Alliant Energy (NASDAQ:LNT) Issues 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 3.260. The company issued revenue guidance of -. Alliant Energy also updated its FY 2024 guidance to 2.990-3.060 EPS.

Wall Street Analyst Weigh In

Several research firms have weighed in on LNT. LADENBURG THALM/SH SH raised Alliant Energy from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $50.00 to $62.50 in a research report on Tuesday, August 13th. Barclays increased their price target on shares of Alliant Energy from $55.00 to $61.00 and gave the company an “equal weight” rating in a research report on Monday, October 14th. BMO Capital Markets lifted their price objective on shares of Alliant Energy from $58.00 to $60.00 and gave the stock a “market perform” rating in a research report on Tuesday, August 6th. Wells Fargo & Company increased their target price on shares of Alliant Energy from $62.00 to $66.00 and gave the company an “overweight” rating in a research report on Wednesday, October 16th. Finally, Bank of America raised their price target on shares of Alliant Energy from $62.00 to $63.00 and gave the stock a “buy” rating in a research note on Thursday, August 29th. Five equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, Alliant Energy presently has a consensus rating of “Hold” and an average target price of $63.28.

Alliant Energy Price Performance

Shares of NASDAQ:LNT traded up $0.72 on Thursday, hitting $60.00. The company’s stock had a trading volume of 3,108,115 shares, compared to its average volume of 1,589,523. Alliant Energy has a 1 year low of $46.80 and a 1 year high of $62.49. The company has a debt-to-equity ratio of 1.31, a current ratio of 0.65 and a quick ratio of 0.48. The company has a market capitalization of $15.39 billion, a PE ratio of 24.58, a PEG ratio of 2.91 and a beta of 0.58. The company has a 50-day simple moving average of $59.85 and a 200 day simple moving average of $54.90.

Alliant Energy (NASDAQ:LNT) last posted its quarterly earnings data on Thursday, August 1st. The company reported $0.57 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.64 by ($0.07). The firm had revenue of $894.00 million during the quarter, compared to analysts’ expectations of $897.03 million. Alliant Energy had a return on equity of 10.23% and a net margin of 15.77%. Alliant Energy’s revenue for the quarter was down 2.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.64 earnings per share. Sell-side analysts forecast that Alliant Energy will post 3.06 EPS for the current fiscal year.

Alliant Energy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 15th. Shareholders of record on Thursday, October 31st will be paid a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 3.20%. The ex-dividend date is Thursday, October 31st. Alliant Energy’s dividend payout ratio is presently 78.37%.

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.