Alliant Energy (LNT) AI Stock Analysis

• Market Cap: $16.05B
• Dividend Yield: 3.16%
• Average Volume (3M): 2.32M
• Price to Earnings (P/E): 21.3
• Beta (1Y): 0.23
• Revenue Growth: 2.46%
• EPS Growth: 5.66%
• Country: US
• Employees: 2,998
• Sector: Utilities
• Sector Strength: 83
• Industry: Regulated Electric
• EPS (TTM): 0.83
• Shares Outstanding: 256,876,300
• 10 Day Avg. Volume: 2,905,653
• 30 Day Avg. Volume: 2,315,440
• PEG Ratio: 2.94
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 9.91
• Enterprise Value/Market Cap: 1.00
• Enterprise Value/Revenue: 1.00
• Enterprise Value/Gross Profit: 8.74
• Enterprise Value/Ebitda: 2.26
• 1Y Price Target: $65.11
• Price Target Upside: 4.21% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 9

Alliant Energy shows strong financial performance with steady revenue and profit growth. The strategic focus on data centers and renewable energy investments supports future growth, although moderate leverage and potential legislative risks require attention. Technical indicators suggest stability but caution with slight bearish momentum. The valuation is fair, supported by a reasonable P/E ratio and a good dividend yield.

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

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

Growth Potential

Alliant Energy has a growing customer pipeline, with significant additions expected to support future growth.

Negative Factors

Financing Costs

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

Regulatory Concerns

Concerns about the potential impacts of an IRA repeal on financial metrics and the possible need for alternative financing tools.

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 primarily through the generation, distribution, and sale of electricity and natural gas to its customer base. The company's revenue streams stem from the regulated utility operations, which entail charging customers for energy usage based on tariffs approved by state regulatory commissions. These tariffs are designed to ensure the company can cover its operational costs, maintain infrastructure, and earn a reasonable return on investment. Additionally, Alliant Energy benefits from various state and federal incentives for renewable energy projects, which can provide supplementary income and reduce operational costs. Investments in renewable energy projects also help in diversifying revenue streams and mitigating risks associated with traditional energy sources.

Alliant Energy Financial Statement Overview

Summary

Alliant Energy demonstrates solid revenue growth, robust profit margins, and effective cash flow management. The moderate leverage is a potential risk area but is counterbalanced by consistent profitability and cash generation.

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	1.75B	1.57B	1.44B	1.33B
	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
32.00M	81.00M	62.00M	20.00M	39.00M	54.00M
	Total Assets
21.25B	22.71B	21.24B	20.16B	18.55B	17.71B
	Total Debt
9.67B	10.41B	9.70B	8.72B	7.88B	7.17B
	Net Debt
9.63B	10.32B	9.64B	8.70B	7.84B	7.11B
	Total Liabilities
14.43B	15.71B	14.46B	13.89B	12.56B	11.82B
	Stockholders Equity
6.82B	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: 62.48
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• 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 62.48 is above the 20-day moving average (MA) of 60.84, above the 50-day MA of 61.45, and above the 200-day MA of 59.37, indicating a bullish trend. The MACD of 0.07 indicates Negative momentum. The RSI at 57.49 is Neutral, neither overbought nor oversold. The STOCH value of 70.16 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	74 Outperform	$16.05B	21.29	10.71%	3.16%	2.46%	5.66%
CMS	71 Outperform	$21.38B	20.98	12.53%	2.92%	5.87%	3.59%
EIX	71 Outperform	$22.56B	8.17	17.93%	5.58%	5.36%	209.92%
FE	70 Neutral	$24.63B	22.58	8.69%	3.98%	7.92%	1.54%
PNW	68 Neutral	$10.95B	17.98	9.08%	3.87%	10.69%	12.37%
EVRG	64 Neutral	$15.40B	17.31	8.95%	3.91%	5.53%	23.00%
Sector *	63 Neutral	$8.53B	10.18	4.66%	4.38%	3.77%	-12.97%

Alliant Energy Corporate Events

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.

Spark’s Take on LNT Stock

According to Spark, TipRanks’ AI Analyst, LNT is a Neutral.

Alliant Energy presents a stable financial outlook with strong profitability and improving cash flows. Technical indicators suggest short-term bearish trends, but the valuation remains attractive with a fair P/E ratio and solid dividend yield. The recent earnings call highlighted strategic growth initiatives but also noted potential risks such as legislative changes and climate impacts. Overall, the company is positioned well but faces challenges that require strategic attention.

To see Spark’s full report on LNT stock, click here.

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.

Spark’s Take on LNT Stock

According to Spark, TipRanks’ AI Analyst, LNT is a Outperform.

Alliant Energy’s stock is supported by strong earnings growth and a stable financial base, despite revenue challenges and increased leverage. The company benefits from focused renewable energy strategies and economic development, balanced by fair valuation metrics.

To see Spark’s full report on LNT stock, click here.

Alliant Energy Announces Leadership Transition with New Chair

On March 7, 2025, John O. Larsen announced his retirement as Chairman of the Board and member of the Boards of Alliant Energy and its subsidiaries, effective after the 2025 Annual Meeting of Shareowners. Patrick E. Allen, a board member since 2011, has been designated to succeed Larsen as Board Chair, signaling a leadership transition within the company.