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

Alliant Energy (NASDAQ:LNT) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 3.150-3.250 for the period, compared to the consensus earnings per share estimate of 3.260. The company issued revenue guidance of -. Alliant Energy also updated its FY 2024 guidance to 2.990-3.060 EPS.

Alliant Energy Stock Performance

Shares of NASDAQ LNT traded down $2.26 during trading hours on Friday, reaching $57.74. 3,222,744 shares of the stock were exchanged, compared to its average volume of 1,392,841. The stock’s fifty day simple moving average is $59.89 and its 200 day simple moving average is $55.10. The firm has a market capitalization of $14.81 billion, a price-to-earnings ratio of 22.38, a P/E/G ratio of 2.88 and a beta of 0.58. Alliant Energy has a 52 week low of $46.80 and a 52 week high of $62.49. The company has a debt-to-equity ratio of 1.31, a quick ratio of 0.48 and a current ratio of 0.65.

Alliant Energy (NASDAQ:LNT) last announced its quarterly earnings data on Thursday, October 31st. The company reported $1.15 earnings per share for the quarter, beating the consensus estimate of $1.10 by $0.05. Alliant Energy had a return on equity of 10.62% and a net margin of 16.66%. The firm had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.08 billion. During the same period in the previous year, the firm earned $1.05 EPS. The company’s quarterly revenue was up .4% compared to the same quarter last year. Sell-side analysts predict that Alliant Energy will post 3.05 EPS for the current year.

Alliant Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 31st will be paid a $0.48 dividend. The ex-dividend date is Thursday, October 31st. This represents a $1.92 annualized dividend and a dividend yield of 3.33%. Alliant Energy’s dividend payout ratio is 74.42%.

Analysts Set New Price Targets

A number of equities research analysts have commented on LNT shares. Bank of America raised their price objective on Alliant Energy from $62.00 to $63.00 and gave the company a “buy” rating in a research note on Thursday, August 29th. UBS Group upped their price objective on shares of Alliant Energy from $64.00 to $65.00 and gave the stock a “neutral” rating in a report on Friday, September 20th. Scotiabank lifted their target price on Alliant Energy from $58.00 to $64.00 and gave the company a “sector outperform” rating in a research report on Tuesday, August 20th. Barclays boosted their price target on shares of Alliant Energy from $55.00 to $61.00 and gave the stock an “equal weight” rating in a report on Monday, October 14th. Finally, Wells Fargo & Company increased their price objective on shares of Alliant Energy from $62.00 to $66.00 and gave the company an “overweight” rating in a research note on Wednesday, October 16th. Five analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $63.28.

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.