The Alliant Energy Corp (LNT) share price is expected to increase by 3.77% over the next year. This is based on calculating the average 12-month share price estimate provided by 14 stock analysts who have covered LNT. Price targets range from $56 at the low end to $69 at the high end. The current analyst consensus for LNT is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
LNT is a stock in Utilities which has been forecasted to be worth $62.99 as an average. On the higher end, the forecast price is $69 USD by from and on the lower end LNT is forecasted to be $56 by from Wunderlich Securities.
These are the latest 20 analyst ratings of LNT.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Nicholas Campanella Barclays | Equal-Weight | $59 | Maintains | Nov 6, 2024 |
James Thalacker BMO Capital | Market Perform | $61 | Maintains | Nov 4, 2024 |
Neil Kalton Wells Fargo | Overweight | $65 | Maintains | Nov 4, 2024 |
Neil Kalton Wells Fargo | Overweight | $66 | Maintains | Oct 16, 2024 |
Nicholas Campanella Barclays | Equal-Weight | $61 | Maintains | Oct 14, 2024 |
Anthony Crowdell Mizuho | Neutral | $61 | Maintains | Oct 4, 2024 |
Julien Dumoulin-Smith UBS | Neutral | $65 | Maintains | Sep 20, 2024 |
Julien Dumoulin-Smith Jefferies | Hold | $67 | Initiates | Sep 19, 2024 |
Julien Dumoulin-Smith B of A Securities | Buy | $63 | Maintains | Aug 29, 2024 |
Andrew Weisel Scotiabank | Sector Outperform | $64 | Maintains | Aug 20, 2024 |
Paul Fremont Ladenburg Thalmann | Buy | $62.5 | Upgrade | Aug 13, 2024 |
James Thalacker BMO Capital | Market Perform | $60 | Maintains | Aug 6, 2024 |
Andrew Weisel Scotiabank | Sector Outperform | $58 | Maintains | Aug 6, 2024 |
Neil Kalton Wells Fargo | Overweight | $62 | Maintains | Aug 5, 2024 |
Nicholas Campanella Barclays | Equal-Weight | $55 | Maintains | Jul 11, 2024 |
Neil Kalton Wells Fargo | Overweight | $56 | Maintains | May 6, 2024 |
Paul Fremont Ladenburg Thalmann | Neutral | $48 | Maintains | Apr 29, 2024 |
Andrew Weisel Scotiabank | Sector Outperform | $53 | Maintains | Apr 22, 2024 |
James Thalacker BMO Capital | Market Perform | $53 | Maintains | Apr 15, 2024 |
Julien Dumoulin-Smith B of A Securities | Buy | $54 | Maintains | Apr 11, 2024 |
When did it IPO
1988
Staff Count
3,281
Country
United States
Sector/Industry
Utilities/Utilities - Regulated Electric
CEO
Ms. Lisa M. Barton
Market Cap
$15.58B
In 2023, LNT generated $4.03B in revenue, which was a decrease of -4.23% from the previous year. This can be seen as a signal that LNT's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Alliant Energy Corporation will hold its Q3 2024 earnings conference call on November 1, 2024, at 10:00 AM ET, featuring key executives and analysts from various firms.
Why It Matters - The Q3 earnings call for Alliant Energy will provide insights into financial performance and future outlook, influencing stock valuation and investor sentiment.
Summary - Alliant Energy reported Q3 2024 GAAP EPS of $1.20, up from $1.11 in Q3 2023. Non-GAAP EPS matched GAAP at $1.20, with ATC Holdings showing slight growth.
Why It Matters - Alliant Energy's stable EPS reflects consistent performance, indicating financial health and potential for dividends, which can influence investor confidence and stock valuation.
Summary - LNT reported third-quarter earnings and revenues surpassing estimates and has narrowed its EPS outlook for 2024.
Why It Matters - LNT's strong Q3 performance and revised EPS outlook signal operational strength, potentially boosting investor confidence and stock performance.
Summary - Alliant Energy (LNT) reported Q3 earnings of $1.15 per share, surpassing the Zacks estimate of $1.11 and up from $1.05 per share year-over-year.
Why It Matters - Alliant Energy's earnings beat estimates and show year-over-year growth, indicating strong performance and potential for future profitability, which can positively influence stock valuation.
Summary - Alliant Energy Corporation (NASDAQ: LNT) released its Corporate Responsibility Report, highlighting advancements in ESG initiatives and energy diversification, along with community engagement efforts.
Why It Matters - Alliant Energy's Corporate Responsibility Report showcases its ESG progress and diversification efforts, indicating potential long-term sustainability and growth, which can attract socially-conscious investors.
Summary - LNT's Q3 results are anticipated to improve due to solar projects, though increased depreciation expenses may pose a negative impact.
Why It Matters - LNT's solar project gains could boost revenues, but increased depreciation may offset these benefits, affecting overall profitability and investor sentiment.