Alliant Energy (NASDAQ:LNT) Issues FY 2025 Earnings Guidance

Alliant Energy (NASDAQ:LNT) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 3.170-3.23 for the period, compared to the consensus earnings per share estimate of 3.220. The company issued revenue guidance of -.

Alliant Energy Stock Down 0.2%

Shares of Alliant Energy stock traded down $0.11 during trading on Thursday, hitting $66.74. 2,143,034 shares of the stock traded hands, compared to its average volume of 1,981,437. The company has a current ratio of 0.57, a quick ratio of 0.46 and a debt-to-equity ratio of 1.35. The stock’s fifty day simple moving average is $66.34 and its 200 day simple moving average is $63.88. The firm has a market cap of $17.15 billion, a P/E ratio of 20.60, a price-to-earnings-growth ratio of 3.20 and a beta of 0.57. Alliant Energy has a 52-week low of $56.08 and a 52-week high of $69.75.

Alliant Energy (NASDAQ:LNT) last released its quarterly earnings data on Thursday, August 7th. The company reported $0.68 earnings per share for the quarter, beating the consensus estimate of $0.62 by $0.06. The firm had revenue of $961.00 million during the quarter, compared to the consensus estimate of $977.15 million. Alliant Energy had a return on equity of 12.25% and a net margin of 20.07%.The firm’s quarterly revenue was up 7.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.57 earnings per share. On average, equities analysts predict that Alliant Energy will post 3.23 earnings per share for the current fiscal year.

Alliant Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, November 17th. Shareholders of record on Friday, October 31st will be issued a dividend of $0.5075 per share. The ex-dividend date is Friday, October 31st. This represents a $2.03 dividend on an annualized basis and a yield of 3.0%. Alliant Energy’s dividend payout ratio is currently 62.65%.

Analyst Ratings Changes

Several brokerages recently issued reports on LNT. Barclays set a $65.00 target price on Alliant Energy and gave the company an “underweight” rating in a research report on Tuesday, October 14th. Bank of America upped their target price on Alliant Energy from $70.00 to $74.00 and gave the company a “buy” rating in a research report on Friday, October 17th. BMO Capital Markets upped their target price on Alliant Energy from $68.00 to $71.00 and gave the company a “market perform” rating in a research report on Friday, October 17th. Wall Street Zen raised Alliant Energy from a “sell” rating to a “hold” rating in a report on Sunday, September 28th. Finally, UBS Group raised Alliant Energy from a “neutral” rating to a “buy” rating and increased their price objective for the company from $74.00 to $79.00 in a report on Friday, October 24th. Five investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $69.00.

Institutional Trading of Alliant Energy

A number of hedge funds have recently modified their holdings of LNT. MUFG Securities EMEA plc purchased a new stake in shares of Alliant Energy in the second quarter worth about $46,000. Geneos Wealth Management Inc. boosted its stake in shares of Alliant Energy by 23.5% in the first quarter. Geneos Wealth Management Inc. now owns 1,256 shares of the company’s stock worth $81,000 after buying an additional 239 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of Alliant Energy by 220.4% in the second quarter. EverSource Wealth Advisors LLC now owns 1,583 shares of the company’s stock worth $96,000 after buying an additional 1,089 shares during the last quarter. Brown Advisory Inc. boosted its position in Alliant Energy by 7.0% during the second quarter. Brown Advisory Inc. now owns 4,261 shares of the company’s stock worth $258,000 after purchasing an additional 278 shares in the last quarter. Finally, Financial Advisors Network Inc. boosted its position in Alliant Energy by 13.9% during the second quarter. Financial Advisors Network Inc. now owns 5,395 shares of the company’s stock worth $326,000 after purchasing an additional 658 shares in the last quarter. Hedge funds and other institutional investors own 79.90% of the company’s stock.

Alliant Energy Company Profile

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.