Alliant Energy Corporation (NASDAQ:LNT) has been performing well with a 32% return over the last year pleasing their investors. The stock has hit a 52-week high at $64.19, furthermore, Wall Street analysts have shown bullish sentiment towards the stock. Institutional owners dominate the company with an 82% stake. BMO and Barclays have both raised Alliant's Energy price target to $66 and based on positive trends. Despite this, the Q4 earnings fell short of estimates and some worry that the stock is overpriced. The dividend rate has been maintained, extending the 78-year dividend streak with a $0.5075 quarterly payout. The company further announced a 2-for-1 stock split and continued to execute various power deals with data centers, indicating a positive strategic direction. However, Returns at Alliant seem to be weighed down, leading to concerns about its future performance. The company has been named as one of the Best Mid-Size Companies in America by TIME and made it to Newsweek's inaugural list of World's Most Trustworthy Companies.
Alliant Energy Stocks LNT News Analytics from Sun, 15 Oct 2017 05:24:56 GMT to Fri, 28 Mar 2025 13:36:00 GMT -
Rating 5
- Innovation 3
- Information 8
- Rumor -6
