Alliant Energy (NASDAQ:LNT – Get Free Report) announced its quarterly earnings results on Thursday. The company reported $1.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.31 by $0.21, Zacks reports. The company had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.26 billion. Alliant Energy had a net margin of 20.74% and a return on equity of 12.59%. The firm’s revenue was up 6.2% on a year-over-year basis. During the same period in the previous year, the firm posted $1.12 EPS.
Alliant Energy Trading Up 1.4%
Shares of LNT traded up $0.97 during mid-day trading on Friday, reaching $71.65. 5,837,310 shares of the company were exchanged, compared to its average volume of 2,815,975. Alliant Energy has a 52 week low of $62.54 and a 52 week high of $78.81. 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 stock has a market capitalization of $18.58 billion, a PE ratio of 19.96, a PEG ratio of 2.98 and a beta of 0.52. 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 Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, November 16th. Stockholders of record on Friday, October 30th will be paid a $0.5350 dividend. The ex-dividend date of this dividend is Friday, October 30th. This represents a $2.14 annualized dividend and a dividend yield of 3.0%. Alliant Energy’s dividend payout ratio is presently 59.61%.
Wall Street Analyst Weigh In
Several brokerages have recently issued reports on LNT. Barclays set a $68.00 price target on shares of Alliant Energy and gave the stock an “equal weight” rating in a report on Tuesday, October 13th. Royal Bank Of Canada set a $75.00 price objective on Alliant Energy in a report on Wednesday, October 14th. TD Cowen initiated coverage on Alliant Energy in a research report on Tuesday, July 7th. They set a “hold” rating and a $83.00 price objective on the stock. Jefferies Financial Group reaffirmed a “buy” rating and issued a $75.00 target price on shares of Alliant Energy in a report on Monday, October 12th. Finally, Wall Street Zen cut Alliant Energy from a “sell” rating to a “strong sell” rating in a report on Saturday. Seven research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Alliant Energy currently has an average rating of “Moderate Buy” and an average target price of $74.68.
Get Our Latest Research Report on Alliant Energy
Key Stories Impacting Alliant Energy
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.
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