NYSE:ALE

TransAlta Corporation TAC recently concluded its acquisition of TransAlta Renewables Inc. (“RNW”). RNW will now be a wholly owned subsidiary of TransAlta.

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itsel

In trading on Monday, shares of Allete Inc (Symbol: ALE) entered into oversold territory, changing hands as low as $50.66 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a sc

Pinnacle West Capital Corporation’s PNW ongoing capital investment will further enhance its infrastructure and help create a clean generation portfolio. PNW’s strong growth opportunities make it a solid investment option in the ut

Investors interested in stocks from the Utility - Electric Power sector have probably already heard of Allete (ALE) and NextEra Energy (NEE). But which of these two stocks is more attractive to value investors? We'll need to take

FirstEnergy Corporation’s FE growing regulated base and distribution and transmission lines are expected to boost earnings. The company’s ‘Energizing the Future’ project will add to its overall operational strength. FE’s strong gr

The majority of U.S. stock indices finished in the green on Sep 13, after August consumer price data reflected a moderate rise. This boosted investors’ expectations that the Federal Reserve might leave interest rates unchanged thi

TransAlta TAC is a renowned Canadian energy solutions and power producing company. It is well positioned to shift toward a low-carbon future owing to its focus on sustainable energy projects. Given its growth opportunities, TAC ma

Investors with an interest in Utility - Electric Power stocks have likely encountered both Allete (ALE) and Iberdrola S.A. (IBDRY). But which of these two stocks is more attractive to value investors? We'll need to take a closer l

Looking at the universe of stocks we cover at Dividend Channel, on 8/14/23, ARKO Corp (Symbol: ARKO), Otter Tail Corp. (Symbol: OTTR), and Allete Inc (Symbol: ALE) will all trade ex-dividend for their respective upcoming dividends. ARKO Corp will pay its quarterly dividend of

Allete (ALE) came out with quarterly earnings of $0.90 per share, beating the Zacks Consensus Estimate of $0.78 per share. This compares to earnings of $0.67 per share a year ago. These figures are adjusted for non-recurring items

(RTTNews) - ALLETE, Inc. (ALE) reported that its second-quarter net income to company increased to $51.5 million from $37.6 million, prior year. Earnings per share was $0.90 compared to $0.67. On average, six analysts polled by Thomson Reuters expected the company to report profi

Primo Water PRMW is scheduled to release second-quarter 2023 earnings on Aug 10, before market open.  The company delivered a negative earnings surprise of 18.18% in the last reported quarter. The stock boasts a four-quarter avera

Clearway Energy, Inc. CWEN is scheduled to release second-quarter 2023 results on Aug 8, before market open. The company delivered an earnings surprise of 100% in the last reported quarter.Let’s discuss the factors that are likely

Below is Validea's guru fundamental report for ALLETE INC (ALE). Of the 22 guru strategies we follow, ALE rates highest using our Shareholder Yield Investor model based on the published strategy of Meb Faber. This strategy looks for companies returning cash to shareholders via d

NRG Energy, Inc. NRG is scheduled to release second-quarter 2023 results on Aug 8, before market open. The company delivered a negative earnings surprise of 4.44% in the last reported quarter.Let’s discuss the factors that are lik

Alliant Energy (LNT) came out with quarterly earnings of $0.64 per share, beating the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $0.63 per share a year ago. These figures are adjusted for non-recurri

PPL Corporation PPL is scheduled to release second-quarter 2023 results on Aug 4, before market open. The company delivered an earnings surprise of 9.1% in the last reported quarter.Let’s discuss the factors that are likely to be

Global Partners LP GLP is set to release second-quarter results on Aug 4. The current Zacks Consensus Estimate for the to-be-reported quarter is a profit of $1.28 per unit on revenues of $4.1 billion.Let’s delve into the factors t

TransAlta Corporation TAC is scheduled to release second-quarter 2023 earnings on Aug 4, before market open. In the last reported quarter, the utility delivered an earnings surprise of 179.3%.Let’s see how things might have shaped

Dominion Energy Inc. D is scheduled to release second-quarter 2023 earnings on Aug 4, before market open. In the last reported quarter, the utility delivered an earnings surprise of 1.02%.Let’s see how things have shaped up before

Cheniere Energy, Inc. LNG is set to release second-quarter results on May 2. The current Zacks Consensus Estimate for the to-be-reported quarter is a profit of $5.77 per share on revenues of $6.6 billion.Let’s delve into the facto

Entergy (ETR) came out with quarterly earnings of $1.84 per share, beating the Zacks Consensus Estimate of $1.69 per share. This compares to earnings of $1.78 per share a year ago. These figures are adjusted for non-recurring item