Previous Close | $61.53 |
AI Value | $32.33 |
Upside potential | -47% |
Alliant Energy Corporation (LNT) is a Midwest-focused utility holding company providing regulated electricity and natural gas services to approximately 1 million customers across Iowa and Wisconsin. The company operates through two primary segments: Interstate Power and Light (serving Iowa) and Wisconsin Power and Light. As a regulated utility, Alliant benefits from stable cash flows under cost-of-service rate structures, with ~85% of earnings derived from electric operations. Its vertically integrated model includes generation (coal, natural gas, and renewables), transmission, and distribution assets. Alliant holds a competitive advantage through its constructive regulatory relationships, with recent rate case approvals supporting capital recovery and earnings growth.
Leading Midwest renewable transition (50% renewable generation by 2030 goal); smart meter deployment (100% completion by 2026); battery storage pilots.
Alliant Energy offers stable total return potential (6-8% annualized) driven by regulatory-backed rate base growth and renewable investments, suitable for income-focused investors. Risks include regulatory lag and execution of its ambitious solar transition. Current valuation (~18x 2024 P/E) appears fair relative to peers, with upside tied to accelerated renewable capex recovery.
Company 10-K (2023), EEI Financial Conference materials, MISO transmission reports, S&P Global Market Intelligence.
Historical valuation data is not available at this time.