On 2016-07-08, Alliant Energy Corporation (NYSE:LNT) confirmed the dividend disbursement of $0.294 a share to shareholders as on record 2016-07-29. The firm will release dividend on 2016-08-15 while ex-dividend date is reported to be 2016-07-27.
The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Alliant Energy Corporation (NYSE:LNT) paid a total of $0.294 per share in dividends. This figure stood at $0.294 a share in the same period a year ago indicating a deviation of 7.8431%.
Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $42 on the stock. This figure is the average of recommendations offered by 2 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $42 and $42, respectively.
Taking the mathematical rating formula, the price for Alliant Energy Corporation (NYSE:LNT) stands at 2.2. Earnings Review Alliant Energy Corporation (NYSE:LNT) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-03. For the period ending on 2016-09-30, experts are expecting EPS of $0.87.
Coming to the quarter ending on 2015-12-31, Alliant Energy Corporation (NYSE:LNT) recorded EPS of $0.37. The reported numbers came lower than the analysts’ estimates of $0.37, demonstrating a miss of $0 as against reported figures.
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