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Alliant Energy Corp  (LNT)
Other Ticker:  
 
    Sector  Utilities    Industry Electric Utilities
   Industry Electric Utilities
   Sector  Utilities
 
Price: $49.6700 $-0.17 -0.341%
Day's High: $50.17 Week Perf: -1.04 %
Day's Low: $ 49.40 30 Day Perf: -4.43 %
Volume (M): 1,316 52 Wk High: $ 56.26
Volume (M$): $ 65,366 52 Wk Avg: $50.33
Open: $49.58 52 Wk Low: $45.15



 Market Capitalization (Millions $) 12,740
 Shares Outstanding (Millions) 257
 Employees 3,313
 Revenues (TTM) (Millions $) 3,983
 Net Income (TTM) (Millions $) 698
 Cash Flow (TTM) (Millions $) -126
 Capital Exp. (TTM) (Millions $) 1,913

Alliant Energy Corp
Alliant Energy Corporation is a publicly-traded energy company serving more than 1 million customers in Iowa, Wisconsin, and Minnesota. The company operates a diverse portfolio of energy assets, including electricity generation facilities, natural gas distribution systems, and renewable energy resources.

Alliant Energy was founded in 1917 as the Iowa Railway and Light Corporation. It underwent several name changes before becoming Alliant Energy Corporation in 1998. The company is headquartered in Madison, Wisconsin, and has approximately 4,000 employees.

Alliant Energy's electric utility subsidiaries include Interstate Power and Light Company (IPL) and Wisconsin Power and Light Company. IPL serves customers in Iowa, while Wisconsin Power and Light serves customers in Wisconsin. The company's natural gas utility subsidiary, Alliant Energy Resources, provides natural gas service to more than 400,000 customers across Iowa and Wisconsin.

In addition to its traditional utility operations, Alliant Energy is investing in renewable energy resources, including wind and solar. The company has 1,500 megawatts of wind generation capacity, making it one of the largest wind energy developers in the Midwest. Alliant Energy is also investing in new solar generation facilities and has a goal to add 1,000 megawatts of solar power to its portfolio by 2023.

Alliant Energy is committed to sustainability and has set a goal to reduce carbon dioxide emissions by 50% by 2030, compared to 2005 levels. The company is also investing in energy efficiency programs to help customers use energy more efficiently and reduce their energy bills.

Overall, Alliant Energy Corporation is a leading energy company with a diverse portfolio of assets and a commitment to sustainability. Its utility subsidiaries serve millions of customers across the Midwest, while its investments in renewable energy resources are helping to build a cleaner energy future.


   Company Address: 4902 N. Biltmore Lane Madison 53718 WI
   Company Phone Number: 458-3311   Stock Exchange / Ticker: NASDAQ LNT
   


   

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Alliant Energy Corp

Alliant Energy Corp Reports Slight -4.044% Revenue Slide in Q1 20242.



Alliant Energy Corporation, a leading electric utilities company, recently published its financial results for the period ending March 31, 2024. The company experienced a decline in profitability and revenue compared to the previous year. However, Alliant Energy Corp's net margin and operating margin improved. Additionally, the company announced the appointment of Christie Raymond as an independent director to strengthen its strategic planning capabilities. Despite the mixed financial performance, Alliant Energy Corp continues to maintain a stable market position.
Financial Performance Analysis
During the financial period closing March 31, 2024, Alliant Energy Corp reported a decrease in profitability, with a decline of -4.62% to $0.62 per share. Revenue also decreased by -4.044% to $1.04 billion on a year-on-year basis. However, comparing the current financial period to the preceding reporting period, revenue increased by an impressive 12.987% from $924.00 million, and profitability grew by 32.51% from $0.47 per share.

Management Changes

Alliant Energy Expands Leadership with Christie Raymond Appointment and Demonstrates Financial Resilience with Consistent Dividend Payouts

Published Fri, Mar 8 2024 10:00 PM UTC



In a move to further bolster their expertise and strengthen their strategic planning, Alliant Energy Corporation has recently announced the appointment of Christie Raymond as a new independent director. With over 30 years of experience in marketing, data analytics, media, operations, and customer satisfaction, Raymond brings a wealth of knowledge to the energy indu...

Financing Agreement

Wisconsin Power and Light Company Announces Pricing of $300 Million Green Bond Offering

Published Mon, Mar 4 2024 10:47 PM UTC

Wisconsin Power and Light Company Prices Public Offering of Green Bonds
Madison, Wis. - Wisconsin Power and Light Company (WPL), a subsidiary of Alliant Energy Corporation, has announced the pricing of its public offering of $300 million aggregate principal amount of 5.375% debentures. The debentures are set to mature on March 30, 2034. This offering aims to raise funds ...

Alliant Energy Corp

LNTs Report an Uptick in Earnings as Alliant Energy Corp Battles Share Decline

Despite the retirement announcement of Terry Kouba, the President of Alliant Energy's Iowa energy company, Alliant Energy Corp shares have experienced a decline of -9.96% from a year ago. This decline in share price brings it to -4.98% in the past 90 days and the shares are currently trading only 6.1% above its 52-week low. However, it is important to analyze the company's financial performance in order to understand the potential opportunities for investors.
In the fourth quarter of 2023, Alliant Energy Corp reported an improvement in earnings per share, which increased by 9.18% to $0.47. Although revenue decreased by -9.766% to $924.00 million, it is important to note that net earnings increased by 12.04% to $121.000 million compared to the same period last year. Furthermore, the company highlighted its improving profit margins, with a net margin of 13.1% and an operating margin of 19.7% in the fourth quarter of 2023.

Management Changes

Alliant Energy's President of Iowa Utility Business Terry Kouba Announces Retirement; Farlinger Named Successor

Published Tue, Feb 13 2024 10:15 PM UTC


Introduction
On November 15, 2023, Alliant Energy (NASDAQ: LNT) announced the retirement of Terry Kouba, the President of Alliant Energy's Iowa energy company. Kouba's retirement will be effective from May 1, 2024, following an impressive 42-year career with the company. The Board of Directors has appointed Mayuri (May) Farlinger as the new President of Alliant Ener...






 

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Earnings Outlook
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