Alliant Energy (NASDAQ:LNT) has been in focus with various mixed sentiments from the market. Despite sluggish earnings, it maintains a
SAFE Dividend ranking with a decent yield of 3.4%. There has been a lowering of stock targets by BMO and Barclays to $59.00 and $61.00, respectively while the company declared
Quarterly Common Stock Dividends. The stock's performance has been questioned as there has been an underperformance in the Utilities Sector, and fall short when compared to competitors. However, analysts upgraded Alliant Energy, leading to a new
12-month high. There have been mixed sentiments in the market where smaller investment firms are buying small chunks, and firms like UMB Bank are decreasing their positions in Alliant. The company's debt usage to deliver 9.2% ROE can't be overlooked. The company's recent
quarterly earnings top estimates and its price target was raised to $66.00.
There is speculation about what to expect from the next quarterly earnings report. The
Retirement announcement of Alliant Energy's Executive Chairman in 2025 might bring some organizational changes inside the company.
The stock hit a 52-week high at $61.05, but those who invested three years ago are in the red. Despite some lower performance, some see it as a stable pick for long-term investors.
Alliant Energy Stocks LNT News Analytics from Thu, 28 Jun 2018 01:16:03 GMT to Fri, 08 Nov 2024 13:26:55 GMT -
Rating 2
- Innovation -1
- Information 6
- Rumor 1
