Alliant Energy Corporation (NASDAQ: LNT) is a public utility holding company that provides regulated electric and natural gas services to over one million customers in Iowa and Wisconsin. The company focuses on renewable energy and reliable service delivery.
Key Takeaways:
- Alliant Energy’s stock price is expected to show steady growth over the next three decades.
- Factors such as renewable energy investments and regulatory changes will significantly impact the stock’s performance.
- Long-term investors may find Alliant Energy an attractive option for portfolio growth.
Overview of Alliant Energy Corporation
Alliant Energy Corporation, founded in 1917 as Interstate Power and Light Company, expanded from Iowa to serve Wisconsin, Minnesota, the Dakotas, Nebraska, Oklahoma, and Manitoba, Canada. The NASDAQ-listed company (LNT) has evolved its energy portfolio, notably acquiring the Buffalo Creek Wind Farm in 2007 and promoting electric vehicle charging in 2016.
Today, Alliant Energy is recognized for its environmental initiatives, including wind and geothermal projects. Serving about 1 million electric and 425,000 natural gas customers, the company demonstrates a strong commitment to corporate responsibility across its diverse service areas.
Alliant Energy Company Profile
| Country | United States |
| Ticker Symbol | LNT |
| Exchange | NASDAQ |
| Founded | 1917 |
| IPO Date | 1988 |
| Industry | Utilities |
| Sector | Energy |
| Employees | 3,281 |
| CEO | John O. Larsen |
| Market Cap (September 24, 2024) | $15.48 billion |
| Website | alliantenergy |
Alliant Energy Corporation (LNT) Balance Sheet Analysis
Alliant Energy Corporation’s 2023 balance sheet shows growth across key metrics. Total assets reached $21.24 billion, a 5.3% increase from 2022, while liabilities grew 4.1% to $14.46 billion.
Shareholders’ equity rose 8% to $6.78 billion, indicating improved financial strength. Total debt increased to $9.51 billion, with net debt at $9.45 billion. However, the company still faces liquidity challenges, evidenced by negative working capital of $1.03 billion.
Despite this, Alliant Energy’s overall financial position appears to have strengthened in 2023. Asset growth outpaced liability growth, and the equity position improved significantly year-over-year.
The balance sheet reflects modest but steady progress, with the company managing to grow its asset base while maintaining relatively controlled liability levels. This suggests a cautious approach to financial management amid ongoing operational challenges.
Balance Sheet Data Source: finance.yahoo
Alliant Energy Corporation Stock Price History
Alliant Energy Corporation (NASDAQ: LNT) had its IPO in the year 1988. Alliant Energy (LNT) has undergone two stock splits since 1988. The most recent split was on May 20, 2016. One share purchased before September 26, 1988, would now equal four shares.1
As of September 23, 2024, Alliant Energy’s stock price stands at $60.35.
LNT Stock Price Forecast 2024
Growth is expected for the remainder of the year, driven by the company’s investments in clean energy and potential regulatory changes.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2024 | $52.00 | $66.50 | $83.00 |
Our analysts predict a potential growth of 10.19% by the end of 2024, bringing the average price to $66.50. This growth is supported by Alliant Energy’s strong market position in providing electric and natural gas services to residential, commercial, and agricultural customers.
The company’s efforts in expanding its renewable energy portfolio are expected to contribute positively to its financial performance.
LNT Stock Price Forecast 2025
In 2025, Alliant Energy’s stock is anticipated to continue its upward movement. The company’s investments in grid modernization and energy efficiency programs are likely to yield positive results.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2025 | $70.00 | $75.00 | $93.75 |
We forecast a potential growth of 12.78% from the 2024 average, bringing the 2025 average price to $75.00. This growth is underpinned by expected improvements in operational efficiency across Alliant Energy’s electric and natural gas services.
The company’s focus on providing reliable energy to homes, businesses, and farms in its service area is expected to drive customer satisfaction and loyalty.
LNT Stock Price Forecast 2026
As 2026 approaches, Alliant Energy is expected to further strengthen its market position. The increasing demand for clean energy and the company’s proactive approach to meeting this demand are likely to drive stock price appreciation.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2026 | $79.00 | $84.50 | $105.60 |
Our analysts project a growth of 12.67% from the 2025 average, with the 2026 average price reaching $84.50. This growth is supported by expected increases in revenue from the company’s expanding renewable energy projects and sustainable energy solutions.
Alliant Energy’s commitment to providing energy efficiency programs is anticipated to resonate well with environmentally conscious consumers and investors alike.
LNT Stock Price Forecast 2027
In 2027, Alliant Energy’s stock is anticipated to maintain its growth momentum. The company’s long-term strategies in clean energy and grid resilience are expected to continue paying dividends.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2027 | $89.00 | $95.00 | $118.75 |
We suggest a growth of 12.43% from the 2026 average, bringing the 2027 average price to $95.00. This growth is driven by projected increases in earnings per share and potential expansions into new markets.
Alliant Energy’s focus on providing reliable electric and natural gas services to its agricultural customers is expected to strengthen its market presence in the Midwest.
LNT Stock Price Forecast 2028
As the end of the decade approaches, Alliant Energy’s stock is expected to show continued strength. The company’s investments in innovative technologies and smart grid solutions are likely to enhance its competitive edge.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2028 | $100.00 | $107.00 | $133.75 |
Our analysts forecast a growth of 12.63% from the 2027 average, with the 2028 average price reaching $107.00. This growth is supported by anticipated improvements in operational efficiency and potential increases in dividend payouts.
Alliant Energy’s efforts in enhancing its natural gas distribution network are expected to improve service reliability and customer satisfaction.
LNT Stock Price Forecast 2029
In 2029, Alliant Energy’s stock is projected to maintain its upward movement. The company’s commitment to sustainability and its strong market position in the utility sector are expected to continue attracting investor interest.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2029 | $112.00 | $120.00 | $150.00 |
We indicate a potential growth of 12.15% from the 2028 average, bringing the 2029 average price to $120.00. This growth is underpinned by expected increases in revenue from the company’s diverse energy portfolio.
Alliant Energy’s focus on community engagement and support for local organizations in its service areas is anticipated to strengthen its brand value and customer loyalty.
LNT Stock Price Forecast 2030
As a new decade begins, Alliant Energy’s stock is anticipated to reach new heights. The company’s long-term vision and strategic investments are expected to position it favorably in an evolving energy landscape.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2030 | $125.00 | $134.00 | $167.50 |
Our analysts project a growth of 11.67% from the 2029 average, with the 2030 average price reaching $134.00. This growth is supported by expected advancements in renewable energy technologies and potential regulatory changes favoring clean energy providers.
While Alliant Energy focuses on sustainable solutions, other companies like Dell are also making progress in the tech sector. For a detailed Dell stock prediction, check out our analysis.
LNT Stock Price Forecast 2031
In 2031, Alliant Energy’s stock is expected to continue its growth trend. The company’s focus on customer-centric solutions and grid modernization is likely to enhance its value proposition.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2031 | $140.00 | $150.00 | $187.50 |
We forecast a growth of 11.94% from the 2030 average, bringing the 2031 average price to $150.00. This growth is driven by anticipated increases in earnings and potential expansions in the company’s service offerings.
Alliant Energy’s efforts in developing electric vehicle charging infrastructure are expected to create new revenue streams and support long-term growth.
LNT Stock Price Forecast 2032
As 2032 approaches, Alliant Energy’s stock is projected to maintain its upward momentum. The company’s investments in smart grid technologies and energy storage solutions are expected to yield positive results.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2032 | $156.00 | $167.00 | $208.75 |
Our analysts anticipate a growth of 11.33% from the 2031 average, with the 2032 average price reaching $167.00. This growth is supported by expected improvements in operational efficiency and potential increases in market share.
Alliant Energy’s focus on enhancing its electric and natural gas services is anticipated to improve customer experience across its service territories.
LNT Stock Price Forecast 2033
In 2033, Alliant Energy’s stock is expected to continue its ascent. The company’s commitment to innovation and sustainability is likely to resonate well with both customers and investors.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2033 | $174.00 | $186.00 | $232.50 |
We indicate a potential growth of 11.38% from the 2032 average, bringing the 2033 average price to $186.00. This growth is underpinned by projected increases in revenue from the company’s diverse energy portfolio.
Alliant Energy’s investments in advanced analytics for predictive maintenance are expected to optimize asset performance and reduce operational costs across its electric and gas networks.
LNT Stock Price Forecast 2034
As the mid-2030s approach, Alliant Energy’s stock is anticipated to show continued strength. The company’s strategic focus on clean energy and grid resilience is expected to drive long-term value creation.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2034 | $193.00 | $207.00 | $258.75 |
Our analysts project a growth of 11.29% from the 2033 average, with the 2034 average price reaching $207.00. This growth is supported by expected advancements in energy technologies and potential expansions into new markets.
Alliant Energy’s efforts in developing advanced demand response programs are anticipated to optimize energy consumption patterns and improve grid stability.
LNT Stock Price Forecast 2035
In 2035, Alliant Energy’s stock is expected to maintain its growth path. The company’s investments in renewable energy and smart grid solutions are likely to continue paying dividends.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2035 | $215.00 | $230.00 | $287.50 |
We forecast a growth of 11.11% from the 2034 average, bringing the 2035 average price to $230.00. This growth is driven by anticipated increases in earnings per share and potential improvements in operational efficiency.
Alliant Energy’s focus on developing community solar projects is expected to attract environmentally conscious consumers and support revenue growth.
As Alliant Energy continues to grow, investors might also be interested in exploring opportunities in the pharmaceutical sector. Our ELPC stock price target provides insights into another potentially promising investment.
LNT Stock Price Forecast 2036
As 2036 approaches, Alliant Energy’s stock is projected to continue its upward trend. The company’s focus on sustainability and customer-centric solutions is expected to enhance its competitive advantage.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2036 | $239.00 | $256.00 | $320.00 |
Our analysts anticipate a growth of 11.30% from the 2035 average, with the 2036 average price reaching $256.00. This growth is supported by expected increases in revenue from the company’s expanding clean energy portfolio.
Alliant Energy’s investments in advanced distribution management systems are anticipated to improve system reliability and operational efficiency across its service territories.
LNT Stock Price Forecast 2037
In 2037, Alliant Energy’s stock is expected to maintain its growth momentum. The company’s long-term strategies in grid modernization and renewable energy are likely to continue yielding positive results.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2037 | $265.00 | $284.00 | $355.00 |
We indicate a potential growth of 10.94% from the 2036 average, bringing the 2037 average price to $284.00. This growth is underpinned by projected improvements in operational efficiency and potential expansions into new service areas.
Alliant Energy’s focus on developing innovative rate structures is expected to drive customer retention and attract new business.
LNT Stock Price Forecast 2038
As the late 2030s approach, Alliant Energy’s stock is anticipated to show continued strength. The company’s commitment to innovation and sustainability is expected to resonate well with investors and customers alike.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2038 | $294.00 | $315.00 | $393.75 |
Our analysts project a growth of 10.92% from the 2037 average, with the 2038 average price reaching $315.00. This growth is supported by expected advancements in energy storage technologies and potential increases in dividend payouts.
Alliant Energy’s investments in enhanced grid security are anticipated to position the company as a leader in the evolving energy marketplace.
LNT Stock Price Forecast 2039
In 2039, Alliant Energy’s stock is expected to continue its upward movement. The company’s strategic investments in clean energy and grid resilience are likely to drive long-term value creation.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2039 | $326.00 | $349.00 | $436.25 |
We forecast a growth of 10.79% from the 2038 average, bringing the 2039 average price to $349.00. This growth is driven by anticipated increases in earnings and potential expansions in the company’s service offerings.
Alliant Energy’s efforts in developing advanced weather forecasting models are expected to improve its ability to manage extreme weather events and maintain service reliability.
LNT Stock Price Forecast 2040
As a new decade begins, Alliant Energy’s stock is projected to reach new heights. The company’s long-term vision and strategic focus on sustainability are expected to position it favorably in an evolving energy landscape.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2040 | $361.00 | $387.00 | $483.75 |
Our analysts anticipate a growth of 10.89% from the 2039 average, with the 2040 average price reaching $387.00. This growth is supported by expected improvements in operational efficiency and potential increases in market share.
Alliant Energy’s investments in advanced materials for its distribution infrastructure are anticipated to improve system performance and reduce maintenance costs across its network.
While utilities like Alliant Energy focus on infrastructure improvements, other sectors such as healthcare are also showing potential for long-term growth. For those interested in expanding their portfolio, our HUM stock prediction offers a look at future trends in the health insurance market.
LNT Stock Price Forecast 2050
Looking ahead to 2050, significant growth is projected for Alliant Energy’s stock. The company’s commitment to clean energy and innovative technologies is expected to drive substantial value creation over the long term.
| Year | Low Price | Average Price | High Price |
|---|---|---|---|
| 2050 | $2,900.00 | $3,100.00 | $3,875.00 |
We indicate remarkable growth over the decade, with the 2050 average price reaching $3,100.00. This represents a compound annual growth rate (CAGR) of approximately 23.15% from 2040 to 2050.
Alliant Energy’s strategic positioning in the evolving energy sector, with anticipated technological breakthroughs in clean energy and grid management, is expected to drive this exceptional long-term growth.
The company’s continued focus on providing reliable electric and natural gas services to its diverse customer base, while advancing sustainable energy solutions, could potentially revolutionize the utility industry.
Conclusion
Our comprehensive analysis of Alliant Energy Corporation’s stock price forecast from 2024 to 2050 reveals a pattern of steady growth, with the potential for significant appreciation in the long term. The company’s strategic focus on renewable energy, grid modernization, and customer-centric solutions positions it well for future success.
Key factors contributing to this positive outlook include:
- Ongoing investments in clean energy technologies
- Potential favorable regulatory changes
- Anticipated improvements in operational efficiency
- Expansion into new markets and service areas
FAQs
1. What is the future of LNT share price?
Based on our comprehensive analysis, the future of Alliant Energy Corporation’s (LNT) share price appears promising. Starting from $60.35 in September 2024, we project steady growth over the next few decades. By 2030, the average price is expected to reach $134.00, representing a significant increase. Looking further ahead, our forecast suggests an average price of $387.00 by 2040, and a remarkable $3,100.00 by 2050. This long-term projection indicates a compound annual growth rate (CAGR) of approximately 23.15% from 2040 to 2050, reflecting the company’s strong potential in the evolving energy sector.
2. Is LNT a good long-term stock?
Alliant Energy Corporation (LNT) appears to be a promising long-term stock based on several factors. The company’s strategic focus on renewable energy, grid modernization, and customer-centric solutions positions it well for future growth. LNT’s consistent investment in sustainable energy solutions and infrastructure improvements suggests a forward-thinking approach that could yield substantial returns over time. Additionally, the utility sector’s stability, combined with Alliant Energy’s strong market position and commitment to innovation, makes it an attractive option for investors seeking steady, long-term growth potential.
3. What is the LNT 10 year outlook?
The 10-year outlook for Alliant Energy Corporation (LNT) is positive. Our analysis projects consistent growth from 2024 to 2034. Starting at an average price of $66.50 in 2024, we anticipate the stock to reach $207.00 by 2034. This represents a total growth of approximately 211% over the decade, or an average annual growth rate of about 12%. Key drivers for this growth include the company’s investments in renewable energy, grid resilience, and operational efficiency improvements. The increasing focus on clean energy and potential favorable regulatory changes in the utility sector also contribute to this optimistic outlook.
4. Is LNT a buy hold or sell?
Based on our analysis, LNT could be considered a “buy” or “hold” for investors seeking long-term growth. Alliant Energy’s strong position in providing electric and natural gas services to residential, commercial, and agricultural customers, along with its investments in sustainable energy solutions, suggests potential for steady appreciation. The company’s focus on grid modernization, energy efficiency programs, and community engagement further strengthens its market position.
5. Who are the major competitors of LNT?
Alliant Energy Corporation (NASDAQ: LNT) operates in the regulated utility sector. Here are the major competitors:
- NextEra Energy, Inc. (NYSE: NEE): A clean energy leader, specializing in renewable energy generation, particularly wind and solar. Dominates both regulated and unregulated markets.
- Duke Energy Corporation (NYSE: DUK): One of the largest utility companies in the U.S., providing electric and gas services with a strong focus on decarbonization and grid modernization.
- Xcel Energy Inc. (NASDAQ: XEL): A major U.S. utility company emphasizing renewable energy investments, operating in both electric and natural gas sectors across several states.
- American Electric Power Company, Inc. (NASDAQ: AEP): A leading electric utility focused on renewable energy, grid reliability, and modernization. One of the largest electricity transmission networks.
- Dominion Energy, Inc. (NYSE: D): An energy provider with a diversified portfolio in electricity and natural gas, focusing on sustainable energy and carbon reduction initiatives.
- Southern Company (NYSE: SO): Operates in electricity generation and distribution, with a growing focus on clean energy solutions like renewables and nuclear energy projects.
- CMS Energy Corporation (NYSE: CMS): A Michigan-based utility providing electric and natural gas services, heavily investing in renewable energy and energy storage technologies.
- Public Service Enterprise Group Inc. (NYSE: PEG): A diversified energy company focusing on utility and renewable generation, with a strong presence in the mid-Atlantic energy markets.
- Entergy Corporation (NYSE: ETR): A utility company that generates and distributes electricity, with a strong emphasis on nuclear power generation and carbon-free initiatives.
- Eversource Energy (NYSE: ES): New England’s largest energy provider, focusing on electricity, natural gas, and water supply, with significant investments in clean energy projects.
Disclaimer:
The stock price predictions provided herein are based on historical data, current market trends, and analysis. However, past performance does not guarantee future results. Stock markets are inherently volatile and subject to numerous economic, political, and market factors that can cause rapid and unpredictable fluctuations in stock prices. The information provided is for educational and informational purposes only and should not be construed as financial advice. It is strongly recommended that you consult with a qualified financial advisor before making any investment decisions. Invest responsibly and consider your individual financial situation, risk tolerance, and investment objectives before acting on any information provided.
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