27-Mar-2024
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Christie Raymond Appointed to Alliant Energy Board of Directors
Business Wire (Fri, 8-Mar 5:00 PM ET)
Wisconsin Power and Light Company Prices Public Offering of Green Bonds
Business Wire (Mon, 4-Mar 5:47 PM ET)
Communities Received Nearly $11M from Alliant Energy in 2023
Business Wire (Mon, 26-Feb 10:00 AM ET)
Alliant Energy Announces 2023 Results
Business Wire (Thu, 15-Feb 6:00 PM ET)
Business Wire (Tue, 13-Feb 5:15 PM ET)
Alliant Energy Corporation Announces Year-End 2023 Earnings Release and Conference Call
Business Wire (Tue, 23-Jan 5:00 PM ET)
Alliant Energy Corporation declares quarterly common stock dividend
Business Wire (Fri, 12-Jan 5:00 PM ET)
Alliant Energy is the parent of two regulated utilities, Interstate Power and Light and Wisconsin Power and Light, serving nearly 1 million electric customers and 425,000 natural gas-only customers. Both subsidiaries engage in the generation and distribution of electricity and the distribution and transportation of natural gas. Alliant also owns a 16% interest in American Transmission Co.
Alliant Energy trades on the NASDAQ stock market under the symbol LNT.
As of March 27, 2024, LNT stock price climbed to $49.77 with 1,706,723 million shares trading.
LNT has a beta of 0.43, meaning it tends to be less sensitive to market movements. LNT has a correlation of 0.08 to the broad based SPY ETF.
LNT has a market cap of $12.75 billion. This is considered a Large Cap stock.
Last quarter Alliant Energy reported $961 million in Revenue and $.48 earnings per share. This fell short of revenue expectation by $-159 million and missed earnings estimates by -$.07.
In the last 3 years, LNT stock traded as high as $65.37 and as low as $45.15.
The top ETF exchange traded funds that LNT belongs to (by Net Assets): VTI, VOO, VO, DVY, SDY.
LNT has underperformed the market in the last year with a return of -0.4%, while the SPY ETF gained +33.9%. In the last 3 month period, LNT fell short of the market, returning -1.3%, while SPY returned +10.3%. However, in the most recent 2 weeks LNT has outperformed the stock market by returning +2.1%, while SPY returned +1.5%.
LNT support price is $47.73 and resistance is $48.79 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that LNT stock will trade within this expected range on the day.