Alliant Energy (NASDAQ:LNT) Releases FY 2026 Earnings Guidance

Alliant Energy (NASDAQ:LNT) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 3.360-3.460 for the period, compared to the consensus estimate of 3.420. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

LNT has been the subject of several analyst reports. Wall Street Zen lowered shares of Alliant Energy from a “sell” rating to a “strong sell” rating in a report on Saturday, April 25th. HSBC upgraded Alliant Energy from a “hold” rating to a “buy” rating in a research report on Wednesday, January 21st. Mizuho lifted their target price on Alliant Energy from $73.00 to $74.00 and gave the stock a “neutral” rating in a research report on Monday, March 16th. Argus reiterated a “hold” rating on shares of Alliant Energy in a research report on Friday, January 9th. Finally, Barclays set a $74.00 target price on Alliant Energy and gave the stock an “equal weight” rating in a research report on Wednesday, April 15th. Nine analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $76.44.

Alliant Energy Stock Up 0.9%

Shares of LNT traded up $0.63 during mid-day trading on Friday, hitting $74.06. 4,344,324 shares of the company traded hands, compared to its average volume of 2,463,791. Alliant Energy has a 1-year low of $58.97 and a 1-year high of $75.76. The company has a quick ratio of 0.66, a current ratio of 0.80 and a debt-to-equity ratio of 1.49. The company has a market capitalization of $19.13 billion, a PE ratio of 23.51, a price-to-earnings-growth ratio of 2.94 and a beta of 0.61. The business has a 50 day moving average of $71.84 and a 200 day moving average of $68.69.

Alliant Energy (NASDAQ:LNT) last issued its earnings results on Thursday, April 30th. The company reported $0.82 EPS for the quarter, meeting analysts’ consensus estimates of $0.82. The firm had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.08 billion. Alliant Energy had a return on equity of 11.51% and a net margin of 18.57%.Alliant Energy’s revenue for the quarter was up 5.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.83 earnings per share. Alliant Energy has set its FY 2026 guidance at 3.360-3.460 EPS. Equities research analysts anticipate that Alliant Energy will post 3.42 EPS for the current year.

Alliant Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Thursday, April 30th will be given a $0.535 dividend. This represents a $2.14 annualized dividend and a yield of 2.9%. The ex-dividend date is Thursday, April 30th. Alliant Energy’s dividend payout ratio is currently 67.94%.

Key Alliant Energy News

Here are the key news stories impacting Alliant Energy this week:

• Positive Sentiment: Q1 revenue beat and top?line growth — Alliant reported revenue of $1.18B, roughly 5% higher year?over?year and ahead of consensus, signaling underlying utility demand and rate base growth that supports the company’s outlook. Alliant Energy Q1 Earnings Match Estimates, Revenues Increase Y/Y
• Positive Sentiment: Big capital plan supports future regulated growth — Management reiterated a ~$13.4B investment plan which should expand rate base and earnings visibility over the medium term, a positive for regulated utility multiples and long?term EPS growth. Alliant Energy Q1 Earnings Match Estimates, Revenues Increase Y/Y
• Neutral Sentiment: EPS met expectations — GAAP EPS of $0.82 matched consensus, so there were no upside surprises on profit. That keeps near?term valuation moves tied more to guidance and rate case progress than to an EPS beat. Alliant Energy (LNT) Q1 Earnings Meet Estimates
• Neutral Sentiment: FY?2026 guidance reiterated and centered on consensus — Management set EPS guidance of $3.360–$3.460, which encompasses the Street consensus (~$3.42), so guidance neither materially surprises up nor down. Investors will watch rate case outcomes and capex execution for upside. View Press Release
• Neutral Sentiment: Earnings call transcript available — The Q1 call contains management color on weather, load, regulatory timing and capex phasing; investors should review for updates on rate cases and timing of customer programs. Alliant Energy Corporation (LNT) Q1 2026 Earnings Call Transcript
• Neutral Sentiment: Analyst sentiment is constructive — Brokerages show an average “Moderate Buy” rating, indicating modest upside but not unanimous enthusiasm. Alliant Energy Receives Average Recommendation of “Moderate Buy”
• Negative Sentiment: EPS slightly down year?over?year — Q1 EPS of $0.82 compares with $0.83 a year ago, so near?term margin pressure or timing items kept EPS flat despite higher revenue. Alliant Energy: Q1 Earnings Snapshot
• Negative Sentiment: Balance sheet and liquidity metrics are watch items — Debt/equity (~1.49) and sub?1.0 current/quick ratios mean financing and rate recovery cadence matter for credit and downside risk if capex requires more leverage. (Background disclosures from company filings.)

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in LNT. AQR Capital Management LLC lifted its position in shares of Alliant Energy by 103.8% during the 1st quarter. AQR Capital Management LLC now owns 66,701 shares of the company’s stock valued at $4,292,000 after buying an additional 33,978 shares in the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Alliant Energy by 98.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,084,562 shares of the company’s stock valued at $69,792,000 after buying an additional 538,603 shares in the last quarter. Empowered Funds LLC lifted its position in shares of Alliant Energy by 18.8% during the 1st quarter. Empowered Funds LLC now owns 6,166 shares of the company’s stock valued at $397,000 after buying an additional 974 shares in the last quarter. Woodline Partners LP lifted its position in shares of Alliant Energy by 40.7% during the 1st quarter. Woodline Partners LP now owns 21,679 shares of the company’s stock valued at $1,395,000 after buying an additional 6,269 shares in the last quarter. Finally, Geneos Wealth Management Inc. lifted its position in shares of Alliant Energy by 23.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,256 shares of the company’s stock valued at $81,000 after buying an additional 239 shares in the last quarter. Hedge funds and other institutional investors own 79.90% of the company’s stock.

About Alliant Energy

Alliant Energy Corporation (NASDAQ: LNT) is a publicly traded energy holding company headquartered in Madison, Wisconsin, that provides regulated electric and natural gas utility services in the American Midwest. The company serves customers primarily in Wisconsin and Iowa through its regulated utility subsidiaries and operates as an integrated provider responsible for generation, transmission and distribution of energy to residential, commercial and industrial customers.

Alliant Energy’s core activities include operating and maintaining electric generation assets, managing the regional transmission and distribution network, and delivering natural gas service to its franchise territories.