FY2026 EPS Forecast for Alliant Energy Decreased by Analyst

Alliant Energy Co. (NASDAQ:LNT - Free Report) - Zacks Research reduced their FY2026 earnings per share (EPS) estimates for Alliant Energy in a report released on Thursday, May 29th. Zacks Research analyst R. Department now anticipates that the company will post earnings of $3.40 per share for the year, down from their previous forecast of $3.44. The consensus estimate for Alliant Energy's current full-year earnings is $3.23 per share. Zacks Research also issued estimates for Alliant Energy's Q4 2026 earnings at $0.85 EPS and Q1 2027 earnings at $0.73 EPS.

Alliant Energy (NASDAQ:LNT - Get Free Report) last posted its quarterly earnings results on Thursday, May 8th. The company reported $0.83 EPS for the quarter, beating the consensus estimate of $0.71 by $0.12. The business had revenue of $1.13 billion during the quarter, compared to analyst estimates of $1.09 billion. Alliant Energy had a net margin of 17.33% and a return on equity of 11.39%. The company's quarterly revenue was up 9.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.62 EPS.

Several other brokerages have also issued reports on LNT. Wall Street Zen raised Alliant Energy from a "sell" rating to a "hold" rating in a research report on Thursday, May 15th. Jefferies Financial Group set a $71.00 price objective on shares of Alliant Energy and gave the company a "buy" rating in a report on Tuesday, May 20th. Guggenheim reaffirmed a "neutral" rating and issued a $57.00 price objective on shares of Alliant Energy in a research report on Monday, February 24th. BMO Capital Markets dropped their target price on shares of 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. Finally, Barclays lowered shares of Alliant Energy from an "equal weight" rating to an "underweight" rating and upped their price target for the company from $59.00 to $61.00 in a research note on Tuesday, April 22nd. One analyst has rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and an average price target of $63.95.

Alliant Energy Stock Down 0.2%

LNT traded down $0.13 during trading on Monday, hitting $61.94. The stock had a trading volume of 2,024,801 shares, compared to its average volume of 1,692,828. The stock has a 50 day simple moving average of $61.47 and a two-hundred day simple moving average of $61.14. The company has a market capitalization of $15.91 billion, a PE ratio of 23.03, a PEG ratio of 2.83 and a beta of 0.58. The company has a debt-to-equity ratio of 1.33, a quick ratio of 0.72 and a current ratio of 0.86. Alliant Energy has a twelve month low of $49.25 and a twelve month high of $66.54.

Alliant Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, May 15th. Investors of record on Wednesday, April 30th were issued a dividend of $0.5075 per share. The ex-dividend date of this dividend was Wednesday, April 30th. This represents a $2.03 annualized dividend and a dividend yield of 3.28%. Alliant Energy's dividend payout ratio (DPR) is presently 70.00%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in LNT. T. Rowe Price Investment Management Inc. raised its stake in shares of Alliant Energy by 9,113.1% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 4,187,345 shares of the company's stock valued at $247,640,000 after buying an additional 4,141,895 shares during the last quarter. Vaughan Nelson Investment Management L.P. purchased a new position in Alliant Energy during the first quarter valued at approximately $82,496,000. GAMMA Investing LLC lifted its holdings in Alliant Energy by 6,869.6% in the first quarter. GAMMA Investing LLC now owns 1,114,027 shares of the company's stock valued at $71,688,000 after acquiring an additional 1,098,043 shares during the period. Jennison Associates LLC purchased a new stake in Alliant Energy in the 4th quarter worth approximately $32,225,000. Finally, Goldman Sachs Group Inc. grew its stake in shares of Alliant Energy by 98.7% during 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 during the period. 79.90% of the stock is currently owned by institutional investors and hedge funds.

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.