Previous close | 60.84 |
Open | 62.00 |
Bid | 63.88 x 800 |
Ask | 64.31 x 800 |
Day's range | 61.85 - 65.86 |
52-week range | 49.29 - 65.86 |
Volume | |
Avg. volume | 276,286 |
Market cap | 3.706B |
Beta (5Y monthly) | 0.75 |
PE ratio (TTM) | 14.95 |
EPS (TTM) | 4.30 |
Earnings date | 09 May 2024 |
Forward dividend & yield | 2.82 (4.39%) |
Ex-dividend date | 14 May 2024 |
1y target est | 60.37 |
DULUTH, Minn., May 03, 2024--Minnesota Power, a utility division of ALLETE Inc. (NYSE: ALE), has reached a settlement agreement on its 2024 electric rate proposal with the Minnesota Department of Commerce, Minnesota Attorney General’s Office and Large Power Intervenors.
** Sony Pictures Entertainment and private equity firm Apollo Global Management on Wednesday submitted a $26 billion offer for Paramount Global but have yet to receive a response as of Friday, according to a person familiar with the matter. ** L Catterton, a private equity firm backed by French luxury group LVMH , said on Friday it had succeeded in securing enough shares in luxury shoe maker Tod's to take it private in agreement with the Italian group's main shareholder, the Della Valle family.
Key Insights The projected fair value for ALLETE is US$60.50 based on Dividend Discount Model ALLETE's US$60.34 share...