Scotiabank Predicts Alliant Energy FY2026 Earnings

Alliant Energy Co. (NASDAQ:LNT) – Scotiabank issued their FY2026 EPS estimates for shares of Alliant Energy in a report released on Wednesday, January 8th. Scotiabank analyst A. Weisel forecasts that the company will post earnings per share of $3.42 for the year. Scotiabank has a “Sector Perform” rating and a $67.00 price objective on the stock. The consensus estimate for Alliant Energy’s current full-year earnings is $3.04 per share.

Other equities research analysts have also recently issued reports about the stock. UBS Group lifted their price objective on shares of Alliant Energy from $64.00 to $65.00 and gave the stock a “neutral” rating in a research report on Friday, September 20th. Mizuho increased their price target on shares of Alliant Energy from $52.00 to $61.00 and gave the company a “neutral” rating in a research note on Friday, October 4th. Wells Fargo & Company reduced their price objective on shares of Alliant Energy from $66.00 to $65.00 and set an “overweight” rating for the company in a research report on Monday, November 4th. Jefferies Financial Group initiated coverage on shares of Alliant Energy in a research report on Thursday, September 19th. They issued a “hold” rating and a $67.00 target price on the stock. Finally, Barclays cut their price target on shares of Alliant Energy from $61.00 to $59.00 and set an “equal weight” rating on the stock in a research note on Wednesday, November 6th. Six equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $63.39.

Alliant Energy Stock Up 1.5 %

Shares of Alliant Energy stock opened at $58.20 on Thursday. The company has a quick ratio of 0.72, a current ratio of 0.86 and a debt-to-equity ratio of 1.33. Alliant Energy has a 52-week low of $46.80 and a 52-week high of $64.19. The company has a market capitalization of $14.93 billion, a P/E ratio of 22.56, a P/E/G ratio of 2.98 and a beta of 0.60. The company has a 50 day moving average of $60.09 and a 200 day moving average of $58.30.

Alliant Energy (NASDAQ:LNT) last released its earnings results on Thursday, October 31st. The company reported $1.15 EPS for the quarter, topping the consensus estimate of $1.10 by $0.05. The firm had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.08 billion. Alliant Energy had a return on equity of 10.56% and a net margin of 16.66%. Alliant Energy’s revenue for the quarter was up .4% on a year-over-year basis. During the same period in the previous year, the firm posted $1.05 EPS.

Alliant Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Thursday, October 31st were paid a dividend of $0.48 per share. The ex-dividend date was Thursday, October 31st. This represents a $1.92 annualized dividend and a dividend yield of 3.30%. Alliant Energy’s dividend payout ratio (DPR) is 74.42%.

Institutional Investors Weigh In On Alliant Energy

Several large investors have recently modified their holdings of LNT. Larson Financial Group LLC raised its position in Alliant Energy by 7,083.3% during the 3rd quarter. Larson Financial Group LLC now owns 431 shares of the company’s stock worth $26,000 after buying an additional 425 shares during the last quarter. Northwest Investment Counselors LLC purchased a new position in Alliant Energy during the third quarter worth about $28,000. Eastern Bank acquired a new stake in Alliant Energy in the third quarter valued at about $30,000. JNBA Financial Advisors purchased a new stake in Alliant Energy in the 3rd quarter valued at approximately $31,000. Finally, Kimelman & Baird LLC acquired a new position in Alliant Energy during the 2nd quarter worth approximately $41,000. Hedge funds and other institutional investors own 79.90% of the company’s stock.

Alliant Energy Company Profile

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.