Alliant Energy (LNT) continues to demonstrate robust performance with
positive earnings estimates and continuous dividend payouts, marking its
318th consecutive quarterly payout. The firm's defensive stability and dividend growth potential make it a viable choice for investors amidst market uncertainty. Increased price targets and upgrades from Jefferies and others reflect a strong bullish sentiment. Amongst significant events, Alliant has announced
Q1 2025 results and its tentative plans for offering
$500 million of 3.250% convertible senior notes due 2028. The company has also entered a <$b>1.3 billion stock distribution deal. Despite recent downgrades from Barclays due to concerns over renewable expansion, Alliant displays promising growth, prompting some to suggest purchasing before a potential dividend hike. The company's strategic investments and clean portfolio place it favourably compared to other utility stocks. Alliant's recent corporate activities include naming
Patrick Allen as the Independent Board Chair, expanding data center opportunities in Iowa, and being named amongst the best mid-size companies in America by TIME. However, voices of caution indicate Alliant's stock price to be potentially outpacing earnings, and some have lowered their price targets.
Alliant Energy Stocks LNT News Analytics from Fri, 10 Jun 2016 07:00:00 GMT to Fri, 30 May 2025 08:41:41 GMT -
Rating 7
- Innovation 6
- Information 9
- Rumor -3
