Alliant Energy Corporation (LNT) AI Stock Analysis

Alliant Energy Corporation functions as a utility holding company providing regulated electricity and natural gas services through three segments: Utility Electric Operations, Utility Gas Operations, and Utility Other. Through subsidiary Interstate Power and Light Company (IPL), it generates and distributes electricity and transports gas in Iowa, alongside steam supply in Cedar Rapids and wholesale electric sales. Wisconsin Power and Light Company (WPL) generates and distributes electricity and natural gas in Wisconsin. Beyond core utilities, Alliant Energy operates a short-line rail freight service, a Mississippi River freight terminal, a rail-served warehouse in Iowa, freight brokerage, and energy infrastructure assets.

From FY2020 to FY2025, revenue achieved a 5-year CAGR of 5.0%. Annual revenue moved from $3.67B in FY2021 to $4.21B in FY2022, before declining 4.2% in FY2023 to $4.03B and 1.1% in FY2024 to $3.98B. In FY2025, revenue rebounded 9.6% to $4.36B, while net income rose to $810.0M with a net margin of 18.6% and EPS of $3.23. Over the trailing twelve months, revenue reached $4.43B with an operating margin of 19.1%. For the latest quarter ended June 30, 2026, quarterly revenue grew 1.0% year-over-year, while quarterly earnings fell 4.0%.

As of June 30, 2026, Alliant Energy held $25.0M in cash and short-term investments against $12.12B in total debt, resulting in net debt of $12.09B. The company reported a current ratio of 0.47 and a debt-to-equity ratio of 1.61 against shareholders' equity of $7.53B. In FY2025, operating cash flow reached $1.17B, but capital expenditures of $2.48B led to free cash flow of -$1.31B. Cash deployment also included $521.0M in dividends paid, while share count rose 3.9% over five years.

At its last close of $68.32 on October 16, 2026, Alliant Energy traded at a trailing P/E of 21.6x and a forward P/E of 17.5x, above the median of its S&P 500 Utilities peers of 20.9x and 16.0x, respectively. Its price-to-sales ratio of 4.0x and EV-to-EBITDA of 14.0x also stand above peer medians of 2.9x and 12.2x. Over the past year, the stock returned 4.2% compared to 16.8% for the SPY, while its 5-year return of 44.2% trailed the SPY return of 83.0%.

Alliant Energy pays an annualized forward dividend of $2.14 per share, representing a dividend yield of 3.13% with a payout ratio of 66.2%. The dividend is paid quarterly and has been maintained for 40 consecutive years. The 5-year annualized dividend growth rate is 6.0%, and the last ex-dividend date occurred on July 31, 2026.

Wall Street analysts hold 6 Strong Buy, 2 Buy, and 5 Hold ratings on the stock, with 0 Sell or Strong Sell ratings. The mean price target is $76.29, representing an 11.7% upside over the last close of $68.32. For the fiscal year ending December 31, 2026, analysts estimate EPS of $3.43 and revenue of $4.57B. The company beat EPS estimates in 2 of the last 4 quarters, with next earnings scheduled for October 29, 2026.

This page is an AI-written research summary of Alliant Energy Corporation (LNT). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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