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ALE [NYSE]
ALLETE, Inc.
Utilities - Diversified Utilities - USA
Index- P/E14.68 EPS (ttm)2.10 Insider Own0.26% Shs Outstand34.89M Perf Week-2.25%
Market Cap1.08B Forward P/E14.27 EPS next Y2.16 Insider Trans0.86% Shs Float34.80M Perf Month-4.37%
Income65.80M PEG1.96 EPS next Q0.52 Inst Own55.75% Short Float5.05% Perf Quarter-5.26%
Sales739.20M P/S1.45 EPS this Y-8.71% Inst Trans6.11% Short Ratio11.17 Perf Half Y-7.42%
Book/sh25.94 P/B1.19 EPS next Y7.46% ROA3.20% Target Price34.00 Perf Year1.48%
Cash/sh1.56 P/C19.80 EPS next 5Y7.50% ROE7.72% 52W Range22.38 - 35.29 Perf YTD-5.69%
Dividend1.76 P/FCF- EPS past 5Y21.80% ROI3.45% 52W High-12.67% Beta0.70
Dividend %5.71% Quick Ratio1.11 Sales past 5Y3.96% Gross Margin- 52W Low37.73% ATR0.52
Employees1449 Current Ratio1.50 Sales Q/Q-11.35% Oper. Margin14.89% RSI (14)36.75 Volatility1.21% 1.75%
OptionableYes Debt/Eq0.71 EPS Q/Q-42.31% Profit Margin8.89% Rel Volume0.99 Prev Close30.76
ShortableYes LT Debt/Eq0.69 EarningsFeb 12 BMO Payout89.64% Avg Volume157.37K Price30.82
Recom2.70 SMA20-1.87% SMA50-5.73% SMA200-0.58% Volume155,889 Change0.20%
10-Dec-07Reiterated Ferris Baker Watts Buy $56 → $55
22-Oct-07Initiated Davenport Neutral
28-Sep-07Initiated Ferris Baker Watts Buy $56
31-Jul-07Upgrade DA Davidson Neutral → Buy $53 → $51
08-Feb-10 12:26PM  Allete says CEO to retire April 30 AP
11:43AM  InPlay: Allete CEO Don Shippar announces retirement; Alan Hodnik named successor Briefing.com
11:42AM  ALLETE CEO Don Shippar Announces Retirement; Alan R. Hodnik Named Successor Business Wire
28-Jan-10 09:47PM  [$$] Kodak Shoots Higher; National Penn Slides at The Wall Street Journal Online
25-Jan-10 04:03PM  ALLETE INC Files SEC form 8-K, Change in Directors or Principal Officers EDGAR Online
21-Jan-10 09:00AM  ALLETE Board of Directors Declares Dividend on Common Stock Business Wire
20-Jan-10 09:00AM  ALLETE to Announce 2009 Financial Results on February 12 Business Wire
07-Jan-10 04:40PM  ALLETE INC Files SEC form 8-K, Regulation FD Disclosure, Other Events, Financial Statements and Exhibits EDGAR Online
05-Jan-10 11:09AM  Minnesota Power buys power line from ND co-op AP
04-Jan-10 05:15PM  ALLETE INC Files SEC form 8-K, Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet EDGAR Online
09:00AM  Minnesota Power Reaches Milestone in Renewable Energy Efforts with Purchase of Interstate Transmission Line Business Wire
29-Dec-09 05:29PM  Xcel Energy Reaffirms '10 Forecast at Barrons.com
24-Dec-09 05:11AM  Zacks #5 Rank Additions for Thursday Zacks.com
21-Dec-09 06:56PM  [$$] Acquisitions Boost Chattem, TreeHouse at The Wall Street Journal Online
11:09AM  Bearish MACD for Allete Zacks.com
16-Dec-09 09:57PM  [$$] Rise in Commodities Drives Small-Caps Higher at The Wall Street Journal Online
01:11PM  ALLETE INC Files SEC form 8-K, Other Events EDGAR Online
09-Dec-09 05:19PM  ALLETE INC Files SEC form 8-K, Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet EDGAR Online
03-Dec-09 05:10PM  ALLETE INC Files SEC form 8-K, Other Events EDGAR Online
04:41PM  Better Buy: Central Vermont Public Services or American Electric Power Company? at Motley Fool
06-Nov-09 11:16AM  Bearish MACD for Allete Zacks.com
09:04AM  ALLETE INC Financials EDGAR Online Financials
04-Nov-09 05:19AM  Zacks #5 Rank Additions for Wednesday Zacks.com
03-Nov-09 08:07AM  ALLETE INC Files SEC form 10-Q, Quarterly Report EDGAR Online
02-Nov-09 05:12PM  ALLETE INC Files SEC form 8-K, Other Events EDGAR Online
12:12PM  Minnesota Power Requests Rate Increase to Support Infrastructure and Environmental Improvements Business Wire
30-Oct-09 06:33PM  Earnings roundup: UIL Holdings, Arch Coal AP
04:13PM  Allete lowers guidance due to weak unit AP
04:10PM  Allete 3Q profit falls 35 percent AP
02:20PM  ALLETE Inc. Q3 2009 Financial Results Conference Call at Seeking Alpha
08:30AM  ALLETE Reports Third Quarter 2009 Earnings Business Wire
08:01AM  ALLETE INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits EDGAR Online
07:07AM  Q3 2009 Allete Earnings Release - Before Market Open CCBN
27-Oct-09 04:05PM  Allete nabs $1.5M smart-grid grant at bizjournals.com
22-Oct-09 10:00AM  ALLETE Board of Directors Elects Former Westar Energy CEO Business Wire
08:30AM  ALLETE Board of Directors Declares Dividend on Common Stock Business Wire
15-Oct-09 09:00AM  ALLETE's Third Quarter Earnings Release and Conference Call October 30 Business Wire
07-Oct-09 07:29PM  Lightning Round: Alcoa, Palm, Johnson Controls and More at CNBC
29-Sep-09 01:17PM  ND regulators approve New Salem wind project AP
23-Sep-09 10:50AM  Xcel Energy CEO Interview: Richard Kelly Wall Street Transcript
22-Sep-09 02:17PM  Xcel Energy CEO Interview: Richard Kelley Wall Street Transcript
01:48PM  U.S. Geothermal, Inc. CEO Interview: Daniel Kunz Wall Street Transcript
26-Aug-09 01:27PM  Utility plans ND power line to serve wind farm AP
05-Aug-09 01:49PM  US utilities post Q2 profits; cautious about recovery at Reuters
09:00AM  Minnesota Power to File Rate Case Supporting Greater Reliability, Improved Environmental Performance and New Renewable Projects Business Wire
08:30AM  ALLETE Reports Second Quarter Earnings Business Wire
08:04AM  ALLETE INC Files SEC form 10-Q, Quarterly Report EDGAR Online
27-Jul-09 04:16PM  ALLETE INC Files SEC form 8-K, Change in Directors or Principal Officers EDGAR Online
22-Jul-09 09:22AM  Kathryn W. Dindo Named to ALLETE Board of Directors Business Wire
08:30AM  ALLETE Board of Directors Declares Dividend on Common Stock Business Wire
15-Jul-09 05:30PM  ALLETE INC Files SEC form 8-K, Other Events EDGAR Online
09-Jul-09 09:00AM  ALLETE's Second Quarter Earnings Release and Conference Call August 5 Business Wire
15-Jun-09 10:50AM  [$$] Prairieland Prophet at Barron's Online
13-Jun-09 12:13AM  [$$] Hoku Scientific Sheds 30%; UIL, Allete Each Add 3.3% at The Wall Street Journal Online
16-May-09 11:05AM  Allete names new director at bizjournals.com
15-May-09 11:40AM  ALLETE Shareholders Elect Len Rodman to Board of Directors Business Wire
14-May-09 05:09PM  ALLETE INC Files SEC form 8-K/A, Change in Directors or Principal Officers EDGAR Online
13-May-09 12:34PM  ALLETE INC Files SEC form 8-K, Change in Directors or Principal Officers EDGAR Online
12-May-09 11:30AM  Alan Hodnik Named President of ALLETE Business Wire
08-May-09 08:56AM  PowerRatings Weekly Outlook: ALE, VRX, ANH, AIV, PDCO, PFE, ACE TradingMarkets.com
04-May-09 03:06PM  Monday PowerRatings Upgrades: ALE, VRX, ANH TradingMarkets.com
12:40PM  Monday PowerRatings Upgrades: ALE, VRX, ANH TradingMarkets.com
03-May-09 09:19AM  New Star Analyst Rankings for ALLETE INC. StarMine
01-May-09 11:05AM  Alletes Q1 earnings down 33% at bizjournals.com
11:05AM  Alletes Q1 earnings down 33% at bizjournals.com
08:30AM  ALLETE Reports First Quarter Earnings Business Wire
08:04AM  ALLETE INC Files SEC form 10-Q, Quarterly Report EDGAR Online
07:07AM  Q1 2009 Allete Earnings Release - Before Market Open CCBN
23-Apr-09 08:30AM  ALLETE Board of Directors Declares Dividend on Common Stock Business Wire
21-Apr-09 11:06AM  Minnesota Power's Wind Initiative is Moving Forward Business Wire
14-Apr-09 12:24PM  ALLETE to Announce First Quarter Financial Results May 1 Business Wire
07-Apr-09 02:10PM  ALLETE INC Files SEC form 8-K, Other Events EDGAR Online
12:15PM  Minnesota Power Estimates $21 Million Rate Increase Following MPUC Vote Business Wire
05-Mar-09 07:58AM  ALLETE INC Files SEC form 8-K, Other Events EDGAR Online -6.29%
03-Mar-09 08:44AM  Lessons from Benjamin Graham, Part 1 at Seeking Alpha -5.94%
17-Feb-09 07:56AM  ALLETE INC Files SEC form 8-K, Other Events EDGAR Online
13-Feb-09 01:54PM  ALLETE, Inc. F4Q08 Earnings Call Transcript at Seeking Alpha
10:00AM  Conference Call Announcing Fourth Quarter 2008 Financial Results scheduled for 10:00 am ET today Shareholder.com
08:30AM  ALLETE, Inc. Reports 2008 Earnings of $2.82 Per Share Business Wire
08:06AM  ALLETE INC Files SEC form 10-K, Annual Report EDGAR Online
07:07AM  Q4 2008 Allete Earnings Release - Before Market Open CCBN
12-Feb-09 02:52PM  UPDATE - Delphi Financial sees strong 2009 profit, shares up at Reuters
09-Feb-09 12:41AM  How to Go Green in Hard Times at The Wall Street Journal Online
22-Jan-09 08:30AM  ALLETE Board of Directors Raises Common Stock Dividend Business Wire
19-Jan-09 04:36PM  ALLETE to Announce 2008 Financial Results on February 13 Business Wire
09-Jan-09 10:25AM  List of power plants with coal ash ponds AP
29-Dec-08 10:31AM  5-Star Stocks Poised to Pop: Otter Tail at Motley Fool
12-Dec-08 04:46PM  TSC Ratings' Updates: Cadence at TheStreet.com
06-Dec-08 10:05AM  Allete cuts 2009 guidance at bizjournals.com
05-Dec-08 02:14PM  Outlook roundup: Hartford Financial, Allete AP
12:58PM  Allete 2009 forecast misses Wall St estimates AP
08:30AM  ALLETE, Inc. Expects 2009 Earnings to Range from $2.10 to $2.35 Per Share Business Wire
08:12AM  ALLETE INC Files SEC form 8-K, Other Events EDGAR Online
12-Nov-08 09:44AM  ALLETE INC Files SEC form 8-K, Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet EDGAR Online
03-Nov-08 11:35AM  Monday's PowerRating Upgrades: ALE, PSYS, XRX TradingMarkets.com
31-Oct-08 06:38PM  Earnings roundup: Chart Industries, OneBeacon AP -6.42%
03:48PM  Allete 3Q profit rises on rate increase AP
03:11PM  Allete Incorporated Q3 2008 Earnings Call Transcript at Seeking Alpha
10:00AM  Conference Call Announcing Third Quarter 2008 Financial Results scheduled for 10:00 am ET today Shareholder.com
08:30AM  ALLETE Reports Third Quarter Results; Reaffirms 2008 Earnings Guidance Business Wire
ALLETE, Inc., together with its subsidiaries, engages in the generation, transmission, and distribution of electric power in the United States. The company operates in two segments, Regulated Operations and Investments and Other. The Regulated Operations segment engages in the retail and wholesale of rate-regulated electric, natural gas, and water services in northeastern Minnesota and northwestern Wisconsin. As of December 31, 2008, this segment provided regulated utility electric services to 142000 retail customers and wholesale electric services to 16 municipalities in northeastern Minnesota; and regulated utility electric, natural gas, and water services to 15000 electric customers, 12000 natural gas customers, and 10000 water customers in northwestern Wisconsin. The Investments and Other segment engages in the coal mining business in North Dakota; and real estate business in Florida. Its developmental projects primarily include Town Center and Palm Coast Park located in the city of Palm Coast. This segment also holds 7,000 acres of land in Minnesota. ALLETE primarily serves the taconite, paper, pulp, wood products, and pipeline industries. The company was founded in 1906 and is headquartered in Duluth, Minnesota.
Insider Trading Relationship Date Transaction Cost #Shares Value ($) #Shares Total SEC Form 4
Hodnik Alan RPresidentNov 30Buy33.002006,6005,887Dec 07 05:31 PM
HAINES JAMES S JRDirectorNov 09Buy33.331,50049,9953,315Nov 10 12:55 PM
Hodnik Alan RPresidentJun 12Buy28.0240011,2105,510Jun 15 11:25 AM
EMERY SIDNEY W JRDirectorFeb 20Buy27.5075020,6254,850Feb 23 03:36 PM