Scotiabank Predicts Alliant Energy FY2026 Earnings

Alliant Energy Co. (NASDAQ:LNT) – Stock analysts at Scotiabank issued their FY2026 earnings per share estimates for shares of Alliant Energy in a research report issued on Wednesday, January 8th. Scotiabank analyst A. Weisel forecasts that the company will post earnings per share of $3.42 for the year. Scotiabank currently 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.

Alliant Energy (NASDAQ:LNT) last released its quarterly earnings data on Thursday, October 31st. The company reported $1.15 earnings per share (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 net margin of 16.66% and a return on equity of 10.56%. Alliant Energy’s revenue was up .4% compared to the same quarter last year. During the same period last year, the business earned $1.05 earnings per share.

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

Alliant Energy Stock Up 1.5 %

Shares of NASDAQ LNT opened at $58.20 on Thursday. 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. Alliant Energy has a 1 year low of $46.80 and a 1 year high of $64.19. The company has a debt-to-equity ratio of 1.33, a current ratio of 0.86 and a quick ratio of 0.72. The company has a 50 day simple moving average of $60.12 and a 200-day simple moving average of $58.30.

Hedge Funds Weigh In On Alliant Energy

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

Alliant Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Thursday, October 31st were given a dividend of $0.48 per share. The ex-dividend date of this dividend was Thursday, October 31st. This represents a $1.92 dividend on an annualized basis and a yield of 3.30%. Alliant Energy’s payout ratio is currently 74.42%.

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.