Alliant Energy (NASDAQ:LNT) Announces Quarterly Earnings Results, Beats Expectations By $0.02 EPS

Alliant Energy (NASDAQ:LNT) issued its quarterly earnings data on Thursday. The company reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.02, Zacks reports. The firm had revenue of $976.00 million for the quarter, compared to the consensus estimate of $1.14 billion. Alliant Energy had a net margin of 17.33% and a return on equity of 11.39%. Alliant Energy updated its FY 2025 guidance to 3.150-3.250 EPS.

Alliant Energy Price Performance

Shares of Alliant Energy stock opened at $62.81 on Friday. The firm has a fifty day simple moving average of $59.44 and a 200-day simple moving average of $59.65. 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 has a 1-year low of $46.80 and a 1-year high of $64.19. The stock has a market capitalization of $16.12 billion, a price-to-earnings ratio of 23.35, a PEG ratio of 2.83 and a beta of 0.60.

Alliant Energy Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Friday, January 31st were paid a $0.5075 dividend. This represents a $2.03 dividend on an annualized basis and a dividend yield of 3.23%. This is a boost from Alliant Energy’s previous quarterly dividend of $0.48. The ex-dividend date of this dividend was Friday, January 31st. Alliant Energy’s payout ratio is presently 75.46%.

Wall Street Analysts Forecast Growth

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

Alliant Energy Company Profile

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.