Next report date
Report period
Q1 2024
EPS estimate
0.95EUR
Revenue estimate
467.91 MEUR
4.0EUR
223.88 MEUR
1.70 BEUR
57.42 M
About Allete, Inc.
Sector
Industry
CEO
Bethany M. Owen
Website
Headquarters
Duluth
Employees (FY)
1.56 K
Founded
1906
FIGI
BBG000J7G9B4
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.
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Frequently Asked Questions
The current price of AEBA is 55.0 EUR — it has increased by 0.92% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on FWB exchange ALLETE INC. NEW stocks are traded under the ticker AEBA.
ALLETE INC. NEW is going to release the next earnings report on May 9, 2024. Keep track of upcoming events with our Earnings Calendar.
AEBA stock is 0.91% volatile and has beta coefficient of 0.31. Check out the list of the most volatile stocks — is ALLETE INC. NEW there?
AEBA earnings for the last quarter are 1.41 EUR per share, whereas the estimation was 0.61 EUR resulting in a 129.26% surprise. The estimated earnings for the next quarter are 0.88 EUR per share. See more details about ALLETE INC. NEW earnings.
ALLETE INC. NEW revenue for the last quarter amounts to 358.34 M EUR despite the estimated figure of 375.66 M EUR. In the next quarter revenue is expected to reach 385.24 M EUR.
Yes, you can track ALLETE INC. NEW financials in yearly and quarterly reports right on TradingView.
AEBA stock has fallen by 1.79% compared to the previous week, the month change is a 2.80% rise, over the last year ALLETE INC. NEW has showed a 2.65% decrease.
AEBA net income for the last quarter is 46.66 M EUR, while the quarter before that showed 81.26 M EUR of net income which accounts for −42.58% change. Track more ALLETE INC. NEW financial stats to get the full picture.
Today ALLETE INC. NEW has the market capitalization of 3.20 B, it has decreased by 1.96% over the last week.
Yes, AEBA dividends are paid quarterly. The last dividend per share was 0.66 EUR. As of today, Dividend Yield (TTM)% is 4.61%. Tracking ALLETE INC. NEW dividends might help you take more informed decisions.
ALLETE INC. NEW dividend yield was 4.43% in 2023, and payout ratio reached 62.95%. The year before the numbers were 4.03% and 76.91% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
Like other stocks, AEBA shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade ALLETE INC. NEW stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 30, 2024, the company has 1.56 K employees. See our rating of the largest employees — is ALLETE INC. NEW on this list?
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So ALLETE INC. NEW technincal analysis shows the strong buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating ALLETE INC. NEW stock shows the buy signal. See more of ALLETE INC. NEW technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
We've gathered analysts' opinions on ALLETE INC. NEW future price: according to them, AEBA price has a max estimate of 58.20 EUR and a min estimate of 52.57 EUR. Read a more detailed ALLETE INC. NEW forecast: see what analysts think of ALLETE INC. NEW and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. ALLETE INC. NEW EBITDA is 392.03 M EUR, and current EBITDA margin is 23.02%. See more stats in ALLETE INC. NEW financial statements.