Alliant Energy (NASDAQ:LNT – Get Free Report) was downgraded by equities researchers at Wall Street Zen from a “sell” rating to a “strong sell” rating in a report released on Saturday, Wall Street Zen reports.
Several other equities research analysts have also recently issued reports on the stock. TD Cowen initiated coverage on shares of Alliant Energy in a research note on Tuesday, July 7th. They set a “hold” rating and a $83.00 target price on the stock. Barclays set a $68.00 target price on shares of Alliant Energy and gave the company an “equal weight” rating in a research report on Tuesday, October 13th. Mizuho lowered their price target on shares of Alliant Energy from $76.00 to $75.00 and set a “neutral” rating on the stock in a research report on Monday, August 3rd. Jefferies Financial Group reaffirmed a “buy” rating and set a $75.00 price objective on shares of Alliant Energy in a research note on Monday, October 12th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Alliant Energy in a report on Monday. Seven research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Alliant Energy currently has an average rating of “Moderate Buy” and a consensus target price of $74.68.
Check Out Our Latest Analysis on LNT
Alliant Energy Price Performance
Shares of Alliant Energy stock opened at $71.65 on Friday. The business has a 50 day simple moving average of $66.96 and a two-hundred day simple moving average of $70.48. Alliant Energy has a 12 month low of $62.54 and a 12 month high of $78.81. The stock has a market capitalization of $18.58 billion, a P/E ratio of 19.96, a PEG ratio of 2.98 and a beta of 0.52. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.47 and a quick ratio of 0.35.
Alliant Energy (NASDAQ:LNT – Get Free Report) last released its earnings results on Thursday, October 29th. The company reported $1.52 earnings per share for the quarter, beating the consensus estimate of $1.31 by $0.21. Alliant Energy had a return on equity of 12.59% and a net margin of 20.74%. The business had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.26 billion. During the same quarter last year, the business posted $1.12 earnings per share. The business’s quarterly revenue was up 6.2% compared to the same quarter last year. As a group, analysts predict that Alliant Energy will post 3.43 EPS for the current fiscal year.
Institutional Investors Weigh In On Alliant Energy
A number of institutional investors have recently made changes to their positions in LNT. Cedar Mountain Advisors LLC acquired a new stake in shares of Alliant Energy during the second quarter worth $26,000. Clearstead Trust LLC purchased a new position in Alliant Energy during the second quarter worth about $27,000. Barrow Hanley Mewhinney & Strauss LLC acquired a new stake in Alliant Energy in the second quarter valued at about $32,000. Continuum Advisory LLC purchased a new stake in Alliant Energy in the 2nd quarter valued at approximately $40,000. Finally, Fortress Financial Group LLC purchased a new stake in Alliant Energy in the 2nd quarter valued at approximately $2,063,000. 79.90% of the stock is currently owned by institutional investors and hedge funds.
Alliant Energy News Summary
Here are the key news stories impacting Alliant Energy this week:
- Positive Sentiment: Q3 results exceeded expectations. Adjusted earnings were $1.52 per share, above the $1.31 analyst consensus, while revenue rose 6.2% year over year to $1.28 billion, topping the $1.26 billion estimate. Earnings also increased from $1.12 per share in the year-ago quarter. Alliant Energy Q3 earnings flash
- Positive Sentiment: Higher utility demand is supporting growth. The earnings beat was driven by stronger utility revenues and demand, suggesting favorable operating momentum for Alliant Energy’s regulated businesses. Alliant Energy Q3 earnings surpass estimates
- Positive Sentiment: Long-term investment plans were increased. Alliant expanded its capital spending plan to $15.9 billion, with data-center-related demand cited as a key growth driver. Greater infrastructure investment could support future rate-base expansion and earnings growth. Alliant Energy Q3 2026 earnings call transcript
- Neutral Sentiment: Management also provided 2027 guidance. The outlook offers investors additional visibility, although the supplied reports do not provide the specific guidance figures or detail how the larger capital program will affect financing needs and future returns. Alliant Energy announces third quarter results and 2027 guidance
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.
Featured Articles
- Five stocks we like better than Alliant Energy
- MarketBeat Week in Review – 10/26 – 10/30
- Amazon’s Record Margins Couldn’t Stop the Sell-Off—Here’s Why
- DoorDash’s $17 Billion Bet on Instacart Faces a Long Regulatory Road Ahead
- FTC Puts A Wrinkle In the Cintas and UniFirst Merger
Receive News & Ratings for Alliant Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alliant Energy and related companies with MarketBeat.com's FREE daily email newsletter.
