Alliant Energy Corporation (LNT) Stock Price & Analysis
Alliant Energy Corporation (LNT) closed at USD 70.3 on Thursday, October 22, 2026, up 2.79% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 68.39; the Oct 22, 2026 session ranged USD 68.51–70.46 on volume of 3,074,505 shares. Market capitalization is $18.23B, with a 52-week range of USD 62.54–78.81 (NMS). Source: Nexqual, retrieved October 23, 2026 at 09:26 UTC.
Also available as compact Markdown for AI agents: nexqual.com/LNT.md
Key facts (LNT)
- Last four reported quarters (through Jun 30, 2026): revenue $4.43B, net income $817M (18.4% margin) (SEC filings).
- Valuation: P/E 22.3x (avg 20.4x at the last 3 fiscal year-ends).
- Earnings quality: non-operating income -$334M vs operating income $980M over the last four quarters; P/E excluding non-operating income ≈15.8x (estimate: non-operating income taxed at the company's 0% effective rate).
- 1 of 80 tracked superinvestors hold LNT (13F, Q2 2026): 0 new, 0 added, 1 reduced, 0 unchanged.
- Analysts: Buy (mean 2.29 on a 1–5 scale) (14 analysts), mean target USD 75.12 (range 66–83).
- Total return with dividends: 1Y +5.7% vs S&P 500 +14.9%; 5Y +44.2% vs S&P 500 +80.3%.
- Next earnings: 2026-10-29, EPS estimate USD 1.31, revenue estimate $1.32B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (LNT)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $3.67B | $4.21B | $4.03B | $3.98B | $4.36B | $4.43B |
| Gross profit | $3.13B | $3.63B | $3.44B | $3.37B | $3.74B | — |
| Operating income | $795M | $928M | $943M | $886M | $1.02B | $980M |
| Net income | $674M | $686M | $703M | $690M | $810M | $817M |
| EPS (diluted) | $2.63 | $2.73 | $2.78 | $2.69 | $3.14 | — |
| Free cash flow | -$587M | -$998M | — | — | — | — |
| Gross margin | 85.4% | 86.4% | 85.5% | 84.6% | 85.7% | — |
| Operating margin | 21.7% | 22.1% | 23.4% | 22.3% | 23.5% | 22.1% |
| Net margin | 18.4% | 16.3% | 17.5% | 17.3% | 18.6% | 18.4% |
| Revenue growth | +7.4% | +14.6% | -4.2% | -1.1% | +9.6% | — |
| Cash + short-term investments | $39.0M | $20.0M | $62.0M | $81.0M | — | — |
| Total debt | $7.37B | $8.08B | $9.03B | $9.85B | $12.0B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (LNT)
P/E 22.3x · P/E ex non-operating (est.) ≈15.8x · P/S 4.1x · P/B 2.4x · Earnings yield 4.48% · Dividend yield (paid, TTM) 2.93%
P/E at fiscal year-ends: Dec 2025 20.7x, Dec 2024 22.0x, Dec 2023 18.5x.
Superinvestors (SEC 13F-HR, Q2 2026) (LNT)
1 of 80 tracked investors hold LNT. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Mairs & Power | Mairs & Power Funds | 1.86% | $203M | Reduced -8.0% |
Analysts (LNT)
Consensus Buy (mean 2.29 on a 1–5 scale), 14 analysts; mean target USD 75.12 (low 66, high 83).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-22 | HSBC | Initiated | Hold | $69.5 |
| 2026-10-13 | Barclays | Target lowered | Equal-Weight | $73 → $68 |
| 2026-08-03 | BMO Capital | Target lowered | Outperform | $80 → $78 |
| 2026-08-03 | Mizuho | Target lowered | Neutral | $76 → $75 |
| 2026-07-22 | BMO Capital | Target lowered | Outperform | $83 → $80 |
| 2026-07-15 | BMO Capital | Target raised | Outperform | $81 → $83 |
| 2026-07-08 | TD Cowen | Initiated | Hold |
Total return (dividends reinvested) (LNT)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +5.7% | +44.2% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +5.7% | +7.6% |
| Volatility (annualized) | 17.1% | 19.3% |
| Max drawdown | -18.4% (Jul 2026→Sep 2026) | -23.6% (Aug 2022→Oct 2022) |
LNT analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $1.31 | $1.22 | +7.1% | $1.32B | 8 |
| Next quarter (ends Dec 2026) | $0.64 | $0.79 | -18.7% | $1.10B | 1 |
| Current fiscal year (ends Dec 2026) | $3.43 | $3.42 | +0.4% | $4.55B | 10 |
| Next fiscal year (ends Dec 2027) | $3.68 | $3.69 | -0.2% | $4.82B | 14 |
LNT options: expected move
Options price a move of about ±5.8% (±$4.05) by Nov 20, 2026, which includes earnings on Oct 29, 2026.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 25.7% | ±5.8% |
| Dec 18, 2026 | 56 | 21.5% | ±6.7% |
| Jan 15, 2027 | 84 | 23.2% | ±8.8% |
| Apr 16, 2027 | 175 | 19.0% | ±10.4% |
30-day implied volatility 19.6% vs 19.3% realized over the last 30 trading days. Put/call ratio (volume) 0.18. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 09:26 UTC)
| Price | USD 70.3 |
|---|---|
| Change | ▲ 2.79% (up) |
| Previous Close | USD 68.39 |
| Open | USD 68.51 |
| Day Range | USD 68.51 – 70.46 |
| 52-Week Range | USD 62.54 – 78.81 |
| Volume | 3,074,505 shares |
| Market Cap | $18.23B |
| Exchange | NMS |
Technical Analysis (LNT)
Nexqual's technical model rates LNT "BUY" based on 5 bullish and 2 bearish signals across 127 daily candles, as of October 23, 2026 at 09:26 UTC.
| Overall Signal | BUY |
|---|---|
| RSI (14) | 66.86 (neutral) |
| vs SMA50 | Above (USD 66.96) |
| MACD | 0.66 (positive) |
Analyst Ratings (LNT)
Wall Street analysts rate LNT "Buy" based on 14 analysts, with a mean price target of USD 75.12 (range USD 66–83), per Nexqual as of October 23, 2026 at 09:26 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 14 |
| Mean Target | USD 75.12 |
| High Target | USD 83 |
| Low Target | USD 66 |
| Buy / Hold / Sell | 8 / 6 / 0 |
Earnings (LNT)
| Next Earnings Date | 2026-10-29 |
|---|---|
| EPS Estimate | USD 1.31 |
| Revenue Estimate | $1.32B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.65 vs est 0.58 ▲ beat |
| 2026-03-31 | USD 0.82 vs est 0.8 ▲ beat |
| 2025-12-31 | USD 0.6 vs est 0.58 ▲ beat |
| 2025-09-30 | USD 1.12 vs est 1.19 ▼ miss |
Source: Nexqual, October 23, 2026 at 09:26 UTC.
Financials & Fundamentals (LNT)
| Total Revenue | $4.43B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +1.00% |
| Gross Margin | +44.50% |
| Operating Margin | +19.05% |
| Profit Margin | +18.45% |
| ROE | +11.13% |
| Debt / Equity | 1.61 |
| Current Ratio | 0.47 |
| Total Cash | $25.00M |
| Total Debt | $12.12B |
Source: Nexqual, October 23, 2026 at 09:26 UTC.
Financial Health Score (LNT)
Nexqual rates Alliant Energy Corporation's overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 09:26 UTC.
| Growth | Solid — Revenue +10% YoY (annual) |
|---|---|
| Profitability | Strong — Gross margin 45%, operating 19% (last 12 months) |
| Balance Sheet | Critical — $753M cash and investments vs $11.7B debt (Sep 2025, SEC) |
| Cash Flow | Solid — Operating cash flow $1.17B (FY ended Dec 2025, 10-K) |
| Efficiency | Mixed — ROE 11%, ROA 2.4% |
Ownership (LNT)
| Insider Ownership | +0.15% |
|---|---|
| Institutional Ownership | +99.04% |
| Shares Outstanding | 259.28M |
| Float | 258.44M |
| Short % of Float | +12.21% |
Source: Nexqual, October 23, 2026 at 09:26 UTC.
Leadership (LNT)
Alliant Energy Corporation is led by Lisa M. Barton, President, CEO & Director, per Nexqual as of October 23, 2026 at 09:26 UTC.
| President, CEO & Director | Lisa M. Barton |
|---|---|
| Executive VP & CFO | Robert J. Durian |
| Executive VP & Chief Strategy Officer | Rajagopalan Sundararajan |
| Executive Vice President of Power Generation & Gas Strategy | Antonio P. Smyth |
| Vice President of Strategic Financial Planning & Investor Relations | Melissa A. Kehoe |
Major Backers & Investors (LNT)
Notable institutional backers of Alliant Energy Corporation include Price (T.Rowe) Associates Inc, Jupiter Topco LLC, Massachusetts Financial Services Co., according to Nexqual as of October 23, 2026 at 09:26 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Price (T.Rowe) Associates Inc | 4.88% |
| Jupiter Topco LLC | 4.65% |
| Massachusetts Financial Services Co. | 2.94% |
| JANUS INVESTMENT FUND-Janus Henderson Enterprise Fund | 2.93% |
| Victory Capital Management Inc. | 2.73% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 13.23% |
| BlackRock | 10.58% |
| State Street | 7.44% |
| Nuveen | 3.34% |
| Geode Capital | 3.14% |
Source: Nexqual, October 23, 2026 at 09:26 UTC.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| EVRG | Evergy, Inc. | USD 84.95 | ▲ 2.16% |
| EMA | Emera Incorporated | USD 49.36 | ▲ 4.2% |
| CMS | CMS Energy Corporation | USD 70.3 | ▲ 3.19% |
| EIX | Edison International | USD 57.9 | ▲ 1.24% |
| KEP | Korea Electric Power Corporatio | USD 10.72 | ▼ 0.09% |
| ES | Eversource Energy (D/B/A) | USD 67.84 | ▲ 3.41% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:26 UTC. This page is informational and not investment advice.
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