Alliant Energy (LNT) to Release Quarterly Earnings on Thursday

Alliant Energy (NASDAQ:LNT - Get Free Report) will likely be announcing its Q1 2025 earnings results after the market closes on Thursday, May 8th. Analysts expect the company to announce earnings of $0.58 per share and revenue of $1.09 billion for the quarter. Alliant Energy has set its FY 2025 guidance at 3.150-3.250 EPS.

Alliant Energy (NASDAQ:LNT - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The company reported $0.70 EPS for the quarter, beating the consensus estimate of $0.68 by $0.02. The business had revenue of $976.00 million for the quarter, compared to analyst estimates of $1.14 billion. Alliant Energy had a return on equity of 11.39% and a net margin of 17.33%. On average, analysts expect Alliant Energy to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Alliant Energy Trading Up 1.0 %

Shares of NASDAQ:LNT traded up $0.62 during midday trading on Friday, reaching $61.17. 1,318,950 shares of the company's stock were exchanged, compared to its average volume of 1,602,310. The firm's 50 day simple moving average is $62.17 and its two-hundred day simple moving average is $60.88. Alliant Energy has a fifty-two week low of $49.05 and a fifty-two week high of $66.54. The company has a debt-to-equity ratio of 1.33, a current ratio of 0.86 and a quick ratio of 0.72. The stock has a market cap of $15.71 billion, a price-to-earnings ratio of 22.74, a P/E/G ratio of 2.83 and a beta of 0.52.

Alliant Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Wednesday, April 30th will be paid a $0.5075 dividend. This represents a $2.03 dividend on an annualized basis and a dividend yield of 3.32%. The ex-dividend date of this dividend is Wednesday, April 30th. Alliant Energy's dividend payout ratio (DPR) is 75.46%.

Analysts Set New Price Targets

Several analysts recently weighed in on LNT shares. UBS Group lifted their target price on shares of Alliant Energy from $65.00 to $68.00 and gave the company a "neutral" rating in a report on Friday, March 21st. BMO Capital Markets cut their price objective on Alliant Energy from $66.00 to $64.00 and set a "market perform" rating on the stock in a research report on Tuesday, April 22nd. Barclays cut shares of Alliant Energy from an "equal weight" rating to an "underweight" rating and boosted their price target for the stock from $59.00 to $61.00 in a report on Tuesday, April 22nd. Finally, Guggenheim reiterated a "neutral" rating and issued a $57.00 price objective on shares of Alliant Energy in a report on Monday, February 24th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $63.55.

About Alliant Energy

Alliant Energy Corporation operates as a utility holding company that provides regulated electricity and natural gas services in the United States. It operates in three segments: Utility Electric Operations, Utility Gas Operations, and Utility Other. The company, through its subsidiary, Interstate Power and Light Company (IPL), primarily generates and distributes electricity, and distributes and transports natural gas to retail customers in Iowa; sells electricity to wholesale customers in Minnesota, Illinois, and Iowa; and generates and distributes steam in Cedar Rapids, Iowa.