Alliant Energy Corporation (LNT)

NASDAQ: LNT · IEX Real-Time Price · USD
50.37
+0.40 (0.80%)
Apr 24, 2024, 4:00 PM EDT - Market closed
0.80%
Market Cap 12.91B
Revenue (ttm) 4.03B
Net Income (ttm) 703.00M
Shares Out 256.38M
EPS (ttm) 2.78
PE Ratio 18.12
Forward PE 16.48
Dividend $1.92 (3.81%)
Ex-Dividend Date Apr 29, 2024
Volume 1,303,251
Open 49.34
Previous Close 49.97
Day's Range 49.19 - 50.51
52-Week Range 45.15 - 56.26
Beta 0.54
Analysts Buy
Price Target 52.06 (+3.36%)
Earnings Date May 2, 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 $52.06, which is an increase of 3.36% from the latest price.

Price Target
$52.06
(3.36% upside)
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 May 15, 2024, to shareowners of r...

9 days 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...

9 days 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
14 days 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...

22 days 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...

6 weeks 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...

7 weeks 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...

2 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...

2 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
2 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...

2 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...

3 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...

3 months ago - Business Wire

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 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...

6 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...

6 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...

7 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
7 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...

7 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 ...

7 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...

9 months 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...

9 months ago - GuruFocus

Alliant Energy Releases 2023 Corporate Responsibility Report

MADISON, Wis.--(BUSINESS WIRE)--Alliant Energy Corporation (NASDAQ: LNT) published its 2023 Corporate Responsibility Report (CRR) today, providing details on the company's achievements and progress to...

10 months ago - Business Wire

Ignacio A. Cortina 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 Ignacio A. Cortina as a new independent director, effective July 14, ...

10 months ago - Business Wire

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

MADISON, Wis.--(BUSINESS WIRE)--Alliant Energy Corporation (NASDAQ: LNT) has scheduled its second quarter 2023 earnings release for Thursday, August 3rd, after market close. A conference call to revie...

10 months ago - Business Wire

Alliant Energy Names Raja Sundararajan Executive Vice President – Strategy and Customer Solutions

MADISON, Wis.--(BUSINESS WIRE)--Lisa Barton, Alliant Energy President and Chief Operations Officer, announced that Raja Sundararajan has been named Executive Vice President of Strategy and Customer So...

11 months ago - Business Wire