Alliant Energy Co. (NASDAQ:LNT - Free Report) - Stock analysts at Zacks Research lifted their Q3 2026 EPS estimates for Alliant Energy in a report released on Thursday, December 12th. Zacks Research analyst R. Department now forecasts that the company will post earnings per share of $1.21 for the quarter, up from their previous estimate of $1.20. 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 FY2026 earnings at $3.44 EPS.
A number of other brokerages have also weighed in on LNT. BMO Capital Markets cut their price objective on Alliant Energy from $65.00 to $61.00 and set a "market perform" rating for the company in a research report on Monday, November 4th. Bank of America lifted their price objective on Alliant Energy from $62.00 to $63.00 and gave the stock a "buy" rating in a research note on Thursday, August 29th. Wells Fargo & Company decreased their price objective on Alliant Energy from $66.00 to $65.00 and set an "overweight" rating on the stock in a report on Monday, November 4th. Scotiabank cut shares of Alliant Energy from a "sector outperform" rating to a "sector perform" rating and boosted their price target for the stock from $64.00 to $67.00 in a research report on Thursday. Finally, UBS Group upped their price target 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. Six research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $63.39.
Read Our Latest Analysis on LNT
Alliant Energy Price Performance
Shares of Alliant Energy stock traded down $0.57 during trading hours on Monday, hitting $59.88. The company's stock had a trading volume of 1,382,263 shares, compared to its average volume of 1,611,009. The company has a market cap of $15.37 billion, a PE ratio of 23.43, a PEG ratio of 2.98 and a beta of 0.59. The company has a debt-to-equity ratio of 1.33, a quick ratio of 0.72 and a current ratio of 0.86. The business has a 50 day moving average price of $60.77 and a two-hundred day moving average price of $57.28. Alliant Energy has a 12-month low of $46.80 and a 12-month high of $64.19.
Alliant Energy (NASDAQ:LNT - Get Free Report) last released its earnings results on Thursday, October 31st. The company reported $1.15 EPS for the quarter, topping analysts' consensus estimates of $1.10 by $0.05. The company had revenue of $1.08 billion for 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 firm's revenue was up .4% compared to the same quarter last year. During the same quarter last year, the business earned $1.05 EPS.
Alliant Energy Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Thursday, October 31st were given a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 3.21%. The ex-dividend date was Thursday, October 31st. Alliant Energy's payout ratio is 74.42%.
Institutional Inflows and Outflows
A number of institutional investors have recently added to or reduced their stakes in LNT. Larson Financial Group LLC raised its position in shares of Alliant Energy by 7,083.3% in the 3rd quarter. Larson Financial Group LLC now owns 431 shares of the company's stock worth $26,000 after acquiring an additional 425 shares in the last quarter. Northwest Investment Counselors LLC purchased a new position in Alliant Energy in the third quarter valued at about $28,000. Eastern Bank purchased a new position in Alliant Energy in the third quarter valued at about $30,000. JNBA Financial Advisors bought a new position in Alliant Energy in the third quarter worth about $31,000. Finally, Kimelman & Baird LLC purchased a new stake in shares of Alliant Energy during the second quarter valued at about $41,000. Hedge funds and other institutional investors own 79.90% of the company's stock.
Alliant Energy Company Profile
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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.
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