Analysts Set Expectations for Alliant Energy FY2028 Earnings

Alliant Energy Corporation (NASDAQ:LNT) – Stock analysts at Zacks Research boosted their FY2028 earnings per share estimates for shares of Alliant Energy in a research note issued to investors on Monday, October 5th. Zacks Research analyst Team now forecasts that the company will post earnings per share of $4.06 for the year, up from their prior forecast of $4.02. The consensus estimate for Alliant Energy’s current full-year earnings is $3.43 per share.

Several other equities research analysts have also recently weighed in on the stock. Jefferies Financial Group reaffirmed a “buy” rating and set a $80.00 price objective on shares of Alliant Energy in a research report on Thursday, August 27th. TD Cowen began coverage on shares of Alliant Energy in a research report on Tuesday, July 7th. They issued a “hold” rating and a $83.00 target price for the company. Wall Street Zen upgraded shares of Alliant Energy from a “strong sell” rating to a “sell” rating in a research report on Sunday, September 20th. BMO Capital Markets cut their price target on shares of Alliant Energy from $80.00 to $78.00 and set an “outperform” rating for the company in a report on Monday, August 3rd. Finally, Weiss Ratings lowered shares of Alliant Energy from a “buy (b+)” rating to a “buy (b)” rating in a research report on Tuesday, July 28th. Nine analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $77.00.

Alliant Energy Stock Down 0.4%

Shares of NASDAQ LNT opened at $65.21 on Tuesday. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.35 and a current ratio of 0.47. Alliant Energy has a 52 week low of $62.54 and a 52 week high of $78.81. The stock has a market capitalization of $16.91 billion, a P/E ratio of 20.64, a PEG ratio of 2.76 and a beta of 0.52. The stock’s fifty day moving average is $67.48 and its 200 day moving average is $71.18.

Alliant Energy (NASDAQ:LNT) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.07. The firm had revenue of $971.00 million during the quarter, compared to analysts’ expectations of $896.94 million. Alliant Energy had a return on equity of 11.16% and a net margin of 18.45%.The company’s quarterly revenue was up 1.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.68 EPS. Alliant Energy has set its FY 2026 guidance at 3.360-3.460 EPS.

Alliant Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Investors of record on Friday, July 31st were given a dividend of $0.5350 per share. This represents a $2.14 annualized dividend and a dividend yield of 3.3%. The ex-dividend date was Friday, July 31st. Alliant Energy’s dividend payout ratio is currently 67.72%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Jupiter Topco LLC bought a new position in shares of Alliant Energy in the second quarter worth about $837,468,000. Janus Henderson Group PLC boosted its stake in shares of Alliant Energy by 1.2% in the 1st quarter. Janus Henderson Group PLC now owns 11,273,621 shares of the company’s stock valued at $808,996,000 after purchasing an additional 138,683 shares in the last quarter. Cohen & Steers Inc. boosted its stake in shares of Alliant Energy by 41.7% in the 4th quarter. Cohen & Steers Inc. now owns 3,614,890 shares of the company’s stock valued at $235,004,000 after purchasing an additional 1,063,268 shares in the last quarter. Magellan Asset Management Ltd bought a new stake in shares of Alliant Energy during the 2nd quarter valued at approximately $151,629,000. Finally, Legal & General Group Plc bought a new stake in shares of Alliant Energy during the 2nd quarter valued at approximately $143,968,000. Institutional investors own 79.90% of the company’s stock.

About Alliant Energy

Alliant Energy Corporation is a regulated energy holding company headquartered in Madison, Wisconsin. Through its 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.

The company generates and distributes electricity through a diverse portfolio that includes wind, solar, natural gas, and other generation resources. It also operates electric transmission and distribution networks and natural gas distribution systems, while investing in renewable energy and infrastructure modernization to support a more sustainable energy mix and reliable service.

Alliant Energy traces its history to the utility businesses that became part of the company through a series of mergers and reorganizations, including the formation of Alliant Energy Corporation in the late 1990s.