Alliant Energy (NASDAQ:LNT) Releases FY 2026 Earnings Guidance

Posted by Brian Himes on May 2nd, 2026

Alliant Energy (NASDAQ:LNT – Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 3.360-3.460 for the period, compared to the consensus estimate of 3.420. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Wall Street Zen cut Alliant Energy from a “sell” rating to a “strong sell” rating in a report on Saturday, April 25th. Mizuho lifted their price target on Alliant Energy from $73.00 to $74.00 and gave the stock a “neutral” rating in a report on Monday, March 16th. BMO Capital Markets reissued an “outperform” rating and set a $79.00 price target (up from $78.00) on shares of Alliant Energy in a report on Friday, April 17th. Wells Fargo & Company reissued an “overweight” rating and set a $76.00 price target on shares of Alliant Energy in a report on Tuesday, April 21st. Finally, Royal Bank Of Canada assumed coverage on Alliant Energy in a report on Wednesday, March 11th. They set an “outperform” rating and a $82.00 price target for the company. Nine research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $76.44.

Read Our Latest Stock Analysis on Alliant Energy

Alliant Energy Stock Performance

NASDAQ:LNT traded up $0.63 during mid-day trading on Friday, hitting $74.06. 4,344,324 shares of the stock were exchanged, compared to its average volume of 1,800,074. The company has a debt-to-equity ratio of 1.49, a quick ratio of 0.66 and a current ratio of 0.80. The stock has a market capitalization of $19.13 billion, a price-to-earnings ratio of 23.51, a price-to-earnings-growth ratio of 3.00 and a beta of 0.58. The firm’s 50-day simple moving average is $71.84 and its 200 day simple moving average is $68.69. Alliant Energy has a fifty-two week low of $58.97 and a fifty-two week high of $75.76.

Alliant Energy (NASDAQ:LNT – Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The company reported $0.82 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.82. The business had revenue of $1.18 billion during the quarter, compared to analysts’ expectations of $1.08 billion. Alliant Energy had a return on equity of 11.43% and a net margin of 18.58%.The firm’s revenue for the quarter was up 5.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.83 earnings per share. Alliant Energy has set its FY 2026 guidance at 3.360-3.460 EPS. As a group, equities analysts anticipate that Alliant Energy will post 3.42 EPS for the current fiscal year.

Alliant Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Thursday, April 30th will be paid a $0.535 dividend. This represents a $2.14 annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Thursday, April 30th. Alliant Energy’s payout ratio is 67.94%.

More Alliant Energy News

Here are the key news stories impacting Alliant Energy this week:

Positive Sentiment: Q1 revenue beat and top‑line growth — Alliant reported revenue of $1.18B, roughly 5% higher year‑over‑year and ahead of consensus, signaling underlying utility demand and rate base growth that supports the company’s outlook. Alliant Energy Q1 Earnings Match Estimates, Revenues Increase Y/Y
Positive Sentiment: Big capital plan supports future regulated growth — Management reiterated a ~$13.4B investment plan which should expand rate base and earnings visibility over the medium term, a positive for regulated utility multiples and long‑term EPS growth. Alliant Energy Q1 Earnings Match Estimates, Revenues Increase Y/Y
Neutral Sentiment: EPS met expectations — GAAP EPS of $0.82 matched consensus, so there were no upside surprises on profit. That keeps near‑term valuation moves tied more to guidance and rate case progress than to an EPS beat. Alliant Energy (LNT) Q1 Earnings Meet Estimates
Neutral Sentiment: FY‑2026 guidance reiterated and centered on consensus — Management set EPS guidance of $3.360–$3.460, which encompasses the Street consensus (~$3.42), so guidance neither materially surprises up nor down. Investors will watch rate case outcomes and capex execution for upside. View Press Release
Neutral Sentiment: Earnings call transcript available — The Q1 call contains management color on weather, load, regulatory timing and capex phasing; investors should review for updates on rate cases and timing of customer programs. Alliant Energy Corporation (LNT) Q1 2026 Earnings Call Transcript
Neutral Sentiment: Analyst sentiment is constructive — Brokerages show an average “Moderate Buy” rating, indicating modest upside but not unanimous enthusiasm. Alliant Energy Receives Average Recommendation of “Moderate Buy”
Negative Sentiment: EPS slightly down year‑over‑year — Q1 EPS of $0.82 compares with $0.83 a year ago, so near‑term margin pressure or timing items kept EPS flat despite higher revenue. Alliant Energy: Q1 Earnings Snapshot
Negative Sentiment: Balance sheet and liquidity metrics are watch items — Debt/equity (~1.49) and sub‑1.0 current/quick ratios mean financing and rate recovery cadence matter for credit and downside risk if capex requires more leverage. (Background disclosures from company filings.)

Institutional Investors Weigh In On Alliant Energy

Several institutional investors have recently made changes to their positions in LNT. Measured Wealth Private Client Group LLC bought a new stake in shares of Alliant Energy in the third quarter valued at approximately $27,000. Caitong International Asset Management Co. Ltd lifted its stake in Alliant Energy by 235.4% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 634 shares of the company’s stock worth $41,000 after purchasing an additional 445 shares during the last quarter. MUFG Securities EMEA plc bought a new stake in Alliant Energy during the second quarter worth $46,000. Quantbot Technologies LP bought a new stake in Alliant Energy during the third quarter worth $54,000. Finally, Brown Brothers Harriman & Co. lifted its stake in Alliant Energy by 58.3% during the third quarter. Brown Brothers Harriman & Co. now owns 850 shares of the company’s stock worth $57,000 after purchasing an additional 313 shares during the last quarter. 79.90% of the stock is currently owned by institutional investors.

Alliant Energy Company Profile

(Get Free Report)

Alliant Energy Corporation (NASDAQ: LNT) is a publicly traded energy holding company headquartered in Madison, Wisconsin, that provides regulated electric and natural gas utility services in the American Midwest. The company serves customers primarily in Wisconsin and Iowa through its regulated utility subsidiaries and operates as an integrated provider responsible for generation, transmission and distribution of energy to residential, commercial and industrial customers.

Alliant Energy’s core activities include operating and maintaining electric generation assets, managing the regional transmission and distribution network, and delivering natural gas service to its franchise territories.