Alliant Energy (LNT) AI Stock Analysis

• Market Cap: $15.81B
• Dividend Yield: 3.3%
• Average Volume (3M): 2.16M
• Price to Earnings (P/E): 21.1
• Beta (1Y): 0.23
• Revenue Growth: 2.46%
• EPS Growth: 5.66%
• Country: US
• Employees: 2,998
• Sector: Utilities
• Sector Strength: 84
• Industry: Regulated Electric
• EPS (TTM): 0.83
• Shares Outstanding: 256,876,300
• 10 Day Avg. Volume: 1,792,013
• 30 Day Avg. Volume: 2,155,625
• PEG Ratio: 5.31
• Price to Book (P/B): 2.21
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -13.88
• Enterprise Value/Market Cap: 1.43
• Enterprise Value/Revenue: 1.41
• Enterprise Value/Gross Profit: 12.28
• Enterprise Value/Ebitda: 3.17
• 1Y Price Target: $66.86
• Price Target Upside: 9.46% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 7

• Rating: 76 Outperform
• Price Target: $69.00 ▲(12.97%Upside)

Alliant Energy maintains a strong financial and strategic position, benefiting from robust earnings growth and well-managed capital expenditures. Despite potential risks from leverage and legislative changes, the company’s ability to sustain demand growth and provide attractive dividends supports a stable investment outlook.

Positive Factors

Capital Expenditure

The company increased its expected capital expenditure to include peak data center demand, leading to a forecasted capex of $11.5 billion.

Earnings Performance

LNT reported Q1 EPS of $0.83, surpassing the consensus estimate of $0.70, primarily driven by new rates at IPL and WPL.

Load Growth

LNT emphasized that load growth is not stopping and that it may accelerate, benefiting from the individual customer rate system and its position of long capacity.

Negative Factors

Inflation Reduction Act

The loss of transferability under the Inflation Reduction Act may force the company to revert to tax equity, potentially increasing financing costs.

Interest Rates and Tariffs

Tariffs and higher interest rates are expected to be key discussion points, especially as solar and battery projects are sourced from China.

Alliant Energy Business Overview & Revenue Model

Company Description

Alliant Energy Corporation operates as a utility holding company that provides regulated electricity and natural gas services. It operates through 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. As of December 31, 2021, IPL supplied electric and natural gas service to approximately 500,000 and 225,000 retail customers respectively; and WPL supplied electric and natural gas service to approximately 485,000 and 200,000 retail customers, respectively. It serves retail customers in the farming, agriculture, industrial manufacturing, chemical, and packaging and food industries. In addition, the company owns and operates a short-line rail freight service in Iowa; a barge, rail, and truck freight terminal on the Mississippi River; and a rail-served warehouse in Iowa, as well as offers freight brokerage services. Further, it holds interests in a 347 megawatt (MW) natural gas-fired electric generating unit near Sheboygan Falls, Wisconsin; and a 225 MW wind farm located in Oklahoma. The company was incorporated in 1981 and is headquartered in Madison, Wisconsin.

How the Company Makes Money

Alliant Energy makes money through the generation, distribution, and sale of electricity and natural gas to residential, commercial, and industrial customers. The company's revenue model relies heavily on regulated utility operations, where rates are set by public utility commissions based on the cost of service plus a reasonable return on investment. A significant portion of its earnings comes from electricity sales, with natural gas distribution also contributing to its revenue streams. Alliant Energy's strategy includes investments in renewable energy projects, such as wind and solar, which can enhance revenue through tax incentives and lower fuel costs, ultimately benefiting both the company and its customers. The company may also engage in strategic partnerships with other energy firms to optimize operations and explore new market opportunities.

Alliant Energy Financial Statement Overview

Summary

Alliant Energy exhibits solid financial performance with strong revenue growth and effective cost management, resulting in robust profit margins. However, moderate leverage poses a risk that needs close monitoring.

Income Statement

Alliant Energy demonstrates solid revenue growth with a TTM (Trailing-Twelve-Months) increase to $4.079 billion from $3.981 billion in 2024, reflecting a stable growth trend. The gross profit margin is robust at 45.0%, and the net profit margin stands at 18.3%, indicating effective cost management and profitability. However, EBIT and EBITDA margins have slightly decreased, suggesting potential operational cost pressures.

Balance Sheet

The company's debt-to-equity ratio is 1.50, which indicates moderate leverage compared to industry norms. The return on equity is healthy at 10.5%, showcasing effective utilization of shareholders' funds. However, the equity ratio is lower at 31.0%, suggesting a high reliance on debt financing. The balance sheet remains stable but could benefit from reduced leverage.

Cash Flow

Alliant Energy shows strong operating cash flow coverage with a ratio of 1.49 against net income, indicating solid cash generation from operations. Free cash flow growth is negative, reflecting high capital expenditures, but the free cash flow to net income ratio is positive at 1.49, highlighting sufficient cash available to support dividend payments and debt servicing.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
4.08B	3.98B	4.03B	4.21B	3.67B	3.42B
	Gross Profit
1.84B	1.78B	1.73B	1.71B	1.56B	1.46B
	EBIT
921.00M	886.00M	943.00M	928.00M	795.00M	740.00M
	EBITDA
1.85B	1.80B	1.78B	1.69B	1.53B	1.46B
	Net Income Common Stockholders
745.00M	690.00M	703.00M	686.00M	674.00M	624.00M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
25.00M	81.00M	62.00M	20.00M	39.00M	54.00M
	Total Assets
22.85B	22.71B	21.24B	20.16B	18.55B	17.71B
	Total Debt
10.63B	10.41B	9.70B	8.72B	7.88B	7.17B
	Net Debt
10.60B	10.32B	9.64B	8.70B	7.84B	7.11B
	Total Liabilities
15.76B	15.71B	14.46B	13.89B	12.56B	11.82B
	Stockholders Equity
7.09B	7.00B	6.78B	6.28B	5.99B	5.69B
Cash Flow		Free Cash Flow
1.11B	1.17B	-987.00M	-998.00M	-587.00M	-865.00M
	Operating Cash Flow
1.11B	1.17B	867.00M	486.00M	582.00M	501.00M
	Investing Cash Flow
-1.60B	-1.55B	-1.40B	-933.00M	-728.00M	-951.00M
	Financing Cash Flow
479.00M	398.00M	573.00M	431.00M	130.00M	488.00M

Alliant Energy Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 61.08
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LNT, the sentiment is Positive. The current price of 61.08 is below the 20-day moving average (MA) of 61.59, above the 50-day MA of 61.02, and above the 200-day MA of 59.96, indicating a neutral trend. The MACD of -0.10 indicates Positive momentum. The RSI at 48.50 is Neutral, neither overbought nor oversold. The STOCH value of 51.27 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for LNT.

Alliant Energy Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LNT	76 Outperform	$15.81B	21.07	10.71%	3.30%	2.46%	5.66%
CMS	72 Outperform	$21.18B	20.87	12.53%	3.06%	5.87%	3.59%
FE	72 Outperform	$23.47B	21.46	8.69%	4.38%	7.92%	1.54%
EVRG	69 Neutral	$15.63B	17.91	8.95%	3.93%	5.53%	23.00%
EIX	67 Neutral	$19.38B	6.86	17.93%	6.57%	5.36%	209.92%
PNW	65 Neutral	$10.83B	17.87	9.08%	3.95%	10.69%	12.37%
Sector *	64 Neutral	$8.62B	10.39	4.24%	4.63%	4.07%	-13.04%

Alliant Energy Corporate Events

Alliant Energy Shareholders Approve Key Proposals at Meeting

During the annual meeting on May 16, 2025, Alliant Energy Corporation’s shareowners voted on several key matters. All nominees for director were elected for terms ending in 2028, and the compensation of named executive officers was approved. Additionally, the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for 2025 was ratified. However, a shareowner proposal requesting a third-party evaluation of greenhouse gas emissions reduction targets was rejected.

The most recent analyst rating on (LNT) stock is a Hold with a $67.00 price target. To see the full list of analyst forecasts on Alliant Energy stock, see the LNT Stock Forecast page.

Alliant Energy’s IPL Prices $600M Debenture Offering

On May 13, 2025, Interstate Power and Light Company (IPL), a subsidiary of Alliant Energy, announced the pricing of its $600 million public offering of 5.600% senior debentures due in 2035. The proceeds from this offering are intended to retire existing debt, reduce outstanding capital, and support general corporate purposes, with the closing expected on May 19, 2025.

The most recent analyst rating on (LNT) stock is a Hold with a $67.00 price target. To see the full list of analyst forecasts on Alliant Energy stock, see the LNT Stock Forecast page.

Alliant Energy Completes $575M Convertible Notes Sale

On May 15, 2025, Alliant Energy Corporation completed the sale of $575 million in Convertible Senior Notes due 2028, including a $75 million option for additional notes. This strategic financial move is aimed at refinancing debt and supporting corporate purposes, potentially impacting the company’s financial flexibility and market positioning.

The most recent analyst rating on (LNT) stock is a Hold with a $67.00 price target. To see the full list of analyst forecasts on Alliant Energy stock, see the LNT Stock Forecast page.

Alliant Energy Enters $1.3 Billion Stock Distribution Deal

On May 9, 2025, Alliant Energy Corporation entered into a distribution agreement with several financial institutions to sell up to $1.3 billion of its common stock. The proceeds from these sales are intended for general corporate purposes, including debt management and capital expenditures, potentially impacting the company’s financial flexibility and market positioning.