FY2026 EPS Forecast for Alliant Energy Increased by Analyst

Alliant Energy Corporation (NASDAQ:LNT) – Analysts at Scotiabank increased their FY2026 earnings per share estimates for Alliant Energy in a report issued on Monday, November 2nd. Scotiabank analyst A. Weisel now forecasts that the company will post earnings of $3.45 per share for the year, up from their previous estimate of $3.42. The consensus estimate for Alliant Energy’s current full-year earnings is $3.43 per share. Scotiabank also issued estimates for Alliant Energy’s FY2027 earnings at $3.70 EPS.

Alliant Energy (NASDAQ:LNT) last posted its earnings results on Thursday, October 29th. The company reported $1.52 EPS for the quarter, topping analysts’ consensus estimates of $1.31 by $0.21. The company had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.26 billion. Alliant Energy had a return on equity of 12.43% and a net margin of 20.74%. Alliant Energy’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same period in the previous year, the business earned $1.12 earnings per share.

Several other equities research analysts have also commented on the stock. HSBC began coverage on shares of Alliant Energy in a research report on Thursday, October 22nd. They issued a “hold” rating and a $69.50 price objective on the stock. Wells Fargo & Company raised their target price on shares of Alliant Energy from $81.00 to $82.00 and gave the company an “overweight” rating in a report on Monday. BMO Capital Markets restated an “outperform” rating and set a $75.00 target price on shares of Alliant Energy in a research report on Wednesday, October 14th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $75.00 price target on shares of Alliant Energy in a report on Monday, October 12th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Alliant Energy in a research report on Monday, October 26th. Seven equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $75.23.

Alliant Energy Trading Up 2.3%

Shares of LNT stock opened at $73.77 on Thursday. Alliant Energy has a fifty-two week low of $62.54 and a fifty-two week high of $78.81. The stock has a market cap of $19.13 billion, a P/E ratio of 20.55, a P/E/G ratio of 3.04 and a beta of 0.51. The business has a fifty day simple moving average of $67.25 and a 200-day simple moving average of $70.57. The company has a quick ratio of 0.35, a current ratio of 0.51 and a debt-to-equity ratio of 1.42.

Institutional Trading of Alliant Energy

Several institutional investors and hedge funds have recently made changes to their positions in LNT. Jupiter Topco LLC purchased a new stake in Alliant Energy during the 2nd quarter worth about $837,468,000. Magellan Asset Management Ltd purchased a new position in Alliant Energy in the 2nd quarter valued at about $151,629,000. Legal & General Group Plc purchased a new position in Alliant Energy in the 2nd quarter valued at about $143,968,000. Energy Income Partners LLC acquired a new stake in shares of Alliant Energy during the 2nd quarter worth about $63,073,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Alliant Energy during the 2nd quarter worth about $47,608,000. 79.90% of the stock is currently owned by hedge funds and other institutional investors.

Alliant Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 16th. Stockholders of record on Friday, October 30th will be given a $0.5350 dividend. This represents a $2.14 annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Friday, October 30th. Alliant Energy’s dividend payout ratio is currently 59.61%.

Alliant Energy Company Profile

Alliant Energy Corporation is a public utility holding company headquartered in Madison, Wisconsin. Through its regulated utility subsidiaries, Interstate Power and Light Company and Wisconsin Power and Light Company, the company provides electric and natural gas service to residential, commercial, and industrial customers in Iowa and Wisconsin.

Alliant Energy’s operations include the generation, transmission, distribution, and sale of electricity, as well as the distribution and sale of natural gas.