ALE Market Cap History Table | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Also see: ALE Shares Outstanding History and ALE YTD Return |
ALE Market Cap History Table | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Also see: ALE Shares Outstanding History and ALE YTD Return |
ALE Market Cap History Chart | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
+8.58% CAGR ![]() Mouse over chart for data details
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ALE Stock Price Chart |
About Allete Inc |
ALLETE, Inc. is a clean-energy transformation company that owns, operates and developing wind energy generation to reduce carbon footprint. Co.'s segments include Regulated Operations and ALLETE Clean Energy. Regulated Operations includes regulated utilities, Minnesota Power, and SWL&P, as well as investment in ATC, a Wisconsin-based regulated utility that owns and maintains electric transmission assets in portions of Wisconsin, Michigan, Minnesota, and Illinois. Minnesota Power provides regulated utility electric service in northeastern Minnesota to approximately 150,000 retail customers. We show 56 historical shares outstanding datapoints in our ALE shares outstanding history coverage, used to compute ALE market cap on those dates. Understanding the changing numbers of shares outstanding, the changing share price, and the resulting changing ALE market cap history over the course of time is important for investors interested in comparing ALE's market cap history versus its peers. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies, and then calculating their respective market caps. Comparing the share price of ALE versus a peer is one thing; comparing ALE market cap versus a peer is a completely different story. Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares), the market cap for a company like ALE can fluctuate over the course of history. With this page we aim to empower investors researching ALE by allowing them to research the ALE market cap history. |
ALE Current Stock Quote |
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Video: The Importance of Market Cap | |
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ALE Share Performance |
Market Cap Peers |
Allete (ALE) is categorized under the Utilities sector; to help you further research historical market cap numbers, below are some other companies in the same sector:
ALTM Market Cap History |
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