Allete, Inc

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Key stats

Market capitalization
3.624BUSD
Dividends yield (FY)
4.28%
Price to earnings Ratio (TTM)
17.84
Basic EPS (TTM)
3.41USD

About Allete, Inc

ISIN
US0185223007
Sector
Utilities
Website
allete.com
CEO
Bethany M. Owen
Headquarters
Duluth
Employees
1.494K
Founded
1906

ALLETE, Inc. engages in the provision of electric and natural gas utility services. It operates through the following business segments: Regulated Operations, ALLETE Clean Energy, and Corporate and Other. The Regulated Operations segment includes regulated utilities, Minnesota Power, SWL&P, and investment in ATC, which regulates utilities that own and maintain electric transmission assets. The ALLETE Clean Energy segment develops, acquires, and operates clean and renewable energy projects. The Corporate and Other segment includes New Energy, South Shore Energy, BNI Energy, ALLETE Properties, a small amount of non-rate base generation, land holdings, and earnings on cash and investments. The company was founded on January 25, 1906 and is headquartered in Duluth, MN.

Summarizing what the indicators are suggesting.
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An aggregate view of professional's ratings.
Neutral
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Income Statement
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