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.
Sector:
Utilities
Industry:
Alternative Power Generation
Employees:
1,616
Frequently Asked Questions
What is Market Cap of Allete, Inc.?
Market cap, also known as market capitalization, is the total market value of a company. It’s calculated by multiplying the current market price by the total number of shares outstanding. Allete, Inc. market cap is $3.67B.
What is the 52-week high for Allete, Inc.?
52 week high is the highest price of a stock in the past 52 weeks, or one year. Allete, Inc. 52 week high is $66.46 as of September 15, 2025.
What is the 52-week low for Allete, Inc.?
52 week low is the lowest price of a stock in the past 52 weeks, or one year. Allete, Inc. 52 week low is $63.05 as of September 15, 2025.
What is Allete, Inc. stock price today?
Allete, Inc. stock price today is $62.72.
What was Allete, Inc. stock price yesterday?
Allete, Inc. stock price yesterday was $63.26.
What is the PE ratio of Allete, Inc.?
The Price-to-Earnings (or P/E) ratio is a commonly used tool for valuing a company. It’s calculated by dividing the current share price by the earnings per share (or EPS). It can also be calculated by dividing the company’s Market Cap by the Net Profit. Allete, Inc.’s P/E ratio is 19.98.
What is the Price-to-Book ratio of Allete, Inc.?
The Price-to-Book (P/B) ratio is a commonly used tool for valuing a company. It’s calculated by dividing a company’s market capitalization by its book value. Allete, Inc. P/B ratio is 1.2820.
What is the 50-day moving average of Allete, Inc.?
The 50-day moving average is a frequently used data point by active investors and traders to understand the trend of a stock. It’s calculated by averaging the closing stock price over the previous 50 trading days. Allete, Inc. 50-day moving average is $65.07.
