Analysts Set Expectations for Alliant Energy FY2028 Earnings

Alliant Energy Corporation (NASDAQ:LNT) – Stock analysts at Zacks Research boosted their FY2028 earnings estimates for Alliant Energy in a research report issued on Monday, October 5th. Zacks Research analyst Team now forecasts that the company will post earnings of $4.06 per share 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.

Alliant Energy (NASDAQ:LNT) last released its earnings results 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 analyst estimates of $896.94 million. Alliant Energy had a net margin of 18.45% and a return on equity of 11.16%. The firm’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.68 earnings per share. Alliant Energy has set its FY 2026 guidance at 3.360-3.460 EPS.

Several other research firms have also weighed in on LNT. Wall Street Zen upgraded shares of Alliant Energy from a “strong sell” rating to a “sell” rating in a research note on Sunday, September 20th. Mizuho decreased their target price on Alliant Energy from $76.00 to $75.00 and set a “neutral” rating for the company in a research note on Monday, August 3rd. BMO Capital Markets lowered their target price on Alliant Energy from $80.00 to $78.00 and set an “outperform” rating for the company in a report on Monday, August 3rd. Weiss Ratings lowered Alliant Energy from a “buy (b+)” rating to a “buy (b)” rating in a report on Tuesday, July 28th. Finally, TD Cowen began coverage on Alliant Energy in a research report on Tuesday, July 7th. They set a “hold” rating and a $83.00 price target on the stock. Nine research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, Alliant Energy currently has an average rating of “Moderate Buy” and a consensus target price of $77.00.

Alliant Energy Trading Up 1.9%

NASDAQ LNT opened at $65.49 on Tuesday. Alliant Energy has a one year low of $62.54 and a one year high of $78.81. The company has a 50-day simple moving average of $67.62 and a 200-day simple moving average of $71.22. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.35 and a current ratio of 0.47. The firm has a market capitalization of $16.98 billion, a PE ratio of 20.72, a price-to-earnings-growth ratio of 2.71 and a beta of 0.52.

Alliant Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Investors of record on Friday, July 31st were issued a $0.5350 dividend. This represents a $2.14 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend was Friday, July 31st. Alliant Energy’s dividend payout ratio (DPR) is 67.72%.

Institutional Trading of Alliant Energy

Several hedge funds have recently bought and sold shares of LNT. Cedar Mountain Advisors LLC bought a new position in Alliant Energy in the 2nd quarter worth about $26,000. Clearstead Trust LLC bought a new stake in shares of Alliant Energy during the second quarter valued at approximately $27,000. Barrow Hanley Mewhinney & Strauss LLC bought a new stake in shares of Alliant Energy during the second quarter valued at approximately $32,000. Continuum Advisory LLC acquired a new position in shares of Alliant Energy during the second quarter worth approximately $40,000. Finally, Western Wealth Management LLC acquired a new position in shares of Alliant Energy during the first quarter worth approximately $41,000. 79.90% of the stock is currently owned by institutional investors.

Alliant Energy Company Profile

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.