LNT Stock Recent News

Alliant Energy (LNT) will continue to benefit from its initiative to strengthen and expand its infrastructure, and its focus on adding clean assets to its portfolio.

Alliant Energy Corporation (NASDAQ:LNT ) Q3 2023 Earnings Conference Call November 3, 2023 10:00 AM ET Company Participants Susan Gille - Investor Relations Manager John Larsen - Chair and Chief Executive Officer Lisa Barton - President and Chief Operating Officer Robert Durian - Executive Vice President and Chief Financial Officer Conference Call Participants Nathan Richardson - Barclays Dariusz Lozny - Bank of America Ross Fowler - UBS Andrew Weisel - Scotiabank Alex Mortimer - Mizuho Securities Operator Thank you for holding, and welcome to Alliant Energy's Third Quarter 2023 Earnings Conference Call. At this time, all lines are in listen-only mode.

Utilities can be part of a portfolio geared toward reliable dividend growth. Thanks to its capital growth spending plans, Alliant Energy is a utility with a healthy growth outlook. The company's investment-grade credit rating can help to fund the electric and gas utility's growth ambitions.

The Utilities sector has outperformed the Nasdaq 100 ETF since Treasury yields hit their highs in October. Alliant Energy is rated as a buy due to its value, recent strength, and better regulatory conditions. LNT's earnings, valuation, and dividend yield forecasts suggest undervaluation and potential for growth.

MADISON, Wis.--(BUSINESS WIRE)--Alliant Energy Corporation (NASDAQ: LNT) has scheduled its third quarter 2023 earnings release for Thursday, November 2nd, after market close. A conference call to review the third quarter results is scheduled for Friday, November 3 at 9 a.m. CT. Alliant Energy will webcast the event live at www.alliantenergy.com/investors. The call is open to the public and will be hosted by John Larsen, Board Chair and CEO, Lisa Barton, President and COO and Robert Durian, Exec.

Alliant Energy (LNT) is expected to further benefit from its initiative to strengthen and expand its infrastructure. Clean assets will help serve its expanding customer base.

Alliant Energy is a midsized regulated electric and natural gas utility serving Wisconsin and Iowa. The company enjoys stable cash flow and pays a high dividend yield of 3.58%. Alliant Energy plans to invest $8.5 billion in its infrastructure to grow its rate base and earnings per share.

Alliant Energy's (LNT) second-quarter 2023 earnings increase year over year. The company's retail electric customers grow during the same period.

Alliant Energy's (LNT) second-quarter earnings are likely to have benefited from systematic capital investments and lower O&M expenses.

Utility companies are often perceived as boring investments, but sometimes they make up an important part of an investor's portfolio by providing above market average dividend yields. An underfollowed mid-cap utility with a history of strong operations is Alliant Energy Corp. ( LNT , Financial).