NasdaqGS:LNT

Stock Analysis Report

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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


Snowflake Analysis

Established dividend payer with solid 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 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

2.9%

LNT

0.8%

US Electric Utilities

-1.3%

US Market


1 Year Return

3.7%

LNT

-0.3%

US Electric Utilities

18.5%

US Market

Return vs Industry: LNT exceeded the US Electric Utilities industry which returned -0.3% over the past year.

Return vs Market: LNT underperformed the US Market which returned 18.5% over the past year.


Shareholder returns

LNTIndustryMarket
7 Day2.9%0.8%-1.3%
30 Day11.7%11.5%5.3%
90 Day4.5%5.7%7.5%
1 Year6.7%3.7%3.1%-0.3%21.3%18.5%
3 Year40.8%28.6%12.3%2.9%42.4%32.9%
5 Year117.4%87.7%49.1%27.4%84.2%63.5%

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

Valuation

Is Alliant Energy undervalued compared to its fair value and its price relative to the market?

21.11x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: LNT ($55.64) is trading above our estimate of fair value ($34.09)

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 (21.1x) compared to the US Electric Utilities industry average (19.6x).

PE vs Market: LNT is poor value based on its PE Ratio (21.1x) compared to the US market (19x).


Price to Earnings Growth Ratio

PEG Ratio: LNT is poor value based on its PEG Ratio (3.9x)


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 (2x).


Next Steps

Future Growth

How is Alliant Energy forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

5.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: LNT's forecast earnings growth (5.4% per year) is above the savings rate (2.2%).

Earnings vs Market: LNT's earnings (5.4% per year) are forecast to grow slower than the US market (22.2% per year).

High Growth Earnings: LNT's earnings are forecast to grow, but not significantly.

Revenue vs Market: LNT's revenue (3.6% per year) is forecast to grow slower than the US market (10.1% per year).

High Growth Revenue: LNT's revenue (3.6% 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%).


Next Steps

Past Performance

How has Alliant Energy performed over the past 5 years?

10.8%

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 (14.3%).


Past Earnings Growth Analysis

Earnings Trend: LNT's earnings have grown by 10.8% per year over the past 5 years.

Accelerating Growth: LNT's earnings growth over the past year (25.7%) exceeds its 5-year average (10.8% per year).

Earnings vs Industry: LNT earnings growth over the past year (25.7%) exceeded the Electric Utilities industry 6.3%.


Return on Equity

High ROE: LNT's Return on Equity (11.2%) 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 ($1.0B) do not cover its short term liabilities ($1.2B).

Long Term Liabilities: LNT's short term assets ($1.0B) do not cover its long term liabilities ($10.3B).


Debt to Equity History and Analysis

Debt Level: LNT's debt to equity ratio (117.4%) is considered high.

Reducing Debt: LNT's debt to equity ratio has increased from 101.3% to 117.4% over the past 5 years.

Debt Coverage: LNT's debt is not well covered by operating cash flow (10.4%).

Interest Coverage: LNT's interest payments on its debt are not well covered by EBIT (2.7x coverage).


Balance Sheet


Next Steps

Dividend

What is Alliant Energy current dividend yield, its reliability and sustainability?

2.73%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: LNT's dividend (2.73%) is higher than the bottom 25% of dividend payers in the US market (1.64%).

High Dividend: LNT's dividend (2.73%) is low compared to the top 25% of dividend payers in the US market (4.68%).


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 (55.8%), 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 (63.3% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.8yrs

Average management tenure


CEO

John Larsen (56 yo)

1.25yrs

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 ($USD7.62M) is below average for companies of similar size in the US market ($USD11.20M).

Compensation vs Earnings: John's compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
John Larsen
Chairman1.25yrsUS$7.62m0.020%
$ 2.8m
Robert Durian
Executive VP & CFO3.83yrsUS$2.09m0.014%
$ 1.9m
James Gallegos
Executive VP9.92yrsUS$1.93m0.012%
$ 1.7m
Terry Kouba
President of Interstate Power & Light Company1.75yrsUS$847.15k0.011%
$ 1.6m
David de Leon
President of Wisconsin Power & Light Company1.75yrsUS$817.88k0.0040%
$ 559.8k
Benjamin Bilitz
Chief Accounting Officer & Controller3.83yrsno data0.00071%
$ 98.6k
Tom Tang
VP & Chief Information Officer0.75yrno datano data
Susan Gille
Manager of Investor Relationsno datano datano data
Aimee Davis
Vice President of Communications & Marketing1.83yrsno datano data
Kevin Burke
President of Travero8.75yrsno datano data
Barbara Tormaschy
VP & Treasurer1.67yrsno datano data
Melissa Kehoe
Assistant Controllerno datano datano data

1.8yrs

Average Tenure

55yo

Average Age

Experienced Management: LNT's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
John Larsen
Chairman1.25yrsUS$7.62m0.020%
$ 2.8m
Patrick Allen
Independent Director9.25yrsUS$250.00k0.0015%
$ 208.4k
Thomas O'Toole
Independent Director5.25yrsUS$251.05k0.000080%
$ 11.1k
Singleton McAllister
Independent Director19.75yrsUS$235.58k0.0059%
$ 822.3k
Dean Oestreich
Lead Independent Directorno dataUS$267.88k0.00080%
$ 111.1k
Susan Whiting
Independent Director7.25yrsUS$250.00k0.0022%
$ 311.1k
Roger Newport
Independent Director2.25yrsUS$243.50k0.00040%
$ 55.6k
Carol Sanders
Independent Director14.92yrsUS$287.23kno data
Michael Garcia
Independent Director0.75yrno datano data
Jillian Evanko
Independent Director1.67yrsUS$240.00k0.000040%
$ 5.6k

5.3yrs

Average Tenure

56yo

Average Age

Experienced Board: LNT's board of directors are considered experienced (5.3 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 been diluted in the past year, with total shares outstanding growing by 5.1%.


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: 1917
  • Industry: Electric Utilities
  • Sector: Utilities
  • Market Cap: US$13.890b
  • Shares outstanding: 249.64m
  • Website: https://www.alliantenergy.com

Number of Employees


Location

  • Alliant Energy Corporation
  • 4902 North Biltmore Lane
  • Madison
  • Wisconsin
  • 53718
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LNTNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDJan 1969
AY1DB (Deutsche Boerse AG)YesCommon StockDEEURJan 1969
0HCTLSE (London Stock Exchange)YesCommon StockGBUSDJan 1969
A1EN34BOVESPA (Bolsa de Valores de Sao Paulo)BDR EACH 1 REPR 1 COMBRBRLJan 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 through three segments: ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/21 23:58
End of Day Share Price2020/10/21 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.