Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Alliant Energy Corp Market Cap
The Alliant Energy Corp (LNT) share price is expected to increase by 1.08% over the next year. This is based on calculating the average 12-month share price estimate provided by 7 stock analysts who have covered LNT. Price targets range from $53.76 at the low end to $67 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 $60.84 as an average. On the higher end, the forecast price is $67 USD by Julien Dumoulin-Smith from Jefferies and on the lower end LNT is forecasted to be $53.76 by from .
These are the latest 20 analyst ratings of LNT.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| 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 |
| Andrew Weisel Scotiabank | Sector Outperform | $58 | Maintains | Aug 6, 2024 |
| James Thalacker BMO Capital | Market Perform | $60 | 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 |
| James Thalacker BMO Capital | Market Perform | $55 | Downgrade | Jan 11, 2024 |
| Nicholas Campanella Barclays | Equal-Weight | $53 | Downgrade | Jan 2, 2024 |
| Andrew Weisel Scotiabank | Sector Outperform | $59 | Upgrade | Oct 16, 2023 |
| Eric Beaumont Barclays | Overweight | $51 | Maintains | Oct 11, 2023 |
| Eric Beaumont Barclays | Overweight | $55 | Initiates | Sep 18, 2023 |
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
$15.44B
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
Thu, 05 Sep 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Interstate Power and Light Company, a subsidiary of Alliant Energy, priced a public offering of $350M in 4.950% senior debentures due 2034 and $300M in 5.450% debentures due 2054.
Why It Matters - The issuance of senior debentures indicates IPL's strategy for capital raising, impacting its financial leverage and interest expenses, which can influence Alliant Energy's stock performance.
Thu, 22 Aug 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - Alliant Energy shares have risen significantly, outperforming the S&P 500. The utility has a positive growth outlook and holds an A- credit rating from S&P with a stable outlook.
Why It Matters - Alliant Energy's strong performance against the S&P 500, positive growth outlook, and high credit rating indicate financial stability and potential for continued investor confidence and returns.
Thu, 22 Aug 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - ERI will host a free e-waste collection event for Dane County residents at Alliant Energy Center this Sunday, promoting responsible recycling of unwanted electronics.
Why It Matters - The e-waste collection event highlights ERI's growth potential and commitment to sustainability, which can enhance its market position and attract eco-conscious investors.
Mon, 12 Aug 2024
Sentiment - POSITIVE
Source - MarketBeat
Summary - Wall Street analysts prioritize their reputations when recommending stocks, often aligning with market momentum and trends to minimize personal risk.
Why It Matters - Analysts' recommendations reflect their vested interests and market sentiment, influencing stock prices and investor decisions, which can lead to significant market movements.
Fri, 02 Aug 2024
Sentiment - POSITIVE
Source - Reuters
Summary - Alliant Energy announced on a post-earnings call that it has secured several power supply agreements with data centers.
Why It Matters - Alliant Energy's agreements with data centers indicate increased demand for power, potentially boosting revenue and growth prospects, which can positively influence stock performance.
Fri, 02 Aug 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Alliant Energy Corporation (NASDAQ:LNT) will hold its Q2 2024 earnings call on August 2, 2024, at 10:00 AM ET, featuring key executives and analysts from major financial firms.
Why It Matters - The Q2 2024 earnings call provides insights into Alliant Energy's financial performance and strategy, influencing investor sentiment and potential stock movement.
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