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

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

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on LNT. Weiss Ratings reiterated a “buy (b-)” rating on shares of Alliant Energy in a research report on Wednesday, October 8th. BMO Capital Markets increased their target price on Alliant Energy from $68.00 to $71.00 and gave the company a “market perform” rating in a report on Friday, October 17th. Bank of America increased their target price on Alliant Energy from $70.00 to $74.00 and gave the company a “buy” rating in a report on Friday, October 17th. Barclays set a $65.00 target price on Alliant Energy and gave the company an “underweight” rating in a report on Tuesday, October 14th. Finally, UBS Group raised Alliant Energy from a “neutral” rating to a “buy” rating and increased their target price for the company from $74.00 to $79.00 in a report on Friday, October 24th. Five equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $69.00.

Alliant Energy Trading Down 0.2%

Alliant Energy stock traded down $0.11 during midday trading on Thursday, hitting $66.74. 2,143,034 shares of the stock were exchanged, 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 50-day simple moving average is $66.34 and its 200 day simple moving average is $63.88. Alliant Energy has a fifty-two week low of $56.08 and a fifty-two week high of $69.75. The stock has a market capitalization of $17.15 billion, a price-to-earnings ratio of 20.60, a PEG ratio of 3.20 and a beta of 0.57.

Alliant Energy (NASDAQ:LNT) last posted its quarterly earnings results 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 business had revenue of $961.00 million during the quarter, compared to analysts’ expectations of $977.15 million. Alliant Energy had a net margin of 20.07% and a return on equity of 12.25%. The business’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.57 EPS. On average, equities analysts anticipate that Alliant Energy will post 3.23 EPS for the current year.

Alliant Energy Dividend Announcement

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

Institutional Investors Weigh In On Alliant Energy

Several hedge funds and other institutional investors have recently added to or reduced their stakes in LNT. Balyasny Asset Management L.P. acquired a new stake in Alliant Energy during the second quarter worth $82,265,000. Goldman Sachs Group Inc. increased its stake in Alliant Energy by 98.7% during the first quarter. Goldman Sachs Group Inc. now owns 1,084,562 shares of the company’s stock worth $69,792,000 after acquiring an additional 538,603 shares during the last quarter. Squarepoint Ops LLC increased its stake in Alliant Energy by 282.5% during the second quarter. Squarepoint Ops LLC now owns 355,063 shares of the company’s stock worth $21,471,000 after acquiring an additional 262,241 shares during the last quarter. Qube Research & Technologies Ltd increased its stake in Alliant Energy by 140.7% during the second quarter. Qube Research & Technologies Ltd now owns 311,293 shares of the company’s stock worth $18,824,000 after acquiring an additional 181,976 shares during the last quarter. Finally, Alliancebernstein L.P. increased its stake in Alliant Energy by 27.3% during the second quarter. Alliancebernstein L.P. now owns 730,852 shares of the company’s stock worth $44,195,000 after acquiring an additional 156,956 shares during the last quarter. Institutional investors and hedge funds own 79.90% of the company’s stock.

About Alliant Energy

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.