Skip to Content
Morningstar

Alliant Energy Corp LNT Stock Quote

Morningstar Rating
| Rating as of

NASDAQ:LNT

Morningstar‘s Stock Analysis LNT

Valuation
Currency in USD
Is it the right time to buy or sell?
Find out with Morningstar Investor
Is it the right time to buy or sell?
Find out with Morningstar Investor

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Inflation Reduction Act Supports Sizable Increase in Alliant's Updated Capital Investment Plan

Andrew Bischof, CFA, CPA Senior Equity Analyst

Analyst Note

| Andrew Bischof, CFA, CPA |

We are increasing our Alliant Energy fair value estimate to $58 per share from $56 after the company reported third-quarter earnings per share of $0.93, down from $1.02 in the same year-ago period, and increased its capital investment plan. The company targets a 6% dividend increase in 2023, in line with our expectations. Our narrow moat and stable moat trend remain unchanged.

Unlock Our Full Analysis With Morningstar Investor

Key Statistics LNT

More

Company Profile LNT

Business Description

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 420,000 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.

Contact
4902 North Biltmore Lane
Madison, WI, 53718
T +1 608 458-3311
Sector Utilities
Industry Utilities - Regulated Electric
Most Recent Earnings Sep 30, 2022
Fiscal Year End Dec 31, 2022
Employees 3,313

Related News LNT

Stock Strategist

Solar Growth Plans on Track for Utilities

A pause on potential solar tariffs keeps the outlook bright.
Travis Miller
Stock Strategist Industry Reports

Electricity Demand's COVID Comeback

Utilities should benefit as the U.S. economy electrifies.
Travis Miller
US Videos

Are Renewables the Future for the Utilities Sector?

Renewable energy is going to be one of the biggest growth drivers in the Utilities sector, says Morningstar's Travis Miller.
Travis Miller
Sustainability Matters

How Can Fund Providers Protect the Future for Worker-Investors?

Stewardship is an opportunity for fund providers to connect with sustainability-minded investors, and many large asset managers are using proxy votes to press for better governance of environmental and social risks.
Jackie Cook
Stock Strategist Industry Reports

The Renewable Future

Utilities winners and losers as the U.S. goes green.
Travis Miller
US Videos

How Regulatory Environments Affect Utilities

Constructive regulatory environments can foster growth.
Andrew Bischof
Quarter-End Insights

Utilities: Running in Place, but Hurdles Ahead

Utilities continue trading near fair value with only a few high-quality dividend payers trading at attractive prices.
Travis Miller
Stock Strategist

Berkshire's Diversification Offsets Insurance Losses

Our fair value estimate is unchanged after a rough third quarter.
Greggory Warren
Quarter-End Insights

Utilities: Is a Sector-Shaking Pile-up Coming?

Nothing has been able to halt a historic utilities sector rally since mid-2015, but when will the music stop?
Travis Miller
Stock Strategist

Utilities' Dividends Still Attractive, but Headwinds Remain

Even though the utilities sector appears fairly valued, there are pockets of opportunities and potential pitfalls that investors must watch carefully in the coming months.
Travis Miller
Quarter-End Insights

Utilities: Low Rates Keep the Sector's Lovefest Raging

Only the Fed could break up utilities' M&A party.
Travis Miller
Quarter-End Insights

Utilities: Starting to Look Attractive After a Woeful 2015 Start

Utilities' 4% dividend yields still look attractive even with the chance for rising interest rates.
Travis Miller
Quarter-End Insights

Utilities: Bloody February Brings Valuations Back In Line

We don't see an end to this atypical volatility until interest rates rise back toward historical norms.
Travis Miller
Quarter-End Insights

Utilities: Repeating a Stellar 2014 Performance Will Be Tough

Utilities' 23% total return through mid-December topped all sectors except for M&A-fueled health care.
Travis Miller
Quarter-End Insights

Utilities: Roller-Coaster Ride Continues, but Fundamentals Are Strong

Stock price volatility offers opportunities for investors committed to holding utilities for the long run.
Travis Miller
Quarter-End Insights

Utilities Power Past Fair Value

Some of the most defensive companies in the utilities sector have performed the best this year and could face a sharp drop if interest rates start to creep up.
Travis Miller
Quarter-End Insights

4 Utilities Poised to Power Through for Investors

Interest rate fears have weighed on the sector's absolute performance, but utilities' fundamentals remain strong for the most part.
Travis Miller
Credit Insights

Treasury Bonds Take It on the Chin

Strong job growth sent Treasury rates upward, but corporate credit spreads held steady on a flood of new issues.
David Sekera
Quarter-End Insights

Our Outlook for Utilities Stocks

Finally, utilities with good growth and attractive yields are on sale.
Travis Miller
Quarter-End Insights

Our Outlook for Utilities Stocks

With interest rates rising, will dividend yields keep utilities afloat?
Travis Miller