Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our opinions or reviews. Learn how we make money.

How to buy Alliant Energy Corporation stock

Own Alliant Energy Corporation stock in just a few minutes.

Posted

Fact checked

Alliant Energy Corporation is an utilities—regulated electric business based in the US. Alliant Energy Corporation shares (LNT) are listed on the NASDAQ and all prices are listed in US Dollars. Alliant Energy Corporation employs 3,597 staff and has a trailing 12-month revenue of around USD$3.5 billion.

How to buy shares in Alliant Energy Corporation

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Alliant Energy Corporation Find the stock by name or ticker symbol: LNT. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Alliant Energy Corporation reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Alliant Energy Corporation, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Alliant Energy Corporation. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Alliant Energy Corporation share price

Use our graph to track the performance of LNT stocks over time.

Alliant Energy Corporation shares at a glance

Information last updated 2020-09-25.
52-week rangeUSD$37.66 - USD$60.28
50-day moving average USD$53.1403
200-day moving average USD$50.1486
Wall St. target priceUSD$57
PE ratio 18.9468
Dividend yield USD$1.52 (3.05%)
Earnings per share (TTM) USD$2.624

Compare trading platforms

Compare special offers, low fees and a wide range of types of investments among top trading platforms.
Name Product Available asset types Stock trade fee Option trade fee Annual fee
Vanguard
Stocks,Mutual funds,ETFs,Forex
$0
$1
$20 per year
Get a personal advisor when you open an account with at least $50,000.
Robinhood
Stocks,Options,ETFs,Cryptocurrency
$0
$0
0%
Make unlimited commission-free trades in stocks, funds, and options with Robinhood Financial.
TD Ameritrade
Stocks,Bonds,Options,Mutual funds,ETFs,Forex,Futures
$0
or $25 If it is broker-assisted
$0 + $0.65/contract,
or $25 Broker-assisted
TD Ameritrade features $0 commission for online stock, but watch out for high short-term ETF and broker-assisted trading fees.
Interactive Brokers
Stocks,Bonds,Options,Mutual funds,Index funds,ETFs,Forex,Futures,Cash
$0
$0 + $0.65/contract, $1 minimum
0%
IBKR Lite offers $0 commissions, and IBKR Pro offers advanced tools for professional traders.
Tastyworks
Stocks,Options,ETFs,Futures
$0
Stocks & ETFs: $1/contract to open, $0 to close, $10 max/leg
Futures: $2.50/contract to open, $0 to close
0%
Trade stocks, options, ETFs and futures on mobile or desktop with this advanced platform.
loading

Compare up to 4 providers

The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Alliant Energy Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is Alliant Energy Corporation under- or over-valued?

Valuing Alliant Energy Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Alliant Energy Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Alliant Energy Corporation's P/E ratio

Alliant Energy Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 19x. In other words, Alliant Energy Corporation shares trade at around 19x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Alliant Energy Corporation's PEG ratio

Alliant Energy Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.3539. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Alliant Energy Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Alliant Energy Corporation's EBITDA

Alliant Energy Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$1.4 billion.

The EBITDA is a measure of a Alliant Energy Corporation's overall financial performance and is widely used to measure a its profitability.

Alliant Energy Corporation financials

Revenue TTM USD$3.5 billion
Operating margin TTM 21.85%
Gross profit TTM USD$1.5 billion
Return on assets TTM 2.9%
Return on equity TTM 12.06%
Profit margin 18.09%
Book value $22.225
Market capitalisation USD$12.5 billion

TTM: trailing 12 months

Shorting Alliant Energy Corporation shares

There are currently 2.9 million Alliant Energy Corporation shares held short by investors – that's known as Alliant Energy Corporation's "short interest". This figure is 5% up from 2.8 million last month.

There are a few different ways that this level of interest in shorting Alliant Energy Corporation shares can be evaluated.

Alliant Energy Corporation's "short interest ratio" (SIR)

Alliant Energy Corporation's "short interest ratio" (SIR) is the quantity of Alliant Energy Corporation shares currently shorted divided by the average quantity of Alliant Energy Corporation shares traded daily (recently around 1.1 million). Alliant Energy Corporation's SIR currently stands at 2.74. In other words for every 100,000 Alliant Energy Corporation shares traded daily on the market, roughly 2740 shares are currently held short.

However Alliant Energy Corporation's short interest can also be evaluated against the total number of Alliant Energy Corporation shares, or, against the total number of tradable Alliant Energy Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Alliant Energy Corporation's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Alliant Energy Corporation shares in existence, roughly 10 shares are currently held short) or 0.0133% of the tradable shares (for every 100,000 tradable Alliant Energy Corporation shares, roughly 13 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Alliant Energy Corporation.

Find out more about how you can short Alliant Energy Corporation stock.

Alliant Energy Corporation's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Alliant Energy Corporation.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Alliant Energy Corporation's total ESG risk score

Total ESG risk: 33.44

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Alliant Energy Corporation's overall score of 33.44 (as at 08/01/2020) is nothing to write home about – landing it in it in the 57th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Alliant Energy Corporation is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Alliant Energy Corporation's environmental score

Environmental score: 18.76/100

Alliant Energy Corporation's environmental score of 18.76 puts it squarely in the 7th percentile of companies rated in the same sector. This could suggest that Alliant Energy Corporation is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Alliant Energy Corporation's social score

Social score: 13.22/100

Alliant Energy Corporation's social score of 13.22 puts it squarely in the 7th percentile of companies rated in the same sector. This could suggest that Alliant Energy Corporation is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Alliant Energy Corporation's governance score

Governance score: 10.46/100

Alliant Energy Corporation's governance score puts it squarely in the 7th percentile of companies rated in the same sector. That could suggest that Alliant Energy Corporation is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Alliant Energy Corporation's controversy score

Controversy score: 2/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Alliant Energy Corporation scored a 2 out of 5 for controversy – the second-highest score possible, reflecting that Alliant Energy Corporation has, for the most part, managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

Alliant Energy Corporation was last rated for ESG on: 2020-08-01.

Total ESG score 33.44
Total ESG percentile 56.5
Environmental score 18.76
Environmental score percentile 7
Social score 13.22
Social score percentile 7
Governance score 10.46
Governance score percentile 7
Level of controversy 2

Alliant Energy Corporation share dividends

56%

Dividend payout ratio: 55.89% of net profits

Recently Alliant Energy Corporation has paid out, on average, around 55.89% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.05% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Alliant Energy Corporation shareholders could enjoy a 3.05% return on their shares, in the form of dividend payments. In Alliant Energy Corporation's case, that would currently equate to about $1.52 per share.

Alliant Energy Corporation's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Alliant Energy Corporation's most recent dividend payout was on 17 August 2020. The latest dividend was paid out to all shareholders who bought their shares by 30 July 2020 (the "ex-dividend date").

Have Alliant Energy Corporation's shares ever split?

Alliant Energy Corporation's shares were split on a 2:1 basis on 20 May 2016. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Alliant Energy Corporation shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Alliant Energy Corporation shares which in turn could have impacted Alliant Energy Corporation's share price.

Alliant Energy Corporation share price volatility

Over the last 12 months, Alliant Energy Corporation's shares have ranged in value from as little as $37.66 up to $60.28. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Alliant Energy Corporation's is 0.3411. This would suggest that Alliant Energy Corporation's shares are less volatile than average (for this exchange).

Alliant Energy Corporation overview

Alliant Energy Corporation operates as a utility holding company that provides regulated electricity and natural gas services in the Midwest region of the United States. It operates through three segments: Utility Electric Operations, Utility Gas Operations, and Utility Other. The company, through its subsidiary, Interstate Power and Light Company (IPL), primarily generates and distributes electricity, and distributes and transports natural gas to retail customers in Iowa; sells electricity to wholesale customers in Minnesota, Illinois, and Iowa; and generates and distributes steam in Cedar Rapids, Iowa. Alliant Energy Corporation, through its other subsidiary, Wisconsin Power and Light Company (WPL), generates and distributes electricity, and distributes and transports natural gas to retail customers in Wisconsin; and sells electricity to wholesale customers in Wisconsin. As of December 31, 2019, IPL supplied electricity to 490,000 retail customers and natural gas to 225,000 retail customers; and WPL supplied electricity to 480,000 retail customers and natural gas to 195,000 retail customers. It offers electric utility services to retail customers in the farming, agriculture, industrial manufacturing, chemical, and packaging industries. In addition, the company holds investments in various businesses, which provide freight services through a short-line railway between Cedar Rapids and Iowa City, Iowa; a barge terminal and hauling services on the Mississippi River; customized supply chain solutions; freight and logistics brokering services; and other transfer and storage services. Further, it owns a 347 megawatt (MW) natural gas-fired electric generating unit near Sheboygan Falls, Wisconsin; and a 225 MW wind farm located in Oklahoma. Alliant Energy Corporation was founded in 1917 and is headquartered in Madison, Wisconsin.

Frequently asked questions

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site