In the recent news circulating in the market,
Alliant Energy Corporation (NASDAQ:LNT) has come under potential scrutiny for being overpriced making its popularity with investors potentially under threat. However, the company remains an institutional darling with
82% ownership. Despite underperformance in comparison with competitors on certain days, the company has managed to hit a
52-week high at
$62.59 indicating robust growth. With an expected dividend hike, the consensus recommendation for the stock remains a 'Hold'. For those who invested a year ago, they are currently enjoying an
upward trend of 21%. Alliant Energy has seen
strong financial performance in recent quarters, is expected to
top estimates in its Q3 earnings, and potentially signs first U.S. contract for deployment of CO2 batteries. The
yield stands at 3.4%, making it an attractive pick for yield hunters. Concerns are raised about the company's sluggish earnings. However, amidst the mixed sentiments, Alliant Energy remains a
stable pick for long term investors.
Alliant Energy Stocks LNT News Analytics from Sun, 15 Oct 2017 05:24:56 GMT to Thu, 09 Jan 2025 20:15:18 GMT -
Rating 3
- Innovation -1
- Information 5
- Rumor -4