Alliant Energy (LNT) Scheduled to Post Quarterly Earnings on Thursday

Alliant Energy (NYSE:LNT) is scheduled to be issuing its quarterly earnings data after the market closes on Thursday, February 21st. Analysts expect the company to announce earnings of $0.36 per share for the quarter.

LNT opened at $44.90 on Thursday. Alliant Energy has a fifty-two week low of $37.85 and a fifty-two week high of $46.58. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.59 and a current ratio of 0.73. The firm has a market cap of $10.61 billion, a price-to-earnings ratio of 23.26, a price-to-earnings-growth ratio of 3.28 and a beta of 0.18.

Get Alliant Energy alerts:

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 15th. Shareholders of record on Thursday, January 31st will be paid a dividend of $0.355 per share. The ex-dividend date is Wednesday, January 30th. This represents a $1.42 dividend on an annualized basis and a yield of 3.16%. This is an increase from Alliant Energy’s previous quarterly dividend of $0.34. Alliant Energy’s payout ratio is currently 73.58%.

LNT has been the topic of a number of recent research reports. Wolfe Research upgraded shares of Alliant Energy from an “underperform” rating to a “market perform” rating in a research note on Tuesday, January 22nd. Argus lifted their price target on shares of Alliant Energy from $47.00 to $49.00 and gave the stock a “buy” rating in a research note on Tuesday, December 18th. Mizuho reiterated a “hold” rating and set a $44.50 price target on shares of Alliant Energy in a research note on Thursday, November 29th. Bank of America downgraded shares of Alliant Energy from a “neutral” rating to an “underperform” rating in a research note on Wednesday, November 21st. Finally, ValuEngine downgraded shares of Alliant Energy from a “buy” rating to a “hold” rating in a research note on Thursday, November 1st. Seven equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Alliant Energy has a consensus rating of “Hold” and a consensus price target of $46.06.

TRADEMARK VIOLATION NOTICE: This story was originally posted by Community Financial News and is the sole property of of Community Financial News. If you are accessing this story on another domain, it was illegally copied and reposted in violation of U.S. and international trademark & copyright law. The correct version of this story can be read at https://www.com-unik.info/2019/02/14/alliant-energy-lnt-scheduled-to-post-quarterly-earnings-on-thursday.html.

Alliant Energy Company Profile

Alliant Energy Corporation operates as a utility holding company that provides regulated electricity and natural gas services in the Midwest region of the United States. It operates through three segments: Electric, Gas, and 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.

Featured Article: NASDAQ Stock Market Explained

Receive News & Ratings for Alliant Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alliant Energy and related companies with MarketBeat.com's FREE daily email newsletter.