Zacks Research Forecasts Reduced Earnings for Alliant Energy

Alliant Energy Co. (NASDAQ:LNTFree Report) – Zacks Research lowered their Q1 2025 earnings per share (EPS) estimates for shares of Alliant Energy in a research report issued on Thursday, March 13th. Zacks Research analyst R. Department now anticipates that the company will post earnings per share of $0.53 for the quarter, down from their previous forecast of $0.65. The consensus estimate for Alliant Energy’s current full-year earnings is $3.23 per share. Zacks Research also issued estimates for Alliant Energy’s Q2 2025 earnings at $0.51 EPS and Q3 2025 earnings at $1.07 EPS.

Alliant Energy (NASDAQ:LNTGet Free Report) last released 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 11.39% and a net margin of 17.33%. The firm had revenue of $976.00 million during the quarter, compared to the consensus estimate of $1.14 billion.

Other equities research analysts have also recently issued research reports about the company. Guggenheim reiterated a “neutral” rating and set a $57.00 target price on shares of Alliant Energy in a report on Monday, February 24th. BMO Capital Markets increased their target price on Alliant Energy from $60.00 to $66.00 and gave the company a “market perform” rating in a report on Monday, February 24th. Finally, Scotiabank cut Alliant Energy from a “sector outperform” rating to a “sector perform” rating and increased their target price for the company from $64.00 to $67.00 in a report on Thursday, December 12th. Seven 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 presently has a consensus rating of “Hold” and an average price target of $63.25.

View Our Latest Stock Analysis on LNT

Alliant Energy Price Performance

Shares of NASDAQ:LNT opened at $62.95 on Monday. The business’s fifty day moving average price is $60.73 and its two-hundred day moving average price is $60.37. The stock has a market cap of $16.16 billion, a PE ratio of 23.40, a price-to-earnings-growth ratio of 2.83 and a beta of 0.54. The company has a debt-to-equity ratio of 1.33, a quick ratio of 0.72 and a current ratio of 0.86. Alliant Energy has a one year low of $47.23 and a one year high of $66.54.

Institutional Investors Weigh In On Alliant Energy

Several hedge funds have recently made changes to their positions in the business. Dogwood Wealth Management LLC boosted its holdings in shares of Alliant Energy by 10.3% during the fourth quarter. Dogwood Wealth Management LLC now owns 9,902 shares of the company’s stock worth $586,000 after purchasing an additional 927 shares during the last quarter. LifeWealth Investments LLC acquired a new position in Alliant Energy in the fourth quarter valued at $257,000. Columbia River Financial Group LLC acquired a new position in Alliant Energy in the fourth quarter valued at $456,000. Public Employees Retirement System of Ohio acquired a new position in Alliant Energy in the fourth quarter valued at $5,206,000. Finally, GTS Securities LLC acquired a new position in Alliant Energy in the fourth quarter valued at $221,000. Institutional investors and hedge funds own 79.90% of the company’s stock.

Alliant Energy Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Friday, January 31st were issued a dividend of $0.5075 per share. This is a boost from Alliant Energy’s previous quarterly dividend of $0.48. The ex-dividend date was Friday, January 31st. This represents a $2.03 annualized dividend and a dividend yield of 3.22%. Alliant Energy’s dividend payout ratio (DPR) is 75.46%.

About Alliant Energy

(Get Free Report)

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.

See Also

Earnings History and Estimates for Alliant Energy (NASDAQ:LNT)

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