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Alliant Energy Corp’s stock reached an all-time high, hitting 67.13 USD. This milestone reflects a positive trajectory for the company, with an impressive year-to-date return of 15.74%. The utility giant, with a market capitalization of $17.24 billion, has demonstrated remarkable consistency in shareholder returns, maintaining dividend payments for 55 consecutive years with a current yield of 3.04%. The stock’s performance indicates robust investor confidence and a favorable market position. This all-time high underscores Alliant Energy’s strong operational execution and strategic initiatives, contributing to its steady growth over the past year. InvestingPro analysis reveals 8 additional key insights about Alliant Energy’s financial health and growth prospects, available in the comprehensive Pro Research Report.
In other recent news, Alliant Energy’s financial performance has garnered attention, particularly its second-quarter results. The company reported adjusted earnings per share of $0.68, surpassing consensus estimates of $0.64. This strong performance prompted BofA Securities to raise its price target for Alliant Energy to $70, while Jefferies increased its target to $74, citing data center growth. Mizuho also raised its price target to $70 and noted Alliant Energy’s reaffirmation of its 2025 EPS guidance range of $3.15-$3.25. Additionally, BMO Capital adjusted its price target to $68, highlighting the company’s 19% year-over-year earnings growth. Wolfe Research raised its price target to $72, acknowledging Alliant Energy’s significant role in the regulated renewables sector. These developments reflect a positive outlook from multiple analyst firms on Alliant Energy’s future performance.
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