Alliant Energy, a major utility provider, has set its Q1 earnings date and continues to build its dividends. The stock price recently dropped to
$59.24 but has had a strong 32% return for investors in the past year. Investment firms Jefferies and BMO have both increased their price target for the stock. Alliant Energy recently announced its 2024 results which beat earnings estimates. The company is also highly regarded by institutional investors who hold 82% of the stock, and last year, the share price increased by 21%. However, the high valuation of the stock may be off-putting for investors and the company's returns haven't been accelerating as expected.
Alliant Energy has notable leadership under the newly appointed chair of the board, Patrick Allen. The company has been hailed as one of America's best mid-size companies by
TIME and has invested heavily in community projects, boosting its corporate responsibility credentials. This progress was highlighted in their corporeal responsibility report. While their earnings revenues beat estimates, the sluggish earnings could potentially indicate challenges in the future.
Alliant Energy Stocks LNT News Analytics from Tue, 18 Dec 2018 08:00:00 GMT to Fri, 11 Apr 2025 20:30:00 GMT -
Rating 7
- Innovation 4
- Information 9
- Rumor -5
