Alliant Energy Corporation has declared a quarterly common
stock dividend extending its historic streak to the 318th consecutive quarter. The
stock continues to outperform the S&P500 and its Return on Equity currently stands at
9.9% due to their use of debt.
Buy recommendations are on the rise, in anticipation of a dividend hike, and
institutional investors heavily dominate the ownership with an 82% stake. Significant improvements are seen in relative strength due to
strategic investments and a clean portfolio. Wall Street analysts are bullish on the stock that extends a
78- year dividend streak with a $0.5075 quarterly payout.
Q4 earnings have beat estimates and overall, investors see a decent 32% return over the last year. Recent
Leadership transitions and a missed Full-Year earnings expectation have not dented the stocks' appeal. Year on year, those who invested in Alliant Energy are up 21%. However, sluggish earnings growth could weigh down returns moving forward.
BMO and
Barclays have revised price targets upwards due to observable positive trends. Notably, Alliant Energy announced a 2-for-1
stock split and increased its
2025 annual dividend target by 6%.
Alliant Energy Stocks LNT News Analytics from Sun, 15 Oct 2017 05:24:56 GMT to Wed, 02 Apr 2025 21:00:00 GMT -
Rating 8
- Innovation 4
- Information 7
- Rumor -2