ALE Stock Summary and Trading Ideas (Allete | NYSE:ALE)

ALLETE Inc provides competitively-priced energy in America's Upper Midwest region and invests in transmission infrastructure and other energy-centric businesses. The company has two reportable segments. The first segment is Regulated Operations, which includes the company's regulated utilities, Minnesota Power and SWL&P, as well as its investment in ATC. ATC is a regulated utility based in Wisconsin that owns and maintains electric transmission assets in parts of Wisconsin, Michigan, Minnesota, and Illinois. The second segment is ALLETE Clean Energy, which focuses on developing, acquiring, and operating clean and renewable energy projects.

Allete trades on the NYSE stock market under the symbol ALE.

As of December 22, 2025, ALE stock price was flat at $67.90 with million shares trading.

ALE has a beta of 0.05, meaning it tends to be less sensitive to market movements. ALE has a correlation of 0.02 to the broad based SPY ETF.

ALE has a market cap of $3.94 billion. This is considered a Mid Cap stock.

In the last 3 years, ALE traded as high as $67.99 and as low as $49.29.

The top ETF exchange traded funds that ALE belongs to (by Net Assets): VTI, VB, VBR, VXF, VPU.

ALE has underperformed the market in the last year with a return of +8.7%, while SPY returned +17.1%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in ALE shares. However, ALE has outperformed the market in the last 3 month and 2 week periods, returning +6.2% and +0.6%, while SPY returned +3.0% and +0.5%, respectively. This indicates ALE has been having a stronger performance recently.

ALE support price is $67.81 and resistance is $67.99 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ALE shares will trade within this expected range on the day.