Alliant Energy Corporation (NASDAQ:LNT – Free Report) – Scotiabank raised their FY2026 EPS estimates for shares of Alliant Energy in a research report issued on Monday, November 2nd. Scotiabank analyst A. Weisel now forecasts that the company will post earnings of $3.45 per share for the year, up from their previous estimate of $3.42. The consensus estimate for Alliant Energy’s current full-year earnings is $3.43 per share. Scotiabank also issued estimates for Alliant Energy’s FY2027 earnings at $3.70 EPS.
A number of other analysts have also recently issued reports on the company. Royal Bank Of Canada set a $75.00 target price on Alliant Energy in a research report on Wednesday, October 14th. Mizuho cut their price target on Alliant Energy from $76.00 to $75.00 and set a “neutral” rating on the stock in a research report on Monday, August 3rd. HSBC assumed coverage on Alliant Energy in a research note on Thursday, October 22nd. They issued a “hold” rating and a $69.50 price objective for the company. BMO Capital Markets restated an “outperform” rating and set a $75.00 target price on shares of Alliant Energy in a research report on Wednesday, October 14th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Alliant Energy in a report on Monday, October 26th. Seven investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $75.23.
View Our Latest Stock Analysis on LNT
Alliant Energy Stock Performance
Shares of LNT stock opened at $73.77 on Thursday. The stock’s 50-day moving average is $67.25 and its two-hundred day moving average is $70.57. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.35 and a current ratio of 0.51. Alliant Energy has a 1 year low of $62.54 and a 1 year high of $78.81. The firm has a market cap of $19.13 billion, a price-to-earnings ratio of 20.55, a PEG ratio of 3.04 and a beta of 0.51.
Alliant Energy (NASDAQ:LNT – Get Free Report) last posted its earnings results on Thursday, October 29th. The company reported $1.52 EPS for the quarter, beating analysts’ consensus estimates of $1.31 by $0.21. Alliant Energy had a net margin of 20.74% and a return on equity of 12.43%. The firm had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.26 billion. During the same period last year, the firm posted $1.12 EPS. The company’s revenue was up 6.2% on a year-over-year basis.
Alliant Energy Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Monday, November 16th. Investors of record on Friday, October 30th will be given a $0.5350 dividend. This represents a $2.14 annualized dividend and a yield of 2.9%. The ex-dividend date is Friday, October 30th. Alliant Energy’s payout ratio is 59.61%.
Institutional Trading of Alliant Energy
Several institutional investors and hedge funds have recently added to or reduced their stakes in LNT. Janus Henderson Group PLC increased its holdings in shares of Alliant Energy by 1.2% in the 1st quarter. Janus Henderson Group PLC now owns 11,273,621 shares of the company’s stock valued at $808,996,000 after purchasing an additional 138,683 shares in the last quarter. Jupiter Topco LLC acquired a new stake in shares of Alliant Energy in the second quarter valued at about $837,468,000. Pictet Asset Management Holding SA boosted its holdings in Alliant Energy by 8.2% during the third quarter. Pictet Asset Management Holding SA now owns 3,608,498 shares of the company’s stock worth $228,418,000 after buying an additional 273,392 shares in the last quarter. Magellan Asset Management Ltd purchased a new stake in Alliant Energy during the second quarter worth about $151,629,000. Finally, Legal & General Group Plc purchased a new stake in Alliant Energy during the second quarter worth about $143,968,000. 79.90% of the stock is owned by hedge funds and other institutional investors.
Alliant Energy Company Profile
Alliant Energy Corporation is a public utility holding company headquartered in Madison, Wisconsin. Through its regulated utility subsidiaries, Interstate Power and Light Company and Wisconsin Power and Light Company, the company provides electric and natural gas service to residential, commercial, and industrial customers in Iowa and Wisconsin.
Alliant Energy’s operations include the generation, transmission, distribution, and sale of electricity, as well as the distribution and sale of natural gas.
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