Alliant Energy Corporation (LNT)

NASDAQ: LNT · IEX Real-Time Price · USD
54.71
-0.30 (-0.55%)
Jul 19, 2024, 10:55 AM EDT - Market open
-0.55%
Market Cap 14.04B
Revenue (ttm) 3.98B
Net Income (ttm) 698.00M
Shares Out 256.38M
EPS (ttm) 2.75
PE Ratio 20.00
Forward PE 18.08
Dividend $1.92 (3.49%)
Ex-Dividend Date Jul 31, 2024
Volume 213,461
Open 55.13
Previous Close 55.01
Day's Range 54.71 - 55.28
52-Week Range 45.15 - 56.30
Beta 0.56
Analysts Buy
Price Target 52.63 (-3.8%)
Earnings Date Aug 1, 2024

About LNT

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 distri... [Read more]

Sector Utilities
Founded 1917
Employees 5,442
Stock Exchange NASDAQ
Ticker Symbol LNT
Full Company Profile

Financial Performance

In 2023, Alliant Energy's revenue was $4.03 billion, a decrease of -4.23% compared to the previous year's $4.21 billion. Earnings were $703.00 million, an increase of 2.48%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for LNT stock is "Buy." The 12-month stock price forecast is $52.63, which is a decrease of -3.80% from the latest price.

Price Target
$52.63
(-3.80% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Alliant Energy Corporation Declares Quarterly Common Stock Dividend

MADISON, Wis.--(BUSINESS WIRE)--The Alliant Energy Corporation (NASDAQ: LNT) Board of Directors today declared a quarterly cash dividend of $0.48 per share payable on August 15, 2024, to shareowners o...

6 days ago - Business Wire

Alliant Energy Corporation Announces Second Quarter 2024 Earnings Release and Conference Call

MADISON, Wis.--(BUSINESS WIRE)--Alliant Energy Corporation (NASDAQ: LNT) has scheduled its second quarter 2024 earnings release for Thursday, August 1st, after market close. A conference call to revie...

7 days ago - Business Wire

12 Stocks to Buy Before the Fed Cuts Rates

The next move is almost certainly lower, which should benefit dividend payers, home builders, and auto makers.

Other symbols: AMTCMCSAFGMHDKBHKHC
16 days ago - Barrons

Alliant Energy Finance, LLC Announces Pricing of Senior Notes Offering

MADISON, Wis.--(BUSINESS WIRE)--Alliant Energy Finance, LLC (“AEF”), a wholly owned subsidiary of Alliant Energy Corporation (the “Company”) (NASDAQ: LNT), announced the pricing of a private offering ...

6 weeks ago - Business Wire

Grant County Solar Project completion marks milestone in Wisconsin clean energy

MADISON, Wis.--(BUSINESS WIRE)--Alliant Energy announced it successfully completed constructing its Grant County Solar Project. The 200-megawatt (MW) solar array in Potosi, Wisconsin, can generate eno...

7 weeks ago - Business Wire

Alliant Energy Announces First Quarter 2024 Results

MADISON, Wis.--(BUSINESS WIRE)--Alliant Energy Corporation (NASDAQ: LNT) today announced U.S. generally accepted accounting principles (GAAP) consolidated unaudited earnings per share (EPS) for the th...

2 months ago - Business Wire

Alliant Energy Corporation Announces First Quarter 2024 Earnings Release and Conference Call

MADISON, Wis.--(BUSINESS WIRE)--Alliant Energy Corporation (NASDAQ: LNT) has scheduled its first quarter 2024 earnings release for Thursday, May 2nd, after market close. A conference call to review th...

3 months ago - Business Wire

Let's Buy These ‘Hated' Dividends Before They Soar In 2024

We've got a great shot at locking in big yields—and big dividend growth—on utility stocks. But we need to buy now, before rates start their (inevitable) decline.

Other symbols: NEESRE
3 months ago - Forbes

Newsweek Names Alliant Energy one of the Most Trustworthy Companies in America

MADISON, Wis.--(BUSINESS WIRE)--Newsweek recently announced their list of the Most Trustworthy Companies in America – for the third year in a row, Alliant Energy (NASDAQ: LNT) was included. This prest...

3 months ago - Business Wire

Christie Raymond Appointed to Alliant Energy Board of Directors

MADISON, Wis.--(BUSINESS WIRE)--Alliant Energy Corporation (NASDAQ: LNT) today announced that its Board of Directors has appointed Christie Raymond as a new independent director, effective April 1, 20...

4 months ago - Business Wire

Wisconsin Power and Light Company Prices Public Offering of Green Bonds

MADISON, Wis.--(BUSINESS WIRE)--Wisconsin Power and Light Company (“WPL”), a wholly owned subsidiary of Alliant Energy Corporation (NASDAQ: LNT), announced the pricing of its public offering of $300 m...

4 months ago - Business Wire

Communities Received Nearly $11M from Alliant Energy in 2023

MADISON, Wis.--(BUSINESS WIRE)--Nearly $11 million and more than 72,600 volunteer hours were collectively contributed in 2023 by Alliant Energy and the company's charitable foundation, employees and r...

5 months ago - Business Wire

Alliant Energy Announces 2023 Results

MADISON, Wis.--(BUSINESS WIRE)--Alliant Energy Corporation (NASDAQ: LNT) today announced U.S. generally accepted accounting principles (GAAP) and non-GAAP consolidated unaudited earnings per share (EP...

5 months ago - Business Wire

3 Cheap Dividends Primed To Surge When Rates Drop

Look, we're going to get a slowdown here in America this year—two years' worth of rate hikes are going to hit home. Fact.

Other symbols: GLPIMAS
5 months ago - Forbes

Alliant Energy's President of Iowa utility business, Terry Kouba, announces retirement; Farlinger named successor

CEDAR RAPIDS, Iowa--(BUSINESS WIRE)--Alliant Energy (NASDAQ: LNT) announced today that Terry Kouba, President of Alliant Energy's Iowa energy company, has announced his retirement from the company eff...

5 months ago - Business Wire

Alliant Energy Corporation Announces Year-End 2023 Earnings Release and Conference Call

MADISON, Wis.--(BUSINESS WIRE)--Alliant Energy Corporation (NASDAQ: LNT) has scheduled its year-end 2023 earnings release for Thursday, February 15th, after market close. A conference call to review t...

6 months ago - Business Wire

Alliant Energy Corporation declares quarterly common stock dividend

MADISON, Wis.--(BUSINESS WIRE)--The Alliant Energy Corporation (NASDAQ: LNT) Board of Directors today declared a quarterly cash dividend of $0.48 per share payable on February 15, 2024, to shareowners...

6 months ago - Business Wire

Alliant Energy Announces Third Quarter 2023 Results

MADISON, Wis.--(BUSINESS WIRE)--Alliant Energy Corporation (NASDAQ: LNT) today announced U.S. generally accepted accounting principles (GAAP) and non-GAAP consolidated unaudited earnings per share (EP...

9 months ago - Business Wire

Alliant Energy CEO John Larsen to Become Executive Chairman, Lisa Barton Named CEO

MADISON, Wis.--(BUSINESS WIRE)--Alliant Energy (NASDAQ: LNT) announced today that its board of directors elected John Larsen, current board chair and CEO, to the position of executive chairman, effect...

9 months ago - Business Wire

Alliant Energy Corporation Announces Third Quarter 2023 Earnings Release and Conference Call

MADISON, Wis.--(BUSINESS WIRE)--Alliant Energy Corporation (NASDAQ: LNT) has scheduled its third quarter 2023 earnings release for Thursday, November 2nd, after market close. A conference call to revi...

10 months ago - Business Wire

Why Safe Haven Utilities Stocks Are Having Their Worst Year Since 2008

Electric utility stocks used to be an income investor's best friend, but dividend growth cuts and rising Treasury yields have turned these rocksteady investments into market pariahs.

Other symbols: CMSCNPDTEHENEENEP
10 months ago - Forbes

Newsweek names Alliant Energy on its inaugural World's Most Trustworthy Companies list

MADISON, Wis.--(BUSINESS WIRE)--Newsweek named Alliant Energy (NASDAQ: LNT) on its Inaugural list of the World's Most Trustworthy Companies for 2023. Newsweek and Statista, an independent data researc...

10 months ago - Business Wire

Interstate Power and Light Company Prices Debt Offering

MADISON, Wis.--(BUSINESS WIRE)--Interstate Power and Light Company (“IPL”), a wholly owned subsidiary of Alliant Energy Corporation (NASDAQ: LNT), announced the pricing of its public offering of $300 ...

10 months ago - Business Wire

Alliant Energy Announces Second Quarter 2023 Results

MADISON, Wis.--(BUSINESS WIRE)--Alliant Energy Corporation (NASDAQ: LNT) today announced U.S. generally accepted accounting principles (GAAP) consolidated unaudited earnings per share (EPS) for the th...

1 year ago - Business Wire

Alliant Energy: A Mid-Cap Utility With Growth and Yield

Utility companies are often perceived as boring investments, but sometimes they make up an important part of an investor's portfolio by providing above market average dividend yields. An underfollowed...

1 year ago - GuruFocus