The Question Is Whether To Buy Or Not To Buy Alliant Energy Corp. (NASDAQ: LNT)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. The stock was recently discussed on Yahoo Finance as it revealed that Wisconsin Power and Light Company Prices Public Offering of Green Bonds.

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Stocks Info

Alliant Energy Corp. is listed on the NASDAQ as a member of the Utilities sector and is a part of the Utilities – Regulated Electric industry. The current market capitalization of Alliant Energy Corp. is $12.56B. A total of 2.12 million shares were traded on the day, compared to an average of 1.99M shares.

In the most recent transaction, Barton Lisa M bought 1,100 shares of LNT for 48.56 per share on Feb 20 ’24. After the transaction, the President and CEO now owns 36,444 company shares. In a previous transaction on Feb 20 ’24, Sundararajan Raja bought 500 shares at 48.26 per share. LNT shares that Executive Vice President owns now total 10,556.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Alliant Energy Corp. pays an annual dividend of $1.84, resulting in a dividend yield of 3.75%, and it has a price to earnings (P/E) ratio of 17.67. LNT’s most recent ex-dividend date was 1/30/2024 when it declared a $0.48 quarterly dividend that was paid in cash on 2/15/2024. Previously, the company paid the dividend on 11/15/2023 with an ex-dividend date of 10/30/2023. The LNT stock dividend was $0.4525 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, LNT has a high of $56.26 and a low of $45.15.

As of this writing, LNT has an earnings estimate of $0.64 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $0.82 per share and a lower estimate of $0.32. The company reported an EPS of $1.05 in the last quarter, which was 12.90% higher than expectations of $0.93.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. LNT’s latest balance sheet shows that the firm has $39.00M in Cash & Short Term Investments as of fiscal 2021. There were $7.88B in debt and $2.05B in liabilities at the time. Its Book Value Per Share was $26.50, while its Total Shareholder’s Equity was $5.99B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for LNT is Buy with a score of 3.80.

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