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Allete, Inc. (ALE)

(Delayed Data from NYSE)

$56.82 USD

56.82
450,090

-3.86 (-6.36%)

Updated Apr 1, 2020 03:59 PM ET

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3-Hold     3    

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1
2
3
4
5
S&P
Strong Buy
Buy
Hold
Sell
Strong Sell
500
24.13%
17.51%
9.18%
4.92%
1.66%
10.45%

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C Value | F Growth | B Momentum | D VGM

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks News

Zacks Equity Research

ALLETE's (ALE) Q4 Earnings In Line With Estimates, Down Y/Y

ALLETE's (ALE) fourth-quarter 2019 earnings decline on a year-over-year basis.

CMS XEL NEE ALE

Zacks Equity Research

ALLETE (ALE) to Report Q4 Earnings: What's in the Cards?

ALLETE (ALE) to report its fourth-quarter 2019 earnings on February 13.

DUK CNP AEE ALE

Zacks Equity Research

Algonquin Power & Utilities (AQN) Q3 Earnings Beat Estimates

Algonquin Power & Utilities' (AQN) Q3 earnings are better than expected. The company has undertaken initiatives to further enhance the clean electricity generation portfolio.

ALE DTE NWE AQN

Zacks Equity Research

ALLETE (ALE) Q3 Earnings Miss Estimates, Revenues Down Y/Y

ALLETE's (ALE) third quarter earnings and revenues lagged the estimates. The company expects 2019 EPS to be in the lower end of the guidance range of $3.50 to $3.80.

PEG NWE DTE ALE

Zacks Equity Research

Allete (ALE) Q3 Earnings and Revenues Miss Estimates

Allete (ALE) delivered earnings and revenue surprises of -14.29% and -12.89%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

ALE

Zacks Equity Research

Earnings Preview: Allete (ALE) Q3 Earnings Expected to Decline

Allete (ALE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

ALE

Zacks Equity Research

ALLETE (ALE) Earnings Meet Estimates in Q2, Revenues Miss

Poor segmental performance hurt ALLETE's (ALE) second-quarter 2019 revenues.

AEP ALE WMT SBUX

Zacks Equity Research

Allete (ALE) Q2 Earnings Meet Estimates

Allete (ALE) delivered earnings and revenue surprises of 0.00% and -16.72%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

ALE

Zacks Equity Research

Allete (ALE) Reports Next Week: Wall Street Expects Earnings Growth

Allete (ALE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

ALE

Zacks Equity Research

Top Ranked Income Stocks to Buy for July 1st

Here are four stocks with buy rank and strong income characteristics for investors to consider today, July 1st.

BBY AMP ALE ABR

Zacks Equity Research

Top Ranked Income Stocks to Buy for June 27th

Here are four stocks with buy rank and strong income characteristics for investors to consider today, June 27th.

APAM AMP ALE ABR

Zacks Equity Research

Top Ranked Income Stocks to Buy for June 18th

Here are three stocks with buy rank and strong income characteristics for investors to consider today, June 18th.

APAM ALE ABR

Zacks Equity Research

ALLETE's Unit Signs Power Sales Agreement With Smithfield

ALLETE's (ALE) Diamond Spring wind project to provide 300-MW renewable energy to large corporate customers.

NEE ALE WMT SBUX

Zacks Equity Research

Here's Why You Should Add ALLETE (ALE) to Your Portfolio

ALLETE (ALE) is a promising pick for investors, courtesy of these five factors.

PNM BKH FE ALE

Zacks Equity Research

Duke Energy's Arm to Build 22MW Battery Storage Projects

Duke Energy (DUK) plans to invest $1 billion for constructing or acquiring a total of 700 MW of cost-effective solar power facilities and 50 MW of battery storage through 2022 in Florida.

DUK AT NEE ALE

Jewel Saha

Near-Term Outlook Bleak for Electric Power Stocks

Utility operators are concerned about aging workforce and lack of available replacement amid growing focus on addition of clean energy sources for electricity generation.

PNM NWE DTE ALE

Zacks Equity Research

Top Ranked Momentum Stocks to Buy for May 24th

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, May 24th.

APC ALE ACA

Zacks Equity Research

Top Ranked Momentum Stocks to Buy for May 23rd

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, May 23rd.

ALE AEL ACGL

Zacks Equity Research

Clearway Energy (CWEN) Incurs Loss in Q1, Beats on Revenues

Clearway Energy's (CWEN) total revenues in Q1 surpass estimates. The company reiterates its 2019 net income guidance.

DTE ALE XEL CWEN

Zacks Equity Research

ALLETE (ALE) Earnings and Revenues Miss Estimates in Q1

ALLETE's (ALE) first-quarter 2019 results are hurt by lower industrial sales.

FE NEE ALE DTE

Zacks Equity Research

Allete (ALE) Q1 Earnings and Revenues Miss Estimates

Allete (ALE) delivered earnings and revenue surprises of -0.84% and -1.75%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?

ALE

Zacks Equity Research

Allete (ALE) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Allete (ALE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

ALE

Zacks Equity Research

Moving Average Crossover Alert: ALLETE

ALLETE, Inc. (ALE) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.

ALE

Zacks Equity Research

ALLETE (ALE) Earnings and Revenues Beat Estimates in Q4

ALLETE's (ALE) year-over-year earnings grow on higher revenues.

NEE XEL AEP ALE

Zacks Equity Research

Duke Energy (DUK) to Post Q4 Earnings: What's in the Card?

Hurricanes and thunderstorms led to widespread devastation in certain parts of Duke Energy's (DUK) service territories, which may negatively impact the company's fourth-quarter results.

OGE DUK ALE ED