northeastern Minnesota to approximately 150,000 retail customers and 14 non-affiliated municipal customers in Minnesota; and regulated utility electric, natural gas, and water services in northwestern Wisconsin to approximately 15,000 electric customers, 13,000 natural gas customers, and 10,000 water customers. In addition, it owns and maintains electric transmission assets in Wisconsin, Michigan, Minnesota, and Illinois. Further, the company focuses on acquiring, developing, and operating clean and renewable energy projects; and owns, develops, and operates approximately 1,600 megawatts of wind energy generation facility, as well as involved in the coal mining operations in North Dakota and real estate investment activities in Florida. It owns and operates 154 substations with a total capacity of 10,647 megavolt-amperes. The company serves taconite mining, paper, pulp and secondary wood products, pipeline, and other industries. The company was formerly known as Minnesota Power, Inc. and changed its name to ALLETE, Inc. in May 2001. ALLETE, Inc. was incorporated in 1906 and is headquartered in Duluth, Minnesota.
Organization
Allete
Employees
1564
CEO
Mr. Matthew Hankey
Industry
Utilities

Management People of Allete

NameTitle
Ms. Bethany M. Owen
Chair, CEO & President
Mr. Steven Wayne Morris
Senior VP & CFO
Mr. Joshua J. Skelton
VP & COO of Minnesota Power
Ms. Nicole Renee Johnson
VP & President of Allete Clean Energy
Mr. Vincent J. Meyer
Vice President of Investor Relations
Ms. Julie L. Padilla
VP, Chief Legal Officer & Secretary
Mr. Rob Sandstrom
President of Superior Water, Light & Power
Mr. Jeffrey J. Scissons
Vice President & Corporate Treasurer
Mr. Matthew Hankey
President & CEO of New Energy Equity

Important FAQs about investing in ALE Stock from India :

What is Allete share price today?

Allete share price today stands at $65.51, Open: $65.75 ; Previous Close: $65.46 ; High: $65.69 ; Low: $65.38 ; 52 Week High: $65.99 ; 52 Week Low: $55.86.

The stock opens at $65.75, after a previous close of $65.46. The stock reached a daily high of $65.69 and a low of $65.38, with a 52-week high of $65.99 and a 52-week low of $55.86.

Can Indians buy Allete shares?

Yes, Indians can invest in the Allete (ALE) from India.

With INDmoney, you can buy Allete at 0 brokerage. The step-by-step process is as follows:

  • Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes)
  • Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.
  • Once funds are transferred successfully, you can buy Allete at zero transaction cost.

How can I buy Allete shares from India?

It is very easy to buy Allete from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Allete (ALE) be purchased?

Yes, you can buy fractional shares of Allete with INDmoney app.

What are the documents required to start investing in Allete stocks?

To start investing in Allete, You will need the following documents:

  • Proof of Identification (PAN, Aadhaar etc)
  • Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.

What are today’s High and Low prices of Allete Stock (ALE)?

Today’s highest price of Allete (ALE) is $65.69.

Today’s lowest price of Allete (ALE) is $65.38.

What is today's market capitalisation of Allete?

Today's market capitalisation of Allete ALE is 3.8B

What is the 52 Week High and Low Range of Allete Stock (ALE)?

  • 52 Week High

    $65.99

  • 52 Week Low

    $55.86

What are the historical returns of Allete (ALE)?

  • 1 Month Returns

    -0.29%

  • 3 Months Returns

    3.57%

  • 1 Year Returns

    16.52%

  • 5 Years Returns

    -15.34%

Who is the Chief Executive Officer (CEO) of Allete ?

Mr. Matthew Hankey is the current Chief Executive Officer (CEO) of Allete.