Alliant Energy (LNT) Given Daily News Impact Score of 0.22

Headlines about Alliant Energy (NYSE:LNT) have trended somewhat positive this week, according to Accern. The research group rates the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Alliant Energy earned a coverage optimism score of 0.22 on Accern’s scale. Accern also assigned media stories about the utilities provider an impact score of 46.8712491433402 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Shares of Alliant Energy opened at $42.72 on Friday, Marketbeat reports. The company has a market capitalization of $9.93 billion, a PE ratio of 22.13, a PEG ratio of 3.57 and a beta of 0.29. The company has a quick ratio of 0.25, a current ratio of 0.64 and a debt-to-equity ratio of 1.18. Alliant Energy has a 12 month low of $36.84 and a 12 month high of $45.55.

Alliant Energy (NYSE:LNT) last issued its earnings results on Thursday, August 2nd. The utilities provider reported $0.43 EPS for the quarter, missing the consensus estimate of $0.45 by ($0.02). The firm had revenue of $816.10 million during the quarter, compared to analyst estimates of $789.73 million. Alliant Energy had a net margin of 14.14% and a return on equity of 11.35%. Alliant Energy’s quarterly revenue was up 6.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.41 earnings per share. research analysts expect that Alliant Energy will post 2.13 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, August 15th. Investors of record on Tuesday, July 31st will be issued a dividend of $0.335 per share. This represents a $1.34 annualized dividend and a dividend yield of 3.14%. The ex-dividend date of this dividend is Monday, July 30th. Alliant Energy’s dividend payout ratio (DPR) is presently 69.43%.

Several brokerages have recently commented on LNT. Zacks Investment Research cut shares of Alliant Energy from a “hold” rating to a “sell” rating in a research report on Friday, April 27th. ValuEngine upgraded shares of Alliant Energy from a “hold” rating to a “buy” rating in a research report on Friday, April 27th. UBS Group boosted their target price on shares of Alliant Energy from $43.00 to $45.00 and gave the company a “neutral” rating in a research report on Friday. Finally, Howard Weil began coverage on shares of Alliant Energy in a research report on Tuesday, July 24th. They issued a “sector perform” rating and a $44.00 target price for the company. Seven investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $44.67.

Alliant Energy Company Profile

Alliant Energy Corporation operates as a utility holding company that provides regulated electricity and natural gas services in the Midwest region of the United States. It operates through three segments: Electric, Gas, and Other. The company, through its subsidiary, Interstate Power and Light Company (IPL), primarily generates and distributes electricity, and distributes and transports natural gas to retail customers in Iowa; sells electricity to wholesale customers in Minnesota, Illinois, and Iowa; and generates and distributes steam in Cedar Rapids, Iowa.

Recommended Story: What kind of dividend yield to CEF’s pay?

Insider Buying and Selling by Quarter for Alliant Energy (NYSE:LNT)

Receive News & Ratings for Alliant Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alliant Energy and related companies with's FREE daily email newsletter.

Leave a Reply