About Alliant Energy (NYSE:LNT)
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 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, 2017, IPL supplied electricity to 490,000 retail customers and natural gas to 220,000 retail customers; and WPL supplied electricity to 470,000 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 paper 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 non-regulated 347 megawatt (MW) natural gas-fired electric generating unit near Sheboygan Falls, Wisconsin; and a non-regulated 99 MW Franklin County wind farm located in Franklin County, Iowa. Alliant Energy Corporation was founded in 1917 and is headquartered in Madison, Wisconsin.
Industry, Sector and Symbol
Industry Electric & other services combined
Trailing P/E Ratio21.93
Forward P/E Ratio20.31
Sales & Book Value
Annual Sales$3.38 billion
Price / Sales2.93
Cash Flow$4.0819 per share
Price / Cash10.50
Book Value$18.09 per share
Price / Book2.37
EPS (Most Recent Fiscal Year)$1.93
Net Income$467.50 million
Return on Equity11.11%
Return on Assets3.26%
Alliant Energy (NYSE:LNT) Frequently Asked Questions
What is Alliant Energy's stock symbol?
Alliant Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "LNT."
How often does Alliant Energy pay dividends? What is the dividend yield for Alliant Energy?
Alliant Energy declared a quarterly dividend on Monday, April 16th. Stockholders of record on Monday, April 30th will be paid a dividend of $0.335 per share on Tuesday, May 15th. This represents a $1.34 dividend on an annualized basis and a dividend yield of 3.13%. The ex-dividend date is Friday, April 27th. View Alliant Energy's Dividend History.
When did Alliant Energy's stock split? How did Alliant Energy's stock split work?
Alliant Energy's stock split on the morning of Friday, May 20th 2016. The 2-1 split was announced on Wednesday, April 20th 2016. The newly created shares were issued to shareholders after the closing bell on Thursday, May 19th 2016. An investor that had 100 shares of Alliant Energy stock prior to the split would have 200 shares after the split.
How will Alliant Energy's stock buyback program work?
Alliant Energy declared that its board has authorized a stock buyback program on Tuesday, January 16th 2018, which authorizes the company to buyback outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Shares buyback programs are generally a sign that the company's management believes its stock is undervalued.
How were Alliant Energy's earnings last quarter?
Alliant Energy (NYSE:LNT) released its quarterly earnings results on Thursday, February, 22nd. The utilities provider reported $0.33 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.36 by $0.03. The utilities provider had revenue of $856.10 million for the quarter, compared to analyst estimates of $896.94 million. Alliant Energy had a return on equity of 11.11% and a net margin of 13.82%. Alliant Energy's revenue for the quarter was up 7.4% on a year-over-year basis. During the same period last year, the business earned $0.28 EPS. View Alliant Energy's Earnings History.
When is Alliant Energy's next earnings date?
What guidance has Alliant Energy issued on next quarter's earnings?
Alliant Energy issued an update on its FY18 earnings guidance on Thursday, February, 22nd. The company provided earnings per share (EPS) guidance of $2.04-2.18 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.11.
What price target have analysts set for LNT?
6 Wall Street analysts have issued 12 month price targets for Alliant Energy's stock. Their predictions range from $40.00 to $45.00. On average, they anticipate Alliant Energy's share price to reach $42.8333 in the next year. View Analyst Ratings for Alliant Energy.
Who are some of Alliant Energy's key competitors?
Some companies that are related to Alliant Energy include Exelon (EXC), Public Service (PEG), Consolidated Edison (ED), PG&E (PCG), E.ON (EONGY), WEC Energy Group (WEC), Ameren (AEE), CMS Energy (CMS), NiSource (NI), Westar Energy (WR), United Utilities (UUGRY), SCANA (SCG), Allete (ALE), Avista (AVA) and NorthWestern (NWE).
Who are Alliant Energy's key executives?
Alliant Energy's management team includes the folowing people:
- Ms. Patricia Leonard Kampling, Chairman & CEO (Age 58)
- Mr. John O. Larsen, Pres (Age 54)
- Mr. Robert J. Durian, Sr. VP, CFO & Treasurer (Age 47)
- Mr. James H. Gallegos, Sr. VP, Gen. Counsel & Corp. Sec. (Age 57)
- Mr. Douglas R. Kopp, Sr. VP of Operations (Age 64)
Has Alliant Energy been receiving favorable news coverage?
Media coverage about LNT stock has been trending somewhat positive on Thursday, Accern Sentiment reports. The research firm identifies positive and negative media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Alliant Energy earned a news sentiment score of 0.12 on Accern's scale. They also gave media coverage about the utilities provider an impact score of 47.11 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.
How do I buy shares of Alliant Energy?
Shares of LNT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Alliant Energy's stock price today?
One share of LNT stock can currently be purchased for approximately $42.86.
How big of a company is Alliant Energy?
Alliant Energy has a market capitalization of $9.74 billion and generates $3.38 billion in revenue each year. The utilities provider earns $467.50 million in net income (profit) each year or $1.93 on an earnings per share basis. Alliant Energy employs 3,989 workers across the globe.
How can I contact Alliant Energy?
Alliant Energy's mailing address is 4902 NORTH BILTMORE LANE, MADISON WI, 53718. The utilities provider can be reached via phone at 608-458-3311 or via email at [email protected]
MarketBeat Community Rating for Alliant Energy (LNT)MarketBeat's community ratings are surveys of what our community members think about Alliant Energy and other stocks. Vote "Outperform" if you believe LNT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LNT will underperform the S&P 500 over the long term. You may vote once every thirty days.
Alliant Energy (NYSE:LNT) Dividend Information
Alliant Energy pays an annual dividend of $1.34 per share, with a dividend yield of 3.13%. LNT's next quarterly dividend payment will be made on Tuesday, May 15. The company has grown its dividend for the last 12 consecutive years and is increasing its dividend by an average of 7.30% each year. Alliant Energy pays out 69.43% of its earnings out as a dividend.
|Dividend Growth:||7.30% (3 Year Average)|
|Payout Ratio:||69.43% (Trailing 12 Months of Earnings) |
63.51% (Based on This Year's Estimates)
59.82% (Based on Next Year's Estimates)
|Track Record:||12 Years of Consecutive Dividend Growth|
Alliant Energy (NYSE:LNT) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Alliant Energy (NYSE LNT) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.25%
Institutional Ownership Percentage: 69.94%
Alliant Energy (NYSE LNT) Insider Trading History
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|3/15/2018||James H. Gallegos||SVP||Sell||5,000||$39.80||$199,000.00|| |
|9/7/2017||Wayne A. Reschke||Insider||Sell||2,000||$42.83||$85,660.00|| |
|5/23/2017||James H. Gallegos||SVP||Sell||5,000||$41.25||$206,250.00|| |
|5/19/2017||Deborah B Dunie||Director||Buy||3,700||$39.61||$146,557.00||11,050|| |
|11/7/2016||Deborah B. Dunie||Director||Buy||1,350||$37.24||$50,274.00|| |
|7/11/2016||James H. Gallegos||SVP||Sell||5,000||$40.29||$201,450.00|| |
|5/10/2016||Deborah B Dunie||Director||Buy||1,000||$73.11||$73,110.00||3,000|| |
|3/3/2016||Thomas L. Hanson||CFO||Sell||7,500||$68.15||$511,125.00||18,726|| |
|2/25/2016||John O Larsen||SVP||Sell||3,000||$69.94||$209,820.00||3,995|| |
|11/10/2015||Susan D Whiting||Director||Buy||2,700||$57.50||$155,250.00||2,800|| |
|11/10/2014||John O Larsen||SVP||Sell||3,000||$62.99||$188,970.00|| |
|8/27/2014||John O Larsen||SVP||Sell||3,000||$57.59||$172,770.00|| |
|3/13/2014||Thomas Aller||SVP||Sell||1,876||$54.90||$102,992.40||17,512|| |
Alliant Energy (NYSE LNT) News Headlines
Alliant Energy (NYSE:LNT) SEC Filings
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Alliant Energy (NYSE:LNT) Income Statement, Balance Sheet and Cash Flow Statement
Alliant Energy (NYSE LNT) Stock Chart for Thursday, April, 26, 2018