NasdaqGS:LNT

Stock Analysis Report

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.

Snowflake

Fundamentals

Established dividend payer with acceptable 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


Market Performance


7 Day Return

0.02%

NasdaqGS:LNT

0.1%

US Electric Utilities

-1.6%

US Market


1 Year Return

19.6%

NasdaqGS:LNT

13.9%

US Electric Utilities

-3.0%

US Market

LNT outperformed the Electric Utilities industry which returned 13.9% over the past year.

LNT outperformed the Market in United States of America which returned -3% over the past year.


Share holder returns

LNTIndustryMarket
7 Day0.02%0.1%-1.6%
30 Day4.6%2.4%-5.7%
90 Day6.0%3.1%0.2%
1 Year23.3%19.6%17.8%13.9%-0.8%-3.0%
3 Year49.6%36.2%37.3%23.6%38.1%29.1%
5 Year107.8%76.6%71.6%42.4%50.8%34.1%

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 based on future cash flows and its price relative to the stock market?

23.9x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Alliant Energy's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Alliant Energy's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Alliant Energy is overvalued based on earnings compared to the US Electric Utilities industry average.

Alliant Energy is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

Alliant Energy is poor value based on expected growth next year.


Price Based on Value of Assets

Alliant Energy is overvalued based on assets compared to the US Electric Utilities industry average.


Next Steps

Future Growth

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

7.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Alliant Energy's revenue is expected to grow by 5.2% yearly, however this is not considered high growth (20% yearly).

Alliant Energy's earnings are expected to grow by 7.5% yearly, however this is not considered high growth (20% yearly).

Alliant Energy's revenue growth is positive but not above the United States of America market average.

Alliant Energy's earnings growth is positive but not above the United States of America market average.

Alliant Energy's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Alliant Energy is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Alliant Energy performed over the past 5 years?

7.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Alliant Energy's year on year earnings growth rate has been positive over the past 5 years.

Alliant Energy's 1-year earnings growth is less than its 5-year average (5.5% vs 7%)

Alliant Energy's earnings growth has exceeded the US Electric Utilities industry average in the past year (5.5% vs 4.2%).


Return on Equity

Alliant Energy has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Alliant Energy used its assets more efficiently than the US Electric Utilities industry average last year based on Return on Assets.


Return on Capital Employed

Alliant Energy's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Alliant Energy's financial position?


Financial Position Analysis

Alliant Energy's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Alliant Energy's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Alliant Energy's level of debt (133.4%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (103% vs 133.4% today).

Debt is not well covered by operating cash flow (8.1%, less than 20% of total debt).

Interest payments on debt are not well covered by earnings (EBIT is 2.5x annual interest expense, ideally 3x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.2x debt.


Next Steps

Dividend

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

2.91%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Alliant Energy's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.52%).

Alliant Energy's dividend is below the markets top 25% of dividend payers in United States of America (3.93%).

Dividends per share have been stable in the past 10 years.

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are covered by earnings (1.6x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be covered by earnings (1.6x coverage).


Next Steps

Management

What is the CEO of Alliant Energy's salary, the management and board of directors tenure and is there insider trading?

0.7yrs

Average management tenure


CEO

John Larsen (55yo)

0.1yrs

Tenure

US$2,452,950

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

John's remuneration is lower than average for companies of similar size in United States of America.

John's compensation has increased by more than 20% in the past year whilst earnings grew less than 20%.


Management Age and Tenure

0.7yrs

Average Tenure

55yo

Average Age

The average tenure for the Alliant Energy management team is less than 2 years, this suggests a new team.


Board Age and Tenure

5.1yrs

Average Tenure

55yo

Average Age

The tenure for the Alliant Energy board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

BuyUS$54,74817 Sep 18
Deborah Dunie
EntityIndividual
Shares1,250
Max PriceUS$43.80

Ownership Breakdown


Management Team

  • Jim Gallegos (58yo)

    Senior VP

    • Tenure: 8.8yrs
    • Compensation: US$1.79m
  • Kevin Burke (59yo)

    President of Alliant Energy Transportation

    • Tenure: 7.6yrs
  • John Larsen (55yo)

    Chairman

    • Tenure: 0.1yrs
    • Compensation: US$2.45m
  • Terry Kouba (59yo)

    Senior Vice President

    • Tenure: 0.6yrs
  • Robert Durian (48yo)

    Senior VP & CFO

    • Tenure: 2.7yrs
    • Compensation: US$1.84m
  • Ben Bilitz (44yo)

    Chief Accounting Officer & Controller

    • Tenure: 2.7yrs
  • Barbara Tormaschy (54yo)

    VP & Treasurer

    • Tenure: 0.5yrs
  • David de Leon (56yo)

    Senior Vice President

    • Tenure: 0.6yrs
  • Sue Gille

    Manager of Investor Relations

    • Tenure: 0.0yrs
  • Aimee Davis (46yo)

    Vice President of Communications & Marketing

    • Tenure: 0.7yrs

Board Members

  • Patrick Allen (55yo)

    Director

    • Tenure: 8.1yrs
    • Compensation: US$225.00k
  • Tom O’Toole (61yo)

    Director

    • Tenure: 4.1yrs
    • Compensation: US$237.50k
  • Singleton McAllister (66yo)

    Director

    • Tenure: 18.6yrs
    • Compensation: US$227.97k
  • John Larsen (55yo)

    Chairman

    • Tenure: 0.1yrs
    • Compensation: US$2.45m
  • Dean Oestreich (67yo)

    Lead Independent Director

    • Tenure: 0.0yrs
    • Compensation: US$275.12k
  • Susan Whiting (62yo)

    Director

    • Tenure: 6.1yrs
    • Compensation: US$240.00k
  • Roger Newport (54yo)

    Director

    • Tenure: 1.1yrs
    • Compensation: US$117.50k
  • Carol Sanders (51yo)

    Director

    • Tenure: 13.8yrs
    • Compensation: US$249.62k
  • Jill Evanko (41yo)

    Director

    • Tenure: 0.5yrs

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$12.266b
  • Shares outstanding: 237.52m
  • 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

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 Analysis2019/08/24 23:31
End of Day Share Price2019/08/23 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.