NYSE:LNT - Alliant Energy Stock Price, News, & Analysis

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$42.39 +0.36 (+0.86 %)
(As of 01/16/2019 04:00 PM ET)
Previous Close$42.03
Today's Range$41.61 - $42.54
52-Week Range$36.84 - $46.58
Volume1.91 million shs
Average Volume1.96 million shs
Market Capitalization$9.93 billion
P/E Ratio21.96
Dividend Yield3.15%
Beta0.18
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.

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Industry, Sector and Symbol

Industry Electric & other services combined
Sub-IndustryMulti-Utilities
SectorUtilities
CUSIP01880210
Phone608-458-3311

Debt

Current Ratio0.73
Quick Ratio0.59

Price-To-Earnings

Sales & Book Value

Annual Sales$3.38 billion
Price / Sales2.96
Cash Flow$4.0410 per share
Price / Cash Flow10.49
Book Value$18.09 per share
Price / Book2.34

Profitability

Net Income$467.50 million
Net Margins15.09%
Return on Assets3.48%

Miscellaneous

Employees3,989
Market Cap$9.93 billion
OptionableOptionable

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 announced a quarterly dividend on Monday, January 14th. Investors of record on Thursday, January 31st will be paid a dividend of $0.355 per share on Friday, February 15th. This represents a $1.42 annualized dividend and a yield of 3.35%. The ex-dividend date of this dividend is Wednesday, January 30th. This is a boost from Alliant Energy's previous quarterly dividend of $0.34. View Alliant Energy's Dividend History.

When did Alliant Energy's stock split? How did Alliant Energy's stock split work?

Alliant Energy shares split before market open on Friday, May 20th 2016. The 2-1 split was announced on Wednesday, April 20th 2016. The newly issued shares were payable to shareholders after the market closes 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 announced that its board has initiated a stock repurchase plan on Tuesday, January 16th 2018, which permits the company to repurchase outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are often an indication that the company's leadership believes its stock is undervalued.

How were Alliant Energy's earnings last quarter?

Alliant Energy Co. (NYSE:LNT) announced its quarterly earnings results on Tuesday, November, 6th. The utilities provider reported $0.85 earnings per share for the quarter, beating analysts' consensus estimates of $0.84 by $0.01. The utilities provider earned $928.60 million during the quarter, compared to analysts' expectations of $1.08 billion. Alliant Energy had a net margin of 15.09% and a return on equity of 11.69%. The business's revenue was up 2.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.75 EPS. View Alliant Energy's Earnings History.

When is Alliant Energy's next earnings date?

Alliant Energy is scheduled to release their next quarterly earnings announcement on Thursday, February 28th 2019. View Earnings Estimates for Alliant Energy.

What guidance has Alliant Energy issued on next quarter's earnings?

Alliant Energy issued an update on its FY19 earnings guidance on Tuesday, November, 6th. The company provided earnings per share guidance of $2.17-2.31 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.25. Alliant Energy also updated its FY18 guidance to $2.13-2.19 EPS.

What price target have analysts set for LNT?

7 equities research analysts have issued 12-month price targets for Alliant Energy's shares. Their forecasts range from $44.00 to $49.00. On average, they expect Alliant Energy's stock price to reach $46.10 in the next twelve months. This suggests a possible upside of 8.8% from the stock's current price. View Analyst Price Targets for Alliant Energy.

What is the consensus analysts' recommendation for Alliant Energy?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alliant Energy in the last year. There are currently 2 sell ratings, 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Alliant Energy.

Has Alliant Energy been receiving favorable news coverage?

News articles about LNT stock have trended somewhat negative on Wednesday, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Alliant Energy earned a coverage optimism score of -1.2 on InfoTrie's scale. They also assigned news stories about the utilities provider a news buzz of 5.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the company's share price in the immediate future.

Are investors shorting Alliant Energy?

Alliant Energy saw a increase in short interest in December. As of December 31st, there was short interest totalling 9,061,275 shares, an increase of ∞ from the December 14th total of 0 shares. Based on an average daily volume of 2,803,803 shares, the short-interest ratio is currently 3.2 days. Approximately 3.8% of the company's stock are short sold. View Alliant Energy's Current Options Chain.

Who are some of Alliant Energy's key competitors?

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)

Who are Alliant Energy's major shareholders?

Alliant Energy's stock is owned by a number of of retail and institutional investors. Top institutional investors include Gateway Investment Advisers LLC (0.28%), State of Alaska Department of Revenue (0.06%), Gulf International Bank UK Ltd (0.02%), Monument Capital Management (0.02%), Coastline Trust Co (0.01%) and First Midwest Bank Trust Division (0.01%). Company insiders that own Alliant Energy stock include Deborah B Dunie, James H Gallegos and Wayne A Reschke. View Institutional Ownership Trends for Alliant Energy.

Which institutional investors are selling Alliant Energy stock?

LNT stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Gulf International Bank UK Ltd, Louisiana State Employees Retirement System, Gofen & Glossberg LLC IL, First Midwest Bank Trust Division, CENTRAL TRUST Co and Cornerstone Advisors Inc.. View Insider Buying and Selling for Alliant Energy.

Which institutional investors are buying Alliant Energy stock?

LNT stock was bought by a variety of institutional investors in the last quarter, including QUANTRES ASSET MANAGEMENT Ltd, Fox Run Management L.L.C., Gateway Investment Advisers LLC, Cerebellum GP LLC, Sound Income Strategies LLC, Monument Capital Management and Coastline Trust Co. View Insider Buying and Selling for Alliant Energy.

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 $42.39.

How big of a company is Alliant Energy?

Alliant Energy has a market capitalization of $9.93 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.

What is Alliant Energy's official website?

The official website for Alliant Energy is http://www.alliantenergy.com.

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 (NYSE LNT)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  322 (Vote Outperform)
Underperform Votes:  316 (Vote Underperform)
Total Votes:  638
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.
This page was last updated on 1/16/2019 by MarketBeat.com Staff

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