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NASDAQ:LNT

Alliant Energy (LNT) Stock Price, News & Analysis

$58.58
-0.39 (-0.66%)
(As of 09/6/2024 ET)
Today's Range
$58.51
$59.06
50-Day Range
$50.74
$59.13
52-Week Range
$45.15
$59.80
Volume
996,060 shs
Average Volume
1.65 million shs
Market Capitalization
$15.03 billion
P/E Ratio
21.30
Dividend Yield
3.28%
Price Target
$58.50

Alliant Energy MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
0.1% Downside
$58.50 Price Target
Short Interest
Bearish
2.48% of Shares Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-4.47
Upright™ Environmental Score
News Sentiment
1.00mentions of Alliant Energy in the last 14 days
Based on 13 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
6.51%
From $3.07 to $3.27 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.

4.31 out of 5 stars

Utilities Sector

20th out of 93 stocks

Electric & Other Services Combined Industry

3rd 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

Top 3 Stocks Bank of America Analysts Recommend Right Now
Top 3 Stocks Bank of America Analysts Recommend Right Now (LNT)
Bank of America analysts recommend these three stocks even in the middle of a market selloff, all backed by EPS growth, dividend, and fundamental strength
Trump’s weapon lurks in abandoned America
Unemployment is sky-high, wages are at record lows. Addiction has overwhelmed these once thriving coal towns. Hopelessness abounds. And looking in, the future here looks bleak for these forgotten souls. But in a strange twist of fate, something miraculous is taking place…
Interstate Power and Light Company Prices Debt Offering
Alliant Energy Co. (NASDAQ:LNT) Receives $58.50 Consensus PT from Analysts
Trump’s weapon lurks in abandoned America
Unemployment is sky-high, wages are at record lows. Addiction has overwhelmed these once thriving coal towns. Hopelessness abounds. And looking in, the future here looks bleak for these forgotten souls. But in a strange twist of fate, something miraculous is taking place…
Alliant Energy (LNT) Gets a Buy from Bank of America Securities
See More Headlines
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Company Calendar

Ex-Dividend for 8/15 Dividend
7/31/2024
Last Earnings
8/01/2024
Dividend Payable
8/15/2024
Today
9/07/2024
Next Earnings (Estimated)
11/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$58.50
High Stock Price Target
$64.00
Low Stock Price Target
$43.00
Potential Upside/Downside
-0.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$703 million
Pretax Margin
14.84%

Debt

Sales & Book Value

Annual Sales
$4.03 billion
Cash Flow
$5.39 per share
Book Value
$26.48 per share

Miscellaneous

Free Float
255,584,000
Market Cap
$15.03 billion
Optionable
Optionable
Beta
0.58
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LNT Stock Analysis - Frequently Asked Questions

How have LNT shares performed this year?

Alliant Energy's stock was trading at $51.30 at the beginning of the year. Since then, LNT shares have increased by 14.2% and is now trading at $58.58.
View the best growth stocks for 2024 here
.

How were Alliant Energy's earnings last quarter?

Alliant Energy Co. (NASDAQ:LNT) posted its earnings results on Thursday, August, 1st. The company reported $0.57 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.64 by $0.07. Alliant Energy's revenue was down 2.0% compared to the same quarter last year.
Read the conference call transcript
.

When did Alliant Energy's stock split?

Alliant Energy's stock split on the morning of Friday, May 20th 2016. The 2-1 split was announced on Wednesday, April 20th 2016. The newly issued 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.

Who are Alliant Energy's major shareholders?

Alliant Energy's top institutional investors include Massachusetts Financial Services Co. MA (2.34%), Bank of New York Mellon Corp (0.81%), Johnson Investment Counsel Inc. (0.68%) and Dimensional Fund Advisors LP (0.50%). Insiders that own company stock include Lisa M Barton, Raja Sundararajan and Nancy Joy Falotico.
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 9/7/2024 by MarketBeat.com Staff

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