Allete, Inc. (NYSE:ALE) reported earnings of $0.72 per share beating Walls Streets expectations.

ME Staff
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Allete, Inc. (NYSE:ALE) reported Q2 2017 earnings this Morning, coming in at $0.72 per share, beating Wall Street’s estimates of $0.55 per Share. Revenue for the quarter came in at $353.30 million beating analyst estimates of $342.50 million

Analyst Coverage For Allete, Inc. (NYSE:ALE)
These are 2 Hold Ratings, 3 Buy Ratings .
The current consensus rating for Allete, Inc. (NYSE:ALE) is Buy (Score: 2.60) with a consensus target price of $73.50 , a potential (0.69% downside)

Recent Insider Trading for Allete, Inc. (NYSE:ALE)

  • On 5/9/2017 Steven Q. Devinck, Insider, sold 2,000 with an average share price of $69.67 per share and the total transaction amounting to $139,340.00.
  • On 5/6/2016 Steven Wayne Morris, Insider, sold 392 with an average share price of $56.15 per share and the total transaction amounting to $22,010.80.
  • On 3/9/2016 Deborah A Amberg, VP, sold 14,722 with an average share price of $55.90 per share and the total transaction amounting to $822,959.80.
  • On 2/1/2016 Madeleine W. Ludlow, Director, sold 200 with an average share price of $52.62 per share and the total transaction amounting to $10,524.00.
  • On 1/1/2016 Madeleine W Ludlow, Director, sold 200 with an average share price of $50.08 per share and the total transaction amounting to $10,016.00.
  • On 8/17/2015 David J Mcmillan, SVP, sold 4,019 with an average share price of $52.00 per share and the total transaction amounting to $208,988.00.



Dividend History for Allete, Inc. (NYSE:ALE)

  • On 7/27/2017 announced a quarterly dividend of $0.54 2.95% with an ex dividend date of 8/11/2017 which will be payable on 8/15/2017.
  • On 4/26/2017 announced a quarterly dividend of $0.54 3.01% with an ex dividend date of 5/11/2017 which will be payable on 5/15/2017.
  • On 1/25/2017 announced a quarterly dividend of $0.54 3.33% with an ex dividend date of 2/13/2017 which will be payable on 2/15/2017.
  • On 10/28/2016 announced a quarterly dividend of $0.52 3.39% with an ex dividend date of 11/10/2016 which will be payable on 11/15/2016.
  • On 7/28/2016 announced a quarterly dividend of $0.52 3.26% with an ex dividend date of 8/11/2016 which will be payable on 8/15/2016.
  • On 4/21/2016 announced a quarterly dividend of $0.52 3.82% with an ex dividend date of 5/12/2016 which will be payable on 5/16/2016.
  • On 1/22/2016 announced a quarterly dividend of $0.52 4.04% with an ex dividend date of 2/11/2016 which will be payable on 2/16/2016.



Recent Trading for Allete, Inc. (NYSE:ALE)
Shares of Allete, Inc. closed the previous trading session at 73.94 down -0.03 -0.04% with 359,509 shares trading hands.