Alliant Energy Corporation (LNT)
- Previous Close
51.11 - Open
50.90 - Bid 50.53 x 400
- Ask 50.58 x 400
- Day's Range
50.48 - 51.43 - 52 Week Range
45.15 - 56.26 - Volume
1,374,308 - Avg. Volume
1,603,300 - Market Cap (intraday)
13.104B - Beta (5Y Monthly) 0.56
- PE Ratio (TTM)
18.38 - EPS (TTM)
2.75 - Earnings Date Aug 1, 2024 - Aug 5, 2024
- Forward Dividend & Yield 1.92 (3.80%)
- Ex-Dividend Date Apr 29, 2024
- 1y Target Est
53.01
Alliant Energy Corporation operates as a utility holding company that provides regulated electricity and natural gas services in the United States. It operates in 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, 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. It serves retail customers in the farming, agriculture, industrial manufacturing, chemical, packaging, and food industries, as well as wholesale customers comprising municipalities and rural electric cooperatives. In addition, the company owns and operates a short-line rail freight service in Iowa; a Mississippi River barge, rail, and truck freight terminal in Illinois; freight brokerage services; wind turbine blade recycling services; and a rail-served warehouse in Iowa. Further, it holds interests in a natural gas-fired electric generating unit near Sheboygan Falls, Wisconsin; and a wind farm located in Oklahoma. The company was formerly known as Interstate Energy Corp. and changed its name to Alliant Energy Corporation in May 1999. Alliant Energy Corporation was incorporated in 1981 and is headquartered in Madison, Wisconsin.
www.alliantenergy.com3,281
Full Time Employees
December 31
Fiscal Year Ends
Sector
Utilities - Regulated Electric
Industry
Recent News: LNT
Performance Overview: LNT
Trailing total returns as of 6/6/2024, which may include dividends or other distributions. Benchmark is
.YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: LNT
Valuation Measures
Market Cap
13.10B
Enterprise Value
22.74B
Trailing P/E
18.59
Forward P/E
16.75
PEG Ratio (5yr expected)
2.30
Price/Sales (ttm)
3.27
Price/Book (mrq)
1.92
Enterprise Value/Revenue
5.71
Enterprise Value/EBITDA
12.63
Financial Highlights
Profitability and Income Statement
Profit Margin
17.53%
Return on Assets (ttm)
2.76%
Return on Equity (ttm)
10.62%
Revenue (ttm)
3.98B
Net Income Avi to Common (ttm)
698M
Diluted EPS (ttm)
2.75
Balance Sheet and Cash Flow
Total Cash (mrq)
32M
Total Debt/Equity (mrq)
141.81%
Levered Free Cash Flow (ttm)
-1.07B
Research Analysis: LNT
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Income opportunity
Alliant Energy is the parent company of two public utilities, Interstate Power & Light Co. and Wisconsin Power & Light Co., and also owns Alliant Energy Resources, the parent company of Alliant's nonregulated operations. The core utility service territories are in Iowa and Wisconsin. The company employs about 3,300 people. The shares are a component of the S&P 500.
RatingPrice TargetMonday Tee Up: CPI and WMT
Monday Tee Up: CPI and WMT
Alliant Energy Earnings: Regulatory Focus Remains in Iowa
Alliant Energy is the parent of two regulated utilities, Interstate Power and Light and Wisconsin Power and Light, serving nearly 1 million electric customers and 425,000 natural gas-only customers. Both subsidiaries engage in the generation and distribution of electricity and the distribution and transportation of natural gas. Alliant also owns a 16% interest in American Transmission Co.
RatingPrice TargetThe Argus Mid-Cap Model Portfolio
Small- and mid-cap stocks (SMID) have underperformed large-caps over the past 12 months, but may be in a better position to generate market-beating returns going forward. SMID companies tend to focus on domestic markets, so their businesses could be less disrupted by the fallout from global events. As well, the prices of SMID stocks generally are lower than the prices of large-caps. As well, there are long stretches in the record books when SMID stocks have outperformed large-caps. That said, SMID stocks can be risky. The standard deviation for monthly returns was 5.7% for SMID stocks over a 2003-2021 test period, versus 4.3% for large-caps. Still, despite the risks, diversified investors look to have exposure to small- and mid-caps based on the long-term performance record.