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.
Solid track record established dividend payer.
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's share price has been volatile over the past 3 months.
7 Day Return
US Electric Utilities
1 Year Return
US Electric Utilities
Return vs Industry: LNT exceeded the US Electric Utilities industry which returned -7.1% over the past year.
Return vs Market: LNT exceeded the US Market which returned -14.9% over the past year.
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
2 weeks ago | Simply Wall StHere's How P/E Ratios Can Help Us Understand Alliant Energy Corporation (NASDAQ:LNT)
1 month ago | Simply Wall StHow Does Alliant Energy Corporation's (NASDAQ:LNT) Earnings Growth Stack Up Against Industry Performance?
1 month ago | Simply Wall StWhat Kind Of Shareholder Appears On The Alliant Energy Corporation's (NASDAQ:LNT) Shareholder Register?
Is Alliant Energy undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: LNT ($46.92) is trading below our estimate of fair value ($133.74)
Significantly Below Fair Value: LNT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: LNT is poor value based on its PE Ratio (20.1x) compared to the Electric Utilities industry average (18.9x).
PE vs Market: LNT is poor value based on its PE Ratio (20.1x) compared to the US market (12.5x).
Price to Earnings Growth Ratio
PEG Ratio: LNT is poor value based on its PEG Ratio (3x)
Price to Book Ratio
PB vs Industry: LNT is overvalued based on its PB Ratio (2.2x) compared to the US Electric Utilities industry average (1.8x).
How is Alliant Energy forecast to perform in the next 1 to 3 years based on estimates from 8 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 (1.7%).
Earnings vs Market: LNT's earnings (6.7% per year) are forecast to grow slower than the US market (12.2% 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 (7.1% 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 (11.3%).
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 (15.3%) are higher than last year (14.5%).
Past Earnings Growth Analysis
Earnings Trend: LNT's earnings have grown by 8.8% per year over the past 5 years.
Accelerating Growth: LNT's earnings growth over the past year (8.8%) exceeds its 5-year average (8.8% per year).
Earnings vs Industry: LNT earnings growth over the past year (8.8%) exceeded the Electric Utilities industry 6%.
Return on Equity
High ROE: LNT's Return on Equity (10.3%) is considered low.
How is Alliant Energy's financial position?
Financial Position Analysis
Short Term Liabilities: LNT's short term assets ($875.5M) do not cover its short term liabilities ($2.1B).
Long Term Liabilities: LNT's short term assets ($875.5M) do not cover its long term liabilities ($9.2B).
Debt to Equity History and Analysis
Debt Level: LNT's debt to equity ratio (120.8%) is considered high.
Reducing Debt: LNT's debt to equity ratio has increased from 107.3% to 120.8% over the past 5 years.
Debt Coverage: LNT's debt is not well covered by operating cash flow (10.1%).
Interest Coverage: LNT's interest payments on its debt are not well covered by EBIT (2.6x coverage).
What is Alliant Energy's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: LNT's dividend (3.24%) is higher than the bottom 25% of dividend payers in the US market (2.04%).
High Dividend: LNT's dividend (3.24%) is low compared to the top 25% of dividend payers in the US market (5.7%).
Stability and Growth of Payments
Stable Dividend: LNT's dividends per share have been stable in the past 10 years.
Growing Dividend: LNT's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (60.8%), LNT's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: LNT's dividends in 3 years are forecast to be covered by earnings (63.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
John Larsen (55yo)
Mr. John O. Larsen has been the President at Alliant Energy Corporation since January 1, 2018 and has been its Chairman and Chief Executive Officer since July 1, 2019 and also serves as its Chief Operating ...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD2.45M) is below average for companies of similar size in the US market ($USD11.87M).
Compensation vs Earnings: John's compensation has increased by more than 20% in the past year.
|Executive VP & CFO||3.33yrs||US$1.84m||0.011% $1.3m|
|Executive VP||9.42yrs||US$1.79m||0.013% $1.5m|
|Chief Accounting Officer & Controller||3.33yrs||no data||0.00072% $84.4k|
|Manager of Investor Relations||no data||no data||no data|
|Vice President of Communications & Marketing||1.33yrs||no data||no data|
|Senior Vice President||1.25yrs||no data||0.012% $1.4m|
|Senior Vice President||1.25yrs||no data||0.0041% $481.7k|
|President of Alliant Energy Transportation||8.25yrs||no data||no data|
|VP & Treasurer||1.17yrs||no data||no data|
Experienced Management: LNT's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
|Independent Director||8.75yrs||US$225.00k||0.0015% $174.6k|
|Independent Director||4.75yrs||US$237.50k||0.000080% $9.4k|
|Independent Director||19.25yrs||US$227.97k||0.0059% $688.0k|
|Lead Independent Director||no data||US$275.12k||0.00082% $96.1k|
|Independent Director||6.75yrs||US$240.00k||0.0023% $268.4k|
|Independent Director||1.75yrs||US$117.50k||0.00041% $48.1k|
|Independent Director||14.42yrs||US$249.62k||no data|
|Director||0.25yr||no data||no data|
|Independent Director||1.17yrs||no data||0.000040% $4.7k|
Experienced Board: LNT's board of directors are considered experienced (4.8 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.1%.
Alliant Energy Corporation's company bio, employee growth, exchange listings and data sources
- Name: Alliant Energy Corporation
- Ticker: LNT
- Exchange: NasdaqGS
- Founded: 1917
- Industry: Electric Utilities
- Sector: Utilities
- Market Cap: US$11.720b
- Shares outstanding: 245.03m
- Website: https://www.alliantenergy.com
Number of Employees
- Alliant Energy Corporation
- 4902 North Biltmore Lane
- United States
|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|
|AY1||BRSE (Berne Stock Exchange)||Yes||Common Stock||CH||CHF||Jan 1969|
|A1EN34||BOVESPA (Bolsa de Valores de Sao Paulo)||BDR EACH 1 REPR 1 COM||BR||BRL||Jan 2020|
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: Electric, Gas, and 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, through its other subsidiary, Wisconsin Power and Light Company (WPL), generates and distributes electricity, and distributes and transports natural gas to retail customers in Wisconsin; and sells electricity to wholesale customers in Wisconsin. As of December 31, 2018, IPL supplied electricity to 490,000 retail customers and natural gas to 225,000 retail customers; and WPL supplied electricity to 475,000 retail customers and natural gas to 190,000 retail customers. It offers electric utility services to retail customers in the farming, agriculture, industrial manufacturing, chemical, and packaging industries. In addition, the company holds investments in various businesses, which provide freight services through a short-line railway between Cedar Rapids and Iowa City, Iowa; a barge terminal and hauling services on the Mississippi River; and other transfer and storage services. Further, it owns a 347 megawatt (MW) natural gas-fired electric generating unit near Sheboygan Falls, Wisconsin; and a 225 MW wind farm located in Franklin County, Iowa. Alliant Energy Corporation was founded in 1917 and is headquartered in Madison, Wisconsin.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/07 01:36|
|End of Day Share Price||2020/04/06 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.