Zacks Research Reduces Earnings Estimates for Alliant Energy

Alliant Energy Corporation (NASDAQ:LNT) – Zacks Research dropped their FY2026 earnings estimates for shares of Alliant Energy in a report released on Wednesday, September 9th. Zacks Research analyst Team now anticipates that the company will post earnings of $3.41 per share for the year, down from their previous estimate of $3.42. The consensus estimate for Alliant Energy’s current full-year earnings is $3.43 per share. Zacks Research also issued estimates for Alliant Energy’s Q1 2028 earnings at $0.92 EPS.

Several other equities analysts also recently weighed in on LNT. Mizuho reduced their target price on Alliant Energy from $76.00 to $75.00 and set a “neutral” rating on the stock in a research report on Monday, August 3rd. TD Cowen assumed coverage on shares of Alliant Energy in a research note on Tuesday, July 7th. They set a “hold” rating and a $83.00 price objective for the company. Weiss Ratings lowered shares of Alliant Energy from a “buy (b+)” rating to a “buy (b)” rating in a report on Tuesday, July 28th. BMO Capital Markets decreased their target price on shares of Alliant Energy from $80.00 to $78.00 and set an “outperform” rating on the stock in a research report on Monday, August 3rd. Finally, Jefferies Financial Group restated a “buy” rating and issued a $80.00 target price on shares of Alliant Energy in a report on Thursday, August 27th. Nine investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $77.00.

Alliant Energy Price Performance

Shares of NASDAQ:LNT opened at $67.25 on Friday. The company has a market cap of $17.44 billion, a P/E ratio of 21.28, a P/E/G ratio of 2.86 and a beta of 0.54. The business has a fifty day simple moving average of $71.41 and a 200-day simple moving average of $72.11. Alliant Energy has a 52 week low of $63.28 and a 52 week high of $78.81. The company has a quick ratio of 0.35, a current ratio of 0.47 and a debt-to-equity ratio of 1.41.

Alliant Energy (NASDAQ:LNT) last issued its quarterly earnings results on Thursday, July 30th. The company reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.07. Alliant Energy had a return on equity of 11.16% and a net margin of 18.45%.The company had revenue of $971.00 million during the quarter, compared to the consensus estimate of $896.94 million. During the same period in the previous year, the firm posted $0.68 EPS. Alliant Energy’s revenue was up 1.0% on a year-over-year basis. Alliant Energy has set its FY 2026 guidance at 3.360-3.460 EPS.

Alliant Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Friday, July 31st were paid a $0.535 dividend. This represents a $2.14 annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend was Friday, July 31st. Alliant Energy’s payout ratio is currently 67.72%.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the business. Tema ETFs LLC lifted its stake in Alliant Energy by 6.6% in the 2nd quarter. Tema ETFs LLC now owns 2,336 shares of the company’s stock valued at $178,000 after purchasing an additional 145 shares during the last quarter. Glenmede Investment Management LP raised its stake in Alliant Energy by 0.7% in the third quarter. Glenmede Investment Management LP now owns 22,793 shares of the company’s stock valued at $1,536,000 after buying an additional 153 shares during the period. Quadrant Capital Group LLC raised its stake in Alliant Energy by 1.8% in the third quarter. Quadrant Capital Group LLC now owns 9,117 shares of the company’s stock valued at $615,000 after buying an additional 158 shares during the period. Parkside Financial Bank & Trust lifted its position in shares of Alliant Energy by 25.9% in the second quarter. Parkside Financial Bank & Trust now owns 840 shares of the company’s stock valued at $64,000 after buying an additional 173 shares during the last quarter. Finally, Resonant Capital Advisors LLC lifted its position in shares of Alliant Energy by 4.6% in the first quarter. Resonant Capital Advisors LLC now owns 4,182 shares of the company’s stock valued at $300,000 after buying an additional 184 shares during the last quarter. Hedge funds and other institutional investors own 79.90% of the company’s stock.

About Alliant Energy

Alliant Energy Corporation is a regulated utility holding company that provides electricity and natural gas services through its operating subsidiaries, Interstate Power and Light Company and Wisconsin Power and Light Company.

The company generates and distributes electricity to residential, commercial, and industrial customers, and provides natural gas distribution services. Its energy portfolio includes a growing mix of renewable generation, along with traditional power-generation resources and transmission and distribution infrastructure.

Alliant Energy primarily serves customers in Wisconsin and Iowa.