C
ALLETE, Inc. ALE
$63.01 -$1.26-1.96%
Recommendation
Prev Close
Volume
Avg Vol (90D)
Market Cap
Dividend & Yield
52-Week Range
P/E (TTM)
EPS (TTM)
C
Hold 8/15/2023Downgrade
ALLETE, Inc. (ALE) was downgraded to C from C+ on 8/15/2023 due to a decline in the growth index, volatility index and total return index. Earnings per share declined from $1.0157 to $0.8988, and total revenue declined 5.58% from $564.9M to $533.4M.
C
Hold 7/6/2023Downgrade
ALLETE, Inc. (ALE) was downgraded to C+ from B- on 7/6/2023 due to a decline in the volatility index, solvency index and total return index.
B
Buy 6/21/2023Upgraded
ALLETE, Inc. (ALE) was upgraded to B- from C+ on 6/21/2023 due to a noticeable increase in the growth index, total return index and volatility index. EBIT increased 40.11% from $35.9M to $50.3M, total revenue increased 32.67% from $425.8M to $564.9M, and earnings per share increased from $0.8985 to $1.0157.
C
Hold 4/20/2023Upgraded
ALLETE, Inc. (ALE) was upgraded to C+ from C on 4/20/2023 due to an increase in the volatility index and solvency index.
C
Hold 3/13/2023Downgrade
ALLETE, Inc. (ALE) was downgraded to C from C+ on 3/13/2023 due to a decline in the total return index, valuation index and solvency index.
C
Hold 1/20/2023Upgraded
ALLETE, Inc. (ALE) was upgraded to C+ from C on 1/20/2023 due to an increase in the volatility index, total return index and valuation index.
C
Hold 5/20/2022Upgraded
ALLETE, Inc. (ALE) was upgraded to C from C- on 5/20/2022 due to an increase in the total return index, dividend index and growth index.
C
Hold 5/5/2022Downgrade
ALLETE, Inc. (ALE) was downgraded to C- from C on 5/5/2022 due to a noticeable decline in the total return index, dividend index and solvency index.
C
Hold 11/8/2021Upgraded
ALLETE, Inc. (ALE) was upgraded to C from C- on 11/8/2021 due to a noticeable increase in the growth index and solvency index. Operating cash flow increased 501.74% from $17.2M to $103.5M, EBIT increased 9.09% from $30.8M to $33.6M, and total revenue increased 2.92% from $335.6M to $345.4M.
C
Hold 11/3/2021Upgraded
ALLETE, Inc. (ALE) was upgraded to C- from D+ on 11/3/2021 due to an increase in the dividend index, total return index and volatility index.
D
Sell 10/11/2021Downgrade
ALLETE, Inc. (ALE) was downgraded to D+ from C- on 10/11/2021 due to a decline in the volatility index, total return index and solvency index.
C
Hold 8/5/2021Downgrade
ALLETE, Inc. (ALE) was downgraded to C- from C on 8/5/2021 due to a substantial decline in the growth index, dividend index and valuation index. Operating cash flow declined 80.56% from $88.5M to $17.2M, earnings per share declined from $0.99 to $0.53, and EBIT declined 35.76% from $43.9M to $28.2M.
C
Hold 12/28/2020Upgraded
ALLETE, Inc. (ALE) was upgraded to C from C- on 12/28/2020 due to an increase in the volatility index, total return index and solvency index.
C
Hold 11/16/2020Upgraded
ALLETE, Inc. (ALE) was upgraded to C- from D+ on 11/16/2020 due to a significant increase in the growth index, valuation index and volatility index. EBIT increased 176.07% from $16.3M to $45M, earnings per share increased from $0.388 to $0.78, and operating cash flow increased 78.46% from $55.7M to $99.4M.
D
Sell 8/21/2020Upgraded
ALLETE, Inc. (ALE) was upgraded to D+ from D on 8/21/2020 due to an increase in the dividend index, valuation index and growth index.
D
Sell 8/6/2020Downgrade
ALLETE, Inc. (ALE) was downgraded to D from C- on 8/6/2020 due to a significant decline in the growth index, dividend index and solvency index. EBIT declined 79.78% from $62.8M to $12.7M, earnings per share declined from $1.28 to $0.388, and the quick ratio declined from 0.27 to 0.15.
C
Hold 5/8/2020Downgrade
ALLETE, Inc. (ALE) was downgraded to C- from C on 5/8/2020 due to a large decline in the total return index, volatility index and solvency index. The quick ratio declined from 0.33 to 0.27, and debt to equity increased from 0.73 to 0.76.
C
Hold 3/12/2020Downgrade
ALLETE, Inc. (ALE) was downgraded to C from C+ on 3/12/2020 due to a noticeable decline in the volatility index, solvency index and total return index.
C
Hold 2/20/2020Downgrade
ALLETE, Inc. (ALE) was downgraded to C+ from B- on 2/20/2020 due to a major decline in the growth index, volatility index and valuation index. Operating cash flow declined 9.98% from $81.2M to $73.1M.
B
Buy 2/6/2020Downgrade
ALLETE, Inc. (ALE) was downgraded to B- from B on 2/6/2020 due to a large decline in the total return index, volatility index and growth index. Earnings per share declined from $0.66 to $0.6, and total revenue declined 0.72% from $290.4M to $288.3M.
B
Buy 3/15/2019Downgrade
ALLETE, Inc. (ALE) was downgraded to B from B+ on 3/15/2019 due to a decline in the volatility index, valuation index and total return index.
B
Buy 2/15/2019Upgraded
ALLETE, Inc. (ALE) was upgraded to B+ from B on 2/15/2019 due to a substantial increase in the growth index, volatility index and total return index. Earnings per share increased from $0.59 to $1.1854, EBIT increased 45.59% from $45.4M to $66.1M, and operating cash flow increased 30.18% from $103.7M to $135M.
B
Buy 8/3/2018Downgrade
ALLETE, Inc. (ALE) was downgraded to B from B+ on 8/3/2018 due to a significant decline in the growth index, valuation index and total return index. Operating cash flow declined 39.74% from $121.3M to $73.1M, earnings per share declined from $0.99 to $0.61, and EBIT declined 36.41% from $57.4M to $36.5M.
B
Buy 7/2/2018Upgraded
ALLETE, Inc. (ALE) was upgraded to B+ from B on 7/2/2018 due to a noticeable increase in the growth index, total return index and solvency index. EBIT increased 76.62% from $32.5M to $57.4M, operating cash flow increased 26.75% from $95.7M to $121.3M, and earnings per share increased from $0.8102 to $0.99.
B
Buy 2/16/2018Downgrade
ALLETE, Inc. (ALE) was downgraded to B from B+ on 2/16/2018 due to a major decline in the growth index, valuation index and volatility index. EBIT declined 51.88% from $69M to $33.2M, operating cash flow declined 22.07% from $122.8M to $95.7M, and earnings per share declined from $0.88 to $0.8102.
B
Buy 2/12/2018Upgraded
ALLETE, Inc. (ALE) was upgraded to B+ from B on 2/12/2018 due to an increase in the volatility index, valuation index and dividend index.
B
Buy 1/16/2018Downgrade
ALLETE, Inc. (ALE) was downgraded to B from B+ on 1/16/2018 due to a decline in the volatility index, total return index and solvency index.
B
Buy 12/22/2017Downgrade
ALLETE, Inc. (ALE) was downgraded to B+ from A on 12/22/2017 due to a major decline in the total return index, volatility index and solvency index.
A
Buy 12/14/2017Upgraded
ALLETE, Inc. (ALE) was upgraded to A from B+ on 12/14/2017 due to a noticeable increase in the volatility index and solvency index.
B
Buy 11/17/2017Downgrade
ALLETE, Inc. (ALE) was downgraded to B+ from A+ on 11/17/2017 due to a noticeable decline in the volatility index, total return index and solvency index.
A
Buy 11/3/2017Upgraded
ALLETE, Inc. (ALE) was upgraded to A+ from A on 11/3/2017 due to an increase in the volatility index and valuation index.
A
Buy 11/2/2017Upgraded
ALLETE, Inc. (ALE) was upgraded to A from A- on 11/2/2017 due to a major increase in the growth index, total return index and volatility index. Operating cash flow increased 43.29% from $85.7M to $122.8M, EBIT increased 25.45% from $55M to $69M, and earnings per share increased from $0.72 to $0.88.
A
Buy 10/10/2017Upgraded
ALLETE, Inc. (ALE) was upgraded to A- from B+ on 10/10/2017 due to an increase in the volatility index.
B
Buy 9/20/2017Downgrade
ALLETE, Inc. (ALE) was downgraded to B+ from A- on 9/20/2017 due to a decline in the total return index, volatility index and valuation index.
A
Buy 9/1/2017Upgraded
ALLETE, Inc. (ALE) was upgraded to A- from B+ on 9/1/2017 due to an increase in the dividend index, total return index and solvency index.
B
Buy 8/22/2017Upgraded
ALLETE, Inc. (ALE) was upgraded to B+ from B on 8/22/2017 due to an increase in the total return index, volatility index and solvency index.
B
Buy 8/3/2017Downgrade
ALLETE, Inc. (ALE) was downgraded to B from A- on 8/3/2017 due to a noticeable decline in the growth index, dividend index and total return index. Earnings per share declined from $0.97 to $0.72, EBIT declined 24.24% from $72.6M to $55M, and operating cash flow declined 13.17% from $98.7M to $85.7M.
A
Buy 8/1/2017Downgrade
ALLETE, Inc. (ALE) was downgraded to A- from A on 8/1/2017 due to a decline in the volatility index, valuation index and dividend index.
A
Buy 5/26/2017Upgraded
ALLETE, Inc. (ALE) was upgraded to A from A- on 5/26/2017 due to an increase in the growth index, volatility index and total return index. EBIT increased 42.91% from $50.8M to $72.6M, earnings per share increased from $0.8909 to $0.97, and total revenue increased 7.06% from $341.5M to $365.6M.
A
Buy 4/21/2017Upgraded
ALLETE, Inc. (ALE) was upgraded to A- from B+ on 4/21/2017 due to an increase in the total return index, volatility index and solvency index.
B
Buy 4/6/2017Upgraded
ALLETE, Inc. (ALE) was upgraded to B+ from B on 4/6/2017 due to a noticeable increase in the growth index, volatility index and efficiency index. Earnings per share increased from $0.81 to $0.8909, net income increased 9.93% from $40.3M to $44.3M, and operating cash flow increased 2.84% from $91.6M to $94.2M.
B
Buy 8/4/2016Downgrade
ALLETE, Inc. (ALE) was downgraded to B from B+ on 8/4/2016 due to a substantial decline in the growth index and volatility index. Earnings per share declined from $0.93 to $0.5, operating cash flow declined 43.13% from $93.2M to $53M, and EBIT declined 36.83% from $66.8M to $42.2M.
B
Buy 7/25/2016Downgrade
ALLETE, Inc. (ALE) was downgraded to B+ from A- on 7/25/2016 due to a decline in the valuation index, volatility index and dividend index.
A
Buy 5/11/2016Upgraded
ALLETE, Inc. (ALE) was upgraded to A- from B+ on 5/11/2016 due to an increase in the total return index and volatility index.
B
Buy 5/9/2016Upgraded
ALLETE, Inc. (ALE) was upgraded to B+ from B on 5/9/2016 due to a large increase in the total return index, solvency index and volatility index. The quick ratio increased from 0.79 to 0.99, and debt to equity declined from 0.88 to 0.85.
B
Buy 2/17/2016Downgrade
ALLETE, Inc. (ALE) was downgraded to B from B+ on 2/17/2016 due to a decline in the volatility index, valuation index and dividend index.
B
Buy 2/1/2016Upgraded
ALLETE, Inc. (ALE) was upgraded to B+ from B on 2/1/2016 due to a large increase in the volatility index.
B
Buy 11/4/2015Upgraded
ALLETE, Inc. (ALE) was upgraded to B from B- on 11/4/2015 due to a noticeable increase in the growth index, total return index and valuation index. Earnings per share increased from $0.46 to $1.23, EBIT increased 102.38% from $42.1M to $85.2M, and total revenue increased 43.06% from $323.3M to $462.5M.
B
Buy 10/26/2015Downgrade
ALLETE, Inc. (ALE) was downgraded to B- from B on 10/26/2015 due to a decline in the valuation index.
B
Buy 10/9/2015Upgraded
ALLETE, Inc. (ALE) was upgraded to B from B- on 10/9/2015 due to an increase in the total return index and efficiency index. Total capital increased 0.68% from $3.15B to $3.17B.
B
Buy 7/13/2015Downgrade
ALLETE, Inc. (ALE) was downgraded to B- from B on 7/13/2015 due to a noticeable decline in the total return index and volatility index.
B
Buy 5/26/2015Downgrade
ALLETE, Inc. (ALE) was downgraded to B from A- on 5/26/2015 due to a decline in the volatility index, total return index and solvency index.
A
Buy 5/8/2015Upgraded
ALLETE, Inc. (ALE) was upgraded to A- from B on 5/8/2015 due to a major increase in the growth index, valuation index and dividend index. Operating cash flow increased 24.44% from $57.7M to $71.8M, EBIT increased 16.89% from $51.5M to $60.2M, and earnings per share increased from $0.7279 to $0.85.
B
Buy 5/6/2015Downgrade
ALLETE, Inc. (ALE) was downgraded to B from B+ on 5/6/2015 due to a decline in the volatility index and total return index.
B
Buy 3/23/2015Upgraded
ALLETE, Inc. (ALE) was upgraded to B+ from B on 3/23/2015 due to an increase in the volatility index, valuation index and dividend index.
B
Buy 3/6/2015Downgrade
ALLETE, Inc. (ALE) was downgraded to B from B+ on 3/6/2015 due to a decline in the total return index and volatility index.
B
Buy 2/18/2015Downgrade
ALLETE, Inc. (ALE) was downgraded to B+ from A- on 2/18/2015 due to a major decline in the growth index, solvency index and valuation index. Operating cash flow declined 32.91% from $86M to $57.7M, the quick ratio declined from 0.81 to 0.6, and earnings per share declined from $0.9697 to $0.7263.
A
Buy 2/17/2015Downgrade
ALLETE, Inc. (ALE) was downgraded to A- from A on 2/17/2015 due to a decline in the volatility index, total return index and solvency index.
A
Buy 2/2/2015Upgraded
ALLETE, Inc. (ALE) was upgraded to A from A- on 2/2/2015 due to an increase in the volatility index, total return index and solvency index.
A
Buy 1/14/2015Upgraded
ALLETE, Inc. (ALE) was upgraded to A- from B+ on 1/14/2015 due to an increase in the volatility index, total return index and valuation index.
B
Buy 1/8/2015Upgraded
ALLETE, Inc. (ALE) was upgraded to B+ from B on 1/8/2015 due to a significant increase in the growth index, total return index and volatility index. Earnings per share increased from $0.399 to $0.9697, EBIT increased 115.6% from $28.2M to $60.8M, and operating cash flow increased 67.97% from $51.2M to $86M.
B
Buy 10/28/2014Upgraded
ALLETE, Inc. (ALE) was upgraded to B from B- on 10/28/2014 due to an increase in the volatility index.
B
Buy 9/12/2014Downgrade
ALLETE, Inc. (ALE) was downgraded to B- from B on 9/12/2014 due to a large decline in the volatility index, total return index and growth index. Earnings per share declined from $0.8 to $0.399, EBIT declined 41.61% from $48.3M to $28.2M, and operating cash flow declined 31.64% from $74.9M to $51.2M.
B
Buy 5/29/2014Downgrade
ALLETE, Inc. (ALE) was downgraded to B from B+ on 5/29/2014 due to a decline in the growth index, volatility index and total return index. Earnings per share declined from $0.8128 to $0.8.
B
Buy 5/6/2014Downgrade
ALLETE, Inc. (ALE) was downgraded to B+ from A- on 5/6/2014 due to a decline in the volatility index and total return index.
A
Buy 4/21/2014Upgraded
ALLETE, Inc. (ALE) was upgraded to A- from B+ on 4/21/2014 due to a noticeable increase in the volatility index and total return index.
B
Buy 3/17/2014Upgraded
ALLETE, Inc. (ALE) was upgraded to B+ from B on 3/17/2014 due to an increase in the volatility index, total return index and growth index.
Weiss Ratings