Scotiabank Forecasts Alliant Energy FY2026 Earnings

Alliant Energy Co. (NASDAQ:LNT) – Research analysts at Scotiabank issued their FY2026 earnings estimates for Alliant Energy in a note issued to investors on Wednesday, January 8th. Scotiabank analyst A. Weisel forecasts that the company will post earnings of $3.42 per share for the year. Scotiabank has a “Sector Perform” rating and a $67.00 price objective on the stock. The consensus estimate for Alliant Energy’s current full-year earnings is $3.04 per share.

A number of other equities research analysts have also weighed in on the company. Mizuho boosted their price target on Alliant Energy from $52.00 to $61.00 and gave the stock a “neutral” rating in a research note on Friday, October 4th. Barclays reduced their target price on Alliant Energy from $61.00 to $59.00 and set an “equal weight” rating for the company in a research note on Wednesday, November 6th. Jefferies Financial Group started coverage on shares of Alliant Energy in a research note on Thursday, September 19th. They set a “hold” rating and a $67.00 price objective for the company. BMO Capital Markets cut their price objective 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. Finally, Wells Fargo & Company decreased their target price on shares of Alliant Energy from $66.00 to $65.00 and set an “overweight” rating for the company in a research report on Monday, November 4th. Six research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $63.39.

Alliant Energy Trading Up 1.5 %

Shares of NASDAQ:LNT opened at $58.20 on Thursday. The business’s 50-day moving average is $60.12 and its 200 day moving average is $58.30. The company has a debt-to-equity ratio of 1.33, a current ratio of 0.86 and a quick ratio of 0.72. Alliant Energy has a 1 year low of $46.80 and a 1 year high of $64.19. The firm has a market capitalization of $14.93 billion, a P/E ratio of 22.56, a P/E/G ratio of 2.98 and a beta of 0.60.

Alliant Energy (NASDAQ:LNT) last posted its quarterly earnings data on Thursday, October 31st. The company reported $1.15 EPS for the quarter, topping the consensus estimate of $1.10 by $0.05. Alliant Energy had a net margin of 16.66% and a return on equity of 10.56%. The firm had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.08 billion. During the same quarter in the previous year, the business posted $1.05 EPS. Alliant Energy’s revenue was up .4% on a year-over-year basis.

Alliant Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Shareholders of record on Thursday, October 31st were issued a $0.48 dividend. The ex-dividend date of this dividend was Thursday, October 31st. This represents a $1.92 dividend on an annualized basis and a yield of 3.30%. Alliant Energy’s payout ratio is 74.42%.

Hedge Funds Weigh In On Alliant Energy

A number of hedge funds have recently bought and sold shares of LNT. Larson Financial Group LLC raised its position in shares of Alliant Energy by 7,083.3% during the 3rd quarter. Larson Financial Group LLC now owns 431 shares of the company’s stock worth $26,000 after purchasing an additional 425 shares during the last quarter. Northwest Investment Counselors LLC acquired a new position in shares of Alliant Energy during the third quarter valued at approximately $28,000. Eastern Bank acquired a new position in shares of Alliant Energy during the third quarter valued at approximately $30,000. JNBA Financial Advisors purchased a new position in shares of Alliant Energy in the third quarter valued at approximately $31,000. Finally, Kimelman & Baird LLC acquired a new stake in shares of Alliant Energy in the second quarter worth approximately $41,000. Hedge funds and other institutional investors own 79.90% of the company’s stock.

About Alliant Energy

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.