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NYSE:LNTAlliant Energy Stock Price, Forecast & News

$49.36
+0.50 (+1.02 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$48.40
Now: $49.36
$49.72
50-Day Range
$45.86
MA: $48.85
$53.62
52-Week Range
$37.66
Now: $49.36
$60.28
Volume1.86 million shs
Average Volume1.76 million shs
Market Capitalization$12.32 billion
P/E Ratio25.58
Dividend Yield3.11%
Beta0.18
Alliant Energy Corporation operates as a utility holding company that provides regulated electricity and natural gas services in the Midwest region of the United States. It operates through three segments: Electric, Gas, and 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 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. As of December 31, 2017, IPL supplied electricity to 490,000 retail customers and natural gas to 220,000 retail customers; and WPL supplied electricity to 470,000 retail customers and natural gas to 190,000 retail customers. It offers electric utility services to retail customers in the farming, agriculture, industrial manufacturing, chemical, and paper industries. In addition, the company holds investments in various businesses, which provide freight services through a short-line railway between Cedar Rapids and Iowa City, Iowa; a barge terminal and hauling services on the Mississippi River; and other transfer and storage services. Further, it owns a non-regulated 347 megawatt (MW) natural gas-fired electric generating unit near Sheboygan Falls, Wisconsin; and a non-regulated 99 MW Franklin County wind farm located in Franklin County, Iowa. Alliant Energy Corporation was founded in 1917 and is headquartered in Madison, Wisconsin.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.4Community Rank: 2.5Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.26 out of 5 stars


Industry, Sector and Symbol

Industry Electric & other services combined
Sub-IndustryMulti-Utilities
SectorUtilities
CUSIP01880210
Phone608-458-3311

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.38 billion
Cash Flow$4.71 per share
Book Value$18.09 per share

Profitability

Net Income$467.50 million

Miscellaneous

EmployeesN/A
Market Cap$12.32 billion
Next Earnings Date8/6/2020 (Estimated)
OptionableOptionable

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Alliant Energy (NYSE:LNT) Frequently Asked Questions

How has Alliant Energy's stock been impacted by COVID-19 (Coronavirus)?

Alliant Energy's stock was trading at $51.59 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, LNT stock has decreased by 4.3% and is now trading at $49.36. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Alliant Energy?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alliant Energy in the last year. There are currently 2 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Alliant Energy.

When is Alliant Energy's next earnings date?

Alliant Energy is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Alliant Energy.

How were Alliant Energy's earnings last quarter?

Alliant Energy Co. (NYSE:LNT) posted its quarterly earnings data on Thursday, May, 7th. The utilities provider reported $0.72 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.54 by $0.18. The utilities provider earned $915.70 million during the quarter, compared to the consensus estimate of $979.61 million. Alliant Energy had a return on equity of 11.69% and a net margin of 15.09%. The company's revenue was down 7.2% on a year-over-year basis. During the same quarter last year, the company posted $0.53 EPS. View Alliant Energy's earnings history.

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

Alliant Energy announced a quarterly dividend on Thursday, April 9th. Investors of record on Thursday, April 30th will be given a dividend of $0.38 per share on Friday, May 15th. This represents a $1.52 annualized dividend and a dividend yield of 3.08%. The ex-dividend date is Wednesday, April 29th. View Alliant Energy's dividend history.

When did Alliant Energy's stock split? How did Alliant Energy's stock split work?

Shares of Alliant Energy split before market open on Friday, May 20th 2016. The 2-1 split was announced on Wednesday, April 20th 2016. The newly minted shares were issued to shareholders after the market closes on Thursday, May 19th 2016. An investor that had 100 shares of Alliant Energy 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 FY20 earnings guidance on Thursday, May, 7th. The company provided earnings per share (EPS) guidance of $2.34-2.48 for the period, compared to the Thomson Reuters consensus estimate of $2.42.

What price target have analysts set for LNT?

8 equities research analysts have issued 12 month target prices for Alliant Energy's shares. Their forecasts range from $48.00 to $60.00. On average, they anticipate Alliant Energy's share price to reach $54.57 in the next twelve months. This suggests a possible upside of 10.6% from the stock's current price. View analysts' price targets for Alliant Energy.

Has Alliant Energy been receiving favorable news coverage?

Press coverage about LNT stock has trended very negative recently, according to InfoTrie. The research firm identifies positive and negative news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Alliant Energy earned a media sentiment score of -3.0 on InfoTrie's scale. They also assigned news articles about the utilities provider a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutAlliant Energy.

Who are some of Alliant Energy's key competitors?

What other stocks do shareholders of Alliant Energy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Alliant Energy investors own include AbbVie (ABBV), Pfizer (PFE), AT&T (T), Verizon Communications (VZ), Enterprise Products Partners (EPD), Johnson & Johnson (JNJ), Intel (INTC), IBM (IBM), Procter & Gamble (PG) and Chevron (CVX).

Who are Alliant Energy's key executives?

Alliant Energy's management team includes the following people:
  • Ms. Patricia Leonard Kampling, Chairman & CEO (Age 58)
  • Mr. John O. Larsen, Pres (Age 54)
  • Mr. Robert J. Durian, Sr. VP, CFO & Treasurer (Age 47)
  • Mr. James H. Gallegos, Sr. VP, Gen. Counsel & Corp. Sec. (Age 57)
  • Mr. Douglas R. Kopp, Sr. VP of Operations (Age 64)

What is Alliant Energy's stock symbol?

Alliant Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "LNT."

Who are Alliant Energy's major shareholders?

Alliant Energy's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.16%), State Street Corp (5.52%), Victory Capital Management Inc. (1.72%), Geode Capital Management LLC (1.64%), Franklin Resources Inc. (1.65%) and Invesco Ltd. (1.59%). Company insiders that own Alliant Energy stock include Deborah B Dunie, James H Gallegos, Leon David A De and Patricia L Kampling. View institutional ownership trends for Alliant Energy.

Which major investors are selling Alliant Energy stock?

LNT stock was sold by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Principal Financial Group Inc., BlackRock Inc., Invesco Ltd., Nuveen Asset Management LLC, First Trust Advisors LP, JPMorgan Chase & Co., and Mitsubishi UFJ Trust & Banking Corp. Company insiders that have sold Alliant Energy company stock in the last year include James H Gallegos, and Patricia L Kampling. View insider buying and selling activity for Alliant Energy.

Which major investors are buying Alliant Energy stock?

LNT stock was purchased by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Pictet Asset Management Ltd., Massachusetts Financial Services Co. MA, State Street Corp, Bessemer Group Inc., Zimmer Partners LP, Swiss National Bank, and AJO LP. Company insiders that have bought Alliant Energy stock in the last two years include Deborah B Dunie, and Leon David A De. View insider buying and selling activity for Alliant Energy.

How do I buy shares of Alliant Energy?

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

What is Alliant Energy's stock price today?

One share of LNT stock can currently be purchased for approximately $49.36.

How big of a company is Alliant Energy?

Alliant Energy has a market capitalization of $12.32 billion and generates $3.38 billion in revenue each year. The utilities provider earns $467.50 million in net income (profit) each year or $1.93 on an earnings per share basis.

What is Alliant Energy's official website?

The official website for Alliant Energy is www.alliantenergy.com.

How can I contact Alliant Energy?

Alliant Energy's mailing address is 4902 NORTH BILTMORE LANE, MADISON WI, 53718. The utilities provider can be reached via phone at 608-458-3311 or via email at [email protected]

This page was last updated on 5/30/2020 by MarketBeat.com Staff

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