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

Alliant Energy (NASDAQ:LNT) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 3.150-3.250 for the period, compared to the consensus estimate of 3.230. The company issued revenue guidance of -.

Alliant Energy Stock Performance

Shares of NASDAQ:LNT traded down $0.03 during mid-day trading on Thursday, reaching $61.62. The company had a trading volume of 3,246,987 shares, compared to its average volume of 1,561,981. The company’s 50-day moving average price is $59.37 and its 200-day moving average price is $59.59. Alliant Energy has a one year low of $46.80 and a one year high of $64.19. The firm has a market cap of $15.81 billion, a price-to-earnings ratio of 23.88, a PEG ratio of 2.83 and a beta of 0.60. The company has a current ratio of 0.86, a quick ratio of 0.72 and a debt-to-equity ratio of 1.33.

Alliant Energy (NASDAQ:LNT) last issued its earnings results on Thursday, February 20th. The company reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.02. Alliant Energy had a return on equity of 10.56% and a net margin of 16.66%. As a group, equities research analysts anticipate that Alliant Energy will post 3.03 EPS for the current fiscal year.

Alliant Energy Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 18th. Shareholders of record on Friday, January 31st were given a dividend of $0.5075 per share. This represents a $2.03 dividend on an annualized basis and a yield of 3.29%. The ex-dividend date of this dividend was Friday, January 31st. This is a positive change from Alliant Energy’s previous quarterly dividend of $0.48. Alliant Energy’s dividend payout ratio (DPR) is currently 78.68%.

Analysts Set New Price Targets

A number of brokerages recently commented on LNT. Scotiabank cut shares of Alliant Energy from a “sector outperform” rating to a “sector perform” rating and upped their price target for the company from $64.00 to $67.00 in a research note on Thursday, December 12th. BMO Capital Markets dropped their target price on Alliant Energy from $65.00 to $61.00 and set a “market perform” rating on the stock in a research report on Monday, November 4th. Wells Fargo & Company cut their price target on Alliant Energy from $66.00 to $65.00 and set an “overweight” rating for the company in a report on Monday, November 4th. Finally, Barclays decreased their price objective on 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 analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $63.39.

About Alliant Energy

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.