Alliant Energy
Market Cap
US$11.8b
Last Updated
2021/03/03 23:10 UTC
Data Sources
Company Financials +
Executive Summary
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. More Details
Rewards
Risk Analysis
Snowflake Analysis
Established dividend payer with proven track record.
Similar Companies
Share Price & News
How has Alliant Energy's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LNT is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: LNT's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
-1.3%
LNT
-1.6%
US Electric Utilities
-3.4%
US Market
1 Year Return
-18.9%
LNT
-15.0%
US Electric Utilities
29.4%
US Market
Return vs Industry: LNT underperformed the US Electric Utilities industry which returned -9.2% over the past year.
Return vs Market: LNT underperformed the US Market which returned 36.6% over the past year.
Shareholder returns
| LNT | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.3% | -1.6% | -3.4% |
| 30 Day | -4.2% | -6.6% | 0.6% |
| 90 Day | -12.1% | -5.5% | 6.3% |
| 1 Year | -16.5%-18.9% | -12.1%-15.0% | 32.2%29.4% |
| 3 Year | 34.8%23.3% | 22.0%11.8% | 51.3%41.7% |
| 5 Year | 54.4%32.5% | 25.7%7.9% | 119.6%95.2% |
Long-Term Price Volatility Vs. Market
How volatile is Alliant Energy's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Returns On Capital At Alliant Energy (NASDAQ:LNT) Paint An Interesting Picture2 weeks ago | Simply Wall St
A Note On Alliant Energy Corporation's (NASDAQ:LNT) ROE and Debt To Equity1 month ago | Simply Wall St
Read This Before Buying Alliant Energy Corporation (NASDAQ:LNT) For Its DividendValuation
Is Alliant Energy undervalued compared to its fair value and its price relative to the market?
18.98x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: LNT ($46.91) is trading above our estimate of fair value ($41.38)
Significantly Below Fair Value: LNT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: LNT is good value based on its PE Ratio (19x) compared to the US Electric Utilities industry average (19.5x).
PE vs Market: LNT is good value based on its PE Ratio (19x) compared to the US market (21.4x).
Price to Earnings Growth Ratio
PEG Ratio: LNT is poor value based on its PEG Ratio (2.9x)
Price to Book Ratio
PB vs Industry: LNT is overvalued based on its PB Ratio (2.1x) compared to the US Electric Utilities industry average (1.7x).
Next Steps
Future Growth
How is Alliant Energy forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
6.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LNT's forecast earnings growth (6.6% per year) is above the savings rate (2%).
Earnings vs Market: LNT's earnings (6.6% per year) are forecast to grow slower than the US market (19.8% per year).
High Growth Earnings: LNT's earnings are forecast to grow, but not significantly.
Revenue vs Market: LNT's revenue (3.8% per year) is forecast to grow slower than the US market (10.3% per year).
High Growth Revenue: LNT's revenue (3.8% 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 (11.8%).
Next Steps
Past Performance
How has Alliant Energy performed over the past 5 years?
12.3%
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%) are higher than last year (15.3%).
Past Earnings Growth Analysis
Earnings Trend: LNT's earnings have grown by 12.3% per year over the past 5 years.
Accelerating Growth: LNT's earnings growth over the past year (10.1%) is below its 5-year average (12.3% per year).
Earnings vs Industry: LNT earnings growth over the past year (10.1%) exceeded the Electric Utilities industry -6.1%.
Return on Equity
High ROE: LNT's Return on Equity (10.4%) is considered low.
Next Steps
Financial Health
How is Alliant Energy's financial position?
Financial Position Analysis
Short Term Liabilities: LNT's short term assets ($887.0M) do not cover its short term liabilities ($1.3B).
Long Term Liabilities: LNT's short term assets ($887.0M) do not cover its long term liabilities ($10.5B).
Debt to Equity History and Analysis
Debt Level: LNT's debt to equity ratio (121.7%) is considered high.
Reducing Debt: LNT's debt to equity ratio has increased from 101.8% to 121.7% over the past 5 years.
Debt Coverage: LNT's debt is not well covered by operating cash flow (7%).
Interest Coverage: LNT's interest payments on its debt are not well covered by EBIT (2.5x coverage).
Balance Sheet
Next Steps
Dividend
What is Alliant Energy current dividend yield, its reliability and sustainability?
3.24%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: LNT's dividend (3.24%) is higher than the bottom 25% of dividend payers in the US market (1.32%).
High Dividend: LNT's dividend (3.24%) is low compared to the top 25% of dividend payers in the US market (3.72%).
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 (61.5%), 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 (61.8% payout ratio).
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Management
How experienced are the management team and are they aligned to shareholders interests?
2.1yrs
Average management tenure
CEO
John Larsen (56 yo)
1.67yrs
Tenure
US$7,619,999
Compensation
Mr. John O. Larsen has been the President at Alliant Energy Corporation since January 1, 2018 and has been its Chairman and Chief Executive Officer since July 1, 2019 and also serves as its Chief Operating...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD7.62M) is about average for companies of similar size in the US market ($USD10.48M).
Compensation vs Earnings: John's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 1.67yrs | US$7.62m | 0.028% $ 3.3m | |
| Executive VP & CFO | 4.25yrs | US$2.09m | 0.021% $ 2.4m | |
| President of Iowa Energy & Senior VP of Operations | 0.17yr | US$847.15k | 0.013% $ 1.6m | |
| President of Wisconsin Energy & Senior VP of Operations | 0.17yr | US$817.88k | 0.0062% $ 729.9k | |
| Executive VP | 10.33yrs | US$1.93m | 0.018% $ 2.1m | |
| Chief Accounting Officer & Controller | 4.25yrs | no data | 0.0038% $ 442.6k | |
| VP & Chief Information Officer | 1.17yrs | no data | no data | |
| Manager of Investor Relations | no data | no data | no data | |
| Vice President of Communications & Marketing | 2.25yrs | no data | no data | |
| VP & Treasurer | 2.08yrs | no data | no data | |
| Assistant Controller | no data | no data | no data | |
| Assistant Corporate Secretary | no data | no data | no data |
2.1yrs
Average Tenure
49yo
Average Age
Experienced Management: LNT's management team is considered experienced (2.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 1.67yrs | US$7.62m | 0.028% $ 3.3m | |
| Independent Director | 9.67yrs | US$250.00k | 0.0015% $ 176.6k | |
| Independent Director | 5.67yrs | US$251.05k | 0.000080% $ 9.4k | |
| Independent Director | 20.17yrs | US$235.58k | 0.0059% $ 695.7k | |
| Lead Independent Director | no data | US$267.88k | 0.00080% $ 94.2k | |
| Independent Director | 7.67yrs | US$250.00k | 0.0022% $ 263.7k | |
| Independent Director | 2.67yrs | US$243.50k | 0.00040% $ 47.1k | |
| Independent Director | 15.33yrs | US$287.23k | no data | |
| Independent Director | 1.17yrs | no data | no data |
6.7yrs
Average Tenure
56yo
Average Age
Experienced Board: LNT's board of directors are considered experienced (6.7 years average tenure).
Ownership
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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Alliant Energy Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Alliant Energy Corporation
- Ticker: LNT
- Exchange: NasdaqGS
- Founded: 1981
- Industry: Electric Utilities
- Sector: Utilities
- Market Cap: US$11.772b
- Shares outstanding: 249.88m
- Website: https://www.alliantenergy.com
Number of Employees
Location
- Alliant Energy Corporation
- 4902 N. Biltmore Lane
- Madison
- Wisconsin
- 53718
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| LNT | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Jan 1969 |
| AY1 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jan 1969 |
| 0HCT | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Jan 1969 |
| A1EN34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EACH 1 REPR 1 COM | BR | BRL | Jan 2020 |
Biography
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: Util...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/03 23:10 |
| End of Day Share Price | 2021/03/03 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.