51.04 +0.40 (0.79%)
After hours: 4:02PM EDT
|Bid||49.01 x 900|
|Ask||50.67 x 2900|
|Day's Range||50.42 - 51.69|
|52 Week Range||37.66 - 60.28|
|Beta (5Y Monthly)||0.28|
|PE Ratio (TTM)||22.65|
|Earnings Date||Jul 30, 2020 - Aug 03, 2020|
|Forward Dividend & Yield||1.52 (3.03%)|
|Ex-Dividend Date||Apr 29, 2020|
|1y Target Est||53.00|
The utilities sector is made up of companies that provide electricity, natural gas, water, sewage and other services to homes and businesses. Many of these companies are heavily regulated, and include Duke Energy Corp. (DUK), Southern Co. (SO), and American Electric Power Co. Inc. (AEC). Utilities stocks, as represented by the Utilities Select Sector SPDR ETF (XLU), have underperformed the broader market with a total return of -0.7% compared to the S&P 500's total return of 8.7% over the past 12 months. These market performance numbers and the statistics in the tables below are as of May 26.
MADISON, Wis., May 26, 2020 -- Interstate Power and Light Company (“IPL”), a wholly owned subsidiary of Alliant Energy Corporation (NASDAQ: LNT), announced the pricing of its.
Alliant Energy (LNT) announces plans to acquire and advance 675 megawatts (MW) of solar in mostly rural areas in six Wisconsin counties: Grant, Jefferson, Richland, Rock, Sheboygan and Wood. The projects are the next step in the company's Clean Energy Blueprint, a strategic roadmap to cost-effectively accelerate renewable energy while reducing carbon emissions. Once operational, the energy from the projects will be enough to power 175,000 homes per year – making Alliant Energy the largest owner-operator of solar in Wisconsin.
Alliant Energy customers in Wisconsin are now receiving energy from the newly constructed West Riverside Energy Center. The 730-megawatt, highly efficient, combined-cycle natural gas generating station is located near Beloit, Wisconsin.
Alliant Energy Corporation (NASDAQ:LNT) last week reported its latest first-quarter results, which makes it a good...
Joining me on this call are John Larsen, chairman, president, and chief executive officer; and Robert Durian, executive vice president and CFO. Following prepared remarks by John and Robert, we will have time to take questions from the investment community.
Alliant Energy's (LNT) first-quarter earnings beat the Zacks Consensus Estimate and electric and gas utility customer counts increase year over year.
MADISON, Wis., May 07, 2020 -- Alliant Energy Corporation (NASDAQ: LNT) today announced U.S. generally accepted accounting principles (GAAP) and non-GAAP consolidated unaudited.
Utility earnings in the first quarter are expected to have benefited from higher residential demand, while milder winter weather conditions could have offset some of the positives.
Alliant Energy (LNT) customers in Wisconsin would see steady electric and natural gas rates into 2021 under a proposal the company filed today with the Public Service Commission of Wisconsin (PSCW). This proposal delays the periodic rate review the company otherwise would have filed this month, while providing additional support and stability for customers during the ongoing COVID-19 health crisis. “While the pandemic continues to create uncertainty, we are doing all we can to keep supporting our customers and the communities we serve,” said David de Leon, President, Alliant Energy – Wisconsin.
EDF Renewables and Alliant Energy’s Iowa energy company, today announced that the 200 megawatt (MW) Golden Plains Wind Project (Project) achieved commercial operation on March 27 and is delivering clean electricity to Iowa customers. Located in Winnebago and Kossuth counties in the north central portion of Iowa, the Project injected millions of dollars into the economy and employed hundreds of workers at the peak of construction.
MADISON, Wis., April 20, 2020 -- Alliant Energy Corporation (NASDAQ: LNT) has scheduled its first quarter 2020 earnings release for Thursday, May 7th, after market close. A.
Assessing Alliant Energy Corporation's (NasdaqGS:LNT) performance as a company requires looking at more than just a...
MADISON, Wisc., April 09, 2020 -- The Alliant Energy Corporation (NASDAQ: LNT) Board of Directors today declared a quarterly cash dividend of $0.38 per share payable on May 15,.
MADISON, Wis., April 09, 2020 -- Alliant Energy (NASDAQ: LNT) is making a $2 million donation to its Hometown Care Energy Fund. The fund assists customers that need financial.
MADISON, Wis., March 30, 2020 -- Wisconsin Power and Light Company (“WPL”), a wholly owned subsidiary of Alliant Energy Corporation (NASDAQ: LNT), announced the pricing of its.
We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
Today we are going to look at Alliant Energy Corporation (NASDAQ:LNT) to see whether it might be an attractive...
(Bloomberg) -- Xerox Holdings Corp. plans to expand its slate of nominees to replace the board of HP Inc. to 12 directors with the addition of former Alliant Energy Corp. Chief Executive Officer Erroll B. Davis Jr., according to people familiar with the matter.His nomination is expected to come as early as Monday, said the people, asking not to be identified because the matter is private. Davis has served on the boards of several high-profile companies, including Union Pacific Corp., General Motors Co., PPG Industries Inc. and BP Plc.Representatives for Xerox and HP declined to comment. HP had previously said it believed Xerox’s nominations are a “self-serving tactic by Xerox to advance its proposal, that significantly undervalues HP and creates meaningful risk to the detriment of HP shareholders.”The move comes as Xerox and HP executives are expected to meet this week to discuss HP’s ongoing concerns about the tie-up between the companies.Davis’s nomination follows a decision by HP to temporarily expand its board to 13 members with the addition of NXP Semiconductors NV CEO Richard Clemmer last month. Former HP CEO Dion Weisler has already said he plans to step down as a director after the annual meeting, which will shrink the board size to 12 members at that time, HP said.At the time of Clemmer’s appointment to the board on Feb. 27, HP said it would give 10 days to Xerox to nominate an additional director.With the addition of Davis, Xerox continues to push to replace the entire board of HP in order to help facilitate a merger between the companies. Concurrently, Xerox officially launched a tender offer to acquire HP last week after the personal computer giant continued to rebuff its efforts for a tie-up.Xerox is offering $24 a share in cash and stock -- or roughly $35 billion -- to acquire HP. The photocopying pioneer has said combining would yield $2 billion in cost savings and more than $1 billion in additional revenue growth. Activist investor Carl Icahn, who owns an 11% stake in Xerox and a 4.4% stake in HP, has also been advocating for a merger between the two companies.HP’s board has rejected Xerox’s offer, arguing it undervalues the Palo Alto, California-based company. HP announced last month it will return $16 billion to shareholders as part of a standalone plan.Xerox said in a regulatory filing that executives for both companies, including Xerox CEO John Visentin and HP CEO Enrique Lores, spoke by telephone on March 3. Lores said he would like to arrange an in-person meeting to have an an “in depth conversation” about the three concerns HP has about a tie-up, namely the value exchange, capital structure and synergies, Xerox said in the filing.“Visentin responded that Xerox had already made an offer to combine the companies that Xerox believes HP stockholders support, and had no intention of deviating from the course and timeline of the offer, but added that Xerox would be willing to meet and listen if HP has an offer or proposal that it believes addresses their concerns and creates value for Xerox shareholders,” according to the filing.Xerox said the parties planned to schedule a meeting for this week.To contact the reporter on this story: Scott Deveau in New York at firstname.lastname@example.orgTo contact the editors responsible for this story: Liana Baker at email@example.com, Matthew Monks, Elizabeth FournierFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.