Alliant Energy (LNT), a consistent performer in the market, is expected to exceed earning estimates potentially fueling further stock advancement. This comes as Alliant carries out its 318th consecutive quarterly dividend payout, extending its historic streak, emphasizing its
financial stability and dividend growth. Positive market sentiment is underlined by Bank of America Securities endorsing the stock with a 'buy' rating. Major highlights include a
$600M bond offering by an Alliant subsidiary, yielding 5.600% through 2035 and a
$1.3 billion stock sale plan marking significant financial activities. The company also flagged plans for a
$500 million convertible notes offer reflecting potential growth strategies. Meanwhile, revised price targets from banks like Jefferies and Barclays underline fluctuating market opinions.
Alliant's 82% institutional ownership dominates its shareholder base. The stock's performance in comparison to S&P 500 provides further food for thought. The company's dedication to
renewable expansion brings a fresh perspective, promising long-term returns. Notably, Alliant was named one of the
Best Mid-Size Companies in America by TIME, cementing its strong reputation.
Alliant Energy Stocks LNT News Analytics from Sun, 15 Oct 2017 05:24:56 GMT to Sat, 07 Jun 2025 05:25:51 GMT -
Rating 6
- Innovation 2
- Information 8
- Rumor -4
