Alliant Energy (NASDAQ:LNT – Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 3.150-3.250 for the period, compared to the consensus estimate of 3.230. The company issued revenue guidance of -.
Wall Street Analysts Forecast Growth
Several brokerages recently issued reports on LNT. Wells Fargo & Company reduced their price objective on shares of Alliant Energy from $66.00 to $65.00 and set an “overweight” rating on the stock in a report on Monday, November 4th. Scotiabank lowered shares of Alliant Energy from a “sector outperform” rating to a “sector perform” rating and boosted their price target for the stock from $64.00 to $67.00 in a research note on Thursday, December 12th. BMO Capital Markets cut their price target on shares of Alliant Energy from $65.00 to $61.00 and set a “market perform” rating on the stock in a research note on Monday, November 4th. Finally, Barclays cut their price target on shares of Alliant Energy from $61.00 to $59.00 and set an “equal weight” rating on the stock in a research note on Wednesday, November 6th. Six analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $63.39.
View Our Latest Analysis on LNT
Alliant Energy Stock Performance
Alliant Energy (NASDAQ:LNT – Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The company reported $0.70 EPS for the quarter, topping the consensus estimate of $0.68 by $0.02. Alliant Energy had a return on equity of 10.56% and a net margin of 16.66%. As a group, research analysts forecast that Alliant Energy will post 3.03 earnings per share for the current fiscal year.
Alliant Energy Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Friday, January 31st were paid a dividend of $0.5075 per share. This represents a $2.03 annualized dividend and a dividend yield of 3.29%. The ex-dividend date of this dividend was Friday, January 31st. This is a boost from Alliant Energy’s previous quarterly dividend of $0.48. Alliant Energy’s dividend payout ratio is 78.68%.
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.
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