Alliant Energy Corporation (LNT)

NASDAQ: LNT · IEX Real-Time Price · USD
48.45
+0.39 (0.81%)
Sep 29, 2023, 4:00 PM EDT - Market closed
0.81%
Market Cap 12.24B
Revenue (ttm) 4.18B
Net Income (ttm) 657.00M
Shares Out 252.72M
EPS (ttm) 2.61
PE Ratio 18.56
Forward PE 16.88
Dividend $1.81 (3.74%)
Ex-Dividend Date Jul 28, 2023
Volume 2,050,754
Open 48.55
Previous Close 48.06
Day's Range 47.96 - 48.89
52-Week Range 47.19 - 57.52
Beta 0.55
Analysts Buy
Price Target 54.81 (+13.13%)
Earnings Date Nov 6, 2023

About LNT

Alliant Energy Corporation operates as a utility holding company that provides regulated electricity and natural gas services. It operates through 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 C... [Read more]

Sector Utilities
Founded 1917
Employees 5,210
Stock Exchange NASDAQ
Ticker Symbol LNT
Full Company Profile

Financial Performance

In 2022, Alliant Energy's revenue was $4.21 billion, an increase of 14.61% compared to the previous year's $3.67 billion. Earnings were $686.00 million, an increase of 4.10%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for LNT stock is "Buy." The 12-month stock price forecast is $54.81, which is an increase of 13.13% from the latest price.

Price Target
$54.81
(13.13% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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 ...

11 days 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...

2 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...

2 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...

2 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 $0.4525 per share payable on August 15, 2023, to shareowners...

2 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, ...

2 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...

2 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...

4 months ago - Business Wire

Alliant Energy Announces First 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...

5 months ago - Business Wire

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

MADISON, Wis.--(BUSINESS WIRE)--Alliant Energy Corporation (NASDAQ: LNT) has scheduled its first quarter 2023 earnings release for Thursday, May 4th, after market close. A conference call to review th...

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 $0.4525 per share payable on May 15, 2023, to shareowners of...

6 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...

6 months ago - Business Wire

Communities received $12.1M from Alliant Energy in 2022

MADISON, Wis.--(BUSINESS WIRE)--With a commitment to serving customers and building stronger communities, Alliant Energy and the company's charitable foundation, along with the company's employees and...

7 months ago - Business Wire

Alliant Energy Prices Offering of $500 Million of 3.875% Convertible Senior Notes due 2026

MADISON, Wis.--(BUSINESS WIRE)--Alliant Energy Corporation (NASDAQ: LNT) announced the pricing of its offering of $500 million aggregate principal amount of its 3.875% convertible senior notes due 202...

7 months ago - Business Wire

Alliant Energy Announces Proposed Offering of $500 Million of Convertible Senior Notes due 2026

MADISON, Wis.--(BUSINESS WIRE)--Alliant Energy Corporation (NASDAQ: LNT) announced today that it intends to offer, subject to market and other conditions, $500 million aggregate principal amount of it...

7 months ago - Business Wire

Alliant Energy Announces 2022 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...

7 months ago - Business Wire

Forbes names Alliant Energy a ‘Best Employer' of 2023

Award based on independent survey of 45,000 U.S. employees across 25 industries Award based on independent survey of 45,000 U.S. employees across 25 industries

8 months ago - GlobeNewsWire

Alliant Energy Corporation Announces Year-End 2022 Earnings Release and Conference Call

MADISON, Wis., Jan. 24, 2023 (GLOBE NEWSWIRE) -- Alliant Energy Corporation (NASDAQ: LNT) has scheduled its year-end 2022 earnings release for Thursday, February 23rd, after market close. A conference...

8 months ago - GlobeNewsWire

Alliant Energy Appoints Industry Veteran Lisa Barton as President and Chief Operating Officer

Former AEP Executive Vice President and COO brings deep industry knowledge, strong leadership abilities and proven operating expertise to further Alliant Energy's commitment to deliver safe, reliable ...

9 months ago - GlobeNewsWire

Alliant Energy named to Newsweek's Most Responsible Companies list for third consecutive year

Company's commitment to sustainability, social causes drives recognition Company's commitment to sustainability, social causes drives recognition

9 months ago - GlobeNewsWire

Alliant Energy Announces Appointment of Stephanie Cox to Board of Directors and Retirement of Board Member Dean Oestreich

MADISON, Wis., Jan. 04, 2023 (GLOBE NEWSWIRE) -- Alliant Energy Corporation (NASDAQ: LNT) today announced that its Board of Directors has appointed Stephanie Cox as a new independent director effectiv...

9 months ago - GlobeNewsWire

Alliant Energy Announces Third Quarter 2022 Results

MADISON, Wis., Nov. 07, 2022 (GLOBE NEWSWIRE) -- Alliant Energy Corporation (NASDAQ: LNT) today announced U.S. generally accepted accounting principles (GAAP) and non-GAAP consolidated unaudited earni...

11 months ago - GlobeNewsWire

Financial support available for Alliant Energy customers in need

Company donates $4 million to Hometown Care Energy Fund Company donates $4 million to Hometown Care Energy Fund

1 year ago - GlobeNewsWire

Alliant Energy Corporation Announces Third Quarter 2022 Earnings Release and Conference Call

MADISON, Wis.v, Oct. 12, 2022 (GLOBE NEWSWIRE) -- Alliant Energy Corporation (NASDAQ: LNT) has scheduled its third quarter 2022 earnings release for Monday, November 7th, after market close. A confere...

1 year ago - GlobeNewsWire

Alliant Energy supercharges battery deployment

Accelerated development of energy storage capacity to deliver increased value, efficiency and reliability to Alliant Energy's customers in Wisconsin Accelerated development of energy storage capacity ...

1 year ago - GlobeNewsWire