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Allete (ALE)

(Real Time Quote from BATS)

$63.76 USD

63.76
207,875

-0.11 (-0.17%)

Updated Sep 20, 2024 01:46 PM ET

Zacks Rank:

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
1Strong Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

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Style Scores:

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.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

NA Value NA Growth NA Momentum NA VGM

Industry Rank:

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%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 14% (35 out of 251)

Industry: Utility - Electric Power

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Zacks News

ALE or WEC: Which Is the Better Value Stock Right Now?

by Zacks Equity Research

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

After Plunging -6.45% in 4 Weeks, Here's Why the Trend Might Reverse for Allete (ALE)

by Zacks Equity Research

The heavy selling pressure might have exhausted for Allete (ALE) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Reasons to Add Primo Water (PRMW) to Your Portfolio Now

by Zacks Equity Research

Primo Water's (PRMW) rising earnings estimates, customer addition and systematic investments make it a solid investment opportunity for investors.

Reasons to Add Global Water Resources (GWRS) to Your Portfolio

by Zacks Equity Research

Global Water Resources' (GWRS) rising earnings estimates, stable performance and systematic investments make it a solid investment opportunity for investors.

Reasons to Add Atmos Energy (ATO) to Your Portfolio Now

by Zacks Equity Research

Atmos Energy's (ATO) rising earnings estimates, stable performance and systematic investments to strengthen operations make it a solid investment opportunity for investors.

Reasons to Add Alliant Energy (LNT) to Your Portfolio Now

by Zacks Equity Research

Alliant Energy (LNT) makes a strong case for investment, given its estimate revision history, earnings surprise history and systematic investments to strengthen its infrastructure and serve customers efficiently.

Reasons to Add Pinnacle West Capital (PNW) to Your Portfolio

by Zacks Equity Research

Pinnacle West Capital's (PNW) rising estimates, strong investment plan and expanding customer base, which are increasing service demands, make it a solid option to add to your portfolio.

NRG Energy (NRG) Expands, to Buy Vivint Smart Home for $5.2B

by Zacks Equity Research

NRG Energy (NRG) decides to acquire Vivint Smart Home, further expanding its operation in the Essential Home Services market and diversifying its financial profile.

ALE vs. HE: Which Stock Should Value Investors Buy Now?

by Zacks Equity Research

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

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

by Zacks Equity Research

ALLETE Inc.'s (ALE) rising earnings estimates and a solid investment plan to strengthen its infrastructure make a strong case for adding it to your portfolio.

Allete (ALE) Is Up 2.97% in One Week: What You Should Know

by Zacks Equity Research

Does Allete (ALE) have what it takes to be a top stock pick for momentum investors? Let's find out.

MDU Resources (MDU) 5-Year Capex to Focus on Infrastructure

by Zacks Equity Research

MDU Resources (MDU) announces a five-year capital expenditure plan, which is set to further strengthen the electric & gas delivery and construction materials and services businesses.

ALE or HE: Which Is the Better Value Stock Right Now?

by Zacks Equity Research

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

Allete (ALE) Q3 Earnings Miss Estimates

by Zacks Equity Research

Allete (ALE) delivered earnings and revenue surprises of -15.71% and 7.50%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

NiSource (NI) Q3 Earnings Miss Estimates

by Zacks Equity Research

NiSource (NI) delivered earnings and revenue surprises of -9.09% and 9.32%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Dominion Energy (D) Surpasses Q3 Earnings and Revenue Estimates

by Zacks Equity Research

Dominion Energy (D) delivered earnings and revenue surprises of 2.78% and 12.11%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

PSEG (PEG) Beats Q3 Earnings and Revenue Estimates

by Zacks Equity Research

PSEG (PEG) delivered earnings and revenue surprises of 2.38% and 0.59%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Zacks.com featured highlights include Terns Pharmaceuticals, AllianceBernstein Holding and ALLETE

by Zacks Equity Research

Terns Pharmaceuticals, AllianceBernstein Holding and ALLETE have been highlighted in this Screen of The Week article.

Shrabana Mukherjee headshot

3 Stocks for Higher Returns as New Analysts Initiate Coverage

by Shrabana Mukherjee

Increased analyst coverage over the past few weeks may lead to solid price appreciation for stocks like Terns Pharmaceuticals (TERN), AllianceBernstein (AB) and ALLETE (ALE).

Why Allete (ALE) is a Great Dividend Stock Right Now

by Zacks Equity Research

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Allete (ALE) have what it takes? Let's find out.

NRG Energy (NRG) Gains on Diverse Customers & Debt Management

by Zacks Equity Research

NRG Energy (NRG) gains from steady demand from a diverse customer base and contributions from the Direct Energy takeover. However, any unfavorable fluctuation in foreign currency regulations is a woe.

Xcel Energy (XEL) Gains From Investment & Customer Growth

by Zacks Equity Research

Xcel Energy (XEL), with systematic investments, an expanding customer base and emissions reduction, is poised for growth. However, its dependence on subsidiaries and regulations are headwinds.

FirstEnergy (FE) Benefits From Investment & Debt Management

by Zacks Equity Research

FirstEnergy (FE), with consistent investments, proper debt management and an initiative for lowering emissions, is poised for growth. However, unfavorable weather and regulations are headwinds.

Allete (ALE) Q2 Earnings and Revenues Beat Estimates

by Zacks Equity Research

Allete (ALE) delivered earnings and revenue surprises of 6.35% and 6.56%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

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

by Zacks Equity Research

Ameren (AEE) 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.