AI Spotlight on LNT
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.
Market Data
Last Price | 58.88 |
Change Percentage | 0.08% |
Open | 58.91 |
Previous Close | 58.83 |
Market Cap ( Millions) | 15109 |
Volume | 1617235 |
Year High | 64.19 |
Year Low | 46.8 |
M A 50 | 60.06 |
M A 200 | 56.51 |
Financial Ratios
FCF Yield | 3.95% |
Dividend Yield | 3.31% |
ROE | 9.67% |
Debt / Equity | 153.26% |
Net Debt / EBIDTA | 568.82% |
Price To Book | 2.17 |
Price Earnings Ratio | 22.86 |
Price To FCF | 25.31 |
Price To sales | 3.81 |
EV / EBITDA | 14.41 |
News
- Jan -17 - Alliant Energy Corporation Announces Fourth Quarter and Year-End 2024 Earnings Release and Conference Call
- Jan -17 - Alliant Energy Corporation Declares Quarterly Common Stock Dividend
- Dec -18 - Alliant Energy: Buy Now For The Upcoming Dividend Hike
- Nov -01 - Alliant Energy Corporation (LNT) Q3 2024 Earnings Conference Call Transcript
- Nov -01 - Alliant Energy's Q3 Earnings Beat Estimates, Revenues Rise Y/Y
- Nov -01 - Alliant Energy (LNT) Q3 Earnings and Revenues Top Estimates
- Oct -31 - Alliant Energy Highlights Progress in New Corporate Responsibility Report
- Oct -28 - Alliant Energy to Release Q3 Earnings: Here's What to Expect
- Oct -27 - Dividend Aristocrats Of The Future - Part 2
- Oct -23 - Energy Dome Signs First U.S. Contract with Alliant Energy for Commercial-Scale Deployment of its CO2 Battery
- Oct -15 - Alliant Energy Corporation Declares Quarterly Common Stock Dividend
- Oct -11 - Alliant Energy Corporation Announces Third Quarter 2024 Earnings Release and Conference Call
- Aug -22 - ERI to Offer Free E-Waste Recycling Event at Alliant Energy Center in Madison, Wisconsin
- Aug -22 - Alliant Energy: A Quality Dividend Grower, Still On Sale Now
- Aug -12 - Top 3 Stocks Bank of America Analysts Recommend Right Now
- Aug -02 - Alliant Energy Corporation (LNT) Q2 2024 Earnings Call Transcript
- Aug -02 - Alliant Energy's (LNT) Q2 Earnings & Revenues Miss Estimates
- Aug -02 - Alliant Energy executes multiple power supply deals with data centers
- Aug -02 - Alliant Energy (LNT) Lags Q2 Earnings and Revenue Estimates
- Aug -01 - Alliant Energy Announces Second Quarter 2024 Results
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Utility Electric
Expected Growth : 1.0 %
What the company do ?
Utility Electric from Alliant Energy Corporation provides reliable and sustainable energy solutions to customers in Wisconsin and Iowa, focusing on safety, efficiency, and community development.
Why we expect these perspectives ?
Alliant Energy's 1.0% growth in Utility Electric segment is driven by increasing demand for electricity in Wisconsin, fueled by population growth and economic expansion. Additionally, investments in grid modernization and renewable energy sources, such as wind and solar, contribute to the growth. Rate base growth and constructive regulatory environment also support the segment's expansion.
Segment nΒ°2 -> Utility Gas
Expected Growth : 0.9 %
What the company do ?
Utility Gas from Alliant Energy Corporation provides natural gas services to residential, commercial, and industrial customers in Wisconsin and Iowa.
Why we expect these perspectives ?
Alliant Energy Corporation's Utility Gas segment growth of 0.9% is driven by increasing demand for natural gas, fueled by customer additions and weather normalization. Additionally, rate base growth from infrastructure investments and cost recovery mechanisms contribute to the segment's modest growth.
Segment nΒ°3 -> ATC Holdings, Non-utility, Parent and Other
Expected Growth : 0.8 %
What the company do ?
ATC Holdings: Transmission infrastructure, Non-utility: Renewable energy, Parent: Holding company, Other: Investments and subsidiaries of Alliant Energy Corporation.
Why we expect these perspectives ?
ATC Holdings driven by regulated transmission investment and rate base growth. Non-utility segment growth fueled by investments in renewable energy and energy storage. Parent company benefits from diversified business mix and cost management initiatives. Other segment growth driven by investments in unregulated energy businesses and strategic acquisitions, all contributing to 0.8% growth.
Segment nΒ°4 -> Utility Other
Expected Growth : 1.1 %
What the company do ?
Utility Other from Alliant Energy Corporation refers to miscellaneous services and fees not classified under electric, gas, or other categories, such as late payment charges and meter tampering fees.
Why we expect these perspectives ?
Alliant Energy Corporation's Utility Other segment growth of 1.1% is driven by increasing demand for renewable energy, favorable regulatory policies, and investments in grid modernization. Additionally, the company's focus on energy efficiency programs and customer growth also contribute to this growth.
Alliant Energy Corporation Products
Product Range | What is it ? |
---|---|
Electricity | Alliant Energy Corporation generates and distributes electricity to residential, commercial, and industrial customers in Iowa and Wisconsin. |
Natural Gas | The company provides natural gas distribution services to customers in Iowa and Wisconsin, offering a safe and reliable supply of natural gas for heating, cooking, and other uses. |
Renewable Energy | Alliant Energy Corporation invests in renewable energy sources, such as wind and solar power, to reduce carbon emissions and promote sustainability. |
Energy Efficiency Services | The company offers energy efficiency programs and services to help customers reduce energy consumption and lower their energy bills. |
Transmission and Distribution Services | Alliant Energy Corporation provides transmission and distribution services to ensure reliable and efficient delivery of electricity and natural gas to customers. |
Alliant Energy Corporation's Porter Forces
Threat Of Substitutes
The threat of substitutes for Alliant Energy Corporation is medium due to the availability of alternative energy sources such as solar and wind power. However, the high cost of switching to these alternatives and the lack of infrastructure in some areas reduce the threat.
Bargaining Power Of Customers
The bargaining power of customers for Alliant Energy Corporation is low due to the lack of alternative energy providers in some areas and the high cost of switching to alternative energy sources.
Bargaining Power Of Suppliers
The bargaining power of suppliers for Alliant Energy Corporation is medium due to the availability of multiple suppliers of fuel and equipment. However, the high cost of switching to alternative suppliers and the complexity of the supply chain reduce the bargaining power of suppliers.
Threat Of New Entrants
The threat of new entrants for Alliant Energy Corporation is low due to the high barriers to entry in the energy industry, including the need for significant capital investment and regulatory approvals.
Intensity Of Rivalry
The intensity of rivalry for Alliant Energy Corporation is high due to the presence of multiple competitors in the energy industry, including other utility companies and alternative energy providers.
Strength
Capital Structure
Value | |
---|---|
Debt Weight | 58.39% |
Debt Cost | 4.08% |
Equity Weight | 41.61% |
Equity Cost | 6.63% |
WACC | 5.14% |
Leverage | 140.34% |
Alliant Energy Corporation : Quality Control
Alliant Energy Corporation passed 2 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
Company | Rational |
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AEE | Ameren Corporation, together with its subsidiaries, operates as a public utility holding company in the United States. It operates through four segments: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois β¦ |
CMS | CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates through three segments: Electric Utility; Gas Utility; and Enterprises. The Electric Utility segment is involved in β¦ |
CNP | CenterPoint Energy, Inc. operates as a public utility holding company in the United States. The company operates through Electric and Natural Gas segments. The Electric segment includes electric transmission and β¦ |
PNW | Pinnacle West Capital Corporation, through its subsidiary, Arizona Public Service Company, provides retail and wholesale electric services primarily in the state of Arizona. The company engages in the generation, transmission, β¦ |
PPL | PPL Corporation, a utility holding company, delivers electricity and natural gas in the United States and the United Kingdom. The company operates through two segments: Kentucky Regulated and Pennsylvania Regulated. β¦ |