Alliant Energy (LNT) is poised to exceed earnings estimates, bolstering potential for its stock to rise. The company's 318th consecutive quarterly payout marks a historical streak in its consistent delivery of dividends. Amid new demand and risks, Alliant Energy and WEC Energy, both Midwest utilities, navigate their pathways. Despite market uncertainties, Alliant Energy's attractive dividend growth and defensive stability prove appealing. Investors present a mix of bullish and bearish perspectives on Alliant's stock, with 82% of shares owned by institutional investors. Alliant recently revealed a $1.3 billion stock sale plan, solidifying a robust backing from its 83% institutional ownership. The Q1 earnings and revenues top estimates, prompting investors to plug into Alliant for their dividend growth. A subsidiary of Alliant launches a major $600M bond offering with 5.600% yield lasting through 2035 - an attractive proposition for investors. With the company's stock outperforming the NASDAQ, Jefferies enhances Alliant's stock rating, raising its target to $71. Several price adjustments are announced by BMO Capital and Barclays. As Alliant Energy expands its renewable investments, its credit rating lowers due to weak financial metrics. Nonetheless, Q1 earnings beat estimates and TIME naming it as one of the Best Mid-Size Companies in America signal ongoing investor interest.
Alliant Energy Stocks LNT News Analytics from Sun, 15 Oct 2017 05:24:56 GMT to Mon, 30 Jun 2025 08:59:42 GMT -
Rating 6
- Innovation 2
- Information 9
- Rumor -1
