Alliant Energy Corp

Alliant Energy Corp Stock Forecast & Price Prediction

Live Alliant Energy Corp Stock (LNT) Price
$60.70

14

Ratings

  • Buy 5
  • Hold 9
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$60.70

P/E Ratio

23.62

Volume Traded Today

$1.0M

Dividend

$0.48

52 Week High/low

64.19/46.80

Alliant Energy Corp Market Cap

$15.58B

๐Ÿ›‘ Alert: These ten stocks could have higher potential than $LNT ๐Ÿ›‘

Before you buy LNT you'll want to see this list of ten stocks that have huge potential. Want to see if LNT made the cut? Enter your email below

LNT Summary

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 Analyst Ratings

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.

LNT stock forecast by analyst

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

LNT Company Information

What They Do: Provides regulated electricity and natural gas services.

Business Model: The company generates and distributes electricity and natural gas through its subsidiaries, primarily serving retail customers in Iowa and Wisconsin. It earns revenue by supplying energy to both retail and wholesale customers, which includes municipalities and rural cooperatives, across different segments of the market.

Other Information: Alliant Energy also operates a range of logistics and freight services, including a short-line rail freight service and a Mississippi River terminal, which diversifies its revenue streams. The company has interests in renewable energy sources, including a wind farm in Oklahoma, positioning itself within the growing clean energy sector.
LNT
Alliant Energy Corp (LNT)

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

Alliant Energy Corp (LNT) Financial Data

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

$3.42B

Revenue From 2021

$3.67B

7.41 %
From Previous Year

Revenue From 2022

$4.21B

14.61 %
From Previous Year

Revenue From 2023

$4.03B

-4.23 %
From Previous Year
  • Revenue TTM $3.97B
  • Operating Margin TTM 45.1%
  • Gross profit TTM $1.73B
  • Return on assets TTM 2.6%
  • Return on equity TTM 9.7%
  • Profit Margin 16.7%
  • Book Value Per Share 27.16%
  • Market capitalisation $15.58B
  • Revenue for 2021 $3.67B
  • Revenue for 2022 $4.21B
  • Revenue for 2023 $4.03B
  • EPS this year (TTM) $2.57

Alliant Energy Corp (LNT) Latest News

News Image

Fri, 01 Nov 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

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.

News Image

Thu, 31 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

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.

News Image

Fri, 01 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

News Image

Thu, 31 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

News Image

Thu, 31 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

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.

News Image

Mon, 28 Oct 2024

Sentiment - NEUTRAL

Source - Zacks Investment Research

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.

...

LNT Frequently asked questions

The highest forecasted price for LNT is $69 from at .

The lowest forecasted price for LNT is $56 from from Wunderlich Securities

The LNT analyst ratings consensus are 5 buy ratings, 9 hold ratings, and 0 sell ratings.