Alliant Energy (NASDAQ:LNT) Releases FY 2025 Earnings Guidance

Key Points

• Alliant Energy updated its FY 2025 earnings guidance, projecting earnings per share between 3.150-3.25, slightly above the consensus estimate of 3.210.
• The company's stock received mixed ratings from analysts, with a consensus rating of "Hold" and a target price of $64.23.
• Alliant Energy has also announced a quarterly dividend of $0.5075 per share, representing an annualized yield of 3.1%.

Alliant Energy (NASDAQ:LNT - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 3.150-3.25 for the period, compared to the consensus earnings per share estimate of 3.210. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Wall Street Zen raised shares of Alliant Energy from a "sell" rating to a "hold" rating in a research report on Thursday, May 15th. BMO Capital Markets reduced their target price on shares of Alliant Energy from $66.00 to $64.00 and set a "market perform" rating for the company in a report on Tuesday, April 22nd. Wolfe Research raised shares of Alliant Energy from a "peer perform" rating to an "outperform" rating and set a $68.00 price target on the stock in a report on Monday, July 7th. Jefferies Financial Group set a $71.00 price objective on Alliant Energy and gave the stock a "buy" rating in a report on Tuesday, May 20th. Finally, Barclays downgraded Alliant Energy from an "equal weight" rating to an "underweight" rating and upped their target price for the company from $59.00 to $61.00 in a research report on Tuesday, April 22nd. One analyst has rated the stock with a sell rating, six have assigned a hold rating and five have issued a buy rating to the company's stock. According to data from MarketBeat, Alliant Energy presently has a consensus rating of "Hold" and a consensus target price of $64.23.

Alliant Energy Price Performance

Shares of NASDAQ LNT traded up $0.35 during trading hours on Thursday, reaching $66.12. 2,278,355 shares of the stock traded hands, compared to its average volume of 1,795,010. The company has a market capitalization of $16.98 billion, a P/E ratio of 22.80, a price-to-earnings-growth ratio of 3.10 and a beta of 0.53. The company's 50-day simple moving average is $62.42 and its two-hundred day simple moving average is $61.86. The company has a quick ratio of 0.24, a current ratio of 0.34 and a debt-to-equity ratio of 1.21. Alliant Energy has a 52-week low of $55.17 and a 52-week high of $66.62.

Alliant Energy (NASDAQ:LNT - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The company reported $0.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.05. Alliant Energy had a net margin of 18.26% and a return on equity of 12.01%. The company's revenue for the quarter was up 7.5% on a year-over-year basis. During the same quarter last year, the business earned $0.57 earnings per share. Equities research analysts forecast that Alliant Energy will post 3.23 EPS for the current year.

Alliant Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 15th. Shareholders of record on Thursday, July 31st will be issued a dividend of $0.5075 per share. The ex-dividend date is Thursday, July 31st. This represents a $2.03 dividend on an annualized basis and a dividend yield of 3.1%. Alliant Energy's dividend payout ratio is 70.00%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Goldman Sachs Group Inc. boosted its holdings in Alliant Energy by 98.7% in the first quarter. Goldman Sachs Group Inc. now owns 1,084,562 shares of the company's stock worth $69,792,000 after acquiring an additional 538,603 shares in the last quarter. AQR Capital Management LLC raised its holdings in Alliant Energy by 103.8% in the first quarter. AQR Capital Management LLC now owns 66,701 shares of the company's stock worth $4,292,000 after buying an additional 33,978 shares during the last quarter. Woodline Partners LP lifted its stake in shares of Alliant Energy by 40.7% in 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. Empowered Funds LLC grew its holdings in shares of 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 buying an additional 974 shares during the last quarter. Finally, Geneos Wealth Management Inc. increased its position in shares of Alliant Energy by 23.5% during the first quarter. Geneos Wealth Management Inc. now owns 1,256 shares of the company's stock valued at $81,000 after acquiring an additional 239 shares in the last quarter. Institutional investors own 79.90% of the company's stock.

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.

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