Alliant Energy Corp Stock Research

Market Summary

USD53.46+0.36

Delayedas of 16 Mar 2023, 03:52 pm

0.68%

LNT Stock Price

LNT RSI Chart

LNT Valuation

Market Cap

13.3B

Price/Earnings (Trailing)

19.44

Price/Sales (Trailing)

3.17

EV/EBITDA

7.81

Price/Free Cashflow

-19.67

LNT Price/Sales (Trailing)

LNT Profitability

EBT Margin

16.84%

Return on Equity

10.93%

Return on Assets

3.4%

Free Cashflow Yield

-5.08%

LNT Fundamentals

LNT Revenue

Revenue (TTM)

4.2B

Revenue Y/Y

14.13%

Revenue Q/Q

-6.78%

LNT Earnings

Earnings (TTM)

686.0M

Earnings Y/Y

12.63%

Earnings Q/Q

-52.86%

Price Action

52 Week Range

46.7964.08

(Low)(High)

Last 7 days

3.0%

Last 30 days

-1.3%

Last 90 days

-4.1%

Trailing 12 Months

-11.3%

LNT Financial Health

Current Ratio

0.53

LNT Investor Care

Dividend Yield

3.22%

Dividend/Share (TTM)

1.71

Shares Dilution (1Y)

0.26%

Diluted EPS (TTM)

2.73

Peers (Alternatives to Alliant Energy)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
DUK	74.6B	28.8B	-2.22%	-6.62%	30.37	2.59	16.84%	-31.41%
EXC	41.6B	19.1B	1.58%	-2.14%	19.16	2.18	6.36%	18.70%
XEL	37.0B	15.3B	-2.04%	-3.47%	21.31	2.42	17.56%	10.57%
EVRG	13.9B	5.9B	-1.73%	-4.52%	18.41	2.37	4.88%	-14.44%
LNT	13.3B	4.2B	-1.28%	-11.35%	19.44	3.17	14.61%	1.78%
MID-CAP
PNW	8.9B	4.3B	4.77%	9.89%	17.68	2.05	13.68%	-21.25%
OGE	7.1B	3.4B	-8.04%	-4.74%	10.74	2.12	-7.61%	-9.71%
NRG	7.1B	31.5B	-13.33%	-18.67%	5.79	0.22	16.87%	-44.17%
IDA	5.4B	1.6B	2.19%	-2.54%	20.79	3.27	12.75%	5.47%
ALE	3.6B	1.6B	5.73%	-1.66%	19.12	2.3	10.68%	11.88%
SJW	2.3B	620.7M	-1.69%	15.73%	31.35	3.73	8.19%	22.07%
SMALL-CAP
MSEX	1.3B	162.4M	-11.55%	-24.16%	31.48	8.22	13.48%	16.11%
UTL	876.1M	563.2M	5.51%	11.70%	21.16	1.56	18.99%	14.68%
GNE	278.1M	364.5M	-21.32%	49.86%	2.8	0.76	3.55%	9592.01%

Financials for Alliant Energy

* denotes actual numbers (not divided by Millions)
Income Statement (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Revenue	3.2%	4,205	4,073	3,962	3,836	3,669
Costs and Expenses	3.3%	3,277	3,172	3,081	2,991	2,874
EBITDA	2.6%	1,704	1,661	1,639	1,595	-
EBITDA Margin	-0.6%	0.41*	0.41*	0.41*	0.42*	-
Earnings Before Taxes	2.5%	708	691	688	654	600
EBT Margin	-0.8%	0.17*	0.17*	0.17*	0.17*	-
Interest Expenses	6.2%	325	306	291	282	277
Net Income	1.9%	686	673	705	692	674
Net Income Margin	-1.3%	0.16*	0.17*	0.18*	0.18*	-
Free Cahsflow	-18.1%	-678	-574	-519	-465	-

* denotes actual numbers (not divided by Millions)
Balance Sheet					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Assets	-0.2%	20,163	20,205	19,391	18,839	18,553
Current Assets	-26.2%	1,250	1,693	1,308	1,092	1,069
Cash Equivalents	-94.2%	20.00	344	19.00	67.00	39.00
Net PPE	2.5%	16,247	15,858	15,453	15,192	14,987
Current Liabilities	-2.4%	2,363	2,422	2,276	1,521	2,054
LT Debt, Current	-38.0%	408	658	733	333	633
LT Debt, Non Current	1.3%	7,668	7,570	6,981	7,383	6,735
Shareholder's Equity	0.2%	6,276	6,265	6,137	6,077	5,990
Retained Earnings	0.0%	3,509	3,508	3,387	3,336	3,250
Additional Paid-In Capital	0.4%	2,777	2,767	2,759	2,750	2,749
Shares Outstanding	0.0%	251	251	251	251	250
Minority Interest	Infinity%	29.00	-	-	-	-

Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Cashflow From Operations	-17.6%	486	590	675	688	582
Cashflow From Investing	-6.6%	-933	-875	-908	-913	-728
Cashflow From Financing	-29.1%	431	608	237	278	130
Dividend Payments	1.7%	428	421	415	408	403

Risks for LNT

What is the probability of a big loss on LNT?

28.9%

Probability that Alliant Energy stock will be more than 20% underwater in next one year

18.5%

Probability that Alliant Energy stock will be more than 30% underwater in next one year.

Probability that Alliant Energy stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does LNT drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Alliant Energy was unfortunately bought at previous high price.

Drawdowns

Returns for LNT

Cumulative Returns on LNT

11.5%

10-Year Cumulative Returns

8.8%

7-Year Cumulative Returns

8.8%

5-Year Cumulative Returns

4.2%

3-Year Cumulative Returns

What are the long-term rolling returns for LNT?

FIve years rolling returns for Alliant Energy.

Annualized Returns

Which funds bought or sold LNT recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-03-10	VICTORY CAPITAL MANAGEMENT INC	added	11.56	53,398,400	382,423,000	0.42%
2023-03-06	Rockefeller Capital Management L.P.	added	4.47	25,000	302,000	-%
2023-03-03	TIAA, FSB	reduced	-2.94	5,144	394,144	-%
2023-02-28	Voya Investment Management LLC	added	2.56	322,797	5,029,800	0.01%
2023-02-24	National Pension Service	added	3.17	898,807	21,140,000	0.04%
2023-02-24	SRS Capital Advisors, Inc.	new	-	132	132	-%
2023-02-24	NATIXIS	sold off	-100	-29,120,000	-	-%
2023-02-23	Chesapeake Wealth Management	reduced	-0.23	8,924	242,924	0.11%
2023-02-22	CVA Family Office, LLC	reduced	-83.33	-4,896	1,104	-%
2023-02-22	TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY	unchanged	-	52,000	1,269,000	0.01%

Latest Funds Activity

Are funds buying LNT calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own LNT

No. of Funds

Alliant Energy News

Schedule 13G FIlings of Alliant Energy

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 09, 2023	vanguard group inc	13.07%	32,798,266	SC 13G/A
Feb 08, 2023	state street corp	5.58%	14,012,417	SC 13G/A
Jan 27, 2023	blackrock inc.	9.0%	22,703,583	SC 13G/A
Jan 25, 2023	blackrock inc.	9.0%	22,703,583	SC 13G/A
Feb 10, 2022	state street corp	5.07%	12,696,757	SC 13G/A
Feb 09, 2022	vanguard group inc	12.26%	30,687,859	SC 13G/A
Jan 27, 2022	blackrock inc.	10.9%	27,301,825	SC 13G/A
Jan 25, 2022	blackrock inc.	10.9%	27,301,825	SC 13G/A
Feb 10, 2021	vanguard group inc	12.01%	29,984,210	SC 13G/A
Feb 05, 2021	state street corp	5.02%	12,539,059	SC 13G

LNT Fair Value

Alliant Energy fair value in different scenarios

The table shows the Fair Value estimates for Alliant Energy for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.

Fair Value	Very Pessimistic	Pessimistic	Base Case	Optimistic	Very Optimistic
Very Low Inflation	30.55 -42.85%	37.12 -30.56%	56.20 5.13%	69.85 30.66%	81.85 53.11%
Current Inflation	28.10 -47.44%	33.70 -36.96%	49.70 -7.03%	61.01 14.12%	70.94 32.70%
Very High Inflation	25.06 -53.12%	29.55 -44.73%	42.07 -21.31%	50.80 -4.98%	58.45 9.33%

Historical Alliant Energy Fair Value Estimates

Very Pessimistic Case

Pessimistic Case

Fair Value

Optimistic Case

Very Optimistic Case

Closing Stock Price

Recent SEC filings of Alliant Energy

View All Filings

Date Filed	Form Type	Document
Mar 13, 2023	8-K	Current Report
Mar 03, 2023	8-K	Current Report
Feb 27, 2023	4	Insider Trading
Feb 27, 2023	4	Insider Trading
Feb 27, 2023	4	Insider Trading
Feb 27, 2023	4	Insider Trading
Feb 27, 2023	4	Insider Trading
Feb 27, 2023	4	Insider Trading
Feb 27, 2023	4	Insider Trading
Feb 27, 2023	3	Insider Trading

Latest Insider Trading transactions for LNT

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-02-27	Barton Lisa M	acquired	-	-	12,023	president and coo
2023-02-23	LARSEN JOHN O	sold (taxes)	-2,206,770	52.99	-41,645	board chair and ceo
2023-02-23	Kouba Terry L	acquired	-	-	8,636	senior vice president
2023-02-23	Bilitz Benjamin M	sold (taxes)	-110,007	52.99	-2,076	cao and controller
2023-02-23	de Leon David A	sold (taxes)	-205,283	52.99	-3,874	senior vice president
2023-02-23	Kouba Terry L	sold (taxes)	-198,501	52.99	-3,746	senior vice president
2023-02-23	DURIAN ROBERT J	sold (taxes)	-646,107	52.99	-12,193	evp and cfo
2023-02-23	Luhrs Michael	acquired	-	-	2,283	senior vice president
2023-02-23	DURIAN ROBERT J	acquired	-	-	27,289	evp and cfo
2023-02-23	LARSEN JOHN O	acquired	-	-	93,183	board chair and ceo

About Alliant Energy

John O. Larsen

www.alliantenergy.com

3310

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.

LNT Income Statement

2022-12-31

Consolidated Statements Of Income - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Revenues:
Electric utility	$ 3,421	$ 3,081	$ 2,920
Gas utility	642	456	373
Other utility	49	49	49
Non-utility	93	83	74
Total revenues	4,205	3,669	3,416
Operating expenses:
Electric production fuel and purchased power	830	642	652
Electric transmission service	573	537	449
Cost of gas sold	389	258	182
Other operation and maintenance	704	676	670
Depreciation and amortization	671	657	615
Taxes other than income taxes	110	104	108
Total operating expenses	3,277	2,874	2,676
Operating income (loss)	928	795	740
Other (income) and deductions:
Interest expense	325	277	275
Equity income from unconsolidated investments, net	(51)	(62)	(61)
Allowance for funds used during construction	(60)	(25)	(55)
Other	6	5	14
Total other (income) and deductions	220	195	173
Income before income taxes	708	600	567
Income tax expense (benefit)	22	(74)	(57)
Net income	686	674	624
Preferred dividend requirements of Interstate Power and Light Company	0	15	10
Net income attributable to common shareowners	$ 686	$ 659	$ 614
Weighted average number of common shares outstanding:
Basic (in shares)	250.9	250.2	248.4
Diluted (in shares)	251.2	250.7	248.7
Earnings per weighted average common share attributable to Alliant Energy common shareowners:
Basic (in dollars per share)	$ 2.73	$ 2.63	$ 2.47
Diluted (in dollars per share)	$ 2.73	$ 2.63	$ 2.47
IPL [Member]
Revenues:
Electric utility	$ 1,859	$ 1,752	$ 1,695
Gas utility	351	265	208
Other utility	46	46	44
Total revenues	2,256	2,063	1,947
Operating expenses:
Electric production fuel and purchased power	383	295	352
Electric transmission service	407	367	298
Cost of gas sold	206	149	99
Other operation and maintenance	369	362	375
Depreciation and amortization	381	375	356
Taxes other than income taxes	57	55	57
Total operating expenses	1,803	1,603	1,537
Operating income (loss)	453	460	410
Other (income) and deductions:
Interest expense	148	139	139
Allowance for funds used during construction	(11)	(9)	(24)
Other	6	1	8
Total other (income) and deductions	143	131	123
Income before income taxes	310	329	287
Income tax expense (benefit)	(50)	(36)	(47)
Net income	360	365	334
Preferred dividend requirements of Interstate Power and Light Company	0	15	10
Net income attributable to common shareowners	360	350	324
WPL [Member]
Revenues:
Electric utility	1,562	1,329	1,225
Gas utility	291	191	165
Other utility	3	3	5
Total revenues	1,856	1,523	1,395
Operating expenses:
Electric production fuel and purchased power	447	347	300
Electric transmission service	166	170	151
Cost of gas sold	183	109	83
Other operation and maintenance	278	268	254
Depreciation and amortization	283	276	254
Taxes other than income taxes	47	45	47
Total operating expenses	1,404	1,215	1,089
Operating income (loss)	452	308	306
Other (income) and deductions:
Interest expense	121	105	104
Allowance for funds used during construction	(49)	(16)	(31)
Other	(1)	2	3
Total other (income) and deductions	71	91	76
Income before income taxes	381	217	230
Income tax expense (benefit)	66	(51)	(19)
Net income	$ 315	$ 268	$ 249

LNT Balance Sheet

2022-12-31

Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 20	$ 39
Accounts receivable, less allowance for expected credit losses	516	440
Production fuel, at weighted average cost	53	51
Gas stored underground, at weighted average cost	132	82
Materials and supplies, at weighted average cost	140	113
Regulatory assets	166	104
Other	223	240
Total current assets	1,250	1,069
Property, plant and equipment, net	16,247	14,987
Investments:
ATC Holdings	358	338
Other	201	179
Total investments	559	517
Other assets:
Regulatory assets	1,880	1,836
Deferred charges and other	227	144
Total other assets	2,107	1,980
Total assets	20,163	18,553
Current liabilities:
Current maturities of long-term debt	408	633
Commercial paper	642	515
Accounts payable	756	436
Regulatory liabilities	206	186
Other	351	284
Total current liabilities	2,363	2,054
Long-term debt, net (excluding current portion)	7,668	6,735
Other liabilities:
Deferred tax liabilities	1,943	1,927
Regulatory liabilities	1,118	1,085
Pension and other benefit obligations	277	374
Other	518	388
Total other liabilities	3,856	3,774
Commitments and contingencies (Note 17)
Common equity:
Common stock	3	3
Additional paid-in capital	2,777	2,749
Retained earnings	3,509	3,250
Shares in deferred compensation trust - 402,134 and 383,532 shares at a weighted average cost of $32.63 and $30.59 per share	(13)	(12)
Total common equity	6,276	5,990
Total liabilities and equity	20,163	18,553
IPL [Member]
Current assets:
Cash and cash equivalents	15	34
Accounts receivable, less allowance for expected credit losses	259	241
Production fuel, at weighted average cost	23	29
Gas stored underground, at weighted average cost	60	40
Materials and supplies, at weighted average cost	83	70
Regulatory assets	85	73
Other	93	77
Total current assets	618	564
Property, plant and equipment, net	8,046	7,983
Other assets:
Regulatory assets	1,301	1,370
Deferred charges and other	110	79
Total other assets	1,411	1,449
Total assets	10,075	9,996
Current liabilities:
Current maturities of long-term debt	0	0
Commercial paper	0	0
Accounts payable	239	173
Accounts payable to associated companies	28	39
Accrued taxes	52	56
Accrued interest	35	36
Regulatory liabilities	114	84
Other	113	67
Total current liabilities	581	455
Long-term debt, net (excluding current portion)	3,646	3,643
Other liabilities:
Deferred tax liabilities	1,047	1,083
Regulatory liabilities	640	607
Pension and other benefit obligations	62	127
Other	291	312
Total other liabilities	2,040	2,129
Commitments and contingencies (Note 17)
Common equity:
Common stock	33	33
Additional paid-in capital	2,807	2,807
Retained earnings	968	929
Total common equity	3,808	3,769
Total liabilities and equity	10,075	9,996
WPL [Member]
Current assets:
Cash and cash equivalents	5	2
Accounts receivable, less allowance for expected credit losses	244	188
Production fuel, at weighted average cost	29	23
Gas stored underground, at weighted average cost	73	42
Materials and supplies, at weighted average cost	54	41
Regulatory assets	81	31
Prepaid gross receipts tax	42	40
Other	60	86
Total current assets	588	453
Property, plant and equipment, net	7,722	6,538
Other assets:
Regulatory assets	579	466
Deferred charges and other	98	61
Total other assets	677	527
Total assets	8,987	7,518
Current liabilities:
Current maturities of long-term debt	0	250
Commercial paper	290	236
Accounts payable	456	190
Regulatory liabilities	92	102
Other	111	112
Total current liabilities	949	890
Long-term debt, net (excluding current portion)	2,770	2,179
Other liabilities:
Deferred tax liabilities	789	753
Regulatory liabilities	478	478
Pension and other benefit obligations	140	159
Other	370	236
Total other liabilities	1,777	1,626
Commitments and contingencies (Note 17)
Common equity:
Common stock	66	66
Additional paid-in capital	2,233	1,704
Retained earnings	1,192	1,053
Total common equity	3,491	2,823
Total liabilities and equity	$ 8,987	$ 7,518