AEBA Stock Overview Operates as an energy company. More details
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Price History & Performance
Summary of share price highs, lows and changes for ALLETE Historical stock prices Current Share Price US$61.50 52 Week High US$63.50 52 Week Low US$50.50 Beta 0.79 1 Month Change 0% 3 Month Change 8.85% 1 Year Change 11.82% 3 Year Change 7.89% 5 Year Change -13.99% Change since IPO 69.22%
Recent News & Updates
Third quarter dividend of US$0.70 announced Nov 03
Insufficient new directors Nov 01
Third quarter 2024 earnings released: EPS: US$0.78 (vs US$1.50 in 3Q 2023) Oct 31
ALLETE, Inc. Declares Quarterly Dividend on Common Stock, Payable on December 1, 2024 Oct 26
ALLETE, Inc. to Report Q3, 2024 Results on Oct 30, 2024 Oct 04
ALLETE Applauds $700 Million Federal Grant for Montana and North Plains Connector Transmission Project Aug 07 See more updates
Third quarter dividend of US$0.70 announced Nov 03
Insufficient new directors Nov 01
Third quarter 2024 earnings released: EPS: US$0.78 (vs US$1.50 in 3Q 2023) Oct 31
ALLETE, Inc. Declares Quarterly Dividend on Common Stock, Payable on December 1, 2024 Oct 26
ALLETE, Inc. to Report Q3, 2024 Results on Oct 30, 2024 Oct 04
ALLETE Applauds $700 Million Federal Grant for Montana and North Plains Connector Transmission Project Aug 07
Second quarter 2024 earnings released: EPS: US$0.57 (vs US$0.90 in 2Q 2023) Aug 02
First quarter dividend of US$0.70 announced Jul 29
ALLETE, Inc. Declares Quarterly Dividend, Payable on September 1, 2024 Jul 26
ALLETE, Inc. to Report Q2, 2024 Results on Aug 01, 2024 Jul 16
First quarter 2024 earnings released: EPS: US$0.88 (vs US$1.02 in 1Q 2023) May 09 Canada Pension Plan Investment Board and Global Infrastructure Management, LLC entered into a definitive agreement to acquire ALLETE, Inc. (NYSE:ALE) for $3.9 billion. May 06
Fourth quarter dividend of US$0.70 announced Apr 28
ALLETE, Inc. Declares Quarterly Dividend on Common Stock, Payable on June 1, 2024 Apr 26
ALLETE, Inc. to Report Q1, 2024 Results on May 09, 2024 Apr 13
New minor risk - Earnings quality Feb 22
Full year 2023 earnings released: EPS: US$4.31 (vs US$3.39 in FY 2022) Feb 21
ALLETE, Inc. to Report Fiscal Year 2023 Results on Feb 20, 2024 Feb 08
Upcoming dividend of US$0.70 per share at 4.8% yield Feb 07
Third quarter dividend of US$0.70 announced Jan 29
Allete, Inc. Raises Quarterly Common Stock Dividend, Payable on March 1, 2024 Jan 26
Now 21% undervalued Jan 25
Now 20% undervalued Jan 19 Allete Reportedly Working with Bank to Explore Possible Sale Dec 07
Upcoming dividend of US$0.68 per share at 4.8% yield Nov 07
New minor risk - Earnings quality Nov 04
Third quarter 2023 earnings released: EPS: US$1.50 (vs US$0.59 in 3Q 2022) Nov 03
ALLETE, Inc. Declares Quarterly Dividend on Common Stock, Payable on December 1, 2023 Oct 28 U.S. Department of Energy Awards $50 Million to Minnesota Power to Increase Reliability and Resilience of Region’s Transmission Grid in Support of A Clean-Energy Future Oct 19
ALLETE, Inc. to Report Q3, 2023 Results on Nov 02, 2023 Oct 06
Now 20% undervalued after recent price drop Aug 09
Second quarter 2023 earnings released: EPS: US$0.90 (vs US$0.67 in 2Q 2022) Aug 09
Upcoming dividend of US$0.68 per share at 4.9% yield Aug 07
ALLETE, Inc. Declares Dividend on Common Stock, Payable on September 1, 2023 Aug 01
ALLETE, Inc. to Report Q2, 2023 Results on Aug 08, 2023 Jul 08
ALLETE, Inc., Annual General Meeting, May 09, 2023 May 09
Upcoming dividend of US$0.68 per share at 4.3% yield May 05
First quarter 2023 earnings released: EPS: US$1.02 (vs US$1.24 in 1Q 2022) May 03
Full year 2022 earnings released: EPS: US$3.39 (vs US$3.23 in FY 2021) Feb 17
ALLETE, Inc. Provides Earnings Guidance for the Year 2023 Feb 17
Upcoming dividend of US$0.68 per share at 4.2% yield Feb 07
ALLETE, Inc. Raises Quarterly Common Stock Dividend, Payable on March 1, 2023 Feb 04
ALLETE, Inc. to Report Fiscal Year 2022 Results on Feb 16, 2023 Jan 20
Third quarter 2022 earnings released: EPS: US$0.59 (vs US$0.53 in 3Q 2021) Nov 10
ALLETE, Inc. Provides Earnings Guidance for the Year of 2022 Nov 10
ALLETE, Inc. Promotes Josh Kunkel to the Position of President Nov 08
Upcoming dividend of US$0.65 per share Nov 07
ALLETE, Inc. Declares Quarterly Dividend on Common Stock, Payable on December 1, 2022 Oct 29
ALLETE, Inc. to Report Q3, 2022 Results on Nov 09, 2022 Oct 08
ALLETE, Inc. Announces Management Changes Aug 23
Upcoming dividend of US$0.65 per share Aug 05
Second quarter 2022 earnings released: EPS: US$0.67 (vs US$0.53 in 2Q 2021) Aug 04
ALLETE, Inc. Reaffirms Earnings Guidance for the Year of 2022 Aug 04
ALLETE, Inc. Declares Dividend on Common Stock, Payable on September 1, 2022 Jul 29
ALLETE, Inc. to Report Q2, 2022 Results on Aug 03, 2022 Jul 12
ALLETE Inc. Appoints Charles Matthews to its Board of Directors Jul 07
Upcoming dividend of US$0.65 per share May 06
ALLETE, Inc. Reaffirms Guidance for the Year 2022 May 06
ALLETE, Inc. (NYSE : ALE) completed the acquisition of New Energy Equity, LLC from SmartPitch Ventures, LLC and others. Apr 16
ALLETE, Inc. to Report Q1, 2022 Results on May 05, 2022 Apr 08
ALLETE, Inc. has completed a Follow-on Equity Offering in the amount of $201.6 million. Apr 03
Now 22% undervalued Apr 02
Now 21% undervalued Mar 10
ALLETE, Inc. (NYSE : ALE) entered into an definitive agreement to acquire New Energy Equity, LLC for approximately $170 million. Mar 04
ALLETE, Inc. Provides Earnings Guidance for the Full Year 2022 Feb 18
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Feb 17
Allete, Inc. Provides Earnings Guidance for the Full Year 2022 Feb 17 ALLETE, Inc. Promotes Steven W. Morris to Senior Vice President
Upcoming dividend of US$0.65 per share Feb 07
ALLETE, Inc. Increases Regular Quarterly Dividend, Payable March 1, 2022 Feb 04
ALLETE, Inc. Announces Board Changes Feb 03
Now 20% undervalued Jan 26
Third quarter 2021 earnings released: EPS US$0.53 (vs US$0.78 in 3Q 2020) Nov 06
Upcoming dividend of US$0.63 per share Nov 05
Independent Lead Director recently sold €193k worth of stock Aug 22
Upcoming dividend of US$0.63 per share Aug 06
Allete, Inc. Provides Earnings Guidance for the Full Year 2021 Aug 05
Second quarter 2021 earnings released: EPS US$0.53 (vs US$0.39 in 2Q 2020) Aug 05
ALLETE, Inc. Reaffirms Earnings Guidance for the Year 2021 May 07
First quarter 2021 earnings released: EPS US$0.99 (vs US$1.28 in 1Q 2020) May 07
Upcoming dividend of US$0.63 per share May 06
ALLETE, Inc. Announces Quarterly Dividend, Payable on June 1, 2021 Apr 30
New 90-day high: €57.50 Mar 13
Full year 2020 earnings released: EPS US$3.36 (vs US$3.60 in FY 2019) Feb 18
Revenue misses expectations Feb 18
ALLETE, Inc. to Report Fiscal Year 2020 Results on Feb 17, 2021 Jan 19
New 90-day high: €51.50 Jan 07
New 90-day high: €50.50 Nov 24
Third quarter 2020 earnings released: EPS US$0.78 Nov 11
Revenue beats expectations Nov 11
Upcoming Dividend of US$0.62 Per Share Nov 07
ALLETE, Inc. to Report Q3, 2020 Results on Nov 09, 2020 Oct 15
New 90-day low - €44.20 Sep 10
New 90-day low - €45.80 Aug 21 Shareholder Returns AEBA DE Electric Utilities DE Market 7D 0% -1.7% -2.6% 1Y 11.8% -4.1% 6.9%
See full shareholder returns
Return vs Market: AEBA exceeded the German Market which returned 6.9% over the past year.
Price Volatility Is AEBA's price volatile compared to industry and market? AEBA volatility AEBA Average Weekly Movement 1.7% Electric Utilities Industry Average Movement 3.5% Market Average Movement 4.8% 10% most volatile stocks in DE Market 11.2% 10% least volatile stocks in DE Market 2.4%
Stable Share Price: AEBA has not had significant price volatility in the past 3 months compared to the German market.
Volatility Over Time: AEBA's weekly volatility (2%) has been stable over the past year.
About the Company ALLETE, Inc. operates as an energy company. The company operates through Regulated Operations, ALLETE Clean Energy, and Corporate and Other segments. It generates electricity from coal-fired, biomass co-fired / natural gas, hydroelectric, wind, and solar.
Show more ALLETE, Inc. Fundamentals Summary How do ALLETE's earnings and revenue compare to its market cap? AEBA fundamental statistics Market cap €3.57b Earnings (TTM ) €172.70m Revenue (TTM ) €1.50b
Earnings & Revenue Key profitability statistics from the latest earnings report (TTM) AEBA income statement (TTM ) Revenue US$1.57b Cost of Revenue US$1.07b Gross Profit US$494.90m Other Expenses US$314.70m Earnings US$180.20m
Last Reported Earnings
Sep 30, 2024
Earnings per share (EPS) 3.12 Gross Margin 31.57% Net Profit Margin 11.49% Debt/Equity Ratio 52.6%
How did AEBA perform over the long term?
See historical performance and comparison Dividends
4.4% Current Dividend Yield
Company Analysis and Financial Data Status Data Last Updated (UTC time) Company Analysis 2024/12/22 08:32 End of Day Share Price 2024/12/20 00:00 Earnings 2024/09/30 Annual Earnings 2023/12/31
Data Sources The data used in our company analysis is from S&P Global Market Intelligence LLC . The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package Data Timeframe Example US Source * Company Financials 10 years Income statement Cash flow statement Balance sheet Analyst Consensus Estimates +3 years Forecast financials Analyst price targets Market Prices 30 years Stock prices Dividends, Splits and Actions Ownership 10 years Top shareholders Insider trading Management 10 years Leadership team Board of directors Key Developments 10 years
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here .
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Analyst Sources ALLETE, Inc. is covered by 17 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst Institution David Parker Baird Julien Dumoulin-Smith BofA Global Research Stewart Glickman CFRA Equity Research
Show 14 more analysts 
