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ALE / Allete Stock Compares Favorably To Bond ETFs IEF And ILTB

Allete Stock Compares Favorably To Bond ETFs IEF And ILTB
At current share price levels, Allete offers an attractive and safe dividend yield of 4.3%. Being primarily a regulated utility, Allete's profit margins are insulated to a considerable extent against the impact of cost inflation. Read More
Posted: Nov 16 2022, 16:10
Author Name: Seeking Alpha
Views: 112047

ALE News  

ALE or PNW: Which Is the Better Value Stock Right Now?

By Zacks Investment Research
October 19, 2023

ALE or PNW: Which Is the Better Value Stock Right Now?

Investors with an interest in Utility - Electric Power stocks have likely encountered both Allete (ALE) and Pinnacle West (PNW). But which of these tw more_horizontal

5 Low-Beta Utility Stocks to Buy Amid Ongoing Market Volatility

By Zacks Investment Research
October 17, 2023

5 Low-Beta Utility Stocks to Buy Amid Ongoing Market Volatility

Investing in defensive sectors such as ALLETE (ALE), PNM Resources (PNM), Consolidated Water Co (CWCO), California Water Service Group (CWT) and Vistr more_horizontal

Here's Why You Should Add ALLETE (ALE) to Your Portfolio Now

By Zacks Investment Research
October 12, 2023

Here's Why You Should Add ALLETE (ALE) to Your Portfolio Now

ALLETE (ALE) makes a strong case for investment, given its earnings growth prospects, strong ROE and ability to increase shareholders' value. more_horizontal

Consumer Confidence Plummets on Recession Fears: 5 Stocks to Buy

By Zacks Investment Research
September 28, 2023

Consumer Confidence Plummets on Recession Fears: 5 Stocks to Buy

Consumer confidence is declining on recession fears. Defensive stocks like ALLETE (ALE), Consolidated Water (CWCO), American Water Works Company (AWK) more_horizontal

ALE or IBDRY: Which Is the Better Value Stock Right Now?

By Zacks Investment Research
September 11, 2023

ALE or IBDRY: Which Is the Better Value Stock Right Now?

Investors with an interest in Utility - Electric Power stocks have likely encountered both Allete (ALE) and Iberdrola S.A. (IBDRY). But which of these more_horizontal

Here's Why You Should Add ALLETE (ALE) to Your Portfolio Now

By Zacks Investment Research
September 11, 2023

Here's Why You Should Add ALLETE (ALE) to Your Portfolio Now

ALLETE (ALE) makes a strong case for investment, given its positive growth estimates, stable financial position and focus on renewables. more_horizontal

Allete (ALE) Q2 Earnings and Revenues Top Estimates

By Zacks Investment Research
August 8, 2023

Allete (ALE) Q2 Earnings and Revenues Top Estimates

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 o more_horizontal

ALLETE's (ALE) Arm Minnesota Power Plans HVDC Upgrades

By Zacks Investment Research
June 5, 2023

ALLETE's (ALE) Arm Minnesota Power Plans HVDC Upgrades

ALLETE's (ALE) subsidiary, Minnesota Power, advances the high-voltage direct-current transmission system project to strengthen grid reliability and re more_horizontal


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