Media stories about Alliant Energy (NYSE:LNT) have been trending positive recently, AlphaOne reports. AlphaOne, a unit of Accern, ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources. AlphaOne ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Alliant Energy earned a media sentiment score of 0.42 on AlphaOne’s scale. AlphaOne also assigned news articles about the utilities provider an impact score of 62 out of 100, meaning that recent media coverage is somewhat likely to have an impact on the company’s share price in the next few days.
Here are some of the news articles that may have impacted Alpha One’s rankings:
- Alliant Energy Co. (LNT) Receives Average Rating of “Hold” from Brokerages (americanbankingnews.com)
- Alliant Energy Co. (LNT) Downgraded to Hold at Zacks Investment Research (americanbankingnews.com)
- COPEL (ELP) Q1 Earnings Up Y/Y on Sales Growth, Lower Costs (finance.yahoo.com)
- Alliant Energy : Interstate Power and Light Company declares preferred stock dividend (4-traders.com)
Alliant Energy (NYSE:LNT) traded down 0.18% on Friday, reaching $39.75. 6,536,520 shares of the company’s stock traded hands. The stock has a market cap of $9.06 billion, a price-to-earnings ratio of 24.06 and a beta of 0.40. The stock has a 50 day moving average price of $39.70 and a 200 day moving average price of $38.21. Alliant Energy has a 12-month low of $34.88 and a 12-month high of $40.99.
Alliant Energy (NYSE:LNT) last released its quarterly earnings data on Wednesday, May 3rd. The utilities provider reported $0.43 EPS for the quarter, missing the consensus estimate of $0.44 by $0.01. The business had revenue of $853.90 million during the quarter. Alliant Energy had a net margin of 10.82% and a return on equity of 10.84%. Analysts forecast that Alliant Energy will post $2.01 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Monday, May 15th. Stockholders of record on Friday, April 28th were issued a $0.315 dividend. This represents a $1.26 annualized dividend and a dividend yield of 3.16%. The ex-dividend date of this dividend was Wednesday, April 26th. Alliant Energy’s dividend payout ratio (DPR) is currently 83.17%.
Several research analysts have weighed in on the stock. Zacks Investment Research upgraded shares of Alliant Energy from a “hold” rating to a “buy” rating and set a $45.00 price target on the stock in a research report on Friday. Barclays PLC reiterated a “hold” rating on shares of Alliant Energy in a research report on Wednesday, March 1st. Finally, Macquarie downgraded shares of Alliant Energy from an “outperform” rating to a “neutral” rating and set a $37.00 price target on the stock. in a research report on Tuesday, January 24th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Alliant Energy has a consensus rating of “Hold” and an average price target of $41.00.
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Alliant Energy Company Profile
Alliant Energy Corporation operates as a regulated investor-owned public utility holding company. The Company’s segments include Utility and Non-regulated, Parent and Other. The Utility segment includes the operations of Interstate Power and Light Company (IPL) and Wisconsin Power and Light Company (WPL), which serve retail customers in Iowa and Wisconsin.
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