Alliant Energy Corp (NASDAQ: LNT) is 7.27% higher on its value in year-to-date trading and has touched a low of $47.23 and a high of $66.54 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The LNT stock was last observed hovering at around $64.26 in the last trading session, with the day’s loss setting it -0.82%.
Currently trading at $63.44, the stock is 2.04% and 5.41% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.09 million and changing -1.28% at the moment leaves the stock 9.79% off its SMA200. LNT registered 32.91% gain for a year compared to 6-month gain of 8.87%.
The stock witnessed a 7.04% loss in the last 1 month and extending the period to 3 months gives it a 0.38%, and is -0.84% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.29% over the week and 1.78% over the month.
Alliant Energy Corp (LNT) has around 2998 employees, a market worth around $16.28B and $3.98B in sales. Current P/E ratio is 23.62 and Fwd P/E is 18.47. Profit margin for the company is 17.33%. Distance from 52-week low is 34.32% and -4.66% from its 52-week high. The company has generated returns on investments over the last 12 months (4.34%).
The EPS is expected to grow by 5.79% this year
The shares outstanding are 256.32M, and float is at 256.00M with Short Float at 3.30%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 32.24 million shares valued at $1.64 billion. The investor’s holdings represent 12.5722 of the LNT Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 23.52 million shares valued at $1.2 billion to account for 9.1713 of the shares outstanding. The other top investors are STATE STREET CORP which holds 16.1 million shares representing 6.2809 and valued at over $819.71 million, while VICTORY CAPITAL MANAGEMENT INC holds 4.2731 of the shares totaling 10.96 million with a market value of $557.67 million.
Alliant Energy Corp (LNT) Insider Activity
A total of 0 insider transactions have happened at Alliant Energy Corp (LNT) in the last six months, with sales accounting for 0 and purchases happening 0 times.
Alliant Energy Corp (LNT): Who are the competitors?
One of the company’s main competitors (and peers) include Duke Energy Corp. (DUK) that is trading 22.49% up over the past 12 months.Exelon Corp. (EXC) lies in the list of competitors of the Alliant Energy Corp and is 18.24% higher over the same period from LNTSempra (SRE) is 1.78% up on the 1-year trading charts.
