Zacks Research Boosts Earnings Estimates for Alliant Energy

Key Points

• Zacks Research raised Alliant Energy’s FY2028 EPS estimate to $4.06 from $4.02, above the company’s current full-year consensus estimate of $3.43.
• Alliant Energy exceeded quarterly expectations, reporting $0.65 EPS versus the $0.58 consensus and $971 million in revenue versus $896.94 million expected. The company maintained FY2026 EPS guidance of $3.36–$3.46.
• Analyst sentiment remains positive overall, with a “Moderate Buy” consensus and an average price target of $77; the company also offers a 3.3% dividend yield.

Alliant Energy Corporation (NASDAQ:LNT - Free Report) - Investment analysts at Zacks Research raised their FY2028 earnings per share (EPS) estimates for shares of Alliant Energy in a research report issued on Monday, October 5th. Zacks Research analyst Team now anticipates that the company will earn $4.06 per share for the year, up from their previous forecast of $4.02. The consensus estimate for Alliant Energy's current full-year earnings is $3.43 per share.

Alliant Energy (NASDAQ:LNT - Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The company reported $0.65 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.07. Alliant Energy had a return on equity of 11.16% and a net margin of 18.45%.The business had revenue of $971.00 million during the quarter, compared to the consensus estimate of $896.94 million. During the same quarter last year, the company earned $0.68 earnings per share. The company's quarterly 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.

Other analysts have also recently issued reports about the stock. Jefferies Financial Group reiterated a "buy" rating and issued a $80.00 target price on shares of Alliant Energy in a research note on Thursday, August 27th. Mizuho decreased their price target on shares of Alliant Energy from $76.00 to $75.00 and set a "neutral" rating for the company in a report on Monday, August 3rd. BMO Capital Markets lowered their price objective on shares of Alliant Energy from $80.00 to $78.00 and set an "outperform" rating for the company in a research note on Monday, August 3rd. Wall Street Zen raised shares of Alliant Energy from a "strong sell" rating to a "sell" rating in a report on Sunday, September 20th. Finally, Weiss Ratings lowered shares of Alliant Energy from a "buy (b+)" rating to a "buy (b)" rating in a report on Tuesday, July 28th. Nine research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, Alliant Energy currently has an average rating of "Moderate Buy" and an average price target of $77.00.

Alliant Energy Stock Performance

LNT opened at $64.29 on Tuesday. The company has a market cap of $16.67 billion, a P/E ratio of 20.35, a price-to-earnings-growth ratio of 2.71 and a beta of 0.52. The company has a quick ratio of 0.35, a current ratio of 0.47 and a debt-to-equity ratio of 1.41. The firm's 50-day moving average price is $67.79 and its 200-day moving average price is $71.27. Alliant Energy has a 52-week low of $62.54 and a 52-week high of $78.81.

Alliant Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, August 17th. Investors of record on Friday, July 31st were issued a $0.5350 dividend. This represents a $2.14 annualized dividend and a yield of 3.3%. The ex-dividend date was Friday, July 31st. Alliant Energy's dividend payout ratio is 67.72%.

Hedge Funds Weigh In On Alliant Energy

A number of institutional investors have recently bought and sold shares of the business. Cedar Mountain Advisors LLC purchased a new stake in shares of Alliant Energy in the 2nd quarter valued at $26,000. Clearstead Trust LLC acquired a new position in Alliant Energy during the second quarter valued at $27,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new position in Alliant Energy during the second quarter valued at $32,000. Continuum Advisory LLC purchased a new stake in Alliant Energy in the second quarter valued at $40,000. Finally, Fortress Financial Group LLC purchased a new stake in Alliant Energy in the second quarter valued at $2,063,000. 79.90% of the stock is owned by hedge funds and other institutional investors.

About Alliant Energy

Alliant Energy Corporation is a regulated energy holding company headquartered in Madison, Wisconsin. Through its 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.

The company generates and distributes electricity through a diverse portfolio that includes wind, solar, natural gas, and other generation resources. It also operates electric transmission and distribution networks and natural gas distribution systems, while investing in renewable energy and infrastructure modernization to support a more sustainable energy mix and reliable service.

Alliant Energy traces its history to the utility businesses that became part of the company through a series of mergers and reorganizations, including the formation of Alliant Energy Corporation in the late 1990s.

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