1-Star Price
PREMIUM
5-Star Price
PREMIUM
Economic Moat
PREMIUM
Capital Allocation
PREMIUM
We are maintaining our $52 per share Alliant Energy fair value estimate after the company reported first-quarter adjusted earnings per share of $0.68, up from $0.72 in the same year-ago period. Management reaffirmed 2021 earnings guidance of $2.50 to $2.64 per share, in line with our estimate. Our narrow moat and stable moat trend ratings remain unchanged.
Alliant Energy is the parent of two regulated utilities, Interstate Power and Light and Wisconsin Power and Light, serving nearly 1 million electricity and natural gas customers and approximately 400,000 natural gas-only customers. Both subsidiaries engage in the generation and distribution of electricity and the distribution and transportation of natural gas. Alliant also owns a 16% interest in American Transmission Co.
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