We expect Alliant Energy to invest over $11 billion from 2024 to 2028, supporting 8% rate base growth. We forecast the company will achieve the top half of management's 5%-7% annual earnings growth target. Management estimates up to $14 billion of capital investment opportunities from 2028 to 2032, supporting growth beyond our forecast.
Alliant's earnings growth prospects are robust, supported by renewable energy projects that have regulatory support.
Alliant's aggressive investment plan increases regulatory risk.
|
Metric
|
LNT
|
WEC
|
XEL
|
|---|---|---|---|
Price/Earnings (Normalized) | 21.69 | 20.10 | 18.55 |
Price/Book Value | 2.29 | 2.49 | 2.00 |
Price/Sales | 3.92 | 3.49 | 2.60 |
Price/Cash Flow | 11.54 | 9.76 | 7.24 |
|
Metric
|
LNT
|
WEC
|
XEL
|
|---|---|---|---|
Quick Ratio | 0.27 | 0.42 | 0.61 |
Current Ratio | 0.65 | 0.74 | 0.97 |
Interest Coverage | 2.32 | 3.05 | 2.58 |
|
Metric
|
LNT
|
WEC
|
XEL
|
|---|---|---|---|
Return on Assets (Normalized) | 3.29% | 3.36% | 2.89% |
Return on Equity (Normalized) | 10.34% | 12.39% | 10.62% |
Return on Invested Capital (Normalized) | 6.46% | 6.96% | 5.98% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
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NGG
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PCG
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D
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PEG
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EXC
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ED
| Nvvkmdjwj | Pdh | $36.0 Bil |
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United States