Alliant Energy Corporation operates as a utility holding company that provides regulated electricity and natural gas services in the Midwest region of the United States.
Alliant Energy Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$57.11|
|52 Week High||US$45.99|
|52 Week Low||US$62.35|
|1 Month Change||-5.74%|
|3 Month Change||-0.035%|
|1 Year Change||11.22%|
|3 Year Change||34.16%|
|5 Year Change||49.07%|
|Change since IPO||371.01%|
Recent News & Updates
Investors Met With Slowing Returns on Capital At Alliant Energy (NASDAQ:LNT)
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Is Alliant Energy Corporation (NASDAQ:LNT) Worth US$58.6 Based On Its Intrinsic Value?
Today we will run through one way of estimating the intrinsic value of Alliant Energy Corporation ( NASDAQ:LNT ) by...
Why Alliant Energy Remains A Fair Buy
Alliant Energy's non-GAAP EPS payout ratio is positioned to remain the same from 2020 to 2021, using the company's midpoint guidance for 2021. Despite more significant COVID headwinds in Q1 2021 than Q1 2020, Alliant Energy's total revenue only fell 1.6% year-over-year and non-GAAP EPS declined 5.6%. Although Alliant Energy's interest coverage ratio declined from 2.2 in Q1 2020 to 2.1 in Q1 2021, this was solely due to a slight decline in EBIT. Alliant Energy is a high-quality business, essentially trading at fair value based on my inputs into the discounted cash flows model and dividend discount model. Alliant Energy's 2.9% yield, 6.0-7.0% annual earnings growth potential, and static valuation multiple make it likely that the company will deliver 9-10% annual total returns over the next decade.
Does Alliant Energy (NASDAQ:LNT) Have A Healthy Balance Sheet?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
|LNT||US Electric Utilities||US Market|
Return vs Industry: LNT underperformed the US Electric Utilities industry which returned 13.3% over the past year.
Return vs Market: LNT underperformed the US Market which returned 35.3% over the past year.
Stable Share Price: LNT is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: LNT's weekly volatility (2%) has been stable over the past year.
About the Company
Alliant Energy Corporation operates as a utility holding company that provides regulated electricity and natural gas services in the Midwest region of the United States. It operates in three segments: Utility Electric Operations, Utility Gas Operations, and Utility Other. The company, through its subsidiary, Interstate Power and Light Company (IPL), primarily generates and distributes electricity, and distributes and transports natural gas to retail customers in Iowa; sells electricity to wholesale customers in Minnesota, Illinois, and Iowa; and generates and distributes steam in Cedar Rapids, Iowa.
Alliant Energy Fundamentals Summary
|LNT fundamental statistics|
Is LNT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|LNT income statement (TTM)|
|Cost of Revenue||US$1.95b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||2.50|
|Net Profit Margin||18.09%|
How did LNT perform over the long term?See historical performance and comparison
2.8%Current Dividend Yield
Is Alliant Energy undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: LNT ($57.11) is trading above our estimate of fair value ($47.27)
Significantly Below Fair Value: LNT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: LNT is poor value based on its PE Ratio (22.9x) compared to the US Electric Utilities industry average (21.5x).
PE vs Market: LNT is poor value based on its PE Ratio (22.9x) compared to the US market (17.9x).
Price to Earnings Growth Ratio
PEG Ratio: LNT is poor value based on its PEG Ratio (3.4x)
Price to Book Ratio
PB vs Industry: LNT is overvalued based on its PB Ratio (2.5x) compared to the US Electric Utilities industry average (1.9x).
How is Alliant Energy forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LNT's forecast earnings growth (6.7% per year) is above the savings rate (2%).
Earnings vs Market: LNT's earnings (6.7% per year) are forecast to grow slower than the US market (14.8% per year).
High Growth Earnings: LNT's earnings are forecast to grow, but not significantly.
Revenue vs Market: LNT's revenue (4.6% per year) is forecast to grow slower than the US market (9.8% per year).
High Growth Revenue: LNT's revenue (4.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: LNT's Return on Equity is forecast to be low in 3 years time (11.4%).
How has Alliant Energy performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LNT has high quality earnings.
Growing Profit Margin: LNT's current net profit margins (18.1%) are higher than last year (18.1%).
Past Earnings Growth Analysis
Earnings Trend: LNT's earnings have grown by 12% per year over the past 5 years.
Accelerating Growth: LNT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: LNT had negative earnings growth (-2.5%) over the past year, making it difficult to compare to the Electric Utilities industry average (1.6%).
Return on Equity
High ROE: LNT's Return on Equity (10.4%) is considered low.
How is Alliant Energy's financial position?
Financial Position Analysis
Short Term Liabilities: LNT's short term assets ($899.0M) do not cover its short term liabilities ($1.6B).
Long Term Liabilities: LNT's short term assets ($899.0M) do not cover its long term liabilities ($10.3B).
Debt to Equity History and Analysis
Debt Level: LNT's debt to equity ratio (121.5%) is considered high.
Reducing Debt: LNT's debt to equity ratio has increased from 103.4% to 121.5% over the past 5 years.
Debt Coverage: LNT's debt is not well covered by operating cash flow (5.3%).
Interest Coverage: LNT's interest payments on its debt are not well covered by EBIT (2.6x coverage).
What is Alliant Energy current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: LNT's dividend (2.82%) is higher than the bottom 25% of dividend payers in the US market (1.33%).
High Dividend: LNT's dividend (2.82%) is low compared to the top 25% of dividend payers in the US market (3.6%).
Stability and Growth of Payments
Stable Dividend: LNT's dividends per share have been stable in the past 10 years.
Growing Dividend: LNT's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (62.6%), LNT's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: LNT's dividends in 3 years are forecast to be covered by earnings (62.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
John Larsen (57 yo)
Mr. John O. Larsen serves as Director at CUNA Mutual Holding Company since April 1, 2021. Mr. Larsen has been the President at Alliant Energy Corporation since January 1, 2018 and has been its Chairman and...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD11.02M) is about average for companies of similar size in the US market ($USD11.36M).
Compensation vs Earnings: John's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: LNT's management team is considered experienced (2.6 years average tenure).
Experienced Board: LNT's board of directors are considered experienced (6.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Alliant Energy Corporation's employee growth, exchange listings and data sources
- Name: Alliant Energy Corporation
- Ticker: LNT
- Exchange: NasdaqGS
- Founded: 1981
- Industry: Electric Utilities
- Sector: Utilities
- Market Cap: US$14.292b
- Shares outstanding: 250.26m
- Website: https://www.alliantenergy.com
Number of Employees
- Alliant Energy Corporation
- 4902 N. Biltmore Lane
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/25 22:13|
|End of Day Share Price||2021/09/24 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.