Alliant Energy Corporation (LNT)
- Previous Close
48.84 - Open
48.96 - Bid 49.61 x 200
- Ask 49.72 x 200
- Day's Range
48.94 - 49.67 - 52 Week Range
45.15 - 56.26 - Volume
264,241 - Avg. Volume
1,996,595 - Market Cap (intraday)
12.734B - Beta (5Y Monthly) 0.54
- PE Ratio (TTM)
17.87 - EPS (TTM)
2.78 - Earnings Date May 2, 2024
- Forward Dividend & Yield 1.92 (3.93%)
- Ex-Dividend Date Apr 29, 2024
- 1y Target Est
53.26
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 4/19/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
1-Year Return
3-Year Return
5-Year Return
Compare To: LNT
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Statistics: LNT
Valuation Measures
Market Cap
12.52B
Enterprise Value
21.97B
Trailing P/E
17.57
Forward P/E
15.92
PEG Ratio (5yr expected)
2.52
Price/Sales (ttm)
3.07
Price/Book (mrq)
1.85
Enterprise Value/Revenue
5.46
Enterprise Value/EBITDA
12.36
Financial Highlights
Profitability and Income Statement
Profit Margin
17.46%
Return on Assets (ttm)
2.77%
Return on Equity (ttm)
10.77%
Revenue (ttm)
4.03B
Net Income Avi to Common (ttm)
703M
Diluted EPS (ttm)
2.78
Balance Sheet and Cash Flow
Total Cash (mrq)
62M
Total Debt/Equity (mrq)
143.19%
Levered Free Cash Flow (ttm)
-1.11B
Research Analysis: LNT
Analyst Price Targets
Fair Value
Analyst Recommendations
Earnings
Research Reports: LNT
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Analyst Report: Alliant Energy Corporation
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.
RatingBullishPrice TargetAnalyst Report: Alliant Energy Corp.
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 and serve about 1.0 million electric and 425,000 natural gas customers. The company was founded in 1917 and is headquartered in Madison, Wisconsin. It is a component of the S&P 500.
RatingBullishPrice TargetMarket Digest: MKL, CHH, COF, DFS, HIG, LNT, MAN, TWLO, FOXA
We've seen growing evidence of rotation away from mega-cap tech. Indeed, even a textbook 'impressive' beat can lead to a 'sell the news' reaction for these stocks. Betting on more near-term upside from these stocks, no matter what they report, is a tough technical game as they all have extreme 14-day and 14-week Relative Strength Index (RSI) readings in the high 70s to mid-80s.