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

Alliant Energy (NASDAQ:LNT) 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 -.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. Wells Fargo & Company reduced their target price on Alliant Energy from $66.00 to $65.00 and set an “overweight” rating for the company in a research note on Monday, November 4th. Barclays reduced their price objective on Alliant Energy from $61.00 to $59.00 and set an “equal weight” rating for the company in a research note on Wednesday, November 6th. BMO Capital Markets lowered their target price on Alliant Energy from $65.00 to $61.00 and set a “market perform” rating on the stock in a research report on Monday, November 4th. Finally, Scotiabank cut Alliant Energy from a “sector outperform” rating to a “sector perform” rating and increased their target price for the stock from $64.00 to $67.00 in a report on Thursday, December 12th. Six research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, Alliant Energy has an average rating of “Hold” and a consensus price target of $63.39.

Alliant Energy Stock Down 0.0 %

Shares of LNT stock traded down $0.03 during trading hours on Thursday, reaching $61.62. The company had a trading volume of 3,246,987 shares, compared to its average volume of 1,561,981. The company has a market cap of $15.81 billion, a price-to-earnings ratio of 23.88, a price-to-earnings-growth ratio of 2.83 and a beta of 0.60. The company has a debt-to-equity ratio of 1.33, a current ratio of 0.86 and a quick ratio of 0.72. Alliant Energy has a 12 month low of $46.80 and a 12 month high of $64.19. The business has a fifty day simple moving average of $59.37 and a 200-day simple moving average of $59.59.

Alliant Energy (NASDAQ:LNT) last issued its quarterly earnings data on Thursday, February 20th. The company reported $0.70 earnings per share for the quarter, beating 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%. On average, research analysts expect that Alliant Energy will post 3.03 earnings per share for the current fiscal year.

Alliant Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Friday, January 31st were given a $0.5075 dividend. This represents a $2.03 dividend on an annualized basis and a yield of 3.29%. This is an increase from Alliant Energy’s previous quarterly dividend of $0.48. The ex-dividend date of this dividend was Friday, January 31st. Alliant Energy’s dividend payout ratio is presently 78.68%.

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.