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

Alliant Energy (NASDAQ:LNT) issued an update on its FY 2025 earnings guidance on Thursday morning. 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

Several equities research analysts recently commented on LNT shares. Barclays set a $65.00 price target on shares of Alliant Energy and gave the stock an “underweight” rating in a report on Tuesday, October 14th. Wall Street Zen raised Alliant Energy from a “sell” rating to a “hold” rating in a research note on Sunday, September 28th. BMO Capital Markets lifted their target price on shares of Alliant Energy from $68.00 to $71.00 and gave the stock a “market perform” rating in a research note on Friday, October 17th. UBS Group raised shares of Alliant Energy from a “neutral” rating to a “buy” rating and raised their target price for the stock from $74.00 to $79.00 in a research note on Friday, October 24th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Alliant Energy in a research note on Wednesday, October 8th. Five analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $69.00.

Alliant Energy Stock Performance

NASDAQ LNT opened at $66.74 on Friday. The business has a 50 day moving average price of $66.38 and a 200 day moving average price of $63.90. The company has a market capitalization of $17.15 billion, a P/E ratio of 20.60, a PEG ratio of 3.20 and a beta of 0.57. The company has a debt-to-equity ratio of 1.35, a current ratio of 0.57 and a quick ratio of 0.46. Alliant Energy has a 1-year low of $56.08 and a 1-year high of $69.75.

Alliant Energy (NASDAQ:LNT) last posted its quarterly earnings data on Thursday, November 6th. The company reported $1.12 EPS for the quarter, missing analysts’ consensus estimates of $1.14 by ($0.02). The company had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.34 billion. Alliant Energy had a net margin of 20.07% and a return on equity of 12.25%. The company’s revenue was up 11.9% compared to the same quarter last year. During the same period in the prior year, the company earned $1.15 EPS. Alliant Energy has set its FY 2025 guidance at 3.170-3.23 EPS. Sell-side analysts expect that Alliant Energy will post 3.23 EPS for the current fiscal year.

Alliant Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, November 17th. Shareholders of record on Friday, October 31st will be issued a $0.5075 dividend. This represents a $2.03 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date is Friday, October 31st. Alliant Energy’s dividend payout ratio is currently 62.65%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Occudo Quantitative Strategies LP bought a new position in shares of Alliant Energy in the second quarter worth $761,000. Captrust Financial Advisors boosted its holdings in shares of Alliant Energy by 4.0% in the second quarter. Captrust Financial Advisors now owns 12,289 shares of the company’s stock valued at $743,000 after acquiring an additional 474 shares in the last quarter. Vident Advisory LLC increased its stake in shares of Alliant Energy by 94.6% during the second quarter. Vident Advisory LLC now owns 12,150 shares of the company’s stock valued at $735,000 after acquiring an additional 5,908 shares during the period. Security National Bank of Sioux City Iowa IA bought a new stake in Alliant Energy during the second quarter worth approximately $428,000. Finally, Empowered Funds LLC lifted its holdings in shares of Alliant Energy by 18.8% in the first quarter. Empowered Funds LLC now owns 6,166 shares of the company’s stock valued at $397,000 after buying an additional 974 shares during the period. 79.90% of the stock is owned by institutional investors and hedge funds.

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.