Alliant Energy (LNT) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $63.14 to $64.19
• 50-Day Range: $56.24 to $63.32
• 52-Week Range: $46.80 to $64.19
• Volume: 2.36 million shs
• Average Volume: 1.63 million shs
• Market Capitalization: $16.33 billion
• P/E Ratio: 24.66
• Dividend Yield: 3.02%
• Price Target: $63.06
• Consensus Rating: Hold

Alliant Energy Stock Analysis - MarketRank™

Alliant Energy scored higher than 88% of companies evaluated by MarketBeat, and ranked 26th out of 90 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.2 / 5
• Analyst Rating: Hold

Consensus Rating

Alliant Energy has received a consensus rating of Hold. The company's average rating score is 2.44, and is based on 4 buy ratings, 5 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Alliant Energy has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 6.25%

Earnings Growth

Earnings for Alliant Energy are expected to grow by 6.25% in the coming year, from $3.04 to $3.23 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Alliant Energy is 24.66, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.80.

Price to Earnings Ratio vs. Sector

The P/E ratio of Alliant Energy is 24.66, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 99.16.

Price to Earnings Growth Ratio

Alliant Energy has a PEG Ratio of 3.13. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Alliant Energy has a P/B Ratio of 2.40. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

2.88% of the outstanding shares of Alliant Energy have been sold short.

Short Interest Ratio / Days to Cover

Alliant Energy has a short interest ratio ("days to cover") of 5.4.

Change versus previous month

Short interest in Alliant Energy has recently increased by 8.66%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

Alliant Energy pays a meaningful dividend of 3.03%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Alliant Energy has been increasing its dividend for 21 years.

Dividend Coverage

The dividend payout ratio of Alliant Energy is 74.42%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Alliant Energy will have a dividend payout ratio of 59.44% next year. This indicates that Alliant Energy will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 2.6 / 5
• Environmental Score: -4.37

Percentage of Shares Shorted

2.88% of the outstanding shares of Alliant Energy have been sold short.

Short Interest Ratio / Days to Cover

Alliant Energy has a short interest ratio ("days to cover") of 5.4.

Change versus previous month

Short interest in Alliant Energy has recently increased by 8.66%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 0.97

News Sentiment

Alliant Energy has a news sentiment score of 0.97. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.70 average news sentiment score of Utilities companies.

News Coverage This Week

MarketBeat has tracked 11 news articles for Alliant Energy this week, compared to 7 articles on an average week.

Search Interest

Only 4 people have searched for LNT on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

6 people have added Alliant Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Alliant Energy insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.31% of the stock of Alliant Energy is held by insiders.

Percentage Held by Institutions

79.90% of the stock of Alliant Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

LNT Stock Analysis - Frequently Asked Questions

How have LNT shares performed this year?

Alliant Energy's stock was trading at $51.30 at the beginning of the year. Since then, LNT shares have increased by 24.0% and is now trading at $63.63.
View the best growth stocks for 2024 here.

How were Alliant Energy's earnings last quarter?

Alliant Energy Co. (NASDAQ:LNT) announced its quarterly earnings data on Thursday, October, 31st. The company reported $1.15 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.10 by $0.05. The business's revenue for the quarter was up .4% on a year-over-year basis.
Read the conference call transcript.

When did Alliant Energy's stock split?

Shares of Alliant Energy split before market open on Friday, May 20th 2016. The 2-1 split was announced on Wednesday, April 20th 2016. The newly minted shares were payable to shareholders after the market closes on Thursday, May 19th 2016. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Who are Alliant Energy's major shareholders?

Top institutional investors of Alliant Energy include Janus Henderson Group PLC (4.17%), Geode Capital Management LLC (2.57%), Massachusetts Financial Services Co. MA (2.54%) and Charles Schwab Investment Management Inc. (0.86%). Insiders that own company stock include Lisa M Barton, Raja Sundararajan and Nancy Joy Falotico.
View institutional ownership trends.

How do I buy shares of Alliant Energy?

Shares of LNT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Alliant Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Alliant Energy investors own include Chevron (CVX), Bristol-Myers Squibb (BMY), Comcast (CMCSA), Charles Schwab (SCHW), McKesson (MCK), Yum! Brands (YUM) and Edwards Lifesciences (EW).

Company Calendar

• Last Earnings: 10/31/2024
• Ex-Dividend for 11/15 Dividend: 10/31/2024
• Dividend Payable: 11/15/2024
• Today: 11/25/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/20/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Utilities
• Industry: Electric & other services combined
• Sub-Industry: Utilities
• Current Symbol: NASDAQ:LNT
• CUSIP: N/A
• CIK: 352541
• Web: www.alliantenergy.com
• Phone: (608) 458-3311
• Fax: 608-458-0132
• Employees: 3,281
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $63.06
• High Stock Price Target: $67.00
• Low Stock Price Target: $59.00
• Potential Upside/Downside: -0.6%
• Consensus Rating: Hold
• Rating Score (0-4): 2.44
• Research Coverage: 9 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.58
• Trailing P/E Ratio: 24.59
• Forward P/E Ratio: 20.87
• P/E Growth: 3.13
• Net Income: $703 million
• Net Margins: 16.66%
• Pretax Margin: 14.04%
• Return on Equity: 10.56%
• Return on Assets: 3.31%

Debt

• Debt-to-Equity Ratio: 1.33
• Current Ratio: 0.86
• Quick Ratio: 0.72

Sales & Book Value

• Annual Sales: $4.03 billion
• Price / Sales: 4.04
• Cash Flow: $5.46 per share
• Price / Cash Flow: 11.63
• Book Value: $26.56 per share
• Price / Book: 2.39

Miscellaneous

• Outstanding Shares: 256,600,000
• Free Float: 255,804,000
• Market Cap: $16.28 billion
• Optionable: Optionable
• Beta: 0.58