Brokers Set Expectations for Alliant Energy Q2 Earnings

Alliant Energy Co. (NASDAQ:LNT - Free Report) - Research analysts at Zacks Research raised their Q2 2026 earnings per share estimates for Alliant Energy in a research report issued on Thursday, January 9th. Zacks Research analyst R. Department now anticipates that the company will post earnings of $0.70 per share for the quarter, up from their previous estimate of $0.69. The consensus estimate for Alliant Energy's current full-year earnings is $3.04 per share. Zacks Research also issued estimates for Alliant Energy's Q4 2026 earnings at $0.81 EPS and FY2026 earnings at $3.46 EPS.

Alliant Energy (NASDAQ:LNT - Get Free Report) last announced its quarterly earnings results on Thursday, October 31st. The company reported $1.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.10 by $0.05. The firm had revenue of $1.08 billion during the quarter, compared to analysts' expectations of $1.08 billion. Alliant Energy had a net margin of 16.66% and a return on equity of 10.56%. The company's revenue was up .4% on a year-over-year basis. During the same period in the prior year, the company posted $1.05 EPS.

Several other analysts have also recently commented on LNT. Wells Fargo & Company reduced their target price on Alliant Energy from $66.00 to $65.00 and set an "overweight" rating on the stock in a report on Monday, November 4th. UBS Group upped their price objective on shares of Alliant Energy from $64.00 to $65.00 and gave the company a "neutral" rating in a research note on Friday, September 20th. BMO Capital Markets lowered their target price on shares of Alliant Energy from $65.00 to $61.00 and set a "market perform" rating for the company in a research note on Monday, November 4th. Barclays cut their price target on shares of Alliant Energy from $61.00 to $59.00 and set an "equal weight" rating on the stock in a research report on Wednesday, November 6th. Finally, Scotiabank lowered Alliant Energy from a "sector outperform" rating to a "sector perform" rating and lifted their price objective for the stock from $64.00 to $67.00 in a research report on Thursday, December 12th. Six equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $63.39.

Alliant Energy Trading Up 0.6 %

LNT traded up $0.32 during midday trading on Monday, hitting $56.98. 1,388,156 shares of the company were exchanged, compared to its average volume of 1,375,252. The firm has a market capitalization of $14.62 billion, a P/E ratio of 22.09, a P/E/G ratio of 2.98 and a beta of 0.60. The firm's 50 day moving average price is $60.06 and its 200-day moving average price is $58.45. The company has a quick ratio of 0.72, a current ratio of 0.86 and a debt-to-equity ratio of 1.33. Alliant Energy has a 1-year low of $46.80 and a 1-year high of $64.19.

Alliant Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Thursday, October 31st were issued a dividend of $0.48 per share. The ex-dividend date was Thursday, October 31st. This represents a $1.92 annualized dividend and a dividend yield of 3.37%. Alliant Energy's dividend payout ratio is 74.42%.

Hedge Funds Weigh In On Alliant Energy

A number of institutional investors have recently modified their holdings of LNT. Janus Henderson Group PLC raised its stake in shares of Alliant Energy by 0.6% in the third quarter. Janus Henderson Group PLC now owns 10,691,172 shares of the company's stock worth $648,847,000 after purchasing an additional 65,110 shares during the last quarter. Geode Capital Management LLC raised its position in Alliant Energy by 1.4% in the 3rd quarter. Geode Capital Management LLC now owns 6,593,166 shares of the company's stock valued at $398,880,000 after buying an additional 92,525 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its stake in Alliant Energy by 8.5% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 6,512,770 shares of the company's stock valued at $395,260,000 after acquiring an additional 512,429 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Alliant Energy by 0.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,216,475 shares of the company's stock worth $134,518,000 after acquiring an additional 14,225 shares during the last quarter. Finally, Point72 Asset Management L.P. grew its stake in shares of Alliant Energy by 92.7% in the 3rd quarter. Point72 Asset Management L.P. now owns 1,604,272 shares of the company's stock worth $97,363,000 after acquiring an additional 771,919 shares in the last quarter. 79.90% of the stock is 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.