NASDAQ:LNT

Alliant Energy (LNT) Stock Price, News & Analysis

$50.20
+0.23 (+0.46%)
(As of 12:28 PM ET)
Today's Range
$49.19
$50.30
50-Day Range
$47.40
$50.40
52-Week Range
$45.15
$56.26
Volume
433,538 shs
Average Volume
1.92 million shs
Market Capitalization
$12.86 billion
P/E Ratio
18.06
Dividend Yield
3.82%
Price Target
$51.36

Alliant Energy MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
3.5% Upside
$51.36 Price Target
Short Interest
Healthy
2.00% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-4.47
Upright™ Environmental Score
News Sentiment
0.92mentions of Alliant Energy in the last 14 days
Based on 3 Articles This Week
Insider Trading
Acquiring Shares
$77,546 Bought Last Quarter
Proj. Earnings Growth
6.19%
From $3.07 to $3.26 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.

4.13 out of 5 stars

Utilities Sector

30th out of 87 stocks

Electric & Other Services Combined Industry

8th 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

This Apple-like Innovator is Revolutionizing Healthcare
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
This Apple-like Innovator is Revolutionizing Healthcare
AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.
Alliant Energy: Continued Growth Expected
Power back after outage in Cedar Rapids
Alliant Energy Corporation (LNT)
LNT Oct 2024 52.500 call
See More Headlines
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Company Calendar

Ex-Dividend for 2/15 Dividend
1/30/2024
Dividend Payable
2/15/2024
Last Earnings
2/16/2024
Today
4/24/2024
Ex-Dividend for 5/15 Dividend
4/29/2024
Next Earnings (Confirmed)
5/02/2024
Dividend Payable
5/15/2024
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
$51.36
High Stock Price Target
$54.00
Low Stock Price Target
$43.00
Potential Upside/Downside
+2.8%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
6 Analysts

Profitability

Net Income
$703 million
Pretax Margin
17.56%

Debt

Sales & Book Value

Annual Sales
$4.03 billion
Cash Flow
$5.45 per share
Book Value
$26.56 per share

Miscellaneous

Free Float
255,306,000
Market Cap
$12.80 billion
Optionable
Optionable
Beta
0.55
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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 twelve months. 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 brokerages have issued 1 year price targets for Alliant Energy's stock. Their LNT share price targets range from $43.00 to $54.00. On average, they predict the company's share price to reach $51.36 in the next twelve months. This suggests a possible upside of 3.5% from the stock's current price.
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 on January 1st, 2024. Since then, LNT shares have decreased by 3.3% and is now trading at $49.62.
View the best growth stocks for 2024 here
.

When is Alliant Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our LNT earnings forecast
.

How can I listen to Alliant Energy's earnings call?

Alliant Energy will be holding an earnings conference call on Friday, May 3rd at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Alliant Energy's earnings last quarter?

Alliant Energy Co. (NASDAQ:LNT) posted its earnings results on Friday, February, 16th. The company reported $0.48 earnings per share for the quarter, missing analysts' consensus estimates of $0.55 by $0.07. The business had revenue of $961 million for the quarter, compared to the consensus estimate of $1.25 billion. Alliant Energy had a net margin of 17.46% and a trailing twelve-month return on equity of 10.85%. During the same period in the prior year, the business earned $0.46 EPS.
Read the conference call transcript
.

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

Alliant Energy announced 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 dividend yield of 3.87%. 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 3.85%. 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 69.06%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LNT will have a dividend payout ratio of 58.90% 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's stock split on Friday, May 20th 2016. The 2-1 split was announced on Wednesday, April 20th 2016. The newly created shares were issued 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 issued an update on its FY24 earnings guidance on Friday, February, 16th. The company provided EPS guidance of $2.99-3.13 for the period, compared to the consensus earnings per share estimate of $3.07.

Who are Alliant Energy's major shareholders?

Alliant Energy's stock is owned by many different institutional and retail investors. Top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (0.25%), Gateway Investment Advisers LLC (0.14%), Godsey & Gibb Inc. (0.14%), Raymond James & Associates (0.09%), Allspring Global Investments Holdings LLC (0.07%) and IFM Investors Pty Ltd (0.03%). 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 4/24/2024 by MarketBeat.com Staff

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