Alliant Energy Corporation (LNT)
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]
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 StatementsAnalyst 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.
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...
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...
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.
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...
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...
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...
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...
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...
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.
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...
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...
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...
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 ...
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...
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...
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...
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.
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...
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 ...
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...
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...
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...
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, ...
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...
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...