NASDAQ:LNT

Alliant Energy (LNT) Stock Price, News & Analysis

$50.85
0.00 (0.00%)
(As of 05/3/2024 08:52 PM ET)
Today's Range
$49.94
$51.77
50-Day Range
$47.40
$50.85
52-Week Range
$45.15
$56.26
Volume
2.14 million shs
Average Volume
1.92 million shs
Market Capitalization
$13.02 billion
P/E Ratio
18.49
Dividend Yield
3.78%
Price Target
$50.71

Alliant Energy MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
0.3% Downside
$50.71 Price Target
Short Interest
Healthy
1.71% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-4.47
Upright™ Environmental Score
News Sentiment
0.89mentions of Alliant Energy in the last 14 days
Based on 30 Articles This Week
Insider Trading
Acquiring Shares
$77,546 Bought Last Quarter
Proj. Earnings Growth
5.52%
From $3.08 to $3.25 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.62 out of 5 stars

Utilities Sector

14th out of 90 stocks

Electric & Other Services Combined Industry

4th out of 18 stocks

LNT stock logo

About Alliant Energy Stock (NASDAQ:LNT)

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. Alliant Energy Corporation, through its other subsidiary, Wisconsin Power and Light Company (WPL), generates and distributes electricity, and distributes and transports natural gas to retail customers in Wisconsin; and sells electricity to wholesale customers in Wisconsin. It serves retail customers in the farming, agriculture, industrial manufacturing, chemical, packaging, and food industries, as well as wholesale customers comprising municipalities and rural electric cooperatives. In addition, the company owns and operates a short-line rail freight service in Iowa; a Mississippi River barge, rail, and truck freight terminal in Illinois; freight brokerage services; wind turbine blade recycling services; and a rail-served warehouse in Iowa. Further, it holds interests in a natural gas-fired electric generating unit near Sheboygan Falls, Wisconsin; and a wind farm located in Oklahoma. The company was formerly known as Interstate Energy Corp. and changed its name to Alliant Energy Corporation in May 1999. Alliant Energy Corporation was incorporated in 1981 and is headquartered in Madison, Wisconsin.

LNT Stock Price History

LNT Stock News Headlines

Gold Mania
Former Goldman VP Reveals Mysterious "Gold Bank" With Huge Upside Potential He says the gains in this should be far greater than just bullion or mining stocks. Some folks had the chance to see 995% the last time we shared this exact "bank". Most people know nothing about it (except the rich and elite).
Q1 2024 Alliant Energy Corp Earnings Call
Gold Mania
Former Goldman VP Reveals Mysterious "Gold Bank" With Huge Upside Potential He says the gains in this should be far greater than just bullion or mining stocks. Some folks had the chance to see 995% the last time we shared this exact "bank". Most people know nothing about it (except the rich and elite).
Alliant Energy Corp Q1 income drops in line with estimates
Alliant Energy (NASDAQ:LNT) Price Target Cut to $48.00
Alliant Energy: Continued Growth Expected
See More Headlines
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Company Calendar

Ex-Dividend for 2/15 Dividend
1/30/2024
Dividend Payable
2/15/2024
Ex-Dividend for 5/15 Dividend
4/29/2024
Last Earnings
5/03/2024
Today
5/06/2024
Dividend Payable
5/15/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Electric & other services combined
Sub-Industry
N/A
Current Symbol
NASDAQ:LNT
Employees
3,281
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$50.71
High Stock Price Target
$54.00
Low Stock Price Target
$43.00
Potential Upside/Downside
-0.3%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
6 Analysts

Profitability

Net Income
$703 million
Pretax Margin
17.43%

Debt

Sales & Book Value

Annual Sales
$4.03 billion
Cash Flow
$5.44 per share
Book Value
$26.56 per share

Miscellaneous

Free Float
255,306,000
Market Cap
$13.02 billion
Optionable
Optionable
Beta
0.54
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LNT Stock Analysis - Frequently Asked Questions

Should I buy or sell Alliant Energy stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alliant Energy in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" LNT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LNT, but not buy additional shares or sell existing shares.
View LNT analyst ratings
or view top-rated stocks.

What is Alliant Energy's stock price target for 2024?

6 analysts have issued 12 month target prices for Alliant Energy's stock. Their LNT share price targets range from $43.00 to $54.00. On average, they anticipate the company's stock price to reach $50.71 in the next twelve months. This suggests that the stock has a possible downside of 0.3%.
View analysts price targets for LNT
or view top-rated stocks among Wall Street analysts.

How have LNT shares performed in 2024?

Alliant Energy's stock was trading at $51.30 at the beginning of the year. Since then, LNT shares have decreased by 0.9% and is now trading at $50.85.
View the best growth stocks for 2024 here
.

Are investors shorting Alliant Energy?

Alliant Energy saw a decline in short interest during the month of April. As of April 15th, there was short interest totaling 4,370,000 shares, a decline of 14.8% from the March 31st total of 5,130,000 shares. Based on an average daily volume of 1,970,000 shares, the days-to-cover ratio is presently 2.2 days.
View Alliant Energy's Short Interest
.

When is Alliant Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our LNT earnings forecast
.

How were Alliant Energy's earnings last quarter?

Alliant Energy Co. (NASDAQ:LNT) announced its quarterly earnings data on Friday, May, 3rd. The company reported $0.62 EPS for the quarter, hitting the consensus estimate of $0.62. The business earned $1.03 billion during the quarter, compared to analyst estimates of $1.01 billion. Alliant Energy had a trailing twelve-month return on equity of 10.64% and a net margin of 17.53%. The company's quarterly revenue was down 4.3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.65 earnings per share.
Read the conference call transcript
.

How often does Alliant Energy pay dividends? What is the dividend yield for Alliant Energy?

Alliant Energy declared a quarterly dividend on Monday, April 15th. Stockholders of record on Tuesday, April 30th will be given a dividend of $0.48 per share on Wednesday, May 15th. This represents a $1.92 annualized dividend and a yield of 3.78%. The ex-dividend date of this dividend is Monday, April 29th.
Read our dividend analysis for LNT
.

Is Alliant Energy a good dividend stock?

Alliant Energy (NASDAQ:LNT) pays an annual dividend of $1.92 per share and currently has a dividend yield of 3.78%. The company has been increasing its dividend for 21 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 69.82%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LNT will have a dividend payout ratio of 59.08% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LNT.

When did Alliant Energy's stock split?

Alliant Energy shares split on the morning of Friday, May 20th 2016. The 2-1 split was announced on Wednesday, April 20th 2016. The newly created shares were distributed to shareholders after the closing bell on Thursday, May 19th 2016. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

What guidance has Alliant Energy issued on next quarter's earnings?

Alliant Energy updated its FY 2024 earnings guidance on Friday, May, 3rd. The company provided earnings per share guidance of 2.990-3.130 for the period, compared to the consensus estimate of 3.060. The company issued revenue guidance of -.

Who are Alliant Energy's major shareholders?

Alliant Energy's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Principal Financial Group Inc. (0.42%), Sumitomo Mitsui Trust Holdings Inc. (0.25%), BI Asset Management Fondsmaeglerselskab A S (0.23%), Gateway Investment Advisers LLC (0.14%), Godsey & Gibb Inc. (0.14%) and Raymond James & Associates (0.09%). Insiders that own company stock include Lisa M Barton, Nancy Joy Falotico and Raja Sundararajan.
View institutional ownership trends
.

How do I buy shares of Alliant Energy?

Shares of LNT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:LNT) was last updated on 5/6/2024 by MarketBeat.com Staff

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