Alliant Energy Corporation (NASDAQ:LNT) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Alliant Energy Corporation (NASDAQ:LNTGet Free Report) have been given an average rating of “Moderate Buy” by the fourteen analysts that are currently covering the firm, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $77.0909.

LNT has been the subject of a number of recent research reports. Mizuho set a $76.00 price objective on shares of Alliant Energy in a report on Monday, May 4th. Scotiabank reaffirmed a “sector perform” rating and set a $74.00 target price (up from $72.00) on shares of Alliant Energy in a report on Monday, May 4th. Wall Street Zen upgraded shares of Alliant Energy from a “strong sell” rating to a “hold” rating in a research report on Saturday. Wells Fargo & Company reissued an “overweight” rating and issued a $76.00 price target on shares of Alliant Energy in a research note on Tuesday, April 21st. Finally, Barclays set a $74.00 price target on shares of Alliant Energy and gave the company an “equal weight” rating in a research report on Wednesday, April 15th.

Get Our Latest Report on LNT

Key Stories Impacting Alliant Energy

Here are the key news stories impacting Alliant Energy this week:

Institutional Investors Weigh In On Alliant Energy

Several institutional investors have recently bought and sold shares of the stock. Cedar Mountain Advisors LLC bought a new position in Alliant Energy during the 2nd quarter worth approximately $26,000. Measured Wealth Private Client Group LLC bought a new stake in Alliant Energy in the third quarter valued at approximately $27,000. Western Wealth Management LLC bought a new stake in Alliant Energy in the first quarter valued at approximately $41,000. Caitong International Asset Management Co. Ltd boosted its stake in shares of Alliant Energy by 235.4% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 634 shares of the company’s stock valued at $41,000 after purchasing an additional 445 shares during the period. Finally, MUFG Securities EMEA plc purchased a new stake in shares of Alliant Energy during the second quarter valued at approximately $46,000. 79.90% of the stock is currently owned by hedge funds and other institutional investors.

Alliant Energy Stock Performance

NASDAQ:LNT opened at $70.78 on Monday. The business has a 50 day moving average of $74.09 and a 200 day moving average of $71.86. The company has a market capitalization of $18.28 billion, a price-to-earnings ratio of 22.40, a PEG ratio of 2.63 and a beta of 0.55. Alliant Energy has a 1-year low of $63.28 and a 1-year high of $78.81. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.47 and a quick ratio of 0.53.

Alliant Energy (NASDAQ:LNTGet Free Report) last issued its earnings results on Thursday, July 30th. The company reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.58 by $0.07. Alliant Energy had a return on equity of 11.16% and a net margin of 18.45%.The business had revenue of $971.00 million during the quarter, compared to analyst estimates of $896.94 million. During the same quarter in the prior year, the firm earned $0.68 earnings per share. Alliant Energy’s revenue for the quarter was up 1.0% on a year-over-year basis. Alliant Energy has set its FY 2026 guidance at 3.360-3.460 EPS. On average, sell-side analysts predict that Alliant Energy will post 3.43 earnings per share for the current fiscal year.

Alliant Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 17th. Stockholders of record on Friday, July 31st will be issued a $0.535 dividend. The ex-dividend date is Friday, July 31st. This represents a $2.14 annualized dividend and a dividend yield of 3.0%. Alliant Energy’s payout ratio is currently 67.08%.

Alliant Energy Company Profile

(Get Free Report)

Alliant Energy Corporation (NASDAQ: LNT) is a publicly traded energy holding company headquartered in Madison, Wisconsin, that provides regulated electric and natural gas utility services in the American Midwest. The company serves customers primarily in Wisconsin and Iowa through its regulated utility subsidiaries and operates as an integrated provider responsible for generation, transmission and distribution of energy to residential, commercial and industrial customers.

Alliant Energy’s core activities include operating and maintaining electric generation assets, managing the regional transmission and distribution network, and delivering natural gas service to its franchise territories.

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Analyst Recommendations for Alliant Energy (NASDAQ:LNT)

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