Alliant Energy (NASDAQ: LNT) has continued to show growth with institutional owners holding 80% of the company. Earnings growth for the company reflects a long-term trend. Despite a 3.3% drop following the earnings report, there are expectations of a rebound. A quarterly common stock dividend has been declared and further investment in Alliant Energy continues, as evidenced by Brookstone Capital Management buying 2641 shares, Lloyd Advisory Services investing $776,000, and PNC Financial Services Group buying 20,371 shares. Alliant Energy stock is considered a stable pick for long-term investors, however, some argue that getting in cheap is unlikely. The company's commitment to clean portfolio and investments is going to benefit them and it has been named one of the most trustworthy companies in America by Newsweek. The Q3 earnings for 2024 are expected to be $0.90 per share. However, Alliant Energy was powerless against some companies selling off shares, as evidenced by Vanguard Group and AdvisorNet Financial selling their shares.
Alliant Energy Stocks LNT News Analytics from Thu, 05 May 2016 07:00:00 GMT to Fri, 05 Jul 2024 21:17:00 GMT -
Rating 6
- Innovation 4
- Information 7
- Rumor -3
