| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 1/6 |
| Past Performance | 4/6 |
| Financial Health | 0/6 |
| Dividends | 4/6 |
LNT Stock Overview
Alliant Energy Corporation operates as a utility holding company that provides regulated electricity and natural gas services.
Alliant Energy Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$63.35 |
| 52 Week High | US$65.37 |
| 52 Week Low | US$54.20 |
| Beta | 0.46 |
| 1 Month Change | 8.92% |
| 3 Month Change | 7.63% |
| 1 Year Change | 3.73% |
| 3 Year Change | 22.70% |
| 5 Year Change | 49.98% |
| Change since IPO | 422.47% |
Recent News & Updates
Alliant Energy GAAP EPS of $0.63 beats by $0.05, revenue of $943M beats by $71.67M
Alliant Energy press release (NASDAQ:LNT): Q2 GAAP EPS of $0.63 beats by $0.05. Revenue of $943M (+15.4% Y/Y) beats by $71.67M. With strong year-to-date results, currently tracking toward the upper half of 2022 earnings guidance range of $2.67 to $2.81 per share.
Does Alliant Energy (NASDAQ:LNT) Have A Healthy Balance Sheet?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Brunswick division Mercury Marine partnered with Alliant Energy for building 5 MW solar array
Brunswick (NYSE:BC) division Mercury Marine partnered with Alliant Energy (NASDAQ:LNT) for building a 5 MW, 32-acre solar array in eastern Fond du Lac County to advance the company's sustainability initiatives and the region's growing commitment to renewable energy. The Ledgeview Solar Project is the first to be developed under Alliant Energy’s Renewable Energy Partner program; project will offset 10% of the electricity Mercury uses on its Fond du Lac campus. The project will include 12K+ solar panels generating enough electricity to power ~1.3K homes annually. Construction on the project is expected to start in spring 2023 with operations to commence in October 2023. "Our investment in this solar infrastructure, combined with our other solar investments, will provide clean, renewable energy and propel us toward our goal to derive 50% of our electricity usage from renewable sources by the end of 2030," Mercury Marine president commented.
Shareholder Returns
| LNT | US Electric Utilities | US Market | |
|---|---|---|---|
| 7D | 3.4% | 3.4% | 3.2% |
| 1Y | 3.7% | 8.3% | -10.2% |
Return vs Industry: LNT underperformed the US Electric Utilities industry which returned 8.3% over the past year.
Return vs Market: LNT exceeded the US Market which returned -10.2% over the past year.
Price Volatility
| LNT volatility | |
|---|---|
| LNT Average Weekly Movement | 3.3% |
| Electric Utilities Industry Average Movement | 3.4% |
| Market Average Movement | 7.7% |
| 10% most volatile stocks in US Market | 16.9% |
| 10% least volatile stocks in US Market | 3.2% |
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.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1981 | 3,313 | John Larsen | https://www.alliantenergy.com |
Alliant Energy Corporation operates as a utility holding company that provides regulated electricity and natural gas services. It operates through 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 Corporation Fundamentals Summary
| LNT fundamental statistics | |
|---|---|
| Market Cap | US$15.90b |
| Earnings (TTM) | US$695.00m |
| Revenue (TTM) | US$3.96b |
22.9x
P/E Ratio4.0x
P/S RatioIs LNT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| LNT income statement (TTM) | |
|---|---|
| Revenue | US$3.96b |
| Cost of Revenue | US$2.32b |
| Gross Profit | US$1.65b |
| Other Expenses | US$952.00m |
| Earnings | US$695.00m |
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.77 |
| Gross Margin | 41.56% |
| Net Profit Margin | 17.54% |
| Debt/Equity Ratio | 131.6% |
How did LNT perform over the long term?
See historical performance and comparison