Allete, Inc. (ALE) News

Allete, Inc. (ALE): $64.05

0.14 (+0.22%)

POWR Rating

Component Grades

Momentum

C

Stability

C

Sentiment

Quality

C

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Industry: Utilities - Domestic

Industry

F

Ranked

#22 of 63

in industry

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ALE News Results

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ALE News Highlights

  • ALE's 30 day story count now stands at 10.
  • Over the past 22 days, the trend for ALE's stories per day has been choppy and unclear. It has oscillated between 1 and 3.
  • TOP, ATO and PAY are the most mentioned tickers in articles about ALE.

Latest ALE News From Around the Web

Below are the latest news stories about ALLETE INC that investors may wish to consider to help them evaluate ALE as an investment opportunity.

5 Low-Leverage Stocks to Buy on Rate Cut Expectations

The crux of safe investment lies in choosing a company that is not burdened with debt. This is because a debt-free stock is almost impossible to find. You can consider stocks like VIRC, PLAB, ALE, TNK and ATO.

Yahoo | December 27, 2023

ALLETE, Inc.'s (NYSE:ALE) On An Uptrend But Financial Prospects Look Pretty Weak: Is The Stock Overpriced?

ALLETE's (NYSE:ALE) stock is up by a considerable 15% over the past three months. However, we decided to pay close...

Yahoo | December 27, 2023

Dividend Contenders List Ranked By Yield: Top 25

In this article, we discuss top 25 dividend contenders according to yields. You can skip our detailed analysis of dividend stocks and their previous performance, and go directly to read Dividend Contenders List Ranked By Yield: Top 10. Dividend contenders typically refer to companies that have consistently increased their dividends for at least 10 consecutive […]

Yahoo | December 24, 2023

ALLETE, Grid United sign development agreements for advancing new HVDC transmission line in North Dakota and Montana

DULUTH, Minn., December 21, 2023--ALLETE and Grid United this week signed development agreements for the North Plains Connector project.

Yahoo | December 21, 2023

Reasons to Add ALLETE (ALE) to Your Portfolio Right Now

ALLETE Inc.'s (ALE) rising earnings estimates, regular dividend payments and a solid investment plan, makes it a strong choice for investment in the utility space.

Yahoo | December 19, 2023

Should Value Investors Buy Allete (ALE) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Yahoo | December 14, 2023

Allete (ALE) Moves to Buy: Rationale Behind the Upgrade

Allete (ALE) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Yahoo | December 7, 2023

ALE vs. PNW: Which Stock Is the Better Value Option?

ALE vs. PNW: Which Stock Is the Better Value Option?

Yahoo | December 7, 2023

Is Now The Time To Put ALLETE (NYSE:ALE) On Your Watchlist?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...

Yahoo | December 7, 2023

US power utility Allete is exploring a sale, sources say

(Reuters) -Allete Inc, a U.S. power utility and renewable energy developer that has a market value of about $5.2 billion, including debt, is exploring a sale of the company, people familiar with the matter said on Tuesday. Allete is working with JPMorgan Chase & Co on a sale process that has attracted suitors that include infrastructure funds and buyout firms, the sources said, cautioning that no deal is certain and asking not to be identified because the matter is confidential. Allete and JPMorgan did not immediately respond to requests for comment.

Yahoo | December 5, 2023


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