Analyzing Alliant Energy Corporation (LNT) and Its Competitors
Alliant Energy Corporation (NYSE: LNT) is one of 85 publicly-traded companies in the “Electric Utilities” industry, but how does it contrast to its competitors? We will compare Alliant Energy Corporation to similar businesses based on the strength of its valuation, dividends, profitability, risk, analyst recommendations, institutional ownership and earnings.
Insider & Institutional Ownership
66.5% of Alliant Energy Corporation shares are held by institutional investors. Comparatively, 65.5% of shares of all “Electric Utilities” companies are held by institutional investors. 0.3% of Alliant Energy Corporation shares are held by company insiders. Comparatively, 2.7% of shares of all “Electric Utilities” companies are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.
This is a summary of recent ratings for Alliant Energy Corporation and its competitors, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Alliant Energy Corporation||0||4||0||0||2.00|
|Alliant Energy Corporation Competitors||514||2898||2327||41||2.33|
Alliant Energy Corporation presently has a consensus target price of $41.00, suggesting a potential downside of 6.54%. As a group, “Electric Utilities” companies have a potential upside of 6.42%. Given Alliant Energy Corporation’s competitors stronger consensus rating and higher probable upside, analysts plainly believe Alliant Energy Corporation has less favorable growth aspects than its competitors.
This table compares Alliant Energy Corporation and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Alliant Energy Corporation||11.85%||11.43%||3.34%|
|Alliant Energy Corporation Competitors||-10.82%||3.51%||0.54%|
Risk and Volatility
Alliant Energy Corporation has a beta of 0.42, suggesting that its share price is 58% less volatile than the S&P 500. Comparatively, Alliant Energy Corporation’s competitors have a beta of 0.70, suggesting that their average share price is 30% less volatile than the S&P 500.
Alliant Energy Corporation pays an annual dividend of $1.26 per share and has a dividend yield of 2.9%. Alliant Energy Corporation pays out 74.1% of its earnings in the form of a dividend. As a group, “Electric Utilities” companies pay a dividend yield of 3.1% and pay out 103.7% of their earnings in the form of a dividend. Alliant Energy Corporation has increased its dividend for 11 consecutive years.
Earnings & Valuation
This table compares Alliant Energy Corporation and its competitors revenue, earnings per share and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|Alliant Energy Corporation||$3.34 billion||$1.07 billion||25.81|
|Alliant Energy Corporation Competitors||$7.19 billion||$2.12 billion||30.84|
Alliant Energy Corporation’s competitors have higher revenue and earnings than Alliant Energy Corporation. Alliant Energy Corporation is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
Alliant Energy Corporation competitors beat Alliant Energy Corporation on 10 of the 15 factors compared.
About Alliant Energy Corporation
Alliant Energy Corporation operates as a regulated investor-owned public utility holding company. The Company’s segments include Utility and Non-regulated, Parent and Other. The Utility segment includes the operations of Interstate Power and Light Company (IPL) and Wisconsin Power and Light Company (WPL), which serve retail customers in Iowa and Wisconsin. The Utility segment includes utility electric operations, utility gas operations and utility other, which includes steam operations and the unallocated portions of the utility business. Its Non-regulated, Parent and Other segment includes the operations of Alliant Energy Resources, LLC and its subsidiaries; Alliant Energy Corporate Services, Inc. (Corporate Services); the Alliant Energy parent company, and any Alliant Energy parent company consolidating adjustments. IPL and WPL own a portfolio of electric generating units located in Iowa, Wisconsin and Minnesota with a fuel mix, including coal, natural gas and renewable resources.
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