Allete, Inc. (ALE) News

Allete, Inc. (ALE): $70.40

0.81 (+1.16%)

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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.

Bethany M. Owen named Chair of ALLETE Board of Directors

Bethany M. Owen named Chair of ALLETE Board of Directors

Yahoo | May 11, 2021

ALLETE Board of Directors Declares Dividend on Common Stock

ALLETE Board of Directors declares dividend on common stock

Yahoo | April 29, 2021

ALLETE to Announce First Quarter Financial Results May 6

ALLETE to announce first quarter financial results May 6

Yahoo | April 8, 2021

4 Stocks to Watch as Demand for Wind Energy Picks Up

Wind energy seems ready to continue its solid run as renewable sources of power gain prominence, making it wise to look at names like NextEra Energy (NEE) and ALLETE (ALE)

Yahoo | March 12, 2021

Analyst Estimates: Here's What Brokers Think Of ALLETE, Inc. (NYSE:ALE) After Its Annual Report

Last week saw the newest annual earnings release from ALLETE, Inc. ( NYSE:ALE ), an important milestone in the...

Yahoo | February 20, 2021

ALLETE (ALE) Q4 2020 Earnings Call Transcript

Certain statements contained in this conference call that are not descriptions of historical facts are forward-looking statements such as terms defined in the Private Securities Litigation Reform Act of 1995. Because such statements can include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause results to differ materially from those expressed or implied by such forward-looking statements include but are not limited to those discussed in filings made by the company with the Securities and Exchange Commission.

Yahoo | February 17, 2021

Looking Into ALLETE's Return On Capital Employed

ALLETE (NYSE:ALE) showed a loss in earnings since Q3, totaling $36.40 million. Sales, on the other hand, increased by 9.02% to $320.40 million during Q4. In Q3, ALLETE earned $41.60 million and total sales reached $293.90 million. What Is Return On Capital Employed? Return on Capital Employed is a measure of yearly pre-tax profit relative to capital employed by a business. Changes in earnings and sales indicate shifts in a company's ROCE. A higher ROCE is generally representative of successful growth of a company and is a sign of higher earnings per share in the future. A low or negative ROCE suggests the opposite. In Q4, ALLETE posted an ROCE of 0.01%. Keep in mind, while ROCE is a good measure of a company's recent performance, it is not a highly reliable predictor of a company's earn...

Yahoo | February 17, 2021


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