Alliant Energy Corporation (NASDAQ:LNT) has demonstrated a solid performance reflected in its
Return on Equity of 9.2% as well as
shareholders earning a
24% return in the past year. Their stocks also reached a
52-week high at $58.69, signalling robust growth. This, coupled with its sturdy dividend profile, makes it a
good investment bet and has given it a rating upgrade to buy. While the company has an institutional ownership stronghold, with
80% of shares controlled by institutional entities, market sentiments on Wall Street swing between bullish and bearish. Notably, the company declared its
second-quarter results for
2024 and announced that the executive chairman will retire in 2025. The company has decided on a
2-for-1 stock split and will start trading its common stock on Nasdaq. However, experts are still divided on the future, with some labelling the stock as
potentially overpriced. It also lags behind in
Q2 earnings and revenue estimates and has its stock price fall below its
200 Day Moving Average.
Alliant Energy Stocks LNT News Analytics from Mon, 17 Sep 2012 07:00:00 GMT to Sun, 08 Sep 2024 09:30:58 GMT -
Rating 3
- Innovation 1
- Information 7
- Rumor -3
