Alliant Energy FY2026 EPS Forecast Lifted by Zacks Research

Key Points

• Zacks Research raised Alliant Energy’s FY2026 EPS forecast to $3.42 from $3.41, close to the $3.43 analyst consensus. The company’s own FY2026 guidance is $3.36–$3.46 per share.
• Alliant Energy exceeded quarterly expectations, reporting $0.65 EPS versus the $0.58 consensus and revenue of $971 million versus estimates of $896.94 million. Revenue increased 1% year over year.
• The stock opened at $69.46, while analysts maintain a “Moderate Buy” consensus with a $76.82 price target. Alliant also pays a quarterly dividend of $0.535 per share, representing a 3.1% yield.

Alliant Energy Corporation (NASDAQ:LNT - Free Report) - Zacks Research upped their FY2026 earnings per share (EPS) estimates for shares of Alliant Energy in a research report issued on Thursday, August 20th. Zacks Research analyst Team now anticipates that the company will post earnings per share of $3.42 for the year, up from their previous forecast of $3.41. The consensus estimate for Alliant Energy's current full-year earnings is $3.43 per share. Zacks Research also issued estimates for Alliant Energy's Q4 2026 earnings at $0.74 EPS, Q2 2027 earnings at $0.73 EPS, Q3 2027 earnings at $1.26 EPS, Q4 2027 earnings at $0.78 EPS, FY2027 earnings at $3.65 EPS, Q1 2028 earnings at $0.94 EPS and FY2028 earnings at $4.02 EPS.

Other equities research analysts have also recently issued reports about the stock. Wall Street Zen cut shares of Alliant Energy from a "hold" rating to a "sell" rating in a research report on Sunday, August 9th. TD Cowen assumed coverage on shares of Alliant Energy in a report on Tuesday, July 7th. They issued a "hold" rating and a $83.00 price target on the stock. Scotiabank reaffirmed a "sector perform" rating and set a $74.00 price target (up from $72.00) on shares of Alliant Energy in a research report on Monday, May 4th. Mizuho lowered their target price on Alliant Energy from $76.00 to $75.00 and set a "neutral" rating for the company in a research note on Monday, August 3rd. Finally, Weiss Ratings cut shares of Alliant Energy from a "buy (b+)" rating to a "buy (b)" rating in a research report on Tuesday, July 28th. Nine analysts have rated the stock with a Buy rating and five have given a Hold rating to the company's stock. According to data from MarketBeat.com, Alliant Energy presently has a consensus rating of "Moderate Buy" and a consensus price target of $76.82.

Alliant Energy Stock Performance

NASDAQ:LNT opened at $69.46 on Friday. Alliant Energy has a 1-year low of $63.28 and a 1-year high of $78.81. The firm has a 50 day simple moving average of $73.46 and a 200-day simple moving average of $72.17. The firm has a market cap of $18.01 billion, a PE ratio of 21.98, a P/E/G ratio of 2.60 and a beta of 0.55. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.47 and a quick ratio of 0.35.

Alliant Energy (NASDAQ:LNT - Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The company reported $0.65 EPS for the quarter, beating analysts' consensus estimates of $0.58 by $0.07. Alliant Energy had a net margin of 18.45% and a return on equity of 11.16%. The firm had revenue of $971.00 million for the quarter, compared to analysts' expectations of $896.94 million. During the same period in the prior year, the company earned $0.68 EPS. The firm's revenue was up 1.0% on a year-over-year basis. Alliant Energy has set its FY 2026 guidance at 3.360-3.460 EPS.

Institutional Investors Weigh In On Alliant Energy

A number of institutional investors have recently added to or reduced their stakes in the company. AQR Capital Management LLC boosted its position in shares of Alliant Energy by 103.8% during the 1st quarter. AQR Capital Management LLC now owns 66,701 shares of the company's stock valued at $4,292,000 after purchasing an additional 33,978 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Alliant Energy by 98.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,084,562 shares of the company's stock worth $69,792,000 after purchasing an additional 538,603 shares in the last quarter. Empowered Funds LLC lifted its stake in Alliant Energy by 18.8% during the first quarter. Empowered Funds LLC now owns 6,166 shares of the company's stock valued at $397,000 after purchasing an additional 974 shares during the last quarter. Woodline Partners LP boosted its holdings in Alliant Energy by 40.7% during the first quarter. Woodline Partners LP now owns 21,679 shares of the company's stock worth $1,395,000 after buying an additional 6,269 shares in the last quarter. Finally, Geneos Wealth Management Inc. boosted its stake in shares of Alliant Energy by 23.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,256 shares of the company's stock worth $81,000 after acquiring an additional 239 shares in the last quarter. 79.90% of the stock is currently owned by institutional investors and hedge funds.

Alliant Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Investors of record on Friday, July 31st were paid a dividend of $0.535 per share. This represents a $2.14 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date was Friday, July 31st. Alliant Energy's dividend payout ratio (DPR) is currently 67.72%.

Alliant Energy Company Profile

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.

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