Stock Price & Analysis

Based on the provided data, here's a concise analysis of LNT stock:

Technical Analysis The stock is currently trading at $59.88 in post-market, showing a modest gain of +0.67% during regular trading hours and +0.02% in post-market. The stock is trading near its Fibonacci resistance level of $59.93, with support at $58.39. The RSI-14 reading of 54.33 indicates neutral momentum, neither overbought nor oversold.

Fundamental Analysis Scotiabank recently downgraded LNT from Buy to Hold with a price target of $67, suggesting a potential upside of 10.8% from current levels. The analyst notes that while 2025's outlook for electricity demand is robust, utility stocks may face near-term headwinds due to regulatory risks.

Recent Developments

• The company recently declared a quarterly dividend of $0.5075 per share, payable on February 18, 2025
• Upcoming Q4 earnings report expected on February 20, 2025, with analysts anticipating EPS of $0.68
• Full-year 2024 EPS expected at $3.04, with 2025 projections at $3.24

Recommendation Based on the neutral technical indicators, recent analyst downgrade, and current price action near resistance levels, holding LNT stock at current levels appears more prudent than initiating new positions.

Based on the current market data and analyst projections, Alliant Energy (LNT) stock is expected to reach $62.35 by the end of 2025, representing a 4.1% upside from the current price of $59.88, driven by projected earnings growth of 6.6% to $3.24 per share in fiscal 2025. The company's stable dividend history of 317 consecutive quarters since 1946 and its position as an S&P 500 Dividend Aristocrat supports this moderate growth projection. Technical indicators show the stock is currently trading near its Fibonacci resistance level of $59.93 with an RSI of 54.33, suggesting a neutral to slightly bullish momentum in the near term.

The S1 support level for LNT Stock is $58.55 ,The R1 resistant level for LNT Stock is $61.6.

As of the end of day on 2025-02-14, the price of LNT Stock was $60.92.

The target price for LNT Stock according to analyst rating is 62.17, with the highest price target at 67.00 and the lowest at 57.00. Analysts have a Hold rating on LNT Stock overall.

The market cap of LNT is $15.7B.

Based on the latest data, LNT appears to be moderately overvalued with a P/E ratio of 23.59 in Q3 2024, which is higher than the utility sector average. The company's EV/EBITDA ratio has increased to 15.39, indicating premium valuation compared to historical levels. Recent analyst actions show Scotiabank downgrading LNT to Hold from Buy, suggesting limited upside potential despite raising the price target to $67. The stock's underperformance compared to sector benchmarks (XLU) and reduced earnings guidance further supports the overvaluation thesis. The current price of $59.88 represents limited upside to analysts' mean price target of $62.35, suggesting the stock is trading above its fair value.

Alliant Energy Corporation operates as a regulated investor-owned public utility holding company. The Company's primary focus is to provide regulated electric and natural gas service to its customers in the Midwest through its two public utility subsidiaries: Interstate Power and Light Company (IPL) and Wisconsin Power and Light Company (WPL). Its segments include Utility, and ATC Holdings, Non-utility, Parent and Other. The Utility segment includes the operations of IPL and WPL, which primarily serve retail customers in Iowa and Wisconsin. The Utility segment includes three operations: utility electric operations, utility gas operations and utility other. The ATC Holdings, Non-utility, Parent and Other segment includes the operations of Alliant Energy Finance, LLC (AEF) and its subsidiaries, Corporate Services, the Alliant Energy parent company, and any Alliant Energy parent company consolidating adjustments. AEF is comprised of the Company's interest in ATC Holdings.

Based on the provided data and market analysis, here is the price prediction for LNT stock by 2030:

Alliant Energy (LNT) stock is projected to reach $85-90 by 2030, driven by its strong regulated utility business model and planned capital investments in renewable energy infrastructure. The company's consistent dividend growth history as a Dividend Aristocrat and strategic initiatives like reopening the Duane Arnold nuclear plant by 2028 support this bullish outlook. The expected earnings growth of 6.6% annually and the company's essential services position in Iowa and Wisconsin markets provide a solid foundation for sustained price appreciation.

LNT has a total of 3281 employees.